Even though a recent study determined that home affordability in Denver was the second-worst in the country, promising new data shows that buyers who expand into nine different suburbs outside the
Best Neighborhoods For The Money In Denver Part 2
Inventory is on the low side in Denver, and homes are often selling for above-asking price, but that doesn’t mean there aren’t values to be found – especially if you’re thinking of your home purchase as a long-term investment. In the second installment of the series, we’re happy to list the remaining 5 best Denver neighborhoods to invest in. The list was compiled keeping the following factors in mind: recent income growth, current employment rates, average home sale prices, crime statistics, and school ratings.
Sloan's Lake (percentage increase in home sale price: 22%)
This once off-the-radar neighborhood has seen a surge in sleek and modern homes going up next to the more historic architecture is was known for in the past. The beautiful lake and the influx of hip restaurants in the area are just a few of the reasons folks are super keen on this area.
Windsor (percentage increase in home sale price: 19.12%)
Hailed as one of the safest neighborhoods in the city, Windsor is full of apartments and condominiums, which make it stand out from many of the surrounding areas. From here you have easy access around town thanks to some pretty main thoroughfares and great schools.
University Hills (percentage increase in home sale price: 21.48%)
Home to the University of Denver, this active neighborhood is filled with coffee shops, bars, and casual dining options that are a great fit for the student population in the area. The crime rate is quite low here, and schools are top notch.
Rosedale (percentage increase in home sale price: 26.12%)
Rosedale offers a variety of activities and popularity in this neighborhood is soaring due to its parks, exceptional schools, and proximity to the fun area of South Pearl Street.
Berkeley (percentage increase in home sale price: 16.03%)
This bustling neighborhood has exploded in recent years and is highly sought after for its beautiful tree-lined streets, mixed in with all of the charm and amenities one could want out of their neighborhood.
If you’re interested in checking out some of the best neighborhoods in Denver, there are still good deals to be found. Contact Metrowest today – we’d love to show you around!
Paul Jevne was born and raised in Central Wyoming. Upon leaving High School he began a career in the oilfield. Here he developed an excellent work ethic. Paul soon realized he didn't want to continue ....
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