Everyone has been talking about walkscore lately.  The walkscore website, with scores ranging from 0 (least walkable… you use a car all the time) to 100 – (a Walkers Paradise) measures the score of your home.  Downtown Denver condo and loft residents enjoy the greatest walkscore which we spoke about in terms of quality of life.  The ability to walk to restaurants, shops, sporting events, the theater, and more.  A new study discussed on the walkscore site looks at how the benefit of your downtown condo or loft walkscore translates into financial value.

CEOs for Cities just released a study based on data from Walk Score and ZipRealty that shows one point of Walk Score is worth as much as $3,000 depending on the metro area.  Read the study.

Here is a quote from their study…

More than just a pleasant amenity, the walkability of cities translates directly into increases in home values. Homes located in more walkable neighborhoods—those with a mix of common daily shopping and social destinations within a short distance—command a price premium over otherwise similar homes in less walkable areas. Houses with the above-average levels of walkability command a premium of about $4,000 to $34,000 over houses with just average levels of walkability in the typical metropolitan areas studied.

Which made us want to look at the WalkScore of a few downtown buildings to see how their WalkScore fared (As of Monday, August 23rd at 10:45 am)

• SPIRE – 100 out of 100
• Museum Residences – 98 out of 100
• Pinnacle – 94 out of 100
• Ice house Lofts – 92 out of 100
• ONE Lincoln – 89 out of 100
• Glass House – 88 out of 100
• 100 Park Avenue – 88 out of 100
• Zi Lofts – 88 out of 100
• Watermark – 85 out of 100
• Ball Park Lofts – 84 out of 100
• Flour Mill Lofts – 74 out of 100
• Ajax Lofts – 71 out of 100

We sure love the walkable benefits of Denver.  To learn more about which Denver condos are the most walkable or to take a tour of any of these Downtown Denver condo and loft residences contact New Era Realty at at 303.991.9878 or 800.392.1950.  And please don’t miss out on taking a tour with us of SPIRE, the 100 out of 100 walkable paradise located in the heart of the Theater District in Downtown Denver.  Newly completed this year this building has been a favorite of our clients and we love sharing our knowledge on this beautiful 42 story tower downtown.

Barrington Condos

909 Logan Street

Denver, CO 80202

The Barrington Condos is a great condominium building with loads of resident amenities like a pool, party room, fitness center, on-site manager and more. Located in the Capital Hill/Cheesman Park neighborhood of Denver this building offers a great range of condo floor plans as well as a large range of purchase prices. Square footage of the condos range between a 345 square foot studio apartment to a 1,200 square foot three bedroom two bathroom unit.  Prices range between $81,500 to $265,000, yearly taxes between $495 – $1,350, and monthly HOAs between $95 to $360.

There is an attached garage, with each condo claiming at least one permanent private space, which is ideal in Capital Hill where street parking is tough to come by.  The building was built in 1965 but has been maintained nicely, and is located near great restaurants including Benny’s, Mizuna, Bones, and Gov’s Park Tavern. The Walkability Score is a high 89 which means convenience is common in your day to day needs.

Barrington Condos Denver 80202 Living Room

Barrington Condos Denver 80202 Living Room

Barrington Condos Denver 80202 Living Room

Barrington Condos Denver 80202 Kitchen

Lafayette Towers East

1090 Lafayette St.

Denver, CO 80218

The real estate property known as Lafayette Towers East are located in beautiful Denver, Colorado’s Cheesman Park neighborhood. Conveniently located near Licks Ice Cream Parlor, Wyman’s #5 Bar and Restaurant, Squire Lounge, The Park Tavern, and of course, spectacular Cheeseman Park , the location is ideal with a rating of 85 on the walkability score. The building was built in 1964. The past three-year price range of sales is from $179,000 – 196,000, and the units vary in size from 800 square feet to 1050 square feet. Taxes are approximately $724 per year.

There are many great amenities included in the $367 (average)  HOA fee; balconies at each unit, cable, disposal, elevator, great city views, club house, insurance, snow removal, water, sewer, trash and ground maintenance. Utilites average around $78 per month.

Great location, that is very youthful and energetic! A must see.

Lafayette Towers East in Cheesman Park Denver CO 80218 Exterior

Lafayette Towers East in Cheesman Park Denver CO 80218 Family Room

Lafayette Towers East in Cheesman Park Denver CO 80218 Kitchen

Lafayette Towers East in Cheesman Park Denver CO 80218 Living Room

Majorca Condominiums

1050 Lafayette Street

Denver, CO 80218

The Majorca Condominiums were built in 1968 but have been maintained well. The property brags of an indoor pool, dry sauna, and roof top deck available to all condo owners, secure entry, and all windows have been recently updated. The condos are located one block from Cheeseman Park and within walking distance to fun places like Wyman’s 5 (great happy hour and fun atmosphere), Liks, and Pete’s Kitchen (probably the best late night food in ). The Walkability Score is an 85.

Each condo has at least one reserved parking space in the garage. Floor plans vary between studios (starting at 440 square feet) up to two bedroom/two bathroom condos 918 square feet. Condo pricing over the last three years have ranged between $45,000 to $199,000, condo taxes $312 to $784, and condo HOAs between $159 to $238.

For more information about lofts and condos in the Cheeseman Park Neighborhood, including availability contact agents@mynewera.com or call 303-521-6262.