Our recent roundup of homes for sale in Denver for under $250,000 noted that many of these fixer-uppers are being marketed to buyers interested in renovating and reselling at a higher price in the hopes of scoring a profit. House flipping, as it’s known, is commonplace in today’s red hot Denver housing market, as shown in new numbers that reveal the metro zip codes where it’s happening most frequently and the often huge windfalls that can result.
The information comes from Attom Data Solutions, which has just published a new report on house flipping. At Westword’s request, the ADS folks provided figures related to every metro zip code where at least ten houses were flipped during the first quarter of 2018.
A total of 39 zip codes qualify by this standard, with the 80219 zip code, in the City and County and Denver, boasting the most flips during the initial three months of the year: 32.
The 80236 zip code includes neighborhoods such as Harvey Park South.
The 80120 zip code cuts into Littleton and is home to Arapahoe Community College.
The 80233 zip code is in Adams County and encompasses much of Northglenn.
The 80222 zip code boasts addresses in the University Hills and Virginia Village neighborhoods.