July 20 celebrated the 50th anniversary of America’s successful moon launch with Buzz Aldrin (and other
Astronauts). What was one of the famous lines when they actually walked on the
Moon? “Location, Location, Location!”
We can relate that to the Aspen Real Estate Market.
Walk to town and sold prices push $2300 to $3,000 a sq ft for new or updated p
Go a little farther and prices start to drop - even for great properties.
One closing last week surprised me regarding location. A brand new home
located over a mile east of town closed for $14,400,000 which is $2,271.29/sf. It m
akes me wonder if a new home could be a comparable component to an e
asy walk to town.
Also, this is a great example of how staging with
our Compass Concierge w
orks in bigger dollar