This property resides in the highly sought Cromwell Heights neighborhood of Centennial, just south of Orchard from Greenwood Village. The amenities, schools, and the fact that this section of Franklin Street only houses around 60 homes (many of which are luxury properties) add to the appeal.
The wood shake roof may be a slight deterrent to some buyers in terms of either the need for eventual replacement or pure aesthetics, but the overall curb appeal of the home I would rate as above average.
The original list price of $948k was definitely overreaching and through a couple of price reductions, the current asking price of $899,000 is more in line with the price per square foot of comparable sales. However, I would expect the need for further reduction prior to a meeting of the minds between a potential buyer and seller – perhaps somewhere in the $850k range.
This property is Listed by RE/MAX Masters Millennium