If you have listened to the news or have browsed social media in the last year, you have probably heard about Colorado’s INSANE housing market. Yes; buying a house in this current market is a nightmare…however, it doesn’t hold a candle to New York City and its average price of $710,000 for a one-bedroom apartment! YIKES!! To compare the two markets, we have compiled a list of spacious Colorado homes that you can purchase for the same price as a small New York City apartment.
This cute 1 bedroom, 1 bath co-op is located on the Upper Eastside and features an open kitchen with granite counter tops and dishwasher; spacious living quarters with new base molding and hardwood floors; and a large, newly renovated lavatory, complete with marble bath. Folks: all of this can be yours for just $775,000!
Now let’s take a look at some Colorado real estate to see how much more you can get with that same price tag (or less)…
1. Quaint Alpine Cabin in Hesperus (1,441 sq. ft.)
Peace and tranquility await you at this 2 bedroom, 1.5 bath riverside cabin, complete with a huge fireplace and tall cathedral ceilings. Asking price? $700,000.
2. Stunning Single Family in Monument (4,498 sq. ft.)
This dreamy 5 bedroom, 5 bath house comes complete with a large sun room and walkout to the newly renovated deck; formal living and dining rooms; and a spacious basement, complete with a family room and extra storage space. Asking price? $525,000.
Located in Denver's highly coveted City Park West neighborhood, this historic 4 bedroom, 1.5 bath bungalow features its original turn of the century woodwork; kitchen with hand-made cabinets and concrete counter tops; and unique mosaic and subway accent tile in the master bath. Asking price? $550,000.
Set upon a one-acre lot, this incredible foothills home boasts 4 bedrooms, 3.5 baths, and several contemporary features including a whole house humidifier, Euro glass shower bathroom enclosure and a beautiful gas fireplace. Asking price? $690,000.
I can already picture myself decorating this amazing 3 bedroom, 3 bath dream house (while soaking in the jetted tub, splashing around in the neighborhood pool and hanging stockings on the picturesque fireplace ALL at the same time!) Asking price? $610,000.
Does this comparison change the way you think of Colorado’s current real estate market?
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