Big Changes to Denver’s Landmark Designation Process?

(Ed. note: Karl Lueders lived in Driving Park Historic District for more than 10 years and served on that neighborhood board as well as acted as a liaison to the Landmark Preservation Commission during that time.)

On September 18, 2012, the Denver Landmark Preservation Commission (LPC) will hold a public hearing to address the Community Planning and Development‘s proposal to change the process in which LPC reviews landmark designation applications.

Some of these proposed changes are administrative in nature, such as raising the fee for non-owner applicants to potentially designate certain historic structures (plus raise the buy-in). A more notable proposal, however, will require each application be sponsored by three people who either own or live in the City or County of Denver. This revision is likely in response to the current liberty that allows any Denver resident or property owner to submit a landmark designation application on any property in the city. There have been recent well-publicized accounts of this occurring, where the applications have allegedly been filed by non-owners to slow or stop potential development of certain Denver properties that did not have landmark designation protection.

There are several other proposals within the Community Planning and Development’s draft. If you live in one of Denver’s 50 historic neighborhoods, you should read the above proposal and consider attending the meeting on September 18, 2012, at 1 pm in Room 4.F.G in the Webb Building, 201 W. Colfax.

Owning a home in one of Denver’s landmark neighborhoods carries an additional responsibility from those that don’t, and as a homeowner or resident, you need to be aware of the policies that govern those areas.

Karl Lueders is a residential Realtor with Kentwood Real Estate. He has intimate working knowledge of the LPC and what it takes to make home improvements within those neighborhoods. Please give Karl a call if you have questions about whether you live in a historic area, are considering buying in a historic area or plan to make improvements to your home. You can reach him at 720-971-8267. You can also follow him on Twitter or find him on LinkedIn.

Read about the benefits of landmark designations by visiting Historic Denver.

Karl Lueders Presents…. LoHi Loft Sold in a week.

It’s been a busy summer, so Karl Lueders Inc. hasn’t been able to post the recent sales and listings from July, mostly because they’re selling as quickly as he’s putting them on. Denver real estate has been humming right along since the spring, with low inventory and lots of buyers creating bidding wars for desirable properties.

Credit listing agents who know not to overprice homes and cave in to the temptation of testing the market. Buyers are more savvy than ever, and for every Denver house that sells in a day, there are two like it getting no love at all.

Karl Lueders Closed This Lohi Loft in 2 weeks. Cash. That doesn't suck.

This amazing loft in the original LoHi corridor of 15th Street sold twice, actually. After 10 showings in a day, the sellers received a full-price offer, but the buyers backed out once they understood the complexities of home ownership and maintaining such a large condo.

A week later, Karl Lueders and his seller drew another offer – cash, this time – and closed the property faster than had the original offer stuck around. True, LoHi is one of Denver’s – not to mention the country’s hottest neighborhoods – but Denver condos have been struggling for years. And while this was a cash deal, banks are finding creative ways to lend money to good borrowers.

Updates on more condos, like 2441 Broadway #206, which sold last month, are coming. Along with yet another Lohi sale and even properties out of town!

Karl Lueders is a residential Realtor with The Kentwood Company. You can “find” him on LinkedIn, Twitter or G+. The phone method works well, too. 720-971-8267. And email: karl@denverrealestate.com.