Louisville or Boulder? [Analyze This]
by Osman Parvez
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Boulder buyers often consider Louisville as a more affordable alternative. Over the years the spread between these markets has widened.
This isn’t just happy talk and hand waving. Let’s look at the data.
Enter the wayback machine.
A few years ago, we helped a Doctor decide between purchasing in Boulder or Louisville by analyzing all the sold homes with 4 bedrooms and 2 bathrooms and running a regression. This is what it looked like.
The chart above confirms what you probably already suspect. Boulder is a more expensive market but historically, it’s also appreciated faster. The gap is widening. Now that’s info to help you make a smarter real estate decision.
p.s. Don’t write off Louisville. If you’ve spent any time in Lville lately, you know the small downtown area continues to improve. It has become a viable alternative for an evening out, especially if you’ve got (or plan to have) a family.
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Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Louisville or Boulder? [Analyze This]
by Osman Parvez
—-
Boulder buyers often consider Louisville as a more affordable alternative. Over the years the spread between these markets has widened.
This isn’t just happy talk and hand waving. Let’s look at the data.
Enter the wayback machine.
A few years ago, we helped a Doctor decide between purchasing in Boulder or Louisville by analyzing all the sold homes with 4 bedrooms and 2 bathrooms and running a regression. This is what it looked like.
The chart above confirms what you probably already suspect. Boulder is a more expensive market but historically, it’s also appreciated faster. The gap is widening. Now that’s info to help you make a smarter real estate decision.
p.s. Don’t write off Louisville. If you’ve spent any time in Lville lately, you know the small downtown area continues to improve. It has become a viable alternative for an evening out, especially if you’ve got (or plan to have) a family.
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
