Centennial housing prices are up 6.4 percent from a year ago, according to Zillow (as quoted in the Denver Post).
But my bet is that if you own a Mid-Centennial Modern gem, you can sell it for much more than you paid. It’s those magnificent windows I say!
For example, let’s take a look at recent MCMs sold/selling in our neighborhood.
There is 7090 S. Cherry Street, which Zillow tells me JUST SOLD for $341,000, up from its $339,900 price tag. That’s also up from the $201,300 it sold for last August! Of course the in-between owners apparently invested a chunk of change in the makeover: “new kitchen,” “new oversized 2 car garage,” and “new fence.” And not sure what happened here, but apparently the prior-prior owner also added new upstairs windows, roof and gutters in May 2013. I do love that horizontal privacy fence in the patio…
Redfin points out that this modern MCM at 2723 Euclid is under contract. List price is $375k. Last sold for $304,900 in June 2010. I’ve always admired that garage door. And, oh, those horizontal fences (definitely one of the better looking ones in the neighborhood)!
And while this updated MCM on 3152 E Weaver Ave. didn’t get its $385k asking price, looks like the seller settled for a cool $360k. That’s up from the $322k it sold for a year ago January!
On this high note for the neighborhood, I do want to point out these modern-style homes are still infrequent on the MLS. If you spot one, let me know and I’ll try to include in my next round up.