Listing Review: 1855 E Noble Place – New Record in the Neighborhoood?!?

August 8, 2017
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With one of the largest lots in Broadway Estates, this home is priced to become the highest (potential) sale in history for a ranch-style home in the neighborhood!

The interior and exterior have been very well maintained over the years and this ranch is larger than the average in the area.

The garage/workshop addition and RV parking are a dream for the right buyer, but for the size of the lot, the amount of usable yard is fairly minimal for those drawn to having more outdoor space for living/play. The interior finishes may also not be quite in line with the asking price of the home in my opinion.

While I don’t discount the amount of work put into this home (landscaping, updates, workshop, etc) and the most notable factor of the large lot, I do believe the asking price of $599k is slightly high. The home was under contract within days of hitting the market, so undoubtedly there are buyers who see the value in the specific amenities this home has to offer. However, being a family type of neighborhood and with school starting up in the coming weeks, the buyer pool may diminish slightly, which I believe may result in a final sale price in the $560k – $570k range.

Overall a very unique property in the neighborhood.

This property is Listed by Brokers Guild-Cherry Creek Ltd.