The Foundation: A Denver Real Estate Blog by Feaster Realty - New Construction

Sunnyside: Denver’s New "It" Neighborhood

Posted by Jay Feaster on September 22nd, 2016

Once a little known area, Sunnyside has officially become one of Denver’s hottest neighborhoods. Located next to LoHi and Berkeley and just minutes from downtown, it’s no wonder that Sunnyside is seeing huge interest right now.

The average cost of homes for sale Sunnyside is currently $466,433, a dramatic increase over previous years. We expect this to continue to go up over the next few years, most likely at a higher rate than surrounding areas.  

Sunnyside has always been a great location, but its lack of town center put it at a disadvantage over popular neighboring areas like The Highlands and Berkeley. This all changed recently due to major commercial reinvestment. Zuni St & 44th is quickly becoming an established town center with new popular…

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Why Are Denver Home Prices Going Up So Fast?

Posted by Jess Feaster on August 13th, 2016

If you live in the Denver area, you’ve felt the rapid rise in home values. That’s because Denver averaged a 12 percent per year increase from 2013 to 2015. Wondering what’s causing it? Here are the top reasons why Denver home prices are growing so fast.  

1. Supply & Demand - Thousands of people are moving to Denver every week and the housing market simply cannot keep up. According to the DMAR Trends Report, Denver's housing inventory hit a record low of 5,463 active listings this past May. It has come up since then, but it’s still almost 10,000 below our 30-year average.  It also doesn't compare to the 30,457 listings that we saw in 2006. No wonder they call it a seller's market.
2. Rents Are Growing Too - Denver's rent growth is rising at a much…

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New Construction in Denver – What Are My Options?

Posted by Jay Feaster on February 19th, 2016

The Denver real estate market has seen an influx of new home builders in response to the shortage of homes for sale in Denver.  As I specialize in new construction in Denver, many of my clients know they want new construction, but don’t understand the different options.  There are now a variety of options for new construction in Denver, most of which fall into three main categories: Custom Homes, New Home Communities (also known as Tract Homes), and Spec Homes.  Like most things in life, all have pros and cons, so it all depends on what is best for you.

I created a breakdown of the differences between them, including the pros and cons.

Custom Homes

Fully Custom Homes are designed and built for an individual. You will never hear the word "No",…

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Custom Build Home Tips | Guide to Building a New Mid-Century Modern Home

Posted by Jay Feaster on December 12th, 2015

Mid-century modern is making a huge comeback.  Whether it's an entire mid-century modern home or just furniture, people love this style.  Clean simplicity inspired by nature - what’s not to love? We recently completed a brand new mid-century modern home in Denver for one of my clients and we could not be happier with this custom build home!  Countless real estate agents, neighbors and even builders have asked me about the project so I wanted to create a custom build home guide for mid-century modern home design.  Custom build homes can be an overwhelming thing to take on, but by making informed decisions upfront, you will end up with an amazing home like this in the end!

Mid-Century Modern Home Design - Floor Plans & More
Mid-century modern homes…

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Your Home: Pop the Top or Scrape it and Build a Brand New Home?

Posted by Jay Feaster on November 17th, 2015

Like many cities, Denver is in the midst of an urban revival, resulting in Denver's huge uptick in brand new construction homes and pop top homes. As a Denver real estate agent that specializes in this, I often field questions regarding scraping and building a new home or popping the top on an existing home.  The answer depends on your priorities, but here a few helpful things to make an informed decision.

Why Pop the Top of a House?

As I see it, the biggest advantage of popping the top of an existing home, is the fact that it allows you to keep part of that home. This is a huge positive for home buyers that love homes with historic charm, but want a larger or more up-to-date version of a home with history.  Building restrictions in historic…

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