For graphic purposes only. Bears no relevance to content whatsoever.

Boulder real estate sales reports from April are in, and as of that rainy month in 2009:

• The market for homes in the $300-400 K is tighter.
• The market for homes in the $1M-plus range is significantly softer, with only 2 sales in April, 2009 out of more than 50 properties on market.

Personal analysis: Just as the used car market is doing well, and new car sales are suffering, people still need and want to buy homes in the current economy; they’re just spending less. Further, appreciation matters more during these current economic conditions. Weigh the importance of how much lifestyle and construction matter against your need to make money on your investment relatively soon.

What this means to buyers:

• You’ve got negotiating leverage on high-priced luxury properties, particularly on luxury condos and attached dwellings.
• You may need to move a little faster than you thought you might have to on homes in the $300-400 range and lower.

What this means if you’re selling:

• Selling real estate right now priced under $400K means that you have a little wiggle room for mistakes. Perhaps you can get away with pricing on the higher side, or doing a little less with your marketing strategy. You may get away without staging your home, or really getting down to the nitty gritty with your aesthetic presentation.
• Selling a home at or around $1M or more means you’ve got to bring your A game. Hire the best agent you can find, and get everything right the first time: Pricing, preparation, and marketing.

Surrounding Areas:
Out of all Boulder-area communities, Longmont real estate seems to be fairing and recovering the best, but is still reporting high numbers of foreclosures.

Related Web sites:

• Boulder houses priced $200-400K
• Boulder houses priced over $800K
• Boulder Condos/Townhomes priced over $800K
• The 100 newest listings in the Boulder MLS

It’s typically an area that’s known for its buildings and architecture from the ’70s, the pinnacle of which being the landmark First Christian Church (right, as seen in the Jack Nicholson movie About Schmidt). And it’s either great or horrible seeing the kind of progress going up there, depending on how you feel about old things in Boulder vs. Boulder’s new-new things.

Looking out on the mountains and famous flatirons, there are two new-new things:  One Penn Place and Landmark Lofts, both stylish and tasteful additions in my opinion, and both right next to each other.

One Penn Place–Four story building of 12 units total on Pennsylvania Avenue, plus top-notch amenities such as a workout facility, meeting room, and 2 parking spaces in a heated garage per unit. With a focus on luxury finishes and appliances, One Penn Place is a residential condominium building of units in the 2,000 square foot range, priced from the mid-500s to up over 1M. You’ll find 2 bedroom or 2 bedroom + study units with open living spaces and some storage.

Landmark Lofts–A larger development of 1, 2, 3, 4 bedroom and penthouse units with about 600-1800 square feet per unit.  The difference here is this: What’s outside the units here is almost as important as what’s in. With pathways winding around the buildings, park benches, and casual outdoor meeting spaces, Landmark embraces a more social aspect to its architectural stylings. From the mid-200s to the 700s.

You can take virtual tours of both places, or see them up close and in person by contacting your favorite Boulder REALTOR.

A New-New Kind of Peloton

For those of you who were around Boulder during its first tech heyday, you may still refer to the area around 33rd and Arapahoe as the former site of the Exabyte campus. No more.

Because now with an undeniable presence, including a 22,000 foot community center that was finished and fully functional even before the first residents had set foot in their homes, The Peloton is going to teach you a lesson in what’s new at 3601 Arapahoe.

What’s There: Brand new single-floor condos with high-end finishes, such as slab granite counter tops, maple cabinets, and stainless steel appliances. Top of the line landscaping, private courtyards and a dog park. And that community center everyone’s been talking about – think movie theater with leather seats and heated rooftop pool for year-round shenanigans. Secured underground and surface parking and lobby bike lockers in a mixed-use environment. Choose from sixty different floor plans ranging from about 800 to 1900 square feet, each with a private patio or balcony. Oh, and did somebody say mountain views?

How much: Priced from the mid-300s to the mid-900s and up, 38 of the 385 units will be part of Boulder’s affordable-housing program.

Other attractions: Walking distance to 29th Street Mall (with transit to Village coming soon), easy commuter access to highway 36 via Foothills Parkway, University of Colorado, the Foothills Campus of Boulder Community Hospital, downtown Boulder, Louisville, Lafayette, and NoBo area neighborhoods.

Photo by Flickr–Creative Commons, by cmrowell

Did you know that Boulder condo and townhome subdivisions make up about half of our Top Boulder Real Estate Subdivisions category of listings? Taking a closer look at the next generation of townhome and condo units reveals that higher-end, newer inventory is plentiful in Boulder.

Among them: Boulder Landmark Lofts, which are brand new and centrally located for easy, breezy access to the CU campus, the 29th Street Mall, and Chautauqua.

Also near the top of the list: The Walnut, and 1505 Pearl—somewhat reminiscent of the Broadway Brownstones just up the street, in Boulder’s downtown district.

For something not that completely different, most of the listings in Dakota Ridge Village are large townhomes along the edge of single family home clusters at the north end of town, where highway 36 and Broadway meet.

And then there are the Off Broadway Work/Live Lofts at 4645 N Broadway, not far from Dakota Ridge, in NoBo. These spiffy units compose Boulder’s only work/live property, offering a mixed-use setting with built-in residential real estate.

Whether it’s for part-time resident use, student living, first-time buyer, or starter family living, today’s condo and townhome market in Boulder is beyond a viable option for all kinds of home buyers.

Multiple outdoor spaces, custom high-end finishes, and parking are available in one of Boulder’s best locations at 1201 High Street. From the Boulder MLS:

New and Spacious loft style townhome in central Boulder. South facing, urban loft style design featuring an open floor plan, exposed brick, 11′ ceilings, wood and tile floors, cherry cabinets, granite and tile countertops and high quality fixtures throughout the unit. South facing ground level patio, south facing 2nd floor deck with fabulous views of the Flatirons. Walk to everything! ! Centrally located between downtown and Community Plaza shopping center.

Currently available High Street Loft listings range in size from 1,880 to 2,087 square feet, with pricing at $1.1 and $1.2 million respectively.

You may already be familiar with this space if you ever visited the old Broadway Vision optometry office that once occupied this space before moving over to 30th Street.

To schedule a private showing, call (303) 543-3083 or (800) 231-9153.

Priced from $528K to $1.4 million, the 1505 Pearl condos deliver classic amenities with an environmentally conscious baseline, all in a great location. Coburn Development (Developer) focused on the use of renewable resources and energy efficiency throughout construction, heightening indoor air quality and water conservation. 1505 Pearl is a secure elevator building, with underground parking, hardwood floors, and natural stones.

Priced from approximately $480 per square foot, up through $814 per square foot, 1505 Pearl provides various floorplans, views, and living styles. For more information on this new development in the heart of Boulder Colorado, contact us today at 800-231-9153.

Visit us on real estate blog directory. Listing agent: Julie Meko, 303-441-5691