5084 Cottonwood Drive [Notable Sale]

BOULDER NOTABLE SALE: 5084 Cottonwood Drive 
| $1.08M  

Why Is It Notable?   
A sprawling, 60’s era ranch in shee-shee Gunbarrel Green, a country club neighborhood. Priced to the comps at just under $900, it drew multiple buyers in this inventory strained market.

5084 Cottonwood has had a few updates, but nothing too extravagant or even that recent. It just looks well maintained and sits on a decent size lot in a quiet location. In Boulder proper, the value could have approached the high 1’s. It sold for almost $200,000 over asking, cash.

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This property type is the most versatile and appeals to the widest range of potential buyers. Nobody objects to large ranch style homes. This sale sets a new benchmark for the neighborhood.

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.

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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. House Einstein strongly recommends 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.