6331 Snowberry Lane [Notable Sale]

NIWOT NOTABLE SALE: 6331 Snowberry Lane | $2.6M 

What Makes It Notable?
Often overlooked by Boulder home buyers, Niwot is a fantastic community with exceptional schools and a historic downtown. The newer neighborhoods typically have large, luxury homes, on larger lots. 

6331 Snowberry features six bedrooms, nine baths, and just under ~10,000 SQFT of living space. It also has a five car garage, gorgeous pool, views over open space, and nearby trail access. Some of the finishes are a touch dated, but mostly what it needed was a current paint scheme - a pretty painless update. 

Originally listed in June at $2.85M, buyers ignored this house as it was repeatedly pulled from market. After two substantial price reductions, the seller eventually landed a buyer and it closed for $264K below the original list price

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Due Diligence 
Much of Somerset and other luxury Niwot neighborhoods were completed in the 90’s which often means the homes are terribly dated inside. The cost to remodel a 6,000+ SQFT home is not insignificant. The water bill to irrigate golf course-esque lawns is also non-trivial. 

We always advise our buyers to go into Niwot with the full picture: You get a lot more house for the dollar, an exceptional community, and short drive to Boulder proper. You also may get huge sticker shock when it comes time to remodel a large home that hasn’t been touched in decades. Your lifestyle will also be more car dependent. 

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.