There’s a beautiful historic house in Boulder on University Hill. The history of this historic house is pretty interesting, and it can be a good example of how home values have changed over the last few decades. It’s called the Harbeck-Bergheim House at 1206 Euclid Avenue.
The home was originally built in 1899 by John and Kate Harbeck and used as a summer home until it was sold in 1939.
The Bergheim family used the home as their primary residence until 1970. At that time the City of Boulder leased the property until 1979 when they purchased it for $82,500.
In 1985 the city leased this piece of history to the Boulder History Museum. Now there’s some uncertainty about what comes next for the house. A recent appraisal placed the value at just over three million dollars. The city can’t yet determine what to do with the property, and is looking to the local community to chime in with opinions.
Operating costs for the home include about $58,000 per year in property taxes, and almost $50,000 in annual maintenance costs. Some people have suggested that this $100,000 per year overhead might be better spend elsewhere.
Apparently, the city is still considering selling, leasing, or keeping the property as a city-owned and operated asset. Much of the input from the community has been uncertain when we compare the small number of folks who are aware of the project, yet only about three percent have chimed in with recommendations.
Based on recent reports, the city still has a lot of work to do to decide the best next steps for the Harbeck-Bergheim House. It seems we really won’t know the fate of it until sometime in 2019.
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RE/MAX Hall of Fame, RE/MAX Platinum Club
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