Denver buyer guide · Getting started

What should buyers check before buying a home in Denver?

Begin with what you can comfortably afford, then compare homes by recent nearby sales, property condition, ongoing costs and your own timeline. For a condo or townhome, review the association's finances and rules as well as the unit. More time on market can create room to ask questions, but it does not guarantee a discount.

Published September 25, 2026 · By Tommy McMillian, Broker Associate

How should I set a budget before touring?

Ask lenders for the same loan scenario and compare the interest rate, fees, estimated monthly payment and cash needed to close on their Loan Estimates. Include property taxes, homeowners insurance, maintenance and any HOA dues in your own budget. The Consumer Financial Protection Bureau's comparison guide explains what to review and which lender questions to ask. A lender—not an agent—can explain loan qualification and financing terms.

How can I tell whether a Denver listing is fairly priced?

Compare recent sales of similar homes nearby, current alternatives and the home's condition. The Denver property search offers public records and sold-property comparisons, but public records may not tell you about improvements, inspection findings or sale terms. A market analysis should use the most relevant comparable homes, not a metro-wide median alone.

Do condos and detached homes require the same homework?

No. For an attached property, ask about dues, reserve funding, insurance, planned assessments, rules and the association's documents; also confirm financing eligibility with your lender. The Colorado Division of Real Estate's HOA Center provides consumer information about association rights and responsibilities. Detached homes need their own review of condition, taxes, insurance and any applicable association. As a dated example, DMAR's August 2026 report showed attached homes at a median 45 days in MLS versus 24 for detached homes across the metro area. Those figures describe that month, not your next listing; check the newest data when shopping.

What should I ask about buyer representation?

Ask the broker to explain services, the type and duration of the relationship, compensation and any potential conflicts before signing. Under an August 2026 Colorado Division of Real Estate advisory, a written agreement establishes a single-agency or transaction-broker relationship before licensed duties are performed. Review the current requirements and contract with your broker; get legal advice for legal questions.