The desire for more living space during the pandemic and continued development has made Northwest Arvada popular with home buyers and pushed up the value of homes.
Located in Jefferson County between Boulder and Denver, the community northwest of Arvada offers easy commutes to these two cities, as well as quick access to areas for hiking, biking, boating, or trips to the mountains.
Dan Thomas 8z Arvada’s management broker, Moved into Candelas shortly after the opening of the master-planned community. After moving to Colorado from California, he used to live in Five Parks Village.
Thomas said homebuyers buying in Khandras and other newer developments are looking for modern, more environmentally friendly homes with easy access to recreational opportunities.
The active lifestyle of the master planned community attracts buyers, especially those from out-of-state. They want easy access to trails, parks, swimming pools and entertainment centers. They also have the opportunity to meet neighbors through planned events, from community festivals to movie nights.
“They are attracted to a family atmosphere away from the community,” Thomas said. “It’s not just a place to live.”
Barry Wilmars Willmarth Real Estate Services Owner,agree. He said that buyers like the community within the community created by the master plan development. Buyers are also happy to be able to walk to restaurants, community swimming pools, parks and open spaces.
Willmarth added that the high quality of JeffCo Public Schools also continues to attract families to the area and help maintain home value.
New building, better choice
The master-planned community provides a variety of low-maintenance houses, which are attractive to young families and empty nesters.
“People’s environmental awareness is much higher now,” Thomas said. “Many people want new houses that are Energy Star rated and better built. People want to be greener and more energy efficient.”
Thomas said that as a result of development grants, developers built early houses with solar panels in Khandras. Now solar panels are an option that many new home buyers continue to choose.
The new building also provides people with more choices about how to spend money, especially when it comes to kitchen upgrades.
“With these new modern houses and their open floor plan concept, when someone walks in, the first thing people see is your kitchen,” Thomas said. “You want it to be beautiful, but the function is more important.”
Thomas said that during the pandemic, many buyers moved to northwestern Arvada to find more space.
“Interestingly, we see more people working from home full-time and need more space. Or they need space for grandparents to move in and help their children go to online school.”
Buyers want to provide space for home offices and rooms, and they can close the door to block noise.
“We are seeing more and more people looking for houses that provide options for one person to work upstairs and another person to work downstairs,” Thomas said. “We are also seeing more and more people looking for a renovated basement so they can work downstairs and be separated from their living space.”
Continue to be popular
Willmarth said that although the congestion on Indiana Street has caused some traffic problems, additional retail and restaurant development will help Northwest Arvada remain a hot spot.
Houses in this area usually take less than 10 days to market, with an average selling price of US$840,000. The prices of some homes in Arvada in the northwest have climbed to the $1 million to $2 million range.
Willmarth said that the buyers he has worked with are very satisfied with their decision. “They will buy again immediately.”
The news and editorial staff of the Denver Post played no role in the preparation of this article.