Archives for August 2013

Just Listed: Park Place #513

Park Place #513 is a great studio loft in the heart of the city.  This condo would be a great investment, second home or loft.  Polished concrete floors, granite counters, maple cabinetry, stainless appliances are just some of the beautiful finishes.  Perfect location at the base of the millennium bridge in Riverfront Park.  Walk to everything!  Furniture is negotiable.

 

Back on the market! Delgany #111 for $529,000

Urban Neighborhoods are Aging

In a recent article by the Wall Street Journal, it states that the baby boomer generation is starting to flock back to a more urban lifestyle.  “Hip urban neighborhoods are aging, as a growing chunk of adults in their 50s and 60s and older give up their longtime homes and head for trendy condos.”  The  baby boomers are tired of the big suburban homes and maintenance once the kids leave and are ready for a new adventure.  In my experience, I’ve seen two main demographics in downtown Denver, the young professionals and the empty nesters.  The prices of real estate are being driven up by this “gold rush” as the baby boomers typically have more money to put down on a residence than a young couple just starting out.  This trend is only expected to continue as the boomers age.  This is a fascinating article, click here to read it.

Riverfront Park July Sales Update

RESIDENCE                   SALES PRICE        SF             BEDS/BATHS        SOLD DATE       STATUS

Promenade Lofts #213     $275,000          949          1 BD / 1 BA              07/02/13             Individual

Glass House #1803           $555,000          1,234       2 BD / 2 BA             07/03/13             Individual

Park Place #515                 $425,000          1,195        1 BD / 2 BA             07/03/13             Individual

Glass House #1005           $379,000           927          1 BD / 1 BA             07/05/13             Individual

ONE Riverfront #506       $700,000          1,288       2 BD / 2 BA              07/10/13              Individual

Riverfront Tower #302    $1,165,000        2,484       2 BD / 3 BA           07/19/13              Individual

Creekside Lofts #310        $292,000          843           1 BD / 1 BA           07/26/13              Individual

Riverfront Tower #503    $292,000          834           1 BD / 1 BA           07/30/13              Individual

 

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