University Park — Homes for Sale

South of the historic Cory-Merrill neighborhood in Denver, the community of University Park has been newly renovated, with modern mansions being integrated into the scene of classic ranch houses. Between Colorado and University Blvd, this neighborhood sits close to plenty of activity within the city – with its own happy blend of sky-high trees and stretches of grassy patches, this neighborhood provides a wonderful walking path for residents or visitors.

Entertainment Venues in Proximity

The neighborhood sits directly across from its namesake – the University of Denver, a well-known school especially for those focused on law or business. Most residents find the main appeal of University Park real estate to be the proximity to local retailers, coffee shops, and other businesses scattered through the area, but also the ease of access to the rest of Denver via the light rail.

Alternative Education Options

The school system available to residents in University Park provides the standard public schools, but also is near Rocky Mountain Expeditionary School – an alternative approach to education. Another option for education is the Denver Academy for learning-disabled or gifted students – a private institution.

Premier Agents in Your Neighborhood

As the experts in University Park real estate, our team can guide you through the process of buying or selling you home as well as provide the most up to date and accurate insight to the current market. Sign up to receive our quarterly market trend reports on University Park and learn more about the value of your current or desired home. Contact Elevation Realty for the latest info – fill out the form to receive the most current information today.

View the Current Market Trends for University Park Homes

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Homes For Sale in the University Park Denver Neighborhood

 

The Truth About Observatory Park Mortgages


August 3, 2016

Preparing to buy an Observatory Park home? Many homebuyers rely on lenders to make their dream home become a reality, but the truth is, not many homebuyers know a lot about mortgages. Before you hit the real estate market to search for your new home, learn the facts about mortgages:

It’s important to shop around.
Some Observatory Park buyers make the mistake of choosing a lender right away instead of taking the time to shop around for the best deal. If you already have a checking or savings account open with a lender, that doesn’t mean you should automatically get a mortgage from them. But, if you do have a strong relationship with that lender, that could help you out in your negotiations. Plan on visiting at least three different lenders in the area to see what kind of deal they offer you before making your final decision.

There are always additional fees.
When seeking a mortgage to purchase a home in Observatory Park, don’t expect to just pay back the principal plus interest. Every mortgage will have some sort of additional fees tacked on, but the good news is that many of them are negotiable. Talk to each lender that you visit about how they can make the deal sweeter by reducing fees such as the loan origination fee, application fee, broker fee and underwriting fee. Most lenders have room to negotiate with these fees, so it doesn’t hurt to ask.

Speak to a lender first.

Many first time Observatory Park homebuyers mistakenly think that they should find their dream home first and then figure out the financing with a lender. However, the opposite is actually true. Before you even take a peek at the Observatory Park market, meet with lenders to get prequalified or preapproved for a mortgage. This requires that you give the lender your income information as well as insight into your current debt situation. After looking over a credit report and a few other items, the lender will be able to tell you about how much they’re willing to loan you. Use this number as a guide for determining what kind of Observatory Park homes you should be visiting.

You don’t have to have a large down payment.
Every lender has a minimum down payment that is required in order to receive funds, however they’re typically not too high. Depending on the type of mortgage you’re aiming to get for your Observatory Park home, you could be putting as little as 3.5% down! However, that doesn’t mean that you should always put the minimum. If you can afford to, try to pay more than just the minimum so you can avoid other fees. For example, some lenders will lower your interest rate with higher down payments and also charge you an additional fee if you put less than 20% down on a home. Learn more about down payments here.  

Ready to search for the Observatory Park home of your dreams? Contact Elevation Realty to be connected to a team of experienced real estate experts ready to help you on your home buying journey.
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University Park Denver Living: 5 Reasons to Make the Move


May 18, 2016

Ready to make your move? University Park Denver living may be the best place for you! Close to downtown Denver and walking distance to make places, it is a great community whether you are moving solo or with your family.
  1. Walk Score Stats: If you are looking for a place to bike around, University Park is your place. Based off the stats on Walk Score, the area has a bike score of 82, you can easily maneuver around the city and beyond on the comfort of two wheels (saving gas money!). While the walk score is not as high as the bike score, it is still a fairly walkable area. With a score of 65, it is the 24th most walkable neighborhood in Denver. Public transportation scored last in the area at 48—so the options are there, but may not be as convenient as walking or riding a bike.
  2. Safety: Denver in general is a very safe city to live in. For University Park in particular, the stats from the Denver government website, violent crimes are fairly low. Overall from January to March 26, only 13.6% of crimes were violent (there was one rape, four robberies, three aggravated assaults and no rape cases). Property crimes made up 86.4% of crime, with 13 burglaries, 13 larceny offenses, 17 car break-ins/thefts, 8 stolen cars and no cases of arson. The neighborhood is a square shape within the Interstate 25, Colorado Boulevard, Yale Avenue and University Boulevard. Areas that have four or more crimes reported tend to be on the outsides of the square.
  3. Fun Activities: One of the highlights of the University Park area in Denver is the Chamberlin Observatory. This historic place includes a 20-inch refracting telescope that dates back to the late 1890s! They hold events weekly and monthly for residents and visitors to learn and explore. It is also located close to the University of Denver, making it extremely close to coffee shops, movie theaters, restaurants and malls. Best of all, walking and biking is fairly easy. Some of Yelp’s top rated restaurants include Ali Baba Grill, Ginza Sushi Grill and Jason’s Thai Asian Bistro and Sushi.
  4. Great to Buy: The University Park neighborhood is amongst one of the most popular and sought after neighborhoods in the Denver area. Home values continue to increase, which is especially great for sellers of the area. Homes in the area have been selling in a variety of prices—anywhere from $330,000 to over $2 million.
Thinking about moving to the area? Elevation Realty can help! View University Park market trends to see the latest news about the area and let us help you find the home of your dreams. With agents Dave and Ryan always at your fingertips, you can rest assured to get a customer experience unlike any other you have had. Our goal is to provide you with the most reliable and up to date information to help you make the best decision for you, your family and your budget!  We are happy to do so and help answer any other questions when it comes to moving to a new neighborhood. Give us a call at 303-579-3566 to get started.
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Need Dinner Ideas? University Park Denver Top Rated Restaurants


May 4, 2016

Whether you are new to the University Park Denver area, or are a seasoned resident looking for a bite to eat for dinner, the area has plenty to offer. Check out these five highly rated restaurants based on reviewers in the area.
  1. The Garlic Knot: This New York pizza and pasta restaurant will hit the spot if you are looking for great Italian food. Guests enjoy their generations-old recipes that have been perfected. And the garlic knots? To die for. You know they have to be good when the restaurant is named after them. They have over 10 locations in the Denver area, so no matter what side of town you are, you are guaranteed to find a spot. Stop in for cheesy pizza or pasta, or place an online order for takeout.
  2. Ali Baba Grill: For some of the finest Lebanese and Persian cuisine, Ali Baba Grill is a great family-ran restaurant to visit. Customers love the excellent service and affordable prices. They have traditional Mediterranean décor for a genuine dining experience. Favorite menu items include Gyro Meat and Chicken Shawarma or a Falafel Plate. Prior to opening their two Colorado locations, one of the two owners spend 10 years working as a chef at a large Saudi Arabian restaurant—so you are guaranteed an authentic experience at either of their two locations.    
  3. Ginza Sushi Grill: For a premier sushi and Japanese cuisine experience, stop in at Ginza Sushi Grill. This restaurant prides themselves on bringing in the freshest fish in the city, as well as fresh ingredients. Plus, if there is something you are interested in that isn’t on the menu, you can share it with their chefs and they will try to create it for you. Hibachi dinners are also available for a great Japanese experience. You can drop in for a teriyaki, tempura, noodle, fried rice or hibachi dinner. Pop in or make it a takeout night with this restaurant. You get free delivery too if you live within three miles of their location.
  4. Yolanda’s Tacos: If you are looking for great Mexican food in University Park, Observatory Park, this restaurant has it! Locals enjoy the laid-back atmosphere and friendly service. Many describe the food as something unlike any other local restaurant.  Kick off your meal with chips and one of their seven fresh-made salsas, queso, or guacamole. They have such a diverse selection of tacos with sauce recipes that are over 300 years old. Stop in any of their three locations and taste for yourself.
  5. Fat Shack: Sometimes nothing beats a good late night burger. And with a slogan “late night done right,” this local hotspot is a must-try. Known to have some of the best burgers around, Fat Shack has a large selection of burgers, wings, sandwiches and desserts.  Open since 2010, this local hotspot has all essentials for your late night food needs at any of their several locations.
University Park in Denver is a great place to buy a home. With these and many more restaurants and activities, you will always have great new places to try. Ready to move to the area? Let our Elevation Realty experts help! Search our properties and reach out to us at 303-579-3566 to get started.
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Benefits of Moving to a Home in University Park in Denver


April 11, 2016

During your home search, University Park in Denver is a great community to buy in. When working with your realty company, this area has many pros for you and your family when considering a new place to move. Learn the history of University Park on the Denver Library’s website, and learn about why it is a great area for you to choose.
  1. Statistics:  There are almost 7500 residents in the University Park community with the average age being 44. It is a great place for families with great schools. In fact, the schools have a nine out of ten rating according to Great Schools. Plus, because of their wellness program, they are also known for being one of the healthiest schools.
  2. Location: University Park is in the square space of neighborhood in the middle of I-25 and Iliff Avenue and University and Colorado Boulevard. It is located very close to Observatory Park in Denver, only home prices in University Park are typically less. It is also close to Denver University’s campus. This neighborhood is also 10 to 15 minutes away from downtown Denver, which is great for those who love the city but would prefer to live in a suburban area with an urban feel. Also, because it is so close to the city, it is the perfect area for those who prefer a walkable area. It is also roughly 40 minutes away from the Denver International Airport.
  3. Types and Styles of Homes: Thanks to its historic roots, many of the homes in University Park are Victorian-style. Also, being close to a campus, you can find a wide variety of homes from small one-bedrooms to large multi-level single-family homes. This is also a great area for those who are looking to buy properties to rent.  Some residents are finding places to build in University Park in Denver, or are renovating older homes.
  4. Entertainment and Shopping: The area has quite a few popular restaurants that are walking or driving distance from The Garlic Knot and Ali Baba Grill to Jazzman’s Café and Ginza Sushi and Grill. There are a variety of restaurants so you can find the place that fits what sounds good to you. Plus, being close to a college campus, there are also several great dessert and coffee spots. Another great thing to check out in University Park is the Chamberlin Observatory. Drop in weekly or even monthly for events held by the Denver Astronomical Society. It was renovated in 2008 but still has the historic charm and feel for a fun and educational experience.
If you are ready to move to the University Park area, Elevation Realty can help. We provide our clients with the personalized attention they deserve. With us, you will have the most reliable and up-to-date information to help you make the best decision on where to move. Learn the latest University Park market trends and give us a call at 303-579-3566 to get started!
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Down to the Grit - Flooring Materials for University Park Real Estate


April 6, 2016

Everyone who is finally ready to buy a home wants their ideal home. Few people consider what kind of flooring they would like. It is possible to renovate a home, but if you could find a home with the ideal flooring, it could save you a ton of money in renovations. We want to help you find the perfect home for you and yours, down to the perfect flooring, if possible. We show you the best homes based on your requirements in the Colorado real estate market.

So what kind of flooring would you like? There are a number of benefits to tile flooring, but you have to know a little bit about tile before you commit to a home with tiled floors.The great thing about tile is that there are nearly limitless possibilities with it, depending on the type you choose.

Ceramic and porcelain tiling look beautiful and are easy to clean - plus they come in a huge variety of colors. Perhaps you already have your furniture picked out, and you want a color that will enhance the look of your rooms. You can have bright, vibrantly colored tiles that will complement white or black furniture, or you can have dark tiles that will enhance the colors of your decor. Dark tiles look chic and hide dirt a bit more, but if you want a beautiful color, you should go for it! Just remember that it is a lot of work to re-tile a floor, so choose one that you will continue to love for the long haul. When buying a home in Denver, make sure you decide before you move in if you love the tile as is, or if you will need different flooring installed.

There are other options besides ceramic or porcelain that you can find in your dream home. Some homes have natural stone floors which tend to be more unique and have a more rustic look. Natural stones last longer, but it is difficult to say how much longer. Other flooring options look beautiful and are rated on a durability scale, but natural stones, like marble, cannot be rated in the same way. If you choose a home with natural stone, one thing to consider is the texture of the stones themselves. Smooth stones can be extremely slippery when wet. Many homeowners do not want to take that risk, particularly if they have children, but equally as many think the look it gives the room is worth the potential of danger.

Glass and metal tile is another consideration you may not have come across. These can cover the entire floor for a shiny, striking look, or be used in conjunction with other flooring to make the more natural tiles pop. Again, slipping is a strong risk with these tiles, and you should think carefully about your space overall before committing to one of these floors. Still, they are beautiful, and may be just what you are looking for!

Most people don’t think twice about the grout in their floor, but as a new homeowner, you may want to. If the home in your floor is beautiful when you buy it, remember that grout is more likely to become dirty than the tiles themselves. It is beneficial to have colored grout that either matches or contrasts the tiles, but lightly colored grouts can really hold in dirt and stains and make your floors look dingy. If you think the grout of the home you want most could use a reboot, ask a design expert about your options to keep it looking great before you move all your furniture in.

Before moving in, ascertain the specific type of tile you now own, which your Denver real estate agent can relay, and check the durability scale. Read this article “What Is Wear Rating?” to help you make informed decisions regarding whether to keep or ditch the floor, and determine the safest furniture for you to use.

Check out our Market Trends for the neighborhood of your dreams, and let us know how we can help you find the best home for your needs today!
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