Spring is in the air meaning that the busy buying and selling season is heating up, especially in the Denver metro area. But, this year looks to bring similar real estate conditions where demand for new homes will be high, but supply will remain low for interested buyers in the downtown Denver and surrounding metro areas.
New Construction and Opportunities in the Metro Area
Recent statistics published in The Denver Post show that the residential building sector is trying to make up for the lack of potential houses on the market for interested buyers by significantly increasing new build projects within the Denver metro area. Numbers from McGraw Hill Construction show that 2013 construction starts were valued at $6.9 billion, which is an 11 percent increase from 2012 and a 146 percent increase from 2009. Multifamily and single-family housing are leading factors of the recovery and boom in Denver’s building industry.
Whether it’s building completely new neighborhoods or adding new developments into existing popular neighborhoods, dust is moving and new homes are popping up across the Denver metro area. Some of the most notable new construction projects currently underway include:
- North of the city, Anthem Highlands in Broomfield is adding new homes on a daily basis. With recent accolades for Best Master Planned Community from the National Association of Home Builders, Anthem Highlands is a highly sought-after place to live with high-end amenities for families and seniors, as well as mountain views and easy access to Boulder and Denver.
- West of the city, Wheat Ridge is jumping on the real estate band wagon that was ignited from the development of the West Highland area and is now traveling westward along 38th Avenue to Sheridan and Wadsworth. According to a recent Denver Post article, the Wheat Ridge area has 100 homes valued at approximately $40.6 million either under construction or breaking ground this spring. One project underway is the Perrins Row development at 38th and Depew, which features 26 new row homes. Also, plans are underway a few blocks northwest of Perrins Row for the development of 26 energy-efficient homes to break ground in April.
- South of the city, the Terrain Neighborhood in Castle Rock has been voted the 2013 Master-Planned Community of the Year by the Home Builder’s Association of Metro Denver. Mixing outdoor adventure and a small town community feel, Terrain features seven model home options from three award-winning builders.
- East of the city, Green and Bluff Lake Neighborhoods in Stapleton display some of the newest construction offerings in this highly popular residential development that appeals to families, singles and senior citizens alike. Offering a mix of urban amenities and outdoor open space recreation options, Stapleton is an award-winning neighborhood within Denver’s city limits.
New construction in Denver is booming as we kick off the busiest season in real estate across the city. If you’re ready to tap into the new construction boom that is sweeping all areas of the metro Denver area, call the real estate experts at New Era Group. They can help you find the best new home in the neighborhood of your choice, as well as help you sell your existing home if you are looking to move up into a brand new neighborhood.






First a little history...
As April begins, so do the sunnier and warmer days and with cabin fever set in deep, April is a good time to start getting out and finding that fresh, crisp, Colorado air we so long for during the early spring season. While you’ve skied all winter and gotten the crispiest air possible, by now, you’re probably sick of the cold and want to enjoy walks, jogs or biking. A great place to get started on your cabin fever decompression is the Chatfield Reservoir.
Craft beer is as Colorado as the Rocky Mountains, Ski Country USA and the Mile High City. While our mountains sweat Rocky Mountain spring water and brewers within Denver and the state pursue their passion for mixing special brews of hops and barley, Denverites are spoiled with various options and flavors when it comes to indulging in their favorite brews. To celebrate the lively and vibrant Colorado craft beer culture that our state is nationally recognized for, local Denver and statewide breweries will be celebrating Colorado Craft Beer Week from March 21-29.
Last year, the Craft Brewers Conference (CBC) was held in Washington D.C. They were expecting some 8,000 participants, but in the end, the number was closer to 10,000. Not all of the hoopla was directed at the conference alone. Many were just beer enthusiasts happy to ride along as breweries, pubs and restaurants featured craft beers in different ways. The event was a smash and it’s not expected to be any less of a party here in Colorado April 8-11 at the Colorado Convention Center with an expected crowd of 10,000 or more. In short, it’s an early Great American Beer Festival.
Although there’s still a little over a month left until Coors Field welcomes back fans to the
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Residents of the Mile High City will soon be flocking to restaurants in Downtown and its surrounding neighborhoods as the infamous Denver Restaurant Week kicks off this weekend. Celebrating a decade of offering diners special pricing at some of the city’s most popular restaurants, Denver Restaurant Week will run February 22-28.
Hans Mueller, a Colorado native and a School of Mines graduate, has found a way to give the oil company a profit where it did not exist before. Hans has found a way to turn greenhouse gases into money. In short, Hans is turning garbage into gold by clean means that could revolutionize how oil companies make a profit while meeting state emission-reduction requirements.