605 Theresa Dr [Boulder Notable]
BOULDER NOTABLE SALE:
605 Theresa Drive | $3.5M- Acquired last year for $2.4M, the seller extensively remodeled this six bedroom, five bath house but supposedly realized it was just too small for their needs. Here’s what it looked like before the remodel.
- The second garage (detached) could have been repurposed as a pool house or studio, if the garage space was unwanted. Or it could have been used for recreational/family purposes.
- We showed it to our clients, but it was a bit too far out of pocket for their needs. Otherwise, it checked a lot of boxes in terms of design and finish.
- Deal Notes: Updated homes in attractive locations that meet the functional needs of a majority of buyers attract a premium, even in a flat market. Sometimes, life circumstances create an unplanned short holding period. We’ve experienced this scenario many times with our own clients. If the property was chosen well, tasteful updates and Mr. Market can still bail them out. Listed on February 21, it attracted strong buyer interest and sold for $375K above list.
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.
605 Theresa Dr [Boulder Notable]
BOULDER NOTABLE SALE:
605 Theresa Drive | $3.5M- Acquired last year for $2.4M, the seller extensively remodeled this six bedroom, five bath house but supposedly realized it was just too small for their needs. Here’s what it looked like before the remodel.
- The second garage (detached) could have been repurposed as a pool house or studio, if the garage space was unwanted. Or it could have been used for recreational/family purposes.
- We showed it to our clients, but it was a bit too far out of pocket for their needs. Otherwise, it checked a lot of boxes in terms of design and finish.
- Deal Notes: Updated homes in attractive locations that meet the functional needs of a majority of buyers attract a premium, even in a flat market. Sometimes, life circumstances create an unplanned short holding period. We’ve experienced this scenario many times with our own clients. If the property was chosen well, tasteful updates and Mr. Market can still bail them out. Listed on February 21, it attracted strong buyer interest and sold for $375K above list.
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.