The Blog

Build material costs are back on the rise with lumber leading the way. But there are ways owners and developers can protect their budgets. With value engineering and working with a design-build company or contractor that starts with design phase of a project.

Denver’s housing inventory continues to be strained reporting record-low available properties. But with the warmer weather on the rise and the pandemic fading into the background, homebuyers are coming back into the foray now that things are looking up. According to the Denver Metro Association of Realtors, recent metrics have shown that Denver’s median home prices have achieved new heights.
Denver’s housing inventory continues to be strained reporting record-low available properties. But with the warmer weather on the rise and the pandemic fading into the background, homebuyers are coming back into the foray now that things are looking up. According to the Denver Metro Association of Realtors, recent metrics have shown that Denver’s median home prices have achieved new heights.

With this market overview of the area, developers and individuals have one question: how much does it cost to build a house in Denver?

Denver has been seeing increasing pressure from the housing market as community prices continue to strain residents of Denver. According to Denverite, the city doesn’t have enough market-rate housing for people near the area’s median income. Denverite’s recent article states that the rate for Denver rests explicitly at the level of $94,320 for a three-person household. There are not enough income-restricted or appropriately priced homes on the market to support the hard-working demographics of Denver. The city has been working on a plan that will increase efforts to affordable housing and enlist the help of its Developers and Builders.

Denver’s interest in ADU construction is hot. Residents in neighborhoods are looking into the trending home improvement project but are finding considerable barriers. Of those barriers to overcome is the city and county of Denver’s Building Department. With their long review times for permitting and strict zoning and design requirements, building an ADU in Denver is not a common choice homeowners can invest in. Despite that, Denver still claims they want more ADU construction in the residential construction department docket. Denver wants to make building an accessory dwelling unit more accessible, but the proof of their efforts is minimal.