Rowley Downs neighborhood Real Estate Market Update
Rowley Downs Neighborhood Real Estate market Update April 2017.
Rowley Downs in Parker, Colorado is best known for two things. Large quarter acre lots and an ideal location close to the activities and amenities of downtown Parker, CO. Most of the lots in Rowley Downs are large flat lots located on cul-de-sacs or at least very near cul de sacs.
The Cherry Creek Bike Path Trail is accessed at the entrance to the neighborhood so you can easily ride or walk right into the Town of Parker in minutes. This is great because there is typically something fun going on in the Town of Parker every weekend. There is something fun for everyone…Farmers Market, Art Shows and of course the Parker Days Carnival Festival.
HOA Fees are relatively low at about $140 per quarter and property taxes run around $2,000 to $2,500 per year for a home that will cost you between $350,000 and $575,000.
Most of the homes in Rowley Downs were built between 1973 and 1995. Expect to find homes that could need some updating if that is something that interests you. Sweat equity can go a long way in these homes and you could see a nice return on your dollar. Older homes that have been remodeled in Rowley Downs fetch top dollar in any market but the large lots and location sure help. Anyone looking to do remodel work and earn sweat equity fixing up a home should seriously consider Rowley Downs as a good spot to invest their money.
Did you know home prices are up 15% in Rowley Downs since 2014?
Iron Horse Elementary School is the neighborhood Elementary School.
Real estate market report 2017 for Rowley Down neighborhood.
If you bought a home in Rowley Downs in 2014 the average sales price was $374,467 and for the past 12 months the average sales price in Rowley Downs is $434,900. That is a 15% increase in the average sales price.
- Number of homes sold in the last 12 months = 22
- Average sale price $434,900
- Average days on market = 23
- Average price per sqft (total sqft) $134.73
- Average price per sqft (above grade sqft) $190.81
- Percent difference between asking and sales price 97.30%
- Average original asking price $441,909
- Average total sqft of the sold homes 3,253