A knowledgeable Federal Heights Realtor will inform you that there are a wide variety in the homes available in this area. At any given time, there are usually more than 40 homes on the market. Not only does Federal Heights have a great deal of single family homes, it also has condominiums and townhouses available to home buyers with an interest in low maintenance living.
The price of Federal Heights real estate in this area averages around $148,000 for a single family residence, and $166,200 for a condo or townhouse. If you have any previous real estate knowledge, this may seem strange to you. Usually single family homes are significantly more expensive than town homes or condos. In the area of Federal Heights, however, there are many inexpensive modular homes. Home-buyers interested in purchasing a modular home have many options to discuss with their real estate agent.
Federal Heights Colorado Homes
Once you have found the home you desire, you will be happy to find the area of Federal Heights to be equally pleasing. Families will never lack for fun in the summer, as Federal Heights is home to the super popular Water World Theme Park. This 64 acre fun zone has even been featured on the Travel Channel as one of the country's best water parks in its "Water parks 2004" series. You will be able to save on traveling during the summer for expensive family vacations, as your children will not want to venture far from home.
In addition to the water park, Federal Heights residents are also conveniently located to many other recreational activities. At the Westminister Standley Lake Regional Park, visitors can boat, fish, and even camp overnight. In the same park, Big Dry Creek Trail offers visitors an invigorating hiking and biking experience along twelve miles of gorgeous Standeley Lake shore line, all the way to Federal Boulevard.
Little girls, and those who are little girls at heart, will be pleased to live right down the road from a castle. Located on the corner of W. 83rd and Federal Blvd, is the "Westminister Castle" designed by Stanford White. This landmark on the National Register of Historic Places was originally built as a Presbyterian University.
Day trips from home do not have to be far in order to experience something extra. Federal Heights is a short eleven mile trip down I-25 to Mile-High City's many attractions. Visits to Mile-High City can include the famous comic book store, world class museums, day long shopping excursions, sporting events, and fabulous dining.
Benefits of Investing in Federal Heights Real Estate
The area and real estate of Federal Heights has a well documented history. The land was originally purchased in 1927 by an employee of the Colorado and Southern Railroad Company, Harvey Larsen. His plot of land consisted of 2 1/2 acres just north of Denver, Colorado. He bought this property that overlooked the Federal Boulevard (back when it consisted merely of a two-lane dirt road), for the bargain price of $1,000 and named it, aptly enough, Federal Heights. As the traffic increased on Federal Boulevard, Larsen decided to take advantage of the growing consumer market: he opened the North Federal Heights Grocery and Supply Station. The location where his store once stood is now the intersection of West 92nd Ave. and Federal Blvd.
In the decade, Federal Heights grew in size and in population. By 1937 there were an additional thirty three residents in the area. This caused a demand for drinking water, that Mr. Larsen was happy to supply. His well however, was mineral saturated, so in 1940 residents made the decision to incorporate. Afterward, they quickly drilled a new, clean drinking well which served the needs of the community until 1955.
Also in the same area, at the same time, Harry Ruston was making history by constructing the first privately-owned United States airport at 1000 N. Federal Blvd. The airport was equipped with an 8,000ft. runway, and was used by the United States Air Force for the training of hundreds of pilots during World War II. It only closed its doors in 1961 when Northborough, Federal Plaza, and Legacy Heights were developed.
