Centennial, Colorado Real Estate and Homes for Sale
About Centennial, Colorado
Centennial, Colorado is slightly southeast of Denver. It is nearly 6,000 feet in elevation and a newer city with a recent incorporation date of 2001. The City of Centennial tracks resident satisfaction and a 2016 study showed 90% of residents voted it a great place to live. Is it? Let’s explore!
Home Options in Centennial
Homes in Centennial have been built with the discerning homebuyer in mind. Although a handful of units with one bedroom are available, the majority of homes have 2-5 bedrooms. Many homes feature spacious floor plans, large yards, and multi car garages, and are situated in highly desirable neighborhoods.
In those neighborhoods, Centennial homeowners will find that upwards of 80% of their neighbors are also homeowners. More than 55% of residents have college degrees, and the median average income is in the low six figures.
A six figure salary may secure your dream home purchase in Centennial, as the mid-2022 median price hovers between $650-700k. In a $700,000 home with a decent down payment and a lender that shops for a competitive loan product, homeowners can expect a monthly payment around the $3,000 mark (depending on credit score, interest rate, etc.).
Renters in Centennial also have options, and with these options comes smaller unit sizes - even studio apartments! Apartment complexes feature many amenities and may be a great stepping stone deciding where you buy a home in Centennial.
Living in Centennial: the Good
Electric vehicle owners enjoy access to a generous amount of charging stations sprinkled across town. In fact, the local government has an ambitious goal to install 18,000 units between now and the end of the decade.
Whether your vehicle is gas fueled, electric powered, or exercise driven (hello, bicycle!), your jaunts around town will take you to many interesting venues and events.
Every year brings you have the opportunity to sponsor or attend the annual Brew-N-Que in July, or even the Chalk Art Festival in September. Daily delights include browsing for new decorations for your Centennial, Colorado home at the local Ikea, having breakfast at the quaint Three Little Griddles, or even improving your golf swing at the Southglenn Country Club.
Living in Centennial: the Challenges
Those who wish to find smaller-sized units may have trouble locating a unit that works with their current lifestyle. Homebuyers may also be limited to established units, as new home builds are often in surrounding cities rather than Centennial itself.
If a home in Centennial is right for you, let us be your brokerage of choice. Contact us at Kenneth James Realty and let us know how we can help you with your Centennial, Colorado home. Whether you are buying or selling a home in Centennial we are here to represent your best interests and make the process as streamlined as possible.