453 Pine Street [Notable Sale]
We wrote about this gorgeous Four Square when it first hit the market in August of 2020. Acquired fifteen years ago, it was beautifully updated and renovated by the owner. I’m quite surprised it didn’t sell faster. During its listing period, it went under contract several times before a buyer completed the purchase. This is not uncommon for higher-end properties.
From a marketing perspective, the seller priced on the high side but stuck with it. That’s part of the strategy for luxury homes. There were no price reductions throughout the listing history. It eventually sold for 6.3% below the list price, about the discount we would expect to negotiate for a seasoned listing on the luxury end of the market.
Moral Of The Story
Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our goal is to educate you on market conditions and recent sales to help you make a smarter real estate decision.
Osman Parvez is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.
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. For more information, click HERE.
Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market. | Subscribe
Thinking about buying or selling and want professional advice? Call us at 303.746.6896. 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. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
453 Pine Street [Notable Sale]
We wrote about this gorgeous Four Square when it first hit the market in August of 2020. Acquired fifteen years ago, it was beautifully updated and renovated by the owner. I’m quite surprised it didn’t sell faster. During its listing period, it went under contract several times before a buyer completed the purchase. This is not uncommon for higher-end properties.
From a marketing perspective, the seller priced on the high side but stuck with it. That’s part of the strategy for luxury homes. There were no price reductions throughout the listing history. It eventually sold for 6.3% below the list price, about the discount we would expect to negotiate for a seasoned listing on the luxury end of the market.
Moral Of The Story
Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our goal is to educate you on market conditions and recent sales to help you make a smarter real estate decision.
Osman Parvez is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.
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. For more information, click HERE.
Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market. | Subscribe
Thinking about buying or selling and want professional advice? Call us at 303.746.6896. 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. House Einstein strongly recommends 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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House Einstein
Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
