Posted by Lisa Olivas on January 06, 2001 at 04:40:26:
I forgot to mention that this property is in Northern Colorado. There have not been any comparable sales within the last year. However, this subdivision in which this property is located is a mile away from the downtown area. Now properties in the downtown area are incredibly inflated. We are talking about a historic district with houses built in 1912 selling for about 240K. Even the old “Railroad” houses, you know the ones less than 900sq ft., no basement, 2 bd 1 bath for about 125K.
This property is about 1100 sq ft. and again 1 mile away from the downtown prices. The property is well maintained and in good condition, built in 1944 and remodeled in 1985.