Country Club and Driving Park Neighborhood Analysis

It is not a simple task to determine the correct price for a home in Denver's Driving Park neighborhood. First, there are several segments at different price points. Second, there are competing neighborhoods that surround Driving Park that have different characteristics. Third, Driving Park and the other neighborhoods are in transition with infill development and pop-tops modifying the face of the traditional bungalows and Norman cottages. Fourth, how should the basement square footage be treated?

We developed an analytical model that allowed us to consider all of these factors in arriving at a price for 525 Franklin Street.

We sold the house in 50 days. We had 108 groups come through our open houses, we had 23 broker showings and 3 offers.

Read on to learn how we placed this property at the price point where it would generate the most interest.

For Full Analysis Click Here:

http://www.CanonColoradoTeam.com/documents/canon/525 Franklin Street.pdf