The housing market doesn’t show any signs of cooling in the Mile High City as, to the dismay of many buyers, we set two records last month: record-high home prices and record low average days on
Ideal Neighborhoods For First Time Buyers In Denver
Anyone looking for housing in the Denver area knows at least two things: 1) home prices are high, and 2) there’s not a huge inventory to choose from. Homes in the city’s most desirable neighborhoods sell incredibly quickly and they don’t run cheap, but if buyers start looking outside of the central core, they’ll find some areas that are much more accessible and affordable.
The following list of neighborhoods focuses on two of the biggest factors that first-time homebuyers often consider: Neighborhood affordability and safety.
This neighborhood sandwiched between Highway 83 and Quebec St. in southeastern Denver isn’t very big, but it’s a good combination of affordability and low crime.
Crime density: 176.6 crimes per square mile
Zillow Home Value Index: $239,300
Gateway - Green Valley Ranch
The Gateway - Green Valley Ranch neighborhood is right off Pena Boulevard near Denver International Airport, so as long as you don’t mind the noise of planes passing overhead, it can be a good option for a first-time homebuyer.
Crime density: 195.9 crimes per square mile
Zillow Home Value Index: $287,600
The Globeville neighborhood sits at the intersection of I-25 and I-70, north of downtown Denver. While crime and home prices are low here, it’s worth noting that this area, along with Elyria-Swansea (also included below), was recently named the most polluted zip code in the country.
Crime density: 381.6 crimes per square mile
Zillow Home Value Index: $229,300
Elyria-Swansea sits just east of Globeville, along I-70. The neighborhood is at the center of a controversial proposal to lower part of the freeway and cover it with a park.
Crime density: 404.2 crimes per square mile
Zillow Home Value Index: $226,900
This neighborhood is west of Globeville, sitting just north of I-70 and east of Federal Boulevard.
Crime density: 447.8 crimes per square mile
Zillow Home Value Index: $293,700
Ready to start checking out some exciting neighborhoods outside of the downtown area? Contact Metrowest today – we’d be happy to show you around!
Raymond Gonzales is real estate broker with Mertowest Real Estate Services, a Colorado based real estate brokerage serving the Denver metro area. Raymond is a Colorado native, born and raised in Arvad....