5280 Magazine – May 2018

(Grace) #1

MAY 2018 | 5280 | (^101)
Clockwise from top: Merne Judson/Courtesy of DIY Furniture; Ali Vagnini/Courtesy of Housefish; Courtesy of the Erb/Steelman Team at Re/Max of Cherry Creek; Courtesy of Trelora; Sarah Boyum; Courtesy of Deborah Espinoza/Coldwell Banker
TRADING PLACES
New to Colorado? Chances are you’re having a diicult time comparing
the market here to the one you moved from. It’s not you. If your former
burg was an apple, Denver is a kumquat—radically diferent (but also
cooler). Because property taxes in Colorado are comparatively low (almost
$2,800 annually for a house valued at $442,000, the median list price of a
single-family home in the Denver metro area in March, according to Zil-
low), newcomers may be able to aford higher sale prices than they could
in cities such as Dallas and Chicago. Below, you’ll ind the median list price
of homes in the out-of-state metro areas that send the most transplants
to 5,280 feet. After factoring in average property taxes, provided by
smartasset.com, paid over a 30-year mortgage, we deduced the equivalent
cost here. Consider this your welcome-to-Colorado gift. —Spencer Campbell
FREE SPACE
Had to settle for less square
footage to afford a place in
Baker, Berkeley, or, at this
point, Broomfield? We’ve
rounded up products from
local companies to help you
maximize the room you
do have. —Jessica LaRusso
DESIGN IT YOURSELF
Mixing and matching DIY Furniture Store’s
finishes, shapes, and leg colors on its website
is the adult equivalent of Build-a-Bear. And
its choose-your-own-dimensions feature
makes the Denver outfit the ideal place to
buy coffee and dining tables (pictured above)
for hard-to-fit places. diyfurniturestore.com
COMPARTMENTALIZE
Mass-produced silverware trays and jewelry
holders leave valuable space unused.
Organize My Drawer lets you create
custom acrylic dividers that fit perfectly
into any drawer. Simply take down your
measurements and build your pieces using
the Centennial company’s online interface.
organizemydrawer.com
GO VERTICAL
Available in two wood finishes, Globeville’s
Housefish’s Key storage modules (pictured
below), from $494 each, can be stacked
up to five high—giving you 23 cubic feet
of storage (basically the size of a typical
refrigerator). housefish.com


REAL


E S TAT E


2018


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LOS ANGELES
Median list price in the City of Angels: $686,000
Annual property tax bill there: $5,145
eThe Denver equivalent: This 2,159-square-foot
Congress Park Craftsman, which sold for $715,000
Transition tip: A few blocks away, Snooze: An A.M.
Eatery boasts the most popular brunch in town. The
sometimes hourslong wait will seem completely
normal to Angelenos.

CHICAGO
Median list price in the Windy City: $267,000
Annual property tax bill there: $5,260
eThe Denver equivalent: This one-bedroom condo
in Five Points, which sold for $350,000
Transition tip: Miss the L train system? No problem.
You’re across the street from RTD’s 30th & Downing
Station, where the...wait for it...L Line will take you
into downtown Denver.

DALLAS
Median list price in Big D: $325,000
Annual property tax bill there: $5,948
eThe Denver equivalent: This two-story house
in north Denver (almost Westminster), which
sold for $440,000
Transition tip: Toast your newfound domestic
bliss with a Dame Blanche Witbier at nearby
Bruz Beers.

WASHINGTON, D.C.
Median list price in the District: $417,000
Annual property tax bill there: $3,628
eThe Denver equivalent: This century-old, just-
more-than-1,100-square-foot house in Washington
Park, which sold for $430,000
Transition tip: Washington Park, a five-minute walk
away, is even more beautiful than the Washington
Monument (or so we like to think).
Free download pdf