by Rob Kelly, LRA Owner & Managing Broker
Thanks to our state's rich and colorful history of ranching, farming and mining, coupled with a mild climate and burning desire to preserve our Colorado history, we are flush with older, well kept homes. In today's real estate market, many home buyers find these homes quite desirable. One does not have to look too far from LRA's own office in Old Town Louisville to see the charm of miner's cabins, some which date as far back at the 1890s.
Some of these vintage homes have been elegantly remodeled and some still appear to have much of their original home in tact. When we preview older homes in Old Town Louisville, Superior, Lafayette or Boulder, we often notice that such homes sell for 25% to 50% more than a similarly sized, newer homes located in more recently built subdivisions. A well maintained, attractive vintage homes seem to do quite well at fetching a higher price. This Old Town Louisville home pictured below was built in 1910 and is beautifully remodeled inside.
According to Realty Times, "Homes that have been well-maintained, regardless of age, are desirable. When you look for an older home, consider the advantages. The neighborhood is established, so what you see is what you get. An older home might work best for a decorating style you love, like mid-century modern."
Here are some tips to helping you find a vintage home and figuring out if it is something for you and your family:
- Use MLS Features to Search Online - if you want to specifically search for a vintage home in the Boulder area, start here and for the Denver are start here. Once you select the price range, city and other criteria, then scan the details of the property for the age of the home
- Understand Colorado's Architectural Style - to locate vintage homes be sure to learn the categories of architecture including Art Deco, Bungalow, Colonial, American Foursquare, Pueblo Revival, and others. I've included an article below that goes into much more detail.
- Browse Old Surveys - take advantage of online search tools, which allow you to view and purchase surveys of properties dating back to the last century and earlier. A good one to start with is Colorado Professional Land Surveyors, allowing you to search their archives.
- Historic Homes in Louisville - if you are curious about the homes in Old Town Louisville, which may have an historic designation, you can find information and surveys about those homes here. In an effort to maintain a library of historical and architectural information on Louisville, the City commissioned historic building surveys for a portion of Old Town and have made those surveys available to the public. Learn more about the City's historic landmark designation here.
I've included several other articles for you to browse and learn more about the advantages of purchasing an older home.
If you would like to see housing data for Boulder County, there are plenty of statistics to check out in such as "Days on Market", "Total Inventory" and "Newly Listed Homes". We track all these market statistics for Single Family Homes (SFH) for most of neighboring towns on a monthly basis, including Louisville, Erie, Lafayette and Superior. Check out latest market statistics here. At Louisville Realty Associates, we have the experience, energy and depth of knowledge to help you list your home for the best price. You can reach us anytime at firstname.lastname@example.org.