The real estate growth in “down valley” ’burbs — think Basalt and Carbondale downstream from Aspen, or Eagle down from Vail, or Ridgway down the hill from Telluride — has been strong for more than a decade as more buyers seek homes outside, but near, pricey resort towns. With the explosion of mountain real estate in 2020 and 2021, that down-valley growth has moved even further down the road. Call it the down, down valley.
Prices and deals in places like the West End in Montrose County, the North Fork Valley of Delta County, Fairplay, Rifle, Silt, Kremmling, Del Norte and Craig have peaked in 2021. It’s not just locals cashing out of their longtime resort-area homes, either. These are newcomers, many working from home and discovering the affordability and appeal of areas far from tony resorts.
Courtesy of the Colorado Sun
