Identifying 5 neighborhoods in Denver that are ripe for a basement transition was based on rankings: school and real estate and crime data, but also gleaned from Coloradoans who recognize a solid investment when they see it. Numbers preceded by a # indicates where the neighborhood ranks on 5280 Magazine’s Most Liveable List:
If you live in one of the Denver neighborhoods below, and your basement is a crawlspace or unfinished, consider giving Basement Transition a call at (303) 478-7505 to talk about how our experts can add value, whether it’s time or money, to your abode.
- Platt Park – Bounded by Downing, Broadway, Evans and I-25, this neighborhood is close to downtown, but not so close that you have to worry about parking meters. Nearby Pearl Street offers great restaurants and retail and Washington Park is within so close you can practically hear calls of “set” from volleyball players who blanket its open areas. Homeowners are young and old, who appreciate bungalows, craftsmans and the occasional Victorian structures that grace their streets. #19
- Washington Park – Bounded by Alameda, Buchtel Boulevard, University & Downing, this is a coveted neighborhood for its proximity to downtown, brick bungalows, and tree lined streets. Alameda Avenue and Broadway Boulevard have unique antique shops, eclectic restaurants and provide easy access to employment in the Tech Center or downtown. #6
Why are They Ripe for a Basement Transition?
Although both neighborhoods are desirable and practically “Teflon” in the real estate sense of the word, many homes have markedly less square footage than their southern neighbors (Highlands Ranch, for example) and if they do have a basement, it is partially finished and underutilized.
- Regis – Bounded by 52nd Avenue, I-70, Federal and Tennyson, is anchored by Regis University on one end, and Willis Case golf course. I-70 allows quick access to either downtown or the mountains, #25
- Tie: University #18 #and University Park #13 & University Hills #14, Bounded by I-25, Dartmouth, University and Downing, is a happy medium between Downtown and the south suburbs. There are plenty of restaurants, shops and campus activities to relish if you live near the University of Denver. The housing styles are more modern than in many of the other neighborhoods on this list.
All areas are close to universities where students, including law and graduate students, professors and students, want to live close and this won’t be changing any time soon. Homeowners are able to lease their homes to renters who come from any of these categories.
- City Park #1 – Bounded by 26th Avenue, Colfax, Colorado and Downing, residents are within a Frisbee toss of its namesake 360 acre park, golf course, Denver Zoo, Denver Museum of Nature and Science. There are delicious dishes and adult libations to enjoy along 17th If you work downtown, you can easily bike or bus to your office.
Location, Location, Location
City Park is close to St. Joseph, Presbyterian St. Luke’s and National Jewish Hospitals, for the foreseeable future, it is ripe for rental income from interns, or as a home to hospital employees.
If you live in these neighborhoods, not only do you live in a desirable neighborhood, but there are additional reasons that home buyers will be clamoring for your zip code. When it comes to deciding between your home and your neighbor’s, your converted basement will set you apart.
