Centennial, CO

Heritage Place is a neighborhood in Centennial CO, about one mile west of I-25 and Arapahoe Road. It was built in the mid-1970's. Residents of the neighborhood benefit from high quality Cherry Creek Schools, as well as a location that is convenient to shopping, restaurants and several great parks.

A recent review of the neighborhood real estate statistics follows.

Sold Properties (2/9/09-8/9/09):

• All of the properties sold during the past 6 months were tri-levels, with the exception of 1 ranch
• Average days on market was 57
• Average net price per square foot was $150
• Over the past six and twelve month periods, the average sales pace in the neighborhood has been 1.3 homes per month (absorption rate)
• Over past 3 months, the selling pace is 2 per month: Activity has picked up

Under Contract Properties (as of 8/9/09):

• There are 4 homes under contract right now (1 tri-level and 3 two-stories), one is a short sale. The asking prices for these properties range from $260,000-$389,000
• The average days on market for these 4 under contract properties was 92
  

Homes Currently on the Market (as of 8/9/09):

• There are three Heritage Place homes for sale currently, with prices ranging from $299,900-$399,950
• Average list price per square foot (currently active properties) = $131
  
• With 3 homes on the market now, there is a 1.5 month supply at the current absorption rate

For more information about community amenities and events, the Homeowner's Association website is a great source. If you are thinking about selling your Heritage Place home, we would be happy to chat with you and provide a no-obligation home valuation. You can reach us via email, phone, text or live chat!

Neighborhoods...let's get connected!

The City of Centennial is inviting all neighborhoods, homeowner associations and civic associations to register on the City's website. Each neighborhood is encouraged to list, at NO charge, it's meetings, locations and web address online. Once you register your neighborhood, you will receive the latest information about what is going on in the City of Centennial and a Neighborhood Resourse Guide. To register, go to the Living Section and click on Neighborhoods.

Its been a while since my last blog post. I wanted to take this opportunity to talk about a grass roots GREEN event that was I was very excited about. Two Knolls families in Centennial Colorado bought homes we had listed and shortly after moving in, installed solar systems. They decided to organize a home tour to show off their systems. I naturally volunteered to help sponsor and promote it because I am an EcoBroker and I have special training in GREEN issues in real estate.

Last Saturday, April 11th the Solar Home Tour began and both providers were present with representatives explaining their techniques and benefits. There was plenty of interest from the neighbors and a steady stream of traffic through each home. The two companies were Standard Renewable Energy and Simple Solar. Both have demonstration vehicles that they use for events like this.

I learned even more than I used to know about the rebates with Xcel Energy in Colorado, and the IRS tax credit. I also learned how systems are sized and how there can be web based feedback on a home's energy production and energy use. We also talked a lot about the cost of the systems, the payback period, the increase in a home's value due to the system, etc.

Special thanks to Chad and Heidi Coughlin; and Bill and Jennifer Ogden for opening their homes to their neighbors! This was a great way for me to show off my EcoBroker designation and help with a topic I really believe in. For more information don't hesitate to call or email. Also check out our website at www.bevgrothproperties.com

Todd Groth

720.203.9624

hotgroth@hotmail.com

THANK YOU GREENFIELD!

The Bibeau Group hosted the 2nd Annual Greenfield Food Drive Sunday, March 22nd, 2009. In just four hours, we were able to collect 481 pounds of food for Food Bank of the Rockies. That's 159 pounds more than last year!

Additionally, the event co-sponsors, The Bibeau Group and Oxford Mortgage, matched the community donations for a grand total of almost 1000 pounds of food.

We would like to extend our sincere thanks and congratulations to the entire Greenfield community. This wonderful, caring neighborhood just made a huge difference in the lives of many Colorado families in need.

We can't wait to see how we do at the 3nd Annual Food Drive next year!

Take your family and enjoy many of the upcoming summer events that the City of Centennial has to offer!

Saturday, May 30, 2009 - Centennial Youth Battle of the Bands
1 p.m. to 8 p.m.
Best Buy at The Streets at Southglenn
Eight to Twelve bands will compete and a winnerwill be selected by popular vote and a judges vote as well.

Saturday, June 6, 2009 - Spring Fling Centennial
10 a.m. to 4 p.m.
deKoevend Park
6315 S University Boulevard
Designed as a hands-on interactive festval for children of all ages. Enjoy lots of children's activities, entertainment, stage show, balloon sculptors, caricarture artists, game zone with life size games, face painters, play pavillion and more! Attendance near 5,000 expected.

Friday to Saturday, June 12-13th, 2009 - Relay for Life - American Cancer Society
6 p.m. (Friday) to 8 a.m. (Saturday)
Arapahoe High School
2201 East Dry Creek Road
Each year, across the nation one event brings entire communities together for the Relay For Life, and to take part in the fight for cancer..

Friday, July 10, 2009 - Night at the Movies Centennial
6:30 p.m. - 10 p.m.
Trails Recreation Center
16799 East Lake Avenue
Enjoy a movie out under the stars. Don't forget to bring your blanket and a picnic dinner.

Friday, July 17, 2009 - Night at the Movies Centennial
6:30p.m. - 10 p.m.
Commons Park at The Streets at SouthGlenn East Arapahoe Road and South University Boulevard

Saturday, August 8, 2009 - Celebrate Centennial Under the Stars
6 p.m. to 10 p.m.
Centennial Medical Plaza 14200 East Arapahoe Road
A family event that includes free health screenings, interactive fitness demonstrations, vendors, activities, entertainment and a twilight movie ending with a spectaculat fireworks show.