BUYER RESOURCES
OpenHaus
HELPING COLORADO FIND WHERE TO LIVE
THE HOME-BUYING PROCESS
Purchasing a home is most likely the largest investment you will make. We are here to help you every step of the way. Here’s what to expect…
A COLORADO BUYERS RESOURCE
Though a real estate transaction can be a complex journey loaded with unexpected bumps and turns, OpenHaus Brokers have over 17 years of Colorado market experience and will surely have a resolution at every turn. We know the market and will guide you down the best path and through any difficulties that may come up.
Interested in buying a home? We can provide home-buying tips, market trends and lifestyle insights.
Please reach out and let us know how we can help…
Thinking of Moving to Denver?
Here’s the Ultimate Guide to Denver Real Estate - From Condos to Single-Family Homes
Welcome to OpenHaus! We're thrilled you're considering making the vibrant city of Denver your home! Whether you're eyeing a trendy Denver condo in LoDo, a charming townhome in Denver's Highlands neighborhood, or a spacious single-family home in Denver's suburbs, navigating the Denver real estate market can be exciting, but also a little daunting. That's where OpenHaus, your best-in-class Denver real estate network, comes in.
We understand you have questions, and we have answers. We believe in providing you with all the information you need to have a 5-star experience before you even reach out. Below we've compiled a comprehensive guide to the most frequently asked questions about buying real estate in Denver and moving to this amazing city. Let OpenHaus be your trusted partner on this journey!
Your Denver Real Estate FAQs - Answered!
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Denver's cost of living is higher than the national average, primarily driven by housing costs. However, it's still more affordable than many other major cities. Costs for goods, services, and utilities are generally in line with national averages. We can help you find a home that aligns with your budget, whether it's a cozy condo in Denver, a practical townhome, or a family-friendly Denver single-family home.
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Denver is bursting with unique neighborhoods! Here are some popular choices with examples of pricing and sizes:
LoDo (Lower Downtown): Urban living, historic buildings, walkability, and close to Coors Field. Perfect for Denver condo living!
Pricing: Condos range from $400,000 for a smaller one-bedroom to over $2 million for luxury penthouses.
Size: Condos typically range from 600 to 2,500+ square feet.
Example: A 1-bedroom, 1-bath condo around 800 sq ft might list for $550,000, while a 2-bedroom, 2-bath, 1,500 sq ft penthouse could be over $1.5 million.
Highlands: Trendy boutiques, restaurants, and Victorian architecture. Great for finding a unique townhome in Denver.
Pricing: Townhomes from $600,000 to over $1.5 million, single-family homes from $800,000 to $2+ million.
Size: Townhomes vary from 1,200 to 2,500+ sq ft, single-family homes from 1,000 to 4,000+ sq ft.
Example: A 3-bedroom, 2.5-bath townhome around 1,800 sq ft might list for $850,000. A renovated Victorian single-family home with 4 bedrooms and 3 baths around 2,800 sq ft could be listed for $1.8 million.
Cherry Creek: Upscale shopping, dining, and beautiful parks. Offers a mix of Denver condos and luxurious single-family homes.
Pricing: Condos from $500,000 to $3+ million, single-family homes from $1 million to over $5 million.
Size: Condos from 800 to 3,000+ sq ft, single-family homes from 2,000 to 7,000+ sq ft.
Example: A 2-bedroom, 2-bath condo around 1,400 sq ft could list for $900,000, while a 5-bedroom, 6-bath luxury home on a large lot might be listed for $4.5 million.
Wash Park (Washington Park): A beautiful park, lake, and charming bungalows. Ideal for single-family homes with a neighborhood feel.
Pricing: Single-family homes generally range from $900,000 to over $3 million.
Size: Homes range from 1,500 to 4,000+ sq ft.
Example: A 3-bedroom, 2-bath bungalow around 1,800 sq ft might list for $1.2 million, while a larger, updated home with 4+ bedrooms and 3,500 sq ft could be closer to $2.5 million.
Stapleton (now Central Park): Newer, master-planned community with a variety of housing options, from condos to spacious single-family homes in Denver.
Pricing: Condos from $350,000, townhomes from $500,000, single-family homes from $700,000 to over $1.5 million.
Size: Condos from 700 to 1,500+ sq ft, townhomes from 1,200 to 2,500 sq ft, single-family homes from 1,800 to 4,000+ sq ft.
Example: A 2-bedroom, 2-bath condo around 1,100 sq ft might be listed for $450,000, a 3-bedroom townhome around 1,900 sq ft for $650,000, and a 4-bedroom single-family home around 2,800 sq ft could be listed for $950,000.
Important Note: These are just examples, and prices fluctuate based on specific features, updates, location within the neighborhood, and current market conditions. Team OpenHaus will provide you with up-to-the-minute market data and help you find the perfect neighborhood and home that fits your budget and lifestyle.
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Denver boasts a strong and diverse economy with thriving industries in aerospace, technology, energy, healthcare, and tourism. The unemployment rate is typically low, making it a great place to find career opportunities. OpenHaus understands that finding the right home also means being close to your work or having an easy commute.
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Denver enjoys over 300 days of sunshine a year! We have four distinct seasons: sunny summers, colorful autumns, mild winters with occasional snow, and pleasant springs. Outdoor enthusiasts love the easy access to the mountains for skiing, hiking, and biking, no matter what type of Denver real estate you buy.
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The Denver real estate market is dynamic. While it's a seller's market, opportunities still exist for savvy buyers, especially if you partner with a best in class firm like OpenHaus. We can help you understand current market trends and find the best deals on condos, townhomes, and single-family homes in Denver.
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Down payment requirements vary depending on the type of loan you qualify for. Generally, you'll need at least 3-5% for conventional loans and 3.5% for FHA loans. Some programs offer even lower down payment options.
OpenHaus is partnered with top-tier mortgage bankers that we trust to guide our clients to success. We can connect you with these trusted lenders who will explain your options, help you get pre-approved, and find the best loan program for your needs, whether you're looking for a Denver condo, a townhome, or a single-family home.
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Closing costs typically range from 2-5% of the home's purchase price. These costs include lender fees, title insurance, appraisal fees, and property taxes. Your OpenHaus agent will provide you with a detailed estimate of closing costs early in the process.
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Condo: You own the individual unit and share ownership of common areas. Often offers amenities like pools and fitness centers. Denver condos are perfect for urban living.
Townhome: You own the structure and the land it sits on, but typically share walls with neighboring units. Denver townhomes offer a balance of space and affordability.
Single-family home: You own the structure and the land it sits on, providing the most privacy and independence. Denver single-family homes are ideal for families or those seeking more space.
OpenHaus specializes in all types of Denver real estate. We'll help you understand the pros and cons of each to find the perfect fit.
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Look no further than Team OpenHaus! We are the best-in-class real estate network in Denver, committed to providing 5-star service to our clients. We have a proven track record of success, deep local market knowledge, and a passion for helping people find their dream homes. Check out our testimonials to see what our satisfied clients have to say!
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Moving to a new city can be overwhelming, but it doesn't have to be. OpenHaus is here to simplify your Denver real estate journey and make your transition seamless.
Here's how we make it easy:
Personalized Service: We take the time to understand your needs, preferences, and budget.
Expert Market Knowledge: We know the Denver real estate market inside and out, from the hottest neighborhoods to the best-kept secrets.
Extensive Network: We have connections with lenders, inspectors, and other professionals to streamline the process.
Negotiation Expertise: We'll fight for the best possible price and terms on your behalf.
Seamless Communication: We keep you informed every step of the way, ensuring a smooth and stress-free experience.
Concierge Services: We can assist with everything from finding movers to setting up utilities, making your move as effortless as possible.
Best-in-Class Homes at Any Price Point:
Whether you're searching for a luxurious Denver condo with city views, a charming townhome in a walkable neighborhood, or a spacious single-family home with a backyard, OpenHaus has access to the best-in-class homes at every price point.
Ready to Find Your Dream Home in Denver?
Don't navigate the Denver real estate market alone. Let Team OpenHaus be your guide. We are passionate about helping people find their perfect home in this incredible city.
Take the first step towards your Denver dream!
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Tell us a little about yourself and what you're looking for. One of our expert agents will be in touch to schedule a consultation and get right to work finding what you can't live without!
OpenHaus - Your Key to Denver Real Estate Success.