Prior to getting back into real estate I was a business owner here in Denver, North Carolina. During that time while working with various vendors it was almost daily that I would hear, "There's a Denver, NC? I didn't know that." I would even hear this from other people throughout our state. So this blog is for the ones that never heard of Denver, NC and for people that would like to know more about Denver, NC, so sit back with your cappuccino and enjoy!
The easiest way to remember Denver's location is that it is approximately 20-25 miles northwest of Charlotte; the queen city of North Carolina. Denver is also one of the towns that share the area called Lake Norman; Lake Norman is on the Catawba River and it is the largest lake in North Carolina. Denver is located in Lincoln County which is sandwich between Gaston and Catawba Counties with Mecklenburg County to the east. For those that are interested in geography Denver is at latitude 35°31'52" north and longitude 81°01'47" west. The elevation is 902 feet above sea level.
The Denver area was settled in 1770 and was formerly known as "Dry Pond," which derived its name from a small pond which once stood at what is now the corner of Highway 16 and Campground Road, it is the site of the local Bank of America branch. During the summer the pond would dry up due to the heat. In 1873, D. Matt Thompson, headmaster of the local Rock Springs Academy (now known as Rock Springs Elementary School), led the effort to have Dry Pond renamed for the rapidly growing Colorado capital, in an attempt to attract a railroad, because rail service held the promise of opportunity, prosperity, and wealth. Efforts to get the railroad failed but in 1877, the town of Denver was officially incorporated in the state of North Carolina.
The continuous growth of Charlotte has fueled tremendous development of the areas surrounding Lake Norman including the Denver area. The area has become a very popular recreation spot, attracting thousands of visitors every year for fishing, swimming, and boating. The Denver area has seen tremendous growth in the past 10 to 15 years. People see the charm of the other side of the lake in particular, Denver. New homes and businesses are suddenly popping up throughout the area.
In recent years we have seen a lot of people relocating here from California, New York, and Ohio. We are also seeing more retired people deciding to relocate here too; sighting that we have a change of seasons. We are reaping the benefits of these transplants because they are the ones that are bring their businesses with them and/or opening up new ones, due to them longing for what they miss.
Along with this we are so blessed to have a great school system. The Denver schools rank some of the highest test scores in the county. It's nothing for principles to receive daily calls from teachers wanting a chance to teach at one of the schools in the system.
What about real estate? Well the area offers a wide variety. The average is around $200,000. the range is $100,000's to several millions (luxury real estate, especially around the lake).
Our area has been pretty resilient when considering many other places over the United States. When most markets were bottoming out we continued our continuous growth. For the past year we have seen some changes, what we call market adjustments. Yes, we are currently in a "buyer's market" but from what I have been told don't bank on this to continue. Essentially, we were the last to experience the downturn but we are expected to be one of the first to recover. There's no better time to invest in real estate....
Thanks for stopping by, if you are interested in more information about Denver, NC (Lake Norman)? Please visit: http://www.lakenormanhomesblog.com/ .
About the author:
Teresa Harris is a Lake Norman Residential Real Estate Broker who can assist you with the purchase and/or sale of real estate in Lake Norman and surrounding counties. Please visit http://www.teresamharris.com/ for your relocation and/or your local needs.
Teresa Harris - Holbrooks Real Estate, Inc. - 704-458-1807 - Teresa@TeresaMHarris.com
Copyright © 2008 By Teresa Harris, All Rights Reserved...*YES! THERE IS A DENVER, NC 28037, SINCE 1877*