Finding a Denver Home
The Denver home market is thriving
Photo Courtesy of Solterra
Encompassing seven counties across approximately 4,500 square miles, the metro Denver area is home to a distinctive mix of cities, towns and unincorporated communities. Newcomers are excited to discover the variety of home styles and the diverse neighborhoods in the metro Denver area.
The entire metro Denver area benefits from the beauty of the Rocky Mountains, the recreational activities that naturally accompany that beautiful scenery and the sanctuary that being so near to nature brings to those who live in the region. Because of its abundance of natural beauty, in fact, your next home in metro Denver can be more than just a great place to live; it can also be an outstanding investment.
Consider that the metro Denver median sales price of single-family homes was $224,900 in 2010, according to Metrolist – which is on par with metro areas of similar size and population. Homes here increase in value and can provide substantial return over time. Unique tax benefits also apply, and homeowners can deduct both mortgage interest and property taxes. Metro Denver’s cost of living is also lower than most major cities and is on par with the national average, compared with more than 300 urban areas.
Affordable and Available Housing
There are plenty of new housing options available in metro Denver, ranging from executive housing to entry-level homes. Housing costs have stabilized in recent years in metro Denver, and some of the best housing values of any major metropolitan area are offered right here.
Many communities, employers and organizations in metro Denver also provide programs ranging from down payment assistance to community advocacy programs to increase the availability of affordably priced homes. For example, the Home Ownership Transformation (HOT) Initiative provides counseling and access to low down-payment mortgages.
Remodeling in Denver
Many cities across the country are experiencing a shift in population growth to the urban core of metropolitan areas, and Denver is no exception. In fact, Denver has many available infill lots – those in a developed area that are vacant or available for reuse – including the Lowry and Stapleton communities near downtown Denver, and they have proven ripe for redevelopment.
Located near downtown Denver, Lowry is a former Air Force base and has since been successfully developed into a community with residences, businesses, recreation and educational facilities. Stapleton, the former site of the Stapleton Airport, has also undergone a transformation to a master-planned community.
In addition to these large redeveloped areas in central Denver, there are communities across the seven-county metro area that are also experiencing revitalization with homeowners taking advantage of all the amenities that an established development offers and rebuilding or remodeling their homes. Some of these communities include Cherry Hills, Hilltop, the area around the parkway systems of Denver, and in many other metro communities – especially older neighborhoods.
Denver Counties, Cities and Communities
The Denver area is made up of seven counties, including Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson. In the following section is a list of the area’s seven counties, as well the cities in each county. Because there are 58 cities in the metro Denver area, we’ve only listed those cities and towns with populations of more than 10,000.