There's Gold in Them Thar Hills! Great Bargains in the Mountains

If you've been toying with the idea of buying a summer cabin, now is the time. There are great deals to be had in Boulder, Gilpin and Larimer counties, starting at less than $100,000 for a home on a forested acre or a cabin on a creek.

I've been having a great time escaping the summer heat and driving the mountains with my friends/clients who are also gold miners. Their claim is near Gold Hill and we looked at a home near Rollinsville just off Gold Road. So, I've got gold on my mind.

The price of gold may be rising, but the real jackpot in the mountains is real estate. When prices for homes drop below the cost of construction (with the land thrown in for free), it really starts making sense.

Of course, there's risk involved as well. The cost of a new septic system can run in the tens of thousands of dollars. Boulder County is requiring outdated systems to be replaced within one year of any sale. So if the seller won't pay for it, the buyer will have to.

Gilpin County, on the other hand, has some great bargains just minutes away from Nederland, plus their property taxes are much lower.

If you'd like to head to the hills to hunt for some real estate gold, please give me a call at 303-473-2773.