Saturday, May 31, 2008

Durango Colorado Real Estate: Comparison Of New Homes!

Skyridge Village & Estates and Three Springs are both residential communities in Durango Colorado, and they both have excellent amenities for their residents, creating a desirable community with an emphasis on outdoor activities. They both have new homes available. This comparison will depict the differences between the new "Pinnacle Collection" single family homes at Skyridge Village & Estates, as compared to the new single family homes in comparable size at Three Springs.

LOCATION:
Skyridge Village & Estates is located near Fort Lewis College and Hillcrest Golf Course, and only minutes from Historic Downtown Durango Colorado. The amenities include a trail system with connections to the Horse Gulch mountain bike trails, a wide pedestrian walkway through the development, and a family friendly park with playground, tennis courts, and activity field. The choices for activities range from golf, tennis, mountain bike riding, hiking, stolling among the shops downtown, or taking in a concert at the Community Concert Hall at Fort Lewis College.

Three Springs is located east of Durango, near the new Mercy Medical Center, with easy access to the airport, and a few miles from Historic Downtown Durango. It is a traditional neighborhood, with a neighborhood shopping district, and it is pedestrian and bicycle friendly. It is surrounded by the Telegraph Trail system for active hiking or mountain bike riding. The goal of Three Springs is to create a "friendly" self-contained community, where you can park your car and enjoy a short stroll to the neighborhood shopping on Mercado Street, or saying hello to your neighbor from your front porch. There are plans for a regional park, but it has not been funded at this time.

HOME COMPARISON:

The Pinnacle Collection at Skyridge Village & Estates:

Newer Architectural Design With Two Models:

Single Level: 1,512 Sq. Ft. $394,900 $261 Per Sq. Ft. MLS #566943
Three Bedroom/Two Bath/Two Car Garage

Two Story: 1,940 Sq. Ft. $419,900 $216 Per Sq. Ft. MLS #597431
Three Bedroom/2 1/2 Bath/Two Car Garage

High Quality Construction With Travertine Tile Floors/Alder Cabinetry/Granite Countertops/In-Floor Heat/Vaulted Ceilings/Clerestory Windows Bring In Lots of Sunlight/Landscaping With Sprinkler System Included

Quiet Cul-De-Sac Location

Lot Sizes: 5,589 sq. ft. to 6,011 sq. ft.


Selected Models at Three Spings:

Traditional Two Story Design/Selected Models

Two Story: 1,396 Sq. Ft. $373,900 $282 Per Sq. Ft. MLS #592343
Three Bedrooms/2 1/2 Bath/Two Car Garage

Two Story: 1,730 Sq. Ft. $399,900 $231 Per Sq. Ft. MLS #604182
Three Bedroom/2 1/2 Bath/Two Car Garage

High Quality Construction With Granite Countertops/Stainless Appliances/Alder Cabinetry/Tankless Hot Water Heater/Forced Air Heat/Landscaping With Included Sprinkler System

Neighborhood Street Location

Lot Sizes: 2,922 sq. ft. to 2,939 sq. ft.


PROPERTY TAXES BASED ON $400,000 HOME:

Pinnacle Collection at Skyridge Village & Estates: $900.79

Three Springs: $1,976.63

Difference: $1,075.84 Per Year

CONCLUSION:

These are both great choices for a buyer desiring a high quality of life. It is my opinion that you should see both communities, and all of the models, and you will be happy with any choice you make. If you would like to see the Pinnacle Collection or Three Springs, please contact me: Don Ricedorff at The Wells Group Real Estate Office, 970-375-7014, e-mail me at don@frontier.net, or visit me at http://www.durangorealproperty.com/.


Wednesday, May 21, 2008

Animas La Plata Project In Durango Colorado Will Have A Positive Affect On Real Estate!

The Animas La Plata Project is near completion! This long anticipated water project is located just south and east of Durango Colorado. The water will be pumped from the Animas River into Ridges Basin, and it will create Lake Nighthorse, with a capacity of 120,000 acre feet, and a surface area of 1,490 acres. The dam has a height of 217 feet, and a length of 1,670 feet. Construction of the project began in 2001, after a long litigation. The water stored in Lake Nighthorse will be utilized by the Southern Ute Indian Tribe, Ute Mountain Tribe, the State of Colorado, the Navajo Nation, the Animas-La Plata Water Conservancy District, the San Juan Water Commission, and the La Plata Conservancy District. The construction of the dam has been completed, but other construction work continues. The final completion of the project is to be finished in 2012, but filling the lake will begin much sooner.

The long anticipated project should be a huge bonus for property owners west and south of Durango. There will be easy access to the recreational uses of the lake from County Road 141, and there are a large number of homes and parcels in Shenandoah and Trappers Crossing which will have views of the lake. Many of these parcels already have views of mountain peaks, and now they may have lake views as well. It is expected that the completed project will have a positive affect on real estate appreciation and demand. This is a prime opportunity to consider an investment or home in this desirable location, and enjoy the recreation created by Lake Nighthorse, and the possible appreciation.

If you would like further information on real estate west of Durango, please contact me, Don Ricedorff at don@frontier.net, visit my website at durangorealestate.com, or call me at 970-375-7014.