This 2-bedroom (plus loft), 2-bathroom, 1,594-square-foot townhouse (shown above) is 1 mile from the ski area. Amenities include a hot tub, onsite tennis courts and heated pool, and a shuttle to the slopes.
LIST PRICE $179,500
SALE PRICE $168,000
TIME ON MARKET 18 months
LISTING BROKER Barbara Tanck, Graves Realty Co., 800-252-1505; email@example.com.
MARKET COMMENT The area has shown little sign of a recession in the vacation home market, especially in terms of condominiums. Demand remains strong, and inventory remains extremely low.
Located at the base of Durango Mountain Resort, this 3-bedroom, 4-bathroom condo offers 2,820 square feet. Its finest feature is floor-to-ceiling windows with views of the slopes.
LIST PRICE $803,000
SALE PRICE $803,000
TIME ON MARKET 8 months
LISTING BROKER Cathy Craig, Durango Mountain Realty, 970-385-2198; firstname.lastname@example.org.
MARKET COMMENT Durango Mountain Resort is embarking on its 25-year master development plan, which will greatly increase growth and property values in the area. Phase II of this project is estimated for completion by March 2003.
Fully furnished, this 1,276-square-foot condo overlooks Tremblant Ski Area and Lake Mercier. It has 2 bedrooms, plus a den and 2 bathrooms, and offers access to heated pools and tennis courts.
LIST PRICE $213,000 (U.S.)
SALE PRICE $213,000
TIME ON MARKET one month
LISTING BROKER Steve Gilbert, Intersite Real Estate Development Corporation, 888-425-3777; email@example.com.
MARKET COMMENT This project is the only mountain development available at the moment. That means a much stronger demand and an expected increase in prices.