Downtown Denver Real Estate Guide for Homes, Condos, Townhomes, and Lofts
Living and owning real estate in downtown Denver can be an exhilarating experience. Whether you buy or rent, being a part of the vibrant lifestyle is certainly something you look forward to. The fact that the downtown Denver real estate market is holding strong while the rest of the country experiences a recession is a testament to the vision of its great leaders and residents. And with the nation’s largest transportation project underway, as well as the redevelopment of Union Station, there’s no better place to be.
Homes in downtown Denver
Homes in downtown Denver and the surrounding neighborhoods have some of the most beautiful properties in the country. Whether it’s a historic Victorian at Five Points or Baker, a Capital Hill Denver Square, a Washington Park Bungalow, or a stately mansion at the Denver Country Club, there’s something for everyone. Neighborhood zoning codes determine how large a new home can be built based on lot size and setbacks. With more children moving to the city, smaller versions of the unprotected bungalows are being scrapped for larger homes with modern conveniences.
Downtown Denver Condos
Downtown Denver condos, as well as other neighborhoods, are a convenient way to experience the city lifestyle without the added time of maintenance. Neighborhoods like Uptown, Golden Triangle and Ballpark are also seeing a rise in condominium development. With the high cost of land in these areas and zoning codes that allow for high density, more is sure to be on the horizon. Another downtown neighborhood called Arapahoe Square is poised to make a comeback with mixed use and high density. This area is bounded by 20t to Park Avenue and Tremont Place to Lawrence Street. This will be an area to look at in the future.
Townhomes in Downtown Denver
Townhomes in downtown Denver are one of the most popular new construction options. With the high price of land and the height requirements in certain neighborhoods, more of this product is being built. Neighborhoods like Riverfront, Highlands, Lower Highlands (LoHi), Cherry Creek, Curtis Park, Berkeley, and many others are seeing a surge in townhomes. Town Homes offer a great alternative to single-family homes in these neighborhoods where the cost of land would make a single-family home cost-prohibitive for most buyers.
Lofts in downtown Denver
Downtown Denver lofts are generally located in the lower part of downtown, which was once the warehouse district. With the completion of Coors Field in 1995, full gentrification of the surrounding blocks began with the conversion of old warehouses and office buildings to residential housing. A loft typically has exposed brick or concrete walls and exposed ductwork. The last of the historic buildings in all of downtown located at 15th and Wynkoop is currently being converted to office space with two lofts at the top of the building. Some builders took the term lofts to refer to exposed ductwork within new construction. However, this did not last long as the buyer looking for new construction usually wants a finished product. Lofts can be found on streets like Wynkoop, Wazee, Blake, Market, and a few others. A disadvantage of a true loft can sometimes be the lack of air conditioning and the ability to make changes to the interior due to brick or concrete walls.