Peloton Selling Well, New Boulder Restaurants Part of the Package
Sounds like things are still moving along for The Peloton Boulder. It’s one of Boulders largest and well known new developments.
There have been 22 sales since the January 2010 this year. Seems that homes at The Peloton are selling quickly and there are some good values at the Peloton as prices have actually come down a bit in recent times. This development is one of many options in searching for Boulder condos and developments, but they are all very different, so let’s talk and explore the options.
The last 3-bedroom and 1-bedroom homes which were available are now sold, and they say a great selection of Lofts+ and 2-bedroom homes still remain available for now.
I have some buyers coming in to town in a couple weeks, and we’ll be looking at several condos and developments around town, but the Peloton is definitely on the list.
The Hub Condos New Boulder Condos With Views
There are some new Boulder Condos, and they are called The Hub Condos.
You might know this development as an apartment complex, but now they’ve gone condo and you can buy one of these condos for yourself today!
This is an awesome location, with great views, and lots of amenities.
The Hub is right next door to The Dairy Center For the Arts, a Boulder institution that originally started out as a milk processing and distribution center for decades.
The Dairy Center for the Arts is a nonprofit cultural arts organization founded in 1992, and one of the only places in Boulder, Colorado, where the community can experience dramatic theater, comedy, live music, dance performances and visual arts under one roof. The Dairy is home to more than a dozen resident arts organizations, providing residents with arts-related classes and opportunities.
This is a wonderful location, and a great opportunity for those people interested in a centrally located condominium purchase in Boulder. I remember the Watts Hardy antique dairy truck kept in the adjacent park for many years. A nice touch of Boulder history.
The Boulder Peloton Amenities, Benefits, and Fees
The Boulder Peloton condos come with many amenities that other developments don’t include. Does that come with a higher price? Perhaps so, but we need to evaluate if the fees are reasonable relative to the services provided.
Many Boulder condos, even fairly old ones, come with a condo fee in excess of $200 and sometimes even over $250 with very little in the way of services and amenities.
That’s sometimes just what it takes to cover basic needs like trash, snow removal, a fund for capital improvements and insurance.
The Peloton comes with a large number of additional or ‘unique’ services, and they structure the fees around the size of the home at the project. I have the formula here, and a run down on the list of things you get for you to review.
Boulder Condos At One Penn Place
There seems to still be a wide variety of Boulder condos around town, including still many new Boulder condo developments. One Penn Place is something that’s been on and off my radar recently.
I had a recent call from someone in Los Angeles who seemed to be keyed into the local Boulder condo market and he has a lot to say, as well as many questions about projects around town including The Walnut (which he thought was ‘unimaginative’… I disagree), The Peloton (which he said was ‘too far away from the center of town’… debatable but The Peloton has features no other project has in Boulder), Landmark Lofts (which he and I agree is essentially an overpriced ‘student housing’ project due to it’s location)… and then there’s One Penn Place.
In my mind the jury’s still out on One Penn Place. One thing I like is the green building implementation I read about recently. This project from Hudson Construction has low-VOC paint, recycled carpet material, high efficient furnaces and hot water heaters, and photo voltaic solar systems available for the top-level units.
Boulder Peloton Condos Prices Drop
I’ve been prowling around Boulder lately working on my new neighborhood guide, touring various neighborhoods and little corners of the community watching the Boulder real estate market for signs of change. The Boulder Peloton condos are responding to one of the market changes.
Most locals that listen to the regional market news are optimistic about Boulder real estate, noticing that while the national news reports tragic downturns in many real estate markets, and yes we do see that the Boulder condo market has been a little soft for a while, since about November of 2008, Boulder County’s real estate market has been on the upswing.
If you’ve been reading my blog, you know that already.
Well, there’s some interesting news about what’s going on in a part of the Boulder condo market. Read more
