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For Telluride home and property sellers, we analyze market trends in an effort to achieve a sale for the best price and within an amount of time consistent with the seller clients' wishes. After listing a property, we produce outstanding marketing materials on paper, CDs, and on our website, all in an effort to maximize exposure of the property to qualified prospective buyers.

If you're interested in selling your property in the Telluride region, or simply wondering what it may be worth, please contact Mike .

SUCCESSFUL 2007 4TH QUARTER AND ITS NOTABLE SALES
The fourth quarter of 2007 showed very positive results with the total dollar volume reaching $148 million. This was a 16.5% increase over 2006’s fourth quarter, which netted $127 million. In addition, all fourth-quarter months in 2007 topped those same months from 2006.

Oct. ‘07: $48M
Oct. ‘06: $45M
Nov. ‘07: $41M
Nov. ‘06: $36M
Dec. ‘07: $59M
Dec. ‘06: $46M
4thQ ‘07: $148M
4thQ ‘06: $127M

2007: Another Banner Year for the Telluride Market (CLICK TO VIEW FULL PDF)
Much like the recent weather pattern, real estate in the Telluride area continues to be a blizzard of activity. According to data compiled by the Telluride Association of Realtors Multiple Listing Service — which includes regional transactions handled by the organization’s 240-plus broker members — total dollar volume for real estate sales in 2007 topped out at $710 million, an overall history high and 6% higher than last year’s total (and former history high) of $670 million. Furthermore, since TAR began recording data, total dollar volumes have increased at a compound annual growth rate of 14.8%, and have witnessed a substantial rise with 2007’s figures 129% higher than those from 2001.

December 2007, in particular, was 26% higher than December 2006, and even more importantly, was the strongest December in history. Certain sizeable transactions contributed to December’s success, such as two single-family residential homes in Mountain Village for $7 million and $5.6 million, respectively; three more single-family residential homes for over $3 million (two in the town of Telluride and one in Mountain Village); a $5.5 million vacant land parcel in Mountain Village and $4.1 million vacant land parcel on Deep Creek Mesa; and a $4.95 million condominium in Mountain Village.

As for marked sales during the other fourthquarter months, November boasted an $8 million single-family residential home sale in Mountain Village; and October brought in a $4.7 million condominium sale and five single-family residential homes sales at $3 million or higher.


Avoid 2 Mistakes
That Could Cost You Thousands

1. Refusing to Make Profit Inducing Repairs
It always costs you more money to sell 'as is' than to make repairs that will increase the value of your home. Even minor improvements often yield as much as three to five times the repair cost. Mike Wentworth will be able to point out repairs that will significantly increase the value of your home. Small fix up jobs can have quite an impact.

2. Believing All Realtors, Brokers & Others are the Same
With all the intricate details and critical decisions concerning your home sale, you should you rely on an experienced real estate investment professional. Your home sale is a time consuming, effort related, difficult task. Maximize your profit by utilizing a true professional with DECADES OF PROFESSIONAL EXPERIENCE.

 
 


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