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Cheaper than renting? 'Absolutely,' says David Weekley at Midtown, 10 minutes from downtown Denver, Highlands

By Mark Samuelson

David Weekley s Michelle Wood (left), Allison Glover and Ashley Hargrove show off their model, across from Midtown s newly completed retail center and community garden.
A year ago it took a little imagination to see what was coming to Midtown, the new-urban master planned community where David Weekley Homes has sold 80 new single-family homes, ten minutes from Highlands, LoDo, and downtown. Today and tomorrow you can not only tour David Weekley's fast selling models, but see some attractions that were only on the drawing board before: a 12,000-square-foot retail space, amphitheater/pavilion, and a community garden that's already brimming with produce planted by Midtown residents.

"This is not Highlands Ranch," says David Weekley's Michelle Wood, who'll join Allison Glover and Ashley Hargrove in showing you a new home neighborhood that has much better access to downtown attractions than typical suburban areas. More diverse, too, she says; and definitely less expensive.

So much so, adds Glover, that many of David Weekley's sales are going to newlyweds, about-to-be-marrieds and other buyers that were renting before - who have been effectively priced out of the market by rising prices around downtown Denver. Those buyers like the low-maintenance yard size, as do many of the older 'downsizing' buyers that have been purchasing at Midtown from David Weekley.

"We see people who were paying preposterous amounts to rent downtown," Glover says. Their purchase choices are limited to smaller, older homes, or condos and townhomes that have high HOA fees; as opposed to single-family homes they're seeing here - more space, a 2-car garage, a basement (more than 50% of David Weekley buyers are choosing to order even more finished space in the basement up front), and new features and energy performance. The monthly metro district fee, for community upkeep, trash and snow removal, is only $65 a month.

Meanwhile, this is ten minutes from Highlands, ten minutes from downtown. "Many of our residents are going to the same places to hang out; while it cuts their commuting time into downtown," notes Glover. More than a few have one spouse headed for work downtown via I-76 just south, and a second headed up U.S. 36, just north, to Boulder. All of them, she says, like the quick getaway to the mountains from this site.

You can also see some homes headed for early completion, three in September - one a 'Bisque' 3-bedroom, 2-1/2 bath plan, 1,511 square feet plus basement at $350,000; also a 'Magenta' with main-floor master, $390,360. Each comes with a 3-year energy performance guarantee by Environments for Living, front landscape with irrigation and rear fence, and a security system that includes a year of monitoring. If you're a Realtor, you can take a 4% co-op on the full price of any home that closes by Sept. 30. David Weekley has refreshments out today; open Labor Day, too. To reach from downtown, take I-25 north to I-76, then west a mile to Pecos, and north to W. 67th.

WHERE: David Weekley Homes at Midtown, master-planned community 10 min. from downtown; 2-to-4-bed single-family homes with full basement, 2-car attached garage; amenities; 2 homes for early move-in; 4% co-op on any sale that closes by Sept. 30; RTD Gold Rail opens 2016; refreshments today. Pecos St. at W. 68th, Denver; from U.S. 36 Tnpk take Pecos south ¾-mi. to W. 68th; or from I-25 take I-76 west 1 mi., exit Pecos, north to 68th

PRICE: From $322,990, early move-in from $350s

PHONE: 720-838-2206

WEB: DavidWeekleyHomes.com

Mark Samuelson writes on real estate and business; you can email him atmark@samuelsonassoc.com. You can see all of Mark Samuelson's columns online atDenverPostHomes.com

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