Asked by Anon, 80203 • Sat Aug 31, 2013
My husband and I found a place in the West Colfax/Sloan's Lake neighborhood.
I decided after looking at the neighborhood to look at the crime rates, etc. for the area just to have an idea of what the neighborhood looks like.
During my search, I found out that the place is two blocks away from a Section 8 apartment complex.
What I am concerned for besides the crime rate is the resale value of the property being so close to a Section 8 complex. This place is a duplex and the other side of the property has been on the market for 160 days, and I am wondering if that is part of the reason. It seems unusual given the property is two blocks away from the lake in a part of town that is supposed to be really hot right now.
Could someone out there let me know if buying a place close to a Section 8 complex is a thing to be concerned about?
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