According to a recent report from the Denver Metro Association of Realtors (DMAR), Denver metro home inventory is up 7 percent from last month, and more than 16 percent year over year. That’s
Exploring Sloans Lake
It may not be as dense as the Capitol Hill or LoDo neighborhoods, but Sloans Lake certainly has a lot going for it. Bounded by West 29th Avenue on the north, Federal Boulevard on the east, West 17th and 19th avenues on the south and Sheridan Boulevard on the west, Sloans Lake offers fantastic views and a plethora of restaurants, breweries and outdoor space for residents to enjoy.
Perhaps one of the biggest draws for the family-friendly neighborhood is the 177-acre Sloan's Lake Park, Denver's second-largest, complete with running paths, grassy areas, playgrounds, and a boater-friendly lake.
The park is located in the southwestern edge of the neighborhood, and draws visitors from the surrounding neighborhoods, too. It's also home to a large array of wildlife, especially birds, and is a great spot for picnicking and other outdoor activities.
Real estate in this area is super-hot. In fact, Redfin in December said the neighborhood is one of the 30 most competitive in the nation. Home prices in this area sit around $370,000, which is more affordable than the rest of metro Denver, where the average home price is $420,516.
But according to the Denver Business Journal, there may soon be some relief of inventory. A recent article revealed that just south of the neighborhood, directly across 17th Avenue from the park, is a newly-built development, the Sloan Lake Townhomes. Located at West 16th Avenue and Winona Court the development includes 39, two-story, contemporary units with nine different floor plans.
Another recent development is at 1810 Julian St., move-in ready contemporary townhomes also just blocks from the park. And a Denver developer last month said it is focused on potentially bringing another 270 apartments to the area as well.
Interested in checking out this popular west-side neighborhood? Contract Metrowest today – we’d love to show you around!
Michelle is a native of Denver, however just recently moved back Denver after living in Long Island , NY for the past 3 years. While in NY, she managed a portfolio of properties for a large NY invest....
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