Recently Sold In Broadway Estates: 6676 S Lincoln St

Surprising to me, this home sold for more than $17k over list price. 

It did have some nice updates to the kitchen and one of the main floor bedrooms had been turned into a master bath, which is desirable to many buyers.

However, with the basement unfinished, this home only has 1,276 square feet of finished space, which when broken down to a price per square foot basis, is far above the norm in Broadway Estates – especially where this home is situated on the west side of the neighborhood close to Arapahoe and Broadway.

This was a cash sale, so no appraisal was required, but had it been financed, I feel that an appraiser may have been hard pressed to find comps to fully support the agreed upon price.

This is further evidence of the minimal inventory in our area driving up prices. This sale will certainly bolster home values in the neighborhood.

This property is Listed by MB CHERRY TREE PROPERTIES INC.