The weekend before Independence Day is usually a slow one in the real estate business, but this week has a little of everything; a rarely available family estate, modest family houses on open space, entry level opportunities for first time buyers, and even a value investment. Given that most buyers will be on the sidelines enjoying their family bbq’s, we strongly recommend you make some time for showings. It could be your opportunity to skip a bidding war.
Remember: There is no short-cut. Intelligent real estate decisions are based on deep market knowledge. Call us to schedule a showing.
Remember: Worth seeing doesn't mean worth buying - especially at the asking price. For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. My goal is to help you make a smarter real estate decision.Sold Listings of Note
835 Circle Dr | $3.65MM | More Details
Located at the base of Flagstaff Mtn. The modest size home features tasteful architectural details, city and mountain views, and a large 1+ acre deed restricted lot. Exceptional indoor and outdoor living spaces, nestled against the mountain and a rarely available location. On the market for just a week, sold at asking. 870 University Ave | $1.98MM | More Details
I have taken clients to see this house almost every time it’s come up for sale since I started working in Boulder real estate (eight times!). It’s been a spectacular transition, especially with the last owner’s expansion and remodel. Proximity to 9th and student density has always been our primary reservation, but it seems this has largely become a non-factor. Backs to an interior pocket of open space. Sold for asking, twelve days on market.
540 S 42nd St | $717K | More Details
After participating in several bidding wars, we advised our buyers to keep looking and stay disciplined. Last week, we helped them close this exceptional property. The basement was beautifully finished and laid out intelligently. The kitchen remodel was done to a high standard. Our buyers are thrilled.
For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
Fresh Listings
Boulder
775 Kalmia Ave | $6.95MM | More Details
A modern, completely buttoned up, 8500 SQFT family estate on a giant 1.3 acre lot, west of Broadway and just north of Newlands. Talk about a private and a luxurious living experience, completely turn-key. Due diligence: The last time 775 Kalmia was on the market was 14 years ago at which point it was listed at having almost 9,500 SQFT, but on a smaller lot. It sold at that time for $3MM.
531 Hawthorn Ave | $2.5MM | More Details
A moderate size two-story in Newlands with an ADU. South facing, built in ‘03, still contemporary and attractive. For many buyers, the generously sized lot alone is worth north of a $1MM. With cost of construction in Boulder at record highs, plus lead time of a year for good contractors… well, you do the math.
Purchased in the fall of 2017 and thoroughly refreshed, in a part of the neighborhood that has seen a flurry of of expansion/remodeling projects. Market setting price point for a ranch, call if you’d like to discuss valuation.
For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
A basic, early 70’s ranch in Ridglea Hills (the hillside between Baseline and Arapahoe). Looks like pocket views and a large lot. Inspect thoroughly, sold “as is.” Due diligence: Unincorporated Boulder County has pros/cons. Talk to your agent.
3240 Iris Ave G-202 | $408K | More Details
The biggest problem at Remington Post is the poor curb appeal and dingy hallways, which your tenants will completely ignore to live in Boulder, minutes from Google. Bottom line: With three bedrooms, it’s a value investment. Due diligence: The majority of units have asbestos containing popcorn ceilings. Get it tested to confirm and mitigate, if you feel it’s necessary.
Small is beautiful when you’re steps from Boulder’s thriving downtown. Lock and leave, granny flat or executive condo. No shortage of potential tenants. No parking either. In need of an update. Look past the photography (oy!).
For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
Louisville
574 W Willow Ct | $925K | More Details
This one is all about the location. It’s a moderate sized 90’s two story, with some updates, backing to open space. It’s also short bike ride to historic downtown Louisville. Views from the hot tub!
2163 Park Ln | $795K | More Details
A nice 3 bed, 3 bath in Steel Ranch from 2012. South facing, backs to an interior park. The owner added solar tubes, which I often recommend to create dramatic improvements in the lighting and emotional feel of a house. Split layout (bedrooms in basement). We don’t see a lot of homes in Steel Ranch hit the market. It’s worth a look.
302 S Taft Ct S 12-67 | $357K | More Details
An entry-level, affordable two story townhome in Westfield. Two car garage, quick commute into Boulder or other job centers.
302 S Taft Ct S 12-67 | $357K | More Details
For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
Longmont
4214 Arezzo Dr | $540K | More DetailsAs most of my clients know, I’m a big fan of the Renaissance neighborhood. It’s filled with families, the nearby open space offers plenty of trails for walks or runs and it’s on the area’s best cycling routes. Commute to Boulder is about twenty minutes and if you take the scenic route, it’s a visual treat through farmland. Whole Foods is less than ten minutes away. This four bedroom two story has an solid layout, decent square footage, and is affordably priced. Due diligence: Backs to Renaissance drive, which gets some traffic, but possibly buffered by landscaping.
2081 River Walk Ln | $525K | More DetailsLate 90’s two story in Watersong. Walk to Oscar Blues or hop on your bike and ride the LoBo to Boulder. Compare to 4214 Arezzo above. When you’re on the ground at your showing, note the neighborhood differences. Pre-inspected.
For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
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photo: Ray Hennessy
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
--
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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