Of all the places you could buy a home, Denver should be at the top of your list. US News & World Report ranked this midwest gem as the #2 place to live in the US for 2017. Denver is an exceptional city with a reasonable commute times and pleasant average temperatures. It’s also one of the most dog-friendly towns in the United States, coming in at #3, just after San Francisco and Las Vegas.
Denver consists of mostly middle-class to affluent families, with median annual salaries hovering close to $55,000. While Denver’s average home comes in at around $313,000, its per-capita income has kept pace, making it a better value than other cities its size. The median age throughout the city is 36 years.
Although at a higher elevation than much of the United States, Denver’s temperatures are pleasant most of the year. Between April and October, average highs stick between 60°F and 90°F with nighttime lows rarely dipping below freezing until November, according to US Climate Data. Historically, May is the wettest month of the year, accumulating approximately 2.25 inches of rain. Contrary to popular belief, Denver is not a snow-covered winter wonderland throughout the cold season. With an average annual snowfall of just 55 inches, Denver offers a good mix of winter white and summer sun. All of this great weather makes Denver a prime permanent place of residence for people with pets.
Denver’s dog scene
Denver is ripe with outdoor activities to keep both you and your pet happy and healthy. Areas such as Argentine Pass and Meyer’s Ranch are an easy drive from the city and boast miles of paw-friendly passes and wide open spaces to make for a memorable afternoon with your furry friend. For the more adventurous, Reynold’s Park in Conifer, which is a quick 40-minute drive down Highway 285 S, is a boulder-littered trail with numerous steep inclines. While it’s a strenuous trek, there are plenty of streams and picnic sites for you and your entire family to find respite on the way to Eagle’s View.
If hiking isn’t your thing, Denver has plenty of patios perfect for your pampered pooch. Black Shirt Brewing Company, a local brewery recently featured in the documentary Crafting A Nation, offers a huge selection of beers on tap both indoors and outside on the attached beer garden porch, where well-behaved tail-wagers are welcome. Another local favorite, City O’ City, also boasts an open outdoor patio for canines and their culinary-inclined caretakers. Here, hungry hounds might get to sample vegan, gluten-free waffles or the restaurant’s signature vegan burger made of a quinoa and pinto bean patty served with special sauce and locally-sourced cheddar on a Kaiser bun.
When you’re in the market for a new city, you can do more than window shop Denver. There are dozens of pets-friendly hotels, inns, and B & B’s around town, including Hotel Monaco, 1880s Carriage House, and The Brown Palace Hotel. You can find out more about these and other accommodating accommodations at BringFido.com. Always call before trusting a third-party site, as rules can change from publication time.
No matter your budget, lifestyle choices, or interests, Denver is a wonderful place to call home, especially if your family members behave on a leash. You can’t go wrong here since dog parks, diners, and dog-friendly day-long outings are never far.
For more information on Denver’s pet-friendly areas and establishments, visit the Mile High City’s travel and tourism site Denver.org.
Pros and Cons of For Sale by Owner: Weighing Your Options
Brought to you by HomeLight.
There’s no shortage of people that will tell you why you should buy in Denver right now. These reasons include:
- Denver is growing like crazy
- Owning is a good investment in general
- Interest rates are still low
- Rent is skyrocketing
Which are all true. But that doesn’t mean buying is the right decision for everyone, all the time.
There are still no homes for sale in Denver.
The Denver Metro Association of Realtors reports that February closed out with just 3,963 active listings – a 6% decrease over January and 3% lower than a year ago.
This means either a) sellers are waiting until the traditional Spring selling season so they can get even more for their homes, or b) people are scared to sell because that means most will have to turn around and be a buyer in this market.
We’re only 1 month into the new year, but I still like looking at the numbers to see how the local real estate market is reacting. Here are the meaningful stats from Highlands Ranch in January:
Highlands Ranch Real Estate – By The Numbers
- 88 Detached Single Family Homes sold
- Buyers paid an average of 99.1% of the list price
- Homes stayed on the market an average of 31 days
- In the $250-$350k segment, buyers paid 103% of list price and homes stayed on the market a mere 5 days
- Concessions were asked for/given on 18 sales, and averaged $2,000
1) Underestimate The Competition
The harsh reality right now is that in some areas in Denver, a low-ball offer won’t even get looked at (exception being cash). While the market has cooled a little as of late, we are still in a market where competition to own is fierce.
By many reports Denver is the hottest market in the country right now.
Many would be sellers in Highlands Ranch face the same concerns in this hot Denver market.
“If we sell at these elevated prices, we’ll just have to turn around and buy at the same high prices” or
“Yeah we can sell our home quick, but we won’t be able to find a house to buy”
Well, partly true but also not true. Allow me to explain.
Equity Colorado Real Estate
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