Friday, December 18, 2015

An Iconic Boulder Building, a Luxury House on Open Space, and More [Fresh Listings, Get' Em Hot]

This week: 

New Listings: 25
Already Under Contract: 6
Refreshed Old: 3
Badly Executed Flip: 1
Bad Locations: 4
Egregiously Overpriced: 2 
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Listings Worth Seeing: 9  

Ready to see some houses? Let's go!

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



Boulder 


4866 4th Street | $1,795,000 | More Details
Buttoned up, turn key, beautiful home in an awesome location with unobstructed views at the base of the foothills. This location offers easy access to restaurants and other retail at Holiday and Uptown, plus direct access onto Wonderland Lake open space.   


 






4377 Carter Trail | $700,000 | More Details
Gunbarrel offers easy commuting into Boulder. This property has nice views over the ditch although buyers should confirm the nature of the "farmette." The view may not be protected from future development. Buyers should compare to 4279 Carter which is priced $200K lower and available for 50+ days.

 





3250 Oneal Circle J26 | $170,000 | More Details
Cheap entry point into Boulder real estate. Good location for a CU kiddie condo. Construction quality isn't the best in this development but it's functional for investment purposes. Investors should compare to Remington Post and Wimbledon. 

 




861 Grant Place | $975,000 | More Details
This location is excellent if you want easy access to Chautauqua and a fast bike ride to downtown. Pre-war construction in one of Boulder's most cherished neighborhoods means that you shouldn't expect to do much of anything to the exterior. Interior could use some updates. Due diligence should include a close look at the electrical system. Fun fact: When I first moved to Boulder, I lived just one block over from this house.   





2892 Shadow Creek Drive 2890-301 | $370,000 | More Details
Gold Run is an excellent location due to its proximity to CU and easy access to downtown (via the Boulder Creek path).   Student density is high, buildings occasionally catch on fire, and when you analyze the comps (as I have many times), but sure to note the value differences between units that overlook the creek, have elevator, and garage access. The median sale price of 2 bedroom, 2 bath units at Gold Run increased 17.5% year over year in 2015. This one is priced about $35K over the median sale price but it's a top floor unit with a garage space. Source: I'm working on an investment analysis of condos in Boulder for one of my clients at the moment. 



 
Louisville

1615 Cottonwood Drive 13 | $205,000 | More Details

An inexpensive 2 bedroom unit with great access to downtown Louisville. It's a quick drive to Boulder. Put it on the show list if you're a first time buyer or investor. 




 



2262 Ella Court | $695,000 | More Details
A nice house in the North End, easy access to Hecla, and recent construction. Layout is solid, finishes are decent.   This won't last long on the market. 


 



Longmont 

2012 Renaissance Drive | $889,000 | More Details
The Renaissance neighborhood has a lot of potential for long term growth. It's on the south west side of Longmont, which offers quick commuting to Boulder. It's near the new Village at the Peaks shopping center which includes Whole Foods (eventually opening in late 2016). There is plenty of nearby open space.    



 
Investment Opportunities

1911 11th Street | $7,900,000 | More Details
Rare, prime downtown commercial space. Long established tenants. Huge long-term upside potential and an iconic location.    










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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.    Powered by Realty Unique, LLC.    Image: AJMexico via CC 2.0

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