Berkeley and the Tennyson Street Corridor: LoHi's More Affordable Neighbor
Berkeley has developed into one of northwest Denver's most interesting residential markets over the past decade, anchored by Tennyson Street's independent retail and dining corridor that rivals 32nd Avenue in its local business character and weekend energy.
Berkeley's price points are generally more accessible than LoHi and West Highland: single-family homes from approximately $550,000 to $900,000, with smaller condominiums and townhomes providing entry points below $500,000 in some cases. For buyers who are attracted to the Highlands character, the Victorian architecture, and the independent commercial corridor culture but whose budget does not comfortably reach West Highland or LoHi pricing, Berkeley delivers equivalent neighborhood character at meaningfully lower prices.
Tennyson Street's restaurants, coffee shops, galleries, and boutiques create the same kind of walkable commercial community that 32nd Avenue provides for West Highland residents. The farmers market, community events, and the street's active weekend character give Berkeley residents genuine neighborhood social life without requiring access to LoHi's more expensive addresses.
For investors, Berkeley's more accessible price points combined with the neighborhood's improving character and the Tennyson Street activation provide investment returns that LoHi's higher price tier cannot match on a gross rent multiple basis.
Corken + Company | 303-858-8003 | corken.co
