Don't Miss A Golden Opportunity To Purchase Washington Park Homes
You've heard it a million times before: location
, location, location. This is certainly true. Sometimes a neighborhood's name is everything in a home search, especially when it is desirable and historical. Every city has a few of these neighborhoods where its homeowners are happy to say they live there and their friends are envious of their address. Homebuyers are usually more than willing to pay extra to live in a community with impressive name recognition, a long history, unique homes, and desirable surroundings. In Denver, this neighborhood is Washington Park.
There is just something unique about Washington Park homes. I was reminded of this over the weekend as several beautiful Washington Park homes were showcased at the West Washington Park Home Tour. With construction dates spanning 125 years, the tour represented the area's history well. There were six Washington Park properties featured on the tour, including 627 S. Corona, which was built in 1873 for the park's founder, J.W. Smith. Another home on the tour was 615 S. Pearl St., which was built in 1891 for the Pastor of the then Reformed Presbyterian Church that still stands next door. There was also a newly constructed home at 629 S. Corona St., winner of the 2009 Denver Metro Builders C.A.R.E. Awards Infill Award. The home was just built last year.
The event was a great example of Washington Park homes - a little bit of old and a little bit of new, but all of them were stunning. If you visit the community, you will see the same thing. Washington Park homes come in a plethora of ages, sizes, and architectural styles.
Washington Park has lots to offer Denver homebuyers. The neighborhood is located just south of Downtown Denver, so its residents have an easy commute to its business and cultural centers. For recreational enthusiasts, the community surrounds lovely Washington Park that features a lake, a boathouse, and miles and miles of jogging trails.
Is there a downside to investing in the Washington Park community? Like in other prestigious neighborhoods, Washington Park homes are very expensive, compared to surrounding neighborhoods. You will pay a premium for living in a pretigious neighborhood with a solid history and a unique variety of homes. You must decide if the neighborhood is worth paying a premium for, or if you are happy with a larger house in another neighborhood.
Washington Park's history, charm, and beauty secures its spot as one of the most sought-after neighborhoods in the Denver metro area. It is one of those neighborhoods that will always be desirable to homebuyers, meaning that home values in the neighborhood will always be fairly stable, even through future real estate downturns. Washington Park homes are a solid investment for the future, so don't miss out on your opportunity to purchase one during a buyer's market with rock-bottom rates.
by: Kristen Schaefer
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