Highlands / LoHi Pricing Strategy currently: How Sellers Get the Number Right in Northwest Denver
Pricing in the Highlands and LoHi market requires the submarket and product-type specificity described throughout this series. A LoHi contemporary townhome is not comparable to a West Highland Victorian single-family home, and pricing either based on broad Highlands averages produces systematically incorrect results.
For LoHi townhomes, the comparable analysis uses similar-vintage, similar-size townhome closings in the same LoHi micromarket from the past ninety days. Development vintage matters: a 2015 LoHi townhome competes against other 2010-2018 vintage product rather than against 2022-2024 new construction that delivers current standards as baseline.
For West Highland Victorian single-family homes, the comparable analysis reflects renovation quality, lot size, street character, and proximity to the 32nd Avenue corridor as specific value variables. The premium that the most significantly renovated Victorian homes command over minimally updated alternatives is real and consistent, and the comparable analysis should reflect this rather than averaging it away.
Berkeley's market is priced against its own submarket comparables that reflect the neighborhood's more accessible price tier and its different commercial anchor character from LoHi and West Highland.
Corken + Company builds Highlands and LoHi pricing recommendations on submarket-specific current evidence.
Corken + Company | 303-858-8003 | corken.co
