274 Lock St [Louisville Notable]

 274 Lock St | $900K 
  • The Trails at Clementine is a newer townhome development on the east side of Louisville. It's a great spot except for one glaring problem -  busy railroad tracks.  As such, we've discouraged our buyers from considering it.  
  • This three bedroom, four bath townhome featured a classic floor plan (for a townhome), 2,485 SQFT, and a two car garage. It was on the market for 156 days (officially, but likely much longer).  At the sale price of 900K, the property was discounted $27K (2.9%) from list.  
  • Due Diligence: $362/SQFT is an attractive number for a smaller, luxury oriented townhome in Louisville. Compare to 202 Clementina, which is currently on the market at $480/SQFT. The location of this development is also in close proximity to Louisville's historic downtown, but that still doesn't quite balance out the train track issue. Not in this case, anyway. 
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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.  

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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.