Kim Hullett-Newlands - October 2021

PorchLight Real Estate Group 2500 Broadway Boulder, CO 80304 Each Office Independently Owned and Operated.

NEWL ANDS

NEIGHBORHOOD October 2021 Real Estate Market Report

303.748.3336

kimhullett@porchlightgroup.com

REALTOR®, Broker | PorchLight Real Estate Group

S ER V IC ES YO U’LL LOV E Selling Preparation Consultation Photography/Drone/Video Knowledge of Newlands Local and Global Exposure Marketing Strategy Expert Negotiating Skills

JONATHAN AND ANGELA-MARIE, Are you thinking of selling? Kim would love to provide a luxury experience and exceptional results to help you achieve your real estate goals.

CALL OR TEXT KIM TODAY!

303.748.3336

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

PRESENTED BY KIM HULLETT YOUR NEWL ANDS NEIGHBORHOOD REALTOR ®

&

NEIGHBOR

www.NewlandsNeighborhoodHomes.com

ATTN:

NEWLANDS HOMEOWNERS

I HAVE BUYERS! Up to $5M, move-in ready Newlands 4+beds

303.748.3336

For more information, or if you are thinking about selling, call or text Kim today to get the conversation started.

kimhullett@porchlightgroup.com

EXPERIENCE AND NEIGHBORHOOD KNOWLEDGE ARE CRITICAL IN THIS EVER-CHANGING MARKET Working With An Expert Newlands Agent Will Help You Avoid Costly Mistakes Although the market is beginning to change, homeowners are still selling for over asking price, quickly, and with bidding wars. You might be under the impression that hiring a REALTOR® is a waste of time and money. However, in order to beat other offers, buyers are resorting to treacherous tactics to eliminate delays.

NEWLANDS MARKET REPORT Newlands Homes Currently Listed Status

Street Name

Beds

Baths

Approximate Sq. Ft.*

Year Built

List Price

Active

8th Street

5

2

2,400

1948

$1,395,000

Active

Hawthorn Avenue

5

4

4,000

1957

$2,795,000

Active

5th Street

5

6

4,600

2017

$2,875,000

Active

Alpine Avenue

6

5

5,300

1953

$3,185,000

Active

8th Street

5

4

4,800

2000

$3,295,000

Active

5th Street

4

4

3,700

2021

$3,300,000

Active

Juniper Avenue

5

5

5,400

1993

$4,500,000

There is 1 home currently taking back-up offers in Newlands.

WAIVING HOME INSPECTIONS This might seem like a great idea to save time and money and potentially sneak through smaller issues the buyer may not notice. This could cause unforeseen speed bumps, leading to a loss in time and money.

WAIVING APPRAISAL CONTINGENCY More homebuyers are waiving the appraisal contingency to make their offer more attractive.

While cash offers aren’t affected by this, there could be huge repercussions with buyers looking to finance their purchase.

THE RACE TO CLOSE Buyers want their deal to close as quickly as possible to beat out other potentially higher offers. A race to the finish line could impact your post-sale timeline.

As an experienced REALTOR®, Kim know how dangerous these pitfalls are, and her experience can help prevent costly mistakes. Her goal is to help you maximize the selling price of your Newlands home as well as ensure your transaction is the safest and most secure possible.

Jonathan and Angela-Marie, If you’ve been thinking of selling in this historic market and want to know more about how Kim can help you navigate through these challenges, call or text her today at 303.748.3336 to make your home sale a success!

OCTOBER 2021

For more information on any listings, please call Kim today at 303.748.3336.

Newlands Homes Recently Sold Baths

Approximate Sq. Ft.*

3

2

2,800

5

5

5,900

5

7

4,600

6

9

6,600

4

3

1,500

3087 7th Street

3

3

2,700

625 Iris Avenue

5

5

5,000

3

3

2,200

$2,000,000

$1,850,000

07/15/21

55

4

4

4,100

$2,200,000

$1,975,000

07/14/21

35

4

4,000

$2,895,000

$2,772,500

07/14/21

91

Status

Address

Beds

Sold

3390 4th Street

Sold

510 Hawthorn Avenue

Sold

999 Cedar Avenue

Sold

3240 6th Street

Sold

3090 8th Street

Sold Sold Sold

3236 8th Street

Sold

3075 7th Street

Sold

500 Iris Avenue

5

Sold Price

Sold Date

Days on Market

$1,250,000

$1,250,000

09/02/21

42

$4,925,000

$4,925,000

08/31/21

2

$2,400,000

$2,397,500

08/26/21

31

$2,550,000

$2,350,000

08/25/21

181

$1,249,000

$1,125,000

08/06/21

37

$1,749,000

$1,700,800

07/28/21

58

$4,200,000

$4,200,000

07/26/21

1

List Price

Kim Hullett and PorchLight Realty are not in any way affiliated with Newlands Owners Association, nor is this in any way an official advertisement or publication of Newlands. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between July 14th, 2021 and September 7th, 2021. Listings and sales may not be those of PorchLight Realty. The IRES MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Approximate square feet has been rounded to the nearest hundred. For full details, call Kim today at 303.748.3336.

DO YOU KNOW YOUR HOME'S TRUE VALUE? JONATHAN AND ANGELA-MARIE, If you are thinking about selling your home before the year ends, call Kim today for a fast and accurate home assessment, or visit her online today at:

www.NewlandsNeighborhoodHomes.com