Denver CO Real Estate Blog

Denver Remains in the Top 4 Cities Nationwide for Home Resale Appreciation

Denver Appreciation

2017-06-28

According to the hottest S&P/Case-Shiller Home Prices Indices report, Metro Denver continues to be one of the top 4 leading U.S. markets for year-over-year home prices.

The region saw an increase in sales costs of 8.2 percent in April from last year, subsequent annual profits of 8.4 percent in March and 8.5 percent in February.

The 20-city typical gain in the year end in April has been 5.7 percent, along with the national average of 5.5 percent.

As for monthly resale increases, Denver saw a 1.3 percent gain in April relative to the previous month, not seasonally adjusted, the same for March. The 20 average monthly increase as well as the overally nationan-wide gain were 0.9 percent.

Denver's Case-Shiller housing price index in April climbed to an all-time record of 196.69. That usually means that local house resale prices soared 96.69 percent greater than they had been at the benchmark month of January 2000.

Nationally, average home-resale costs hit a record high for the 5th consecutive month the new report stated.

The Case-Shiller index is compiled by comparing matched-price pairs for thousands of single-family homes in each market. This report used numbers from metro Denver covering a 10-county area: Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties.

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10 Great Reasons to Live in Denver

There are dozens of great reasons to live in Denver. Possibly even hundreds. Maybe thousands. But instead of listing every single fantastic thing about this city, we’re going to provide you with a list of 10. Why? Because we don’t want to give away all of the amazing secrets about living here.

1. The weather is great.

Denver is in Colorado, and this state can get quite a bit of snow each year. But anyone who has lived in Denver for a year or longer knows that a snow storm and bitterly cold weather during the wintertime is usually followed by warmer weather and melting snow and ice within a couple of days. It’s not uncommon to experience pleasant and sunny days throughout the entire winter season. Summers can bring very warm temperatures, but with the low humidity in Denver, nights are cool and comfortable.

2. The Colorado mountains.

Whether you like to ski, hike, or bike, the mountains in Colorado are just a short drive away. Living in Denver provides you with the opportunity to reside in a major metropolitan area but to live close enough to the mountains so that you can easily get away from the hustle and bustle associated with city living.

3. The city, state, and national parks.

The City of Denver has many fantastic parks that are maintained by the Denver Parks and Recreation system. Also scattered throughout Colorado are several amazing state parks, national parks, and monuments such as Rocky Mountain National Park and Colorado National Monument.

4. The restaurants.

Denver is known as one of the greatest cities for upscale neighborhood restaurants and bars. Some of the most popular and well-known eateries include Root Down, Linger, Sushi Den, and The Cherry Cricket.

5. The cultural facilities.

If you are looking for a museum, theatrical performance, or other cultural attraction, Denver is the place to be. A few of the most notable attractions in Denver include the...

Tips to Save Energy and Add Value

When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.

1. Begin with a Right-Sized Home.

If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset. 

2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.

And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges. 

3. Install Efficient Lighting Such as Compact Fluorescent (CLF) or LED Bulbs in Every Fixture.

Lighting accounts for about 6 percent of an energy bill each year.

4. Get an Energy Audit and Have Tests Performed to Identify Ways of Improving Your Efficiency.

You can always upgrade your heating, ventilation, and air conditioning (HVAC) system as well as your thermal envelope, which includes insulation, windows, and doors  and the seals or weather stripping around them. Visit energy.gov/energytips for more tips.

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