Sunday, June 21, 2009

Denver Neighborhood: East & West Washington Park




Washington Park is one of Denver's most prestigious neighborhoods. Many characteristics have helped create the allure desireable area of Denver. For starters, it's very centrally located. It's located right off interstate I-25 and just about halfway between Denver's two largest employment areas which are downtown and the Denver Tech Center.


Another draw is the 165 acre park itself. Denver residents tend to love the outdoors and remain quite active. There is a running trail that encircles the park and makes for a nice 2.7 mile jog/run. In addition to the park, there are lot's of walkable amenities in the neighborhood. S. Gaylord Street in East Wash Park is a one block commercial district with a several great restaurants, shops & bars. Alameda Ave offers coffee shops, restaurants, conveient stores. There are also a couple of corner businesses scattered thorough both the East & West sides.


Most local residents know, but for the newbie it's good to know that the neighborhood is distinctly different on the East & West side of the park and is often referred to as "East Wash Park" and "West Wash Park".


East Wash Park is bounded by University Blvd to the East, S. Franklin to the west, Alameda Ave to the north and I-25 to the south. East Wash Parl is considered to be more affluent and is evidenced by the average single family home price of $665K. East Wash Park is prodiminently single family homes sitting on double lots (6,250 SF) or lots & a half (approx. 4,687 SF). Homes in East Wash Park today average appoximately 108 Days on Market to sell.


West Wash Park is bounded by Broadway to the west, S. Downing to the east, Alameda Ave to the north and I-25 to the south. West Wash Park is denser than East Wash Park with apartment buildings, condos and townhomes sprinkled among single family homes. For this reason, the average single family home sells for approximately $391K. However, there are 1/2 duplexes, townhomes and condos that can be purchased in the neighborhood from the $150K range. Homes in West Wash Park today average appoximately 85 Days on Market to sell.

In addition to the density, there are couple of more reasons the West side of the park is more affordable. There are several busy streets on the west side that aren't found on the east side. There are two one-way streets: Emerson & Washington. These streets provide great opportunities to quickly cruise north & south through town. However, all those cars moving up & down them make them quite busy and should be taken into account when considering a home to purchase. Logan and Downing on the west side of the park have stop light, businesses and tend to be more busy than most.
Typical single family home in East or West Wash Park was built in the early-middle part of the 1900's with bungalow and victorian being the prodiment architectural sytle. Homes typically range from 800 to 1800 SF and often have basements that are can be finished and provide additional livable SF.

No comments:

Post a Comment