- We saw this property multiple times with our Newlands buyers during the first quarter. It was ultimately ruled out due to lack of privacy and deferred maintenance (at this price point in Boulder, buyers expect turn-key condition).
- This home had some very attractive features, including the covered patio and detached studio. The indoor/outdoor transition was also well executed.
- Deal Notes: Originally listed at $5M, 3307 4th Street sat on the market for an extended period and underwent one significant price reduction during its ~3 months on market. It eventually sold for $4.5M or $300K below the last list price with no disclosed concessions.
- Take Home Lesson: As part of our listing services, we provide a detailed list of recommended steps for sellers to prepare their homes for sale. A small issue like peeling paint may cost a few hundred dollars to resolve but can add thousands to the bottom line.
Like this content? Check out Fresh Listings. It's our review of the most compelling new listings to hit the Boulder and Denver real estate market | Subscribe
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.
Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market.| Subscribe
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.
