Welcome to
DENVER
Inspiring people to LIV the life they love
Prepare to be moved. Any Origin, Any Destination. At LIV Sotheby’s International Realty, we understand that relocating to a new area can often be an exciting, yet challenging process. Our award-winning commitment to excellence and the comprehensive relocation services we provide can help ease this transition, making your move as seamless as possible. Please contact your LIV Sotheby’s International Realty broker or our Relocation and Referral Services team, and we will be happy to assist you. Welcome to Denver! Kim Taylor VP of Relocation and Referral Services relocation@livsothebysrealty.com Direct: 720.488.6035
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Who We Are LIV Sotheby’s International Realty is your local, independently-owned, leading real estate firm with an unmatched commitment to marketing, creativity and innovation. Our top-tier broker professionals are experts in Colorado real estate, and through our Sotheby’s International Realty network, we deliver global reach at a local level — like no other firm. We are here to advise and assist you in making sound decisions.
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Steamboat Sotheby’s International Realty 3 Offices
LIV Sotheby’s International Realty 23 Offices Cherry Creek Cherry Creek / Clayton Downtown Denver Downtown Denver / Spire
Full-time Relocation Specialists
350+ Brokers and Support Staff
Denver Tech Center Castle Pines Village Aspen Snowmass Sotheby’s International Realty 11 Offices
The Village at Castle Pines Castle Rock Boulder Boulder / 29th Street Evergreen
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Full-time Marketing Experts
Breckenridge Vail Vail / Mountain Haus Beaver Creek Edwards Telluride / Main Street (2) Telluride / Oak Street Gondola
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Locally Owned Offices
Mountain Village / Heritage Plaza Mountain Village / The Peaks Resort & Spa Crested Butte Dillon Legacy Properties West Sotheby’s International Realty 1 Office
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Exceptional Brand
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DENVER OVERVIEW
D E N V E R H A S A Q U A L I T Y O F L I F E T H AT M A K E S I T ONE OF THE BEST PLACES IN THE U.S. TO LIVE AND WORK. Panoramic views of the Rocky Mountains More than 300 days of sunshine each year 11 world-class ski resorts, located within 100 miles of Metro Denver More than 100 public and private golf courses throughout the region Ranked as one of the healthiest cities in the country Some of the finest hospitals and medical research facilities in the world Denver is one of two cities in the nation to have seven professional sports teams Boasting the second most highly educated population in the country Top five city to retire in America Denver is rated as a top city for healthiest pets Colorado is home to the most peaks over 14,000 feet in America - 53 to be exact 4
Did You Know? Metro Denver has a population of 3 million people Metro Denver’s growth rate has consistently outpaced the national rate every decade since the 1930s Per capita personal income is $65,424 Median household income is 25.8 percent higher than the national median household income The cost of living is 12 percent above the national average, but well below many other major cities
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ECONOMIC SNAPSHOT
2020 Key Economic Indicators METRO DENVER
2018
2019
Employment Growth Rate
2.7%
1.9%
Unemployment Rate
2.9%
2.7%
10.2%
9%
Industrial Direct Vacancy Rate
4.6%
4.9%
Retail Direct Vacancy Rate
4.7%
4.6%
134
135.6
Consumer Price Index Change
2.6%
6.2%
Real Retail Trade Sales Growth
5.2%
3.4%
Residential Home Sales
45,682
57,248
Residential Building Permits
18,759
20,373
$451,500
$461,200
Office Direct Vacancy Rate
Consumer Confidence Index
Median Home Price 6
ARTS & ENTERTAINMENT
D E N V E R I S H O M E TO W O R L D C L A S S C U LT U R A L AT T R AC T I O N S Denver Center for Performing Arts Hosts Broadway musicals, world-class plays, educational programs and inspired events Ellie Caulkins Opera House Home to the Colorado Ballet Boettcher Concert Hall Home to the Colorado Symphony Orchestra Denver Art Museum Designed by world famous architect Daniel Libeskind, the Denver Art Museum is now one of the area’s most impressive landmarks, and is home to an impressive collection of art Union Station Located in downtown Denver, Denver’s Union Station boasts an eclectic array of the city’s top restaurants and bars For additional activities: colorado.com/things-to-do
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COLORADO CLIMATE
The arid conditions bring only 8 to 15 inches of annual precipitation, and locals wake up to more than 300 days of sunshine each year. Winters are mild, with an average daily high temperature of 45 degrees. Reaching 60 degrees is not uncommon. Snow doesn’t stay on the ground long in Denver, so golf courses and outdoor cafes are able to stay open year-round. However, the nearby mountains and ski resorts often receive significant annual snowfall. In Summer, Denver enjoys low relative humidity, making for beautiful, sun-filled days and cool, comfortable evenings. The average daily high temperature in August is a mild 86 degrees. The temperate weather is due in part to the city’s altitude: 5,280 feet above sea level, or exactly one mile high. 8
Colorado Climate Chart * Month
Temperature Fahrenheit (Max/Min) Celsius (Max/Min)
% Humidity (AM/PM)
Precipitation (Inches)
Sunshine (Noon %)
January
43.9/18.3 F
6.6/-7.6 C
63/49
0.51
71
February
45.6/19.4 F
7.6/-7.0 C
67/44
0.49
70
March
54.5/26.4 F
12.5/-3.1 C
68/40
1.28
69
April
60.7/33.2 F
15.9/0.7 C
67/35
1.93
67
May
70.6/42.9 F
21.4/6.1 C
70.38
2.32
65
June
80.8/51.3 F
27.1/10.7 C
69/35
1.56
71
July
89.7/59.9 F
32.1/15.5 C
68/34
2.16
71
August
87.0/58.0 F
30.6/14.4 C
69/35
1.82
72
September
78.1/48.7 F
25.6/9.3 C
69/34
1.14
74
October
64.7/36.6 F
18.2/2.6 C
65/35
0.99
72
November
53.0/26.0 F
11.7/-3.3 C
68/48
0.98
65
December
43.1/17.9 F
6.2/-7.8 C
65/51
0.63
67
Annual Average
64.3/36.6 F
17.9/2.6 C
67/40
15.81
70
*30-year normals
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SPORTS M I L E H I G H STA D I U M Denver Broncos | Three-time Super Bowl champion NFL team Denver Outlaws | Three-time Steinfeld Cup Major League Lacrosse champion
PEPSI CENTER Colorado Avalanche | Two-time Stanley Cup champion NHL team Denver Nuggets | NBA team Colorado Mammoth | Champion Cup winner National Lacrosse League
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COORS FIELD
D I C K ’ S S P O RT I N G G O O D S PA R K
Colorado Rockies | MLB team
Colorado Rapids | MLS team
TRAILS, PARKS & RECREATION
Denver has one of the largest public park systems in the nation • Over 250 parks within the city limits • More than 100 miles of bicycle paths • More than 374,000 acres of nearby open space More than 100 public and private golf courses in Metro Denver Eleven world-class ski resorts within 100 miles 40 state parks and three national parks in Denver’s backyard, with prime recreational opportunities for biking, hiking, camping, fishing, and skiing For additional activities: colorado.com/things-to-do 11
SHOPPING
16th Street Mall | This 350,000-square-foot pedestrian mall includes the Denver Pavilions and other retail shops, residential and office buildings, hotels and services. A free shuttle serves the area. Larimer Square | Located in the heart of downtown Denver, Larimer Square is an area that is not only rich in history, but also features fine shopping and dining. As the Mile High City’s oldest and most historic block, its buildings tell the charming story of the city. Cherry Creek North | Home to more than 320 independently owned businesses, a unique collection of boutiques, spas, restaurants, galleries and other specialty shops in the heart of central Denver. Cherry Creek Shopping Center is one of the region’s most popular shopping destinations with 160 restaurants and stores.
Pearl Street Mall | More than 1,000 locally-owned and national businesses fill the red-brick, pedestrian-only thoroughfare, which runs roughly along Pearl Street. It is also home to much of Boulder’s nightlife, including musicians, performers and holiday lights. Belmar | A 103-acre downtown district in the City of Lakewood. This project took an old mall and revitalized it into a destination that now combines retailers, boutiques, restaurants, cafes, theaters, offices, residences, artist studios, parks, and plazas – all within 22 city blocks. Flatiron Crossing | The views of the Flatirons of Boulder are reason enough to visit this 1.5 million-square-foot, indoor/outdoor shopping center, featuring a pond and sandbox for the kids, plus a skating rink that is open in winter.
Park Meadows | Dubbed a “retail resort”, the 1.6 million-squarefoot Park Meadows mall has the warm and rustic feel of a beautiful mountain lodge, and offers more than 185 shops. 12
Colorado Mills | Colorado Mills is a 1,100,000-square-foot indoor outlet shopping mall in Lakewood, Colorado.
QUALITY HEALTH CARE
M E T R O D E N V E R I S H O M E TO S O M E O F T H E F I N E ST H O S P I TA L S A N D M E D I CA L R E S E A R C H FAC I L I T I E S I N T H E WO R L D UCHealth University of Colorado Hospital | Ranked as state’s best hospital and nationally ranked in 11 specialties, including #1 in pulmonology. SCL Health | Operates 4 hospitals, including Saint Joseph Hospital and Lutheran Medical Center, ranked in the Top 1% nationwide by HealthGrades 2018. National Jewish Medical and Research Center | Currently ranked #1 respiratory hospital in the nation and top tier for the past 20 years. Craig Hospital | Ranked a top 10 rehabilitation hospital for the 29th consecutive year. Children’s Hospital Colorado | Ranked ninth nationally in pediatrics. Centura Health | Over 15 hospitals across Colorado delivering high-value care. Anschutz Medical Campus | Ranked top 10 in two categories for medical school programs. Porter Adventist Hospital | Full service, acute-care referral center. 13
TRANSPORTATION
DENVER INTERNATIONAL AIRPORT Located 23 miles northeast of downtown Denver, DIA is the 5th busiest in America and the 20th busiest airport in the world. An iconic Denver landmark with 23 commercial carriers, DIA provides nonstop service to more than 190 domestic and international destinations. The Westin Denver International Airport Hotel is now conveniently located just steps from the main terminal. RTD (REGIONAL TRANSPORTATION DISTRICT) Metro Denver is in the process of building out its entire mass transit system, adding 122 miles of rapid Light Rail transit and expanding its existing bus network. Currently, the RTD serves 2,342 square miles over 142 fixed routes. TRAIN TO PLANE A new rail line running from downtown Denver to Denver International Airport in just 37 minutes makes local and international travel easier than ever before. UNION STATION Offering an extensive network of convenient options, Union Station serves as Denver’s energetic transportation hub. Locals, tourists and business travelers alike are welcome to partake in RTD’s Front Range bus route, Light Rail line networks and a full Amtrak train schedule. 14
The region’s K-12 education system includes 19 public school districts, as well as a number of private and parochial school systems.
SCHOOLS AND EDUCATION
The system offers many educational choices, including high-quality public schools with alternative learning environments such as charter and magnet schools. Although excellent private schools are available in Metro Denver, they are not utilized as highly as in other cities due to the quality of our public school system. About 10% of the total student population attended private schools in Metro Denver in 2017. Metro Denver schools all offer open enrollment, meaning students living in one school district can attend a school in any other district. This allows parents to select schools that match each student’s individual needs. 15
HIGHER EDUCATION
The Metro Denver region provides a wide range of higher education opportunities, encompassing a variety of undergraduate, graduate, and professional programs at 11 public and private four-year colleges and universities. Included are world-class research institutions, such as the University of Colorado, Colorado School of Mines, Colorado State University, and the University of Denver. Colorado’s community colleges offer employers customized training opportunities to meet changing workforce needs. 16
TAX AND LICENSE BASICS
COLORADO INCOME TAX Colorado posted the 7th lowest individual income tax rate in 2018 – 4.63% flat tax. PROPERTY TAX The State of Colorado assesses property taxes based on individual school districts. Colorado has some of the lowest residential property taxes in the country, with an average effective rate of just 0.57%. VEHICLE LICENSE FEES Colorado charges a yearly licensing fee for your vehicle. The fees are dependent upon the type and year of vehicle and the county in which you live. New residents have up to 90 days to obtain Colorado license plates. COLORADO DRIVER’S LICENSE New residents have 30 days to obtain a Colorado Driver’s license. Details regarding Colorado licenses can be found at www.colorado.gov/dmv.
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MICRO MARKET REAL ESTATE REPORTS
The mountains, the weather, the year-round recreation – what’s not to love about Colorado? With so many unique neighborhoods to choose from, LIV Sotheby’s International Realty provides you with an insider’s look into the performance of the real estate market in Denver Metro, Boulder County, the Foothills, Summit County, and the Vail Valley – so you can create your dream life. The Colorado real estate market performs quite differently than the national average. Even in an area the size of Metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference. LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statics. View all reports at ColoradoMicroMarketReports.com. 18
Average price of a single family home:
METRO DENVER REAL ESTATE SNAPSHOT
$475,571 Average price of a condo: $312,000 Average rental rate: $1,503/month Apartment vacancy rate: 5.1% Vacant apartment units: 24,663
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LIV Sotheby’s International Realty
RE LO CAT IO N & R E F E R RAL S ERVI CES
Corporate Relocation and Group Move Services
Assisting Clients Referred from other Brokerages Around the World
Proudly Serving Military Members, Veterans, and their Families
2,000+ Annual Moves
$500,000,000 Annual Closed Volume
D EST INAT IO N SE RVI C ES AWA R D
RE AL ESTATE SERV IC ES AWARD
Highest achievement in sales conversion and customer service for corporate home finding relocation clients
Best results for home marketing service satisfaction, days on market, total direct expenses, market analysis accuracy and response time
NFCU A IMS AWA RD
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RELOCATION NETWORK
LIV SOTHEBY’S INTERNATIONAL REALTY IS PROUD TO BE A PREFERRED REAL ESTATE BROKERAGE WITH OVER 20 RELOCATION MANAGEMENT COMPANIES, PROVIDING PROFESSIONAL MOBILITY SERVICES AT THE HIGHEST LEVEL TO THEIR CLIENTS AND TRANSFEREES.
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M OV I N G FA M I L I E S TO A N D F R O M C O LO R A D O I S O N E O F O U R S P EC I A LT I E S . T H E L I V S OT H E B Y ’ S I N T E R N AT I O N A L R E A LT Y R E LO C AT I O N A N D R E F E R R A L S E R V I C E S T E A M SERVICES OVER 2,000 COLORADO MOVES EACH YEAR, INCLUDING CLIENTS FROM: Alliant Techsystems, Inc. Amazon Amtrack Anadarko Petroleum Anheuser Busch Apple Ardent Mills AstraZeneca Asurion Avantor Performance Materials Avis Budget Car Rental, LLC Baker Hughes Ball Corporation BP Amoco Caterpillar, Inc. Centura Health Century Link Charter Communications Chase CoBank, Inc. Coca Cola Comcast CoorsTek, Inc. Danone - White Plains DCP Midstream Denver Health Department of Veterans Affairs Eaton Corporation Eli Lilly Encana Enterprise Envision Healthcare Corporation EOG Resources, Inc.
Exxon Company, U.S.A. FedEx Fiat Chrysler America Fidelity Investments Freeport McMoRan Corporation Gap Gates Corporation GE International, Inc. Goodyear Great West Financial HCA Healthcare Heinz Hilton Worldwide Home Depot Honeywell International Humana Hyatt IBM Ingersoll-Rand Company Janus Capital Group JC Penney Corporation Johnson and Johnson JP Morgan Chase Kellogg Company King Soopers Kroger Kuehne & Nagel, Inc. Lafarge Lockheed Martin Corporation Lowe’s Martin Marietta Materials, Inc. Medtronic, Inc. Merrill Lynch
Met Life MGM Grand Microsoft Corporation Miller Coors Molson Coors Navy Federal Credit Union Nestle Purina Newmont Mining NIKE, Inc. Noble Energy, Inc. Nordstrom Inc. Northrop Grumman Novartis Pharmaceuticals Owens Corning Packaging Corporation of America Panasonic Parker-Hannifin Corporation PepsiCo, Inc. Petco Animal Supplies Petroleum Development Corporation Pfizer Polaris Industries Price Waterhouse Procter & Gamble Raytheon Company Realogy Corporation Republic Services/Allied Waste Schlumberger Technology Corporation Sears Semiconductor Compenents Sequa Corporation
Siemens USA SM Energy Sprint Staples Starbucks Corporation Stryker Corporation Target The Walt Disney Company ThyssenKrupp Elevator Corporation Time Warner TJX Companies, Inc. Toyota Transamerica Travelers Insurance Trinity Health United Services Automobile US Bank USDA Forest Service Vail Resorts Verizon VF Corporate Walgreens Walmart Wells Fargo Wendy’s International, LLC Western Union Whirlpool White Wave Foods Whitewave Foods Company Xcel Energy Xerox Zimmer Biomet
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MILLION DOLLAR SERVICE
LIV Sotheby’s International Realty Offers Million Dollar Service at Every Price Point When you work with us, you receive the full benefit of over a decade of industry leadership, the power of a global network, and a culture of excellence that goes back centuries before that. Welcome to LIV Sotheby’s International Realty. It is our pleasure to serve you.
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#thelifeyoulove
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livsothebysrealty.com/relocation