Rebchook on Real Estate Insights gleaned from John Rebchook's 25 years of reporting on Denver's residential and commercial real estate. Send your questions and comments to rebchookj@rockymountainnews.com.

Developers Bill and John Seward of HiVu Partners today unveiled plans for a four-story, 22-unit condo project in the Highland neighborhood.
The HiVu29 community will be built on a site currently occupied by two single-family homes along West 29th Avenue, just east of Federal Boulevard near Eliot Street, at the edge of West Highland.
The first eight buyers will receive $10,000 in incentives.
The units are priced from the low $200,000s to the high $400,000s.
Pre-sales will begin on Saturday on the 12 flats and 10 townhomes at the sales office at 2918 W. 29rht Ave. The center will be opened from noon until 4 p.m. on the weekend and by appointment during the week.
Pre-construction sales of 12 flats and 10 townhouses begin on Saturday May 3, at the sales office, 2918 West 29th Avenue, near Viking Park. The HiVu Preview Center will be open Saturday and Sunday from 12-4pm and by appointment during the week.
One of the houses on the site has about 1,500 square feet and the other about 800 square feet.
"We're exploring donating the smaller home to Habitat for Humanity," Bill Seward said. "We're not sure if it will work, but we're looking into it."
If it does work, Habitat for Humanity would move the house to another property, eh said. The other house is too big to move, he said.
However, the are looking to recycle the bricks in the larger home, which could be used in another project, he said.
Seward said he's not worried that prospective buyers will be turned off by noise from Federal Boulevard or West 20th Avenue.
"Twenty ninth is a busy street, but rather than looking at it as being on a busy street, we look at it as being in the center of everything," he said. "It's an easy walk from there to 32nd and Lowell area in West Highland, as well as to all of the stuff in Highland that connects to downtown and LoDo."
Also, urban buyers aren't turned off by a certain amount of noise, he said.
"Urban developments have a certain amount of noise, but buyers will be accustomed and expect that," he said.
BlueSky Studio, known for sustainable design practices, is the lead architect.
"We'll be looking to use some carpets that are made of recycled bottled and for the counter-tops, an option may be to have them made out what is basically paper," he said. Those types of countertops, for example, can be found in the ultra-expensive Museum Residences.
Construction likely will start in September, depending on pre-sales, he said.
Units range from 775 square feet to 1,500 square feet. Each unit has a balcony or other outdoor space. The units also will have secure underground parking, 10-foot ceilings, and private rooftop decks on the townhome units.
The modern-style exterior will use brick, stucco, wood, glass and steel. It will include a central courtyard with tall trees in big container pots, as well as a catering kitchen and outdoor barbecue grill.
For more information: Lindsey Shorthouse of Powerhousing Real Estate at 303/570-6162 or e-mail at LindseyS@PowerHousing.com. Or you can register your name at www.HiVu29.com.

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