According to a recent analysis from the Denver Business Journal, the average Denver County home has produced dramatically higher returns on investment over the past ten years when compared to the
Neighborhood Spotlight Chaffee Park
Boasting above-average public schools and a variety of dining and entertainment options, Chaffee Park is rated the #58 best neighborhood in Denver, according to ranking site Niche.com. Niche indicates the median home value in this charming neighborhood is around $230,000, with about 70% of residents owning their homes and 30% renting.
Location: Located in the northwest corner of the city, Chaffee Park is north of Sunnyside connected via Zuni Street, and northeast of Berkeley connected through Regis via nearby Lowell Boulevard. Chaffee Park is east of Regis and south of Adams County.
History: In its early days, Chaffee Park was a semi-rural area of truck farms interspersed with houses. The area was then named after Jerome B. Chaffee, one of the founders of the City of Denver and Republican U.S. Senator.
In April 1946 the Denver City Council approved the development plan for the Chaffee Park Heights Subdivision with initial boundaries between 48th and 52nd Avenues and between Tejon Street and Pecos Street. Chaffee Park was platted over the course of 1945-52, but was mostly completed by 1949.
Housing style: The homes that were built were mostly in the Minimal Traditional-style, loosely based on the Tudor Revival-style of the 1920s and 1930s.
Outdoor space: Zuni Park is located at the northern edge of Chaffee Park Neighborhood between Zuni Street and Vallejo Street, south of West 52nd Avenue. It features a bike/pedestrian path, multiple picnic areas, restrooms, shelter, a basketball court, a playground, mixed-use field space, a baseball/softball field, and an outdoor fitness equipment area.
With its easy access to major highways and abundance of shops and restaurants, it’s no wonder Chaffee Park is starting to get on the radar of potential buyers. If you’re interested in checking out this great area, contact Metrowest – we’d love to show you around!
Ben Alan Leonard is currently serving as a Broker Associate with Metrowest Real Estate Services. He has invested, worked and lingered in the Real Estate field for many years. Previous to working w....
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