Wednesday, February 15, 2017

Tantra Lake Holds Steady [Analyze This]

by Osman Parvez
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With the future development of CU South in play, prices for condos at Tantra Lake have appeared to level out. A basic 2 bed, 2 bath closed this week for $425K.  It was not remarkable, with average finishes and no views (listing detail). 

Will prices rise further this spring and summer?   Talk to your real estate adviser.

This is a good development to track for the impact of South Boulder CU campus. 

Here's the chart: 



note:  Data for the chart above utilizes data from both IRES and REColorado.  Comprehensive analysis requires a compilation of both data sets in Boulder county.
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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. 

2 comments:

  1. What's the full story on chances of a good floodplain mitigation over the next couple years so that those of us with homes in Southeast Boulder can expand our homes without having to raise them 2-3 feet?

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    1. Great question. The only thing I can suggest is to pay close attention to how the pieces come together between annexation, CU buildout, and engineering to raise the floodplain. It's a very big deal. For those who are just hearing about this issue, these maps may be useful -> https://maps.bouldercolorado.gov/flood-zones/?_ga=1.265372687.1603451478.1484928323

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