Lakewood, Colorado, is the most populous city in Jefferson County, with more than 142,000 residents. The city is just to the west of Denver. In fact, many of the people living in Lakewood work in and around the Denver area. Finding a home to buy or rent here is a challenge, but with the right patience and real estate help, it may not be as difficult as you think.
Lakewood, CO is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Lakewood, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Lakewood, CO is seeing rapid growth and Lakewood, CO's' housing market remains optimal with an average home price that is -100% below the 2023 national average. Lakewood, CO is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Jefferson is 0.7% which is below the national average, which is 0.99%.
Housing Statistics The median sale price of homes in Lakewood in the second quarter of 2013 was $240,000. This is up more than 14 percent from the previous year. Over the last year, 1832 homes were sold in this region. Over the last six months, 879 homes have sold. This is more than 31 percent higher than in 2012 during the same time period.
Tourist Attractions The city is considered to be a welcome tourist destination, simply because of its proximity to Denver and the various ski resorts in the region. However, when you take a closer look at this city, it has its own draws for residents and travelers. A visit to the Old Villa Italia Mall may be worthwhile for those who love to shop. It is now a public space with various cultural events taking place in it. A trip to Casa Bonita may also be worthwhile for Mexican food lovers. The Lakewood Heritage Center and Lakewood Cultural Center are also in the region. There are theaters, gallery space, classrooms, and historic buildings as well. From old architecture to the easy access to Denver, there are plenty of reasons you'll enjoy the overall amenities of this area.
Local Restaurants When choosing a place to purchase a home, knowing there is good food in the area is critically important. The Elephant Bar Restaurant is one of the best locations in Lakewood for American cuisine. For some delicious grilled food, visit 240 Union Restaurant, Chad's Grill, or Baker St Pub and Grill. Cafe Jordano is a popular Italian restaurant that lots of positive critical and popular reviews. For Japanese food, check out Kobe An.
Neighborhoods in Lakewood Since Lakewood is a large city, many people may want to find the perfect neighborhood before making a buying decision. Here are some you should know about: Barnum: Barnum is one of the larger neighborhoods in the city with more than 1600 homes. It has moderately priced homes with large yards as well as various commercial areas with banks and shops.