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Aldasoro Ranch Lots Increase in value in 2008

The Aldasoro Ranch Subdivision lots are holding their own in this challenging market. The Aldasoro Ranch Subdivision sits perched on Deep Creek Mesa, just west of the Town of Telluride. With its spectacular views and abundant sunshine, it has for many years been a sought after location for larger single family homes. As reported by Telluride Consulting in 2005 and 2006 the average lot values hovered around $850,000 with virtually no sales in 2006. In 2007 however, eight lots sold at an average price of $1,130,000. This pace in pricing picked up in 2008 with 6 lots selling at an average price of $1,218,000. This demonstrates that quality property retains its value and is more desirable to most buyers.

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