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April 30, 2021
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This Week in Central Park Real Estate 4.30.21

It’s a beautiful sunny Colorado day, perfect for snagging that home you’ve been trying so hard to find!  In this week’s update we’ll tell you about the latest 18 new listings in the neighborhood, give you a “North End Builder Cheat Sheet” to show you all the new build home builder “all in” prices and more!

Many people that read these weekly updates are considering new build homes, so I wanted to mention our latest Central Park Scoop Youtube video we just made yesterday.  It’s titled “Best Upgrades to Make on Your New Build Home” and was created by Mariel Ross, one of our teammates at Focus.  We think it will be really helpful for anyone considering a new build and wondering where to spend their upgrade $! 

Ok let’s jump into the new listings now!

New Listings

So far this week 18 new listings have hit the market in Central Park!  We still need a lot more to start to solve the low inventory issue, but 18 is better than what we’ve been seeing so we’ll gladly take it.  Of the 18, here are a few of our favorites:

3223 Ulster St:

This beautiful Thrive home has a prime location within the neighborhood!  It sits on an alley corner lot on a quiet street just minutes from the light rail station, Sprouts grocery store and the future Natural Grocers store.  Buyers are going to love the 4 bedrooms, finished basement and private outdoor space with beer taps, a firepit & built in bench.  I live in a very similar home about a block away and we love it.  Thrive has been a great home and we just love how easy it is to get everywhere in the neighborhood from this location.  You can see more pics and flip through the floorplan here.  Also, check out my walkthrough tour here. This home is listed by me, Joe Phillips with Focus Real Estate, and I can be reached at (720) 299-1730 if you have any questions. Showings start on this one today!

5433 Uinta St:

Built by Wonderland Homes, this courtyard facing 4 Bed home is a beauty.  Flip through the pics and you’ll see this one is really move in ready.  We think buyers will love the finishes in this home like the gas fireplace with stacked stone surround, quartz countertops (even in the bathrooms!), beautiful hardwoods and highly upgraded master bathroom (love the frameless euro shower door). Plus they’ve really made the most of the sideyard with the hardscape and firepit hang out area.  This home is listed by Matthew Gallegos with Keller Williams Realty Downtown.

5489 Verbena St:

This classic 4 bed Central Park home by David Weekley Homes checks all the boxes. It’s move in ready and situated on a quiet street in Willow Park East.  We think buyers are going to love the large main floor office, spacious mud room, cute outdoor space and the big rec room in the basement  (perfect for a movie room, playroom or at home classroom space.)  Pro photos on this one coming today.  This home is listed by Mariel Ross with Focus Real Estate and she can be reached at (720) 320-3536 if you have any questions.

Not finding that dream home in the resale market?  Or maybe you’re tired of losing out on bidding wars?  We get it…the search can be fatiguing lately.  If that’s you then you may want to consider a new build in the neighborhood.  There are still around 500 homes to be built in “North End” and we’d love to help you find one that meets your needs.  My contact info is below and we’d be happy to to help you review all your options, new builds and resales.  (Should you have an agent on a new build?  Good question…and here is a Youtube video Ashley Faller from our team just made to answer it!)

If you’re not ready to chat but you’d like to see all your new build options we get it.  If that’s you check out what I mentioned in the beginning of this post, the “North End Builder Cheat Sheet” that shows you the “all in” prices for each home series being offered by the builders.  You can find that at HomesinNorthEnd.com.

Under Contract Listings

There were 9 homes that went under contract in Central Park this week. All but one were gone in the first 8 days on the market.   So pretty much if you list your home and it’s not sold in the first week you probably have an issue. (price is too high, something is wrong with how it shows, etc)  This market gives sellers a quick feedback loop for sure. 

Sold Listings

20 homes closed and sold this week in Central Park.  This section is always fun to pop through these days because each week a few homes close at prices that will have you considering selling your home!   

All Active Listings

There are just 21 total active listings in the neighborhood right now.  We’re hoping for some spring inventory to hit the market and get the inventory up…but that’s still TBD at this point.  Since the start of the pandemic normal market seasonality has been out the window.

Lastly, before we go we wanted to mention our active buyer list in the area.  These are clients we’re working with at Focus Real Estate who are ready to buy but just need homes to purchase.  If you have a home that could fit any of the buyer needs below we’d love to chat!

Focus Buyer Needs:

  • Around $1.2M. Parkwood, Thrive, or Infinity with views or proximity to open space.
  • $1.2M or less.  Central Park North or Central Park West, 4+ beds upstairs
  • $1.15M or less.  Parkwood or Infinity with 4 beds up, finished basement, mudroom & good pantry
  • $1.1M or less.  Looking for a Parkwood.  Prefer north of I-70.  Minimal carpet desired
  • $950k or less.  South side of I-70 preferred, 4+ bed / 4+ bath, office space needed, larger yard, larger bedrooms
  • $925k or less.  South side of I-70 preferred, 4+ beds, finished basement preferred
  • $900k or less. CalAtlantic single-family in Northfield.
  • $900k or less.  4+ beds, more yard the better
  • $900k or less.  North side of I-70 preferred, minimum 4 bedrooms (ideally 5), separate master suite (late summer or early fall move-in preferred)
  • $900k or less. Single family home in Willow Park East or Northfield area preferable. Ideally Thrive or Lennar.
  • Around $850k.  North or south of I-70.  3-4 beds and an office.
  • Around $800k. 4 bed (or 3 + office), preferably south of I-70, at least a small yard.
  • $650k or less.  3+ bed / 3+ bath, Craftsman style courtyard home with a finished basement
  • $650k or less.  South end or Central Park West.  Single family or paired.
  • $650k or less.  North of I-70.  Single-family or paired home with a finished basement
  • $500k or less.  2+ bed / 2 bath, south side of I-70 preferred, attached or detached
  • Infinity Vue II or III.  North or south of I-70
  • KB Starlight (any floor plan)
  • Wonderland Cimarron south of I-70
  • Income qualified with a main floor master.  North or south of I-70
  • Income qualified that allows up to 90% AMI ideally with covered parking space or garage
  • Income qualified with 3 bedrooms.  North or south of I-70

That’s a wrap for our real estate update this week.  My contact info is below and our whole team is here to serve.  Have a great weekend and enjoy the sunshine!

**Focus sells homes starting at 1.5% listing commissions when we’re your agent on the next purchase, and just 2.0% even if we aren’t helping you buy!  Neighborhood experts with commissions customized to fit the situation.  My contact info is below to learn more!**

Disclaimer:

Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own.  It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well.  Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!

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