Louisville Colorado Homes for Sale

Neighborhood Spotlight: Louisville

My family and I have called Louisville, CO home for the past 12 yrs and love it. My wife is very active in the community and I felt she’d be able to provide a different perspective than mine that generally just concentrates on the real estate side of things. Here’s her take on our hometown just outside Boulder:

My husband recently asked me to reflect on why Louisville is such a great town to live in and be a mom. Without hesitation I would say it is the schools, our community, and location.
Two weeks ago the PTO at our children’s school, Fireside Elementary, sent home a free T-shirt with every child for the upcoming jog-athon. The next morning I found my children dressed in their jog-athon shirts ready to head out the door at 7:20 AM to start raising money for their school. After convincing them it was a bit too early and waiting 30 minutes, my 10 and 7 year olds went to neighbors throughout our community to ask for donations in support of their school. Within one hour they had raised $100! They also set up a lemonade stand and raised another $80. We even had three police officers that stopped to say hello and to support the kids. My daughter recognized “Officer Joe” by name as he had been to her school just in the past week to introduce himself as a new officer within our community. The students at Fireside raised over $50,000 for the PTO. The community support of our school was very impressive.

Within Louisville we have a dedicated Facebook page for residence called the “oh oh two seven”. On a daily basis you hear about random acts of kindness, helpful tips from neighbors, and community information. Residents of Louisville are consistently looking out for each other. I feel fortunate to have such an amazing community that warns me about rattlesnakes on a certain trail in town or suspicious activity; as well as, sharing contacts for plumbers, information on upcoming event, etc.

Another example of the wonderful community I am a part of is my babysitting coop. The Bebop Co-op was originally formed in the 1970s by a group of moms that decided to exchange childcare with each other. Here we are 40+ years later and this coop is still running strong. We have even had a member who was once a child in the coop and is now a member with children of her own. The saying “it takes a village” is very true and these other moms are my Louisville village.

Last but not least, I definitely love the location of Louisville! Being a Colorado native, and having never lived out of the state of Colorado, I would have to say that Louisville is my favorite place to have ever lived. I love being so close to the foothills in Boulder but also being only a 20 minute drive to Denver. We are fortunate to back to open space in Louisville with a pack of coyotes and a nest of owls just outside our windows. It feels like at least once a week during the summer we end our evenings with a full rainbow out our back door or a beautiful blue and orange sunset over the mountains.

Louisville is a beautiful place to live and I am fortunate that our family calls it home.

Just Sold: Off-Market Louisville Home For Sale

Address: 340 Monarch St, Louisville CO 80027

Recently I operated at a Transactional Broker between both Buyer clients of mine, as well Seller clients on a single family home for sale in Louisville.

The active inventory of Louisville homes for sale is extremely low. Transactions like this are rare; however, I worked with the Sellers 10 yrs ago to buy this home for investment purposes. Working with a top performing seasoned Realtor increases your chances of finding opportunities like this one. Reach out below if you’re interested in the Louisville real estate market. I’ve personally lived in Louisville over 10 yrs and have many local connections that can be a benefit for you in your search.

Just Sold: Louisville Ranch 50k Over Asking Price!!!

Just Sold: Ranch, Louisville CO 80027

List Price: 495k

Sold Price: 545k

You read that correctly: $50,000 over asking price!! Marketed correctly, Sellers received 50k over their asking price and are able to stay in the home for a period of time after closing (this scenario allows Sellers the time to buy another property without going into a short term rental). Louisville real estate for sale doesn’t stay on the market long, make sure to work with an experienced agent who will sell your home for top $$ though…or who will put you in contention when buying.

Beautifully maintained & updated ranch home that shows true pride of ownership! Open and bright floor plan flows directly out onto the new large deck providing true indoor/outdoor living. The backyard is a peaceful oasis with a low maintenance perennial garden & natural landscaping that seamlessly incorporates the newest addition to the property; a detached climate controlled office/studio! This space is ideal for anyone who works from home or wants that dedicated place for an artist studio or year-round workshop! Additional features include a Viking gas stove, large master bedroom w/lovely bath, huge laundry/pantry/mud room, a huge crawl space for additional storage, updated windows & a Class 4 roof that provides a sizable insurance discount! Ideally located at the end of a cul-de-sac and near Louisville’s charming historic downtown, trails and public transit. Also Coal Creek Elementary school is a short walk. This home is a must see and won’t last long!

Just Listed: Louisville Real Estate For Sale

Just Listed: 254 S Polk Ave, Louisville, CO 80027

List Price: 420k

Louisville real estate for sale has been hard to find recently.  There is a severe shortage of Louisville homes for sale, and demand for Louisville real estate is at all time highs.  What’s the appeal with Louisville many ask?  For starters, publications like Money Magazine have ranked Louisville in the top 5 Best Small Towns in America for at least 5 yrs now.  I have a hard time keeping track, but Louisville has received the #1 spot on this list 2 of the last 5 yrs.  In the summer months, starting tomorrow night, the Louisville Street Faire is a huge  draw (last years crowds were averaging 5,000 people each Friday evening).  The historic main street area of Louisville, often referred to as Old Town Louisville, has many locally owned restaurants, boutiques, and bars/micro breweries.  Commuters enjoy being close to both Boulder and Denver for work, and the mountains are only 10 mins to the west for all the outdoor activities Louisville residents love.

My latest Louisville home for sale is a 3b/2b 1370 sq ft tri-level, only a few blocks from top performing Fireside Elementary.  Updates include a brand new kitchen with white quartz counter tops,  new stainless steel appliances, and all new cabinets.  Other updates include new windows, new sliding doors to the large backyard, and a radon mitigation system.  Check out the photos and let me know if you’d like to see one of the rare Louisville homes for sale.

 

New Life For Vacant Louisville Sam’s Club

Louisville Sam's Club

Located on South McCaslin Boulevard, right off West Cherry Street, you may have learned to look past the 129,000 square foot building that has been vacant for the past four years. However, you may want to look again because this former Sam’s Club is about to find new life.

Earlier this year we have seen spurts of activity in this building—housing AmeriCorps members for flood-relief projects in November and hosting a Colorado Department of Transportation meeting for one night on February 13th to discuss the U.S. 36 contract. But now the building is in search of a new, more permanent, tenant.

Local investors Seminole Land Holding Inc. and Centennial Valley Investment LLC purchased the vacant Louisville Sam’s Club, one of the largest retail parcels in town, for $3.65 million at the beginning of February for retail use, which would be excellent for the city of Louisville’s finances.

As of now, there are no specific plans for the building, and until a tenant moves into the vacant Sam’s Club, Ascent Community Church will act as the month-to-month interim tenant beginning April 6th where they will use a small piece of the space, 20,000 square feet, for worship (having previously held services at the Omni Interlocken Resort).

Ascent Community Church started in December 2013, so this is a win-win situation for the church and Centennial Valley Investment LLC and Seminole Land Holding Inc. while each figure out a more permanent situation.

Ascent will begin posting signage in March about their new Sunday service plans.

A new retail space and a growing community make Louisville, Colorado an even more appealing place to live. Contact me, Brian MacMillan, for apartments and homes available in Louisville today!

Louisville MLS: Home Sales & Trends in Louisville, CO Real Estate

louisville mlsLouisville, Colorado is a suburb of Boulder with a unique distinction: it was named as the #1 spot to live in the U.S. on Money magazine’s “100 best places to live in America” list, twice over. Originally a rough and ready 19th century mining town seared by violent conflict, Louisville is now a sophisticated locale housing important high tech companies. Some of these are related to the space industry. Real estate in Louisville is a vigorous market, too – the city is a boomtown when it comes to home sales and home prices.

Though the volume of sales is fairly low given that the township only houses 18,000 people, this is a good spot to buy. The strong increases in home sales and prices is likely to continue into the future, augmenting the value of your investment as the months and years go by. With a lively local economy and ready access to Boulder, Louisville is a good place to live for the skilled and educated.

Louisville MLS Home Sales: Trends This Year

Louisville is not just America’s best place to live, it is also one of the best places to buy real estate right now, too. There are very few communities that can match its 94.1% growth in home sales, for example. Though the amount of sales is in the low hundreds rather than the thousands, the signs are unmistakable. This is a place where homes are highly desired and prices are likely to keep rising.

Home prices confirm these home sales trends, too. The median sales price in the summer of 2012 is $385,000, which is $55,000 higher than the summer of 2011. That represents a 16.8% rise in prices over just one year. Imagine how your home equity will mushroom with that kind of property value growth in the town. Even if the growth eventually slows, it will remain far above state and national averages, making your house a great investment in your future.

What Kind of Homes are Selling in Louisville?

Louisville is overwhelming a place for getting a single family home. 86.7% of the homes sold in Louisville are houses of this type. Condos make up only 8.7% of the market. If you’re looking for a condominium, you will find a better selection elsewhere. However, if you’re looking for a house of your own, this is definitely a great spot to search.

2 bedroom houses are experiencing the strongest price increases, while 4+ bedroom houses show falling prices. The median value of owner-occupied housing units is $237,200 in mid 2012.

The city is an attractive place to live in several other ways, too. You can feel safe walking down the sidewalk or heading to work, since violent crime is two thirds less than Colorado’s already low overall rates. All measures of income are above average for the state. Even property crimes are lower than average, including for the county itself. Louisville, in short, is a peaceful place with great potential property value increases as the region continues to grow.

Getting a Home in Louisville, Colorado

Buying a house in Louisville, Colorado is investing in one of America’s best cities – a place with forward-looking industries, low crime, and a strong housing market. If you later decide to sell your house and move on, the high property value growth means that you’ll realize plenty of profit on your expanding home equity. Moving a house should be no problem in such a desirable, high profile location, either. In the meantime, you can enjoy the mildly warm climate, the safe streets, and the many job opportunities to be found in this former mining town.

Old Town Louisville: Real Estate Guide

old louisville innConsistently found on “best places to live in the U.S.” lists, Old Town Louisville is charming, affordable, convenient & a paradise for the outdoorsy.

Louisville, Colorado, is a fantastic town, just ask CNN Money–they named it the number one best place to live in the country in 2011.

Old Town Louisville represents the historical heart of the city, offering plenty to learn from in the way of museums, historical markers, and antique charm.

If you’d like to live in one of the best places in the entirety of the United States, think about making your way to Old Town Louisville.

Old Town Louisville Overview

So why is Louisville such a great place to live?

For one, employment is sky high, with opportunities in technology, aerospace, telecom, and alternative energy. For another thing, the crime rate is among the lowest in the entire state. In Louisville, there is no limit to the outdoor activities open to you–hiking, biking, jogging, climbing, fishing, and nearly anything you can think of is available for lovers of the outdoors.

And the best part? Old town.

Old Town Louisville is an exceptionally charming neighborhood. This is where the city laid its roots over 100 years ago. There are old mines and taverns that are as kitschy as they are genuinely wonderful. A lot of old mining cabins are being renovated today, too, making an eclectic collection of homes available to new residents.

Market Trends in Old Town Louisville

Compared to the Boulder and Denver areas, Louisville is a rather affordable place to live. The median sales price for a house during the last quarter was $417,000 and the average listing price was $451,000. This shows that the mobility of the price range is fairly average, and can move south a good deal.

As of right now, everything about the value of Old Town Louisville homes is going up: average, median, and square foot prices are on the rise, and have been for a while now. If you buy now, this means that your home will continue to increase in value, at least for the foreseeable future.

There are also currently 34 houses in the area that have been foreclosed or set up for auction, making this a good time to get in there and find a new home.

If you’d like to live in the country’s most livable city, you can’t do any better than Old Town Louisville.

I am a Denver/Boulder area real estate agent. For more information on Louisville’s real estate market, or homes in the greater Denver/Boulder area, please feel free to contact me.

 

January & February 2012 Louisville Market Update

Louisville Real Estate saw an increase in sales volume, as well average price and median price in Jan/Feb 2012. The number of residential homes that sold during Jan/Feb was 20, vs 18 during the same time last yr. Total sales volume increase by over 2 million, a great sign that our local market continues to move in the right direction.

If you live in Louisville, you might have just received my “Backyard” postcard in the mail. The photo on the front was taken from my own backyard in Louisville, reinforcing the fact that I am a local expert with a strong desire to keep our community appreciating in value.

The postcard mentioned above also has a very aggressive guarantee/program that I just released: I’ll sell your home in 29 Days, or I’ll sell it for FREE!  For more info on this program, please Contact Me.  The market is heating up quicker than normal this season, maybe the 80 degree March weather is responsible?  Regardless, now is a great time to sell with inventory low and a good amount of Buyers looking for Louisville housing options!

If you’re interested in Louisville Real Estate for sale, please continue to follow this blog.  I’ll have monthly market updates, community events, and local companies offering great deals.

Thanks for reading–

 

Brian MacMillan

Louisville, Colorado: America’s Best Small Town (Once Again)

Louisville, Colorado has once again won the top spot in America’s Best Small Town category.  This is the second time in 3 years this old mining town outside Boulder, Colorado has won the honors from Money Magazine!  Criteria used were strength of schools, very low crime rates, weather (300 days of sunshine), low unemployment numbers, job growth, and location.

Some of the changes that have taken place in Louisville over the past few yrs include:

The old post office in old town has gone through a complete renovation, it now houses Lucky Pie and Sweet Cow.  The old automotive shop a few doors down on the corner of Main & Pine also went through a complete renovation, it now houses LuLu’s BBQ & the Cactus Wheel.  Just down Main St is Rex, they renovated this year and added a rooftop deck.  Empire has been on Main St for awhile now, they replaced Pasquinis.  All are great additions that have been extremely busy since opening.

One of the largest draws to Louisville during the summer is the free Street Faire.  Hundreds came out during the Friday evenings this summer.  They had a climbing wall for kids, jumpy castles/slides/face painting and many booths of local vendors.

Louisville Real Estate has done well over the past few years, especially compared to the rest of the country.  This summer homes have been going under contract in a matter of days.  Currently, the inventory is starting to build again with school going back into session, which means it is a great time to buy if you’re thinking about Louisville Real Estate for sale.  Interest rates are also currently below 4%!  Contact me with any questions or to get out and see what is currently available.

Brian MacMillan

 

ConocoPhillips asking City of Louisville for Building Plans Extension/New Tennis Facility

Last year ConocoPhillips pushed back phase one completion until 2013 of their research and global training center just off HWY 36 in Louisville.  This month they are asking the City of Louisville for another year extension, but this extension is for their final building plans to be submitted for review.

Check out this article just released from the Daily Camera discussing ConocoPhillip’s new request.

Another new Louisville project that I’m personally excited about is the construction of Colorado’s largest tennis facility just one mile north of the Conoco campus.  Check out their plans for development that include 21 indoor and outdoor tennis courts, a fitness center, pool, daycare, spa, etc.  If they decide to add platform tennis courts, I might just live over there.

Lots of new growth forecasted for the Louisville area over the years.  With the economy being a little sluggish of late, development plans are moving slowly, but I’m a big fan of Louisville and know others see it the same way.

As always, feel free to use my home search feature to see Louisville, CO homes for sale, and surrounding areas.

Brian MacMillan