Enjoy prosperous home values near Denverâs Santa Fe Arts District
If you’re interested in spending your evening in a gallery, silent auctions or shopping for a print, consider buying a home in Aurora for its access to Denver’s Santa Fe Arts District. Aurora, one of the city’s prominent communities, is a quick 20-minute drive from the district. The median home cost is an estimated $273,014, according to the city's website. This is a significant increase from the median price of $205,000 paid for all condos and new and resale houses for sale in Denver during January 2012, according to DataQuick, a real estate trend tracking firm.
Homebuyers may wish to purchase in this area not only for its key geographic area, but also for its increased property values. With a home appreciation rate of 8.9 percent, the community provides ample financial opportunity in well-off neighborhoods such as Cherry Hills.
A person can take advantage of the current status of the housing market by purchasing a property in an area they may not have been able to get into before the economic and housing market crisis that took place in 2008.