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 a lot of boxes for our clients.
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This deal and several other recent sales have established a new price threshold for homes that have been mostly demolished and rebuilt, save for the foundation and sections of the framing. This particular sale had the Realtor community buzzing, and we had several follow-up discussions with the other Realtors who submitted offers.
P.S. Don’t feel sad for our clients. We found them a home that blew this one away in every way imaginable, including from a value perspective. Occasionally, things happen for a reason.
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.
