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Sloans Lake homes">It's a common question. How do you know if a home is a good investment? There are many factors to evaluate when purchasing a home, but a potential home's neighborhood is one of the mostimportant things to consider. In the current real estate market, it is crucial to evaluate a neighborhood, along with the property itself, since the neighborhood will have a large impact on the home's current and future value. Homebuyers are very concerned with a neighborhood's desirability and reputation, especially in slower real estate markets. Denver's Sloans Lake neighborhood is a perfect example of this, since Sloan Lake homes have not only held their values quite well throughout the real estate downturn, they have risen. According to Zillow.com, the average price point for a Sloans Lake home is $275,000, making it more affordable than surrounding neighborhoods. However, don't let this lower price point confuse you, since Sloans Lake property values have performed extremely well throughout the real estate downturn, boasting a year-over-year average home value appreciation of nearly 10 percent. This is obviously quite impressive in the current real estate market, and a sign that Sloans Lake homes are a sound investment. If this up-and-coming Denver community has been able to withstand the past few years, there is nowhere for prices to go but up in future years. Why have Sloans Lake homes proven to be such a good investment over the years? One of the most desirable things about Sloans Lake homes is that they are made up of a an array of appealing architectural styles, including well-liked bungalows, so there is something for every homebuyer. While most Sloans Lake homes were built in the mid-20th century, there are also many modern properties and loft projects to choose from. Sloans Lake homes also make attractive projects to renovators who are looking for older properties to remodel. What sets Sloans Lake apart from other Denver neighborhoods? There are many things that make Denver's Sloan Lake neighborhood attractive to homebuyer, including its desirable location and amenities. The neighborhood is located just five miles west of Denver and offers easy access to Denver's public transportation system. Residents can travel to Denver's cultural and business centers by walking or riding a bike The neighborhood also boasts the 177-acre park of the same name that boasts a beautiful lake and recreational area. Finally, Sloans Lake homes make a great investment since the neighborhood is run by a strong homeowner's association - the Sloan's Lake Neighborhood Association. It is very important that a neighborhood is overseen by a strong association. Because of its unparalleled convenient location, Sloans Lake homes are a good investment in the present and in the future. Visit our website for information on Sloans Lake homes
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