BOULDER NOTABLE SALE: 4480 Grinnell Ave | $1.2M
The Location: Lower Table Mesa, close to the busy (and noisy) intersection of Grinnell and Broadway. However, it's also conveniently near a bike path and a stroll’s distance from shopping and dining options like Southern Sun, Tandoori Grill, and Whole Foods. For more details, watch our video: "7 Things You Need to Know about Table Mesa."
The House: A basic 60’s era ranch with a full basement and two car detached garage, very similar to 365 44th Street (above). The interior has some tasteful updates and does not appear to be flip.
The Deal: Crossing Broadway, It’s not unusual to see a 10% increase in value for essentially the same house. This premium is attributed to the allure of high-performing Table Mesa elementary schools and closer proximity to Boulder’s world-class open spaces.
Due Diligence: Homes this close to Broadway suffer from higher traffic noise and possibly air pollution. It’s also not uncommon for cars to turn at high speed onto Grinnell Ave. On the other hand, this home has been updated nicely and by an owner. It's important not to overlook the necessity of checking for permits and thoroughly investigating the construction and finish quality during your showing and/or inspection.
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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.
