The rich and famous.
This week I am going to tell you a little bit about buying a vacation home in Telluride, CO. In the past weeks I have covered many mountain towns such as: Silverton, Durango, and Breckenridge.
You will notice that the price is a little higher in Telluride than in most other places we have looked at, but there are so many reasons to spend the pretty penny to be a homeowner here.
Livin’ the life.
There are so many things to do in Telluride during the day and at night. The activities and local venues are what add to the value of buying a vacation home here.
Fly Me To The Moon Saloon is the perfect place to listen to live music while enjoying a cold beer. Colorado is well-known for its many microbrews. On the hipper side of things lies the Blue Point Grill & Noir Bar.
You can hitch a ride on the gondola whenever you want in the summer for the views, or the winter to ski down from the top. Between the snow, museums, rivers, waterfalls, hiking, biking, rafting, festivals, yoga, and theater performances; boredom will never be an issue.
A Pretty Penny.
What will living in this picture perfect mountain town cost to buy a vacation home in Telluride? The asking price of a 1 bedroom, 1,294 sqft condo is $799,000. At this price having the opportunity to earn some of the monthly mortgage payment (average $3,581/month) would be welcome. Renting a unit around this size in Telluride could recoup roughly $2,000 a month. That is a large chunk of money to earn for a vacation condo!
Professional all the way.
Buying a vacation home in Telluride, Colorado is a big investment. You want to make sure you have the best buyer representation there is. When you use a Colorado buyers agent, you will definitely get 100% fiduciary responsibility from the agent to you, the buyer. Buyers agents also have excellent negotiating skills at closing, and great local resources. Find your dream vacation home in Telluride with a Colorado buyer’s agent today!
Click here for a FREE consultation with a local Colorado buyers agent!
