or...How home values change from one neighborhood to another...
Did you know that crossing a street in Denver can cost you over $250,000? That won’t be a fine levied by the police, but it will be the average cost increase of a house when you cross from one neighborhood to another.
Obviously, each neighborhood has its pros and cons. But when two nearby neighborhoods contrast greatly, the prices can vary quite a bit.
Here are some examples of Denver neighborhoods that really exemplify this fact:
Congress Park vs Cherry Creek North – Cross 6th Avenue and your home could cost an extra $873,000.
* Congress Park: average home price was $412,000 over the past 12 months.
* Cherry Creek North: average home price was $1,285,000 over the past 12 months.
Homes
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