Friday, February 27, 2015

This Week's Fresh Listings [Get 'Em HOT]


Tired of all this snow yet? Us too.  

Too bad.   

If you're shopping for real estate in Boulder, you can't sit around chugging hot cocoa in your PJ's all weekend. 26 new properties hit the market this week. We sorted through the riff raff and only 12 are worth seeing. Our rundown is below. 

To schedule a private showing, which includes a discussion of valuation and price trends, call Osman at 303.746.6896.



Single Family Homes


5323 Aztec Drive | $659,000 | More Details
A nice east Boulder property in Keewaydin. It has some tasteful updates at a reasonable price. Suitable for a family. Expect a bidding war. Due diligence: It backs to a church so check traffic and noise on a Sunday. 

 






2535 Kenwood Drive | $675,000 | More Details
Ranch with a finished walkout basement in Table Mesa. The location gives good access to open space and you're near the best schools in Boulder. Only one of the four bedrooms is in the basement. Due diligence: Check for traffic patterns that feed upper Table Mesa.  

 






712 Locust Avenue | $1,250,000 | More Details
Curb appeal is lacking but you've got open space access and views, two of the most important value anchors for Boulder Real Estate. This house is west of Broadway, Lucky's is nearby and the house has some nice updates. Worth seeing. 

 







480 Oakwood Place | $1,250,000 | More Details
The location is a dead-end street in desirable Wonderland Lake. It's a decent size house on a decent size lot. There are interesting architectural details and some nice updates. Due diligence: Most families don't like split layouts for the bedrooms. Are the lower level bedrooms below grade?

 





1070 Juniper Avenue | $2,490,000 | More Details
This estate is quality. Very private feeling house and looks like it belongs in the English countryside. 1990's construction means better quality and higher energy efficiency. Lots of great updates, a giant lot, and an intelligent layout. Definitely worth seeing.  


 


Attached Dwellings
 
3050 Corona Trail M-307 | $169,900 | More Details
If you're going to buy at Remington Post, south facing on the upper levels is the way to go. Often these units are mispriced. Views and southern exposure sell faster and for more money. My investment clients tell me these units rent quickly. Sadly, no dogs allowed. 

 




2930 Shadow Creek Drive #303 | $212,000 | More Details
Top floor units are the way to go at Gold Run. This would make a decent one bedroom kiddie condo, just keep in mind that in weak markets, two bedroom units are more liquid. Due diligence tip: Gold Run has experienced several fires in recent years. One of the buildings was reconstructed with sprinklers and the HOA has been exploring adding sprinklers to remaining buildings. Check for emergency egress and future special assessments. 

 

2875 Springdale Lane | $439,900 | More Details
Another Gold Run unit, this time with 3 bedrooms. The pros of this development are proximity to CU, retail, and the Boulder Creek path. On a bicycle, you can be downtown or on campus in less than 15 minutes. Due diligence tip: See notes for 2930 Shadow Creek. 

 





1110 Poplar Avenue | $539,000 | More Details
Boulder has a shortage of "adult" condos and townhomes. The majority of our attached dwelling inventory is aimed at students. This is an exception. Older construction with some updates. Lucky's market is a stumble away. Layout is split, with one of the bedrooms in the basement. A decent alternative to an entry level stand alone house and likely lower maintenance. No main floor bedroom, so not ideal for aging Boomers or others with potential knee problems. 

 


1850 Folsom Street #911| $799,000 | More Details
As we know from 1829 Columbine, some flips are worth seeing. This one seems to be banking on Google executives. The location is a mix of residential, commercial, and retail. Worth seeing but at this price point, you have alternatives. Call me for details. 303.746.6896. 






Investment Properties

965 10th Street | $549,900 | More Details
We looked at this property for our clients the last time it was on the market in 2012. It's a great example of how we help our clients select homes. Here's our client preview album with 50+ photos from 2012 and notes.  








1045 9th Street | $875,000 | More Details
9th street has tons of traffic and the lots are narrow, but the students don't care. That's why the majority of homes on this street, particularly close to the University are student rentals. Rapidly rising rent could make this one a solid investment play. A duplex with six bedrooms and five parking spaces. Due diligence: Rental license and cost to comply with Smart Regs should be on your checklist.   






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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.   We strongly recommend rigorous due diligence and professional advice before buying or selling real estate.


image credit:  Teresa Alexander-Arab  

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