I do not know whether to laugh at my bank or take them seriously.

P.S. Denver is the new San Francisco when it comes to real estate. Panic and get out or ride it and profit.

I inspected half of a duplex in Denver today. 2 bedrooms, 4 baths, 2 car garage, $815,000. Copper gutters as well. Insane.

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Originally Posted by USMC88-93

Right behind the 7-11 with the skinny 1st floor garages... I know it well I'm in there fairly regularly

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Yep that's the one. I've been there since 2009. PM me if you'd like to ahead of your next visit. I'd be glad to meet you.

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Originally Posted by Irving

I inspected half of a duplex in Denver today. 2 bedrooms, 4 baths, 2 car garage, $815,000. Copper gutters as well. Insane.

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why does something like that even exist? If you can afford $815K why in the hell would you live in a duplex? I guess it has to be location, location, location....

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Originally Posted by jhood001

List your place for 310k and walk away when it sells in under 2 weeks.

Or pay the taxes.

Or collect recent sale values in your area (that are collectively lower than your assessment) and submit them. The benevolent State does change their mind when presented with evidence... sometimes.

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If you have the flexibility to move to a different housing market, selling high here and buying low somewhere else is of course the best option. Selling high here, and then buying high in the same (or another) market doesn't really do you any good.

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Originally Posted by Sawin

why does something like that even exist? If you can afford $815K why in the hell would you live in a duplex? I guess it has to be location, location, location....

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Originally Posted by Sawin

why does something like that even exist? If you can afford $815K why in the hell would you live in a duplex? I guess it has to be location, location, locations....

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It's very common in Denver. Tear down old house, build enormous duplex that fills entire lot, next to other houses that are a 1/3 the size and a 1/4 the price.

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Originally Posted by Irving

It's very common in Denver. Tear down old house, build enormous duplex that fills entire lot, next to other houses that are a 1/3 the size and a 1/4 the price.

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Happening in West Denver all over the place.

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Originally Posted by Irving

It's very common in Denver. Tear down old house, build enormous duplex that fills entire lot, next to other houses that are a 1/3 the size and a 1/4 the price.

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I thought it "was" common in Denver for some time and then they banned scrape-offs not long ago?

I took photos of a house being razed earlier this year, but I can't say I know about where you can and can't raze a home. That street was funny because you could look down the street and see mostly smaller homes from the 1940-1950's, then every few houses would be what they refer to as a McMansion.

EDIT: FOUND IT.

Here is the photo. I don't have the picture of the street anymore, but it is the 800 block of Monroe St in Denver. You can see if you go to Google Maps and street view, but there are so many trees it's hard to tell.

https://lh3.googleusercontent.com/-o...=w1602-h901-no

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Originally Posted by cfortune

F digging fence posts.

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Better option...

http://www.columbiaheightsrental.com...ohlas1bhts.jpg

I will never hand dig a post hole again, we got the auger attachment for our skid steer for a project with work, and our 2' caisson holes are a cinch...


As for real estate, it is nuts.

We bought our house in Longmont in 2011, and will be listing it in the next 2 months or less, and listing it for $200k+ more than we paid. We were blessed with a great price on a distressed short sale, but that only makes the profit better.