Everything You Need To Know About Buying A Home In Greenwood Village, CO

Tuesday, 30 April 2019 22:48

If you are considering buying a home in the Denver area, but you don’t want to live right in the heart of the city, you’ve likely begun to familiarize yourself with some of the suburban communities surrounding Denver Metro. Greenwood Village, CO has become increasingly popular for growing and established families to plant their roots for many reasons, including the community atmosphere, the available properties, the attractions and so much more. Let’s talk about the features that make Greenwood Village, CO the ideal location for you to call home.

Get To Know Greenwood Village, CO

Greenwood Village was made up of vast farmland just a few short decades ago. A mere 500 residents call the Village home and although the community has grown rapidly, it has preserved the rural elements that make it so unique. In the early twentieth century, homes in Greenwood Village, CO were actually “country homes” that Denver Metro residents would vacation to in the summer. As the growth of Denver Metro expanded, residents were concerned that the “big-city” lifestyle would threaten what Village residents so loved about their community. In 1950, an election was held to incorporate the community, which passed by a close margin, but nonetheless, established Greenwood Village, CO as what would soon become the town we know today.

Your Neighbors In Greenwood Village

Sitting just south of Denver, Greenwood Village is just over 8 square miles of both urban and residential areas. The town has an interesting dynamic considering the 16,000 full-time residents and the additional 30,000+ daytime residents who make up the robust working community in Greenwood Village’s established business district.

The majority of full-time residents in Greenwood Village, CO are established families with school-aged children. However, the town does still see it’s fair share of seasonal residents who are only in the Village part time. We’ve seen that Greenwood Village is the ideal community for families looking for a great place to raise kids in a tight-knit and value-driven neighborhood.

Finding Your Dream Home In The Village

There are just over 6,000 homes in Greenwood Village, CO, a handful of which are on the market for the right buyers at any given time. The market data from the past five years is consistent with the idea that people in the Village are ready to plant roots and create a life for themselves that they can live for many years to come. The turnover of homes in Greenwood Village is limited, so you want to ensure you are ready to jump on your dream property when it becomes available because you can be sure it won’t stay on the market long.

On average, we’re seeing homes in Greenwood Village, CO sell at just over $1 million with an approximate cost per square foot of $300. While the size of these properties vary dramatically, the average Village home features 4 beds, 4 baths, and more than 4,000 livable square feet - the perfect size for established families who want a little more space.

Your Partner For Greenwood Village, CO Real Estate

Greenwood Village, CO is a highly desirable place to call home. If you are considering homes in the Village, you want to be sure you have an experienced real estate partner to advocate for you. Contact Chris Davis today to learn more about homes for sale in Greenwood Village.