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Washington Park in November
Washington Park - or Wash Park, as the Denverites call it - is an active neighborhood and park in Denver. Below are photos from Washington Park a couple of days ago. It was over 70 degrees, unseasonably warm, but hey we take.
This fellow / girl was huge! Maybe stocking it up for the winter - on a french fry nevertheless LOL.
Search homes for sale in Wash Park
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. "Washington Park in Denver CO in November"
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Washington Park Denver Homes for Sale
Washington Park, or Wash Park neighborhood in Denver remains a popular and sought after area to buy or rent a home. As of Oct 10th, 2009 there are 41 homes for sale in Wash Park in Denver.
A hand-full of the homes are attached homes or row-houses. You can find homes there were built in 1890's to brand new houses that haven't quite been completed yet. From charming Tudors and Victorian houses to Mediterranean Style villas Washington park has variety of houses to appeal to your taste.
Washington Park is a popular area to find old houses completely renovated and re-done. Often the remodeled houses are put back on the market at a higher price. Perfect example of Fix and Flip investment.
Below is the break down of number of houses per price range currently
on the market.
| Price Range | # of Houses |
| under $300,000 | 2 |
| $300,000-$399,999 | 9 |
| $400,000 - $499,999 | 11 |
| $500,000 - $599,999 | 7 |
| $600,000 - $699,999 | 7 |
| $700,000 - $999,999 | 4 |
| $1,000,000 + | 8 |
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Hey Everyone,
As you may have noticed, we're new to ActiveRain. Everyone has been really nice so far, and we love the community. We just wanted to introduce you to a few of our social profiles around the internet so you can connect with us.
Can't wait to connect with all of you! Thanks!
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As I wrapped up the first six weeks of 2009, I decided to assess the current state of affairs in the Denver real estate market. The results brought a smile:
1. First time homebuyers continue to find tremendous value in the low home prices, low interest rates and the $8,000 tax credit. I'm currently advising several young professionals who are interested in building wealth through real estate investment.
2. Investors are competitive bidding on bank-owned properties that are priced below market value. One of my Denver real estate clients bid $112k on a house listed for $104k. Think he's crazy? He lost the first two houses to competitive bidding and was tired of not getting the structurally-solid homes that are almost ready-to-go. The appraisal came in today at $129k. He's going to invest about $20k in repairs (new windows, kitchen appliances, flooring, new light fixtures and new interior doors/doorknobs). And then he'll sell it for $170k. Not bad for a month's work.
3. There's a great deal of pent-up demand among move-up and down-size clients. They're watching the market with great interest, and they're ready to list and sell their properties as soon as we see indications of balance in the market.
4. Many Denver neighborhoods have strong home values. Sales in Highlands Ranch were down 48% in January, but the prices weren't down significantly. Wash Park and Potter Highland are doing exceptionally well, too.
5. The Metro Denver Economic Development Corporation issued its study, Toward a More Competitive Colorado, noting several positive factors about Colorado:
All-in-all, it appears that 2009 will be a great year to buy and sell real estate in the Denver area. I'm pleased that I have several clients whose short and long-term financial goals are well-served by the current economic conditions in the Denver real estate market.
I'm open for business. If you have questions about Denver real estate investments, call 800-515-0657. You can find me at www.Denver-HomesForSale.com.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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