Cottonwood neighborhood may offer the most affordable homes by price but don’t be fooled. The average price per square foot is high at $187 and this is the price per total sqft not just above ground sqft. The above ground price per square foot is $245.00 for the previous 6 months ending on April 24, 2017. That price per sqft is equal to any custom home I could show you in Parker, Colorado. Seriously!
Cottonwood neighborhood struggled during the market down turn from 2007 to 2009 but investors and fist time homebuyers came in and purchased these homes at record pace. The investors and mostly the first time buyers got to work transforming these homes and upgrading them to the point that now there are a lot of really nicely upgraded and remodeled homes in Cottonwood. Don’t believe me? Try to buy a home in Cottonwood…it is fast becoming a highly desirable neighborhood and homes fly off the market in days.
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Simple…Location, location and more good old fashion location. Parker Adventist Hospital is located about 1 mile away. Then Costco opened a hugely popular store less than a mile away. Then King Scoopers (our local grocery stores) took notice and totally revitalized and remodeled their once scrapped King Scoopers grocery store located at the entrance to the Cottonwood Neighborhood in Parker, Colorado. Now look at all the development going on around Cottonwood. Boondocks, Gander Mountain Sports, new apartment developments and of course Lifetime fitness. All of this and more development to come created a BOOM in the Cottonwood Neighborhood. I honestly see no end in sight for the popularity of this once sleepy and often overlooked neighborhood.
Plan on spending $200,000 to $400,000 for a home in Cottonwood. See all the homes currently for sale in Cottonwood below. Don’t be surprised if all of them are under contract and there are zero active listings.
For a showing on any home in Cottonwood call Steven Beam at 303-941-4663