Creative new office space in Rhino!

Ground has been broken for a creative new office building that is to head a long-planned revitalization of the Brighton Boulevard corridor and River North neighborhood.

The office building is planned to house 120,000 square-foot Industry space and will host 350 to 400 professionals in a creative, collaborative community.

With support from the City of Denver Jason and Ellen Winkler, the co-founders of the vibrant Battery 621, secured a $1 million acquisition loan from the city to help buy the underutilized 1939 former produce depot on nine acres.

This renovation is just one part of the City’s big designs for Denver's industrial north end. Other transformations will include a realignment of Interstate 70, improving the South Platte River's ecosystem, new light rail stations, neighborhood revitalization, repositioning the National Western Stock Show as a year-round destination and shining up the tired Brighton Boulevard as a gateway to the city. The Denver Office of Economic Development identified the corridor as a "key strategic project" in its Jumpstart 2013 strategy, with a plan to provide loans to stir business development and employment along Brighton Boulevard.

"We think Brighton Boulevard is really shaping up to be a key development area for the city," said Paul Washington, director of the city's office of economic development.

"I think Jason and Ellen ... they are true visionaries in how they are redefining the workplace for the 21st century employee," Washington said.

Industry Denver, which has partnered with Denver developer Koelbel and Co., closed on the property last Tuesday and began interior renovations the next morning. After a brief renovation, Industry is scheduled to be open for tenants by February 2014. Future phases of development include 250 affordable and market-rate residential units. The building will host about 100,000 square feet of office space and three eateries in an open setting, with 26-foot ceilings and shared kitchens, lounges and conference spaces.

http://www.denverpost.com/breakingnews/ci_24260143/industry-denver-workspace-brighton-blvd-host-400-professionals

New Townhome Project in Golden Triangle! Coming Soon!

Ten 10 Brownstones, are sophisticated townhomes in the heart of the Golden Triangle. Seventeen brownstones, with a contemporary spin on design, are planned at the corner of 10th and Bannock St. Exterior materials will consist of floor to ceiling glass windows, sandstone, and brick which provides an exciting mix of warm and cool elements while also capturing the abundance of Colorado's predominantly sunny days. Each unit offers 3 beds/3.5 baths, 2 car attached garages, generous rooftop decks, private balconies, gas fireplaces, 10ft ceilings and sleek high-end finishes. Appointments include custom flat panel cabinets, Quartz type stone countertops, designer tile, European style glass shower doors, four piece designer baths, and open floor plans. Priced from mid-500’s and square footage ranges from 1895-1975 square feet. Construction is estimated to commence in February 2014 and completion is estimated for October 2014.

www.TEN10Brownstones.com

Boutique Hotel Opening in Union Station!

Named after preservationist Dana Crawford, The Crawford Hotel will bring a new exciting vibe to Union Station.

The hotel’s boutique design and luxurious accommodations were inspired by other high end Denver hotels, namely the Rtiz-Carlton, the Hotel Teatro and Hotel Monanco. The Crawford Hotel will boast 112 rooms in three different styles. On the second floor, guest will be transported back in time by staying in one of the "Pullman" rooms, modeled after the luxury private sleeping cars of old. The third floor, “Classic” rooms, will give visitors an experience of true indulgence with tall ceilings and large window. The former attic space, on the fourth floor, will be transformed into "loft" styled rooms, featuring exposed wood timbers, vaulted ceilings and a more contemporary design.

The hotel will also have 3,000 square feet of meeting space and an additional 22, 000 square feet of retail space below on the main floor. Scheduled to open July 11th, rates are estimated to start around $250.

The $50 million project will have its share of complications, including soundproofing, to keep guests from the nosy activity below in the great hall and the rail lines. Additional obstacles are expected as the City works to preserve and modernize a structure over 100 years old. The impressive design will have to conform to preservation standards while making the design relevant for modern times and future guests.

“The renovation seeks to re-create that sense of a grand public space not only meeting the needs of thousands of commuters passing through but being a destination in its own right”, Crawford said.

Read the full article at: http://www.denverpost.com/business/ci_24515079/crawford-hotel-will-put-flesh-old-bones-union?IADID=Search-www.denverpost.com-www.denverpost.com

University Park Row Homes are Going Fast!

After only 3 weeks on the market, almost 50% of the UNIVERSITY PARK ROW HOMES have been sold!

New buyers will get to experience the best of design and functionality. The open floor plans, oversized windows and vaulted ceilings emphasize the light and volume that flow through the space. Top of the line appliances, hardwood entries and Chroma stone slab countertops provide that feeling of ultimate luxury.

Owners will be able to appreciate the views while entertaining on their spacious private decks.

The charm and serenity of the Observatory Park neighborhood can be taken in during a quite stroll down the mature shade tree lined streets or by walking to the many shops and restaurants, just blocks away.

There are still units left but they won’t last long. Don’t miss out!

For More information visit: www.UniversityParkRow.com

Art Hotel Project in Denver

The Art, a new hotel project located at West 12th and Broadway, will astonish visitors with its combination of luxury hotel service and stunning art gallery. Hosting a collection of modern art, curated Dianne Vanderlip, the Denver Art Museum's former curator of modern and contemporary art, the grand entrance will display the collection in open showcases lining the portico styled entry way.

The project, costing $50 million, will feature 165 rooms and 50,000 square feet of office space. The hotel will serve as a keystone to Denver’s progressive cultural scene, while driving the City’s economy forward.

Architect Guadalupe Cantu of Davis Partnership Architects has ensured that The Art will be a will be a memorable experience for visitors.

To read more visit:http://www.denverpost.com/breakingnews/ci_24452590/ground-broken-art-hotel-project#ixzz2jzyqsWkG

Millennials Define the Real Estate Market!

Millennials, with the eldest members of this group being in their early 30’s, are driving a large part of the current housing market. After a long wait to get into the market, fighting a challenging economy, they definitely know what they want.

Buying within their means and staying in their homes for as long as possible is important to Millenials. They are all about building equity. This means that getting the most for their money is a high prority.

Updated amenities and modern features, including wiring for technology, are being prioritized over large living spaces and luxury finishes. Having a good understanding of the still struggling economy, Millenials are willing to sacrifice square footage for better quality, walkable neighborhoods and greener living.

Open concept floor plans, flexible living spaces and outdoor areas are taking precedence over the formal and traditional spaces of older homes. Millenials want spaces they can make their own and adjust to fit their more modern needs.

Affordability remains paramount when juggling student loans and a sluggish job market.

It’s important for Sellers to understand how making necessary repairs and updates to their homes can make them much more attractive to this new wave of home buyers.

Read more at http://realtytimes.com/consumeradvice/sellersadvice1/item/26400-20131017-millennials-seek-quality-htm

University Park Row Homes Featured on 9 News!

These amazing new townhomes were just featured on 9 News!

Designed and constructed by Sprocket Design-Build, the University Park Row Homes are located at 2170-2180 South Josephine Street, one block east of D.U. There are 12 townhomes ranging 1,331 - 1,354 square feet, and each townhome has 2 bedrooms, 2 baths, an outdoor deck off the master suite, and a 2 car attached garage with storage area. Prices start at $399,000.

These stylish living spaces emphasize light and volume with open floor plans, oversized windows, and vaulted ceilings. Each plan’s interior palette has been created by noted Denver interior design firm MCdesign, and feature hardwood entries, stainless steel Bosch Appliances, and Chroma stone slab countertops. Each row home also has a private deck ranging in size from 137- 186 square feet and are pre-wired for outdoor speakers and plumbed for water and BBQ gas grills, making them perfect for outdoor entertaining.

University Park Row Homes effortlessly mixes the charm of a college town, the convenience of a central location, and the serenity of a traditional neighborhood where lovely historic homes and mature shade trees line picturesque streets.

To see the 9 News feature click here: http://www.9news.com/news/article/361590/344/Real-estate-What-makes-DU-a-housing-hot-spot

Continued Growth for Colorado Neighborhoods!

Old office buildings and restaurants are getting second chances along the 38th corridor in Wheat Ridge. Enthusiastic start-up business owners, an influx of new residents, and city funding are breathing new life into this forgotten area. City planners started a revitalization plan in 2005, hoping to bring a new generation of residents to into their aging neighborhoods.

According to the Denver Post, more than 30 new businesses have located on the corridor, which stretches from Sheridan Boulevard on the east to just west of Wadsworth Boulevard. This influx is giving home buyers the urban amenities they crave in the more affordable suburban areas. People are looking for a refuge from increasingly expensive Denver but still want to be able to walk to places and have a drink or eat.

The overall focus of the area is shifting toward a community environment that is going to appeal to younger residents. "We need to create our own identity, and you need a reason for people to want to get here," said Steve Art, the city's economic development and urban renewal manager.

http://www.denverpost.com/business/ci_24243676/wheat-ridge-38th-avenue-corridor-change

Mix a “Session” of Art and Food at this Hot New Restaurant in Platt Park!

With an unassuming exterior and a shockingly bold interior the Session Kitchen, a new restaurant opening at 1518 S. Pearl Street, offers visitors indulgences for the eyes and the taste buds. While guests enjoy the wide range of sharable plates, including many vegetarian and gluten-free, they will be marveled by the 13 art installations filling the two-story building. The open spaces allow guest to be a part of everything that’s happening around the restaurant and creates a synergy throughout the space.

The Breckenridge Wynkoop Company enhances their theme of “sessions” by offering menus that can be served in sessions of one, two, three or four portion versions.

"Think about anything you love to do. If you love music then it's a jam session; if you love snowboarding then it’s a shred session," says Stefanie Jones who represents the restaurant. Not only is there something for everyone in the restaurant's aesthetic, but also on the menu.

Session opens to the public this Friday October 25.

For more information about the restaurant, see a full article at: http://denver.eater.com/archives/2013/10/21/where-art-meets-shared-plates-and-cocktails-a-session-kitchen-preview.php

Union Station’s Hip New Renovation!

Larimer Associates, the leasing and acquisitions company for Union Station, asked the public what they would like to see happen to this historic and landmark property. The public responded with an overwhelming desire to see Colorado-based businesses opened. They delivered!

Larimer Associates announced that The Kitchen Next Door, Snooze, an A.M. Eatery and a new restaurant and market concept by chef Alex Seidel will be the first major restaurant tenants at Union Station.

These three restaurants, scheduled to open in July 2014, will each feature large patios for outdoor seating, fresh products for their farm-to-table menus, and an energized collaborative spirit to enhance Denver’s food scene.

The restaurants, covering the gambit of morning, afternoon, and evening meals, will help transform Union Station into Denver’s next great dining destination.

The plan for Union Station also includes other locally owned restaurants, retail outlets and a 112 room luxury hotel.

Find out more about Union Station’s amazing transformation at:

http://insiderealestatenews.com/2013/05/22/snooze-and-2-other-local-restaurants-on-tap-for-union-station/

Denver, a Start-up Hub?

The end of Denver’s Startup Week clearly shows that Denver’s less than well know startup scene is on the rise. Learning from its neighbor, Denver is incorporating the most successful ideas from Boulder’s flourishing startup scene to grow their own. Denver also serves as a magnet for creative professionals who have an interest in bringing their bright ideas to the city.

Erik Mitisek, CEO Colorado Technology Association and organizer of Denver Startup Week, explains “The fusion of access to hospitality and tourism/travel industry, near top technology hub – is creating the perfect environment to build…startups.” Startups in the travel industry are seeing the most initial growth but as this environment continues to flourish and be nurtured by the City, Denver will draw more and more of the entrepreneurial energy.

The biggest hurdle for Denver’s startup growth is the lack of “big tech companies to anchor the scene,” says Mitisek. Cities with well know investors are what attracts more investors to support local companies. The startup community in Denver is still small and just getting started but with the full support of the City it will continue to grow.

For more information, visit: http://www.inc.com/welcome.html?destination=http://www.inc.com/jessica-stillman/denver-growing-startup-hub.html

New Development Projects in Cherry Creek!

Big development changes are coming to Cherry Creek! Over the next five years, six new development projects have either been started or announced. The developments will include a mix of office space, retail, and residences.

Projects currently under construction include 250 Columbine (office & retail), Filmore Residences (Apartments), and Adolf Coors Foundation Headquarters (office & retail).

Additional projects have been announced at 245 Columbine (mixed use), 100 Saint Paul Street (office & retail), and Steele Creek (Apartments).

Luxury living at its best! Modern architecture, loads of amenities, and spectacular views from roof top decks provide an upscale experience. Cutting edge office spaces, high-end retail shops and lavish apartments will give residents and visitors the best the Cherry Creek area has to offer.

See more project details at http://dmcar.com/

Cash Deals on the Rise!

In 2013, especially through the months of June – August, the market has seen “all cash” deals rise to more than 40%. This increase, from 32% - 41%, is mostly attributed to sustained investors, rising interest rates and a tight inventory.

Rising interest rates are making it harder for buyers needing mortgages to get a loan; mixed with the low inventory, where in multiple offer situations cash offers win almost every time, it’s easy to see why cash deals are becoming more popular.

The growing number of foreclosure purchases at auctions, which are all-cash purchases, also contributes to the hike in cash deal percentages. Investors are feeling more comfortable entering back into the market place and selling properties they were sitting. This in turn is freeing up their cash flow to invest in other properties.

You can see more of Realty Trac’s report at http://www.inman.com/2013/09/26/cash-sales-share-of-total-purchases-skyrockets-by-nearly-a-third-in-2-months/

UNIVERSITY PARK ROW HOMES: An amazing new development between D.U. and Observatory Park

Designed and constructed by Sprocket Design-Build, the University Park Row Homes are located at 2170-2180 South Josephine Street, one block east of D.U. There are 12 townhomes ranging 1,331 - 1,354 square feet, and each townhome has 2 bedrooms, 2 baths, an outdoor deck off the master suite, and a 2 car attached garage with storage area. Prices start at $399,000.

These stylish living spaces emphasize light and volume with open floor plans, oversized windows, and vaulted ceilings. Each plan’s interior palette has been created by noted Denver interior design firm MCdesign, and feature hardwood entries, stainless steel Bosch Appliances, and Chroma stone slab countertops. Each row home also has a private deck ranging in size from 137- 186 square feet and are pre-wired for outdoor speakers and plumbed for water and BBQ gas grills, making them perfect for outdoor entertaining.

University Park Row Homes effortlessly mixes the charm of a college town, the convenience of a central location, and the serenity of a traditional neighborhood where lovely historic homes and mature shade trees line picturesque streets.

For more information visit: UniversityParkRow.com

Denver’s Revitalization of its Poorest Neighborhoods is in full swing.

Among the Mayor’s future plans for Denver, includes the revitalization and better connection to the city for some of Denver’s outlying and often forgotten neighborhoods. The city has created a plan for the Sun Valley neighborhood which will transform it into a Denver jewel.

Located on Denver's west side, the Sun Valley neighborhood sits near Sports Authority Field between Federal Boulevard and the South Platte River. Ninety percent of its 1,500 residents live in subsidized housing, where the median household income is only $8,000 a year. Denver’s west side will receive more attention with the expansion of the light rail’s West Rail Line. City planners, along with, the Denver Housing Authority, have spent more than a year creating the Decatur-Federal Station Area Plan, which focuses on the development of the area a half-mile around the station.

The goal is to encourage the current diversity of the neighborhood while reconnecting it with the rest of the city. The city will build a community that is bicycle and pedestrian friendly which draws businesses, as well as residents.

If you’re interested in learning more about this revitalization plan go to: http://www.denverpost.com/ci_23066719/city-plan-looks-revitalize-denvers-poorest-neighborhood

More New Development in LoHi!

Inside Real Estate News reports that the Denver-based development company Simpson Housing LLC has paid a record price for land at a key site in the trendy Lower Highland neighborhood.

The site located at 17th and Boulder streets will be renamed Studio17 LoHi. The property will include 138 structured underground parking space, 110 storage units and a rooftop deck with dramatic and panoramic views of downtown Denver’s skyline. The cost?? $15 million to construct.

For more information visit: http://insiderealestatenews.com/2013/08/11/simpson-pays-record-price-for-lohi-land/

Under Contract in 1 Day!

This amazing Town Home went under contract in one day! Located at 2026 S. Pennsylvania Street, in the heart of the beautiful Platt Park neighborhood, it is just blocks away from Olde South Pearl Street's Trendy Shops and Restaurants.

The property includes 3 bedrooms, 3 1/2 bathrooms and 1866 square feet with an additional 950 square feet of finished basement.

Listed at $615,000, this property has sleek Euro style cabinetry, chroma style slab counter tops, spacious master suite with a large walk-in closet and a second floor ensuite bedroom with a full bath a private balcony.

Want to see more of the property? Take the virtual tour at: www.2026southpennsylvania.com

Trader Joe's Opening Another Store in Denver!

The Denver Post announced that Trader Joe's “confirmed Monday that it plans to open a fourth store in the state and its second in Denver.” The new store, located at 7th Avenue and Logan Street, is scheduled to open in 2014. This unique neighborhood grocery store is fulfilling the dreams of many Denver residents that have been wondering when a Trader Joe’s would come to our city.

Trader Joe’s offers a unique buying experience to match its extensive offerings of domestic and imported foods and beverages. Releasing almost a dozen new items every week keeps Trader Joe’s inventory and stores fresh and adventurous.

Other store locations that are scheduled to open in 2014 include: 8th Ave/Colorado, Greenwood Village, and Boulder.

For more information, please visit: http://www.denverpost.com/breakingnews/ci_24052106/trader-joes-announces-4th-colorado-location

As home prices are rising and once anxious sellers are jumping back into the market, many are asking what they can do to help boost the sales price of their home.

Here are four of Alex Veiga’s, of AP Business Writer, top tips:

1. Consider the Buyers. What you personally feel might be a great addition to the home might not be the right fit for the neighborhood or potential buyers. Sellers should be cautious when making large additions or structural changes to their property. Adding large ticket items, such as a pool or garage, might take away from other features of the property that a greater number of buyers might be interested in.

2. Beware of “over improving”. Making improvements to the home, especially adding upgrades to the kitchen and bathrooms are essential; however, choosing overly high priced upgrades might not show a good return.

3. Cost vs. Value. The cost of your improvement weighed against its potential return is the most important consideration when making improvements to your home. Choose to update your roofing, windows, and flooring rather than new siding and major basement renovations.

4. Get Expert Advice. Real estate agents are here to help you get the most money for your home and ensure that you are getting the best rate of return for any improvements you might be interested in. A real estate agent can tell you what improvements will help you to get the best price for your home.

For additional information go to: abcnews.go.com/Business/wireStory/tips-weigh-best-resale-home-improvements-19974897

Thursday, August 22, 2013

The Benefits of Owning a Live/Work Space!

Properties, such as 566 Inca Street in Denver, show the many benefits of owning a live/work space. Small start-up companies and entrepreneurs can especially benefit from owning a space that can be used as both their home and office.

The top 3 reasons to own a Live/Work space:

1. Affordable office space. When starting a new business, adding another monthly mortgage or rent payment might not be in your budget. Owing a property that allows you to live and work in the space can save you from paying two separate rent checks along with saving you on the costs of gas, parking, and any other commuting fees that come from working outside of your home.

2. Being surrounded by other professionals. One of the most important things when staring a new business is networking. By living in an area like the one at 566 Inca Street, you will be surrounded by other businesses. This gives you an opportunity to meet and talk with other professionals in the area to get their insights and tips. Working with the other businesses also gives you the opportunity to share marketing costs and cross-promote.

3. Additional income. Even if you’re not ready to start your own business yet, owing a live/work space is an easy way to make a little extra income by renting it out to other business owners. Many business owners are looking to move into live/work spaces and if you are fortunate to own one, you can easily find renters to occupy the space.

Becoming an independent business owner and entrepreneur can be a very rewarding career and finding a place that suits your lifestyle and business, while helping you save money can be the opportunity you need to start that business.

For more benefits and information about live/work spaces, please see the article at: http://ohmyapt.apartmentratings.com/5-benefits-of-live-work-lofts.html

For more information on 566 Inca Street, please visit us at: http://www.lizrichardsrealestate.com/566_Inca_St.html

U.S Home Prices Continue to Rise!

Throughout Denver and the Nation, a more stable economy and increased job growth are helping home prices rise at a pace that hasn’t been seen since 1977. Though mortgage rates are increasing, they remain at historical lows, thus continuing to create a greater demand for housing. This demand, along with a low inventory of homes, is pushing prices up. A recent study by CoreLogic, a real estate data provider, showed that in June alone, home prices rose 10.5% from last year in Denver and 11.9% nation-wide. With homebuyers holding on to their homes in order to recoup some of their loses from the 2007/2008 crash, the new market promises them higher prices than have been seen in years.

For results from CoreLogic’s study please view the following articles: http://www.denverpost.com/breakingnews/ci_23805044/home-prices-denver-area-increase-10-5-percent

New Listing! 566 Inca Street, Denver, Co 80204

True live work space! Zones R-MU-30. Sleek modern design includes euro style cabinets, groovy light fixtures, vaulted ceilings, a balcony, and stainless steel appliances. This property offers a great opportunity to live and work in the Santa Fe Art District and just a short walking distance from South Broadway's vibrant shops and restaurants. 1 Bed - 1 1/2 Baths - 1200 Sq Ft. - $350,000 >

Online Dominance. How real estate brokers can become more relevant than Zillow and Trulia in the online marketplace?

Most real estate brokers know the pitfalls and shortcomings of sites like Zillow and Truila, but do consumers? More importantly, do they care? When consumers take to the internet to begin their home search or to just see what’s out there, they are looking for a few very important things and facts and accurate information aren’t always what they’re looking for.

The first thing most consumers are looking for is anonymity. Consumers want the freedom to search the internet for housing information, loan qualification guidelines, home improvement tips, and more without the onslaught of phone calls and emails following up or trying to gain their business. Online companies, like Zillow and Trulia, provide a free and hassle free environment for consumers to browse homes and collect the information they desire without having to commit to working with a professional. Many consumers that are gathering information aren’t quite ready to begin the home search or apply for loan, but may be 6 months to a year down the road. Consumers that are still in the pre-home searching phase want to have the freedom to see what’s out there on their own and are willing to settle for a semi-flawed search or slightly inaccurate information to do so. Having to contact a professional, either real estate or lender, creates a sense of commitment to most consumers that they just aren’t ready for.

Another important feature to the online seeker is the amount of information they can gather. Consumers want to be able to find all the information they feel is necessary to make the right decision in buying or selling their home. Three primary questions most consumers have when entering the real estate market are: Whether this is a good time to buy or sell a home? What homes are for sale in the area and price range they want? What is their home worth?

Successful internet sites, such as Zillow and Trulia, provide numerous pages of extensive information covering pertinent topics, including property details, pictures, tax data, area schools and information, crime activity, and transit information. Zillow sets itself apart by providing this information to the public, where other real estate sites only provide this information to brokers, forcing the consumer to interact.

The online marketplace has provided consumers with the ability to review, rate, and recommend different services and professionals, creating years of user-generated content that creates an in-depth perspective on a particular area or professional. Staying active in social networks and the blogging sphere allows brokers to create and share their own experience and expertise in particular neighborhoods and market conditions becoming more relevant to consumers.

Staying involved in the online marketplace and mobile environment helps to connect with the largest majority of consumers. Todd Carpenter’s article “Why online consumers love Zillow and Trulia more than you,” reports that 68% of home shoppers use mobile applications at the start and throughout their research. Also, 77% of respondents said they used mobile applications at home, demonstrating the power of the mobile marketplace and its virtual reach to consumers. Dominating this platform is essential to connecting with the new online customer.

Just being online and having an internet presence isn’t always enough. Engaging the consumer on multiple levels of their home search establishes a holistic real estate resource, ensuring the consumer’s needs are met from the start of their real estate life to the purchase of a home and beyond. Providing an open market place where consumers can estimate what their home is worth, search for a new home, manage their home financing, and make smart decisions on home improvements allow consumers to be connected to professionals and consumers in the areas they are interested in.

Brokers should create an unparalleled experience for their consumers where they can access the information they desire and when ready, can be connected to the professionals that will give them the best experience online and in person. In the end, the home search always requires face-to-face customer service, but staying relevant in the online marketplace will create a presence that captures those initial seekers.

Hidden Costs Associated with Homeownership

It seems that there are hundreds of blatant costs that come with buying a home. You have the obviously ones, like your mortgage, closing costs, moving costs, etc. And most smart homebuyers go into this whole process feeling prepared and ready for any curve balls that might be thrown at them. But even the savviest of homebuyers may not see some of the most common hidden costs associated with purchasing a home. Below are a few costs that you might not expect, but are a very real possibility.

One of the most common costs that take people off-guard is utility expenses. When you initially move into a place, you may have a general idea of how much it will cost to heat and cool the place. But if you purchase in the summer, the other three seasons might throw you for a loop, especially in Colorado. Some winters are unusually brutal and can cause people to run up a high heating bill, while others are mild and do not require a lot to keep warm. Have some reserve money set aside for utility bills until you are fully knowledgeable about how much it will cost to heat or cool your home year round.

When moving to a different state, city, or even neighborhood, the cost of living can fluctuate greatly. And we are not just talking about your mortgage payment. The cost of common things like groceries, gas, and restaurants can change from mile to mile. Be sure to do your homework and thoroughly examine the area you are thinking of moving to and prepare wisely. There is nothing like breaking your budget with a grocery bill higher than you ever expected.

And while we mentioned above that moving costs seem to be a no-brainer, there are even hidden costs associated with that that could destroy your budget. There is more to take into account than just hiring the movers and truck. Like with most things in life, the small fees can add up. Take into account the cost of fuel, charges for not being ready when the movers arrive, and the long distance drop-off fees. But also keep in mind the small charges that occur once you move in to the house of your dreams. Most people do not unpack their kitchen immediately, so there goes money for eating out until you’re settled, and then the large cost of the first grocery bill. If you didn’t bring hardware and cleaning supplies with you, those can add up quickly too!

There are a lot of costs that go into home buying, but if you are well informed and smart about it, you can help to eliminate some of those surprise, hidden costs and keep to your budget.

Denver Tops Top Ten Places to Move in US

There are hundreds of reasons why Denver is such a great city to live. Some may love it because of the 300+ days of sunshine and easy access to the great outdoors, while others may be fans of the growing art, music, and food scene. Whatever your reasons may be, you are not alone in your recognition of why this city is so great. In a recent article on HomeownersInsurance.com, Denver claims the spot as the top place to move in the United States.

This list compiles a variety of criteria to judge the ten cities that made the cut. This judgment was made up of five different factors: rent prices, home values, living costs, transportation, and amounts of activities, or fun. Each of the city’s criteria was given a number from 1-10 and the total was tallied. Denver reigned supreme.

Out of the possible ten, both transportation and living costs scored a perfect 10. Those who drive I-25 during rush hour may question this, but compared to Los Angeles or New York traffic (who scored a one and five respectively), we have it easy. Rent prices scored a four, home values scored a five, while fun rounded out the survey with six points. Denver’s total points came in at 35, higher than any other city in the United States. It beat out cities like Charlotte, North Carolina (a close second), Austin, San Diego, and Phoenix.

With the recent news rolling in as overly positive for Denver, those of us who already call it home can sit back and enjoy its rising popularity!

Loft Charm in the Historic Curtis Park Neighborhood

Many of Denver’s numerous neighborhoods have experienced drastic change and growth in the past few years. The area surrounding the namesake Curtis Park is no exception. One of Denver’s most historic areas, the Curtis Park neighborhood is seeing modern town homes, trendy restaurants, and chic renovations take over a vast number of the older houses. With these newer renovations, the classic and charming exteriors remain intact, but the interiors are revamped and modernized. That is exactly the case with our newest listing at 2524 Champa.

This building is located just minutes from downtown and is surrounded by shops and restaurants. The interior boasts an array of excellent details and popular finishes. An exposed brick wall carries throughout the entire space, portraying the typical loft style. The open floor plan connects a newly updated, designer kitchen with stainless steel appliances, a spacious dining room, and a comfortable living room with views out to Champa Street.

There are three bedrooms in this loft, all with big windows that allow in plenty of light. The two bathrooms offer beautiful upgrades and tasteful design. But arguably the best feature of this house is the private, rooftop deck. This deck offers great views of downtown, entertaining space, and a rare private outdoor area in the heart of the city.

As a whole, this unit is 1,334 square feet, but also includes an additional 207 square feet of private storage space and two deeded, off-street parking spaces. This loft is ideal for anyone looking for urban living, yet still like to maintain an air of privacy!

Top of the Line Home in Observatory Park

Who would have guessed that one of Denver’s oldest neighborhoods is actually one of the liveliest and most youthful? The Observatory Park area was originally founded in the late 1800s, but today, it houses more students and young adults than any other neighborhood around Denver. Our newest listing is located on a quiet, tree-lined street just steps from the best things the DU area has to offer, making it a rare gem in this real estate market!

Located at 2319 South Josephine Street in Observatory Park, this house is truly breathtaking. It was built in 2006 and has all of the gorgeous features of new construction. The front façade boasts a quintessential, contemporary style, with fully-grown trees and a beautifully kept front lawn. Entering through the front door allows access to the open floor plan, complete with wide plank hardwood floors, towering ceilings, and plenty of light.

The main floor houses a great room, dining room, a bedroom that can double as a study, and a fantastically updated kitchen, equipped with Kitchen Aid appliances, two ovens, a convection microwave, a butler pantry with bar service, and a wine fridge.

The outdoor area is ideal for entertaining, with a built-in grill, stamped concrete, a wood overhang, and mature, extensive landscaping, complete with a drip line and sprinkler system. Additional storage can be found in the garden shed on the north property line.

The upstairs consists of three bedrooms, including the master suite. The five-piece, master bathroom in complete with surround sound, two walk-in closets, a four-nozzle showerhead with steam capabilities, and dual sinks. Two other bedrooms in the house are en-suite, providing ample privacy to everything.

A fifth bedroom and bathroom are located in the finished basement, including space for a game room. This area is plumbed and ready for a wet bar, offers great storage options including a space under the storage, and has an additional unfinished area ideal for a workout zone or a wine cellar.

This house is finished and upgraded down to every detail! There is surround sound throughout the entire space, a three-car attached garage, including a shop powered by multiple 220 outlets. With its amazing location to the shops, restaurants, and bars located in the DU area, this house has it all!

LoHi Ranks as One of America’s Best “Hipster” Neighborhoods

Everyone knows that cultural and fashion styles fade out almost as quickly as they arrive. As soon as you jump on board with the newest fad, it loses momentum and becomes just a bump on the cultural timeline. But there is a current movement that shows strong signs of sticking around and has even transplanted itself into the physical elements of our world. We’re talking about the hipster movement and according to a recent Forbes Magazine list, we have our very own hipster concentration right here in Denver.

As defined by Urban Dictionary, hipsters are “a subculture of men and women typically in their 20’s and 30’s that value independent thinking, counter-culture, progressive politics, […] creativity, intelligence, and witty banter.” It is a lifestyle that is sweeping young people across the nation and garnering growing attention. So Forbes Magazine profiled the 20 Best Hipster Neighborhoods in America and LoHi came in at 17. This list is open to interpretation, much like the hipster ideals, but based on certain criteria like the number of coffee shops per capita, the proximity to farmer’s markets, and the number of locally owned bars and restaurants, LoHi clearly deserves a spot on the list.

With its growing popularity, constant redevelopment, and active lifestyle, LoHi is the place to be. Whether or not you agree with the hipster lifestyle, it is hard to argue with the vibrant, outgoing, and progressive atmosphere of this neighborhood. And ranked among some of America’s larger cities like San Francisco, Chicago, and New York, Denver is certainly making a name for itself, neighborhood by neighborhood.

Downtown Denver Earns Forbes Magazine’s Praises

For all of us that already call Denver home, we know what an amazing city it is. Each year, we get over 300 days of sunshine, access to world renowned ski resorts, four distinctive seasons, and up and coming neighborhoods that rival some of even the trendiest US cities. But Denver is a relatively small city and is easily overshadowed by some of the country’s larger metropolises: until now.

In a Forbes magazine article released in the end of March 2013, Denver tops the list as one of 15 US cities with an emerging downtown area. They took into account the 20-year, seven-mega project plan that is sweeping the downtown area, including the revitalization of the Union Station district. These mass-investment, mass-construction projects are sure to define Denver and its future success in the coming years.

According to Forbes and other journals, Denver has ranked 16th among America’s fastest growing cities, fifth among the best cities for business and careers, and seventh among US cities with the best economic index. It may seem like a lot of numbers, but it all comes down to very positive news for our city. It is an exciting time to live in Denver and the future holds even more promise for this Rocky Mountain mecca.

Three New B-Cycle Stations in Northwest Denver

If you have ever tried to get to or from the Highlands neighborhood by Denver B-Cycle, you probably discovered how difficult that is. Of the roughly 80 Denver bike rental stations throughout the city, there is only one located west of I-25, at the corner of 16th and Boulder in LoHi. And with this fast expanding and popular neighborhood, many people have called for more stations and easier access to bike rentals. Well, the wait is over. According to the North Denver Tribune, Denver B-Cycle has announced plans to build three more stations in Northwest Denver.

The eagerly awaited bike stations will be installed around early summer 2013: one in Jefferson Park at 23rd and Clay, one in Highlands at 32nd and Clay, and another one in West Highlands at 32nd and Julian. The addition of these three stations will open up the neighborhood and allow easier access to downtown. Students living in Highlands can enjoy these new stations and the addition of another station on the Auraria campus at 9th and Curtis.

The season for Denver B-Cycle officially kicked off on March 18th, but will not hit its stride until late spring, early summer when the little red bicycles will flood the streets of Denver. The growing popularity of this system has made Denver’s bike rentals the largest in the country and has even prompted city officials to start planning for a permanent bike lane on 15th Street. The benefits of becoming a B-Cycle member are numerous, from their easy, annual passes to avoiding the hassle of parking a car downtown, from their growing number of stations to their user-friendly smart phone app. The addition of stations in northwest Denver is a strong sign that those red bikes are here to stay!

Interested? Check out the Denver B-Cycle website for more information.

New Listing in LoHi!

It is no secret that LoHi is Denver’s upcoming neighborhood. With dozens of bars, restaurants, shops, and new, modern homes, people are flocking to this area for a trendy lifestyle. Our newest listing takes advantage of everything great LoHi has to offer, including the spectacular views of Downtown Denver and modern living.

Located on the quiet Quivas Street, this modern and chic town home is part of the Rue Q town home project, built by the renowned Sprocket Design/Build. Completed in 2008, these homes offer modern amenities and stylish finishes that are fitting to LoHi’s trendy vibe. Our unit, number 3244, is on the end of the row, allowing unblocked views of the Denver skyline and the unrestrained privacy an end unit has to offer.

Unlike the other town homes in this project, one enters 3244 via a private gate and yard, secluded from its neighbors. This front yard area is ideal for those looking for a bit more space in this urban setting. The interior showcases gorgeous hardwoods throughout the main living area, with new carpeting in the bedrooms and travertine tile in the study and entryway. The 1,710 square feet houses three separate bedrooms, a study, a spacious living area, a modern kitchen, two private balconies, and a breathtaking, private rooftop deck.

If the above isn’t enough to sell you on this listing, the unit offers even more convenience. There is an attached, two-car garage, a gas hookup on the private, kitchen balcony, and a water hookup on the rooftop deck, the kitchen balcony, and the private yard. It is also just minutes away from some of LoHi’s highlights, including Linger, Little Man Ice Cream, LoHi Steakbar, and hundreds of others. But with the market as strong as it currently is and a property this unbelievable, this unit will not be on the marketing for long! Hurry and call us for a showing today!

Gorgeous Uptown Condo for Sale

Denver’s neighborhoods each offer a unique, vibrant, and inviting atmosphere, helping to make this city a great place to live in. While Downtown is known for the trendy Larimer Square and the chic LoDo, Uptown has numerous local hot spots and an unforgettable, close-knit vibe. Our newest listing is within walking distance to everything great Uptown has to offer.

Located in the Grant Park condo complex, Unit #427 is a real gem. Updated finishes and stylistic touches give this unit a modern living-in-the-city ambiance. It has two bedrooms, two renovated bathrooms, an open and flowing floor plan, and a private balcony with breathtaking views of the city. All of these elements are situated in 886 square feet on the fourth floor of a glamorous building.

To add to this condo’s convenience, there is an on site gym, two private parking spaces, available storage, and community meeting areas, all within the building. The 16th Street Mall is just blocks away, allowing anyone to get around the city in minutes, and a local Safeway grocery store provides the amenities any homeowner would need. Delicious restaurants and engaging bars make this location perfect for any city-dweller!

For more information and photos, please visit: 1975 Grant Street, #427. Call us today to set up a showing of this fabulous unit!

New Grocery Store to Open in Downtown

If downtown lacks anything, it is convenient access to a grocery store. Other than crossing a major freeway or leaving downtown proper, there are no options for a large-scale grocery store. But all of that is about to change as a Denver Business Journal article has announced that a new King Soopers is confirmed for the block at 20th and Chestnut, in the updated Union Station district.

The store will have an urban-format and take up the ground floor of a new residential building by the Nichols Partnership, Inc. But this is no small project. The store is slated to cover the almost the entire block between 19th and 20th Streets, and Wewatta to Chestnut, covering approximately 42,000 square feet and costing upwards of $82 million.

A grocery store was chosen to fill this spot because of the residential boom in the Central Platte Valley, Riverfront Park, and the anticipated buildings in the Union Station district. An expected 5,000 new apartments will be built in the next two years, including the 312 Class A residences above the new King Soopers. This project will fulfill a dire need for the amenities a grocery store can provide.

With the addition of the King Soopers to this area, it is pretty clear that this part of downtown is booming. Once the Union Station project is completed, many anticipate that this neighborhood will rival Larimer Square and Cherry Creek as Denver’s new “hot spot”. Unfortunately, we’ll have to wait until 2014 to enjoy it!