Finding the perfect condo in Denver can feel like hunting for treasure. The city's market is booming with options, but it might also seem a bit overwhelming. What makes Denver unique is its mix of bustling urban life and stunning natural beauty, offering a lifestyle that attracts many. Whether you want a cozy spot downtown or a peaceful view of the mountains, there's something for everyone.

So where do you start?

First, it’s smart to get a clear picture of what you’re looking for in a condo. Do you need easy access to schools or shops? How about a vibrant nightlife or quiet parks? Knowing what you want can help you focus your search and make the hunt less stressful.

Another big step is setting up your finances. Have a budget in mind so you know what you can afford. This means thinking about more than just the price tag. Consider association fees and possible mortgage rates to avoid surprises. With a plan in your pocket, finding the best condo in Denver becomes a fun adventure instead of a scary leap!

Understanding Denver's Condo Market in 2024

Denver's condo market is lively and full of opportunities. People love Denver for its vibrant neighborhoods and beautiful mountain views. The city's economy continues to grow, attracting more people to settle here. As a result, demand for condos has been on the rise, making it a seller's market. This means that prices are higher and competition among buyers is tough.

In 2024, the key is to act quickly when you find a condo you like. Homes may not stay on the market for long, so being prepared to make an offer can help you stand out. Keep in mind that market conditions can change, so staying informed about trends and pricing will give you an advantage. New condo developments may offer updated amenities and designs, which can be appealing to new buyers.

When exploring options, remember that location matters. Popular areas may be pricier but come with benefits like close-knit communities and easy access to entertainment or work. Other neighborhoods might be more affordable, with different vibes and access to parks or schools. Understanding these dynamics can guide your choices and help you find the perfect fit.

Essential Factors to Consider

1. Location Preferences and Neighborhood Vibes

Choosing the right neighborhood is important when buying a condo. Denver has a mix of communities, each with its own vibe. Some areas are bustling with stores, cafes, and nightlife. Others are quieter with parks and family-friendly spaces. Decide what matches your lifestyle best. Think about how close you'll be to work, school, or fun spots you like to visit.

2. Budget Setting and Financial Planning

It’s smart to set a budget early on. Know how much you can spend on a condo, including any extra expenses like HOA fees or taxes. Think about monthly costs and how they fit into your financial plans. Talking to a financial advisor can help you see the big picture and ensure you have a clear plan before diving in.

3. Condo Size and Amenities Needed

Consider how much space you need. Are you living alone or with family? Do you need a guest room or a home office? Think about the amenities that matter most to you. Some condos come with gyms, pools, or security features. Determine what lifestyle features will enhance your everyday life to make an informed choice.

Pro Tips for Efficient Search

1. Utilizing Online Platforms and Real Estate Apps

Using online tools can be a game-changer in your condo search. Websites and apps help you explore different homes and neighborhoods right from your home. You can set filters for your budget, desired number of bedrooms, or location. This makes finding a condo that fits your criteria much easier. Many platforms also alert you when new listings pop up, keeping you ahead in the game.

2. Networking with Local Realtors and Community Members

Connecting with the right local realtors can provide you an inside scoop on the market. Realtors know the latest properties and can provide guidance based on your preferences. They can alert you to hidden gems that might not yet be online. Besides realtors, talking to community members helps as well. Neighbors can share what it’s truly like to live in specific areas, offering insights you might not find elsewhere.

3. Attending Open Houses and Local Events

Visiting open houses gives a real feel of the space and neighborhood vibe. You’ll see features and layouts firsthand, making it easier to envision your life there. Don’t hesitate to ask questions about the property. Additionally, attending local events can connect you with current residents and give you a sense of the community's culture and lifestyle.

Avoiding Common Pitfalls

1. Scrutinizing Association Fees and Regulations

Before committing, review the condo association's fees and rules closely. Fees can vary widely, covering things like maintenance, amenities, or repairs. Look out for any restrictive rules that might affect your lifestyle, such as pet policies or rental limitations. Understanding these details helps avoid surprises and ensures the condo suits your lifestyle and budget.

2. Inspecting Structural and Maintenance Concerns

Pay close attention to the condo’s condition. Check for any maintenance issues or structural problems. Hiring a professional inspector can uncover hidden concerns. These insights help you make an informed decision and avoid expensive repairs later. Examine common areas, too, as their upkeep reflects on the property management’s effectiveness.

3. Assessing Future Resale Value and Market Trends

Think beyond immediate enjoyment. Consider the resale value of a condo. Look at market trends and whether the area is developing positively. An investment in a growing neighborhood can bring benefits if you decide to sell later. However, ensure the property aligns with both today's needs and future plans.

Score the Perfect Condo in Denver’s Hot Market

Finding the best condo in Denver involves time, research, and keen observation. Use the tools and tips discussed to navigate the bustling market. Make decisions based on what fits your lifestyle and budget perfectly. Remember, a condo is more than a home; it’s a community, an investment, and a step into your future.

Considering everything can seem challenging but also exciting. Embrace the journey, explore options, and don't hesitate to ask for professional advice. With careful planning and openness to possibilities, you can find a home that truly fits your needs and dreams.

If you're eager to start your condo property search in Denver, reach out to us here at the New Era Group. Our experts can guide you in finding a place that ticks all the right boxes. Let us help you find the perfect new home today!

Here’s What You Need to Know

The city welcomes a ton of new residents every year. Money Magazine called it the “Mecca for millennials,” a hub for startups and young entrepreneurs, with a supportive infrastructure for business growth.

Denver has become a “wear jeans to work” city with improved public transit and many restaurants and bars to accommodate going out after the office. So if you like a city that rapidly mixes the cutting edge with history, you’ll fit right in.

You’ll also fit in if you like to ski, hike, ski some more, hike a bit farther, and then take a break to kayak. Denver is all about the outdoors; after all, it does sit a mile up in the mountains. It’s got gorgeous scenery, the sun shines 300 days a year, there’s plenty of snow, and it’s full of parks and green spaces, even right in the city. Your dog will love it, especially since Colorado is a very dog-friendly place.

The art lover has plenty to do, with the world-class Red Rocks Amphitheatre nearby for music, museums, and the Denver Center for the Performing Arts. Its cultural scene is also home to a large, passionate craft brewing industry, with over 150 breweries and brewpubs. The University of Colorado Denver adds its own interest and liveliness. Then there’s the Broncos, Nuggets, Avs, and Rockies for your full dose of pro sports. If you’re moving to Denver you can rest assured that there is plenty to do and a variety of ways to fit in.

Where to Fit Your Furniture

That might be trickier these days than fitting in yourself. The housing market is hot, as the city booms and more and more people relocate to the Mile-High City. Even renters and landlords are using brokers in this demand-driven market. Rents and mortgages are not at New York or San Francisco levels, but they’re increasing, as is the cost of living. Manageable, but increasing.

Average apartment rent is just over $1,200 for a one-bedroom, but depending on the neighborhood rent could be much higher. Houses count their time on the market in days, not months. But if you’re patient and flexible, there are many delightful places to live in Denver, each with its own flavor.

Families flock to Highland, Cherry Creek, and Washington Park, the latter having one of the many beautiful green spaces that speckle Denver. A more historic area, Lower Downtown (LoDo) combines old stone with young, urban living and lots to do. Five Points shares that vibe, but for less money. If you’d like to double your rent, try Capitol Hill or the Golden Triangle District, lovely and near everything, probably well worth some people’s money. Uptown is gentrifying, so there’s an interesting mix of walkable old and new, and it’s currently quite hipster.

And if you do move into this friendly, welcoming city, the help of one of the top real estate agents in Denver could be invaluable. With expertise in the neighborhoods and the pace of the current market, your agent can help you find a Denver dwelling you love that’s perfect for you and your needs.

Feel free to contact us if you are looking for a loft, condo or home in the Denver area.

UPDATED for 2019:

Walkscore has just teamed up with RedFin to compile the:

10 most walkable neighborhoods in Denver

Spoiler-Alert: Top honors go to Capitol Hill, Downtown and Five Points as the most walkable!

The neighborhoods are numbered 1 through 10 here:

See the full list of 10 most walkable Denver neighborhoods here

It's all about Lifestyle

Our clients love their Downtown Denver condo, Downtown Denver loft, and Downtown Denver home lifestyle.  How do we know... we ask.

Of course many of our clients share their stories without us even asking.  Some enjoy walking to see a show at the many theaters in the Downtown Denver Theater District next to SPIRE and the Four Seasons.  Some enjoy walking to Coors Field for a Rockies game, Pepsi Center to watch the Nuggets or Avs, or Mile High Stadium for a Broncos Football game.  I'd say all of them have shared stories about how much the enjoy walking to the many great Downtown Denver restaurants, bistros, coffee houses, and pubs.

What's in common in all the stories we hear is something they can now walk to from the front door of their Downtown Denver condo or Downtown Denver loft. So we decided to take an moment to explore Downtown Denver's most walkable neighborhoods with the great information collected at walkscore.com. A walkscore is a score from 0 to 100 of how walkable your location is. The scores are broken into categories which are...

What do you get when you cross a loft and a Great Pyrenees? About 2 square feet left of usable floor space! I get it, Colorado is one of the most dog-friendly places in the world. We have dog parks, doggie day camps, mobile dog washing, and more varieties of organic treats anywhere, but for some owning a dog and living in a loft or condo downtown is quite prohibitive even if it is a teacup Chihuahua. So, what do you do when your kids, or you, want a pet but a dog just doesn’t work? You improvise.

Daddy, Can I Have a Dog? How about a Lizard?

Small reptiles can be fun, social, and actually have a fairly decent life span. In the beginning I was a bit reticent, but after a round of many other small pets they have become my favorites. I really like leopard geckos. They are relatively low maintenance and aren’t as “fragile” as chameleons and bearded dragons. In addition, if purchased when young, they get used to, and even seem to enjoy, being held. Plus watching them chase down live crickets for dinner keeps everyone occupied. Most lizards require both day and night heat lamps, but you don’t have to walk them during a snow storm.

Birds of a Feather…

Birds are active, take up a small amount of space and are extremely entertaining. As with any pets there is a large variety and you need to understand their requirements before committing. Small birds, parakeets, budgies, and even cockatiels, require less room and aren’t typically as noisy as the larger birds. Small parrots can be fun because they can mimic some noises and are happy to be held. Large birds like cockatoos and African greys are awesome, but they require a lot of attention and due to their really long-life span, are a serious commitment. Word of warning, birds can be a bit messy and you will need keep their cages clean, but when you’re in the wonderful world of winged friends, it’s worth it.

Did You Say Ssssnake?

Some people love snakes, others get queasy even thinking about it, but snakes can be amazing pets. Like lizards, they can become accustomed to being handled and seasoned snake owners even say they love being held. They require only small space and can be kept in their enclosure while you’re out. Most feed on small mice, generally purchased frozen, so keep this in mind if you’re squeamish. The good news is you can finally put that “Beware of Snake” sign on your door. 

Guinea Pigs, Hammsters, Gerbils and Even Rats

Rodents of some kind always seem popular for small children, but adults also find they can be great companions. They are relatively low maintenance, except for the cage cleaning, and can provide hours of entertainment. Guinea pigs, hamsters, mice, and gerbils are great for kids; however, they can bite especially if handled roughly or intermittently. Believe it or not, rats are fantastic pets if you can get over all the bad press. They are highly intelligent, can be taught to do tricks, and love company.  Be forewarned, as mostly nocturnal animals you want to make sure the hamster wheel is oiled before you go to bed.

There’s Always Cats

It is estimated there are over 94 million pet cats in America. Cats do well in large and small lofts, and even better when there is ample vertical space. They can climb have fun, and love people. However, they do need to be entertained, and while they are relatively low maintenance, they can be a mischievous lot, especially when bored. They are very social, so if you are going to be gone often you, it’s best to have a pair. That way when they don’t have anything to do, they’ll pick on each other, not destroy your trophy shelf. 

Be Brave, It’s Not Like They’re Wild Animals

Ok, maybe they are wild animals at times, but one of the best things about living in a downtown loft or condo, is exploring, trying new things, and breaking out of the mold. Sure, you could have a fish tank or turtle, and that would be fun too, but you have the opportunity to have an animal friend that your guests will never forget. Don’t forget to check with the HOA or landlord to make sure which pets are allowed. If you have questions about the pet policies at lofts around Denver, give us a call, we would be happy to help. So, head down to your local pet store and find that perfect new friend.

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Denver is known for the awesome warehouse lofts spread throughout one of the hottest metros in the nation. Here you’ll find everything you could want in urban living, such as spectacular mountain views, prime locations next to hot spots and transit, and updated spaces with modern conveniences and historic charm. While there are a lot of positives to the lofts and condos in downtown Denver, floor space is often pretty limited and space-saving items like Murphy beds are gaining popularity.

An invention born of necessity

The wall bed was originally created by William Murphy after he found himself with a lack of space in his 1918 apartment. He designed a bed that could be attached inside a closet and folded down when needed. Like most great ideas, the Murphy bed has continued to evolve and offers some amazing benefits to loft residents today. While the market for Murphy beds peaked in the 1920’s, they are starting to make a comeback with the increased interest in smaller spaces like studios and lofts.

The right Murphy bed for you

There are a few styles of Murphy beds available. The panel style folds down directly from the wall. There are not doors or closets to deal with and when put away it looks like the wall.

The traditional style is within a closet. You just open the doors and fold down the bed! There are also beds that serve dual purposes. When stored away, some Murphy beds reveal a couch or desk underneath that folds up under the bed when it's pulled down. These types can be attached to the wall or in some cases freestanding. The dual purpose beds work well for open loft spaces or studios that don't have a lot of square footage.

Nearly all Murphy beds lack headboards and footboards. In addition, they are more like platform beds in that the base is not a box spring, but either wire mesh or a wood frame. With today’s new mattress designs this isn’t an issue in most cases, but it's worth considering.

Pros and cons

As with all furniture, the Murphy bed has advantages and disadvantages. If space is an issue a Murphy bed is a great alternative to a normal bed or even a futon. With the availability of better mattresses, modular designs, and the ability to incorporate other design features, you can easily find a unit that makes the best use of the space. In addition, most are designed to be taken apart for moving, so if you ever do decide to move to that house in the suburbs you can take the bed with you and use it for the guest room.

Of course, convenience comes with a price. Some units, especially the most elaborate with additional features, carry a hefty price tag. In addition, there is some work involved to clean the area before you can fold the bed down at night. You also need to be careful of small children and pets when putting it up and down.

The final word

Obviously we are big fans of urban lofts. Whether new construction or unique warehouse renovations, Denver has some of the coolest lofts around. We also think Murphy beds can be really great fit for some people. If you are looking for a loft and have questions about space saving ideas give us a call. We would love to share our knowledge and take you around to show you some of the most amazing places in the metro.

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Denver’s amazing art scene is getting bigger and better. Meow Wolf has recently announced that they are building a huge four-story building to bring a whole new level of interactive art to Denver. The 90,000 square foot structure will include 60,000 square feet of exhibition space, a restaurant, bar, and other amenities. It's scheduled to open in 2020 at the intersection of I-25 and Colfax, just across the river from the Broncos Stadium and in a perfect location for art lovers.

The Pet-tential is Unlimited!

Having Meow Wolf come to Denver is truly a big deal. Cultural additions to downtown Denver are always a reason to rejoice, but Meow Wolf is something extra special. While the name invokes images of pet centered themes—and gives me an opportunity for puns—this collective of artists creates art exhibits beyond the imagination.

Meow Wolf first opened in Santa Fe in 2008 and has been taking the world by storm. The exhibits are interactive, immersive, and involve all aspects of the creative community. There are nearly 200 artists contributing in painting, photography, virtual reality, music, sculpture, and anything that can be seen, felt, or heard. The result is an experience in sight, sound, and wonder.

The exhibits are designed to be enjoyed by people of all ages and backgrounds. The goal is to tell a story and make the guests part of the experience. Their first permanent exhibit, House of Eternal Return, features secret passages, magical worlds, and a journey that entertains and enlightens children and adults. Check out this award-winning exhibit from the Santa Fe Meow Wolf.

Take this Oppawtunity to be One of the First Visitors

With any high-level art exhibit and construction, funding is always key—especially when you are creating such an amazing space. Groundbreaking is scheduled to begin this spring and the anticipated opening is in 2020. The great news is you can be one of the first people in when the doors open. Meow Wolf has made tickets available now for purchase. Not only will you be at the head of the line and have the opportunity to attend the Opening Night Gala, you will also be part of helping to create something amazing in Denver. Visit their site to get more information about Meow Wolf in Denver.

Okay, No More Bad Puns

Meow Wolf is an awesome addition to the Denver art scene and the city itself. As downtown continues to grow the opportunity to easily visit high quality venues is just another example of how our city continues to evolve. With the addition of so many residential units in the downtown area, the continued growth of entertainment, and the addition of new restaurants and clubs, downtown Denver is the place to be. If you are considering a Denver loft or condo please let us know. We would love to help. Now let’s get out and enjoy Denver; it’s the cat’s meow. Oops.

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Condos are going up all over Denver, and they can seem like a dream come true for urban dwellers who are ready to own but want to stay within walking distance of shops, restaurants, and other amenities of urban living. Like buying a single-family home, though, it’s important to carefully weigh the pros and cons of condo ownership before taking the plunge. These three things can help you decide whether owning a condo is right for you.

1. HOA fees and rules

Homeowners associations can make or break your experience when living in a condo, so it’s important to research the HOA for any condo you’re considering. You’ll want to check on the monthly fees, what those fees cover, and the rules the HOA regulates for the community.

HOA fees can get expensive, so make sure you’ve budgeted for this monthly expense before deciding to buy. On the plus side, those fees cover a lot of the maintenance and upkeep for your home. Be sure to read the fine print, though; some HOAs may not cover things like snow removal.

You’ll also want to read the rules governing your condo. They’ll cover things like what kinds of improvement projects you need to get HOA approval for, along with general community rules such as noise and pet restrictions. While the rules are designed to create a respectful community, it’s important to find a match for your own values.

2. Outdoor and shared spaces

On the one hand, when you’ve got a condo there’s no yard to mow. On the other hand, there’s no yard. For folks who like gardening or those who have kids or outdoor pets it can be difficult to give up the prospect of a backyard space.

Many of the new developments in Denver are working to increase outdoor spaces in their communities, though. Developers know just how much we Denverites love the outdoors! More and more new developments are including community gardens, pet areas, and play areas in addition to more common amenities like pools and fitness rooms.

3. Privacy and security

Many condo buildings have their own security systems and come with secure entry or even security staff, so it’ll save you the time and hassle of installing a security system of your own. However, it can also make it more difficult for guests to come see you. In some cases you may even need to go down to let in all guests yourself.

Condos are also much less private than single-family homes. You’re sharing a wall with neighbors, so noise issues can be a problem (although hopefully your HOA has rules governing noise). It’s also important to remember that the pools, gardens, and other amenities are all shared spaces. If privacy is important to you, you may want to consider a single-family home over a condo.

Are you ready to buy a condo?

Any time you buy a home, there are a lot of pros and cons to consider. Our experienced agents can help you navigate all the questions that come with buying property. Give us a call and we’ll help you get started on the path to home ownership today.

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Snow yesterday, warm today and all the snow is gone! This a familiar theme in Denver, and one that adds to the ambiance of Colorado. This may seem "old hat" to many of you who have always called Denver home, but to those of you who are considering moving here, recently arrived, or are on a fact-finding trip, this information may very well save your life, or at the very least, save you from a severe sunburn. Either way it is valuable information.

As Denver natives, we are quick to point out the weather changes nearly as often as a hockey players’ socks. With this said, it is crucial if you are new to the area or a lifelong resident, you are aware of these 3 important tips:

1. Always have Coats, Gloves, Boots, and Flip-Flops in the Car

Colorado winters can be the epitome of extremes. This year we experienced a record high of 81 degrees in November, followed by a day of cold and snow. You just never know what you’re going to get hour to hour. Find a weather forecaster you like and pay attention because the front range weather changes quickly, in the mountains and in the city. Too many people get themselves in danger because they head out on a beautiful sunny day in light weather clothing only to find themselves unprepared for a quick drop in temperature and snow. In the right circumstances this can become deadly. Understanding that you always need to be prepared for the worse will help you in any adverse weather conditions.

On the other hand, we are also privileged enough to have cold mornings turn into beautiful afternoons, where the sun keeps it warm and causes our down-filled parka to become a personal sauna. It is for this very reason it is always wise to keep a variety of clothing in the car, so you’re ready for a tromp thought the snow, or able to quickly change into those flip-flops for a quick round of winter Frisbee golf.

2. It Burns, it Burns!

There is nothing better than living in the Mile-High City, but you also need to realize that means, you’re roughly 5,280 feet closer to the sun. The sun is stronger at these altitudes and you can burn much easier. I realize that raccoon eyes where all the rage in the 80’s and even came with some street cred, but sunburns hurt, and whether you’re walking around the lake in Wash Park, or skiing down the slopes, sunscreen is extremely important.

While the sun does help to warm the days, the coolness of the air can make you think you’re not getting burned, and by the time you realize it, it’s too late. SPF ratings of over 30 should be used at all times when in the sun and physical blockers with zinc oxide and titanium dioxide are the best. This is especially important with children. Remember, the fight they put up to keep you from applying sunscreen is nothing compared to the hours you’ll spend consoling and cooling them after they experience their first CO sunburn. Sunscreen is your friend. And so it a good pair of sunglasses!

3. Chug, Chug, Chug

Of course, I’m talking about water. What newcomers to the area usually gloss over is every person, their brother, and their pet’s groomer telling them, “Drink lots of water!” While it seems redundant, it is one of the most overlooked things by visitors and new residents every winter, and it too can have some potentially dangerous effects. The air in Denver and higher altitudes has less humidity. In fact, sweat evaporates so quickly that many people don’t realize they’re becoming dehydrated. Not only can this lead to a hard day on the slopes, but can aggravate altitude sickness.

In addition, if you’re not drinking enough water your skin will be extremely dry and you’re amazing chapped lips will make you immediately identifiable as a new comer to the area. Wherever you go, bring a water bottle, drink even when you don’t want to, and keep filling it up. Trust me, it’s more than just a fashion statement.

Denver has the Best Winters in the World

Recent stats show that our city is growing at a phenomenal rate and we personally welcome each and every-one of you. Colorado is a fantastic place to live and there is nothing better than hearing the stories of people from the coasts, the mid-west and all over the world. Invariably the question arises, “So, what are the winters like here?” I usually answer, “The best in the world.” The big trick is always to be ready for whatever nature brings.

For more information about great things to do in Denver this winter follow us on Facebook here or give us a call at 303-991-9878

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