When you are looking to move to a new city or neighborhood, there are several considerations about the area you want to make before coming to a final decision. You need to understand the hard facts about the area, including the current demographics and the state of the real estate market. In addition to the hard facts, you also want to have a good understanding of the community itself and the amenities that will surround your new home.
LoHi Denver is an up-and-coming neighborhood with a boom in popularity over the last several years. This increase in population and businesses is turning LoHi into a popular destination for those looking to move to the Denver area. LoHi is an urban area, but it has the features of a small community, including many local restaurants, annual event traditions, and ease of walking and biking, making it simple to travel around the neighborhood. Browse this list for four reasons to move to LoHi Denver.
Real estate market
The real estate market is another crucial consideration when you are looking to buy LoHi Denver real estate. The median sale price of a home in LoHi is $800,000, up 25% yearly. LoHi homes typically sell after five days on the market, a decrease of one day yearly. Lohi Denver luxury homes tend to sell above the asking price.
If you want to ensure a competitive bid on your LoHi dream home, you will want to prepare as much as you can in advance. You need to be ready to move quickly and offer more than you would otherwise. There is a shortage of real estate inventory in the LoHi market, which means that you will likely be competing against at least one other potential buyer.
When you are looking to move to a new neighborhood, you also want to understand the type of transportation available throughout the area. Highland has a walkability score of 85 and is considered the eighth most walkable neighborhood in Denver. You will not need a car to stay within the neighborhood, as most everything is within walking distance. The average resident in Highland can walk to ten restaurants, bars, and coffee shops within five minutes.
LoHi has a bike score of 89, meaning you will likely want to buy a bike when you move to the area. Highland has several bike shops like SloHi Bike in the area, whether you want an e-bike or traditional 10-speed. When you need to leave LoHi, you have several options as well. LoHi Denver real estate owners have the choice of seven bus lines that pass through, with the ability to travel far outside the neighborhood in only 30 minutes.
Owners of LoHi Denver luxury houses have many dining options located within the neighborhood. There are 23 restaurants and some of the city’s best bars. No matter what type of food you are craving, there is a restaurant in the LoHi area that can meet your needs.
Wildflower is a hidden gem with flower-infused cocktails and a sophisticated menu with similar Colorado influences. If you want to try a neighborhood staple, you’ll want to stop by Tamales By La Casita, a restaurant that has kept its iconic menu for decades. If you need to feed your entire family, but no one can agree on where to go, try out Avanti F&B, a collective eatery. This location has seven food stalls under one roof, offering a wide variety of options, including pizza, burgers, Venezuelan, and Chinese cuisines. The Truffle Table is a wine and cheese bar that is perfect for a date night on the town. You can combine a number of imported wines and enjoy an order of baked Brie or fondue for two.
You will always have something to do in the neighborhood after you buy one of LoHi Denver’s luxury houses. Highlands Square is home to a farmer’s market, street fair, Harvest Festival, Taste of Highlands, Holiday in the Highlands, and participate in the LoHi Pride Festival and Music Fest in June. Businesses around LoHi often host their own smaller events, including yoga, networking, and trivia nights.
Consult this list when you are looking for reasons to move to LoHi and buy your own piece of Denver real estate. With a high walkability score and a number of restaurants and activities, LoHi may be the perfect place to find your dream home.
When you are ready to begin the search for your perfect home in LoHi, you want to work with a real estate group that puts people before properties. You want a real estate group that makes the homebuying process as stress-free as possible while ensuring that they meet your needs and get you the best deal.
The Grant Muller Group holds relationships above revenue and advocates for their clients throughout the buying and selling process. The team at Grant Muller offers extensive knowledge of the LoHi area and housing market — reach out to them directly when you’re ready to start your search for your dream home in LoHi Denver.