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
$255,000 in 2013, according to Metrolist - a
figure on par with the metro areas of similar
size and population. The medium sale price
of a home in the Denver metro in 2016 was
$487,974 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 prop-
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 from
urban lofts and downtown high-rise buildings to horse properties and rural acreage.
There is a Denver-area property suitable for
any lifestyle: it all depends on your unique
preferences for your new home, as well as
your priority amenities.
One example is Jefferson County. Located
in the foothills of the Rocky Mountains,
Jeffco offers several mountain communities,
including Evergreen, Morrison, Conifer,
Aspen Park, Kittredge and Bergen Park.
The charming mountain town of Evergreen,
located just 30 miles west of Denver, is at
about 7,500 feet elevation and encompasses
about 130 square miles of pine and aspen-laden hills. It’s close enough to Denver that
many people commute daily. Evergreen
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. Many Evergreen residents
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?