Highline Canal

OK, you live in Denver, you’re relocating to Denver, or you have just always wanted to live in one of Denver’s prestigious residential communities. So today, employing 2012 and prior years data, let’s have a smack down: which is the most affable, economical and beneficial choice between Cherry Hills Village, and Greenwood Village? Please note Greenwood Village has been divided between Cherry Creek and Littleton School Districts. Cherry Hills is located entirely within Cherry Creek School District.

Additionally, there are many parameters assisting home buyers with their choice matrix. The one’s employed in this analysis are primarily economic centric.

First, let’s look at Cherry Hills Village, Colorado. Cherry Hills have virtually no commercial zoning. As a result, its property taxes are the highest on average. On the other hand, it has very little “tract type” development, so it has the largest average site sizes. This results in the highest average price, and the highest average price per square foot of above grade finished area.

Advantage for Category

Next, let’s take a look at Greenwood Village feeding into the Cherry Creek School District. It has the most “tract type” development, and as a result, by far has the smallest average site sizes. Additionally, its average property tax is less than half that in Cherry Hills Village. It is the economical choice.

Last, but clearly not least, a portion of Greenwood Village, Colorado feeds into the Littleton School district. Due to its size, the volume of sales is significantly less than the other two areas surveyed, but there are some important facts to observe. This area has very few “tract style” developments and the average site size is up from the other portion of Greenwood Village.

So, those of you still with me are asking, well? Well, I’ve lived and worked in and around both of these communities for many years. I’ve friends, clients and associates living in both communities, and here’s my answer. If you are a Freegan like me, Greenwood Village wins hands down. Its tax structure from a City Budget having a very diverse source of income will continue to win the battle of tax rates for many years to come. It also has areas of town with very large sites like Cherry Hills, and it has areas with very “affordable” homes very close to employment centers.

On the other hand, Cherry Hills Village has some very special streets and communities clearly setting the standard for high end “Mansion” type living that out stripes Greenwood Village.

All told, it is easy to see why both communities demand their current price levels, attract the following of home buyers constantly working to obtain the status of these addresses and enjoy the lifestyles available to their owners.

So, what’s the answer to this Smack down Question? For me, it would be Greenwood Village, but for you, there might be a more pressing issue in your decision matrix. Let me help you find your dream home.