Applewood gives homebuyers, particularly millennials and young families, the country to respire and harmless neighborhoods they want.
“People are drawn by the elbow-room lots, mature trees, and landscaping,” says Barry Willmarth, Willmarth Real Estate Services owner, who has lived successful Applewood for much than 20 years.
Allie Carlson, West + Main managing broker, agrees. “I deliberation the gully is you’ve got bigger homes with bigger yards that are 15 to 20 minutes to downtown Denver and 15 to 20 minutes to the mountains.”
A changing community
Many streets successful Applewood are rapidly transitioning from older, often archetypal homeowners to younger buyers who either person young children oregon are readying to commencement their families, Willmarth says.
Carlson, who lived successful Highlands for 5 years earlier moving to Applewood six months ago, says buyers get much for their wealth successful Applewood. “If you walk $850,000 successful Applewood, you get overmuch much location than you bash successful Highlands, Berkeley, oregon Wash Park,” she says. “You get much bang for your subordinate overall.”
Houses usually enactment connected the marketplace for little than a week and often merchantability for $20,000 oregon much implicit the database price. The mean location merchantability terms is $760,000.
Those prices are improbable to driblet arsenic fewer houses go available, and immoderate infill lodging apt volition beryllium luxury homes that merchantability from $1 cardinal oregon more, Willmarth says.
Applewood is known for its ceramic ranch homes. Because galore homes were built successful the 1960s and 1970s, fewer oregon nary covenants oregon restrictions modulate neighborhoods, dissimilar homes governed by homeowners’ associations successful galore newer developments. That deficiency of regularisation appeals to immoderate owners but frustrates others, Willmarth says.
Location, location, location
Applewood, which includes parts of Lakewood, Wheat Ridge, Golden, and unincorporated Jefferson County, is conveniently located with casual entree to Interstates 70, 76, 25, U.S. 6, and C-470. The assemblage done streets are little crowded than successful Denver, and residential streets transportation small traffic.
The determination person to the mountains appeals to galore buyers.
“We spot a batch of radical who are large upland bikers oregon play warriors, and that’s a large determining origin erstwhile radical enactment roots down,” Carlson says. “By surviving here, you tin prevention clip connected large weekends successful the mountains oregon 30 minutes disconnected your Sunday day thrust erstwhile you travel home. It’s conscionable capable to extremity the scales.”
Applewood besides offers recreation opportunities with greenish abstraction and walking trails, Applewood Golf Club, Applewood Swim and Tennis, and Mount Vernon Canyon Club.
Shopping opportunities see Applewood Village with anchor stores King Soopers, Applejack Wine and Spirits, Hobby Lobby, Homegoods, and adjacent Colorado Mills and Denver West.
Popular restaurants see Abrusci’s Fire & Vine and Teller’s Taproom and Kitchen.
What’s successful a name?
Applewood was settled successful the precocious 1860s by homesteaders who decided to workplace alternatively than hunt for gold.
The assemblage got its sanction aft Myron Bunger utilized dynamite and discovered the nitrogen provided a almighty fertilizer that allowed pear, peach, apple, and cherry trees to flourish.
“Applewood is simply a hidden gem,” Carlson says. “You either cognize astir it and are intrigued, oregon you’re excited to perceive astir it erstwhile you do.”
The quality and editorial staffs of The Denver Post had nary relation successful this post’s preparation.