Wednesday, May 9, 2012

Denver Real Estate Offers Attractive Options


Denver is the capital of Colorado, lying east of the Rocky Mountains Front Range, at an elevation of 5,280 feet. The population was around 598,700 in 2008. The city sprawls in an area of 401.3 square kilometers. Denver was established as a mining town in 1858 when the Pikes Peak Gold Rush created history in western Kansas. The city is located in a 'bowl' and hence is protected from strong winds and severe cold. The climate is semi-arid. Denver City and County possesses 79 neighborhoods. The city has a varying character, with houses from the beginning of the twentieth century lying alongside suburban style, modern development areas and large skyscrapers. The older brick buildings are denser in the city center, while the neighborhoods away from the center contain modern structures.Denver is a growing metropolis.

The Denver real estate scene is quite attractive. The office buildings, restaurants, shopping centers, and entertainment venues are situated in downtown of Denver. This area is a thriving one but also safe and clean. The heart of downtown offers condominiums, lofts, town homes, and single-family homes for aspiring homebuyers. Cherry Creek, Crestmoor, Belcaro, Bonnie Brae, Hilltop, Washington Park, Denver Country Club, and Polo Club are highly exclusive communities around downtown. Prices of condominiums and homes in this area are priced around $400 to $500 per square foot.If you prefer a lifestyle of high-rise condominium, LoDo, near the Coors Field area, is the best one. Other areas near LoDo are Curtis Park, Highlands, Riverfront, and Golden Triangle. They are also developing rapidly and offer ample scope for developers to plan neighborhoods and homes. Curtis Park and Highlands are witnessing the renovation of old historic houses. Apart from Golden Triangle, Baker, Regis, and City Park are also undergoing renovations.Cherry Hills and Greenwood Village are among the affluent suburbs in south Denver. Cherry Creek, Centennial, Aurora, Englewood, and Littleton are the other suburbs. All of them have lots of open space and very low crime rate.

However, the biggest attraction for people relocating to Denver is Highlands Ranch, the largest planned community area in Denver. This neighborhood lies between Arapahoe and Douglas counties. The community is a mixture of suburban neighborhoods and rural sections and is an ideal place for Denver homes for sale.The suburbs of Lakewood and Westminster lie in the west of Denver. This area is a combination of old homes and new construction. The nearby foothills have the suburbs of Morrison, Evergreen, and Conifer. These could be termed as mountain communities, with excellent views, golf courses, trails, and gravel roads. The northern suburbs include Broomfield, Louisville, Boulder, and Lafayette, with housing and shopping opportunities. Another area with old and new structures abounding side by side contains the communities of Northglenn, Thornton, Commerce City, and Brighton.As such, Denver real estate agents and Thornton real estate offer ample scope for developers and home seekers.

Denver homes for sale are mostly affordable and the recent slump in real estate prices had made investment in Denver real estate more attractive.