A luxury townhome in the heart of greenwood village, DTC. What do you think about the market condition in?
that area? I know the area has a high demand all the time, but I am afraid if it is not worth owning a $530k townhome with 2,100sf including the current incentive even if it is located at a prime spot. I am kind of interested in it because of location and nearby schools
Mon Dec 24 2007, 07:35 - Greenwood Village - Market Conditions - 5 answers
|
|||||||
| Answers (5) | ||
| Show me: Recent Answers Oldest Answers Highest Rated |
|
|
| Kent Palmer was FIRST TO ANSWER | ||
|
BEST ANSWER
Market Conditions: FindingTheHome.com-- click on Market Snapshot and submit your zipcode.
Greenwood Village is holding value-- however I would purchase a detached single family home-- vs the town home or condo. Kathryn Carlson, Licensed Real Estate Broker Owner , Bachelor of Science, Realtor, Accredited. Luxury Home Specialist, e-Pro Certified Memberships: National Association of Realtors, Colorado Association of Realtors, Denver Board of Realtors, Council of Residential Specialists, Council of Luxury Home Specialists, Colorado Mortgage Holding Company, Licensed HUD Broker, Denver Metrolist Homes and Lifestyles of Colorado _____________________________________________ Finding Your Place Called Home Cell (720) 226-8199 - Direct (303) 816-9199 - Fax (303) 845-9938 Email: Kathryn@DenverHomeLiving.com Special Offers, Daily Home Lists, and Market Conditions: www.DenverHomeLiving.com ____________________________________________________ 9 Divisions to Serve You: Luxury Home Living - City Living - Mountain Living -Condo & Town Home Living - Farm & Country Living - Relocation/First Time Home Buyers - REO Bank Owned & Short Sales - Income & Investment - Land. Spring Specials: * Your Home Sold in 90 Days or $1,000 to You. * 2.6% Total to Sell Your Home (if you are planning on Buying). Over 30 Years of Combined Company Experience of Tech/ and Real Estate Sales. Serving the Entire Denver Metro Region & the Mountains. Thank Your for Your Referrals of Friends & Family - They are the Life of Our Business. Fri Apr 11 2008, 17:28 Web Reference: http://www.DenverHomeLiving.com
|
|
||||||
|
BEST ANSWER
I think that is a good area to buy in. It should keep the demand going because of the urban type of lifestyle. It is close to shops, transportation and has a little bit of itsd own "vibe"
Wed Dec 26 2007, 21:24 Web Reference: http://www.kennaandco.com
|
|
||||||
|
BEST ANSWER
Tom,
There are Currently 21 units avaialble. The asking prices range from $555K-$730K. The price per square foot is running between $243.25 to $331.86 with units ranging in size 2006sf to 2284sf. The total days on market numbers are running between 53 and 160. There is only one unit showing up as sold in the MLS. It sold in November of 2007, a 2284 sq foot unit for $565K after 53 days on the market. Based on those numbers and what I see for future demand in the area, I would be interested in reaserching a $530K unit further. I you need any additional info, just let me know. Wed Dec 26 2007, 06:31 Web Reference: http://www.homehawker.com
|
|
||||||
|
BEST ANSWER
I am talking about the one in DTC pkwy, brownstone. It is near Cherry One Lane properties. Are there new developments near Belleview and Yosemite?
Mon Dec 24 2007, 11:10
|
|
||||||
|
BEST ANSWER
FIRST ANSWER
You are right, the area is one of the few in the Denver Metro are that has not seen a substantial pull back in demand. I am assuming you are speaking of one of the new developments near Belleview and Yosemite. If you could be more specific, I would be happy to post some comparable sales info.
Mon Dec 24 2007, 10:53
|
|
||||||
San Francisco real estate | New York real estate | Los Angeles real estate | Orlando real estate | Miami real estate | Philadelphia real estate | Phoenix real estate | San Diego real estate | San Jose real estate | Chicago real estate | Arizona real estate | California real estate | Florida real estate | Illinois real estate | Massachusetts real estate | New Jersey real estate | Pennsylvania real estate | Texas real estate | Other local real estate | Home price maps
Copyright © 2008 Trulia, Inc. All rights reserved. |