We live in the best kepted secret in Colorado and although we like that, it's not going to be that way forever and once buyers relize, especially retired people or second home/vacation home buyers, how great it is and the true value of the market here, it won't be long before the values start to rise. One must also consider that there isn't that much private land compared to the state, and fedral land owned in the valley. As as mentioned below, once the Climax Mine is back in full swing there are going to be a whole new set of buyers and renters on the market.
My home is for sell and has a supposed market value pushing $365,000.00 but we just reduced it to $325,900.00 but not due to falling values, we just need to move to a lower altitude and a warmer winter climate.
It takes longer for homes to sell in the rural areas because there isn't as many buyers moving down there. Unlike the metro area, there aren't enough jobs in those areas to support a huge flux of people moving in and out, but boy is it gorgeous.
OUR REALTOR THINKS THIS PROPERTY WILL BE WORTH 225K IN FIVE YRS. OUR SELL IT NOW PRICE IS 149,500. THE NEXT CLOSEST PRICED PROPERTY IS 165K AND NOT NEAR AS NICE. 719 395 8108,