Article courtesy of the DBJ.
What will be the hottest real estate neighborhood in the Denver area in 2017? You’ve got to look southeast.
According to online real estate company Redfin, the Denver area’s hottest real estate neighborhood this year will be Greenfield, located in the south Aurora/Centennial area. Greenfield is rated the ninth-hottest neighborhood in the country by Redfin, and it’s roughly bordered by East Smoky Hill Road on the north, East Arapahoe Road on the south, and South Liverpool Street on the east.
“Greenfield has a community pool, a playground, tennis courts, a fishing pond and many trails for people wanting the outdoor, active Colorado lifestyle. Located in the highly rated Cherry Creek School district, it’s a prime location,” said real estate agent Stephanie Collins, in a statement.
What determines a neighborhood’s “hotness?” Redfin said it “analyzed hundreds of millions of pageviews to Redfin.com and homes that users favorited to monitor for price and status changes.”
Other “hot” neighborhoods in the Denver area, according to Redfin, are Old Town in Arvada and Athmar Park (west of I-25 and south of West Alameda Avenue) in Denver.
“Our data on homebuyer activity shows that this year people are bypassing the most expensive areas in the center city in search for high-end amenities and renovated homes that are a few train or bus stops outside the city limits. The hottest neighborhoods of 2017 will be those edge communities that deliver urban convenience at prices that are closer to earth,” said Redfin chief economist Nela Richardson, in a statement.