Spotlight on 80218- In case you all didn't know, this is the Cheesman, Uptown, and Capitol Hill.
According to Trulia.com, a newly rediscovered website, there are 104 homes for sale in the $75,000 to $200,000 price range. These are mostly condominiums, ranging from 500-1000 square feet. I did see quite a few properties in the foreclosure process, which is a sign of the times. Buyers and Investors of Denver, bring hard money- unless you know someone in the banking industry.
Another facet of Trula.com was that they can actually crunch necessary statistics for you- by the week. This is truly a great tool, some great updates regarding growth and trends in the Capitol Hill, Cheesman (NO 'E'), and Uptown neighborhoods.
As far as homes for sale in the 80218 neighborhood, with no price range, there are close to 300 homes for sale in this area. In looking at the statistics, prices throughout the area have gone up and down over the last several months.
They have heavily fluctuated, which is indicative of our economic times- sometimes things are good, other times, the economy is bad. There is such a thing as stable growth, but stable growth cannot always sustain itself.
This means that as a real estate professional, you have to be frank and honest about your business and be able to speak about the bigger picture in buying real estate- buy right, and limit your speculation, and cater to the goals of your client. Money is a motivator, but if you do good business, good business will never let you down.
The next website that you really should use is Zillow.com. This site gives a great look at not only sold comparables, but also what is on the market. With enough information, a buyer or seller can make an informed decision about their home. By Zillow, there are about 276 recently sold homes (within the last 6 months) in the 80218 zip code.
Let's talk about Capitol Hill. Capitol Hill, once known for its residents Jack Kerouac and Allen Ginsberg, was cultivated as the location of Denver's 19th Century Elite.
It is one of Denver's more popular and densely populated areas, it is a great mix of urban culture and urban renewal. It is nearby Downtown Denver, and is the location of numerous historic mansions, namely the 'Unsinkable' Molly Brown House(known for her heroism on the Titanic, amongst other things).
Many people do not know that Mrs. Brown had a home located in the farmlands of Bear Creek. It was her summer home, built in 1897. It gave the Browns a much needed retreat from Denver society- which never truly accepted them. It is named the Avoca Lodge. The address is 2690 S Wadsworth Ave, in Denver. Worth a visit.
As for the site recommendation today, I highly recommend http://www.hauntedcolorado.net. If you like Denver history, check this one out. It has everything from the Brown Palace to the Molly Brown House, and everything 'haunted' in between. It isn't Halloween yet, but it is still valuable. Who knows. You might buy a haunted house.
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