Free Articles, Free Web Content, Reprint Articles
Thursday, October 28, 2021
 
Free Articles, Free Web Content, Reprint ArticlesRegisterAll CategoriesTop AuthorsSubmit Article (Article Submission)ContactSubscribe Free Articles, Free Web Content, Reprint Articles
 

The prices of Aspen Real Estate are not Extraordinary Anymore

Aspen real estate has always had a treasured place on the upper tears of the price ladder. But what enables us to judge if real estate is pricey or affordable? There are two different ways to measur...

Aspen real estate has always had a treasured place on the upper tears of the price ladder. But what enables us to judge if real estate is pricey or affordable? There are two different ways to measure this: Real estate might look cheap or expensive compared to the budget you have for buying a property and it might look reasonably or excessively priced compared to other luxury real estate in other resorts like Deer Valley or Utah.

The first case is to do with your personal finances. Your budget is setting the tone. If you have $300,000 to spend on a condo then Aspen or Snowmass will definitely look expensive. On the other hand if you budget is $3 million then comparing Aspen properties to other luxury ski destinations will show you that prices are on par or lower than comparables.

Aspen condos in the central core of town range from about $1,300 to $1,900 per square foot depending on all the usual criteria like location or state of upkeep. Prices in Vail, Colorado are about the same fo Lionshead and Vail Village developments. International real estate prices, for example in Dublin, have far outpaced Aspen. For international buyers Aspen can feel like a bargain.

The weak US Dollar is doing its share to make US properties look attractive for buyers from the Euro zone or British citizens.

Aspen and Snowmass with its few thousand single-family homes and 5,000 condos between them are on par with standard Manhattan Real Estate. This is not comparing Aspen to the Fifth Avenue co-ops that demand prices of up to $6,000 per square foot. Manhattan with its millions of dwellings is priced similar to a luxury resort like Aspen and Snowmass. This should ensure that real estate in this Aspen will do well in the future.

Aspen and Snowmass with its few thousand single-family homes and 5,000 condos between them are on par with standard Manhattan Real Estate. This is not comparing Aspen to the Fifth Avenue co-ops that demand prices of up to $6Science Articles,000 per square foot. Manhattan with its millions of dwellings is priced similar to a luxury resort like Aspen and Snowmass. This should ensure that real estate in this Aspen will do well in the future.

Article Tags: Aspen Real Estate, Aspen Real, Real Estate, Comparing Aspen, Square Foot

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


After a 10 year career in derivatives trading Toby Munk relocated to Colorado to pursue a career in Snowmass Real Estate. Explore more information on Snowmass MLS search and Snomwass Real Estate listings.



Health
Business
Finance
Travel
Technology
Home Repair
Computers
Marketing
Autos
Education
Entertainment
Family
Law
Other
Communication
ECommerce
Sports
Home Business
Internet
Self Help
Partners


Page loaded in 0.074 seconds