What You Get For The Money Season 2 Episode 21 $1 Million in Boulder, CO
- January 1, 1970
- 21 min
What You Get For The Money is a popular television series that provides an in-depth look at real estate properties across the United States. Each episode features a new city and a budget that the host is required to work within. In season 2 episode 21, the host is given $1 million to invest in a property in Boulder, CO.
Boulder, located in the foothills of the Rocky Mountains, is a vibrant city known for its outdoor recreation, tech startups, and cultural amenities. With a population of just over 100,000, Boulder has a diverse real estate market that ranges from suburban homes to sleek modern condos in the city center.
In this episode, the host meets with a local real estate agent who shows him several properties within his budget. The first property is a single-family home located in the affluent Meadows neighborhood. The home boasts four bedrooms, three bathrooms, and an open floor plan perfect for entertaining. The host is impressed with the natural light that streams through the oversized windows and the beautiful views of the surrounding mountains. However, the backyard is small, and the host is concerned that it may not meet the needs of his target demographic.
Next, the host is shown a luxury condo in the heart of downtown Boulder. The condo is located in a newly constructed building and features two bedrooms, two bathrooms, and an open concept living area. The modern design and high-end finishes appeal to the host, and he is impressed with the building's amenities, including a rooftop pool and fitness center. However, the condo's price tag of $950,000 puts it slightly over the host's budget, and he worries that it may not be a feasible investment.
After visiting several properties, the host is shown a unique historic home in the Mapleton Hill neighborhood. The home, built-in 1905, has been remodeled to preserve its original charm while incorporating modern conveniences. The home features four bedrooms, three bathrooms, and a spacious backyard complete with a vegetable garden and a chicken coop. The host is struck by the home's character and the attention to detail in the renovations. He can envision the property appealing to buyers who value history and a connection to the community. However, the home's location in a historic district means that any modifications to the exterior must be approved by the local preservation board, which may limit the home's resale value.
Finally, the host is shown a sprawling ranch-style home located just outside of Boulder. The home boasts five bedrooms, five bathrooms, and over 4,000 square feet of living space. The property sits on over two acres of land, with ample space for outdoor activities, including a swimming pool, tennis court, and horse barn. The host is impressed with the home's potential as a multi-generational property or a vacation home for families who enjoy outdoor recreation. However, the home's location outside of the city may limit its appeal to buyers who prefer a more urban lifestyle.
After considering all of the properties, the host reveals which property he believes is the best investment for the $1 million budget. He takes into account factors such as location, property size, potential resale value, and target demographic. The episode concludes with the host providing a final analysis of why he believes the chosen property is the best investment.
In summary, season 2 episode 21 of What You Get For The Money provides an informative and engaging look into the real estate market in Boulder, CO. The episode presents several unique properties, each with their own benefits and drawbacks, and the host provides valuable insights into the decision-making process behind investing in real estate. Overall, the episode is a must-watch for anyone interested in real estate or considering investing in the Boulder market.