If you live in Boulder, it’s probably unsurprising that our county ranks among the top 10 highest-priced metros. Although there’s no denying that the Boulder area is known for pricey real estate, we’re far from topping the list of most expensive cities. For those who don’t currently live here and are pondering whether purchasing in our market is a worthwhile investment, I have some insights to share to help you through the decision-making process. Boulder is a highly desirable place to live, and our luxury market is truly something special. Curious about how far your money will take you here in Boulder compared to other sought-after areas? Here, I offer a look into what you can get with $6 million in Boulder compared to Los Angeles and New York City.
Boulder
Boulder’s demand for luxury homes is growing, driven by an ever-expanding tech sector in our city. Our luxury market is recognized as one of the top luxury markets in the country, and $6 million tends to go further here than in cities such as Los Angeles and New York City. Boulder’s luxury properties start around $2.5 million and most of our top listings are below $10 million, which means $6 million can afford you an impressive home in this desirable luxury market. If you desire mountain views, a serene setting, and meticulous design there’s a chance you’ll be able to find what you’re looking for without spending as much in other comparable luxury markets. Many of our listings in the $6 million price range offer 4,000+ square feet of living space and large lots.
Los Angeles
Los Angeles is celebrity central and the real estate market definitely reflects this. While $6 million buys you your dream home in Boulder, you may have to compromise in this star-studded California city. Perhaps unsurprisingly, there are some truly jaw-dropping properties in LA (we’re talking 30,000+ square feet), which run in the dozens (or even hundreds) of millions. It’s certainly possible to find luxury properties in the $6 million price range, but you may have to settle for close neighbors, lower-end finishes, and a smaller lot than you could get with the same money in Boulder.
New York City
Like LA, New York City is one of the most sought-after markets in the world. $6 million can be a respectable budget in NYC’s real estate market, depending on what your goals are. For example, this impressive home on Fifth Avenue is listed for just under $7 million. The future owners will enjoy 40 feet of Central Park frontage, in addition to a clear view of the iconic Manhattan skyline. Similar to LA’s market, those seeking more square footage will have to pay (a lot) more. Because New York CIty is such a densely populated area, seclusion is hard to come by–so keep this in mind if you’re looking for something that offers privacy.
Los Angeles and New York City have long topped the list of the most expensive real estate markets in the nation. If you’re looking for a luxury property that offers natural beauty and unparalleled privacy, you may want to explore Boulder, Colorado. Our luxury market offers some truly spectacular homes and there’s no question that $6 million will buy you an impressive property here.