Why Notable?
Sold as an incomplete project in April, the developer successfully doubled the acquisition price on this two-story in South Boulder. The work undertaken appears to be mostly cosmetic, with no additional square footage. Even the rooftop deck was pre-existing. This one was marketed on the builder's supposed reputation for craftsmanship. They also added one additional bedroom and two additional baths.
Due Diligence
Sold as an incomplete project in April, the developer successfully doubled the acquisition price on this two-story in South Boulder. The work undertaken appears to be mostly cosmetic, with no additional square footage. Even the rooftop deck was pre-existing. This one was marketed on the builder's supposed reputation for craftsmanship. They also added one additional bedroom and two additional baths.
Due Diligence
The CU South project looms in close proximity to this perch. For decades, the land has been utilized by the neighborhood for walking and running trails. It's unclear exactly how that will change in the coming years. It's a controversial development that all buyers in this location need to understand, prior to targeting the neighborhood.
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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.
