How Much House Can You Afford in Denver?

Denver has one of the most exciting markets in the nation today. In a city surrounded by ski resorts in the winter and great hiking or mountain biking in the summer, families and adventure seekers flock to this city to find the perfect area to live.

When deciding on where to start you search while buying Denver real estate, knowing which neighborhood is right for your needs, lifestyle and budget can be difficult. One of the best places to start is by considering the current Denver home prices and the types of neighborhoods that you can expect to live in when paying a certain price.

The following are three examples of Denver home prices that you can find in specific neighborhoods, as well as what you can expect when living in each one.

Homes in the $200,000 range

When looking for homes in the $200,000 price range, try starting in the Stapleton area. In this area, you can find a quaint home approximately 1,500 square feet. Many homes are older but have been remodeled for a nice historic, yet modern touch. Children can attend schools in the Denver Public School District or the Aurora Public School District. There are also options for charter or private schools in the area.

Getting around to local shops and restaurants is easy in the Stapleton neighborhood. Many places are within walking distance. For those that are not, there is a well-utilized public transportation system that makes it easy to get around too.

Homes in the $350,000 range

Located near a large hospital, medical offices and a variety of popular neighborhood bars and restaurants, City Park West is the perfect spot for buying Denver real estate in the $350,000 range. This area is well known for its variety of modern, single-family homes. Each home is approximately 1,500 – 1,700 square feet.

Children can attend school in the Denver Public School District, or at a variety of surrounding private schools. In the neighborhood, there are a large number of medical facilities, making this an ideal spot for any family with a professional in the medical field. Commercial buildings and neighborhood restaurants complete this neighborhood with everything a homeowner could want.

Homes in the $500,000 range

For families looking for Denver real estate in the $500,000 price range, the Washington Park neighborhood may be your best option. This district is over 100 years old and is home to one of the largest parks in Denver. Homes in the area are approximately 1,800 square feet and are located near some of Denver’s best natural beauty.

Families can send their children to the Denver Public School District or a variety of nearby private schools. Aside from natural beauty, families can enjoy other shopping and dining close by in this historic neighborhood.

Buying Denver real estate means finding the right home in your budget that you and your family will love for years to come. When you know what to expect from the neighborhoods based on Denver home prices, your search and budgeting becomes easier.

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