Winter Is NOT Coming [Boulder Fresh Listings]
Come on people, step away from HBO for a moment. We're in the SPRING market! There are over 1,500 listings on the market in Boulder County. Nearly two hundred more hit the market this week, alone. Can you read past the doctored listing photos and Realtor hyperbole? If you're a buyer, what's worth seeing and what should you skip over? Many listings are overpriced, poorly located or in compromised locations. Yet nearly 1 in 5 houses during the 1st quarter sold for more than asking in the City. Once again, it's a tale of two markets. To help guide you, I sifted [...]
Have You Found Your Way Home Yet? [Boulder – Fresh Listings]
Home. It's where families grow together and friendships kindle. It's where we break bread and share our life stories. Memories of our childhood homes create a resonance, a fond nostalgia for time and place. Well designed historic homes and those that echo historic design themes remain highly in demand, no matter the economic or real estate cycle. This week's fresh listings include another Charles Haertling masterpiece, an estate with true waterfront, a beautifully updated historic home in Chautauqua and more. 179 new listings hit the MLS this week. Only 7 made the list. Remember: just because it's worth seeing doesn't [...]
Does This Home Spark Joy? [Boulder Fresh Listings]
Last week, I completed House Einstein's analysis of first quarter real estate market conditions in Boulder, Longmont, and Denver. You'll find charts showing inventory, sales volume, and pending sales published across our social feeds on Insta, Facebook, and Twitter. Here's a summary: As with the last cycle ('06-'09), the market for houses in the City of Boulder is proving more resilient than neighboring cities. Inventory is about 12% above average in Boulder, while in Longmont and Denver it's increased substantially more - about 20% and 30% above average, respectively. Within the these markets, certain neighborhoods and locations are still experiencing intense [...]
Facts + Historic Mapleton Hill + ADUs,+ Newlands + Hidden Upside + More [Boulder Fresh Listings]
You can't make an intelligent decision without knowing the facts. Period. Spring is here and the Boulder real estate season is officially underway. Overall, inventory is up and buyers have more selection now than in the past several years. More sellers are bringing their homes to market and facing stiffer competition. Things could get interesting. Remember, market conditions vary dramatically by price range, property type, and location - down to the neighborhood and street level. The market for a custom home in Table Mesa is not the same as Majestic Heights, despite being separated by a single (albeit busy) street. [...]
Architectural Stunners and Mountain Dream Homes [Boulder Fresh Listings]
Organic architecture creates harmony between living spaces and the natural world around it. Designers utilize large portals to the outdoors with an orientation to views or geologic features, plus other elements inspired by natural forms. Some designs have been more enduring than others. This week, several homes with outstanding design features made the list. These include a Steve Dodd home in exclusive Lake of the Pines and a stunning mid-century Tician Papachristou off Lee Hill Rd. Note: It's spring break for BVSD. Many potential buyers are out of town, which is why this week is normally a slow one for Boulder [...]
430 Christmas Tree Dr, Boulder
430 Christmas Tree Dr, Boulder 4 bd| 3 ba | 3,096 sqft $2,300,000
Portfolio Worthy Historic Homes and Ultra Luxury Estates [Boulder Fresh Listings]
Historic homes are charming and located in the best parts of Boulder, but there's another reason to buy them. They hold their value exceptionally well, sell faster, and appreciate better than mass produced homes from the 1950's and beyond. I absolutely adore historic homes and consider them a wise investment, but I also warn my buyer clients to go in with eyes wide open. Historic properties often have issues with foundations, a lack of closet space, deferred maintenance, and inadequate electrical, plumbing, and mechanical systems. Expect to conduct extensive due diligence and if you buy, plan for maintenance costs that [...]
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 [...]
2995 Vassar Dr, Boulder
2995 Vassar Dr, Boulder 3 bd | 3 ba | 2,119 sqft $1,100,000 Sold On 02/22/2019
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 [...]
