Still-Solid Real Estate Bets In the Denver Market
The Washington Park homes in Denver are nestled between I-25 (to the south), Cherry Creek Drive /East Alameda (to the north), University Boulevard (at the east end), and Downing Street (at the west). Known as Wash Park, the area has always been a beloved respite for singles, marrieds, families, retirees, dog people, runners, and just plain folks who played their real estate cards right.
There's been a price hike in the Washington Park neighborhood from 2006 to 2007; about 9 percent, with houses along the park taking top dollar. Those streets are South Downing (map of Downing Street in Denver), Louisiana Avenue (map of Louisiana Ave in Denver), South Franklin (map of Franklin Street in Denver), and East Virginia Avenue (map of Virginia Ave in Denver). Off-Washington Park, the pricier streets are Corona (map of Corona Street in Denver) and Ogden (map of Ogden Street in Denver). And it's one of 14 Denver neighborhoods that 5280 Magazine tapped in its May, 2008 issue as a reliable buy in what has otherwise proven an unsettling market.
This desirable pocket of Denver is a great demonstration of the maxim: when considering real estate trends, drill down. A closeup view of the market is usually the more accurate one. National data is unhelpful to the individual buyer, especially in the Colorado, where certain Front Range neighborhoods are famous for bucking wider US trends. Use a microscope to examine the market, not a telescope.
You'll find more detailed information of Wash Park information and listings taken from the Denver MLS available at COhomefinder, where you'll also always find detailed Google Maps of the Washington Park area, and all the other cities and towns COhomefinder serves.