REAL ESTATE
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BOULDER COUNTY
Opportunities Abound Boulder Creek Neighborhoods offers final ‘right-sized’ floor plans at Rock Creek
Open Homes and Virtual Tour Quick Guide Looking for a home? View comprehensive listings of local virtual tours and open houses taking place from all across the area. February 18-19, 2022
South Boulder’s Rich Farming Heritage While today’s growing bustle in South Boulder is undeniable, the pastoral charm of yesteryear can still be found in the area’s quiet parks, rolling hills and open space.
Smart Ways to Use Your Home Equity for Remodeling But before tapping into your home equity consider the pros and cons that come with taking out a loan for home improvement. ATHOMECOLORADO.COM
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REAL ESTATE NEWS COLORADO HOME AND REAL ESTATE
CONTRIBUTING WRITERS Sean McIllwain Duane Duggan Tom Kalinski Sarah Huber Avery Newmark Cathy Hobbs Natalie Campisi ADVERTISING CONSULTANTS Thais Hafer Toni McNeill Mary Romano MANAGING EDITOR Greg Stone SUBMIT YOUR NEWS
At Home Colorado is a weekly publication designed for the Colorado home and real estate community. The Boulder County edition publishes Friday in the Boulder Daily Camera and Saturday in the Longmont Times-Call. Submit your real estate and home-related news, press releases, events and article ideas to: gstone@prairiemountainmedia.com.
ADVERTISING
To advertise in At Home or to promote your open house or virtual home tour visit AtHomeColorado.com/Advertise, call Thais Hafer at 303.473.1456 or Toni McNeill at 303.684.5329. . At Home is a marketing feature of the Boulder Daily Camera, Greeley Tribune, Longmont Times-Call and Loveland Reporter-Herald. ©2022 Prairie Mountain Media.
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Marybeth Emerson and Deborah Read Fowler selected among America’s top 100 real estate agents (Feb. 16) – Announcing the selection of Marybeth Emerson and Deborah Read Fowler of Colorado Landmark, Realtors among America’s Top 100 Real Estate Agents® for 2021. Selection to America’s Top 100 Real Estate Agents is by invitation only and is reserved to identify the nation’s most esteemed and skilled Real Estate Agents and Brokers with a history of routinely selling homes above market value. Only the Top 100 qualifying Real Estate Professionals in each region will receive this honor and be selected for membership among America’s Top 100 Real Estate Agents. With these standards for selection, less than one percent (1%) of active Real Estate Professionals in the United States will receive this honor — truly the most exclusive and elite level of Real Estate Agents and Brokers in the community. Marybeth Emerson and Deborah Read Fowler build on the trusted legacy of Colorado Landmark, Realtors, with a four decades-long award-winning track record as Boulder Valley’s leading luxury boutique brokerage. Landmark’s Real Estate Professionals have been recognized amongst the nation’s elite through proven results and unfettered dedication to the Boulder market.
Marybeth Emerson
Deborah Read Fowler
Remaining independent, local and boutique has allowed top agents the freedom to be intentionally and relentlessly focused on the health, wellbeing and happiness of the Boulder community. The elite selection into the Top 1% of Real Estate agents in the nation is through a comprehensive multi-phase selection process involving proprietary algorithms using advanced data analytics to assess a broad array of criteria and data for each candidate, including (but not limited to) the Real Estate Professional’s total yearly sales volume, notable above market value sales, luxury home sales, efficiency rating for closing sales, lifetime professional experience, client satisfaction ratings and other notable
recognitions, among many other proprietary factors. Based on these criteria, a measure/rating for each Real Estate Professional is established indicating their relative effectiveness in closing highvalue sales above market value in comparison to other Real Estate Professionals in their region. Accordingly, the most efficient and effective Real Estate Professionals among the community are then identified for selection among America’s Top 100 Real Estate Agents. For more information about America’s Top 100 Real Estate Agents or the selection process, visit Top100RealEstateAgents.com. For more information about Colorado Landmark, Realtors visit coloradolandmark.com.
WK Real Estate welcomes Ben Lampert to its Boulder office BOULDER – WK Real Estate has announced the addition of Broker Associate Ben Lampert to its Boulder office as the new member of Siân Murphy Group. Attention to detail, resourcefulness and reliability: these are the qualities that set Benjamin M. Lampert II apart from other real estate brokers. In 2017, Ben turned his love for ‘Parade of Homes’ into a career helping others buy and sell real estate – and has been going above and beyond ever since. Whether focused on relocation, luxury, a first-time
home-buyer or a long-time investor, Ben strives to ensure his clients are heard and their needs are met. Ben works with the Siân Murphy Group, helping buyers and sellers navigate the unique Boulder and Denver area real estate markets. He is an active member of the BOLO Realtors® association and Colorado’s BOLO YPN (Young Professional Network) in Boulder County. Ben Lampert can be reached at 703.615.5628 and via email at blampert@wkre.com.
SHARE YOUR NEWS At Home Colorado welcomes your home and real estate related press releases and news including advancements, hirings, community involvement, events and more. Visit www.athomecolorado.com/submit-your-news.
BOULDER DAILY CAMERA / LONGMONT TIMES-CALL
REAL ESTATE
South Boulder’s rich farming heritage
Today, South Boulder is known for its laid-back lifestyle, strong sense of community, and its close proximity to iconic trails and SEAN lauded national MCILLWAIN laboratories. However, over a century ago, the landscape was much different: three major farms – Martin, Kohler and Viele – occupied the undulating terrain. Over time, these family farms morphed into the neighborhoods of Martin Acres, Highland Park and Table Mesa. Join me on a journey back in time to explore the evolution and history behind three of Boulder’s foundational farms.
(Photo: Bryan Button / Unsplash)
later in 1954, the Martin Acres subdivision was established. By 1960, Martin Acres had grown to 1,200 houses, making it Boulder’s largest residential subdivision to date. Two early 1960s model homes for the subdivision are still located along Moorhead Avenue. The home located at 3375 Moorhead Ave. was the split-level model, while the home located at 3405 Moorhead was the ranch model. In 1963, home prices in the Martin Acres subdivision ranged from $15,000 to $20,000, according to the Denver Parade of Homes. Martin Acres’ proximity to South Boulder’s postwar industry boom led to its role in housing many of the employees who worked in these emerging industries, such as aerospace and atmospheric research at the National Bureau of Standards. Concurrently, Broadway Road, the thoroughfare running along the western edge of Martin Acres, was widened from its original two lanes to a four-lane road. This only elevated the subdivision’s desirability in South Boulder’s rapid growth and expansion.
Martin Farm (Martin Acres) One of Boulder’s most well known ranchers, William Martin, arrived in Boulder with fellow prospectors looking for their next mineral strike. In fact, Martin was part of the prospecting group who discovered the Caribou deposit. After cashing in, this discovery provided Martin with wealth beyond his expectations; he used his earnings to purchase a large tract of land, which was south of Boulder at the time. Eventually, Martin sold the land that became Highway 36, the Denver-Boulder Turnpike. While he and his family didn’t support the Turnpike – its development would cut off a portion of the farm from the remaining tract – they recognized its importance to the community and went ahead with the sale. The Turnpike opened in 1952 and two years
Kohler Farm (Highland Park) Another of Boulder’s important pioneer families was the Kohlers. Instead of seeking their fortune in the mines west of town, the Kohler family focused on cattle ranching. Frederick W. Kohler obtained 800 acres south of Boulder, where he operated an extremely successful cattle business. Two residential subdivisions now occupy the Kohler ranching property: Highland Park and Table Mesa. Experienced developers Turnpike Builders applied many residential design principles that were common hallmarks of postWWII neighborhoods, including community parks and streetaccessible driveways in the front yard. Highland Park’s houses of the early 1960s represented the continual transition toward taller split-level and two-story houses, ranging in stylistic designs. Like Martin Acres, Highland Park’s proximity to the growing tech and science employment centers of the era led to this subdivision to be a top choice for many of the employees. Meanwhile, the opening of the Denver-Boulder Turnpike (thanks to the Martin family) and a shopping strip adjacent to the subdivision at the southeast corner of Baseline Road and Broadway further encouraged new housing in Highland Park, bringing new patterns of development to South Boulder. Viele Farm (Table Mesa) Adjacent to the Kohler property was the Viele Farm. The Vieles brought with them the area’s first large steam threshing machine, a piece of farm equipment that removes the seeds from the stalks and husks. Eventually, Rosetta
Wendy Conder
WENDY CONDER
303-775-0108 • wendy@wendyconder.com February 18-19, 2022
South Boulder today While today’s growing bustle in South Boulder is undeniable, the pastoral charm of yesteryear can still be found in the area’s quiet parks, rolling hills and open space. The pioneering families left an indelible mark on our city’s history, and the neighborhoods and subdivisions established in the mid20th century still reflect qualities of the serene farmland that served as the foundation for this historic area. Sean is the founding broker of Mod Boulder Real Estate. Call 720.252.6051 or visit modboulder.com.
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Viele married into the Kohler family, uniting these two powerful clans. Following William Viele’s death, the Toedtli family purchased the land and continued to operate the property as a ranch until 1955, when they sold it to the developers of the Table Mesa subdivision. The entire Table Mesa subdivision was originally part of the 922-acre Viele Ranch. Between 1958 and 1967, developers constructed 1,270 residential houses and a 40-acre park surrounding Viele Lake. Table Mesa’s housing was larger than those typically constructed in the 1950s. They were also taller. Bi-level, split-level and two-story houses were common in the subdivision. These multi-storied house plans offered family zones to separate the bedrooms from the noisier living areas as the young families grew into families with older children. With automobile ownership increasing, attached garages or carports became the norm, with the garage often accommodating two cars rather than just one.
Over 32 Years Serving Boulder, Larimer and Weld Counties. Call Diane Today!
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REAL ESTATE
At home on the beach – Part 2 Are you thinking about buying a vacation home on an island getaway for you and your family to enjoy? There are quite a few factors DUANE to evaluate DUGGAN in order to make the vacation home buying experience a happy one. In my previous article, Part 1 of this two-part series, I discussed goals for your vacation home, rental income, and professional property management. In this article, I will outline further considerations that will help guide you toward your purchase.
Should I rent the vacation home long term? To have a vacation home for the future, some families have bought a home and immediately leased it to a long-term tenant, say for a year or more. This is because a long-term tenant now will help pay for the current expenses of owning it. Then later down the road, say in 10 years, you can stop renting it out and use it for yourself as a vacation home, or maybe even as your retirement home. If it is treated as an investment, are there any tax benefits or ramifications? As with any investment, it is a good idea to discuss with your tax advisor if there are any tax issues to consider. Tax laws change! Be sure to ask how those changes might affect your vacation home purchase. A few questions might be: • • •
• •
Can I deduct the mortgage interest? Can I take depreciation? If it is an investment, is there a limit on the number of personal days I can use it for? What expenses of running the property can I deduct? If it’s a rental, and I want to depreciate it, what is the maximum number of days it can be used personally?
House trading possibilities? Vacation homeowners will often buy a property for the possibility 4
AT HOME COLORADO
There are many details to gauge when buying a vacation property. (Photo: Pexels).
to use as “currency” to trade for other places to vacation. This helps keep lodging costs down at the places you might like to vacation in. Swap homes with your friends and networks -- or check out various websites that enable you to trade homes in destinations across the world. Is financing different for a vacation home? Most any 1- to 4-unit mortgage lender can help you finance a vacation home. They will typically qualify you under normal underwriting guidelines. However, it is usually a good idea to use a lender who is familiar with vacation properties. Can I buy a vacation home with my IRA? I get asked this question a lot. Yes, you can buy a vacation home with funds from your IRA, but you can’t use it personally. You also need to set up a self-directed IRA account. So why would you want to do that? Let’s say you live in Boulder and eventually want to retire on a warm island. You can buy a condo in the islands with your IRA and rent it out full time as an investment for your IRA. Then when it’s time for you to move in, you need to disburse it from your IRA, pay any applicable taxes, and you can use it personally. There are many more details you need to consider here so be sure to consult with a CPA who has experience in IRA real estate ownership. Can I set up a 1031 exchange
for a vacation home? Let’s say you’ve owned a Colorado rental property for years and you are ready to enjoy the equity in a beach location. The rule in a 1031 exchange is that you need to exchange one investment property for another investment property. The answer in short is, yes, you can. Again, work with your CPA to figure out the details and requirements for renting the new property, personal use, and the future possibility of using it as a full-time retirement home. How should I hold the title of a vacation home? You could hold title in the same manner as your single-family home, in your personal name as a single person, or as Joint Tenants or Tenants in Common for multiple owners. However, with a vacation home, it might be better to hold title in an LLC. If you are renting it out on a regular basis, an LLC helps you to treat it more like a business and provides some legal protection in the event of a lawsuit from a tenant. An LLC can also be set up to allow shares of the LLC to be sold or divided up amongst family members later. Professional legal and tax advice is absolutely necessary to make sure everything is arranged properly. Exit strategy or succession planning? The idea of having a vacation home can be very exciting, nevertheless, some planning needs to be done with regards to selling
the property when the family is done with it -- or figuring out how to keep the property in the family. If a couple owns a vacation home and they have 4 kids, when the couple passes away, suddenly the property has 4 owners. Those kids will have their own children and in just 3 generations there could be 10 to 20 owners. With 10 to 20 owners, you can imagine there can be many different opinions as to what to do with the property. Some of the new owners may view the ownership more as a burden than a benefit. Taking some time to create a succession plan is worth the time and effort. You might want to set up an LLC as described above so you have an agreement about how it works with multiple owners. Generally, it is a good idea to find an attorney with experience in creating succession plans for vacation homes. The attorney will listen to the family’s needs and goals and create a plan that works. Get a referral If you’re ready to find your vacation dream home, your Realtor® in Boulder County can refer you to another Realtor in the vacation destination you’re interested in. That expert will have local market knowledge to help you make informed decisions. There are many details to gauge when buying a vacation property. As you examine the idea of purchasing a vacation home, I recommend that you pull together a team that includes a Realtor, mortgage loan officer, tax accountant, financial planner, property manager, insurance agent – and possibly an estate planning lawyer – to consult with. Duane Duggan is an awardwinning Realtor® and author of the book Realtor for Life. He has been a Realtor for RE/MAX of Boulder in Colorado since 1982 and has facilitated over 2,500 transactions over his career. He has been awarded two of the highest honors bestowed by RE/MAX International: The Lifetime Achievement Award and the Circle of Legends Award. For questions, email DuaneDuggan@boulderco.com, call 303.441.5611 or visit boulderco.com.
BOULDER DAILY CAMERA / LONGMONT TIMES-CALL
M WT ANT MORE INFORMATION? Check out these great homes and many more at: Check out these homes and many more at:
tinyurl.com/BoCoFeatured
PRIME DEVELOPMENT LOCATION 9230 E 168th Ave BRIGHTON $8,280,000, 2 Homes, 207 Acres
12 UNIT APARTMENT BUILDING 1945 Canyon Blvd BOULDER $6,000,000
QUEEN ANNE VICTORIAN 1039 Mapleton Ave BOULDER $3,600,000, 4 Beds, 3 Baths, 2504 SqFt
PRIVATE RETREAT W/ VIEWS 277 Alpine Dr NEDERLAND $1,835,000, 4 Beds, 4 Baths, 3908 SqFt
OPPORTUNITY KNOCKS 420 21st Ave LONGMONT $1,500,000, 1 Level, 7577 SqFt
30 ACRES - FLAGSTONE QUARRY 2463 Steamboat Valley Rd LYONS $1,250,000, 30.67 Acres
PRIME CORNER VISIBILITY Retail Space - Unit C LYONS $650,000
BUILD A LAKEFRONT DREAM HOME 7670 W Grand Ave LITTLETON $650,000, 0.13 Acre
-1 11 un S en Op
SOLD TOGETHER OR APART 1525 Spruce St 1A & 1B BOULDER 1,275,000 (together), 3052 SqFt
-1 11 Sat n e Op
HIGH RISE CONDO 8100 E Union Ave #1104 DENVER $575,000, 2 Beds, 2 Baths, 1560 SqFt Joe Gibbs 810-560-9929
LIGHT-FILLED TOWNHOME 304 Jasper Peak Ct LAFAYETTE $550,000, 2 Beds, 3 Baths, 1123 SqFt Shannon McGuire 303-475-2297
INCREDIBLE MOUNTAIN VIEWS 0 S 120th St LAFAYETTE $525,000, ~2.01 Acres
2-2 n1 Su n e Op
GREAT FIND 2727 Folsom St 317 BOULDER $495,000, 2 Beds, 2 Baths, 891 SqFt
COZY CABIN DOWNTOWN 446 S Hendricks St NEDERLAND $399,999, 1 Bed, 1 Bath, 546 SqFt Jackie Jones 303-250-7353
LOCATION, LOCATION, LOCATION 1404 Wabash St DENVER $365,000, 2 Beds, 1 Bath, 843 SqFt
PRISTINE MOUNTAIN LAND 0 Moose Dr LYONS $350,000 40 Acres
RARE PIECES OF LAND 1851-1990 Country Dr FREDERICK Prices and Square Feet Vary
SPECTACULAR VIEWS 1524 Hauck Meadows Dr FREDERICK $250,000, 0.9 Acre
BUILD YOUR DREAM HOME 105 Millionaire Dr E BOULDER $225,000, 5.95 Acres
CHARMING 2 OFFICE CONDO 777 Poplar Ave 765 BOULDER $195,000, 383 SqFt
Boulder 303.499.9880
Downtown Longmont 303.651.3939
Downtown Boulder 303.442.3180
Nederland 303.258.7070
4770 Baseline Rd #220 Boulder, CO 80303
1911 11th St #200 Boulder, CO 80302
February 18-19, 2022
512 4th Ave #101 Longmont, CO 80501
286 N Bridge St Nederland, CO 80466
Lafayette 303.497.0588
109 N Public Rd View these homes online! Lafayette, CO 80026
rem.ax/bocohomes
Louisville 303.666.6500
225 W South Boulder Rd Louisville, CO 80027
Each office independently owned and operated.
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THE PATRICK DOLAN TEAM Questions about the real estate market? Our team of knowledgeable experts has the answers! CALL US TODAY: (303) 441-5642
NEW LISTING!
805 ROCK ROSE CT, LOUISVILLE
7188 CEDARWOOD CIR, GUNBARREL
4 BD • 4 BA • 3,930 SQ FT • Offered at $1,395,000
3 BD • 3 BA • 3,516 SQ FT • Offered at $949,000
Spacious two-story tucked back on a private cul-de-sac with park-like backyard and sun-drenched interior!
Showings start on Friday, February 25th! One owner ranch-style patio home adjacent to Boulder Country Club!
More Photos & Info: patrick-dolan.com/805-rock
More Photos & Info: patrick-dolan.com/7188-cedarwood
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COMING SOON!
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(303) 441-5642
patrick-dolan.com
patrickdolanteam@gmail.com BOULDER DAILY CAMERA / LONGMONT TIMES-CALL
19 Years
of Boulder County Gold Awards!
3817 Mountain View Drive Evans 665 Manhattan Drive, #204 Boulder 670 Lene Lane New Listing! $350,000 Under Contract $385,000 Under Contract Charming Evans Home - Great Investment. 2B/2B very clean and updated top floor condo. Better than new, with VIEWS!! www.3817.wkre.com www.665.wkre.com www.670.wkre.com Rebecca Weihe: 303-903-3231 Ardee Imerman: 303-946-5458 Lisa Rice: 503-336-0778
2965 17th Street Boulder New Listing! $1,800,000 Sunny, bright two story home on oversized lot. www.2965.wkre.com Liz Benson: 303-589-8957
Berthoud $480,000
1412 Old Tale Road Boulder 2329 Glacier Court Lafayette 5 bed, 5 Bath $3,695,000 3 Bed, 4 Bath $1,590,000 New modern custom home in Trail Ridge West. Creekside estate on one acre lot in the city. www.2329.wkre.com www.1412.wkre.com Paul Calcagno: 303-579-6463 Stu Wright:303-541-1900
6470 Cherry Court Niwot 8850 N. County Line Road Longmont 525 3rd Avenue Longmont 6 Bed, 8 Bath $3,525,000 7 Bed, 9 Bath $3,875,000 Commercial $4,500,000 Exquisite custom home with attention to detail! Luxury home with barn on 35 Acres!! Grand historic building in Old Town Longmont. www.6470.wkre.com www.8850.wkre.com www.525third.wkre.com Joyce Pollich: 303-249-6501 Dennis & Jann Culver: 303-618-3366 Tom Hill: 720-312-7271
VIEW THE ENTIRE MARKETPLACE INVENTORY OF LISTINGS ON WKRE.COM BOULDER OFFICE: 303.443.2240 LONGMONT OFFICE: 303.776.3344 wkre.com February 18-19, 2022
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Boulder’s Independent Real Estate Professionals N
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416 Indian Mountain Rd
$1,775,000
Lovely, updated, ranch-style home on 38 acres with beautiful views of Blue Mountain and the valley below. Gourmet kitchen, luxury master bathroom, 3 bedrooms and 3 full bathrooms. Beautiful barn for gatherings and an easy commute to town.
0 Peak to Peak Highway $100,000 Mountain getaway on nearly an acre. No HOA. Easily accessible.
1040 5th St Call for Prices Three industrial units in Lyons. Easy access; walk to downtown.
9849 Isabelle Rd $5,500,000 Commercial greenhouse and home. 31 acres with 42,000 sf of greenhouses, barn and lab. 8
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5991 Nelson Rd $1,950,000 35-acre buildable parcel with privacy, views and Swede Ditch water rights. Conveniently located.
303.444.3177 klrealty.net team@klrealty.net BOULDER DAILY CAMERA / LONGMONT TIMES-CALL
HOME
Popular trends shape 2022 home design Smart homes The adoption of smart devices and hands-free and voice-activated technology has caught on. Here in Boulder Valley, we notice home security devices gracing many a doorway. Smart devices that tie back to efficiency, such as energy and water monitoring, are increasing in popularity.
Home has taken center stage during the pandemic. As we all spent more time in our homes, residential design experienced a shift with new features rising to the top TOM of homeowner’s KALINSKI must-have lists such as healthy home environments, sustainable features, and work-from-home capabilities. As many friends and neighbors face rebuilding or remodeling their homes, it’s a good time to take a look at popular trends in home design for 2022. Following are some of our favorites by BuilderOnline.com in its list of top ten trends for single-family home design compiled from industry design sources.
Aging in place Many homeowners are looking to the future and want to create their forever home by keeping accessibility in mind. Features like curbless showers, non-slip flooring, and shower benches have become desirable — even stylish — features for homeowners of all ages.
Calming earth-toned colors Homeowners are expected to embrace nature and seek calm through color this year. Natural hues will dominate — such as greens and blues, taupes and browns. In fact, many paint manufacturers selected a green shade for their top color of 2022. Home offices A carryover from last year, this trend is motivated by the hybrid and remote work we’ve all become used to. Builder Online points to the need people have for calm, inviting spaces with great light control and aesthetic backdrops – suitable for the video calls that have become staples in our workday. Office spaces vary in size from small pocket offices to a larger space that doubles as a guest room. Sustainable design features Younger homeowners will
Office space trends vary in size from small pocket offices to a larger space that doubles as a guest room. (Photo: Pexels).
especially gravitate toward sustainable building practices and products that match their values. Features such as high-performance windows and solar panels help reduce energy use, while native trees and grasses can help create water-efficient landscapes. Outdoor living This is one trend that could be here to stay for the foreseeable
future, especially in Boulder Valley where we love our beautiful outdoor surroundings and active lifestyles. People want their backyards to be relaxing extensions of indoor living spaces. “From fire pits and outdoor kitchens to televisions and ample seating areas, the line between indoors and out is almost disappearing,” Builder Online writes.
Mental health retreats These tough pandemic years have put the focus on the value of mental health and self-care. Homeowners are seeking areas to retreat without leaving home. Builder Online predicts a rise in the creation of private spaces for meditation or reflection, reading nooks and spa-inspired bathroom escapes. Natural light will be important and indoor plants will continue to be popular. Read the full list of trends at www.builderonline.com/design/ consumer-trends/10-single-familytrends-that-likely-will-influencehome-design-in-2022. Tom Kalinski is the broker/ owner of RE/MAX of Boulder, the local residential real estate company he established in 1977. He was inducted into Boulder County’s Business Hall of Fame in 2016 and has a 40-year background in commercial and residential real estate. For questions, email Tom at tomkalinski33@gmail.com, call 303.441.5620, or visit boulderco.com.
Drive Traffic to Your Home Listing Increase your exposure with AtHomeColorado’s Open House / Virtual Tour Quick Guide. The targeted buyer promotion includes a print listing, online interactive listing, alerts and Facebook marketing. To place your listing, visit: openhomes.athomecolorado.com (scroll to the bottom for the order link). February 18-19, 2022
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COVERPROFILE
Boulder Creek Neighborhoods offers final ‘right-sized’ floor plans at Rock Creek
Opportunities Ab
By Sarah Huber At Home Colorado
T
o live in Colorado is to dwell with the constant visual reminder that, as with the towering slopes of the Rocky Mountains, life is both rugged and majestic. And this is the way of thinking that has shaped the focus of lifestyle builder Boulder Creek Neighborhoods and influenced each community they craft. Based in Louisville, Boulder Creek Neighborhoods builds homes that foster relationships, value efficiency and nurture the passions and dreams of their homeowners. Moreover, it is this commitment to living authentically and joyfully that has supported Superior since December’s tragic Marshall Fire, and has inspired the Boulder Creek homeowners at Lanterns at Rock Creek in Superior to welcome others to the thriving community. While Boulder Creek Neighborhoods is grateful the Lanterns neighborhood was untouched by fire, the community has prioritized helping 10
AT HOME COLORADO
neighbors and inviting new families into their tree-lined, peaceful enclave. “Many (of the residents of Lanterns at Rock Creek) have banded together and offered meals, rooms, emotional support and whatever they could to help,” said Boulder Creek Community Manager Donna Lu Gamberg.
Limited inventory in Rock Creek haven
With about 20 homes remaining, including only four of the highly popular Opportunities Two series, Lanterns at Rock Creek is quickly nearing build-out, and sales are moving swiftly in today’s tight market. “We are thrilled to be able to offer these houses in an in-demand market and neighborhood,” said BCN Director of Marketing Jessica Champlin. After all, landing a home in the Boulder County market is never easy, and Boulder County’s available home inventory is not projected to increase for months and perhaps not through the year. For a comparable price to an older, resale home in Boulder, a new, lower-maintenance
ound
Boulder Creek home is available with several advantages. “These homes are built with the latest in construction techniques and energy efficiency to benefit their owners for years to come,” Champlin said. She continued, “And, unlike a resale home, nothing compares to choosing your home site and finishes, moving into a brand new home and making it yours.” Gamberg partners with buyers to calculate costs and ensures home buyers are educated and prepared throughout the entire building and buying process. “The market is not loosening, and interest rates are not going down,” she said. “The best time to buy is now.” Champlin added, “Homeowners have seen their home price increase significantly over the past year, giving them more equity than they potentially realize. That provides a unique opportunity for those looking to downsize into main-floor, lower-maintenance living.”
A ‘right-sized’ opportunity
The Opportunities Two series at Rock Creek is Boulder Creek Neighborhoods’ direct BOULDER DAILY CAMERA / LONGMONT TIMES-CALL
response to feedback from homebuyers and the “craziness of the Boulder/Denver market,” Champlin said. The intuitive floor plan series preserves the lower-maintenance, main-floor living features homeowners love about the original Opportunities series, while slightly trimming the square footage for a home at a more attainable price point. “Our buyers are seeing the value in getting a beautiful Boulder Creek home for a smaller price and a little less square footage to clean,” Gamberg said. “These are ideal for empty nesters and also for singles and young families seeking an easy-to-care-for home.” Like the original Opportunities’ floor plans, Opportunities Two plans present an openconcept, light-suffused living space. While Opportunities One homes span 1,800 to 2,000 square feet on the main floor and finish north of $900,000, the Opportunities Two floor plans offer between 1,200 and 1,500 square feet on the main floor and are finishing around $700,000. “These were designed to meet a need. They offer an additional option in the sought-after Rock Creek neighborhood for those buyers who have found themselves on the sidelines in Colorado’s rapidly increasing real estate market,” Champlin said. Meeting needs and more specifically, meeting homeowners at the junction of what they require and what they desire in a home has been Boulder Creek’s focus from day one. Yet the lifestyle builder takes it a step further to create homes that promote flourishing – what Boulder Creek celebrates as “lifefullness®.” For Gamberg, “lifefullness” Boulder Creek-style is “doing what you love with a home that helps to make that achievable.” Thanks to the lower-maintenance lifestyle maintained by the Lanterns at Rock Creek lifestyle association, “lifefullness” might look like weekends skiing or hiking instead of tedious yard work or more time with a book or the kids instead of shoveling snow. Champlin said, “Our homes are designed to give you the life you always wanted.” Along with lower-maintenance conveniences, Boulder Creek’s energy-efficient building practices keep maintenance and energy costs lower than most resale options. Tesla solar panels top each home, and a garage charging dock is optional. Homes also include advanced insulation packages and low-e windows with
Opportunities floor plans present an open-concept, light-suffused living space. (Photo: Boulder Creek Neighborhoods).
argon gas and foam seals. “It is as important to us to build durable, efficient homes as it is to build beautiful homes,” Gamberg said. Lanterns at Rock Creek will count 62 homes at completion, and both Opportunities series feature ranch-style paired patio homes with two to four bedrooms and a main-floor laundry room. Homes include a two-car garage, a front raised pergola and a back patio with space for outdoor dining. Inside, a generous kitchen leads to a cozy great room with tall ceilings and a large sliding glass door to the back patio – “the ultimate kitchen and living space for entertaining or relaxing,” Gamberg said. Home buyers are paired with a specialist from Saddleback Design in Denver to select finishes, and “as with many Boulder Creek homes, the personalization opportunities are nearly endless,” she said. That acclaimed Boulder Creek personalization extends to the lower level. “The difference in sizes and options appeal to everyone,” Gamberg said. “Some folks will only want to have the main-floor space, which has everything you need for daily living. For grandparents, movie aficionados and those who love to host, the option to finish out the lower level is a dream come true.” Boulder Creek Neighborhoods’ dedication to
“lifefullness” is evident even in the accessibility of the floor plans. Lanterns’ homes are meticulously designed, down to the raised electrical outlets that reduce bending, and main-floor living empowers homeowners to live independently. Zero-step thresholds, 36-inchwide doorways and spacious bathrooms are standard in these Boulder Creek homes.
Final opportunities selling now
One of a handful of lower-maintenance communities in northern Colorado, Lanterns at Rock is attracting buyers from throughout Colorado and beyond. Others from inside the wider Rock Creek community are relocating to Lanterns “as they seek to ‘right size’ in the subdivision they know and love,” Gamberg said. Superior is looking towards a bright future, powered by neighborhoods and homeowners like those at Lanterns at Rock Creek – who embrace a joyful pursuit of one’s passions and a welcoming vibe. To take advantage of one of the remaining opportunities at Lanterns at Rock Creek, visit LiveLanterns.coml or call Boulder Creek’s online concierge at 303.309.0088.
Boulder Creek-style is “doing what you love with a home that helps to make that achievable.” (Photos: Boulder Creek Neighborhoods). February 18-19, 2022
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HOME
3 winter color palettes to make your home feel warm and cozy By Avery Newmark Atlanta Journal-Constitution (TNS) There is no better time than the new year to redecorate our homes, and given the season, many people will be looking for cozy and warm touches to help create a winter sanctuary. Whether it’s as simple as new pillow cushions, installing a new light fixture, or going all out with a new design, a new color palette will create a tranquil space to relax, cook and entertain in. Check out these color palettes that experts at Wren Kitchens have put together to transform your home into a snuggly oasis: Deep blacks with warm timber Take a chance with darker color contrasts to add depth and drama to your home, particularly in large rooms with plenty of natural light. “We can expect to continue
kitchens over the next few years. Dark kitchen cabinets represent elegance and a rich luxurious esthetic, casting a little drama over the room,” Wren Kitchens says. To soften the deep black color, add touches of warm wood, whether it’s in the form of a table and chairs, countertops, or a mantle over your stove. For an even bolder statement, combine the color with muted metals like antique brass handles or muted gold taps.
Create a winter scene of deep blue skies and snowy hills by using this color scheme in your home. (Photo: Dreamstime/TNS).
seeing dark matte colors being used for cabinetry finishes as well as hardware accents in our
Earthy green with hints of gold and black Bring the outdoors in with earthy, warming forest greens, golds, blacks and whites. For a bolder statement, pair forest green with more deep grays and blacks for the ultimate winter vibe. “This traditional yet modern design offers a super sophisticated timeless esthetic. Plus, this versatile
color palette is a trend that’s here to stay and you can play around with how you accessorize it depending on how you feel and what season it is. Think deep grays and blacks during the cooler spells and neutral creams and terracotta accents in the summer,” Wren Kitchen says. Rich blues and bright whites Create a winter scene of deep blue skies and snowy hills by using this color scheme in your home. “Midnight or navy blue cabinets create a rich esthetic, especially when combined with chrome handles and a streak of metallic profiling underneath the cabinets. Glistening snowy white quartz countertops complete this winter scene,” says Wren Kitchens. Amber lighting and cozy materials like velvet, faux fur and fleecy textures help warm up the look.
QUICK GUIDE
Open House // Virtual Tour
VIEW THIS WEEK’S OPEN HOUSES/VIRTUAL TOURS AT: OPENHOMES.ATHOMECOLORADO.COM
BOULDER 4334 Clay Commons Court, Boulder $900,000 Open House: Sat., 1 to 3 p.m. Susan Eastman Live West Realty (303) 589-6845
1240 Ithaca Drive, Boulder $1,299,000 Open House: Sat. & Sun., 2 to 4 p.m. Brigitte Furst 8Z Real Estate (720) 244-4411
1412 Old Tale Road, Boulder $3,695,000 Open House: Sun., Noon to 3 p.m. Stu Wright WK Real Estate (303) 888-1679
DENVER 8100 E Union Ave., #1104, Denver $575,000 Open House: Sun. 11 a.m to 1 p.m. Joe Gibbs RE/MAX Alliance (801) 560-9929
FREDERICK
LONGMONT
6148 Gorham, Frederick $435,000 Open House: Sat., Noon to 2 p.m. Jitka Siguenza WK Real Estate (415) 314-8839
30 E. 4th Ave., Longmont $385,000 Open House: Sat., Noon to 2 p.m. Kristine Coughlin WK Real Estate (720) 217-7164
LAFAYETTE 304 Jasper Peak Court, Lafayette $550,000 Open House: Sat., 11 a.m. to 1 p.m. Shannon McGuire RE/MAX Alliance (303) 475-2297
4205 Riley Drive, Longmont $850,000 Open House: Sat., 1 to 3 p.m. Bob Grotluschen RE/MAX of Boulder (303) 441-5645
PLATTEVILLE 16494 Ledyard Road S., Platteville $1,380,000 Open House: Sat., 11 a.m. 1 p.m. Debbie Patridge Sears Real Estate (303) 601-1330
LIST YOUR OPEN HOUSE OR VIRTUAL TOUR
For more information, call Thais at 303.473.1456, Toni at 303.684.5329 or place your listing online at: OpenHomes.AtHomeColorado.com and click “Place a Listing”. 12
AT HOME COLORADO
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anterns
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February 18-19, 2022
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DESIGN RECIPES
5.
Consider mosaic and glass tiles. If you choose this route, be sure to hire an installer.
By Cathy Hobbs Tribune News Service (TNS)
6.
Select a custom grout color. This is often an overlooked design element.
7.
Choose rectangular tiles as opposed to those that are square for a more modern look.
8.
Consider using tile to introduce both texture and color into a space.
9.
Look for interesting ways to lay tile in a pattern.
Tile on trend
You’re looking to retile your kitchen or bathroom and are at a loss as to which color tile to choose. As a tile choice can often make or break a room, the dilemma is understandable. What is on trend? One trend and color palette we have spotted repeatedly recently does seem pervasive: the colors white and gray. While this may not surprise you and may even seem to be a bit bland, there are some advantages — namely its timeless appeal and neutrality. We have spotted this color palette from kitchen countertops to backsplashes and bathrooms. Here are some ways to make the right selection for your next renovation project. 1.
14
Select the slab in person when it comes to large surfaces such as a countertop or overscale backsplash. In many instances, a customer can visit a stone yard in person to make their own
AT HOME COLORADO
10. Consider pairing tiles that are dissimilar but of the same color palette to add interest and depth.
RIGHT: Rectangular tiles are used on a bathroom wall for a modern and elegant feel. (Photo: Scott Gabriel Morris/TNS).
selection. 2.
Be aware of background color and shades. Not all whites and grays blend together, so be sure to place tiles side by side to ensure color matching.
3.
Consider using tile on larger surfaces to create an interesting wall feature.
4.
Mix patterns. It is not unusual to have one pattern on the wall and another on a floor.
Cathy Hobbs, based in New York City, is an Emmy Awardwinning television host and a nationally known interior design and home staging expert with offices in New York City, Boston and Washington, D.C. Contact her at info@cathyhobbs.com or visit her website at cathyhobbs.com.
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HOME
Smart ways to use your home equity for remodeling By Natalie Campisi Bankrate.com (TNS) The amount of equity you have in your home is the portion of your home that you’ve already paid off. If your house is worth significantly more than what you still owe on your mortgage, you may be able to use that equity to pay for home improvements or renovations. But before tapping into your home equity consider the pros and cons that come with taking out a loan for home improvement. Read on to learn more about your options and how you can make the most of your home equity loan or home equity line of credit (HELOC). BENEFITS OF USING THE EQUITY IN YOUR HOME FOR HOME IMPROVEMENT Home equity can be a smart way to finance a remodel, especially as interest rates remain low. As of early January 2022, the average home equity loan rate is 5.96 percent APR, and the average HELOC rate is 4.27 percent APR. Tax deduction The interest you pay on home equity loans and HELOCs is tax-deductible but there are important limits to understand before proceeding. To begin with, the money must be used to substantially improve the home that secures the loan. It cannot be used for such things as personal living expenses or to pay credit card debt. Substantial improvements are changes or renovations that add value to the home, or prolong its useful life or even adapt the home for a new or different use. There are also limits on the loan amount when it comes to qualifying for an interest deduction. As of 2018, joint filers may deduct interest on up to $750,000 worth of qualified loans, while single filers or married filers filing separate returns can deduct interest on up to $375,000. These figures represent a reduction from prior limits of $1 million for joint filers and $500,000 for individual tax returns. You must itemize tax returns in order to earn the deduction. Low interest rates Both home equity loans and HELOCs carry low interest rates
Before tapping into your home equity consider the pros and cons that come with taking out a loan for home improvement. (Dreamstime/TNS)
because they use the home as collateral for the loan. Obtaining the most competitive rates however will depend on your financial situation. Those who have good credit will have access to the most competitive rates, while applicants with less-than-ideal credit scores will pay a higher rate. In general, a credit score of above 700 will most likely qualify you for a home equity loan, as long as other application requirements are also met. It’s important to shop around and check rates from a variety of lenders to ensure that you’re getting the most favorable rate based on your financial history. You can also work on improving your credit score prior to applying for a home equity loan or HELOC to help improve your odds of securing a competitive rate. This can be accomplished by paying down outstanding debt, consistently making on time payments and disputing any negative items on your credit report. Return on investment Investing in your home is a smart idea, whether you’re looking to sell or create a more comfortable space for you and your family. If you’re considering selling your house, renovations may help it sell more quickly and for more money.
DRAWBACKS OF USING A HOME EQUITY LOAN FOR HOME IMPROVEMENT While there are many benefits to taking out a home equity loan for home improvements, it’s important to remember that there are also drawbacks. Your home is collateral for the loan Perhaps the biggest drawback to consider before signing on the dotted line for a home equity loan is the risk of losing your home should your financial situation change unexpectedly. If you fall behind on payments, your home could be foreclosed upon. Consider your financial situation carefully before proceeding. This includes thinking about your employment situation, your current level of debt and other factors that may impact your ability to remain up to date with the loan payments. Be honest with yourself about whether your financial situation is stable enough to maintain regular payments for the long haul. It can also be a good idea to speak with a financial advisor who can help crunch the numbers and determine whether a home equity loan is right for you. This type of professional can also help you develop a financial plan that allows for successfully meeting the demands of loan repayment.
The value of your property could decline and the bank may recall the loan While home prices are soaring right now, that may not always be the case. From time to time there are substantial market corrections or downturns. The Great Recession in 2008 for instance, caused a housing crisis and many owners were suddenly upside-down in their mortgages – owing more than the fair market value of the house. A market downturn can be especially challenging if you have a lot of debt associated with the home, says Mark Charnet, founder and CEO of American Prosperity Group, a retirement and estate planning firm. “If the value of the home falls to where the loan balance exceeds the home’s value, the bank may call in the loan and force you to pay it all off or a significant amount of it,” Charnet says. “Failure to do so can possibly lead to a foreclosure action by the lender. Never loan yourself so much that a 5 to 7 percent reduction in your home’s value will trigger this type of ‘underwater’ event.” With such concerns in mind, it is important to never borrow more money than you will need when taking a home equity loan or HELOC. It’s also important to be sure the renovations you are embarking upon will actually increase the home’s value. A home equity loan might be more than you need Using home equity for home renovations works best when you’re making significant improvements or have multiple renovation projects that will be covered with the loan funds. Often lenders have minimum borrowing requirements, which means you’ll need to be prepared to take out a substantial amount of money, more than you may feasibly need to use. “A home equity loan can be a great option for borrowers if they’re looking to cover a large expense,” says Nicole Straub, general manager of Discover’s home loans unit. “Loan amounts tend to be higher than for unsecured loan products like personal loans.” If you have smaller projects or renovations in mind, it may not make sense to take a loan that not only involves high minimum
borrowing amounts but also includes closing costs and requires putting your home on the line as collateral. A personal loan or even a credit card may be a better choice for such circumstances.
bearing account and earn money on your money. • All money is disbursed up front, making the loan a good option for large-scale improvement projects.
The loan comes with additional costs Because a home equity loan is a second mortgage, you’ll pay closing costs and fees, which can be expensive, ranging from 2 percent to 5 percent of the loan, Sterling says. “If you’re planning a $30,000 kitchen remodel, you will end up paying much more than $30,000 in interest, closing costs and other fees,” she says. “If you have a home equity line of credit, you also run the risk of interest rates rising.” The fees associated with this type of loan include origination fees, appraisal fees, document and filing fees, credit report fees and more. It’s important to factor these fees into the total cost of the loan when deciding it makes financial sense for your situation and needs.
Cons • If your home remodeling project is going to be a lengthy process, you may be tempted to spend the money on other things instead. • A home equity loan is a secured loan against your house, so if you stop making payments, the bank can take possession of your home. • If home values take a dive, you may owe more on your loan than the home is worth. • Since a home equity loan is a second mortgage, it comes with closing costs and fees.
HOME EQUITY LOANS VS. HELOCS FOR HOME RENOVATION Two of the most popular options for borrowing money for home renovations are home equity loans and home equity lines of credit. The two share many similarities: they both use the equity in your home, they both use your home as collateral and they both typically let you borrow up to 80 percent or 85 percent of your home’s value, minus your outstanding mortgage balance. However, the two have several differences, and they each have their pros and cons. HOME EQUITY LOANS FOR HOME IMPROVEMENT Home equity loans are structured more like a traditional mortgage, with a set schedule of payments that include both principal and interest. They are essentially second mortgages and typically come in terms of 10, 15, 20 or 30 years. Pros • Payments are structured and begin right away, which makes it easier to budget. • Home equity loans usually have a fixed rate, so the amount you pay will likely stay at or close to the same amount each month. • If you aren’t planning to start remodeling immediately, you can move the money to an interestFebruary 18-19, 2022
HOME EQUITY LINE OF CREDIT (HELOC) FOR HOME IMPROVEMENT All HELOCs have a draw period and a repayment period. During the draw period, you can borrow money from the line of credit and may only be responsible for interest-only payments. Once that period expires, you can no longer withdraw funds, and you must start repaying both principal and interest. Pros • You can use as much or as little money as you need and only pay back what you use. • Interest rates are usually lower than those of personal loans or credit cards. • During the draw period, you may be given the option to make interest-only payments. Cons • HELOCs are variable-rate loans, which means the interest you pay will fluctuate and affect your monthly payments. • It can be easy to take on more debt than you can afford since you can borrow from your HELOC multiple times and don’t have to start paying principal right away. • Many lenders charge an annual fee to keep the HELOC open, whether you use it or not. • If home values fall, you may owe more than the home is worth. • It can take a bit longer to get approved for a HELOC than a home equity loan.
5 WAYS TO USE A HOME EQUITY LOAN FOR HOME IMPROVEMENT Kitchen remodel Kitchen remodels are the fifth-most popular project in the country among homeowners planning renovations in 2021, according to HomeAdvisor’s 2021 True Cost Report. In addition, according to Remodeling’s 2021 Cost vs. Value report, minor kitchen remodels with midrange finishes recoup 72.2 percent of their cost in home value. “Because of the relatively higher cost of kitchen remodels, financing these projects with lower-interest home equity loans could be a great way to improve your home value,” says Mischa Fisher, chief economist for Angi, the service that powers HomeAdvisor. Bathroom remodel Bathroom remodels also provide a relatively good return on investment, with 60.1 percent of a midrange remodel’s cost recouped, according to Remodeling’s 2021 Cost vs. Value report. “Bathroom remodels were the most-planned project for 2021 in the HomeAdvisor True Cost Report, but they also carry a high average cost of $13,401,” Fisher says. “Since that is more cash than most people would like to pay upfront, bathroom remodels could be one of the best options for financing.” New deck Decks have seen one of the most significant increases in popularity of the major projects tracked by HomeAdvisor’s True Cost Report, rising from the 10th-most completed project of 2020 to the seventh-most planned project of 2021. They also provide a solid return on investment, according to Remodeling’s 2021 Cost vs. Value report, with wood deck additions recouping 65.8 percent of their value and composite deck additions recouping 63.2 percent. Garage door Replacing your garage door practically pays for itself, recouping 93.8 percent of the cost, according to Remodeling. That put it at the top of the list for retained value at resale. Roof replacement A roof replacement is a wise investment, Sterling says. An asphalt shingle roof can provide a
return of 60.7 percent, according to Remodeling’s 2021 Cost vs. Value report. “Like garage doors, this may also be a necessity if you have an old or damaged roof,” Sterling says. “You also get a better return on shingles as opposed to metal roofs.” Alternatives to home equity loans for home improvement If you’d rather not use your home equity for home improvement projects, you have other options: Personal loans: Because personal loans are unsecured debt, interest rates range from about 2.49 percent to about 36 percent, depending on your credit history, income and other factors. However, a personal loan can be a useful short-term solution for remodeling when you don’t have much equity but the improvements you are planning will significantly increase the value of your home. Though rates for personal loans are higher than those of home equity loans, you don’t risk losing your home if you default. Credit cards: If you have discipline and excellent credit, you may qualify for a credit card offering a 0 percent interest rate for a certain term. If you qualify for a credit card with a 0 percent interest promotion, it can mean financing a home improvement with no interest, provided you can pay the credit card off before the promotional term ends. Interest rates can and will go up if you are late or miss a payment, and they can reach astronomical levels. Cash-out refinance: With a cashout refinance, you refinance your mortgage for more than what you currently owe, replace your current mortgage with a new one and take the difference in cash. Keep in mind that cash-out amounts may be limited, and this option is only smart if you can get a lower interest rate on your mortgage. Before committing, get quotes from a few lenders offering refinancing. The bottom line If you’re looking to renovate your home, tapping your home equity may be a good way to find funding. Shop around at multiple lenders to find the best deal on a home equity loan. Home improvement projects can be expensive enough, and even a small difference in the interest rate can save you thousands of dollars over the years. ATHOMECOLORADO.COM
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Boulder and Longmont Area Real Estate Statistics HOUSE SALES
Year to Date
January 2022 Statistics
Average Sales Price
Sold Listings Location
Sold Inventory Avg. Sales Listings Price Boulder 44 58 $1,607,325 Erie 30 9 $846,146 Lafayette 16 9 $830,316 Longmont 66 69 $642,231 Louisville 11 6 $1,117,198 Lyons 3 3 $1,188,333 Mountains 14 21 $1,013,518 Niwot 6 3 $2,563,333 Plains 26 29 $1,256,942 Superior 7 3 $875,000 Total 223 210
Days on Market 59 18 31 30 23 48 59 80 54 30
Janaury 2022 Statistics
Median Sales Price $1,118,000 $716,000 $759,282 $575,500 $1,025,000 $1,275,000 $1,005,500 $2,265,000 $772,500 $750,000
Location Boulder Erie Lafayette Longmont Louisville Lyons Mountains Niwot Plains Superior Total
Thru Jan-21 51 23 24 67 10 1 16 6 21 3 222
Thru Jan-22 44 30 16 66 11 3 14 6 26 7 223
% Chg (13.7) 30.4 (33.3) (1.5) 10.0 200.0 (12.5) 0.0 23.8 133.3
Sold Inventory Avg. Sales Listings Price Boulder 51 28 $548,916 Erie 13 9 $493,755 Lafayette 20 1 $506,484 Longmont 12 1 $428,395 Louisville 3 2 $533,667 Lyons 0 0 $0 Mountains 0 0 $0 Niwot 1 0 $246,000 Plains 12 4 $589,569 Superior 3 11 $565,333 Total 115 56
Thru % Chg Jan-22 $1,607,325 7.0 $846,146 27.1 $830,316 27.1 $642,231 (0.4) $1,117,198 34.7 $1,188,333 67.1 $1,013,518 39.1 $2,563,333 54.4 $1,256,942 (13.2) 26.1 $875,000
CONDO & TOWNHOME SALES
Days on Market 48 26 91 21 8 0 0 3 4 36
Median Sales Price $439,350 $495,000 $537,500 $412,500 $410,000 $0 $0 $246,000 $418,500 $546,000
Location Boulder Erie Lafayette Longmont Louisville Lyons Mountains Niwot Plains Superior Total
Location Boulder Erie Lafayette Longmont Louisville Lyons Mountains Niwot Plains Superior
Thru Jan-21 72 26 66 42 38 1 70 63 82 3
Thru Jan-22 59 18 31 30 23 48 59 80 54 30
% Chg (18.1) (30.8) (53.0) (28.6) (39.5) 4700.0 (15.7) 27.0 (34.1) 900.0
Thru Jan-21 $1,310,000 $617,000 $578,563 $510,000 $743,775 $711,000 $665,000 $1,503,178 $947,000 $622,000
Thru % Chg Jan-22 $1,118,000 (14.7) $716,000 16.0 $759,282 31.2 $575,500 12.8 $1,025,000 37.8 $1,275,000 79.3 $1,005,500 51.2 $2,265,000 50.7 (18.4) $772,500 20.6 $750,000
Year to Date
Thru Jan-21 48 4 8 19 4 0 0 2 7 7 99
Thru Jan-22 51 13 20 12 3 0 0 1 12 3 115
Days on Market
Average Sales Price
Sold Listings Location
Thru Jan-21 $1,502,149 $665,816 $653,526 $644,875 $829,355 $711,000 $728,481 $1,660,059 $1,448,040 $694,000
Median Sales Price
Days on Market
% Chg 6.3 225.0 150.0 (36.8) (25.0) N/A N/A (50.0) 71.4 (57.1)
Thru Jan-21 $533,731 $339,725 $420,000 $388,393 $347,750 $0 $0 $282,500 $393,929 $596,259
Thru Jan-22 $548,916 $493,755 $506,484 $428,395 $533,667 $0 $0 $246,000 $589,569 $565,333
% Chg
Location
2.8 45.3 20.6 10.3 53.5 N/A N/A (12.9) 49.7 (5.2)
Boulder Erie Lafayette Longmont Louisville Lyons Mountains Niwot Plains Superior
Thru Jan-21 75 11 65 58 4 0 0 19 47 48
Thru Jan-22 48 26 91 21 8 0 0 3 55 36
Median Sales Price % Chg (36.0) 136.4 40.0 (63.8) 100.0 N/A N/A (84.2) 17.0 (25.0)
Thru Jan-21 $471,950 $316,000 $430,000 $370,250 $350,500 $0 $0 282,500 $335,000 $724,814
Thru Jan-22 $439,350 $495,000 $537,500 $412,500 $410,000 $0 $0 246,000 $418,500 $546,000
% Chg (6.9) 56.6 25.0 11.4 17.0 N/A N/A (12.9) 24.9 (24.7)
Data Source: IRES- Information Real Estate Services
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RECENTLY LISTED HOMES UNDER CONTRACT
UNDER CONTRACT
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ERIE | 1669 WALKER STREET
LAFAYETTE | 231 REMUDA LANE
BOULDER | 4760 HANCOCK DRIVE
4 BR * 4 BA * 2589 TSF (958555) * $739,900
3 BR * 3 BA * 2057 TSF (958709) * $485,000
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3 BR * 3 BA * 1638 TSF (958832) * $519,900
1 BR * 1 BA * 312 TSF (958938) * $225,000
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BELLVUE | 3138 STRINGTOWN GULCH RD.
BOULDER | 1836 22ND STREET
LOUISVILLE | 805 ROCK ROSE COURT
3 BR * 2 BA * 3816 TSF (959009) (941232) * $1,950,000
3 BR * 3 BA * 1632 TSF (959029) * $1,299,000
4 BR * 4 BA * 3930 TSF (959051) * $1,395,000
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2425 Canyon #110 | 1320 Pearl 20
AT HOME COLORADO
303.449.7000 | BoulderCO.com BOULDER DAILY CAMERA / LONGMONT TIMES-CALL