LoHi Denver: Should You Buy New or Go for Vintage

Whether you prefer to live in a Victorian, a Craftsman bungalow or a modern shipping container home, you can find a lovely mix of vintage and modern in Denver’s LoHi. Also referred to as “Lower Highlands,” LoHi just northwest of downtown. If you are relocating to Denver as part of a corporate relocation or interested in moving out of the suburbs and into the “it” place, LoHi is a stellar choice. A seasoned Realtor can help you find LoHi existing homes or new construction with roof top decks and stunning views of the Rocky Mountains and the vibrant downtown. Many people who like LoHi also like to house hunt in nearby communities such as West Highland, Sunnyside, Berkeley and Sloan’s Lake which are also part of Highland Central. Expect to pay at least $400,000 to $600,000 for decent homes in Highland Central. With more money, you can buy existing homes that have been completely renovated as well as high-end new construction houses with a modern feel. According to an article by U.S. News & World Report, there are some distinct advantages in buying new, but ultimately it’s a matter of preference and budget.

Going for the new build

When you buy a new construction duplex, modern loft, home or townhouse, you can often customize the space to what you like. Most newly built homes are more energy-efficient and include modern features that you won’t find in a vintage home unless it’s been renovated. For people who don’t like any unexpected expenses related to maintenance and home repairs, new construction real estate in LoHi is a better choice. Most new homes are still under warranties. A good Realtor can negotiate with the builder so you can receive builder incentive such as help with closing costs or a decorating allowance.

Choosing a vintage home

In LoHi many homeowners have lovingly restored their Victorian homes, Denver Squares, Craftsman bungalows and homes with other vintage architectural styles. Some of the advantages of owning a vintage home include living in a home with history, being on a quiet street in an established neighborhood that is within walking distance to galleries, restaurants and coffee shops. If you like to decorate with vintage furniture and décor items, a vintage home could provide a better backdrop. Also, some homeowners love finding vintage tiles and retro appliances to showcase in their home.

At Peter Hauben Real Estate, we can help you house hunt for a home in the LoHi neighborhood or anywhere in the Denver area. If you are trying to sell your home in the Highland Central area, depend on us to market and show your property as well as negotiate the best deal on your behalf.

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