2365 Grape Avenue [Notable Sale]

NOTABLE SALE: 2365 Grape Avenue | $1.24M  

Why Is It Notable?  
Wow. We anticipated an intense buyer frenzy when we wrote about this property a couple of weeks ago, but demand was much higher than expected. 

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It's a basic, mid-century ranch with a small addition on the front. This style of home is the ideal platform for a second story pop and renovation project, for which we are now seeing valuations in the high 2's. This property is south-facing, which is what buyers want for natural light and also maximizes passive and active solar. Almost certainly, this sale sets a new benchmark. It sold for $1.24M, $287,000 over the asking price, cash. 

Our writeup from when it first hit the market: 

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.