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Old 02-17-2011, 04:23 PM
 
Location: Aurora, CO
301 posts, read 416,669 times
Reputation: 136
JD, do you feel the same way about Centennial? Parts of SE Aurora and Centennial are so intertwined that a home on one side of the street may have a different mailing city than one on the other.

Denver and Highlands Ranch (along with the rest of the metro area) have also experienced declining property values in recent years--that's just the sad fact of today's market. And you can also find newish construction in Highlands Ranch that's 3300 sf for $350k, and that doesn't mean that it's an undesirable place to live (maybe just that Denver proper is an expensive one!).

It's hard to generalize about the different areas, and at this point it's very risky to speculate about home value appreciation wherever you end up buying. The most important thing is to find a home you like in area you enjoy living in and can realistically afford.
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Old 02-17-2011, 11:48 PM
 
Location: Denver, CO
5,460 posts, read 13,809,179 times
Reputation: 4402
Quote:
Originally Posted by ToastyReward View Post
Thank you, that's just the type of information I'm looking for. From friends of friends that I've talked to in the area they've said to stay away from anything Aurora (thought I've found lots of homes I like there).
Next time you talk to these friends, find out why, is it because 1) they don't want to be around minorities (even though that applies more to central & northern Aurora, as SE Aurora is vast majority white), 2) they hate middle-class suburbia in general, or 3) they have no clue what they're talking about and are recirculating tired old "I heard ..." crap and probably have never been to Aurora or ever really explored the place?
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Old 02-18-2011, 12:20 AM
 
60 posts, read 13,450 times
Reputation: 33
Quote:
Originally Posted by shukertj View Post
JD, do you feel the same way about Centennial? Parts of SE Aurora and Centennial are so intertwined that a home on one side of the street may have a different mailing city than one on the other.

Denver and Highlands Ranch (along with the rest of the metro area) have also experienced declining property values in recent years--that's just the sad fact of today's market. And you can also find newish construction in Highlands Ranch that's 3300 sf for $350k, and that doesn't mean that it's an undesirable place to live (maybe just that Denver proper is an expensive one!).

It's hard to generalize about the different areas, and at this point it's very risky to speculate about home value appreciation wherever you end up buying. The most important thing is to find a home you like in area you enjoy living in and can realistically afford.
Shukert -

It's not a "feeling" I have, it's based on historical sales trends for homes in Aurora compared to homes in Denver. Aurora has been undesirable to live in for the past 30 years. Now granted, that stigma may be propelled by the areas of Aurora which neighbor NE Denver and whatever you want to call the areas around Hinkley HS and Aurora Central HS, but the stigma is there and we all know it - though of us that grew up here at least.

There are currently 12 homes in HR for 3300+ sqft $350,000 and under, there are 49 in Aurora. Many in the "desirable" areas that Aurorans on the forum point to as the most desirable areas, resplendent with Cherry Creek School and children abounding on every corner!

Look at the sales trends for older planned communities in Aurora though, when I was younger is the was the areas on Tower Road and Smokey Hill road. Time has not been kind to those communities value-wise, even with Smokey Hill HS being a CCSD.

Hey, I think if you are happy in Tallyn's Reach and it meets your needs then more power to you, and homes may never appreciate like they have historically because of the major bust we are hitting (4.3% value loss in Denver/Aurora in 2010 with a bigger hit predicted for 2011), however if I knew I wasn't buying my last home and I wanted to resell it, I would NEVER buy in Aurora. It would be the absolute last city I would buy in.

I find Highlands ranch undesirable as well.

If I was this person I would look to the Foothills such as Ken Caryl, Leawood, Littleton, the Columbine Valley, West Arvada, Louisville, Lafayette, Broomfield, and Golden before I looked at Aurora, Centennial, Lone Tree, Highlands Ranch, or Parker.

Jeffco schools are NO "Cherry Creek School District", (Which BTW isnt the magic bullet that people make it out to be - I will put the kids at Arvada West up against Grandview/Smokey Hill/Overland kids ANY day of the week and twice on Saturday on the football field), but they are excellent high performing schools.

The traffic to the airport might be peachy from the SE suburbs, but I-25 is a BEAST from about 2:45-7:45pm these days, and from 6:30am-8:30am in the morning.
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Old 02-18-2011, 09:48 AM
 
17,087 posts, read 23,284,930 times
Reputation: 12361
The OP has a job location at DEN airport, way out east of Denver on the plains.

Steering them to the far western suburbs and foothills puts them into commuting hell.

Nothing wrong with Parker or S.E. Aurora, especially when the employer is paying the E-470 tolls.
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Old 02-18-2011, 10:59 AM
 
60 posts, read 13,450 times
Reputation: 33
Quote:
Originally Posted by Mike from back east View Post
The OP has a job location at DEN airport, way out east of Denver on the plains.

Steering them to the far western suburbs and foothills puts them into commuting hell.

Nothing wrong with Parker or S.E. Aurora, especially when the employer is paying the E-470 tolls.
Nothing wrong, except for low appreciation, distance from the city of Denver, lack of culture, no place to eat except for chains, no place to shop except the mall, stigma of living in Aurora.

I would trade the extra 15 minutes on 470 (Heading west from Bowles&Wadsworth to the 470E pickup near Park Meadows) for the better zip code. That's just me though.
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