Is Castle Rock real estate a good investment?
No city has done a better job of "reinventing itself" than Castle Rock. What used to be a forgotten suburb of the Castle Rock real estate market has become a high-demand market because of amazing amenities.
Castle Rock is located 11-miles Northwest of downtown Castle Rock and has become a very popular Castle Rock suburb and destination spot for many investors, homeowners, and tenants who are priced out of the downtown Castle Rock market. Part of the draw of Castle Rock is the new redevelopment of Olde Town Castle Rock with multiple restaurants, breweries, shops, live music, public transportation, and the best ice-cream shop around!
Home values are high, but we believe you should consider Castle Rock as an investment opportunity as it still has room for price appreciation, is a low-risk real estate investment area, and should provide both short and long term appreciation.
Free Rent/Sell CalculatorPros & Cons to Investing in Castle Rock Real Estate
The Pros
- Great future price appreciation
- Local community amenities
- Second largest school district in Colorado
- Lower than average crime rate
- Downtown redevelopment
The Cons
- Housing affordability
- CAP rate (investment rate of return) is lower than some other areas
- Public education system is rated lower than national average

Denver Property Management FAQs
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What is the cost for property management?
Click here to view our fair and transparent pricing (with no hidden fees!) -
Aren’t all property management companies basically the same?
No. Many property management companies only provide limited services for discounted pricing; some firms are designed for owners who like to be very involved in the day-to-day management of their homes; and some firms (like Grace Property Management) are Full Service firms designed to give owner-clients a full service, stress-free, hands-off experience. At Grace Property Management we handle ALL aspects of the property management cycle with professionalism and expertise. Property Management in Colorado is legally complex, and you want a professional overseeing what may be your most valuable asset. As you consider partnering with a property management company, be sure to ask them the following questions:
- Is each individual property manager licensed? (All Grace Management Property Managers are fully licensed and go through a detailed internal and ongoing training process)
- What if I want to cancel my service with you? (Most property management companies have long term contracts with expensive termination fees. Grace Property Management offers the only month-to-month contract in the industry with no termination fees or penalties; because we believe that we should earn your business every day and you should have the flexibility to leave if you want to.)
- What "other" fees could you charge me? (Many property management companies have hidden fees for things like paying bills, eviction services, dealing with HOAs, or property inspections. Grace Management does not charge for any of those services; they are part of our full service management offering.)
Click here to view what is included in our full service property management offering.
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What local and federal laws do I need to be aware of before I rent out my house?
There are multiple laws governing rental real estate including federal and state fair housing, habitability laws, tenant rights laws, applicant screening, rent-ready standards, and more. We ensure your property and the management experience is fully compliant with ALL rules, regulations, and laws. Click here for details. -
Does a Property Manager need to be licensed in Colorado?
Any company that offers any type of property management service must be licensed in Colorado. The state of Colorado has multiple requirements that must be fulfilled before they will grant a real estate license to the company and the company must be licensed to practice real estate or property management in Colorado. Most property management companies meet these requirements, but most individual property managers do not. Be sure to ask your property manager if they are personally licensed to practice property management in Colorado. (All Grace Property Management Property Managers are personally licensed and fully trained to practice property management in Colorado.)
To become licensed in Colorado an individual must:
- Complete 168 hours of state provided education
- Pass a comprehensive exam
- Pass a personal background check
- Hold proper insurance
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Can I get some owner-client references?
Any company can find a few owner-clients to say something nice about them. The BEST way to research a company is to review any BBB complaints the company has received (Grace Management has one complaint in the past 3 years, and it was a tenant disputing how much of their security deposit we retained.) Click here to search BBB complaints filed against any company. Also review independent Google reviews. Click here to view our online reviews. -
How long has Grace Management been in business?
Grace Management is the most experienced property management firm in Denver, serving real estate investors and residents since 1978. We combine 'old school' family-owned customer service (we actually return phone calls), with the most up to date technology (we have even been named the national property manager of the year) to create an unmatched experience for our owner-investors as well as our tenant-residents. We teach continuing education to the property management industry, we provide expert witness work on behalf of the industry, and we serve as a contact for state regulators. Learn more here. -
Do I have to pay a management fee if my property is vacant?
No. We believe we should only be paid if you get paid. So our management fee is a percentage of the actual rent we collect. If we do not collect any rent, or if the property is vacant, you do not pay us anything. See details here. -
Will Grace Management manage my property if I already have a tenant in place?
Yes. We are experienced in taking on the management of a property with a current tenant in place. We often take over management in situations where a tenant may be delinquent in rent or the owners are having difficulty managing a current tenant. When this happens, we perform a full lease audit and work with the tenant to ensure that they either conform to the terms of the lease and bring their rent current, or when necessary, vacate the property. -
How do you advertise my rental property?
Our comprehensive and proven marketing program attracts high quality applicants from a variety of sources. Click here to view details. -
Should I leave behind my washer & dryer?
You must maintain any personal property you leave behind. That means that if you provide it, you must fix it when it breaks. Therefore we recommend our owners only leave well functioning washers & dryers in the property. For more information on personal property watch this https://www.youtube.com/watch?v=6EhiuxZMOuI
Master Your Real Estate Metrics

Should I Sell or Rent Out My House?
Get a quick read on the financial viability of renting versus selling your house.
Free Rent/Sell Calculator
Maximize your Return on investment
Make data-driven decisions and evaluate the profitability of your real estate ventures.
Free ROI Calculator
How much is your vacant property costing you?
Quantify potential income loss due to vacancies and make informed real estate investment decisions.
Free Vacancy Loss Calculator
Management LifeCycle Brochure
Discover how Grace guides you through every stage of property management, from tenant screening to maximizing your investment's potential. This brochure reveals our comprehensive services designed for owners, tenants, and agents, ensuring a seamless experience.
Get the Free PDFAreas We Serve
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Arvada
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Aurora
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Berthoud
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Brighton
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Broomfield
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Castle Rock
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Centennial
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Cherry Creek
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Commerce City
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Dacono
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Denver
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Englewood
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Erie
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Firestone
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Fort Lupton
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Frederick
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Golden
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Greeley
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Highlands Ranch
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Johnstown
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Lafayette
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Lakewood
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Littleton
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Lone Tree
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Longmont
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Loveland
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Northglenn
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Parker
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Thornton
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Westminster
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Wheat Ridge
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Windsor