Client Preview: 2037 Mapleton Ave [Video]
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by Osman Parvez
A client asked us to take a closer look at 2037 Mapleton Ave so I toured the home yesterday. Attractive, well priced homes tend to go very quickly in Boulder. Video preview are a service we offer primarily to our relocation buyers, but occasionally we do these videos for our local buyers too (when they’re out of town or otherwise can’t attend).
Sadly, 2037 Mapleton shows clear evidence of foundation failure. If you’re considering an offer, I recommend valuing this property at a dirt-lot minus the cost of demolition of the existing structure. The cost to restore it would almost certainly exceed market value.
Supposedly there is already a demo permit issued for the house but a search didn’t turn it up. Given its historic nature, I strongly advise leaving open all contingencies on the contract to check for its validity. You should also verify deconstruction cost. Don’t be surprised if it’s a lot more than you expected.
Our client passed on the property. Here’s the video.
Update: At the request of the seller, we’ve removed the video. Given the circumstances of the sale and the former occupant’s connection to the community, we felt this was the appropriate decision.
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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. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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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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