Friday, December 04, 2015

Corporate Relos, New Construction, and a Patch of Precious Boulder Dirt with a View [Fresh Listings - Get 'Em Hot]

Cute photo of Marley, just because. 
Ready for fresh real estate listings?   Here's this week's list, by the numbers: 

New listings in Boulder County:  36 

Already under contract:  3 

Bad locations:  9

Refreshed listings: 10 

Outrageously overpriced: 3

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Worth seeing: 11


Remember, if you want to see one of these in person, give me a call.   Now, let's take a look...




Boulder 


1140 Portland Place 203 | $735,000 | More Details
Great location for strolling over to Pearl street and the downtown area. 80’s vintage construction isn't spectacular but this one has held up nicely. Could use some interior updates.   


 







1950 Riverside Avenue | $1,300,000 | More Details
A large lot (nearly 1 acrew) with views approved for subdivision. Existing house might have good bones or scrape and build your dream home. Due diligence: 5 acre lot to the south is not open space. Know the owners intention and understand the development risk before paying a premium for the view. 
   





3009 Madison Avenue L-214 | $270,000 | More Details
Solid location for student rentals. Due diligence: Some units do not have garage spaces and are in compromised locations. Evaluate the comps and recent bidding wars carefully before writing your offer.








665 Manhattan Drive 106 | $280,000 | More Details
Another good choice for a student or young professional. Not as convenient to campus as the Wimbledon Unit above, but easy commuting and a higher percentage of residents who are not students. Decent retail across Foothills (a short distance) including a European bakery with some of the best pastries in Boulder. My scale doesn’t lie.


 





1140 Claremont Drive | $949,000 | More Details
Expanded and remodeled family homes in Table Mesa are becoming a rarity, especially at price points below $1MM.   About a 4% annualized appreciation rate from when the seller bought the house near the bottom of the last cycle in 2009, so priced about right. 






3699 Silverton Street | $1,149,900 | More Details
Nearly complete trophy in Northfield. Past examples I've seen show solid build quality, design, and finishes to trade for a location does not have a high density of higher end homes. In other words, there is some location risk to the high end in Northfield. 






 

Louisville

795 Bluestem Lane | $620,000 | More Details
A newer 4 bedroom house in Steele Ranch. Corporate relo forces the sale (it last traded a little over a year ago). There isn't much turn-key, ready to move-in newer construction in Louisville although more developments are underway. Due diligence: Note the proximity to the train tracks. 


 








537 W Fir Way | $459,000 | More Details
Good location in Louisville on a street that should see little traffic. Open space trails nearby. Split layout and bi-levels aren’t everyone’s favorite design, but the sparse inventory and demand for affordable homes in Louisville means this will still fly off the market. Don’t be surprised if there is a bidding war.  Luckily, the listing agent is a pro. 



 

 Lafayette 

906 Clover Circle | $335,000 | More Details
Some updates, good layout (all bedrooms on the upper level), and a price that doesn’t break the bank. No HOA.   Lafayette is experiencing a boom of sorts, with improvements underway in the downtown area and beyond. 


 







770 Niwot Ridge Lane | $819,000 | More Details
Last sold two years ago for $640,000. Great layout for a family friendly house.  Built this century.

 




Longmont 

1651 Venice Lane | $329,700 | More Details
The renaissance neighborhood is close to Oskar Blues, Lefthand Brewery, the new Whole Foods, decent public schools, and is only about 20 minutes to the new Google campus. Full disclosure: I’m personally buying a property in this neighborhood due to its long term investment potential. 




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


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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. 

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