Mapleton Hill Trophy or Mountain Log Cabin? Choose Your Adventure [Boulder – Fresh Listings]
The Boulder real estate market is starting to heat up. There are now over 1,300 properties listed for sale. About 43% are under contract. Believe it or not, the market is more balanced now than in many years. In the city of Boulder, house inventory is up about 10%. Attached dwellings (condos and townhomes) are up far higher, largely driven by new construction. Buyers have more selection and fewer bidding wars. But make no mistake, attractive, well priced properties will continue to disappear quickly. The key is knowing which homes are worth your time to consider. Like the chart above? Visit our [...]
Top Boulder Real Estate Sales [#2]
--- by Osman Parvez It's hard to beat the views from the hot tub of this epic luxury condo. When completed in '05, 1155 Canyon Blvd was also the first building in the country to achieve Silver Leeds certification. Three bedrooms, four baths, and 5282 SQFT. Movable walls, premium construction quality and finishes, exceptional interior and exterior entertaining spaces, sound barriers to muffle out any unwelcome intrusions from the busy streets below. The seller acquired in the property for $5.3MM in 2004 and it sold for $5.5MM this past March, for a $200,000 gain and a relatively paltry 1% [...]
Have You Crunched the Numbers? [Boulder Fresh Listings]
I've been crunching the latest data on real estate conditions in Boulder. It paints an interesting picture. Inventory continues to build, as expected, but pending sales spiked dramatically upwards in February. What does it mean? There's more to the story - a lot more. The real estate market varies by location, down to the neighborhood level. Property type and price range are also key factors. I'll be publishing charts and analysis on the blog and our socials for the next week or so. In the meantime, I know why you're here. It's Friday. Let's talk about the new listings. From high-end [...]
Boulder is a Real Estate Winter Wonderland, Better Bundle Up [Boulder Fresh Listings]
Old Man Winter decided to pay a frosty visit to Boulder this weekend. If you're not enjoying the POW in the mountains, put on your mittens. It's a great time to go look at houses. Why? Because buyers tend to focus on the most attractive new listing in any given location and price point. It's a little like young children chasing a soccer ball. House buyers like to play herd ball and in poor weather, many will sit on the sidelines, potentially reducing the competition. 129 new listings hit the market this week. Only 8 made my list and, as [...]
Ready for the Spring Market, Mr. Tibbs? [Boulder – Fresh Listings]
From spacious family houses to a small duplex, we cover a lot of territory this week. We also venture further out of the Boulder bubble to look at the value provided in adjacent locations like Indian Peaks and Gunbarrel. Take a look, you might be surprised. Market update: As of this writing, 42.2% of available inventory is under contract in Boulder - substantially slower than last year. Full market analysis coming next week. Buyers, now is the time to be judicious in your property selection and disciplined in your negotiations. Sellers, the writing is on the wall. If you're serious about [...]
Lean-In, It’s Time to Play Hardball [Boulder Fresh Listings, Get ‘Em Hot]
Winter is in the homestretch and you'd rather be sipping piña coladas on the beach in Maui. Or gazing at the sunset from an endless pool overlooking the ocean. Yeah, me too. Forget it. Inventory is picking up and January was a slow month in Boulder real estate. The smart move is to become more selective, not sit on the sidelines. The key is to choose wisely. I sifted through this week's fresh listings and removed poor locations, refreshed old listings, and absurdly overpriced homes. Over one hundred listings hit the market this week in Boulder but just five properties made [...]
Better Than a Floating House [Boulder Fresh Listings]
And... we're back. I just spent 2 weeks in beautiful Thailand and Cambodia to celebrate my honeymoon. Travel always gives me a sense of perspective. Right now, I'm feeling grateful for the luck to be born in this country and live in Boulder, one of its best cities. I'm also thankful for an opportunity to continue to build a great company, lead a fantastic team, and be of service to our buyers and sellers. If you think about it, any of us might have been born in a country riddled with poverty and corruption like Cambodia. We could have been [...]
Top Boulder Real Estate Sales of 2018 [#3]
--- by Osman Parvez The Liskey House at 702 Pine Street is located in the Mapleton Hill Historic District, steps from downtown Boulder and in close proximity to Mt. Sanitas. Jay and Linne Liskey were the first owners, grocers who relocated to Boulder from Iowa in 1904. The house is considered to be a Queen Anne with some elements of Shingle Style architecture. It's on the largest and most visible lot in the 700 block of Pine street, with the Farmer's ditch running along side it. The two car, Craftsman Bungalow style garage dates from 1917 as in considered contributing to the historic significance [...]
Top Boulder Real Estate Sales of 2018 [#4]
--- by Osman Parvez Completed in 2007 by James Chanin, developer of Boulder's Landmark Lofts, 1676 Sunset Blvd is the #4 Top Real Estate Sale in Boulder for 2018. This eye catching modern home features a designer kitchen, Gaggenau appliances, minimalist interior and exterior finishes, integrated media, a spa area with a steam room, and more. The private backyard includes gorgeous tiered gardens. Sunset is desirable due to its exclusivity, excellent views, and short walk to downtown. It's a coveted location. Listed in March of last year at $5MM, the seller was confident in their asking price. They held firm, [...]
Top Boulder Real Estate Sales of 2018 [#5]
--- by Osman Parvez I once asked a very successful real estate investor if he ever regretted selling any of his properties. "Every single one," he answered. 35 Bellevue Drive is the #5 Top Boulder Real Estate Sale of 2018. Acquired in the spring of 2013 for $3.1MM, the seller owned the house for five years before they sold it back to the previous owner for $4.75MM, notching a gain of $1.65MM or about 8.9% IRR. Seems like the buyer missed his old digs. Who could blame him? Located at the very top of Bellevue drive near Chautauqua, with epic [...]
Historic Sunset Hill, Eye Popping Panorama [Boulder – Fresh Listings]
The early birds have tottered from the nest and the new real estate year is off to a proper start. A handful of exciting new listings hit the market this week (along with a bunch of leftovers from last year). I sifted through the options, looking for the most interesting and compelling properties. Are you ready to see some houses? You'll find the best listings to hit the Boulder area real estate market below. As always, we'll kick it off with a discussion of notable sales. For private showings and discussion of market conditions, valuation, and negotiation strategy, call Osman [...]
Top Boulder Real Estate Sales of 2018 [#6]
--- by Osman Parvez Charles Haertling designed dozens of buildings in Boulder during the 60's and 70's. An architect and city council member, he created the Menkick House to seamlessly flow directly into a prominent rock outcropping. It features a distinctive mid-century modern design with a large cantilevered deck overlooking the creek, perfect for entertaining. This extraordinary home contains four bedrooms, five baths, and just over 5,100 finished square feet on a 1+ acre lot at the base of Sunshine Canyon. The Menkick House is the #6 Top Boulder Real Estate Deal of 2018. Pics and Details I visited this home several times [...]
Top Boulder Real Estate Sales of 2018 [#7]
--- by Osman Parvez After acquiring the land in 2007, it took nearly a decade for the owners to execute their vision and build their dream home at 1765 Sunset Blvd. This exceptional luxury property featured state of the art design and construction, seamless indoor and outdoor living areas, and a top tier location with the best of both worlds - a spectacular view and close proximity to Boulder's downtown. Pics and Details True story: I toured the home several times with my buyers but by the time they decided to move forward with an offer, another buyer had already [...]
Secret Safe Rooms and Hidden Opportunities [Boulder – Fresh Listings]
Time to kickoff the new year. Dozens of listings hit the market this week. I culled the old refreshed properties, poor locations, and otherwise less than optimal options. Only a few are worth your attention. One even has a safe room. Ready to see some houses? Let's get started with a discussion of notable sales. For private showings and discussion of market conditions, valuation, and negotiation strategy, call Osman at 303.746.6896. My goal is to help you make a smarter real estate decision. Sold Listings of Note 2873 6th Street | $2.5MM | Pics and Details A traditional family home in [...]
Top Boulder Real Estate Sales of 2018 [#8]
--- by Osman Parvez Theodore Roosevelt was still President when 665 12th street was designed and constructed, as it happens, by the same architect as the Hotel Boulderado, A jaw dropping 1908 beauty, it features a wrap-around front porch, classic historic built-ins and period details, and a swimming pool - all within strolling distance to Chautauqua park. For nearly twenty years, it was also owned by actor and director Peter Goldfarb. At a gain of $3.35MM over the seller's ownership period, it appreciated at a rate of about 8.2% excluding any improvements. That's why the smart money often focuses on [...]
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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.
