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Author: Leslie Beck

With over a decade of experience, Leslie leads Lark Realty Group with a focus on client-centric service and community involvement in Denver's real estate market.

History of the Washington Park Bungalow

As we have been spending more time close to home this last year, walking through the neighborhood can be a nice outdoor respite where one can marvel at the different architectural styles throughout the Wash Park East community. Our neighborhood is rich in history and one prominent area can be found in the many bungalows that still line the streets. Have you asked yourself why this was the popular style in our neighborhood? Or what is the difference between a bungalow and a craftsman’s home?

The bungalow form originated in South Asia and was designed to protect the homes from the hot sun by incorporating a wide roof to keep the porch and home shaded. The structure is one-to one-and-a-half stories tall with welcoming front porches and roof overhangs held up by visible beams and rafters. They gained popularity in California in the early 1900s then the trend moved across the country allowing many of the working class a chance at homeownership, based on the style being small and inexpensive.

The architectural style of our bungalows is called Craftsman, also known as the American Craftsman, which originated from the American Arts and Crafts Movement towards the end of the 19th century. Gustav Stickley, the founder, and editor of The Craftsman magazine helped spread the style across the country because his publication sold blueprints for homes that were designed in the Arts and Crafts style. Those features include Low pitched roof, wide eaves, a covered front porch, tapered porch columns, distinct fireplaces, and window seats and nooks.

The Wash Park East neighborhood grew substantially from 1920-1930 and was a blend of both white-collar and blue-collar neighbors. The Craftsman Bungalow was thought to be small, sweet, uncomplicated, and made with solid materials while offering a welcoming porch for visiting. This style was a good fit for our growing community.  Although the traditional bungalow sized at 1,000-2,000 square feet with two-three bedrooms is functionally obsolete for today’s living, this style continues to be popular in our community, as data shows that 40 bungalows were bought in 2018 and 79 were bought in 2019. Many of the new homes being constructed still embrace some of the Craftsman features such as the covered porch, allowing us to socialize with our friends and neighbors outside, clearly a nice choice of style for our neighborhood.

How is the Real Estate Market Today?

It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.

News website The Atlantic summarized the sizzling home market this way:

“Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low.”¹

Looking at our inventory in the Washington Park East Neighborhood over the past 5 years, we see this trend of fewer homes available and homes selling for record prices:

In July 2016 we had 53 home listings compared to July 2021 when we had only 22 home listings available. Using that same timeframe, we saw homes in our neighborhood selling at 99.4% of the list price compared to the homes of July 2021 selling at 101.3% of the list price.

While the news may be reporting a cooling of the market, homebuyers are still going in strong with their offers, we are just not seeing the bidding wars of the spring season. We are also moving into what has been a typical cycle of Denver real estate for the past 10 years; a ramping up in February with a slow down in August, this year it seems to have hit a bit quicker based on buyer burnout and lifted travel restrictions, however.

“Demand for bigger and more expensive accommodations amid the CoViD-19 pandemic, which has left millions of Americans still working from home, is driving a housing market boom. The inventory of previously owned homes is near record lows,” according to Reuters.2

What does it mean for you?

 If you’re thinking of selling your home, now may be the right time to do it. Across the country, it’s a seller’s market, meaning demand is outpacing supply. That supply-and-demand imbalance puts sellers in a great position to sell their homes at a premium price.

It’s impossible to predict with certainty when mortgage rates will rise or fall. So, when mortgage rates are at or near historic lows (as they are today), you should consider taking advantage of those rates to borrow money for a home purchase, take equity from your home to buy an investment property, or refinance your existing mortgage.

The real estate market is still strong and owning a home in a desirable neighborhood like Washington Park East is a good investment.

Source:

  1. The Atlantic
  2. Reuters

11603 W 28th Avenue

This storybook home sits on a gorgeous, oversized corner lot in the Applewood Knolls neighborhood, a hidden gem in the Denver Metro area. Prepare to fall in love as you approach the front door with its beautiful and professionally landscaped walkway, featuring water-wise, climate appropriate Colorado plants and flowers. When you enter this home, you are greeted with warm, rich hardwood floors that complement the white wainscotting walls, creating an inviting space to live and entertain. The living room flows effortlessly into the dining room and chef’s kitchen featuring new stainless steel appliances, including a Bosch refrigerator, GE Cafe 6-burner gas stove and separate built-in coffee bar with a dual-temperature mini fridge, perfect for keeping wine, beer or bubble water chilled. Enjoy all of the Colorado seasons relaxing on your enclosed back porch or keep the screen door open and let the entertainment move out to your generously sized backyard oasis with a firepit, paved patio and plenty of room for outdoor parties, yard games or frolicking with your fur baby. The main floor also includes in additional bedroom or home office. Travelling upstairs you will find the bright and cheery primary bedroom with dual closets and ensuite with full bath, plus two additional bedrooms. Need more space\? The finished basement features brand new carpet, a movie space with built-in projection TV, office nook with built-in marble desk, and a private guest retreat with 3/4 bath. This incredible home is completely move-in ready with a brand new tankless hot water heater, furnace, central air conditioning, new recessed lighting throughout the main floor and Elfa custom closets. If you feel the mountains are calling, you are located in close proximity to I-70 and Golden is only 15 minutes away or if you’re craving a city adventure, you can access downtown Denver, in just 15 minutes. Schedule your private showing today!

6645 W Berry Avenue

Location, location, location! This beautiful home in the Grant Ranch neighborhood does not disappoint! Soaring ceilings with walls of windows greet you with an abundance of natural light and the dual-sided staircase leads you upstairs to the private retreat of the bedrooms. Featuring an open floor plan with dedicated dining room, gorgeous chef’s kitchen with espresso cabinets and granite countertops, entertaining is easy with the flow out to the back deck with private yard. A fireplace in the great room with two-story ceilings, offers cozy nights by the TV or lovely ambiance while cooking in the adjacent kitchen. Working from home\? The main floor office provides ample space for your desk and Zoom calls, with natural light! Traveling upstairs you are taken to the nicely sized primary bedroom featuring dual sinks, a separate shower, a garden tub and walk-in closet. An open loft provides additional space as a retreat or study and homework spot. Two additional bedrooms are also upstairs as well as a shared a full bath, also with dual sinks. Feeling the need for more space\? The finished basement provides even more room for guests, a movie room or a home gym. Ready to get outside and explore your neighborhood\? The clubhouse, just a short distance away, features a pool, playground, and tennis courts. There is also a lake for paddle boarding, swimming and fishing. Surrounded by greenbelts and trails, there is 130 acres of open space to explore! All of the modern conveniences of shopping and dining are also in close proximity. This is a wonderful and lively community with unique activities and perfect for families, commuters, or people who just want quiet living. Schedule your showing today!

301 S Ogden Street

Location, location, location! A lovely mix of original hardwood floors, character and modern updates blend to create the perfect West Washington Park home! Walking in you are greeted with the bright and cheery sunroom ideal for a home office. The open floor plan leads you to the living room with built-in shelving and a gorgeous tiled fireplace. A separate dining room with an oversized kitchen, featuring granite countertops, stainless steel appliances and ample cabinet space, will delight the home entertainer! Main floor living continues with the generously sized primary bedroom that includes a walk-in closet, a full bath and a secondary bedroom that overlooks the private backyard. Traveling outside you are welcomed with a fully fenced spacious backyard with grass, a patio and mature trees. This double lot offers space for outdoor gatherings and fruit picking with peach, apple and cherry trees as well as a paved driveway just waiting for your Airstream! Working from home or looking for a studio space? The loft above the 2 car garage provides the answer. Location is key when living the Denver life…. walk or roll to the bustling area of Wash Park with plenty of nearby restaurants and shopping. You are minutes away from Cherry Creek, downtown Denver, Baker and easy access to I-25. Schedule your showing today and immerse yourself into city living!

10901 W Brittany Drive

Welcome home to your light and bright, lovingly updated, tri-level home located on a large corner lot in the desirable Powderhorn neighborhood! Walking in, you’re greeted by high ceilings and an abundance of natural light from the picture window and skylights. The main level features an inviting living room and an open and updated kitchen with Butcher Block countertops, white subway tile, and newer stainless-steel appliances. Entertaining is a breeze with access through the new slider door in the kitchen opening up to the generously sized backyard with new concrete pad and market lights. The upper level features a primary bedroom with dual closets, large enough for a king-sized bed and a secondary bedroom, both rooms share the updated full bath with stylish finishes. Traveling down to the lower, garden level, is a cozy family room and the third bedroom for guests or a home office, a private ¾ bath completes the area. Need to expand your space? The unfinished basement is ready for your final touches! Updates include: Kitchen appliances (2019), new furnace, new central a/c, new electrical panel, new windows (2019), and solar panels (paid in full). Seller’s home warranty will transfer to new buyers. This home is ideally located to shopping, dining, trails, Bear Lake, golf courses, and E470 and I70 for quick access to Red Rocks Amphitheater, the foothills and the mountain communities. Schedule your showing today!

3065 S Vine Street

Welcome to this inviting, move-in ready, ranch-style home ideally located in the desirable Southern Hills neighborhood! Walking in you are greeted by an open floor plan that flows into the light filled living room with beautiful hardwood floors. This functional floor plan is an entertainer’s dream for indoor/outdoor living. The well appointed and bright kitchen features ample cabinetry and with the center island, is ideal for cooking. The exceptionally cozy sitting area by the hearth in the kitchen and breakfast nook provides an ideal space for reading or conversation. A slider door opens to the mature and private backyard with covered patio, just waiting for your special touches! Main level living continues with three private bedrooms on the opposite side of the home. The primary bedroom features new paint, natural light, attached bath and walk-in closet with built-in shelving. The generously sized finished basement is ready for your creativity and offers room to grow! The 4th and non-conforming bedroom with adjacent 3/4 bath, along with several living spaces, one with a fireplace and another with a functioning kitchenette, are waiting for you to make this your customized home. Ideal for multi-generational living, home office, recreation room, in-home gym, possibilities are endless! Location is centrally located to restaurants, shopping, downtown Denver, DTC, Cherry Creek, trails, light rail, golf courses and award winning Slavens K-8 school. Home Warranty to transfer to buyer. Schedule your private showing today!

9188 W Phillips Drive

Enjoying the Colorado lifestyle just got easier with maintenance-free living! Are you ready to hike, bike, and enjoy the outdoors? Head out your front door and you’re only 10 minutes to Waterton Canyon, just a few more minutes to Deer Creek Canyon and Chatfield State Park. Welcome to your light-filled townhome with an open kitchen that flows to your living room with a gas burning fireplace for those chilly nights. A private patio has ample space for a grill and seating area to watch the sunsets, or let your fur baby out on the adjacent greenbelt. Upstairs you will find two very spacious bedrooms with their own private baths. The primary bedroom features vaulted ceilings, walk-in closet and inviting window seat to have coffee, read or just watch the sunrise. The second bedroom includes a nook, perfect for a desk or sitting area. High ceilings and charming arches make this upper level space fun and bright. Enjoy Willow Creek Park just adjacent to the complex as well as the neighborhood pool in the summer! Recent updates include new tile and laminate on the main floor as well as a new exterior roof Summer of 2021. You can’t beat this prime location to outdoor activity, shopping, dining and easy access to C-470 . Don’t miss this gem!

1033 S University Boulevard

Location, location, location! Welcome to this beautifully updated Tudor style home, just 2 blocks to South Gaylord Street. Walking in you are greeted with gorgeous new hardwood floors and sun drenched living space. This home recently went through a complete renovation resulting in an expanded kitchen, the addition of a main floor primary bedroom with stunning oversized ensuite, complete with washer and dryer. The updated kitchen is a chef’s dream with honed-granite island, custom soft-close cabinets, Viking stove and high-end appliances. Entertaining is easy with French doors that open to the oversized professionally landscaped backyard with deck. The main floor also features a private office and sunroom adjacent to the kitchen. Additional living space can be found upstairs with three additional bedrooms and a full bath. Although you can easily walk to all that Wash Park offers, shops and restaurants are just two blocks away, there is ample parking with a 2 car garage and concrete pad offering 3 additional parking spaces! As a bonus, a loft exists above the garage, making this an ideal space to rent for short term rentals.

800 Pearl Street Unit: 401

Location, location, location! Welcome to your Capitol Hill urban condo in the heart of the Governor’s Park neighborhood. Walking in, you are greeted with the enclosed northwest facing balcony, bringing you sunshine, city and peek-a-boo mountain views. The open-concept living in this unit makes entertaining a dream with the stylishly updated wet bar and flow into the dining and living rooms. Enjoy ample space in the primary bedroom with mirrored walls that reflect the natural light from the adjacent balcony/Sunroom. In addition, the walk-in closet is perfect for all of your seasonal clothes. Your secondary bonus room can be a home office, yoga room or guest room, so many options! Whether watching sunsets from your large balcony or cozying up to the wood-burning fireplace, you will surely feel comfortable calling this home. This building offers so many amenities, including: Secure entrance, on-site check-in with office staff, on premise maintenance personnel, fitness room, swimming pool/spa, community lounge, tennis courts, and so much more! Your new home has a designated parking space in the secure garage and available guest parking, so leave your vehicle at home and access hot spots like Ivy on 7th, Carboy Winery, and Trader Joe’s. This condo is conveniently located to downtown Denver, Metro State, CU Denver, numerous shops and restaurants, as well as parks and bike trails. Make sure you stop by the basement level to see the oversized community rooms with kitchen and pool table, swimming pool with hot tub, laundry facility (no coins needed, control via App) and underground parking!