A lesser-known Park Hill

An article from The Denver Post, reports that with homes built mostly in the 1940s and 1950s, home resale prices are falling in the unofficial Park Hill east neighborhood. According to Kathleen Clifford, a broker with Re/Max of Cherry Creek, the average price for a house in Park Hill's eastern bloc is about $176,000, far lower than much of the neighboring Park Hill areas. She said the first few months of 2008 have seen that average price drop to $145,000. "Because of the area's proximity to Stapleton, with all its amenities, the area is becoming more and more desirable," she said. Park Hill east typically offers modest brick homes and row-house types left over from the mid-20th century. A broker associate with HQ Homes in Denver, Christine Barton, says location makes the eastern section of Park Hill a plus for homebuyers. She added, "You can't go wrong buying that close to the city."
http://www.denverpost.com/business/ci_8979674

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