7010 Olde Stage Rd [Boulder Notable]

Osman Parvez|December 26, 2022|Boulder, Notable Sale|

BOULDER NOTABLE SALE: 7010 Olde Stage Rd | $2.4M

Although a popular cycling route, homes on Olde Stage can be subject to considerable traffic noise. This one sits only about 100’ away from the road, and for that reason alone, we would have advised our clients to not pursue it. Still, the home was generously sized and nicely designed for fifteen years old.

Due diligence: The home was described as having a “stucco exterior over rigid form for additional insulation.” This is also known as an Exterior Finish Insulation System, or EFIS. If installed correctly and properly maintained, it’s a fantastic product. In many cases, neither of those things are true, which requires expensive correction. It also limits the market for the home, given that many buyers are scared off by EFIS horror stories. Based on many experiences, we now have a protocol for EFIS homes – whether on the buy or sell side of the deal.

Deal notes: The property was listed for $2.6M, on market for about 30 days, and closed for 7.7% below the asking price.

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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.

Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market.| Subscribe

Socials: Facebook | Twitter | Instagram | YouTube

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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7010 Olde Stage Rd [Boulder Notable]

Osman Parvez|December 26, 2022|Boulder, Notable Sale|

BOULDER NOTABLE SALE: 7010 Olde Stage Rd | $2.4M

Although a popular cycling route, homes on Olde Stage can be subject to considerable traffic noise. This one sits only about 100’ away from the road, and for that reason alone, we would have advised our clients to not pursue it. Still, the home was generously sized and nicely designed for fifteen years old.

Due diligence: The home was described as having a “stucco exterior over rigid form for additional insulation.” This is also known as an Exterior Finish Insulation System, or EFIS. If installed correctly and properly maintained, it’s a fantastic product. In many cases, neither of those things are true, which requires expensive correction. It also limits the market for the home, given that many buyers are scared off by EFIS horror stories. Based on many experiences, we now have a protocol for EFIS homes – whether on the buy or sell side of the deal.

Deal notes: The property was listed for $2.6M, on market for about 30 days, and closed for 7.7% below the asking price.

Like this content? Check out Fresh Listings. It’s our review of the most compelling new listings to hit the Boulder and Denver real estate market | Subscribe

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.

Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market.| Subscribe

Socials: Facebook | Twitter | Instagram | YouTube

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.

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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7010 Olde Stage Rd [Boulder Notable]

7010 Olde Stage Rd [Boulder Notable]

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