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The Northend of Boise is an interesting place to figure pricing for. The demand remains strong and active for the right property and price. Here's a perspective I've assembled.
My point of view looks like this. I want a northend home that has at a minimum: - THREE BEDrooms
- TWO BATHrooms
- Priced between $200,000 and $300,000.
Below is a market summary of recent action (listings active, sold since 1/1/2008 and pending). I've included lot size, sq/ft, and garage (life stylers love a garage for skis, kayaks and bikes). Naturally, the smaller the home the higher the price per foot. The further away from the core, the harder to sell. The market seems to reward those properties that hit the lifestyler button that includes the right location and a garage. The home can't be too small though. So where is the sweet spot for those properties that don't quite make the perfect lifestyler pad? Let me show you. If we take out 1414 N 14th St from the sold mix, and the fixer on 36th St, the average sold price per foot falls to $138.39. So the range is $135 - $145 per foot. If we look at what's pending, that number might even be lower or on a lowering trend. Summary Report Active Listings | 2217 Harrison Blvd | 0.10 | 0 | $215,000 | | 1100 | 62 | $215,000 | $195.45 | | | | 2805 N 32nd St | 0.22 | 0 | $224,900 | | 1417 | 99 | $224,900 | $158.72 | | | | 3117 W Smith Ave. | 0.18 | 2 | $224,900 | | 1860 | 58 | $224,900 | $120.91 | | | | 2116 W Madison Avenue | 0.14 | 1 | $225,000 | | 1494 | 94 | $225,000 | $150.60 | | | | 1908 N 15th | 0.20 | 0 | $229,000 | | 1083 | 41 | $229,000 | $211.45 | | | | 3414 W Lassen St | 0.21 | 1 | $229,900 | | 2407 | 24 | $229,900 | $95.51 | | | | 2621 W Madison | 0.14 | 0 | $239,000 | | 1551 | 87 | $239,000 | $154.09 | | | | 2409 W Bannock St | 0.12 | 1 | $248,900 | | 1495 | 41 | $248,900 | $166.49 | | | | 1213 W El Pelar | 0.10 | 2 | $269,900 | | 1914 | 49 | $269,900 | $141.01 | | | | 2131 N 15th Street | 0.14 | 1 | $269,900 | | 1800 | 20 | $269,900 | $149.94 | | | | 2901 N 28th Street | 0.16 | 1 | $274,900 | | 1525 | 87 | $274,900 | $180.26 | | | | 1513 N 25th | 0.14 | 2 | $275,900 | | 1724 | 59 | $275,900 | $160.03 | | | | 1120 N 14th | 0.07 | 0 | $279,900 | | 1792 | 58 | $279,900 | $156.19 | | | | 2518 Madison | 0.14 | 1 | $279,900 | | 1510 | 43 | $279,900 | $185.36 | | | | 3207 W Bellomy | 0.12 | 2 | $285,000 | | 1682 | 59 | $285,000 | $169.44 | | | | 3205 W BELLOMY | 0.00 | 2 | $285,000 | | 1760 | 57 | $285,000 | $161.93 | | | | 2515 N 21st St | 0.07 | 2 | $289,900 | | 1637 | 68 | $289,900 | $177.09 | | | | 1409 N 8th | 0.13 | 2 | $295,000 | | 1851 | 80 | $295,000 | $159.37 | | | | 2314 N 30th Street | 0.09 | 2 | $298,500 | | 1562 | 98 | $298,500 | $191.10 | | | | 2617 Ellis Ave. | 0.14 | 0 | $299,000 | | 2000 | 195 | $299,000 | $149.50 | | | | 1316 N 21st Street | 0.14 | 0 | $299,000 | | 1253 | 3 | $299,000 | $238.63 | | | | 1717 W Eastman | 0.10 | 0 | $299,500 | | 2117 | 206 | $299,500 | $141.47 | | | | 2401 W Hill Road | 0.32 | 3 | $299,900 | | 2192 | 181 | $299,900 | $136.82 | | | | 3331 N Stone Creek Rd | 0.21 | 2 | $299,900 | | 1900 | 123 | $299,900 | $157.84 | | | | 2513 N 21st St | 0.07 | 2 | $299,900 | | 1637 | 83 | $299,900 | $183.20 | | | | 2124 N 15h St | 0.17 | 2 | $299,900 | | 1864 | 51 | $299,900 | $160.89 | | | | Total Listings | | | | | | Avg | Avg | Avg | Avg | Avg | | 26 | | | | | | 77 | $270,673 | $163 | | | | 3636 Burke Ave. | 0.23 | 2 | $208,360 | 130.23 | 1600 | 30 | $219,900 | $137.44 | $208,360 | $130.23 | | 2116 W Bannock | 0.14 | 1946 | $240,000 | 130.43 | 1840 | 18 | $250,000 | $135.87 | $240,000 | $130.43 | | 3105 N 36 | 0.41 | 4 | $242,500 | 113.64 | 2134 | 113 | $260,000 | $121.84 | $242,500 | $113.64 | | 2117 W Jefferson Street | 0.14 | 1 | $248,700 | 158.81 | 1566 | 38 | $249,900 | $159.58 | $248,700 | $158.81 | | 2314 W Madison Ave. | 0.14 | 0 | $250,000 | 141.96 | 1761 | 0 | $249,900 | $141.91 | $250,000 | $141.96 | | 1414 N 14th Street | 0.11 | 2 | $294,500 | 184.06 | 1600 | 27 | $299,900 | $187.44 | $294,500 | $184.06 | | 2023 N 9th | 0.07 | 1 | $295,000 | 130.53 | 2260 | 35 | $301,031 | $133.20 | $295,000 | $130.53 | | Total Listings | | | | | | Avg | Avg | Avg | Avg | Avg | | 7 | | | | | | 37 | $261,518 | $145 | $254,151 | $141 | | 3630 N Berry Dr | 0.18 | 2 | $204,900 | | 1550 | 151 | $204,900 | $132.19 | | | | 3701 Burke | 0.31 | 1 | $204,900 | | 1646 | 95 | $204,900 | $124.48 | | | | 2908 N Woody Drive | 0.23 | 0 | $235,000 | | 2120 | 174 | $235,000 | $110.85 | | | | 1212 W El Pelar | 0.31 | 2 | $299,000 | | 2200 | 98 | $299,000 | $135.91 | | | | 3119 W Hillway Drive | 0.30 | 2 | $299,900 | | 1860 | 14 | $299,900 | $161.24 | | | | Total Listings | | | | | | Avg | Avg | Avg | Avg | Avg | | 5 | | | | | | 106 | $248,740 | $132 | | | | | High | Low | Average | Median | | LP: | $301,031 | $204,900 | $266,100 | $275,400 | | SP: | $295,000 | $208,360 | $254,151 | $248,700 | |