New Condos For Sale in Greenwood Village, CO - $250,000 to $500,000 - Updated Every 15 mins.

+ How much do condos and townhouses cost in Greenwood Village, CO cost?

When it comes to homes in Greenwood Village, CO, the steep price point is typically the issue brought up the most. A well-known luxury community, homes here can range anywhere from $300k for smaller starter homes to six figures for larger, upscale homes. As of Jan 2021, the median list price is $1.75 million. But compared to neighboring Cherry Hills Village, another luxury community with a median list price of $2.3 million, Greenwood Village homes are actually a steal price-wise. For more information about the market trends in Greenwood Village, CO, click here.

+ What's it like to live in Greenwood Village, CO?

Like everywhere else, living in Greenwood Village, CO has its pros and cons, but the former easily outweighs the latter. For one, there’s nature and open space in spades, giving the city that rural, small-town feel, despite it being so close to metro centers like Denver and Aurora, which are just 20-30 minutes away. By all accounts, Greenwood Village, CO is a small city, making it very accessible to pedestrians. With some 20+ supermarkets and 200+ restaurants littered throughout, you don’t have to go very far to go shopping or to eat out. Being so close to Denver and Aurora means less commute time as well, especially when they take the light rail or bus at the Orchard Station.

+ What is Greenwood Village, CO known for?

The weather is more temperate than its northern neighbors’, too, and it’s a well-known fact that more affluent people from surrounding areas buy summer homes here to get away from the cold. But it’s not just rich people moving to Greenwood Village, CO. People who own and love horses find the city desirable because not only are horses allowed on your property, you can ride them on the trails and even bring them to equestrian parks like Alexander Lane Equestrian Park. It’s also really close to the Denver Tech Center, where local jobseekers can find plenty of work opportunities from major employers like Comcast, Allegiant, and JP Morgan without going too far from home.

+ Most common home features in Greenwood Village, CO?

The most common home type in Greenwood Village, CO is 3-4 bedroom single-family detached dwellings. There are also a number of apartment complexes of different sizes, as well as a few high-rise apartments here and there. Common amenities include but are not limited to heated pools, hardwood floors, and fireplaces. One thing to consider is that at least half of the homes here were built before 1990, so updates and renovations might be things you want to take into account budget-wise when purchasing.

+ Is Greenwood Village investor-friendly?

Investor buyers should be aware of the following facts: 1) More than 70% of Greenwood Village residents are homeowners, and the majority of the rental real estate in the area are apartment complexes; 2) There aren’t a lot of lots available for buyers who want to build; 3) Nearly half of the homes in Greenwood Village, CO were built before 1990, which might affect your ARV and your cap rate; 4) Home appreciation rates in Greenwood Village, are higher than most of the country’s, going up by 76.26% over the last decade, which is 5.83% year-over-year; 5) Its accessibility to Denver and Aurora are major selling points to potential buyers or renters.