How does a buyer find a motivated seller in the Aspen Area Real Estate Market?
One method is to watch the price reductions and the timing of the reductions. If the seller is motivated, they will likely reduce the price frequently. They begin the marketing at a “hopeful” list price, then reduce it regularly until a buyer comes along. So, if you’d like to find a value-priced property in Aspen (is that an oxymoron?), watch the price reductions. Our office is happy to set you up with an auto-email to your Inbox every day with information on properties with price reductions. Call today, 970-379-4559.
The listings with price reductions this morning are as follows.
42553 E Highway 82, Aspen, CO 81611 was reduced this morning from $5,450,000 to $4,995,000 after only 47 days on the market. Dropping the list price almost half a million after 47 days?? Could this seller be REALLY ready to sell? The property is located on the East side of Aspen, has 4 bedrooms, 4 baths and over 3,900 square feet, a 2 car garage and was built in 2005 and if offered fully furnished.
1041 Horse Ranch Drive, Snowmass Village, CO 81615 was reduced this morning to $4,350,000. The original list price was $4,450,000 and it has been on the market 174 days. The home has 5 bedrooms, 6 baths, almost 5,000 square feet, a 2 car garage, is offered fully furnished.
316 Maple Ridge Lane, Snowmass Village, CO 81615 is a vacant lot, now reduced price to $1,450,000. The price is down from $1,495,000 (so maybe not very motivated). The lot is .7 acre.
A residential/commercial development opportunity in Carbondale at Tbd Dolores Way Lot 2, Carbondale, CO 81623 was just reduced to $995,000. The original list price was $1,395,000 for 1.2 acres. The seller is offering owner financing, partnership and will be creative.
Give me a call for more information on finding value in the real estate market in Aspen, Snowmass Village, Sold Snowmass, Basalt & Carbondale! I have over 25 years of experience and can help you find the very best value in today’s real estate market. Kim McKinley, (970) 379-4559