301 Eudora St [Denver Notable]
DENVER NOTABLE SALE: 301 Eudora St | $2.2MStrong buyer interest allowed this Hilltop neighborhood historic home to close for slightly over list, despite slow fourth quarter market conditions. 310 Eudora featured five bedrooms (four on the upper level), four baths, and approximately 3,800 SQFT. The home home was thoroughly renovated during the seller's tenure, with plenty of upside given an initial acquisition price of only $750,000 in 2014. Due diligence: Historic homes require much greater due diligence than newer homes. When an owner completes an extensive renovation, the work quality, finishes, and fixtures are generally much higher quality than one would expect [...]
1620 Little Raven St 705 [Denver Notable]
DENVER NOTABLE SALE: 1620 Little Raven St 705 | $1.2MGood things come to those who wait. Listed at $1.32M just before New Years, the seller of this luxury condo slashed the price seven times over the course of six months before a buyer appeared with an acceptable offer. A top floor, two-bedroom apartment with nice views over Commons Park, positioned on the other side of the building further from the railway tracks. Ball Arena, Coors Field, and Union Station are only a few blocks away. Finishes are tasteful, albeit likely original from the building’s construction in 2005. The $740/month HOA might have been a bit of a deterrent [...]
4855 Knox Ct [Denver Notable]
DENVER NOTABLE SALE: 4855 Knox Ct | $650KA historic bungalow, on a quiet street only a few blocks from Regis University. The house featured two bedrooms, two baths, and 1,591 SQFT. Nicely updated, this house was effectively, turn-key.Deal notes: The house was available for less than a week. Strong buyer demand drove the sale price to 4% above list. The deal closed with a VA loan, no disclosed concessions. 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 | SubscribeNote: The Realtors at House Einstein did not represent the buyers or sellers of this [...]
2400 N Broadway 7 [Denver Notable]
DENVER NOTABLE SALE: 2400 N Broadway 7 | $1.5MThis luxury apartment has a private patio overlooking the city, which is larger than the unit itself. Check out those marvelous views! 2 reserved and seriously secure parking spaces. Modest sized 2 bedroom, 2 baths but functional. Interior is tasteful and opens to the patio.Deal notes: Truly rare property is available for short periods, even in a slow real estate market. It was under contract within days of hitting the market and sold for the list 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 [...]
120 N Franklin St [Denver Notable]
DENVER NOTABLE SALE: 120 N Franklin St | $2.9MA rare gem and last on the market more than 30 years ago. Located in the highly desirable Country Club neighborhood, on a quiet street, peppered with luxurious turn of the century mansions. Constructed in 1910, it features expansive square footage and plenty of rooms to satisfy most buyers. Finishes are quite worn and ready for a refresh, but the bones and location of this beauty will support the additional capital investment. Deal notes: Some property acquisitions are truly a once in a lifetime opportunity. Others are just the typical listing agent hyperbole. It’s critical to know the [...]
What Goes Up Must Go Down? [Analyze This]
In our latest newsletter, we spend quite a bit of time discussing market conditions in Boulder and Denver- including an analysis of the chart above. We tell you what buyers and sellers should expect for the second half of the year. You'll also find a discussion of the most interesting new listings and notable sales to hit the local market. There's only one place to get it: House Einstein's Fresh Listings. Sign up HERE. 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 [...]
3534 Alcott St [Denver Notable]
DENVER NOTABLE SALE: 3534 Alcott St | $1.05MOriginally constructed in 1900, this adorable bungalow in Potter Highlands had been extensively renovated and a two car garage added. New finishes and fixtures were kept traditional and match the historic style of the home. The layout was ideal for most buyers, with one bedroom on the main level. Landscaping was very attractive. No surprise, it sold quickly. Deal notes: Listed on June 2nd, the home quickly attracted multiple offers and sold for $57K above list. The buyer utilized a conventional mortgage (i.e. not cash). As the market slows, this deal illustrates how well-sorted, [...]
1321 Race Street [Denver Notable Sale]
DENVER NOTABLE SALE: 1321 Race Street | $1.56M The Galagher House is a large, historic mansion in close proximity to Cheesman Park. Owned by the seller for nearly a decade, it exudes authenticity with period correct millwork and finishes. The home featured five bedrooms, all on the upper level, and four baths across its 6,400 SQFT. A solarium was added in 2020 at a supposed cost of $250,000. In my opinion, the home mostly just needed an interior refresh and as such, represented a relative bargain in this heated market. That's assuming you could live with lack of a decent [...]
What’s New at House Einstein – Dec 5, 2021
Note: The following was published as the introduction to the latest Fresh Listings Newsletter, a review of the most interesting new listings and notable sales in Boulder, Denver, and surrounding areas.What's New at House Einstein?We had four closings this past week, with deals in Denver, Westminster, and Boulder. After multiple offers, our listing on Chinook, the one with the two-story indoor waterfall, closed at nearly $375K over the list price. Credit for that goes to the seller for trusting our advice in how to prepare and market the home. I also want to thank the entire House Einstein team for their support throughout the process [...]
157 South Corona Street [Notable Sale]
DENVER NOTABLE SALE: 157 South Corona Street | $550K What Makes it Notable? A cute 2-bedroom 1-bath historic bungalow located just southwest of the Country Club. Brimming with charm, but the interior had not been touched in many decades, and the backyard was completely overgrown. This is a good illustration of what might be possible for entry-level buyers looking for historic houses in Denver. 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 Market Note We've been advising our entry-level buyers the past 18 months that virtually all desirable homes in [...]
2916 Perry Street [Notable Sale]
NOTABLE SALE: 2916 Perry Street | $1.05M Why Is It Notable? A fantastic score for House Einstein’s own Sophie Kloor, who helped our clients beat out the other offers and lock down this gorgeous three-story townhome in the Highlands. Modern and tasteful, the location is clutch, and that rooftop view-deck will be a blast for entertaining friends. The third floor is perfect for when the Buyer's parents stay to help out with their growing family.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 Osman Parvez is the Founder and Employing Broker [...]
How’s the Market, Osman? [Analyze This]
The latest data shows the Colorado real estate market continues at a heated pace, with the majority of house buyers in Boulder and Denver Counties paying a premium to the list price. From when I last analyzed the market, about a week ago, the median premium paid has increased in Denver by about 0.26% but is essentially unchanged in Boulder. The chart above shows the distribution of premiums, or discounts paid to the list price on the Y axis. The x axis is the final sale price. The time period is April 19 to April 27, or roughly the past week. The [...]
732 South Gilpin Street [Notable Sale]
DENVER NOTABLE SALE: 732 South Gilpin Street | $2.03M Why Is It Notable? As you recall, we encouraged you put this one on your shopping list a couple of weeks ago. Despite the visual imbalance from the curb, the design was functional and eye catching. Mr. Market agreed. It sold for $30K over asking.We featured this home on our Fresh Listings newsletter when it hit the market on February 25th. Here is the snippet: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 Osman Parvez is the Founder and [...]
4845 Quitman Street [Notable Sale]
DENVER NOTABLE SALE: 4845 Quitman Street | $800K This home is only a half block from I-70, but that didn't stop the choo-choo train that is this market. Granted, the home is adorable with preserved historic charm and an updated kitchen. Given the extremely low inventory, buyers snapped it up immediately after listing, and it sold for $50K over the asking price. Why Is It Notable? To illustrate the market effect of extremely low inventory and buyers on the move. Now is the time to sell homes in potentially compromised locations.Like this content? Check out Fresh Listings. It's our review of the most compelling new listings [...]
It’s Not Bragging, If You Can Back It Up [Analyze This]
As Muhammed Ali once said, "It's not bragging, if you can back it up." The chart above shows the performance of House Einstein's Fresh Listings, compared to newsletters from our industry peers. Subscribers open our newsletter at nearly 2X the industry average. Meanwhile, our click rate is even better - 7.6x higher than average. We're not getting these sorts of results by producing garbage, spam-filled content. Our goal is to help you make a smarter real estate decision. Fresh Listings are written with that goal very much in mind. Each week, we cover the most interesting new listings to hit the market and tell you why [...]
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