Welcome To The Buzz
The big news for the prior quarter was the builder completing the final house in the Trails At Coal Creek subdivision. Which I completely get. Holy cow, we listened to hammering and sawing and dirt moving for ages. Even worse for me – I lived another community over — in Whispering Meadows — when construction started at TACC.
So I also heard/watched as the field was transformed into a construction site and the infrastructure was installed and then houses were built.
But, regardless of when you decided to call the Trails at Coal Creek home, the big news is that the builder finally finished building new construction homes and shortly there will only be resale properties for sale. I’m not a 100% certain, but I don’t think we’ve crossed that threshold yet wherein there are no brand new never lived in houses for sale in the community.
Spoiler Alert: the 2020 Trails at Coal Creek Garage Sale is tentatively set for Saturday May 9th.
This newsletter will update every ninety days with a combination of the latest news and most up to date pricing data for the community. So be sure to check back often for the most recent posts. Or you can always contact me for a specific property. Over my two and half decade career, I’ve helped numerous home buyers and home selling clients just like you.
Trails at Coal Creek Homes Quarterly Update
The fourth quarter of 2019 saw seven home sales in The Trails At Coal Creek homes subdivision. Most of these sales were – no surprise – by the home builder. Meritage accounted for six of the seven 4th quarter sales in the Trails At Coal Creek subdivision last Fall. Here’s a breakdown of the sales’ data:
Resale Home Sells For Less
For me this was the first stat to jump off the page. But, it needs to be taken in context. The first six home sales represent builder transactions. There was a base price reflecting the location, model and lot size of the house. Probably also any design center upgrades pre-selected by the builder’s team. And then there would have been buyer selected upgrades. This is one of the neat features of purchasing a new home, you can select upgrades as you go.
Meritage Homes had a super pretty Design Center. I was there. I can honestly admit, it was difficult to stay on point. There was just a plethora of neat options for each house. By contrast, the last property in the table above, 634 Stage Station was a resale. The house was listed at the highest possible outcome price and then sold for market value. Or, in other words, it is totally normal that the house sold for less than full price.
That table is pretty tiny on a computer and likely miniature on your cellular phone. So check out the data here with pictures and more. This is a listing of all transactions for the past year.
What Sets This Community Apart
Great Facebook community page run by three Go-Getters. You can find all sorts of great information on the community page. New owners are always asking questions of the community – sort of an organic FAQ. There is a great social scene too. Over the holidays, if you spotted a pink Flamingo in the yard of a neighbor, it was a low tech code alerting you to an upcoming cocktail hour. Good fun!
This neighborhood also abuts Coal Creek Trail. It’s common to see parents cycling to school with their children — Ryan Elementary is just around the corner. Weekends the path really comes alive with activity. I appreciate it because it makes for good cycling fun.
Check back for updates. I know my next quarterly update will be filled with resale information. Even as I’m writing this blog, there are three homes for sale in The Trails At Coal Creek – two under contract and a third active as of today. Give me a shout to set a showing on any active property or to discuss your home selling needs. ~ Bob
You Might Also Want To See
Visit https://Homes.BoulderRealEstateNews.com/i/Trails-At-Coal-Creek-Ires-Sold to see all homes sold in the community for the prior 365 days. This webpage updates automatically. Plus read about the Coal Creek Trail – it has so much to offer all year long. Or search for homes for sale in Lafayette with this comprehensive search page! Or read about the newest commercial construction near our neighborhood: 1050 S Boulder Road’s newest medical facility.