Mark Hunke

Denver Real Estate Specialist

The Mark Hunke Team
Your Denver Real Estate Experts
Call Us Today
303-619-7793
  • Home
  • Luxury Communities
    • Castle Pines Village
    • Chenango in Centennial, Colorado
    • Cherry Creek
    • Cherry Hills Village Real Estate
    • Denver’s Country Clubs
    • Denver Executive Homes
    • Denver Highlands
    • Greenwood Village
    • Highlands Ranch Real Estate
    • Observatory Park
    • Park Hill Colorado
    • Polo Grounds Colorado
    • The Preserve Colorado
    • The Pinery, Parker, the Club at Pradera
    • Red Rocks Country Club, Willow Springs, Willow Brook
    • South Aurora, Colorado Real Estate
    • Washington Park
  • Luxury Home Search
    • Luxury Home Search Form
    • Featured Properties
    • Map Search – Denver Luxury Homes
    • Find My Dream Home
    • Denver Relocation Guide
    • Get Luxury Property Alerts
  • Buyers
    • Buying a Home
    • Step 1 – Choose a Realtor
    • Step 2 – Get a Loan!
    • Step 3 – Research the Neighborhood
    • Step 4 – Submitting the Offer
    • Step 5 – Closing The Deal & Moving In
  • Sellers
    • Sell Your Home
    • Selecting a Professional Denver Luxury REALTOR®
    • Are You Ready to Sell a Luxury Property in the Denver Area?
    • Determining the Listing Price
    • Real Estate – Selling Your Home FAQ
    • What’s the Best Listing Price For Your House?
  • Finance
  • About
    • About Mark Hunke
    • Denver Real Estate Blog
    • Letters of Recommendation
    • Realtors – Join The K Company
  • Contact

How to Choose a Neighborhood when Shopping for a Luxury Home

July 19, 2014 By Mark Hunke

The Denver metropolitan area has some wonderful luxury homes available, but choosing which neighborhood you want to live in can be difficult. Here are some tips that can help you decide, ranging from crime rates to community events and more.

Crime Statistics

The good news is that crime statistics tend to drop as property values increase, so luxury neighborhoods rarely see a major crime bump. However, it doesn’t hurt to consider the areas where crime may arise. If you notice a lot of vandalism in a neighborhood or find that your home is near a nightclub or other popular hangout, you might be slightly elevated in terms of your risk. That said, some people are willing to trade the higher chance of minor crime for the ability to enjoy an active nightlife.

The Timing of your Visits

Problems that are completely invisible during the day can rear their head at night. The time of day that you visit a house before buying can dramatically change your impression of the home. For example, visiting during the evening hours makes it less likely that you will notice structural problems such as a potential leak in the roof. Ideally, you should make multiple visits to a home and schedule these trips for different times in the day so you can get the full experience.

Look into Related Costs

Having a luxury home doesn’t mean you should have to pay luxury costs for everything. Take a tour around the neighborhood and see what other living costs you are likely to encounter. You might be surprised at the high costs or great deals you may find. If you’re wondering about utility costs, a call to the local providers can be very illuminating. These companies won’t give you the specific costs in the home you are looking at, but you can get a general estimate for the average bills in the neighborhood.

Talk to the Neighbors

Getting to know your potential neighbors can be very helpful when trying to decide whether you want to move into an area. It’s best to make sure that you don’t swing by during dinner or another inconvenient time. Depending on the timing that you arrange a walkthrough of your potential luxury home, you can take a moment to swing by and talk to others in the area. This is especially possible if you are buying during the spring or summer, when more people are out and about. A friendly conversation with your potential new neighbors can not only give you a better feel for the house, but can also help to break the ice if you do decide to make this neighborhood your home.

Choosing your luxury home requires a lot of forethought and analysis. While your main focus should definitely be the home itself, you don’t want to ignore the rest of the area in your search. A house is only one part of a home – a great neighborhood is just as important.

Filed Under: Luxury Homes Tagged With: colorado, Real Estate

Recent Posts

  • New Home Sales Slow Despite Lower Prices
  • Higher Credit Scores are Coming: Are You One of the Lucky Ones?
  • The Housing Market Slump Still Exists in Some Locations
  • Fewer New Builds – Why the Sudden Slowdown?
  • Do Walk-In Closets Improve Home Values?

Categories

  • Centennial Colorado
  • Cherry Hills
  • Denver Area
  • Denver Real Estate
  • Energy Efficient Properties
  • Financing
  • Greenwood Village
  • Highlands Ranch
  • Home Buyers
  • Home Rentals
  • Home Sellers
  • Investment Properties
  • Job Market
  • Luxury Homes
  • Parker Colorado
  • Real Estate
  • Uncategorized

Search for Homes

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
5-star logo
Equal Housing
Blue Fire Group    Real Estate Websites
© 2023 Copyright
LAC
Buying Buddy    Powered By Buying Buddy ®