Just Sold: 814 S High Street, Denver, CO (Wash Park)
Asking Price: 679k
Sold Price: 660k (I represented the Buyers)
My latest sale was in East Washington Park, or as most refer to it: Wash Park (Denver). With pop tops and remodels so expensive in this area, my clients decided to buy a bungalow and pop the top for a second floor themselves. In a low inventory market that we’re currently in, this is a smart strategy, as long as you’re ok with 6 months or so of construction taking place. Price per sq foot in this area is easily over $400/sq ft currently, and you could add sq footage for roughly $175/sq ft. Investors call this strategy a value add scenario or creating sweat equity. Sound like something you’re interested in? Shoot me a message, happy to discuss all options.
Photos of this Wash Park sale: