Sloans Lake Homes Are A Great Investment


by Kristen Sloan - Date: 2010-10-15 - Word Count: 432 Share This!

It's an age-old question. How do you know if a home is a good value? There are many factors to evaluate when purchasing a home, but your target property's neighborhood is one of the mostimportant things to consider. In the current real estate market, it is important to evaluate a neighborhood, along with the house itself, since the neighborhood will have a large impact on the home's current and future value. Homebuyers place a large emphasis on a neighborhood's desirability and reputation, especially in slower real estate markets.

Denver's Sloans Lake neighborhood is a perfect example of this, since Sloan Lake homes have not only held their values quite well throughout the real estate downturn, they have appreciated. According to Zillow.com, the average price point for a Sloans Lake home is $275,000, making it more affordable than surrounding neighborhoods. However, don't let this lower price fool you, since Sloans Lake home values have performed extremely well throughout the real estate even increasing 10 percent from last year. This is obviously quite impressive in the current real estate market, and a sign that Sloans Lake homes are a great investment. If this sought-after Denver community has been able to withstand the past few years, there is nowhere to go but up from here.

Why have Sloans Lake homes been such a good investment over the years? One of the most attractive things about Sloans Lake homes is that they are made up of a an array of appealing architectural styles, including popular bungalows, so there is something for every homebuyer. While most Sloans Lake homes were built in the mid-20th century, there are also many modern properties and loft projects to choose from. Sloans Lake homes also make attractive projects to renovators who are looking for older properties to remodel.

What sets Sloans Lake apart from other Denver communities? There are many things that make Denver's Sloan Lake neighborhood attractive to homebuyer, including its convenient location and amenities. The neighborhood is located just five miles west of Denver and offers easy access to Denver's public transportation system. Residents can get to Denver's cultural and business centers by foot or bike. The neighborhood also features the 177-acre park of the same name that features a beautiful lake and recreational area.

Finally, Sloans Lake homes make a great investment since the neighborhood is run by a solid homeowner's association - the Sloan's Lake Neighborhood Association. It is very important that a neighborhood is overseen by a strong association.

Because of its unparalleled convenient location, Sloans Lake homes are a good investment in the present and in the future.

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