Vali Wimberly

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Vali Wimberly,  in Denver
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About Me
A Colorado native and urban Denver resident who lives, works & plays in the Denver area. I am a Realtor in the downtown area--An urban Denver residential specialist so if you have Denver area questions just ask!

Areas of focus: Downtown Denver, LoDo, Riverfront, Prospect Park, Highland, Lower Highland (LoHi), Uptown, Congress Park, Chessman Park, Park Hill, City Park & Lowry.
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Vali Wimberly's Questions (0)
Vali Wimberly's Answers (6)
Vali Wimberly answered:
Can't really give you a solid answer because each of the neighborhoods you listed are sub-markets and each can be statistically evaluated on that alone to figure average list vs. sale prices. However your offer price is also going to depend largely on the seller's situation -- Do they occupy the place? Do you plan on purchasing and doing work on the place? Is it a bank-owned property? Do you have the time and patience to consider short-sale properties? These are going to all be factors when determining how much to offer. I work all these Denver city center areas and have not had any sellers (individually-owned or bank-owned) accept anything that low -- that's a 12 % discount and none of the areas you mentioned are seeing that large of a difference on list vs. sale price.

On another note, you will Need to put at least 10% down if you are getting a conventional loan as loans on condos in Denver have gotten much stricter as of late. Your mortgage broker can tell you about the details of this.

Deep discount can be found but they will be at a price -- whether it's sweat equity or just time, time waiting for the 'steal' of a deal to come around. My clients have had the best success just being absolutely prepared and watching the neighborhoods of interest for the deals the moment they come on the market. - Tue May 6 2008, 14:33

Does Denver have any truly pedestrian areas to live in?

Vali Wimberly answered:
There are a number of areas downtown that ‘almost’ fill the role of truly ‘walkable’ neighborhoods. Such as LoDo, Riverfront Park, Uptown, Capitol Hill. Transit oriented developments (TODs) that are centered around the stops along the lightrail are a huge part of greater Denver’s plan. TODs along the lightrail are currently being developed and have neighborhood amenities steps from your front door and direct access to the rail lines. - Wed Mar 5 2008, 06:20

Where should I live for good access to trail running?

Vali Wimberly answered:
Ah, one of the many reasons I live in Denver--great trails, Everywhere!

If you are asking about mountain trail running that's going to be along the Foothills (think: Westside) and also in Southwestern Denver. Since Denver is bordered by the Rocky Mountain Range on the West you will find more challenging runs there.

I am a downtown person but, like you, a trail needs to be within walking distance. The downtown area is saturated with trails that run along Cherry Creek and South Platte River. Also, you can find some great park runs around City Park, Wash Park, Sloans Lake, Rocky Mountain Lake, Cheesman. I'm sure that doesn't narrow down the area for you but the good news is that is the norm around Denver--over 300 miles of recreational paths that span through the entire city. It's probably better to target a few areas that fit your lifestyle and ask about the specific trail running in those areas. - Thu Sep 27 2007, 15:21
Vali Wimberly answered:
Globeville: I-25, 54th, Platte River, 44th.

The northern part of this area is the old Argo Mills which used to be a gold mill. Globeville is surrounded by industry of the past and present, much of the industry of yesterday no longer exists in Globeville today. The Polish immigrants that worked at Argo Mills populated the residential neighborhoods. When I-70 was constructed in the 60's the neighborhood was forever split by the barrier.

For more information about any of Denver's City Center neighborhoods please feel free to contact me. - Thu Sep 27 2007, 14:55

Are home inspections worth the money?

Vali Wimberly answered:
Don't buy a headache! Inspections help you minimize your risk. Just fork out a few hundred to avoid sleepless nights and big problems in the future. Attending the home inspection is very important, it's when buyers learn a lot about their new home and what needs to be done to keep the home in top shape.

Inspections are really important when relocating to a new area that may have issues that were unheard of where a buyer used to live. A good inspector will have the buyer walking away with a better understanding of the home they are getting into. - Thu Jun 28 2007, 16:09
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