New Year Brings New Variety



By Osman Parvez
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With a new year comes new opportunity. In Boulder, inventory typically grows in early January and steadily builds until it reaches a seasonal peak in late May or early June.  If you’re serious about buying real estate, now is the time to meet with your Realtor to develop an effective strategy for finding the right home. 

Part of that strategy should include seeing listings regularly, even if you’re months away from pulling the trigger. When the right one hits the market, you won’t have time to familiarize yourself with contract norms, negotiation tactics, or property valuation. Remember: Intelligent real estate decisions are based on deep market knowledge. There is no short-cut. 


This week, about 70 properties hit the market in Boulder. We’ve sifted through and picked out the freshest, most desirable homes for your viewing pleasure. As always, if you have any questions or would just like to talk about real estate, don’t hesitate to give us a call.  


p.s. Don’t forget, just because it’s worth seeing doesn’t mean it’s worth buying. 

To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.




Sold Listings of Note
Recently closed transactions that highlight market conditions.

194 Artesian Dr | $1.32MM | More Details
An apartment building with a mix of studios, 1 bedroom and 2 bedroom apartments, in the heart of Eldorado Springs. Sold for $175K below asking after it was originally listed on June 1st of last year. 100% occupied with a cap rate at 6.7%. Why did it take so long to sell? Perhaps the fact the building is almost 100 years old and Eldo is a very unique place. 






Fresh Listings
The best of Boulder real estate and beyond.



Boulder 

2040 Walnut St | $2.24MM | More Details
Elegant, spacious and in a decent downtown location with a great neighbor to the west (I’m looking at you, Dave). Built in 1910 and completely renovated. Includes tasteful guest house with kitchen and bath.  Due diligence: High student density from nearby apartment buildings.  



1945 Norwood Ave | $2.09MM | More Details
Just east of 19th street, not far from Centennial Middle School.  This location is a quick bike ride downtown, but still quiet. Most neighboring homes sit on larger lots. This one is a 5 bed, 5 bath with a rare 3 car garage. It’s large, nicely finished and sits on a decent size lot. Note:  Normally when a listing leads with an interior shot, there’s something off about the curb appeal.  Not so in this case. The photos are likely just out of order. 






430 S 40th St | $800K | More Details

Extensively renovated ranch in Martin Acres in a decent location.  The house features modern interior finishes, a vaulted living space, 1 car garage and a finished basement.  Exterior looks a little unassuming. Give it a modern cosmetic finish (stucco, perhaps) and call it done.  Is that a Studio Shed in the backyard?  




To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.




4860 Sioux Dr | $680K | More Details
3 bed, 2 bath ranch in Keewaydin. Good bones for a remodel, which it needs. Only four homes away from Foothills.  Due diligence: Road noise and it’s in the 100 year flood.  If your agent says that’s no big deal and starts talking about Google, find a Realtor who will walk you through the risk and constraints






6533 Barnacle St | $630K | More Details

Wonderfully updated home close to Twin Lakes and Avery. Vaulted ceilings, 4 beds and 3 baths at an affordable entry level price point. Due diligence:  Will your insurance policy cover a climbing wall?









5425 White Pl | $485K | More Details
3 bed, 2 bath townhome near 55th and Arapahoe. Decent finishes and a 2 car garage. This is a quiet area with low student density. Close to Blackbelly, which has a fantastic happy hour. Other retail, too.  












Longmont 




2303 Barn Swallow Dr | $560K | More Details

A solid option for an affordable family house in South Longmont. 4 bedrooms on the upper level, 3 baths and over 3,000 SQFT. High ceilings. Close to bike paths, Whole Foods, and an easy commute to Boulder. 





340 Vivian St | $500K | More Details

Charming bungalow in Old Town. Well maintained, nice finishes, finished basement and a 2 car garage. Short bike or drive to Main St. 










To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.


Superior 


2361 Stonecrop Way | $465K | More Details

One of a number coming on market, most at higher price points.  This 3 bed, 4 bath, 1600 SQFT townhome is in the new Downtown Superior. Currently under construction. Click to see renderings. We are interested to see how this development turns out. It’s compelling for buyers looking for a home close to both mountain activities and city culture/amenities. The price is affordable. One of our clients closes on one later this month. 

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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: Christopher Harris 

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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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