Fresh Listings, Get 'Em Hot

by Osman Parvez
As we predicted, the market began turning last week. Take a look at the chart below. 

Inventory under contract has begun dropping steeply and for the first time in many months, there are more homes available than under contract. 

We went through this week's new listings and tossed the old/refreshed garbage, the bad locations, and the egregiously overpriced. If you're shopping for a home, here's what's worth seeing this weekend.    

To schedule a private showing, which includes a discussion of valuation and price trends, call Osman at 303.746.6896.

Single Family Homes

4700 Hancock Drive | $660K | More Details
Large lot, 4 bedrooms on the upper level, under $200SF. This will be gone this weekend. It's priced under market. 

3568 Kirkwood Place | $725K | More Details
Slightly larger than average size lot in North Boulder.   Interior needs a complete gut and remodel, but ranches with a basement are very much in demand.

235 Pawnee Drive | $849K | More Details
Some updates and 5 bedrooms on the upper level make this a livable option for a family. Priced under $250/SF is impressive, you can't build for anything close to that today. 

1401 Lodge Lane | $875K | More Details

You know they're sprinting to get it on the market when they list it without photos and no lock box. Owners paid $675 two years ago. Layout is split. If you have to have 5 bedrooms, take a look at this one.  

2293 Holyoke Drive | $1MM | More Details
Best schools in Boulder. Giant lot. House is pretty much a scrape. The value is in the keyhole lot in this location. 

1020 Oakdale Place | $1,135,000 | More Details
Wonderland Hill. Decent layout. OK remodeling. I must be getting old because the photos look fuzzy. This is why I always use a professional photographer for my listings. Under $350/SF is decent for this location.   

640 Linden Avenue | $1,950,000 | More Details
Owner paid $925K 4 years ago. Excellent renovations.    
Location gets some traffic. Worth a look. 

508 Pleasant Street | $2,125,000 | More Details
How often do you see turn-key, completely rebuilt historic homes on the market in Boulder? Almost never. Owners paid $1.975 5 years ago. Layout is functional for a family. Great location. Excellent outdoor living areas. Not too big.   

Attached Dwellings

3077 29th Street 105 | $305K | More Details

A good choice for a value-driven buyer. Decent location in Central Boulder. Functional layout. Essentially lock and leave.  

3785 Birchwood Drive 70 | $375K | More Details
We just closed on a unit in this complex last week. Excellent for young couples and professionals. These townhome style units are very easy to rent. HOA is pricey to pay for shared special assessments from flood damage to the development but supposedly not to this particular unit.

1690 Yellow Pine Avenue | $675K | More Details
A nice attached house in the Silver Sage Co-Housing Community. Built in 2006 and in clean condition. Open kitchen and living room layout. Co-Housing is special because of the shared gardens, well kept land and friendly neighbors looking to share experiences and build relationships. Perfect for young couples and families. 

726 Pearl Street B | $699K | More Details
Lock and leave with a parking space in the center of downtown. Plenty of SF, bedrooms are on separate levels.    

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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. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.