"condo with views" price premium in Summit County, Colorado

"condo with views" price premium in Summit County, Colorado

Denver, CO · Member since 2015 · 1 post · 0 votes

We're looking to see if there is an average, accepted premium for condos with mountain/lake views in the Wildernest subdivision of Silverthorne, Colorado.  Average PPF seems to hover around $280 for a 2 bedroom 1.5 bath condo, but listings are anywhere from $204K-$212K for the same unit, depending on orientation to the mountains.  

Any thoughts on a reasonable premium to pay for a better mountain view?

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  • Lender · Richardson, TX · Member since 2014 · 537 posts · 228 votes
    11y

    I would use comps as much as possible to indicate what you should pay.  If the seller is looking for too high a number, walk away from it.

    Remember, if you pay a premium when you buy it, you may not be able to get a similar premium when you need to sell it.

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