The Deep End of the Boulder Real Estate Market [Fresh Listings, Get ‘Em Hot]
Miss us last week? Sorry, sometimes we sneak away midweek to savor a little of the Colorado good life. But don’t worry. It didn’t stop us from putting another of our buyers under contract this past weekend. We locked down the best of several entry level houses that hit the Boulder market last week.
Client first, always.
Now, we’re back with another round of fresh listings. What’s worth seeing in Boulder real estate this week? Let’s dive in!
To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and price trends, call Osman at 303.746.6896.
Fresh Listings
Boulder
1655 High Street | $2,650,000 | More Details
A spectacular Boulder location – just a few blocks from downtown, nestled among other high-end homes, on a large lot on a dead-end street. The house is great as it stands and the lot size should leave you plenty of flexibility for changes in the future.
The structure was originally built in the 1950’s and then completed redone and expanded in 2000. The interior design aesthetic is a little last century, so save some budget for a cosmetic refresh.
Due diligence: Don’t forget to discuss market conditions at the high end with your Realtor. Bidding wars are not at $2MM+ price points.
2850 6th Street | $1,250,000 | More Details
Note: Your real estate dollar goes farther in rapidly improving South Boulder with better schools and arguable better open space and trails. The downside risk is higher due to lower density of higher end homes.
Due diligence: Flood damage in 2013. Check for professional mitigation.
1082 Albion Road | $900,000 | More Details
Due diligence: Ranches with full basements are selling for substantially less across Broadway in Majestic Heights, but there’s a reason for the price difference. Ask your agent… and if they can’t give you a solid answer, get a better Realtor.
630 Hartford Drive | $845,000 | More Details
The park at the end of the street is freshly built. The improvements at the retail plaza is set to further add value to the area. This house is much smaller than 1082 Albion (see above) but many buyers prefer the bi-level style because the basement is above grade. The seller has nicely updated this property. We happen to know one of the former tenants. Due diligence: check for proper flood damage mitigation.
3000 Broadway Street 1-2 | $750,000 | More Details Due diligence: The seller’s investment analysis is frankly entertaining. Clients, ask about our proprietary investment model. It includes a few missing variables that you might want to include – like maintenance costs!
1013 Berea Drive | $749,000 | More Details We’ve sold several houses on Berea in recent years. It’s a great street in one of the best neighborhoods in Boulder. Solid schools. Rec center and parks across the street. The Table Mesa shopping center retail mix is rapidly improving, with Lucky’s Market on the way.
Due diligence: As of this writing, square footage is wrong on the basement. Traffic noise from Broadway
2439 Bluff Street | $650,000 | More Details
1802 Canyon Boulevard 1 | $529,000 | More Details
Downtown town home built in ‘08. We’ve toured these and they’re tasteful. Square footage is small but high ceilings compensate. Great pad for the urban minimalist who doesn’t need the extra bedrooms.
Due diligence: Road noise from Canyon.
715 Arapahoe Avenue 1 | $475,000 | More Details
Backs directly to Boulder Creek. A few minutes stroll to Alfalfas and the best of downtown Boulder. Reasonable investment potential, easily rentable to students, young professionals or boomers looking to downsize.
3009 Madison Avenue L-212 | $324,900 | More Details
Students love Wimbledon for its easy access to CU and roommate friendly layout. Investors love it because construction quality is reasonable for this price point and vacancies are unlikely.
Due diligence: Prices only recently crossed the $300K threshold, see our investment analysis HERE.
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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. Image: Markus Spiske
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Testimonials
Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
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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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