Denver Neighborhoods To Watch

Dated: 04/29/2019

Views: 347

Image titleAs house hunters in Denver will attest, affordability is a very real issue in established areas like the Highlands or Washington Park. And areas that were once up and coming, such as Baker, Berkeley, and Sloan's Lake, seemed to have finally arrived. However, there are a few areas in the Mile High City that, while still somewhat gritty in parts, are beginning to transform and maintain a sense of affordability. Here we’ll give you a rundown of areas to consider as you search for your perfect home in the area.

Neighborhood: West Colfax
West Colfax is bustling, but a bit rundown and dated. The upside here is the emergence of artistic revitalization.

What’s changing here:

  • Community investment in projects like a redesign of the dangerous interchange at West Colfax Avenue and Federal Boulevard

  • Spillover development from the amenity boom in adjacent Sloan’s Lake

What you’ll want to look for: Recently constructed townhomes starting in the $400,000s

Neighborhood: Sun Valley
In this area, industrial lots coexist mainly with public housing, and the area is isolated from most city amenities by waterways and poorly planned thoroughfares.

What’s changing here:

  • A $376 million public housing redevelopment plan that will raze 333 subsidized housing units and replace them with 750 new mixed-income units, including moderate-income and market-rate homes, by the end of 2024

  • A master plan to overhaul the parking lots surrounding Broncos Stadium at Mile High into a walkable urban entertainment district

  • The ambitious, estimated 20-year RiverMile project that would create a bustling waterfront enclave along the South Platte River

What to look for: New-build multifamily residences. Note that prices here are TBD as Sun Valley is an untested market for new construction.

Neighborhood: Elyria-Swansea
Currently, factories, rail yards, and the interstate serve as less than desirable backdrops for single-family homes. But change is coming.

What’s changing:

  • The $1 billion National Western Stock Show Complex overhaul, projected to draw more than two million visitors annually after construction is completed in 2024

  • The $1.2 billion Central 70 Project

What to look for: Condos and townhomes in the $400,000 to $450,000 range, with improved roads and a cleaned-up South Platte River zone.

If you’re interested in checking out some of these promising areas, now could be a great time. Give Metrowest a shout today – we’d love to show you around!

Latest Blog Posts

Denver Market Slowing Balancing Still A Sellers Market

If you were house hunting in Denver in 2018 you know all too well how high home prices got and how quickly they sold. However, 2019 brought about a bit of a cool down that is continuing through the

Read More

Denver Takes Top Spot For Rising Home Prices Since Great Recession

According to a recent report from ATTOM Data Solutions, median home prices in the Denver area have risen by a greater percentage than other U.S. city since the Great Recession, which officially

Read More

Denver July Market Hits Seasonal Summer Slump

While July’s weather heated up in metro Denver, home buying and selling activity did not. That’s according to a recent report from the Denver Metro Association of Realtors (DMAR), who said home

Read More

Neighborhood Spotlight Holly Hills

Named the best place to live in Colorado by ranking site, Holly Hills doesn’t have the same name recognition as better known areas like Boulder or Wash Park. So why should this area be

Read More