Is Park Hill Village a good place to buy a condo now?

Asked by Denvercondobuyer, Denver, CO Mon Apr 21, 2008

The condos look great there, but will the values keep up in the future? Will development continue in the area, and will the planned light rail stop help property values there?

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9
Sjojo1j1, Home Buyer, Denver, CO
Fri Apr 28, 2017
It won't help home values, as the light rail goes in values tend to drop!
0 votes
anna, , Denver, CO
Thu Aug 15, 2013
Wow
there are only 2 homes available in Park Hill Village. A townhome at $340,000 and a condo at $198,000. Park Hill Village is on fire
0 votes
Josh Barnett, Agent, Chandler, OK
Mon Jun 17, 2013
Check out Trulia's "Local Info" Tab above for info from schools to crime.

Best of Luck
0 votes
Ritchy Haynes, , Denver, CO
Mon Jun 17, 2013
Condos are sparse in that area/neighborhood, but it is a wonderful family neighborhood and part of Denver!
0 votes
Robert McGui…, Agent, Denver, CO
Sat Jun 15, 2013
DenverCondoBuyer,

Good answers below. What a great development and a great location. I live in Park Hill and have clients who are also excited about these units close to the Park Hill Golf course (my favorite), 2 minutes from I-70 and 10 minutes from Downtown Denver. The average Denver condos have appreciated avout 40% in the last couple of years. The ones in the heart of Denver and in good locations should be on the high end of the rising prices and turn out to be great investments as well as great places to live.

Robert McGuire
Broker/Consultant
Your Castle Realestate
http://about.me/robertmcguire33
0 votes
anna, , Denver, CO
Mon Jun 10, 2013
Park Hill Village is on fire. June 2013

There are 168 apartments under construction giving the community great new options for homes. The values are primed to take off with no foreclosures going into the Summer 2013 selling season.

Look for condo prices to move to a minimum of $155,000 and Townhomes to be in the minimum $250,000 to mid $300k's

The light rail station is under construction and is within easy walking distance to Park Hill Village. Just a 3 minute ride to Union Station and around 18 minutes to Denver International Airport.

Walk to Starbucks for your morning coffee
Less than 1/2 the distance to Downtown Denver than Stapleton.

Almost forgot the community is on the Park Hill Golf Course. Infill, TOD, Golf Course what a great combination.
0 votes
Joe, , Denver, CO
Tue Jul 8, 2008
Park Hill Village is in a progressive area of denver with new contemporary architecture and retail under development. The condominiums and town-homes are trendsetting and luxurious. The amenities are also nice with an active swimming pool and fitness center. Park Hill also has a phenomenal location just minutes from LoDo (Lower Downtown), City Park, Cherry Creek and Stapleton. Starbucks and KT's BBQ are anchors to the 19,000 sq ft retail development at Park Hill's front door. Not to mention. It's affordable real estate in the heart of Denver. Something not all that easy to find.
Web Reference:  http://www.phvdenver.com
0 votes
Jamie Kimbro…, , Castle Rock, CO
Mon Apr 21, 2008
In any area, condos are the most market-sensitive if there is a downturn. The good news is many of us in the professional real estate business think that our market here in the Denver area has bottomed out - and we should start seeing modest appreciation. So, now is a great time to buy! Also, the light rail stops have increased values, even in declining areas, so timing is good to "beat the rush" and before the prices start to climb. If you would like to receive current listings in the area, as well as be notified of any new listings as they come up on a daily basis, please let me know. jamie@kimbroughproperties.com
0 votes
Kathryn Carl…, Agent, Conifer, CO
Mon Apr 21, 2008
Park Hill (near downtown) is a neighborhood holding value. It would be a better investment to purchase a detached single family home-- rather than a condo. For a list of properties available in Park Hill-- and/or a Community Report-- sign up today at FindingTheHome.com. All the Best, Kathryn
0 votes
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