1775 Cedar Avenue [Notable Sale]
BOULDER NOTABLE SALE: 1775 Cedar Avenue | $2.7M Why Is It Notable? We took a very serious interest in this house and represented buyers who participated in the bidding war. It’s a well executed second story addition and renovation in Old North Boulder, with tall ceilings on the main and a nice wrap around, south-facing deck. The location offers easy walkability to the retail center at Ideal. The layout had some quirks, like an upper level lounge area, but overall it was a very attractive home. The finish quality of the kitchen was a little subpar for this price point, but otherwise it checked [...]
1810 Norwood Avenue [Notable Sale]
NOTABLE SALE: 1810 Norwood Avenue | $7.9M Why Is It Notable? The sellers acquired this spectacular and oversized view lot in North Boulder for $2.0M in the fall of 2017. The only problem? It came with a 70’s era, sprawling ranch. A few months later, with demolition permit in hand, they began gently taking it down.Once the design work was completed and application submitted, permits were issued in July. The finished product? A gorgeous +5,600 SQFT two story constructed over both a crawl space and an unfinished basement. The main level features a large, open kitchen/dining/ living room area flanked by two wings. The east wing included a study, [...]
3369 Cripple Creek Trail C-13 [Notable Sale]
BOULDER NOTABLE SALE: 3369 Cripple Creek Trl C13 | $527K There are a variety of layouts at Shanahan Ridge. This is one of the ground floor units with a larger patio.Why Notable? This is a highly desirable community for young professionals. Student density is super low, and access to open space trails is directly adjacent to the community. Plus, the views are gorgeous and most units have a functional layout. We’ve been tracking the area for many years.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 | SubscribeSpoiler AlertThere have been two [...]
The Price is WRONG, Bob [Analyze This]
If you're a serious home buyer, trying to make an intelligent and disciplined decision, you know how frustrating the current market can be. It's hard to find accurate, actionable information about market conditions. Recently, Colorado newspapers articles contain far more hyperbole than fact. Even when data is shared, it's inaccurate or too dated to be useful. Want to know what's really happening? Well, step right up. You've come to the right place. The chart above shows single family house sales in Boulder and Denver Counties, inclusive of all cities and unincorporated areas, from April 1st through April 19th. It's not perfectly accurate because [...]
3175 17th Street [Notable Sale]
BOULDER NOTABLE SALE: 3175 17th Street | $2.38M Why Is It Notable? Listed in mid-February, this modern farmhouse two-story is located in Old North Boulder. It features four bedrooms, four baths, and a one car, attached garage. From a size perspective, it's a touch on the small side, but that didn't stop buyers from lining up. The views, indoor/outdoor transitions, and well chosen design elements are what created the sizzle. The location didn't hurt either. This sale sets a new high water mark for the comps. 3175 17th Street sold for $182,000 over the asking price, cash. Like this content? Check out Fresh Listings. It's our review of the most compelling [...]
Grief and Loss in Boulder – The King Soopers Mass Shooting
Dear Boulder, It's been two days since a man walked across the King Sooper's parking lot in Table Mesa and began shooting innocent people. My weekly newsletter, almost ready to publish, sits collecting digital dust. It no longer matters. We have more important things to talk about than the real estate market. Grief is an overwhelming rollercoaster. We think of those lost, and we turn inward to our own lives. How many times have my family and I shopped at that very store? Eaten at restaurants in that plaza? Walked through that parking lot? We're all somehow connected to the community members [...]
1519 Pine Street #2 [Notable Sale]
HOUSE EINSTEIN NOTABLE SALE: 1519 Pine St #2 | $678K Why Is It Notable? Our client wasn't looking for a forever home, just a place to call home for a few years. This three bedroom property features a classic townhome layout and three baths. Plus, it's close to our buyer's place of work, which helped sealed the deal. In the future, we expect it will be quite rentable and provide a nice investment income for the owner when she's ready for a dream home.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 [...]
805 Dewey Avenue [Just Listed]
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 Realtor since 2005. Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE. Fresh Listings | Our review of the most compelling new listings to hit the [...]
When to Hold ‘Em [Market Update]
What does the Boulder real estate market look like today? We're seeing increasing numbers of buyers chasing limited inventory, fueled by ultra low mortgage rates, an improving economic environment, and the highest level of job mobility in history. Oh, and add in a sudden increased awareness of mortality, just for good measure. Welcome to Pandemic Real Estate. Should you jump into the fray? Or, would it be smarter to sit on the sidelines and wait for better market conditions? These are the questions on the minds of our buyers today. Meanwhile, our sellers are wondering if they should accelerate their listing plans [...]
Low Inventory and Continued High Demand [Weekend Reading]
I think that we are all relieved that it's a new week. Start it off on a positive note and catch up on some real estate news.1. Tech Workers Take to the Mountains, Bringing Silicon Valley With ThemSound familiar, Colorado?2. Homeowners and buyers are the real winners in this electionAccording to Realtor.com and the National Association of Realtors, homes sold faster in October than September and prices remained at their summer peak of $350,000 for the first time since 2011.3. Homebuilding is Booming, So Why is Inventory So Hard to Find?"New homes represent new supply. Increased supply – inventory – gives buyers more choices [...]
North Broadway’s Identity and Sheltering in RV [Weekend Reading]
It is supposed to be a HOT one this weekend! Cool off under an umbrella and scroll through our Weekend Reads. 1. Pikes Peak Summit Complex construction update: Spring 2021 opening Building a 38,000 sqft complex at 14,115 ft elevation is impressive. 2. With summer plans canceled, RVs and campervans have become a new favorite among bored Coloradans “Katie Key, president of Escape Campervans — a rental service headquartered in Denver with 12 locations across the U.S. and Canada — has also seen a 150% increase in rentals in Colorado compared to last summer." 3. Metro Denver home sales surge in June as demand outstrips supply [...]
BCH To The Rescue and Prepper Dreams [Weekend Reading]
House Einstein wishes you all a fun and safe Independence Day weekend! 1. Boulder Community Health launches coronavirus testing program for local businesses Thank you BCH for stepping up in times like these. 2. Could Doomsday Bunkers Become the New Normal? “A lot of real estate markets only focus on housing in the urban areas, suburban areas, exurbs, and there is very much a missed opportunity for people who are looking to live off-grid, wanting to live remote, or actually looking to secure a property, whether that’s a bunker or a more secure and sustainable home.” 3. Millions of homeowners face flood risks [...]
So… What’s a Boulder Bungalow Really Worth?
This week, several clients messaged us about a property making the rounds in social media. Is a tiny bungalow in Boulder really worth more than $650K? In addition to our usual review of the most interesting new listings to hit the market, we did a deep dive into analyzing the value of this property in the Goss Grove neighborhood. Ready for this week's Fresh Listings? Due to the rules that regulate the real estate industry, we can only share it with you via a private newsletter format. Subscribe at the link above for instant access. Let's go.. Osman Parvez is the [...]
Resort Town Openings and Primary Ballots [Weekend Reading]
Start off the last weekend of June right and read about your community. 1. Ski resorts are opening for the summer. Here’s what they’re offering Openings scheduled for this weekend: Aspen/Snowmass, Crested Butte, Keystone, Steamboat, and Winter Park. 2. Pearl Street retail space could be turned into mixed-use development Say goodbye to one of Pearl Street's beloved shops. 3. A last-minute voter’s guide to the Colorado 2020 primary election Have you cast your ballot? 4. With moratorium lifted, will Colorado’s rental market see a spike in evictions? Yet another hurdle for landlords and tenants to navigate in 2020. 5. The Jumbo Market Shows Signs of [...]
Boomtown Still Thriving and CU Fall Semester Plans [Weekend Reading]
It is supposed to be a GORGEOUS weekend! Start it off with some House Einstein handpicked reads. 1. CU Boulder outlines fall semester: Mandatory masks, socially distanced classrooms and quarantine dorms What will all universities look like across the nation? 2. Mortgage Credit Tightens, Creating Drag on Any Economic Recovery Thinking of re-financing? Think again. 3. Our Homes Are Going to Look Very Different Post-Pandemic This pandemic has made us even more grateful to live in Colorado. 4. Boulder-based Boomtown goes virtual with help from Shark Tank star Entrepreneurs try to start in a stopped economy. 5. Consumer Spending Fell a Record 13.6% in April [...]
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