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1563 High Street
Denver, CO

1563 High Street

$1,375,000
3 bd • 4 ba • 2,541 sf

This analysis was generated by artificial intelligence on 1/16/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,375,000

Price/Sq.Ft

$541

Year Built

1890

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This exquisite Queen Anne Victorian, known as 'The High Queen,' is a rare gem in Denver's Wyman Historic District. Built in 1890 and recently renovated, it offers a perfect blend of historic charm and modern amenities. The home features restored Douglas Fir floors, a hand-carved fireplace, and a modern kitchen with high-end appliances. Its central location provides easy access to downtown, City Park, and Cherry Creek, making it ideal for those seeking convenience and a vibrant urban lifestyle.

The Bad

While the home boasts many modern upgrades, the historic structure may require ongoing maintenance. Older homes can have issues related to plumbing, electrical, and insulation which might not be immediately apparent.

The Ugly

Potential buyers should be aware of the significant difference between the current listing price and the estimated value, indicating possible market overvaluation. Additionally, the property's last sale was at a higher price than the current listing, which could affect investment potential.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for buyers who appreciate historic architecture and are looking for a unique, character-rich home with modern conveniences. Ideal for professionals or families seeking proximity to Denver's amenities, cultural sites, and excellent dining options.

Not For

This home may not be ideal for buyers seeking low-maintenance, newly constructed properties. Those on a tight budget or looking for significant equity growth might find this property less appealing due to its high price point and market value concerns.
Demographics
Area Median Income

$72,586

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Risk Assessment

Risk Analysis

Potential issues include the historic nature of the home, which may involve older systems that require maintenance. The competitive Denver market can lead to price volatility. Buyers should also consider the potential for increased property taxes and insurance costs due to the historic district location.

Financials

Monthly Costs
Market Rent (3 bed)

$2,449

Get a detailed rental estimate on Zillow®

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

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