Notable Sale | 2171 Mesa Drive

BOULDER NOTABLE SALE: 2171 Mesa Drive | $2.7M  

What Makes It Notable?  

When it comes to  market demand for historic design, this one underscores the point. Although not actually historic, the architects at Coburn took cues from Victorian homes to ensure this home blends in well with the surrounding neighborhood. Located on Lover's Hill, a short walk to downtown, the house is also on an elevated perch with views of the Flatirons from the upper level and, to some extent, from the front porch. Most of the bedrooms are on the upper, as most buyers prefer. There's still a useful office/bedroom on the main and one on the lower level.  

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Deal Notes  
The listing agent did a great job of slowing down the frenzy of buyer interest and allowing the full market to tour the home.  In the current environment, a lot of homes are going under contract before the full market can even see it. This not only increases the risk of the deal falling through, it increases the risk of a fair housing discrimination claim and potentially leaves money on the table. This summer, we had a listing that went under contract three separate times to buyers who rushed their offer and later pulled out for reasons that were previously disclosed. Many buyers are treating offers as low cost "options" to buy. This is why west coast agents use a two week marketing period, pre-inspect their listings, offer a full disclosure packet to potential buyers, and accept no contingencies in the contract. If they're serious, buyers who want to pay for their own inspection can do so before they write the offer. If you're interested in this approach for the listing and sale of your home and want to learn more, give us a call at 720.310.5007.  

2171 Mesa Drive was available for about a week. It sold for $50,000 over list price with no disclosed concessions.  

Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our goal is to educate you on market conditions and recent sales to help you make a smarter real estate decision.

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.  

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.