The metro area includes seven counties
across approximately 4,500 square miles
and is home to a distinctive mix of cities,
towns and unincorporated communities and
a balance of natural and cultural amenities.
The beauty of the Rocky Mountains
provides a stunning backdrop and setting for
recreational activities for residents across
the entire metro Denver region. Denver’s
abundance of natural beauty makes the
people who live here happier—which might
explain why the region has steadily grown in
popularity over the past few decades. Along
with the boost in population has come
increased value in the area’s real estate.
In fact, the median sale price of a single-family home in the metro Denver area was
$224,900 in 2010, according to Metrolist—a
figure on par with metro areas of similar size
and population. The median sale price of a
home in the Denver metro area by 2013 was
$255,000 proving that homes here increase in
value and can provide substantial return over
time. Buying a house in the metro Denver
region is truly an investment in the future. And
don’t worry—there are still plenty of more
affordable homes in the area for younger families that are just starting out. Homeowners in
Colorado can benefit from unique tax credits,
and homeowners can deduct both mortgage
interest and property tax.
AND MUCH MORE…
Metro Denver’s housing market has been
strong for several years, with good levels of
appreciation. 2013 saw low levels of inventory on the market, perhaps one byproduct
of the region’s increased popularity. Fortunately, the market has started to balance
out more in 2014, with more homes on the
market than previously. The housing stock
includes an excellent mix of both executive and entry-level housing throughout the
metro area. The region offers some of the
best opportunities for making a return on
real estate investment in the country.
The metro region’s housing options are
not limited to single-family homes. The
Denver metro area’s housing options range
A NEW HOME
One of the most difficult hurdles when remodeling your home is either
choosing between hiring the right professionals for the project or
deciding to do it yourself. Knudson Gloss Architects in Boulder offers the
following planning steps and general rules of thumb when embarking
on a remodeling project:
1. Do a financial review. Consult your banker, a real estate professional
and/or a financial planner. Consider your goals, and decide on a
realistic budget for the project.
2. Interview professionals to create your project team. You will initially
need an architect to design and coordinate building restrictions and
codes, and a builder to review budgets, prepare cost projections
3. Make sure you have an extensive site survey done, mapping existing
site conditions such as the home’s location, utilities and vegetation.
4. Other professionals you may need include a structural engineer,
kitchen designer, interior designer and landscape designer. Once
you’ve assembled a team, review goals and budgets. Inventory
the existing home and property, and develop a program with your
builder and architect.
From these discussions and the design process, you’ll have a plan of
action – and you’ll be well on your way to a new home.
Where should you begin?