1491 High Street [Notable Sale]

 1491 High Street | $4.2M 

What Makes It Notable?  
First listed at $4.5M in May, this moderate sized two-story was pulled off the market within a week of listing and (apparently) rented for the summer. It returned to market at the end of August, with a solid $250K bump to the list price. We saw it with clients and felt the layout of the home was far too choppy and would require major architectural surgery to correct. The lot size and pre-war existing structure would likely allow necessary modification, but it was a far larger (and longer) project than our clients were willing to consider. In the second listing period, it was on the market for a little over a month and sold for 11% below list.  

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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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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.