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{“@type”:”Question”,”name”:”What are closing costs in Colorado?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Closing costs in Colorado typically range from 2% to 5% of the purchase price. On a $2 million home, expect to budget $40,000–$100,000 in closing costs.”}},
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{“@type”:”Question”,”name”:”What are property taxes in Greenwood Village, Colorado?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Greenwood Village has an effective property tax rate of approximately 0.55%. On a $2 million home, annual property taxes run roughly $11,000, or about $917/month.”}}
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Frequently Asked Questions
What is the average home price in Cherry Hills Village?
As of 2026, the average home price in Cherry Hills Village is approximately $2.5 million, making it one of Colorado’s most prestigious and affluent communities.
What income do you need to buy a $2 million home in Denver?
To comfortably afford a $2 million home in Denver, you generally need an annual household income of at least $350,000–$400,000, assuming a 20% down payment and a debt-to-income ratio below 36%.
What are closing costs in Colorado?
Closing costs in Colorado typically range from 2% to 5% of the purchase price. On a $2 million home, expect to budget $40,000–$100,000 in closing costs.
What is a good down payment for a luxury home?
A 20% down payment is the standard recommendation for luxury homes — it eliminates PMI and secures better loan terms. On a $2 million home, that’s $400,000 down.
What are property taxes in Greenwood Village, Colorado?
Greenwood Village has an effective property tax rate of approximately 0.55%. On a $2 million home, annual property taxes run roughly $11,000, or about $917/month.
Ready to find your dream home? Contact Sara Garza for expert guidance in Cherry Hills Village, Greenwood Village, and Denver’s most sought-after luxury neighborhoods.