Louisville or Boulder? [Analyze This]
by Osman Parvez
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Boulder buyers often consider Louisville as a more affordable alternative. Over the years the spread between these markets has widened.
This isn’t just happy talk and hand waving. Let’s look at the data.
Enter the wayback machine.
A few years ago, we helped a Doctor decide between purchasing in Boulder or Louisville by analyzing all the sold homes with 4 bedrooms and 2 bathrooms and running a regression. This is what it looked like.
The chart above confirms what you probably already suspect. Boulder is a more expensive market but historically, it’s also appreciated faster. The gap is widening. Now that’s info to help you make a smarter real estate decision.
p.s. Don’t write off Louisville. If you’ve spent any time in Lville lately, you know the small downtown area continues to improve. It has become a viable alternative for an evening out, especially if you’ve got (or plan to have) a family.
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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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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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