Category: Dunbar Hardy (27)

Happy New Year!! I hope this email finds you well and enjoying the holiday season.  I have some exciting news to share with you!  After almost a year of diligence and careful consideration, we (Walnut Realty, Inc) have decided to combine resources with Re/Max Alliance to form a strategic merger that will result in a new company called Re/Max Alliance on Walnut. This merger will represent the largest and most relevant of its kind in Boulder and I wanted you to learn about this from me before reading about it in the paper.  Re/Max Alliance on Walnut will be a boutique firm with international reach, delivering a brand of service based on integrity, informed by expertise, and practiced in efficiency. We have conducted business alongside Re/Max Alliance (also locally-owned) for decades and have always been impressed with the level of customer care and integrity we have experienced.  We more recently learned that not only is their consumer-centric approach consistent with ours, but their vision for the future is also well aligned with our goals of excellence.  Combining our resources will allow us to become the most powerful real estate brand in Boulder County.  This merger will create a perfect blend of a local boutique firm backed by the most powerful set of tools and global marketing resources currently available in the real estate industry. Specifically, I will still reside in the same Downtown Boulder office that Walnut Realty has occupied since 1975.  All of my contact numbers will remain the same (cell phone, work phone, work address, and even same desk, ha!) as will my approach and commitment to you.  The only changes that will occur are that I will have access to additional cutting-edge tools and a team of support personnel that will allow me to better serve you. I am very excited to be a part of this new company, and am certain Re/Max Alliance on Walnut will offer me incredible opportunities for increased success. If you have any questions or concerns, I welcome the opportunity to connect with you and have a conversation about this exciting endeavor.  
I am sincerely grateful of your support and our communication. I look forward to being able to greater support your Boulder County real estate needs in the New Year! Take care and I am here for you.   Sincerely,
Dunbar Hardy Broker Associate EcoBroker, GREEN, GRI, ABR ReMax Alliance on Walnut 1911 11th Street, Suite 107 Boulder, Co 80302 w - 303-442-3180 c - 303-859-7922 f - 303-442-6765 Dunbar@DunbarHardy.com
I am proud  to announce a new property for sale at 4973 Noble Park Place located in the Noble Park/King's Ridge Neighborhood of Boulder. This south-facing sun-filled 3bd/2.5ba ~1,300 sq ft townhome w/oversized 1-car garage carport is listed for $324,000. This move-in ready property built in 1998 features Flatirons views, brand new bamboo hardwood floors on main level, gas fireplace in living room, gas range in kitchen, forced air furnace, Central AC, and a south-facing master suite w/walk-thru closet & 3/4 bath. This property is located with Christensen Park literally in the backyard and Valmont Dog & Bike Park with trails just down the block.  For additional property information CLICK HERE.
I am pleased to announce the sale of one more property to end 2011. I was the buyer's agent in the successful transaction of town home at 2303 Keystone Court located in the Parkside Neighborhood of North Boulder. This 3bd/2ba ~1,500 sq ft 2-car attached garage and fully fenced yard sold for $350,000 at 93% of its list price. This is the 2nd property I sold this year in the Parkside Neighborhood, and this is a pocket neighborhood of good-valued properties needing a little updating, but in a great North Boulder area.  So with this transaction closing out 2011, bring on 2012!    
Pleased to announce that this nicely updated 2bd/2ba condo at 1738 Yaupon Avenue #E2 located in the Buena Vista Community of North Boulder just went under contract in 8 days on market! I wish I had a few more of these types of properties to market & sell, as the interest was VERY high on this property. I will do my best to hold it together and have a successful closing on this property.... To view more on this property, CLICK HERE!  
Pleased to announce that I will be hosting an weekend open house at 745 Arapahoe Avenue #203, Boulder – Sunday 10/23/11 1-3pm. This nicely updated/re-modeled 2bd/2ba 1,186 sq ft condo backing to Boulder Creek next to downtown Boulder has also has had a recent price reduction. New Price – $375,000. For additional property information CLICK HERE!  

745 Arapahoe Avenue #203, Boulder – OPEN HOUSE 10/23/11 1-3PM

This nicely updated 2BD/2BA condo (1,000 sq ft) is located in the GREAT community of the Buena Vista Neighborhood in North Boulder. This property is part of Thistle Housing Program, and buyer(s) must income qualify. The 2-story condo features updated cork floors, kitchen tile counter tops, and an upper level master suite. Literally across the street from neighborhood park/playground. List Price - $116,700. For additional info CLICK HERE.      
Happy Fall! Here we are going into the 4th Quarter of 2011, and wow, this year went fast!! As we prepare to go into the Winter/Holiday season, 3rd Quarter Sales Statistics were just released and are definitely worth a review to look closely at the Boulder County market. In summary of the 3rd quarter of 2011, Boulder County has noticeably seen more houses & condos sold (compared to 3rd quarter 2010) specifically in Boulder, Broomfield, Longmont, and Louisville while maintaining values with a roughly even - flat trend line in terms of average sold prices of houses & condos throughout the County.

AVERAGE INVENTORY (3rd Quarter 2011)

Average Inventory: There is a noticeable trend of less inventory of homes for sale specifically in Boulder (!), Erie, Longmont, Louisville, and on the Plains. THe condo/townhome inventory throughout the County has largely maintained and is similar to 3rd Quarter 2010. This decreased amount of inventory of houses in the 3rd quarter can possibly be affected by some "more ideal" houses being sold earlier in the year within the 2nd quarter, but also with relatively flat appreciation it is not an ideal time to sell, so some sellers are just "waiting it out" and not even putting their homes on the market for sale.

QUANTITY OF HOMES SOLD (3rd Quarter 2011)

Quantity of Homes Sold: There are noticeable increases in homes sold specifically in Boulder, Broomfield, Lafayette, Longmont (!) and Louisville. While there are also noticeable increases in condos/townhomes sold in Boulder, Lafayette, Longmont, and Louisville. For the limited amount of housing inventory on the market, houses are indeed selling. Boulder houses/condos sold strong through the Summer, while Longmont houses saw the greatest increase in summer sales activity. This can be accounted for Longmont houses typically having the lowest average & median homes prices throughout Boulder County.

DAYS TO CONTRACT (3rd Quarter 2011)

Days to Contract: Yes properties are selling, but there are some increases in Days on Market (compared to 3rd Quarter 2010) specifically with houses in Boulder (averaging ~80 days on market), Lafayette (averaging ~95 days on market. Other communities actually saw slight decreases to equal amount of days on market compared to 3rd Quarter 2010. The condo/townhome market saw some very different trends in the 3rd Quarter with very noticeable increases in days on market in Broomfield, Erie, Longmont, and Louisville. The Boulder condo market stayed on par with 3rd quarter 2010 averaging 120 days on market. Overall it can be seen that condos/townhomes take longer to sell than houses. 

AVERAGE SOLD PRICE (3rd Quarter 2011)

Average Sold Price: Houses specifically held values overall throughout Boulder County in the 3rd quarter of 2011 vs. 2010. There were nominal increases in average sold prices of homes in Boulder, Broomfield, and Lafayette. The highest home values are specifically in Boulder and in the Plains (larger acreage properties). The condo/townhome market largely throughout the County held even in terms of average sold pricing.

MEDIAN SOLD PRICE (3rd Quarter 2011)

MEDIAN SOLD PRICE: When looking more closely at solds in the 3rd quarter of 2011, we can answer the question "what price point has been selling?" Boulder-specific home median values have held even with 3rd quarter 2010 (~$550,000), while slight decreases in median sold home values can be identified in Broomfield, Erie, Longmont, Louisville, Superior, and definitely in the Mountains. Median values for condos/townhomes saw increases in the 3rd quarter specifically in Boulder, Lafayette, and Superior, while slight decreases in median sold values could be seen in Broomfield, Erie, and Longmont.

 In summary of 3rd Quarter 2011 sales statistics, some general themes are that properties are indeed selling more than last year, they are taking longer to sell, and they are overall holding values throughout Boulder County
Pleased to announce another successfully sold home at 3036 9th Street in the Newlands Neighborhood of North Boulder just across from North Boulder Park. This very nicely updated/re-modeled home sold for ~96% of asking price with a final sold price of $885,000. This nice home is actually a bit of a "tweener" in this neighborhood - not a knock-down.scraper or a full-blown "big boy" It is a very nice, move-in ready 3bd/2ba home on a nice lot with a 1 car detached garage. I had the pleasure of working as a buyer's agent in this transaction. Sellers re-located to California while the buyer is coming in from Hilton Head, South Carolina. On to the next one...

SOLD - 3036 9TH STREET, BOULDER!!

Pleased to have gotten to the finish line and posted a successful transaction on one of my listing at 1863 Tansy Place located in the Sanitas Terrace neighborhood of North Boulder. Final sales price was ~95% of list price and an amazing ~$197/per finished square foot sold price. Sellers re-located to California, while the buyers are coming back to Boulder from Chicago area. On to the next one...

1863 Tansy Place, Boulder - Sold!

This nice well-maintained 4-level home (2,640 total square feet) on a 1/4 acre lot (12,266 sq ft) located in Northwest Longmont across the street from Macintosh Lake recently sold. This property was contracted within 2 weeks on market, and ultimately sold for ~97% of the list price with a final sales price of $196,000 with $3,000 seller concessions towards buyer's closing costs & pre-paid expenses. Ultimately this was great value of house & lot size in move-in ready condition for this neighborhood. Another interesting thing about this transaction worth pointing out was that the buyers were able to contract & close a conventional loan in only 22 days courtesy of local lender Premier Mortgage. On to the next one....