Homes For Sale in the Boulevard One Lowry Denver Neighborhood

The commercial real estate market in Denver continues to be a hot option for investors looking to maximize their return on investment. A thriving economy is a major factor in why Denver continues to be an attractive opportunity in the commercial sector, as there are a large percentage of young professionals willing to support the retail and hospitality sectors. If you’re considering making a move in the mile high city’s commercial real estate market, here are some key trends to be aware of in 2018.

Healthy Economy Boosts Real Estate Markets

While the overall US economy is doing well, the Denver economy is still seen as a strong local market to do business within. Fueled by solid fundamentals such as a steady population influx and stable job growth, the mile high city continues to be an attractive option for commercial real estate investors. Denver’s economy is supported by multiple industries as well as intangible and invaluable factors such as a high quality of life, as the Rocky Mountains provide a healthy boost for continued growth and expansion on the business front.

Although physical retail spaces remain a shaky part of the economy at large, this sector of the Denver economy remains mostly positive. There are plenty of multi-use, commercial retail construction projects on the horizon, and indicator that the city still has room to grow with regards to these types of projects. Additionally, according to CBRE, Denver’s industrial market is also poised for more growth in 2018, as solid market fundamentals and online demand provide fuel for continued expansion.

Continued Growth in the Mixed Use Property Sector

An important trend to be aware of in the Denver commercial real estate market is the continued prevalence of mixed use projects. These combine residential and commercial spaces within the same project, creating an authentic neighborhood experience while also allowing for high-rise residential projects to seamlessly provide a uniquely curated experience. 

Projects such as the Villas at Sloane’s Lake and the new south Broadway development near Mississippi ave are examples of what is possible when you combine commercial and residential real estate projects to create an attractive opportunity for tenants and investors. Expect to see similar projects sprout up around the city, as these popular developments provide a game-changer for those in the nearby vicinity. As RiNo has shown with its continued mixed-use developments, this particular type of real estate remains a formidable method to make a significant return on investment.

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.

No one can deny that it is a seller’s market when it comes to Denver and University Hills real estate, but that doesn’t mean your home will be in high demand once you list it. There are still things that buyers are looking for when they are looking for their dream home. Does your University Hills home have these coveted features?

Open Floor Plan

Open floor plans are one of the most popular features homebuyers are looking for in today’s real estate market. Not only do open floor plans make it easier for entertaining, but they also tend to let in more light. Older homes often have rooms blocked off with walls, so if you are considering updating your home before you list, knocking down walls might be something to think about.

Plenty of Storage

People love closets and storage space in homes, and the more yours has, the better. Often people are looking to buy a new home because they have grown out of their old home, so storage is crucial. Be sure your real estate agent plays up the amount of basement, attic, and closet space in your home to entice potential buyers.

The Right Number of Bedrooms

If your home has at least three bedrooms, you will appeal to the most number of buyers, according to real estate experts. Believe it or not, most buyers are not interested in homes with a huge amount of bedrooms; three seems to be the sweet spot for most people.

An Updated Kitchen

If you have an older home and an outdated kitchen, you might lose potential buyers. Buyers want the kitchen to be updated before they buy. Before you consider ripping out your entire kitchen, consider making smaller upgrades, such as new countertops and new appliances.

A Ranch Style

With a population that is aging, many homebuyers prefer one-floor living so they won’t have to deal with stairs as they enter old age.

At Least Two Bathrooms

Many older homes had just one bathroom, but new build trends are to have multiple bathrooms in homes—as many as three or four. This means most buyers are expecting to have at least two in any home they purchase. Having less could mean missing out on potential buyers.

An Outdoor Space

Buyers don’t just look at the inside space of a home when they are considering a purchase; they also look at the outdoor space. Even if your backyard is small, a sitting area can increase the appeal of your home.

Hardwood Floors

Design trends come and go, but hardwood floors stand the test of time and almost all buyers are looking for them. Hardwoods are beautiful and durable—and they can be refinished when they become worn.

Now that you know what buyers are looking for in a home, find out what they are not looking for in this article so you will know what to avoid: 12 Things Home Buyers Will Hate About Your House.
Are you ready to sell your home in University Hills? Contact Elevation Realty to be connected to a team of experienced real estate experts. We are ready to help you on your home buying or selling journey. Give us a call today!
 

Buying a home is a business transaction that is fraught with many emotions. You might have fallen in love with the home, but you still have to negotiate a price, set up an inspection, settle on timelines, and so forth. Having a good real estate agent on your side is crucial to help your Observatory Park real estate transaction go as smoothly as possible. 
Here are some other tips to keep in mind during the process.

Consider Your Offer Carefully

Many homebuyers want to go in with a “lowball” offer, but this doesn’t necessarily work in today’s competitive market. Plenty of homes in the Denver area end up with multiple offers, which can often drive the price above what the home is listed for. Here are some things to consider with your offer:

• The price of comparable properties
• The number of days the home has been on market
• The proposed length of escrow before the closing date
• Requests to the sellers to pay the closing costs
• The results of the inspection and whether repairs are needed to the home before closing
• Financing issues

Once you do find a house you like, it’s important to submit your offer quickly because competition for single-family homes is high. If you wait, someone else could swoop in and put the home under contract before you even have a chance.
Here are some additional tips from the professionals at Realtor.com on home buying in a competitive market: What Is a Seller’s Market? A Tough Road for Homebuyers.

Realize You Are in a Seller’s Market

When you present an offer in today’s market, there is a good chance there will be competing offers. It’s a good idea to submit your best offer right from the beginning. Be sure you have your financing in order so there is no reason for the seller’s to immediately reject your offer if they get one that is more solid. Keep in mind too that closing date, requests for closing costs, and other concessions can play a very powerful role in the seller’s decision to accept your offer over others.

Finalize the Real Estate Transaction

Once you are finally under contract for a home, it can be a huge relief. When you are working with a good real estate agent, he or she will help to keep you on task while you wait for the closing date because there is still plenty to do, much of which is time sensitive. You’ll need to finalize the details on the following:

• Financing
• Appraisal
• Inspections
• Property insurance
• Title search
• Closing procedures, including setting a closing date

Buying a home in today’s competitive real estate market can be a real challenge. There are a lot of factors to consider, deadlines that have to be met, and terms that have to be negotiated. Your buyer agent can help you stay on task and ensure you present a strong offer that results in an acceptance. 
Make sure your Observatory Park real estate transaction goes smoothly by having an experienced real estate agent by your side. Let Elevation Realty be your guide in managing those tasks. Contact us today.

Many individuals and families are flocking to the Lowry Denver neighborhood because of the high-quality homes and appealing attractions in the community. During the 20th century, the area harbored one of the most prominent Air Force bases in the country. However, in the 1990s the base closed and was converted into the large and gorgeous Lowry Field neighborhood. If you are searching for real estate in a top Denver neighborhood, you should learn more about the beneficial features and positive market trends of Lowry real estate.

1. Features:  Many features helped Lowry Field flourish in the recent years. The beautiful and spacious homes have established Lowry as one of the premier neighborhoods to own a home and raise a family. The community consists of large and modernized homes, a quiet and safe suburban environment, and numerous attractions that provide the neighborhood with a lively and energetic atmosphere. For instance, Lowry possesses many retail stores, restaurants, shopping malls, grocery stores, and entertainment facilities. The luxurious appearance of the community is also adorned with the many public art displays and historical buildings that are scattered throughout the area. Additionally, you and your family can glide around on the ice-skating rink during the winter and cool off in the swimming pools during the summer.
2. Location:  Being positioned in east Denver provides Lowry real estate with an optimal location.  The central location of the neighborhood is within a very close proximity to Downtown Denver, Capitol Hill, Downtown Aurora, and the Denver Tech Center. However, you do not need to travel far to enjoy the many parks within the community, including the Great Lawn Park and the Lowry Sports Complex Park. These superior parks offer picnic and grilling areas, hiking trails, athletic fields, playgrounds, and musical events. The Lowry residents also frequently brag about the impressive and attractive Lowry Town Center. The Town Center often entails large crowds of happy and excited residents socializing, relaxing, and enjoying the many restaurants and stores that accompany this dynamic area of the community.     
3. Real Estate Market:  The positive Lowry Field market trend is another benefit of owning property in the neighborhood. The superior quality of the homes and the exceptional features of the neighborhood enable the real estate property in Lowry to remain substantially higher than the property value in most other Denver neighborhoods. Although the average price for homes in Lowry is approximately $700,000, you can also find properties for around $300,000 or for over $1.5 million. The positive market trend of homes in Lowry is especially beneficial. From 2013 to 2014, the homes in Lowry appreciated in value more than homes in almost any other neighborhood in Denver, which established Lowry as one of the best areas to own a home or purchase commercial property. As a result, the market trends of the community indicate that the value of your property should perpetually amplify as the demand for homes in Lowry continue to increase.

Consult with Elevation Realty agents to help you explore the many premier homes that are available in Lowry. Our expert staff takes pride in providing comprehensive services to ensure that each client is satisfied. We can help guide you through every step of the process, show you the top residential and commercial properties in Lowry, and ensure that you find a spacious and beautiful home that is ideal for your budget and for your family.

Everyone knows that the first impression is the most important one, and the same goes for your home. When you’re trying to sell your home, don’t underestimate the value of staging. An investment in home staging helps sell your home faster and the best part is it doesn’t have to take a large amount of time and money. Below are five Lowry real estate staging tips to help you sell your home.

Improve Curb Appeal
Start by washing the walkways, siding, and windows. Next, don’t forget to weed and mow the lawn. And no matter what size it is, make sure your front porch is inviting by adding a new doormat and perhaps some potted plants. Planting additional flowers or greenery in your front yard is also a great way to boost its curb appeal.

Do a Thorough Cleaning
You want to make sure that your home is sparkling clean when showing. This should include deep cleaning tasks like steam cleaning the carpets, washing the walls and baseboards, scrubbing any grout, and basically making sure every corner of your home is spotless. Be sure to stay extra vigilant of any pet odors.

Remove Personal Items
Once your home is beautifully clean, your next step will be to depersonalize your home. Many people struggle with this step because they are emotionally attached to many of the personal items in their home, but if there are several photos of your family members and lots of personal memorabilia, buyers will have a hard time seeing themselves in the home.

Get Rid of Clutter
This might be the most important step you can take when staging. Take a good, hard look at your home and be ruthless about what needs to stay and what can be stored away while you’re showing the house. If you can live without it, it should go. Clean surfaces and organized storage spaces are very appealing to prospective buyers. But don’t go so far as to make your house feel sterile. Keep key elements around to make it feel lived in, such as fresh flowers, a bowl of produce, or throw blankets.

Create Good Lighting
Great lighting can be a huge selling point for your home. Maximize natural sunlight by making sure your windows are clean and opening or removing drapery. Another great trick is to switch out your current light bulbs for ones with higher wattage -- 100 watts per 50 square feet of space is ideal. And make sure you include more than one light source in every room by adding lamps or simple pendant lights wherever you can.

Carefully Placed Furniture
In addition to removing any unnecessary furniture, spend a bit of time getting creative and rearranging your furniture to maximize the space. Moving furniture away from walls and creating conversation spaces by grouping chairs and sofas together is a great way to add appeal to your home and make it feel more inviting.

Remember, when you’re selling your home it is important that you are always ready to show. The last thing you want is to have to do a mad dash to try to get your home ready for a buyer that would like a tour. If you’re ready to sell your home, contact us today and let us use our expertise to help you.