Consider that the metro Denver
median sales price of single-family
homes was $224,900 in 2010,
according to Metrolist – which is on
par with metro areas of similar size
and population. Homes here increase
in value and can provide substantial
return over time. Unique tax benefits
also apply, and homeowners can
deduct both mortgage interest and
property taxes. Metro Denver’s cost of
living is also lower than most major
cities and is on par with the national
average, compared with more than
300 urban areas.
MOUNTAIN COMMUNITIES
AND MUCH MORE…
The metro Denver area offers a robust
housing market, with good levels of
appreciation. An excellent mix of both
executive and entry-level housing exists
throughout the metro area. The region
offers some of the best housing values of
any major metropolitan area.
Housing options within the metro area
range from urban lofts and downtown
high-rise buildings to horse properties
and rural acreage. Since Denver-area
neighborhoods can suit any lifestyle, it
all depends on your unique preferences
for your new home.
For example, Jefferson County in the
foothills of the Rocky Mountains offers
several mountain communities, including
Evergreen, Morrison, Conifer, Aspen
Park, Kittredge and Bergen Park. Just 30
miles west of Denver, the greater
Evergreen area is at about 7,500 feet
elevation and encompasses about 130
square miles of pine and aspen-laden
hills. It sprawls from the 14,260- foot
Mount Evans on the west, to the edge of
the high plains on the east, Conifer and
Aspen Park on the south, and Genesee
and Lookout Mountain on the north.
Offering a unique mountain lifestyle,
Evergreen offers its residents easy
access to a variety of mountain
recreational opportunities.
Located along U.S. 285, the small town
of Morrison has only about 500
residents. Tourism is its major industry.
Visitors come to the town to enjoy its
restaurants, outdoor recreation and rock
concerts. Other attractions include
Bandimere Speedway, a multi-use
speedway, and Dinosaur Ridge, a world-renowned outdoor paleontology museum.
The City of Boulder in Boulder County
is another scenic mountain community
located in the foothills of the Rocky
Mountains. In fact, the city has been
described as “the city nestled between
the mountains and reality.” Located 35
miles northwest of downtown Denver,
Boulder has an elevation of 5,430 feet
and acres of vast open space. One of
Colorado’s centers of commerce,
education, research and recreation,
Boulder is home to the University of
Colorado. Attractions and entertainment
include concert series, festivals,
sidewalk cafes, galleries, street
performers, and hiking, biking and
climbing within minutes of downtown
Boulder.
Nederland is another mountain
community located 17 miles west and
3,000 feet above Boulder. The city is
the largest town along the Peak-to-Peak
Scenic Byway that runs more than 55
miles from Black Hawk/Central City to
Estes Park—one of the most scenic
drives in the state. Byway motorists pass
ghost towns, the Golden Gate Canyon
State Park, the Indian Peaks Wilderness
Area, Longs Peak ( 14,255 feet) and
Rocky Mountain National Park.
Nederland residents can also cross-country ski or snowshoe in the
backcountry – or ski and snowboard at
nearby Eldora Mountain Resort.
Planned communities also dot many
areas of the city, including Riverfront
Park in Denver’s Central Park
neighborhood and the redevelopment
of the former Stapleton International
Airport. Co-housing options, town
centers and lifestyle communities are
key elements in the redevelopment of
the original Elitch Gardens and the
former Lowry Air Force Base sites.
Revitalization in the Cherry Creek,
Hilltop, Highlands and Washington
Park neighborhoods has also added
eclectic and innovative new housing.
AFFORDABLE AND
AVAILABLE HOUSING
There are plenty of new housing options
available in metro Denver, ranging from
executive housing to entry-level homes.
Housing costs have stabilized in recent
years in metro Denver, and some of the
best housing values of any major
metropolitan area are offered right
here.
Many communities, employers and
organizations in metro Denver also