770 Lincoln Place [Notable Sale]
NOTABLE SALE: 770 Lincoln Place | $3.36M
A mostly remodeled and updated two-story, about a half block from Chautauqua. The bedroom count and size was adequate for most buyers, and the remaining remodeling was rather minimal (bathrooms). Priced at just under $3M, we’re surprised to see the bidding war drove the price over 10% above list. Then again, there’s very little inventory, and capital markets are absolutely flush with cash. Boulder real estate is rarer than ever, and there’s very little chance of supply expansion in the near-term. This home checked so many boxes, it’s not a surprise the buyer paid a premium. It’s just a surprise that the premium exceeded 10%.
Note: We sent this to one of our buyers, but they felt the parking situation on the street was untenable.
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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.
770 Lincoln Place [Notable Sale]
NOTABLE SALE: 770 Lincoln Place | $3.36M
A mostly remodeled and updated two-story, about a half block from Chautauqua. The bedroom count and size was adequate for most buyers, and the remaining remodeling was rather minimal (bathrooms). Priced at just under $3M, we’re surprised to see the bidding war drove the price over 10% above list. Then again, there’s very little inventory, and capital markets are absolutely flush with cash. Boulder real estate is rarer than ever, and there’s very little chance of supply expansion in the near-term. This home checked so many boxes, it’s not a surprise the buyer paid a premium. It’s just a surprise that the premium exceeded 10%.
Note: We sent this to one of our buyers, but they felt the parking situation on the street was untenable.
Like this content? Check out Fresh Listings. It’s our review of the most compelling new listings to hit the Boulder and Denver real estate market | Subscribe
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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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
