3135 5th St [Boulder Notable]
BOULDER NOTABLE SALE: 3135 5th Street| $4.2M Constructed in 2008, this gorgeous Newlands two-story was thoroughly refreshed by the owners before it came to market this spring. Design choices, finishes, and fixtures were all well chosen and executed. It's also in a excellent location on the west side of 5th, with a great configuration for families. Deal Notes: The buyers of this home are our relocation clients who initially reached out to us in November. As always, our goal is to help our clients make well informed, intelligent real estate decisions. The search process involved a careful review of last year's sales, evaluation of several Boulder neighborhoods, and in-depth remote [...]
3235 10th St [Boulder Notable]
BOULDER NOTABLE SALE: 3235 10th St | $1.3MA rare buildable lot in Newlands. South facing and over 10,000 SQFT, which should allow building a house sizable enough to meet the needs of the vast majority of buyers. Previous 20's era house was demolished, so there should be no tap fees required.Deal notes: The seller acquired the property in September of 2020 for just under $1M. They took the risk for obtaining the demo permit and were successful. Had the previous seller undertaken that step, they likely could have sold the lot for much more. This time around, the lot had been marketed for $1.87M last summer. The seller cut [...]
Notable Sale | 3122 8th Street
BOULDER NOTABLE SALE: 3122 8th Street | $1.29M What Makes It Notable?Constructed a few years after the war, it's strange the builder chose fieldstone for this bungalow in Newlands. Nothing inside appears to have been updated in decades, and given the asking price, it sat on market for 2 weeks before going under contract. It eventually sold for roughly $100K below asking. 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 Due Diligence It's not about the odd fieldstone bungalow - it's about a 6,065 SQFT lot in Newlands. In my opinion, the [...]
2365 Grape Avenue [Notable Sale]
NOTABLE SALE: 2365 Grape Avenue | $1.24M Why Is It Notable? Wow. We anticipated an intense buyer frenzy when we wrote about this property a couple of weeks ago, but demand was much higher than expected. 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 | SubscribeIt's a basic, mid-century ranch with a small addition on the front. This style of home is the ideal platform for a second story pop and renovation project, for which we are now seeing valuations in the high 2's. This property is south-facing, which is what buyers want for natural [...]
805 Dewey Ave [Notable Sale]
HOUSE EINSTEIN NOTABLE SALE: 805 Dewey Ave | $1.8M Why Is It Notable? It's bittersweet to see this listing go. It was one of the first for which we utilized our new video marketing and the third sale for which we've represented these clients. The house itself is historic and beautifully updated inside, while retaining its character. The location is just out of the Mapleton Historic district, with easy access to downtown restaurants, North Boulder Park, Ideal Market, and Mt. Sanitas open space. If you missed an opportunity to buy it, you might still get a shot at living inside. The new owner intends to rent it for a short period. Feel [...]
2680 3rd Street [Notable Sale]
BOULDER NOTABLE SALE: 2680 3rd Street | $5.4M Why Is It Notable? This is the latest Trailhead Project. It was designed by Boulder's own Arch 11 studio and is a labyrinth of luxury with incredible stone work. It is the furthest west lot and is generously sized. Although under $1,000SF seems like a value, the new owner will have to tolerate construction for the near future while the Academy Project continues. 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 of House Einstein. Originally from the Finger Lakes region [...]
2958 6th Street [Notable Sale]
BOULDER NOTABLE SALE: 2958 6th Street | $3M We wrote about this one a few weeks ago and encouraged you to see it. As expected, the market snapped it up. Available for only a few days, it sold for $400,000 over asking, cash.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 | SubscribeWhy Notable? It sets a new benchmark for a non-view, historic, north/south oriented, traditional family home on a typical size lot in Newlands. Osman Parvez is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of [...]
3142 5th Street [Notable Sale]
BOULDER NOTABLE SALE: 3142 5th Street | $2.9M Available for only a few days, this large five bedroom, five bath, two-story is located on the northwest side of Newlands. It was constructed in the late 90's, before Boulder's Compatible Development ordinance shut-down large construction on smaller lots. The three car garage is a nice bonus. For the most part, it looks like interior finishes haven't been touched since it was built, but their original choices were enduring. It still looks pretty good and likely cannot be duplicated today. Deal Notes Listed at $2.85M, it sold for $55K over the asking price in a cash deal. There were no [...]
2805 Broadway Street E [Notable Sale]
Notable Sale: 2805 Broadway Street E | $3.5M Why Is It Notable? Located on the former site of the much missed Integral Center, the Balsam is Boulder's most recently completed luxury condo development. The building features five units with prices that range from $2.5M to $3.5M, with top of the line finishes throughout. Unit E features three bedrooms, four baths, and about 3,200 SQFT. 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 | SubscribeDeal Notes All units at The Balsam are under contract, but sometimes it pays to put in a backup offer. This [...]
402 Alpine Avenue [Notable Sale]
BOULDER NOTABLE SALE: 402 Alpine Avenue | $2.2MWhy Is It Notable?A gorgeous and extensively renovated historic home, just north of the historic district, in close proximity to Ideal and Sanitas. This home is very tastefully designed, and the location supports the capital investment. Compare to Trailhead across the street.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 | SubscribeDeal notes: It sold for about $125K over asking, three days after hitting the market - despite having only a 1 car garage. Osman Parvez is the Founder and [...]
605 Alpine Avenue [Notable Sale]
605 Alpine Avenue | $1.23MWhy Is It Notable?Congratulations to our clients for snagging one of the best priced, improvable homes west of Broadway. Mid 50's era ranches remain the preferred platform for extensive renovations and second floor additions. For one thing, the powers that be are less concerned with preserving homes constructed after the war. Their simple designs have relatively easy structures to modify and customize. This location is in close proximity to Mt. Sanitas open space, our favorite restaurants in downtown Boulder, and the Ideal shopping plaza. The house itself features two bedrooms, two baths, and a large detached garage with bonus [...]
345 Dewey Avenue [Notable Sale]
345 Dewey Avenue | $3.43MThis made the cut for Fresh Listings back in September mostly because it's one of the first resales in Trailhead. On the market for only month and sold for 4.9% below asking ($833/F.SQFT). Why is it Notable?If you’re unfamiliar, the Trailhead neighborhood sits at the base of Mt. Sanitas, northwest of the Mapleton Historic District. It's an enclave of recently built, luxury homes with immediate access to some of Boulder's most popular open space trails. From many perspectives, this location is what most people would consider prime Boulder real estate, but as always there are trade-offs to consider. For Trailhead, these include a highly visible [...]
603 North Street [Notable Sale]
603 North Street | $1.88MWhy is it Notable?We knew this listing was headed for a bidding war, so we pulled out all the stops for our buyers. One of the keys to our success was that every item was checked off in our due diligence process BEFORE we submitted our offer. This included interviews with the architect, builder, and neighbors and even a complete inspection by one of our recommended inspectors. The extensive, ground-up renovation of this house was a labor of love for the former owner, who made design and material choices well beyond what you'd see in an ordinary spec project. Development hurdles included years of [...]
Is Boulder Real Estate Headed for a Fall? [Analyze This]
Believe it or not, Governor Polis declared a state of emergency in Colorado almost a month ago. Should I still wait to list my home for sale? Will there be buying opportunities ahead? These are the types of questions we are receiving from our clients every day. Unlike the stock market, the real estate market tends to react slowly to changing conditions. This inefficiency creates opportunity, for buyers who understand the market and have the patience to wait, or for sellers who see what's coming and want to get ahead of the trend. Either way, it's important to have a [...]
A Cluster in Boulder [High-End Notable Sales, Analysis, $2M+]
There's no denying the capital markets meltdown happening due to the Coronavirus. As I wrote about in my last blog post, one possible impact will be more hesitant buyers. More inventory means better selection and more buyer leverage in negotiations in the 2Q and 3Q of this year. The counterbalancing impact will be lower rates, but this is more impactful for buyers who are rate sensitive (i.e. focused on monthly payments). Luxury home buyers are typically not rate sensitive, but they do keep a close watch on their portfolio values. If you want to ZIG when others ZAG, you need [...]
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Testimonials
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.
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.
