By Hannah Goodman of Trulia
Denver, Colorado is home to many outdoor enthusiasts, some incredible craft breweries and steadily growing technology and telecommunications industries. According to the Federal Bureau of Economic Analysis and the Denver Business Journal, the GDP for the Denver metropolitan area grew 6.5 percent in 2014. That exponential economic growth has also had a marked effect on the Denver housing market, where the average price of a home has appreciated by 46.2 percent over the last five years. In fact, in a recent study by Trulia, Denver was named as one of the best places to own a home since the housing market bottomed out in 2012. Taking into consideration, job growth percentage, percent change in wage, unemployment, vacancy rate, and change in home values, the Denver metropolitan area ranked third, behind San Jose, Calif., and San Francisco, Calif.
In addition to a booming economy and housing market, Denver was recently honored as one of the highest ranked metropolitan areas in the city for LEED (Leadership in Energy and Environmental Design) building, and thus is home to many environmentally friendly buildings, including Union Station and the Alliance Center. However, the most energy efficient area of the city is Stapleton. A 7.5 mile long, northeastern Denver neighborhood, built on what once was the Stapleton Airport. The area is home to over 6 LEED certified office and public buildings, in addition to state-of-the-art new construction residences. So how much does a piece of this suburban paradise cost? With homes priced from $200,000 to over $1 million LEED-certified homes are available for every budget. Additionally, Stapleton boasts access to over 1,100 acres of land designated as open space. That land includes Central Park, the third largest park in the Denver area. Stapleton is almost entirely walkable and soon will feature a commuter rail line to Downtown Denver.
With Stapleton setting the example for affordable green LEED friendly construction in Denver, other neighborhoods have begun to follow suit, including Capitol Hill and Curtis Park, contributing to Denver’s high LEED rating. Although Denver and Stapleton have made a marked effort to become more efficient it is worth noting that they were not the first. Chicago, Illinois, ranks first as the City with the most LEED certified projects. Green energy efficient building is not only good for the environment, but can help keep your bills down. Searching for your next home in Denver? Consider investing in one of the city’s many LEED Certified homes....