More than 55-inches of snowfall graces the city every year. It is one of the snowiest places in the U.S. If you love snowfall and playing in the snow, Denver welcomes you with open arms. Winter sports are popular due to the elevated snow amounts. The Mile High Snowfest held in Larimer Square each year attracts thousands of people. Skiing and snowboarding are available in Winter Park, less than one hour from Denver. Sports fans cheer on the Broncos each season.
During warm seasons, Denver comes alive with outdoor activities. Walking and jogging on one of the many trails in Denver is a popular pastime for many. The Denver Aquarium, Botanic Gardens, and THe Science offer excitement for all ages. Sports fans can cheer on the Rockies at Coors Field and the Nuggets at the Pepsi Center. Many other professional sports teams have a presence in the city. Check out the city’s amazing selection of bars and nightclubs for adults-only fun.
1364 Listing Found in Denver, CO
Buying a Home in Denver
Homes in Denver have a median value of $306,100. Homes start in the $100,000 range but may need work at this price. Finding a home priced lower than $200,000 also proves difficult for many homebuyers. Denver has fewer foreclosed homes than outside the city. Increasing your budget may be necessary to find the right Denver home for your needs. Or, check out one of the nearby cities or towns for rent to own home options.
The demand for Denver homes has caused the rate of inflation.
experts predict that Denver home prices will only increase. Now is the time to buy a home in the city before they further increase.
Buying vs. Rent to Own Homes
A rent to own contract allows you to move into a home with the option to purchase in the future. This gives you time to save up for a down payment while still living in the home. The landlord maintains the home during the rental period and in Denver, helps many people become homeowners when they have a negative credit score. If you’re ready to buy a home yet have been facing limitations, this is a very good option to consider.
With rent to own real estate, getting approved for a mortgage is no longer important. You also lock in today’s housing prices. Since Denver home prices continually increase, locking in the price today saves potentially hundreds to thousands of dollars on the purchase price of your home in the Rocky Mountains.
When you start a rent to own contract, you’ll pay an option fee. This fee gives you the option to buy the home at the end of the lease. Each time you pay rent, you also pay a premium fee. The premium fee is applied to the down payment when you buy the home. If you do not purchase the home, the money stays in an escrow account.
The Spirit of Denver
Sitting between the High Plains Mountains and the Rocky Mountains, Denver has so much outdoor fun available for its residents, but there’s so much to explore even if you’re not a nature enthusiast. Denver has a great ice skating rink, tons of museums and art galleries, and endless bars and pubs.
Popular Neighborhoods in Denver
Downtown Denver has all the big-city living qualities that draw newcomers to it. A mixture of condos, lofts, and small homes fill the area. Living downtown minimizes the need for a car. LoDo is great for art enthusiasts and younger crowds.
Cherry Hills offers tree-lined streets and luxury homes. Castle Pines and Evergreen neighborhoods offer more affordable homes in the mountains out of the city.
Families enjoy Washington Park living. One of the best schools in Denver is zoned in this area. Washington Park, the neighborhood namesake, is popular with families for afternoon and weekend fun.
Highland is the place to be if you love culture. Copped from mostly Hispanic and Italian families, you’ll always find great food, great music, and tons of fun activities every day of the week. Who knows? You may learn how to speak a new language as a Highland resident.
Cost of Living in Denver
Denver’s cost of living is higher than the cost of living overall in Colorado. Housing accounts for the biggest expense for residents at 24% more than the national average.
Summary
Despite a higher than the national average cost of living, Denver is a great place to live. The thriving economy, immaculate scenery, and rich culture all bring newbies to Denver. You can always find the perfect place to call home in one of the great Denver neighborhoods.
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City of Denver, CO Demographic Information
- Population:915,735
- White Population:660,896
- Black Population:68,937
- Hispanic Population:249,836
- Asian Population:26,348
- Hawaiian Population:1,064
- Indian Population:11,360
- Other Population:115,239
- Male Population:458,997
- Female Population:456,738
- Avg House Value:$133,053
- Avg Household Income:$34,282