303.818.4055 Neil@KearneyRealty.com

5491 Omaha Place – Boulder, CO 80303

by | May 22, 2007 | Uncategorized

 

5491 Omaha Place – Boulder, CO 80303
 
$549,900
 

I'd like to tell you about a fantastic listing of mine in East Boulder. It is a single family home with views of farmland and just 1 block away from the East Boulder Recreation Center. The home itself is an updated 4 bedroom, 3 bath home with a finished basement. Walls have been removed from the main level, leaving a totally open floor plan with kitchen living and dining areas under the vaulted ceilings. There are three bedrooms and two bathrooms on the upper level and 1 bedroom, 1 bath and a cozy family room with fireplace 1/2 level below. The basement features two storage areas and a large, bright rec-room. In all it has over 2,800 finished square feet.

 

In addition to its proximity to the rec center, it is a short walk to the East Boulder Trail, Manhattan Middle School and the bus stop for Eisenhower Elementary. Please call for more information or to set a private showing of this quality home.

 

 

664 South Peak Drive – Price Reduction –

by | Apr 30, 2007 | Uncategorized

– 664 South Peak Drive – Price Reduction –

The price on my beautiful listing at 664 South Peak Drive has just been reduced $50,000 to $399,000! This home is located on Sugarloaf Mountain just 10 miles west of Boulder. The views are incredible and stretch from DIA to the east to the Continental Divide to the west. The home has two bedrooms, two bathrooms and two studies. It was designed by renowned Boulder architect Charles Haerterling and has been lovingly maintained by the original owners. Check out its website at http://www.664southpeak.com/.

 

 

 

 

Colorado Foreclosures Not As High As Reported

by | Mar 7, 2007 | Uncategorized

 

Ranking Overstates Colorado Foreclosures

 

Over the past year or so the Colorado Division of Housing was feeling that Colorado’s ranking as the state with the highest foreclosure rate was overstated. In response to this “feeling” they compiled their own statistics from each Colorado county and compared that to the numbers reported by RealtyTrac a national company that tracks and markets foreclosed properties. The results were recently compiled and the Colorado Division of Housing reported that the number of foreclosed properties in the state, 28,435 was about half of what was reported by RealtyTrac. This computes to one foreclosure for every 58 households. RealtyTrac had reported that Colorado had a nations worst,one foreclosure for every 33 households. The discrepancy most likely came as a result of how Colorado has a transparent three-tiered process for foreclosures. While this is better news and will probably put Colorado out of the top ten, the state still has not seen this many lost homes since the late 1980’s.

 

 

Of the 11 Denver Metro Counties Boulder had the fewest foreclosures with one foreclosure in every 144 households. The county which has been hardest hit in our area is Adams County with one of every 32 households affected.
Maybe RealtyTrac can use this data and figure out where their system has broken down. I’d sure like to see more good news in the media about real estate.

 

Supersize It – Houses in Boulder County are Getting Larger

by | Feb 20, 2007 | Uncategorized

Supersize It –
Houses in Boulder County are Getting Larger

According to a recent Boulder Daily Camera article “the average size of new homes permitted in the county has nearly doubled, from 3,627 square feet in 2002 to 6,290 square feet last year. ” In Boulder county we are seeing large homes being built mainly in the suburban plains, the mountains and infill in the City of Boulder. Many residents are complaining about the large homes. The complaints center around two main themes; the McMansions consume too many resources and the large homes are ruining the character of the neighborhood.

Boulder is a very ecological aware community. A segment of the population is always trying to save energy, recycle etc. They feel that huge homes waste energy and the commissioners should not condone the waste. The people who build the large homes say that they are the ones who pay the costs of having a large home so they are penalized enough. So far the private property rights have prevailed. During 2005 – 2006 40% of new homes were between 5,000 and 10,000 square feet. In fact the average size of a new home built between 2000 and 2006 in Boulder County was just over 5,000 square feet. Compare that to just over 2,000 square feet in the 1970’s.

One area that is a prime example for neighborhood change is the Newlands in North Boulder. During the past ten years many of the small traditional bungalows have been replaced by very large homes that in many cases fill most of the land on the lot. The Boulder County Land Use Department states that the average magnitude increase in the size of new homes over the ones they replace in all of Boulder County is 2.6. That translates into a new home that is 3,041 square feet larger than the old house!