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Wonderful Park Hill Bungalow!!
3 Bedroom / 2 Bathroom / 2136 Finished Square Feet
$389,000
Wonderful move-in ready bungalow!! Located on a great block in popular Park Hill, this home boasts beautiful original woodwork, hardwood floors, a flowing living/dining floor plan, and updated kitchen and bathrooms. The backyard is large (6250 Sq Ft) and perfect for entertaining. The two car garage has excellent storage space, and a lovely stone path leading to it. The home has central AC, a new hot water heater, newer water line from city to house, newer roof, double pane windows, crown molding, sprinkler system, and so much more! The finished basement is equipped with a family room, office and storage space, great laundry area, and a bedroom (basement… bedroom is non-conforming). The bungalow’s master bedroom has a rare en suite master bathroom. Enjoy a summer evening on the front porch swing, and cozy up by one of two wood burning fireplaces during the winter. Don’t miss this one, this is the home for you!
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In The News…
It’s safe to sell your home again -
By Lisa Gibbs @Money April 19, 2012: 2:24 PM ET
(CNN/Money Magazine) — Given everything they knew about the lackluster housing market, Meghann and Cort Battles didn’t expect much when they listed their four-bedroom home in Centennial, a Denver suburb, for sale in January. So they were taken aback by the onslaught of interest.
Read full story…
http://money.cnn.com/2012/04/19/real_estate/housing-market.moneymag/index.htm?iid=HP_River
Inside Real Estate News – John Rebchook
Case-Shiller: Denver in Positive Territory
The Denver-area housing market is in positive territory for the first time in a year and a half, according to the closely watched Case-Shiller index released today. Although the overall Denver-area housing market was up only 0.2 percent in January from January 2011, it is an important milestone, according to local real estate experts
Inside Real Estate News – John Rebchook
Lowry is about to grow by 80 acres and 800 residential units. The Lowry Redevelopment Authority board has approved an Economic Development Conveyance for the Buckley Annex property, bordered by Monaco Parkway, First Avenue, Quebec and Bayaud streets. The Air Force is expected to transfer the deed in the next few weeks.
Metro Denver Home Sales On The Upswing
Denver Business Journal by Dennis Huspeni, Reporter
If February is any indication, 2012 is going to be a better year for home sales in metro Denver, according to a report released Monday based on Metrolist Inc. statistics.
The number of homes put under contract in February stood at 4,150, up 19 percent from the previous month and up 12 percent from the same month last year, according to the report by Gary Bauer, an independent Littleton broker and Metrolist analyst and board member.
“The momentum that started in January has continued,” Bauer said. “We’re seeing a small reduction in inventory that we hadn’t seen in the previous year. … The activity of under contract and sold homes was good for the month.”
February’s inventory of unsold homes was 10,086, down 3 percent from January and down a whopping 42 percent from February 2011’s 17,358.
As far as homes sold, there were 2,495 last month, which is up 1 percent from January and up 12 percent from the same month last year.
Bauer pointed to the 43 percent of homes sold being less than $200,000 and 62 percent of the condos being under $150,000.
“For any market to be sustainable, you need movement in the lower price ranges,” Bauer said. “We’ve got that movement. Those homeowners who sold are more than likely going to be moving up, and we’ll see a ripple in the next couple of months. We have a situation where there’s low inventory, and we’ve got buyers looking. There are multiple offers, and things are looking much better than they have for the last couple of years.”
The average price for all single-family units, homes and condos was $248,821, down slightly from January (1 percent), but up 2 percent from February 2011.
According to Jim Smith, from Golden Real Estate Inc., who also analyzes Metrolist Inc. data: “The inventory for Metrolist alone rose during [February] by over 500 listings, but buyers are putting listings under contract faster than they can be added, so the ‘active’ inventory for Metrolist actually dropped by about 400 listings.”