517 Grant Ave [Louisville Notable Sale]


Louisville NOTABLE SALE:
517 Grant Ave| $2.4M


A spectacular, turn key Louisville home steps away from the Community Park and historic downtown. Recently constructed and environmentally friendly, with some oddities (like a sauna plopped in the middle of the room in the basement) and a few finish mismatches. The ADU was nicely designed and practical, great for a WFH office away from the kids. Our clients found the primary bedroom was a bit tight on space. Nods to Louisville’s heritage could be found throughout the house, which included old mining light fixtures and dynamite boxes used as the face for the drawers. The yard consisted of recycled tires and Astroturf.

Due diligence: The home sold for 2.4M, more than 20% above the list price. That might surprise some buyers, but compared to equivalent options in Boulder, you could also say this home sold for a $1M discount. 

Boulder has historically traded at a substantial premium and the depth of market is bit thinner in Louisville, but this town also has many things going for it that Boulder lacks – including far lower crime, more walkable and livable community, and a less built up, urbanized living experience. The value proposition is strong. I expect the luxury end of Louisville’s market to continue to grow well into the foreseeable future. 
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Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our discussion of notable sales is designed to help educate you on market conditions and 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.


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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. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  

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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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