Urban living is starting to take a front seat as the preferred lifestyle choice in metropolitan areas across the country. According to an article in the Wall Street Journal, census data released in 2012 found that 27 of the nation’s 51 largest metropolitan areas saw an increased growth in urban areas when compared to their suburban counterparts. In fact, the Denver condo market followed the national trend of gaining popularity as the average condo in the Mile High City increased value by 29 percent in 2012.
But before you trade in the maintenance of a back yard, the various gadgets that pack your two SUV garage and the suburban traffic gridlock for a chic, urban downtown loft, it’s important to take into consideration the pros and cons of living in an upscale, urban condo in the Denver Metro area.
Pro: It’s Where the Action is
Downtown living provides a unique opportunity to be involved in the mix of all of the events Denver’s busy city hosts each year. When residing above the city, condo and loft residents have the unique option to enjoy all of the city’s festivities from the comfort of their balconies or from within the coziness of their large picture window overlooking the city. Instead of braving the cold in the winter or the hot temperatures in the summer to attend one of the many outdoor downtown events, you can take the city’s celebrations to new levels by hosting a celebration viewing party that personalizes the experience for both you and your guests from the comfort of your upscale, trendy loft or condo.
Con: Less Outdoor Space
Many think that living the condo lifestyle means giving up space, parks and outdoor activities. Denver’s extensive park and trail systems, however, offer numerous outdoor access and activities just steps from your condo’s door. The condos and lofts in the Riverfront and Platte Valley Neighborhoods, in particular, offers beautiful views of the Rocky Mountains and all of the amenities of urban living, while being surrounded by outdoor parks and river landscapes to satisfy Coloradoans’ thirst for outdoor activities.
Pro: Everything is within Walking Distance
Downtown living can make your work commute and social engagements a matter of walking blocks, not driving miles. If you work in any of the large or medium-sized companies that call the 16th Street Mall and nearby area their home, you have numerous condo and loft options within blocks of your employer. From the Downtown’s Writers Square, Ritz Carlton, Four Seasons, Spire and Blake Street lofts to LoDo’s Market Street, Wynkoop and Wazee loft options, you are within walking distance to many of the city’s biggest employers, various restaurants and best nightlife options in the city.
As you consider joining the Downtown Denver urban scene, it’s important to weigh the pros and cons of living among the Mile High City’s skyline. The experienced condo and loft agents at New Era Reality can help you determine which Denver loft or condo will fit your specific lifestyle.
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