Nostalgic Homes Real Estate Newsletter Spring 2014

Page 4 NOSTALGIC HOMES REAL ESTATE Spring News 2014 Page 5 Killer City Views! Baker Beauty Luxury Living In LoHi Gorgeous In Grandview Located In The Heart Of The Historic & Desirable Baker Neighborhood! This Masterpiece Melds The Best Of The Historic Neighborhood With The Best Of The Contemporary Lifestyle Resulting In A Warm & Inviting Environment. Hardwood Floors. Open Floor Plan. Sleek & Chic Kitchen Cabinets With Quartz Countertops & Glass Tile Backsplash. You Are Invited To View This Property Prior To Finish! Located In LoHi Just Steps Away From Some Of The Best Urban Lifestyle Denver Has To Offe r! This Property Is Being Built Right Every Bedroom Can Be A Master Bedroom With It s Own Bathroom. Multiple Balconies, Decks & Outdoor Living Spaces. Come See For Yourself! New Custom 2-Story In A Quiet Upscale Walkable Neighborhood Just a Block From Rocky Mt. Park! Rare Urban Classic Architecture With Open Floor Plan & Contemporary Finishes Set On Huge Lot Make This A True Urban Jewel. Main Floor Master Could Also Be An Office. Light & Bright With Gorgeous Finishes Make This A Must See! Exposed Brick, Hardwood Floors, Fabulous Open Floating Staircase, Beautiful Sleek & Chic Kitchen With Quartz Countertops & Glass Tile Backsplash. Enjoy Incredible Skyline Views From The Master Bedroom, 2nd Floor Living Space, Balcony & Spiral Staircase Leading Up To Views From The Rooftop Deck. Perfect For Entertaining Your Guests. 4 Beds • 4 Baths • 3054 Finished Square Feet Offered At $539,000 4 Beds • 5 Baths • 3178 Finished Square Feet Offered At $835,000 5 Beds • 4 Baths • Approx. 3600 Finished Square Feet Coming Soon! 4 Beds • 3 Baths • 2515 Finished Square Feet Offered At $740,000 517 West 4th Avenue Glamorous City Living In The Heart Of LoHi Elegance & Passion For Detail Abound. Sparkling Chandeliers Contrast Beautifully Against Dark Stained Oak Floors. Tall Classic White Shaker-Style Cabinetry Fused With Granite Counters, Glass Subway Tile, And Stainless Steel Appliance Package Adorn Brand New Kitchen, Wide Open To Main Floor. New Powder Room On Main Floor. All New Main Floor Master Suite. Three Additional Well-Sized Bedrooms Upstairs With Glorious New Bath, Including New Slipper Tub. Low Maintenance Urban Back Yard. Step Out The Door To All You Love Root Down, Linger, Old Major, Jezebel s, LoHi Steakbar, Highland Tap & Burger, The List Goes On! 1851 West 35th Avenue 4 Beds • 3 Baths • 1938 Finished Square Feet Offered At $625,000 3424 Wyandot Street 3121 West 45th Avenue 3716 Quivas Street DENVER, NORTHWEST DENVER, WHEAT RIDGE ANALYTICS & STATISTICS By Corey Wadley~Broker/Owner, Nostalgic Homes Denver Overview: The 1st quarter (Q1) of 2014 saw an average sales price in Denver of $330,736, with Sellers receiving an average of 98.38% of their ask price. That figure is 5.5% above last year’s Q1 average of $313,634. Wheat Ridge has also seen huge gains year over year. From 2012 to 2013, it saw average prices rise 11.9% from an average of $222,240 to $248,843. From 2011 to 2012 also saw a strong gain of 9.6% from an average of $202,845 to $222,240. 2014 has shown us something far more striking. The average sales price in the City and County of Denver for March 2014 For Q1, 91 Wheat Ridge homes sold at an average of $268,545, and Sellers was $337,490, up 2.1% from January’s $330,591 and up 1.5% from March have received an average of 98.54% of their ask price. That represents a 2013’s $332,598. whopping 24.2% gain over last year’s Q1 stat of 103 homes sold at an average of $216,212. * There are currently 3,177 residential listings the City and County of Denver, of which 1,282 are available for sale with an average listing price of $571,351. These gains can be attributed to a continued rise in consumer confidence, The remaining 1,896 listings (or 60%) are currently under contract.* and continued historically low interest rates. Our government continues its slow transition out of the mortgage-backed securities business, and what we How are Northwest Denver and Wheat Ridge residential prices faring in anticipated would happen is happening; interest rates are slowly beginning comparison? to rise. Northwest Denver saw, like many Denver neighborhoods, an incredible spike in sold prices from 2012 to 2013. 14.8% to be exact. And that was If you are a Buyer entering the market, you will likely never see rates this after nearly an 11% gain from 2011 to 2012. The 1st quarter gains over low again in your lifetime! Don’t let this opportunity pass you by! last year, given that we are now years out of a recession, continue to be impressive. If you are a Seller, and been waiting for just the right time to list your home, the time is here and now! Where do you stand in value of your For Q1, 298 homes sold in Northwest Denver at an average of $371,703, home? Talk to a Nostalgic Homes Realtor now to find out! with Sellers receiving an average of 98.5% of their ask price. In the same quarter last year, 285 homes were sold at an average of $343,622. This Nostalgic Homes has been your neighborhood expert since 1985. number represents an 8.2% gain in the average sales price year over year. Call 303.455.5535 or www.NostalgicHomes.com *Source: Metrolist/Matrix

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