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 [...]
1489 Sunset Boulevard [Notable Sale]
1489 Sunset Blvd | $7M Why is it Notable?A plus-size luxury home, on a 1.3 acre lot located on the northwest corner of Sunset Hill. It's nestled in an enclave of other exclusive, high-end homes, with stellar views and a short stroll to downtown restaurants and shops. The home was constructed in 2001. It features a whopping seven bedrooms, seven baths, exceptional finishes, indoor and outdoor entertaining areas, and of course - the uber-premium location. As typical for high-end property, it took a while to find the right buyer. First listed in May of 2019, the home was on the market for nearly a year before it [...]
Chillin’ in the Deep End [Fresh Listings, Get ‘Em Hot]
If you want to make an intelligent real estate decision, prepare for a dive deep into market analysis. There are no short-cuts. As of this writing, 52.4% of all houses in Boulder County and 44.4% of condos and town homes, respectively, are under contract. This is a shocking percentage and a phenomenal market for sellers. But remember: conditions vary by location, property type, and price level. What's happening? Anecdotally, we're seeing a flight from high-density, urban areas to lower density, suburban areas. Interest rates are also at all-time lows. Those that can make the jump are making the jump. [...]
A Flipper Learns a Lesson | 2590 Dartmouth [Notable Sales]
2590 Dartmouth Avenue | $850,000 Several of our buyers wanted to see this house when it was listed for sale in Table Mesa last year. We took them to see it, but also advised them to not write an offer. On paper, 2590 Dartmouth looked great and checked a lot of boxes; freshly remodeled, excellent location, top rated schools. Ranches with basements are solid candidates for a future second story addition and they also work for a wide variety of potential buyers. De facto open space is steps away, leading directly to eye popping views on Kohler and Enchanted Mesa. It [...]
Is it Really Open Space? Guess Again [Notable Sales]
"Look at that beautiful open space" - your Realtor For today's Notable Sale, let's take a look at 455 Erie Drive. 455 Erie Drive | $1.15M We saw this six bedroom, four bath, two-story home in Frasier Meadows as soon as it hit the market. Featuring about 3,800 F. SQFT, it sits on a large lot, and with some landscaping work, has a potential view corridor to the Flatirons. Although the home had some weird features (tiny Rapunzel balconies off each bedroom, for example), it was painfully dated and hadn't been updated in decades. A close look revealed it had [...]
Are There STILL Bidding Wars? [Notable Sales]
Surprise! Showings in Boulder have fallen to a trickle, but confident buyers are moving forward. As we predicted in our video analysis last week, this seems to be happening at lower price points where demand far outstrips supply of available homes. We anticipate that as the "new normal" continues to develop, the market for homes at higher price points will also start to revitalize. In the interim, there are deals out there. Remember: Intelligent real estate decisions are based on deep market knowledge. There is no substitute. Let's take a look at some recent closings. Sold Listings of Note 3500 [...]
Eyes Wide Shut | 3091 6th Street [Notable Sales]
Thinking about building your dream home in Boulder? Let's talk about development risk. Remember, intelligent real estate decisions are based on deep market knowledge. The Hall Family House in the 1940's Owned for decades by the Rouse family, 3091 6th Street is a worn-out two bedroom home in Newlands at the corner of 6th and Evergreen. Built in 1940, there isn't much to the house. It's a simple ranch style home and it's been a rental property for many years. Ownership of this house dates back earlier than the Rouse Family. It was once occupied (and likely built for) Leonard [...]
What’s a Square Foot Worth in Downtown Boulder? | 337 Arapahoe #201 [Notable Sales]
337 Arapahoe Ave #201 | $1.15 M Built in the 80's, the Shadow Creek development is nestled against Boulder Creek on the west side of downtown Boulder. The buildings have stood the test of time quite well, with a few obvious signs of deferred maintenance. The primary value driver is the location; it's an easy walk to downtown shops and restaurants, the park, or the creek path. The City Club is just down the street and you can be sipping cocktails with friends on Corrida's spectacular rooftop in minutes. While nearby Eben G. Fine Park is popular with transients and the [...]
She Loves Me, She Loves Me Not | 531 Maxwell Avenue [Notable Sales]
Sometimes, people fall in love only to discover that their relationship isn't what they thought it would be. Perhaps their partner didn't have potential. Maybe they were simply too high maintenance. Either way, getting out comes at a price. Happy Valentines Day, Boulder! No, we're not talking about your old girlfriend or boyfriend. We're talking about Boulder real estate. In this recent sale, a mid century home in Boulder has sold multiple times in recent years. Buyer after buyer fell in love, only to dump their partner a short time later. What happened? 531 Maxwell Ave| $1.53M | Pics and Details It's a tasteful [...]
Cheap Flips vs. Value Investments [Notable Sales]
Over 70 listings hit the market this week in Boulder; from entry level ranches to luxury mountain homes. Want to see which fresh listings we recommend viewing? Subscribe. Our review of the latest fresh listings will be published later today (via email). This post is about recently sold homes in Boulder. Notable sales can help you better understand the Boulder real estate market and think through buying and selling decisions. Sitting in an armchair reading this post is not the same as seeing property with a House Einstein Realtor (read: Why Us?), but this should at least give you a taste of [...]
Well, It’s About Time [Boulder Fresh Listings, Get ‘Em HOT]
--- by Osman Parvez The latest batch of Fresh Listings and Notable Sales are out the door. This week's post includes a detailed analysis of real estate market conditions in Boulder and a close look at the following properties: 2211 6th Street 621 Pleasant Street 1822 Quince Avenue 889 14th Street 2235 Vassar Drive 419 16th Street 1946 Beacon Court 2800 Shadow Creek Drive #304 Want the details? You've got to SUBSCRIBE. Note: After you've completed the subscription form, we'll start sending you fresh listings automatically. --------- Ready to buy or sell? Schedule an appointment or call 303.746.6896. You can also [...]
Fresh Listings and Notable Sales
Dear Readers, Our goal is to help you make a smarter real estate decision. Since 2005, we have provided detailed analysis on the Boulder Real Estate market. Over 2,000 posts have been published and shared. No happy talk, no hand waving - just detailed information and thoughtful commentary. Our efforts have been well received. We're deeply grateful for the support and the hundreds of clients who initially found us through this blog. We have immense gratitude and deeply appreciate your trust. In recent years, we went beyond data analysis and added weekly posts featuring new listings worth seeing (Fresh listings) and [...]
Could Your Cat Ruin Your Listing? [Boulder Notable Sales]
In this week's notable sales, I review recent sales in several Boulder neighborhoods including Table Mesa, Carolyn Heights, Keewaydin, and Eldorado Springs. The purpose of these posts is to help educate you on market conditions and tell you a little about the stories behind the listings. Here's a little video intro: 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 2140 Linden Ave | $2.5M | Pics and Details Why would a buyer pay $2.5M for a large [...]
Home Runs and Hobby Farms [Boulder Notable Sales]
As Babe Ruth once said, "Don't let the fear of striking out keep you from playing the game." So swing batter, swing because this week we cover five notable sales, including a highly profitable spec home built on the bones of a basic ranch and a hobby farm that tested the market (and failed). Buy your peanuts and cracker jacks, we're taking you out to the ball game! 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 1250 Albion [...]
Reading Tea Leaves [Boulder Sales of Note]
NOTE: This week, Sales of Note launches as a series on its own instead of being a section in our weekly review of new listings. I'll run this as an experiment for a few months and see how it pans out. What makes for a notable sale? In short, notable sales are properties that are representative of a property type, price range, location, or are simply unique enough to justify the spotlight. Sometimes we have inside knowledge of a deal, which justifies its inclusion. Other times we're market observers, staring into the tea leaves and telling the story. Ready? It's [...]
