2831 20th St [Boulder Notable]
BOULDER NOTABLE SALE: 2831 20th St | $1M
2831 20th Street started as a typical mid century ranch. At some point, likely in the mid 90’s, the owner constructed an addition with a second story primary bedroom.
The location is solid for north central Boulder; it’s only a short bike ride to downtown or to Google. The interior was quite dated. Likely it’s been a rental for many years.
Deal notes: Listed at $950K, the property went under contract within the first week and closed at slightly over $1M. This is a good example of a house that wasn’t worth a bidding war, in my opinion.
Due diligence: The listing says this property is minimal risk when it comes to flood, but my research shows it’s in the 500 year flood plain. In the past, we’ve felt the 500 year floodplain was not really a concern, but recent conversations with our climate change expert clients has shifted our perspective. Flood plains are not conservative, are politically influenced, and will likely change in coming years. We would have advised our buyers to consider alternatives.
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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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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Testimonials
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.
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.
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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.
