Incompetent Negotiation Can Cost You A Lot of Money, Sometimes Even The Deal | Podcast #60
The business of Real Estate is fundamentally unique to most investment classes. The combination of large sums of money and personal sentiment can be a minefield for inexperienced agents to navigate, and more importantly, negotiate. Today, we take a look at some “Do’s” and “Don’ts” of negotiation. We also feature a special guest, Ian Steinmo, who tells us about the sale of his Noble Park listing, 4820 Baldwin Pl. The House Einstein Podcast is Boulder's trusted real estate Podcast. We discuss market conditions, local real estate news, notable sales, and so much more. https://youtu.be/ivB4NJMAdZo The House Einstein Podcast is [...]
809 Tenacity Dr [Longmont Notable]
Longmont NOTABLE SALE: 809 Tenacity Dr | $916KProspect is one of the most interesting and unique neighborhoods not just in Longmont, but in all of Boulder County. Conceived with a diversity of house types, colors, and community interaction in mind - the design has weathered the decades extremely well. It's one of my favorite spots in Boulder, and I routinely encourage my Boulder buyers to consider it. 809 Tenacity is an attached four bedroom, four bath townhome built in 2000. It features four bedrooms, four baths, and a two car garage. In addition to the garage space, there are two [...]
2016 Pintail Drive [Longmont Notable Sale]
Longmont NOTABLE SALE: 2016 Pintail Dr. | $732,600 Another one of our listings. The inside scoop was that the home had been well maintained and intelligently acquired only a couple of years ago by our clients. All of the reasons that drove our clients to choose this home in 2019 were still strong selling points today, including a thoughtful design and location in close proximity to shopping, work centers, and open space. This made it very easy to sell. Check out our Smart Buy video for the details on why this home made sense. Deal notes: Multiple offers, which we leveraged against each [...]
623 Terry Street [House Einstein Notable]
SOLD: 623 Terry Street. Congratulations to our clients for their acquisition of this beautiful home in Old Town, Longmont. Sophie Kloor represented the buyers and guided them expertly through the bidding war. 623 Terry Street is a three bedroom, two bath historic bungalow located just south of Roosevelt Park. It was available for just a few days and sold for 6% over the list price. 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 [...]
7401 Deerfield Road [Notable Sale]
LONGMONT NOTABLE SALE: 7401 Deerfield Road | $1.9M Why Is It Notable? Tucked away, on a quiet country road off 73rd Street, lies a cluster of six luxury homes, all on generous multi-acre lots, with views over Lagerman Reservoir. It's a little honeypot location, only a few minutes from the restaurants in Niwot and close enough to Boulder that the commute is quite tolerable. Constructed in the mid 90's, 7401 Deerfield Road is a four bedroom, five bath home with about 6,200 F.SQFT, sitting on a 4+ acre lot. It has desirable "sizzle" features like an in-ground pool and indoor hot tub, formal dining room, and professional [...]
7047 Goose Point Court [Notable Sale]
LONGMONT NOTABLE SALE: 7047 Goose Point Court | $2.21MWhy Is It Notable?I’ve been keeping an eye on this property since it was first listed in 2017. Goose Point Ranch is a luxury, 90’s era, subdivision located just south of Lagerman Reservoir. I used to drive past it on a near daily basis, when we lived nearby. There are only a handful of houses, all on large parcels, surrounded by what appears to be open space (some of which is actually held by the developer, albeit with restrictions). Very little of the finishes appear to have been updated since 7047 Goose Point was [...]
8003 N 63rd Street [Notable Sale]
LONGMONT NOTABLE SALE: 8003 N 63rd Street | $3.73M Why Is It Notable?We've been keeping our eye on this hobby-farm for some time. It's a centerpiece of Dannybrook Farm, a small enclave of luxury homes surrounded by agricultural land in unincorporated Boulder County. Out here in the high plains countryside, water rights are a critical component of valuation, and 8003 N. 63rd Street featured 1 cubic feet per second (CFS) of adjudicated rights, pond stored. The house itself was constructed in 2014 and traditionally designed, with views from nearly every room. It sits on a 2 acre parcel, adjoined by a 91 acre out-lot.Listing HistoryValuation is challenging [...]
1903 Kristy Court [Notable Sale]
1903 Kristy Court | $920KWhy is it Notable?A classic, timeless design in the center of Prospect. We were surprised the market didn't snap it up right away. 1903 Kristy Court featured an expansive wrap-around porch, main floor office, expansive finished attic, and an open floor plan. It was listed for $950K in April, withdrawn briefly in August, and then re-listed with a $20,000 price reduction. It sold for $920,000 or 1.1% below asking ($282/F.SQFT). 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 [...]
The Calm Before the Storm [Analyze This]
Let's talk about the real estate market. I just wrapped up two days of obsessive data crunching on market conditions. My analysis paints a picture of a market gone wild in response to rapidly changing economic and social conditions. I've put together dozens of charts, but rather than inundate you, I'm going to share just one. You're looking at inventory levels for single family, detached homes in Boulder, Boulder County, and Denver. It's based on the latest market data (through the end of October) and shows inventory levels relative to the 3 year average. Inventory last month was 40% below average (red line) [...]
The Joe Rogan Effect [Analyze This]
What does Joe Rogan have to do with Boulder real estate? Put on your snorkel. It's time for another dive into market data for Boulder and Denver real estate. An important note about the information presented below. Some of the charts show monthly data expressed as a percentage from the average. So for example, when you see +27%, it means 27% above the average for that month. It does not mean 27% of the average. Capiche?SUPPLYWhen faced with uncertainty, people take fewer risks. It's just human nature. Since Covid-19 hit, potential sellers of single family houses have bunkered down. Beginning this spring, inventory of homes [...]
1024 Confidence Drive [Notable Sale]
1024 Confidence Drive | $830KWhy is it Notable?Prospect is one of the best neighborhoods in Boulder County, period. On the streets of Prospect New Town, you’ll find eclectic home designs that span a variety of classic and modern styles, lending a funky feel. The neighborhood is chock full of regular social events, including one of the most popular Halloweens in all of Boulder County. For our buyers, it was love at first sight for this hip two story home. We helped them consider several alternatives just in case, and guided them through our usual rigorous due diligence process. It won out in the end. Our [...]
What, Me Worry? [Boulder Fresh Listings]
Believe it or not, new listings are still coming on the market in Boulder. Who are these intrepid buyers and sellers? The game changes and we're changing with it. Almost 80 listings hit the market in Boulder County last week, some of which are refreshed listings. 13 of these listings are already under contract. Let's take a look at the best ones. Sign up for the content 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 and their Labrador Retriever. He [...]
Dream Homes and Nest Eggs [Fresh Listings, Get ‘Em Hot]
--- by Osman Parvez What's your goal? For some, it's finding a dream home - a residence that truly satisfies their vision and lifestyle. For others, it's getting a foot in the Boulder real estate market with a starter home. They're tired of paying their landlord's mortgage and want a chance to build a nest egg of their own. Whether it's a second home, a starter home, downsizing, or an income property, one thing remains the same: buyers and sellers need to see property firsthand to understand the market. There is no short-cut. A high-level analysis won't give you the confidence [...]
272 Western Sky Cir, Longmont
272 Western Sky Cir, Longmont 5 bd | 4 ba | 3,734 sqft $564,950 Sold On 12/09/2019
939 Tempted Ways Dr, Longmont
939 Tempted Ways Dr, Longmont 5 bd | 4 ba | 2,505 sqft $1,179,900 Sold On 10/28/2019
