3378 Overland Rd [Jamestown Notable]

 3378 Overland Rd 
  • Located only a 15 minute walk from the Mercantile, this mountain home features three bedrooms, four baths, and about 3,100 SQFT. Constructed in the early 90’s, it also has a large detached workshop. Finishes are unremarkable, but there are ridgeline views visible from many rooms of the house. It's a very nice (and easily accessible) primary or second home in the mountains.
Deal notes: On the market about a week before an offer was accepted, the deal closed for $50K (5.9%) below list. The seller also contributed an additional $20K in concessions for an undisclosed reason, and there were reduced commissions taken out of the deal, an important detail for when this property is used as comp.

Due diligence: After many years of selling mountain property and owning one myself, the checklist is long for any home in the mountains. Buyers should be prepared to contend with much higher insurance costs, a mindset of managing fire risk, and thoroughly exploring potential issues that include water quality/safety, commute times, winter access, surveys, and neighbor disputes. If your agent whitewashes any of that, you know what to do.

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Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our discussion of notable sales is designed to help educate you on market conditions and 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.