HOUSE EINSTEIN NOTABLE SALE: 805 Dewey Ave | $1.8M
Why Is It Notable?
It's bittersweet to see this listing go. It was one of the first for which we utilized our new video marketing and the third sale for which we've represented these clients. The house itself is historic and beautifully updated inside, while retaining its character. The location is just out of the Mapleton Historic district, with easy access to downtown restaurants, North Boulder Park, Ideal Market, and Mt. Sanitas open space.
If you missed an opportunity to buy it, you might still get a shot at living inside. The new owner intends to rent it for a short period. Feel free to contact us for details.
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It's a historic yet functional house, featuring a rare two car garage with rooftop deck, located just out of the District. We extensively analyzed market conditions and comparable sales between Newlands, Mapleton Hill, and Neikirk-Stewart before settling on the list price. The market bore it out, and 805 Dewey sold for a tidy $15K over list.
P.S. When you see giant premiums paid over list price, it's either inadequate analysis by the listing agent or an intentional strategy for a fast sale. Typically, it's the former. You'll see a few examples in the notable sales below.
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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Thinking about buying or selling and want professional advice? Call us at 303.746.6896. 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. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
