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Types Of Property For First Time Home Buyers In Denver

Find out if the type of property you would like to buy will qualify for a first time home buyer program. Please call (303) 222-0027 or e-mail contact@firsttimehomebuyersdenverco.com for a free list of programs.

The Denver metro area has a variety of properties for first time home buyers. Depending on your lifestyle, which neighborhood you’d prefer, and what you can afford, we can help you choose the best type of property.

Condos For First Time Home Buyers
Condos in the Denver metro area range from 400 square feet to 5,000+ square feet, from affordable to luxury. If you’re considering buying a condo as your first home, it’s important to find out what the monthly HOA (homeowners association) fee is and what it includes. Also, you can compare condo building amenities (fitness room, swimming pool, dog park area, etc.)

Lofts For First Time Home Buyers
Most of the lofts in the Denver metro area are located in LoDo, which is just north of downtown Denver. Some are in historic buildings, dating back to the late 1800’s, while others were built in the past twenty years. Many of the historic lofts don’t include garages or off-street parking.

Townhomes For First Time Home Buyers
Townhomes are like a cross between a condo and a house. Many townhomes in the Denver metro area are 2-story or 3-story, and they often include private outdoor living space. You’ll have a small deck and/or yard. With many townhome associations, you don’t have to worry about yardwork or exterior maintenance of the building.

Duplexes and Triplexes For First Time Home Buyers
In Denver, there are thousands of duplexes and triplex sprinkled throughout some of the most popular neighborhoods (Highlands, Washington Park, Congress Park). Duplexes are 2-unit buildings, and triplexes are 3-unit buildings. Typically, there’s no monthly association fee. Instead, you and the other owner(s) decide when and what to repair and maintain.

Single Family Homes For First Time Home Buyers
Single family homes in Denver can often be easier to finance for first time home buyers than condos, lofts, townhomes, or duplexes and triplexes. With most single family homes in the Denver metro area, there’s no monthly association fee. Particularly in central Denver and parts of Aurora, there are smaller houses, in the 600 square foot to 1,200 square foot range. Most homes in Denver also have basements, which can be used for storage space and/or livable space.

Wondering which type of property you can afford? Give us a call, and we can choose your favorite zip codes (or areas of Denver) and run you a report on what’s available in your price range.

For further information on the types of properties in Denver that are available for first time home buyers, or to get a free list of what’s for sale, please call (303) 222-0027, or e-mail contact@firsttimehomebuyersdenverco.com.

Note: If you want to track what’s happening in Denver’s real estate market, let us know, and we can set you up on free e-mail alerts about available properties. You choose the price range, type of property, area of Denver, and frequency of e-mails. This is a great way for first time home buyers to get a sense of what they can afford and how quickly property is selling in the area.