DENVER REAL ESTATE BLOG

I want to live in a high rise; what should I look for?

When you're looking for a new home, especially in downtown Denver, you have a lot of decisions to make. A common building type is a high rise condominium building, and there are many things you should keep in mind when you start the home shopping process.

Photo by @swallowhillmusic

We're very excited for Swallow Hill Music to bring back its summer concert series to Riverfront Park! Aside from Brett Dennen's opening concert on Saturday, June 15th, the lineup this year will be on Thursday evenings. Expect an amazing mix of indie, bluegrass, folk and soulful rock. All concerts start at 6 p.m. and end at 8:30 p.m. at Commons Park in Riverfront, 2101 15th St., and are picnic style with food trucks. Check out the Summer 2019 Lineup.  

With Memorial Day approaching, there are two things that excite us here in Denver. One, we can all start wearing white, and two, it's time for the pools to open. When my wife and I were looking for a condo to buy, one of our requirements was that the condo building had to have a pool. We looked at buildings all around Denver that had rooftop pools and here are some of the best.

What Factors Go Into Pricing a Condo?

Denver is still in the midst of a hot real estate market, and sellers continue to have the upper hand. In March of 2019, the average sold price of a condo in Denver was $360,875 (median $300,000). Condominiums are typically on the market for only 30 days. 

As a result, many homeowners in downtown Denver might be considering cashing out on the equity they have built up over the past couple of decades. For those of you who own a condo in a high rise, there are four key components you have to consider before putting your condo on the market.

There is no better location than Riverfront Park to participate in a full slate of free weekly fitness activities. Join up with your friends or meet new ones at these terrific sessions that stress fun, movement and improved health. Starting June 3rd and concluding September 1st, take advantage of these exceptional workouts that are guaranteed to get your day or evening going in a positive way. After your workout, check out some of the inspiring architecture and restaurants in the area.

Meditation: Tuesdays, 8:15 - 9 a.m.

Every Tuesday you can increase your perception, peace and well-being with a guided meditation session. In this day and age, it is important to completely unplug from the screens, cellphones and stress of the daily routine.

Photo Courtesy of the Coloradan Sales Team - Penthouse Rendering, 19th Floor Unit

The Coloradan at Union Station

Everyone has been talking about The Coloradan lately. If you have not heard, The Coloradan is new condominium project in the early stages of development. This will be one of the newest condo developments since the construction defects laws changed. The building will sit perched above Union Station in Denver and will have direct access to the train platform. This rail stop services Denver International Airport and the rest of the metro area. While the building is still under construction and only five stories are above ground, it is important to secure a unit sooner rather than later.

The Riverfront Park Denver Neighborhood has seen a lot of changes over the past couple months. Some might think that everything has not changed for the better. There have been some new neighbors that have come and some that have left. The park has become a lot more active, and a lot more people have been hitting the gym. Let's take a look at what's happening in Riverfront Park Denver.

With the recent commitment to withdraw from the Paris Climate Agreement by President Trump, there has been a lot of discussion of what this means for the United States and the World as a whole when it comes to Global Warming and Climate Change. The United States Green Building Council is staying committed to the LEED program, or Leadership in Energy and Environmental Design. I believe the continued efforts to keep our environment clean and healthy by private companies is what will prevail in the long run.

Whether you are buying a home or leasing an apartment, it can be important to know what LEED Certified really means.

Can you Become Wealthy Investing in Real Estate?

Some of the wealthiest individuals in the world have made their fortune from real estate. Think Arnold Schwarzenegger, Ray Kroc (McDonald's founder), and even Vanilla Ice. Real Estate is a tangible object that you can touch, wrap your arms around, and even live in! Shelter is one of the three basic needs every human being requires. A home will never go out of style.

As the real estate market begins to heat up in Denver, home buyers and sellers need to know what to expect in 2017. With the housing market inventory still at an all time low, and interest rates very attractive, there should be quite a bit of activity this year.