About John Rebchook

john_smallJohn Rebchook is a former Rocky Mountain News reporter with more than 30 years of experience in writing and communications... (Read More)

Sign up for our Newsletter!

First Name:
Last Name:
Email:

Categories

Downtown homes less than $400,000

Becky Sable, assistant to Dee Chirafisi, the top residential broker in Denver last year and the co-owner of Kentwood City Properties, just sent me an online flyer of eight lofts and condos in downtown.

The units are priced from $299,000 to $389,000, dispelling the notion that downtown living is just for the rich. These units are priced right for many first-time buyers. I could also see people who own homes in the mountains snapping them up so they will have a permanent place to stay when catching a Rocky’s game or a show at the Denver Center for the Performing Arts. And at these prices,  I could see these units generating interest from investors who are bullish on downtown. I generally think that owner-occupants are better for the fabric of downtown, but investors buying market-rate units downtown would send a strong signal that the economy is regaining its footing.

What also  struck me about these homes is their diversity. There’s a unit in the historic Denver Dry building at 1555 California St. on the market for $349,000, as well as units in new buildings in Riverfront.

1411 Wynkoop

1411 Wynkoop St.

But if you’re tastes and pocketbook run quite a bit richer, have no fear.  Dee has two listings on Delgany St., 1453 and 1457, for $2.175 million each. And if you really have a lot of money burning a hole in your pocket, and you don’t mind leaving downtown for your dream house, Dee has a place in Cherry Creek North that can be yours for a cool $6.9 million.

Related Posts:

Comments are closed.