The Many Benefits of Living in Cherry Creek Townhomes

By Michael Canon

Just a few minutes south of downtown is Cherry Creek. For residents of Cherry Creek this is a huge advantage as they do not have to use the freeway system to get into downtown. Cherry Creek offers some of Denver's best features right in the city limits. Many new residents of Cherry Creek move there because of the various attractions. As an alternative to houses many people have been looking into Cherry Creek townhomes.

Cherry Creek's culture is suited to fit everyone. Residents can go to the various parks if they want quiet time or they can go to some of the upscale shopping areas in town. The most famous area is Cherry Creek North. This is because it has the best shopping experience in the Denver area. The area is a vast 16 blocks of various stores that can be visited. Cherry Creek Mall is another well known area for shopping and it is not far from Cherry Creek North. There are several stores and venders here that will keep you occupied for hours. If you have children you can take them along as there is a play area for the kids.

In terms of price Cherry Creek townhomes are similar to the condos and are expensive. Because the area is an upscale area the prices are higher. Townhouses can range from $150,000 to $5.7 million with an average value of $375,000. This leads the price per square foot to average out at $310. Exclusive Cherry Creek townhomes are expensive with costs above $600,000 or $600 per square foot.

Many of the homes that were pre-World War 2 homes where replaced with current Cherry Creek townhomes, condos, and single family houses. A major portion of the market that is available to consumers is Cherry Creek townhomes and condominiums. Originally the area was starting to be redeveloped in the 1970s however the redevelopment is still going on today.

Cherry Creek is an important piece in the history of Denver when a small discover of gold made Denver a hot spot to move. In 1860 the three originally areas where renamed to be a single community which has been known as Denver since. Surprisingly enough the original three cities have all kept their unique culture since the merge over 149 years ago.

Cherry Creek townhomes are higher priced due to the upscale city itself. There are currently many new developments planned for the area. Various developers are pricing Cherry Creek townhomes and condos between $400 and $1,000 per square foot. Some of the more expensive units will be above shops and they will be high end condos and townhomes. Cherry Creek is expected to keep growing at a steady pace through the next few years. - 29970

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