The Village of Five Parks is located in the northwestern quadrant of Arvada, Colorado. It is bordered on the west by Indiana St., on the north by 87th Parkway, and on the south by the Union Pacific Railroad.
People like the Village of Five Parks because of its five parks, community events, main street-style small retail shops, and views of and proximity to the mountains. Negatives include some isolation from major shopping amenities, relatively high homeowner’s associaton* fees, the high prices for the homes themselves, and the lack of tree canopy due to the newness of the neighborhood (building started in 2002).
The Village of Five Parks has a mix of home styles, but still mainly single family detached (94%). Over half of the residents identify themselves as ‘married with children’. The average income in the Village is $143,165 for those households with children, which is the 96th percentile for the state. The average age of residents is 37.
Yes, residents do hear the trains, which is a common sound to Arvadans. The homes south of 86th Parkway are closest to the tracks. 
Right now, there are twenty-six homes for sale in the Village of Five Parks, asking prices start at $310,00 and go up to $650,000. There are three homes currently under contract, priced from $375,000 to $438,000. In the past six months, seven have sold, ranging from $293,000 to $450,000. It’s still a tough market in the Village, read my post about it here.
Read up to date market reports for the Village of Five Parks by clicking the blue text.
Village of Five Parks kids attend Meiklejohn Elementary School, Wayne Carle Middle School, and Ralston Valley High School
*In Colorado, home buyers have the right to inspect HOA documents and financial records, and can terminate a contract to buy based on what they find, at their sole discretion.
Arvada is about midway between Denver and Boulder in Jefferson County, Colorado.
Copyright © 2011 Joetta Fort
*******************************************
I write posts on real estate issues and local events in the Denver metro area, especially those *communities between Denver and Boulder, as a public service. My hope is to give people an idea of the ‘flavor’ of our community, in case they’re new or moving to the Denver area.
I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly *suburbs northwest of Denver.
*Arvada, Broomfield, Lafayette, Louisville, Superior, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood
Find Homes for Sale, no Matter Who Listed Them, at Dream House Hunting.
Gardeners – please visit my blog about high plains gardening, Beauty of Gardening.
I do tire of writing profiles about myself, I'd much rather talk about you! So please email or call me sometime.
And if you're looking for someone to maybe help you buy or sell a home in the vicinity north of Denver, Colorado and you'd like to learn more about me, visit my website, DreamHouseHunting.com.
If at least a little info would be helpful, I've lived in Arvada since 1993, I've been a licensed, full-time real estate agent since 2001. You can read some past clients' testimonials on my website.
I hope to hear from you soon!
Joetta Fort, Broker Associate
Equity Colorado 
One Comments
[...] Arvada’s Five Parks neighborhood market report is below. If you’d like more details about Five Parks or Arvada, click on any link (like the name of the subdivision in the first line of this post). Or, let me know personally! [...]