Olde Town Arvada, the city’s downtown district, offers a collection of shops, galleries, restaurants, and breweries, surrounded by houses, townhomes, and condos.
The neighborhood provides easy walkability, and when RTD’s G-line started operating in 2019, it added easy access to downtown Denver or Denver International Airport. The light rail also made it convenient for people across the metro to visit Arvada.
“There’s always something to do in Olde Town,” says Aimee Quarantino, an 8z Real Estate agent who grew up in the neighborhood and still lives and works there.
“I live, eat and breathe A town! I’ve seen the beautiful, caring growth this town has endured and brilliantly adapted to for the past 30 years. It’s been fun to watch the growth, the popularity while keeping its stable, humble Olde Town feel.”
Colleen Waldorf, a West+Main Homes agent who lives north of Olde Town, says the neighborhood provides something for everyone. “We could easily spend all of our time there.”
Olde Town creates a wonderful sense of community and provides a mix of parks and walking and biking paths, plus plenty of opportunities for small businesses, Waldorf says.
“It continues to grow, but still keeps its sense of small-town feel,” she says.
What’s available?
Olde Town Arvada offers a mix of single-family homes, condos and townhomes.
The single-family homes include brick ranches built in the 1950s and 1960s with 1,200 feet on the main floor and finished basements, farm-house-type homes with small front porches, a few tri-level homes and a handful of early 1900 Victorian homes.
The average price for a single-family house is $525,00 to $550,000. Larger homes with more bedrooms and bathrooms sell for $625,000 or more.
Houses typically stay on the market for three days and often go under contract on the day they are listed.
Buyers need to be prepared to move quickly and offer more than the list price, Quarantino says.
“I tell people, if you have to sleep on it, you won’t sleep in it.”
New development off 52nd and 53rd streets near Carr and Allison streets, including new townhomes and new single-family homes, will help ease the housing crunch. But she predicts they won’t be available for long.
“These homes will sell fast because they are new and closer to Olde Town Square,” she says. “They are right in the sweet pocket.”
Who’s moving in?
Young professionals, both singles and couples without kids, are buying condos and townhomes. Millennials, especially pet owners who are tired of paying rent, are eager to buy existing homes with yards as older residents move out, Waldorf says.
Quarantino says the neighborhood appeals to first- and second-time homebuyers who want to be close to restaurants and businesses.
But she says some younger buyers will need to be patient because many longtime Arvadans want to stay in their homes. “There’s a strong group of 70- to 80-year-olds who are healthy, happy, and Arvadan proud.”
The neighborhood also appeals to out-of-state buyers.
“I work with buyers who drive to Olde Town Arvada and say they fell in love with the town and only want to buy their new home in Olde Town,” Quarantino says.
Get to know the neighborhood
Olde Town will continue to be vibrant with its mix of businesses and activities, says Quarantino, who doesn’t plan to leave the area.
“We’re proud of our community and love to show off the changes,” she says.
The news and editorial staffs of The Denver Post had no role in this post’s preparation.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
