People, places, and things that make Denver great. Plus, here are the top tips from our native Denverites agents.
March 25, 2023
“Real Estate is a long-term play,” and other tips for being a buyer in Denver, Colorado in 2023
Our founders have spent the majority of their lives in Denver. They’ve seen the city transform from when they were in school to now, when their kids are in school. They’ve seen businesses close, parks open, and the influx of movers come to the city to reap the benefits of the beautiful outdoor spaces.
Starting a life in a new place– and even in a new home– is about knowing how your life can grow within the area. Knowing your new home is one thing: the value, the financial gain you can get from selling it, and how you can enjoy it to its maximum benefit when living there. But knowing the area, the neighborhood, how you can love pulling into your driveway every day knowing that you’re in a neighborhood, spot, and city that fills you with joy– that’s priceless.
So today, we’re diving into Denver, Colorado, real estate, including key spots, communities, and how to pick the best realtor for you.
People + places in Denver
It’s definitely no secret that a slew of families have been flocking to Denver the past few years, but 2020 really made lots of people reconsider their lifestyles and home base. We saw a net inbound intake of 52% new Denver-ites from January 2021 to January 2022. It’s no surprise that lots of people have reexamined their lifestyles in clogged cities, and wanted to see city life differently, surrounded by sweet suburbs and nature-centric living.
In 2021, Denver was ranked the 7th most outdoor recreational-friendly state in America, and the 5th most outdoor-friendly overall.
Now, let’s talk about places and communities. You can live in downtown Denver– a colorful, walkable, vibrant space with just enough action to make your city dreams come true, or in the Denver suburbs– upscale yet humble living for those who want close proximity to downtown without it being their backyard.
Artists: Anyone living in Denver likely knows about RiNo, the arts district of the city. You’ll find creative professionals and hobbyists here to develop or express their skills through classes, galleries, live music, and more.
Outdoorsmen + women: For outdoor enthusiasts, Cherry Creek State Park is a short 30-minute drive from downtown that many natives frequent for biking, boating, camping, and other outdoor activities.
Education + culture: For those who love filling up their weekends with education and inspiration, Denver has a huge slew of museums, including the Denver Art Museum, the Clyfford Still Museum, and the History Colorado Center.
The main neighborhoods in Denver we serve
Cherry Hills Village
A home-rule municipality, Cherry Hills Village is a mainly residential neighborhood with a tight-knit community and mostly luxury homes.
Greenwood Village
Also a home rule municipality, Greenwood Village’s luxury neighborhood has the beautiful Marjorie Perry Nature Preserve with a view of the Rocky Mountains as well as Westlands and Silo Park.
Cherry Creek
An adorable downtown that’s less crowded than traveling to Denver with the proximity of the big city if you want to take the trip. Here, you’ll have proximity to the Cherry Creek State Park and Cherry Creek North, a beautiful, walkable downtown with over 300 shopping locations.
Home prices in Denver
Home prices– we all want to know the best time to buy, right? As of February 2023, we’ve seen lots of nervous people who think that if they get into buying a house now, they’ll be in trouble. Yes, home prices in Denver are high right now, but what our team at Alpha believes is that if it’s a good time for you to buy and if you’ve planned your finances, we can make something work together. Our founders have a strong backbone in wealth management and investments, and believe that having an understanding of your finances will set your future up for success, no matter how “scary” the market may be.
Our top 3 tips for finding a Denver, Colorado Real Estate Agent
- Find one who’s local to the area.
Working with someone who knows how the area works outside of trends or events within the past few years will have a studied background of projections and what to expect for the area you’re looking at. History repeats itself, right? Take advantage of having a well-studied Denverite as your realtor (did you know that our entire team at Alpha grew up in Denver? 😉)
- Find one who’s involved in multiple parts of the community.
Living in Denver is one thing. Experiencing Denver is another. Having a real estate agent who explores what’s going on in Denver will help you see how you fit into the communities.
- Find one with a track record or with a highly-rated team.
There’s a reason why we see people asking for recommendations in local Facebook groups– knowing that other people have loved their experience will help you envision your success with your agent, too.
Homebuyer tips in 2023, straight from the Alpha founders!
Ty: “Real estate is a long-term play.”
Finding a home isn’t just about what you need now. It’s about projecting what’ll be best for your family’s needs for the future. Maybe a home doesn’t quite have the kitchen you're looking for, but the neighborhood is right near the local elementary school that your baby will be able to walk to in a few years when they get older. Perhaps you’ll need an extra bedroom if you want to expand your family, but you can budget to build one with the proper financing. Maybe the neighborhood isn’t your favorite, but in a few years, you can see turning this house into an investment property while buying one in an area you love.
Real estate takes some projection.
David: “Waiting to buy isn’t always the answer.”
We know– there’s always a lot of panic around the changing real estate market. But if you’re ready to buy, why hold yourself back from creating a life that you and your family are ready for? Remember: you can always refinance if you need, and when you’re working with agents who have a background in finances, like our team at Alpha, you’ll get coaching and guidance tailored to your family’s needs.