Tuesday, November 03, 2015

Louisville or Boulder? [Analyze This]

by Osman Parvez
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Boulder buyers often consider Louisville as a more affordable alternative. Over the years the spread between these markets has widened.  

This isn't just happy talk and hand waving. Let's look at the data. 

Enter the wayback machine.

A few years ago, we helped a Doctor decide between purchasing in Boulder or Louisville by analyzing all the sold homes with 4 bedrooms and 2 bathrooms and running a regression. This is what it looked like. 



The chart above confirms what you probably already suspect. Boulder is a more expensive market but historically, it's also appreciated faster. The gap is widening. Now that's info to help you make a smarter real estate decision. 

p.s. Don't write off Louisville. If you've spent any time in Lville lately, you know the small downtown area continues to improve. It has become a viable alternative for an evening out, especially if you've got (or plan to have) a family. 


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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 conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

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