Telluride Real Estate with Mick Varner and Telluride Realty

It is true. Telluride is one of those unusual places which maintains its value...often in contrast to market trends in other locations throughout the United States. Historically, Telluride`s dollar sales volume and accompanying appreciation in all segments of its market consistently show advances. Increasing value, normally, is our byword. These past few years, however, reflect our national real estate downturn.

Think discounts!

Still, when you do look at this place... it is so, so spectacular...Telluride`s raw grandeur, its skiing, its summers are so very good...it is as good as it gets. And, it is small town safe here . . .

Telluride`s real estate market is very limited with supply…another factor which drives values.  We now have a growing, maturing audience of interested buyers for the shrinking inventory of developable opportunities in our region. Our built home and condo market has matured as well…in aesthetic and technical quality…and in value.

 Here`s one reason:  when people first arrive, they have a reaction to Telluride similar to my first day here: “this is one of THE most breathtaking places I have ever seen in my life.” Many of the citizens who came here in the 70`s and 80`s who did not buy a stake here, when they now return invariably say, “I wish I had bought back then…now look at the values here.”

 Yes . . . 2008 and 2009 mirrored the overall U.S. economy in it`s downturn. However, 2010 and 2011 showed far more, healthier sales action . . . though most all of our action is on substantially discounted properties.

We have excellent snow this season. Our 2012 market is humming again.  Come see it firsthand . . . and find a place you like.