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Old 11-17-2016, 03:24 AM
 
310 posts, read 365,229 times
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I am looking at possibly moving from Phoenix to the Centennial area. Is it possible to find a small condo for a price point of $250k? If so, which areas do you recommend?
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Old 11-17-2016, 07:56 AM
 
Location: Washington Park, Denver
6,961 posts, read 6,566,167 times
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Yes it's doable. Inventory is very low. There are some condos near Arapahoe and Holly that are in that price range.
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Old 11-17-2016, 08:17 AM
 
Location: The Berk in Denver, CO USA
14,046 posts, read 20,375,828 times
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Default Be prepared to act quickly

Yes
https://www.redfin.com/city/3327/CO/...max-price=250k

but
Inventory home levels nose-dive in Denver area, CAR reports
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Old 11-17-2016, 08:47 AM
 
Location: Denver, CO
1,421 posts, read 1,204,471 times
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It's also the off season for moving though. Most moving happens between April-September. If you wait until spring, there's bound to be more inventory.
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Old 11-17-2016, 09:19 AM
 
Location: Wheat Ridge, CO
569 posts, read 1,051,255 times
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Yes. Inventory is low, but there are a few options near the Centennial Airport---the rest are scattered around.
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Old 11-17-2016, 11:19 AM
 
Location: In The Thin Air
12,292 posts, read 8,099,601 times
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Quote:
Originally Posted by caverunner17 View Post
It's also the off season for moving though. Most moving happens between April-September. If you wait until spring, there's bound to be more inventory.
And more bidders.
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Old 11-17-2016, 02:09 PM
 
Location: Na'alehu Hawaii/Buena Vista Colorado
4,902 posts, read 9,677,689 times
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Quote:
Originally Posted by suaz View Post
I am looking at possibly moving from Phoenix to the Centennial area. Is it possible to find a small condo for a price point of $250k? If so, which areas do you recommend?
Centennial is a huge area -- 28 square miles. Includes zip codes 80015-80016, 80111-80112, 80121-80122, and 80161. Do you know crossroads of where the job will be? Do you care about schools?

What size is a "small condo"?
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Old 11-20-2016, 08:19 AM
 
Location: In the Rampart Range
21 posts, read 13,066 times
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If "small condo" includes 'large 1BR' you should not have too much trouble, we sold our largish 1BR condo at University and Dry Creek about a year ago for ~155. Inventory is the main issue, unless things have changed since then you should be prepared to make an offer immediately when you see something you like.

Three years ago you couldn't give Centennial condos away. Go figure...
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Old 11-20-2016, 10:10 AM
 
Location: Just south of Denver since 1989
10,913 posts, read 29,415,494 times
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Check out REColorado.com- it is the public facing side of our MLS. High on accuracy. Double check HOA fees.

Centennial is a great place to start. The city is very rectangular. Short on the north-south long on the east-west.

You may wish to focus on places near I-25 or right off of Arapahoe Road for now.
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Old 11-21-2016, 06:58 PM
 
411 posts, read 1,151,457 times
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250k for a poor sub-1400sqft, 2 bdrm condo, is a high price by my book. Add a bit more and buy a detached bungallow somewhere in older areas :-)

For the condo, add in the monthly hoa fees (ever increasing as the greedy mgmt compy's heart desires), and it's really a losing proposition buying a condo...Unless it's for renting it out.
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