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Old 02-22-2011, 02:24 PM
 
331 posts, read 866,774 times
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I'd say go for it. The longer you're there, the more opportunities you will hear about as far as long-term work goes. Get out there and network, make friends with year-round locals, and work day after day at finding a way to make it work. Start a business in your time off work if you can; find some service of some sort to sell to tourists for a second income. It'll be a bit hard at first, but if your rent is only $500 / month, then you're definitely in a better position when I moved out to CO with no friends, no guaranteed work, and very little experience. I've been in CO for 8 months, have found a great full-time, year-round job at a ski resort location (not at the ski resort, just in the same town), and go snowboarding about 3 to 4 times a week. When the snow disappears in a few months, I'll be spending my time outside of work mountain biking and camping with my dog. Wow, is it sure tough out here... ;-)
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Old 04-21-2012, 07:07 PM
 
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Hi - I am looking to move to Colorado - preferably Aspen. I have just a bit of money saved up and I have a home based business that I can do from anywhere in the country. My question is of course about mortgage costs... as I have 3 dogs and I need to ensure they have a back yard to run around. Any information or input would be greatly appreciated. Thank you - CEC
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Old 04-21-2012, 08:18 PM
 
Location: On the sunny side of a mountain
2,970 posts, read 6,607,413 times
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Mortgage rates are low right now, real estate is still costly in the Aspen area for most people, but for people that live in the area they know a good deal when they see it. Take a look on realtor.com, zillow.com or any of the local realtor sites and see if the prices make you cry or smile. The Aspen area is very dog friendly, a rental house with 3 well behaved dogs is not out of the question.
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Old 04-21-2012, 08:21 PM
 
9,816 posts, read 19,017,909 times
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Quote:
Originally Posted by Finally Awake View Post
Hi - I am looking to move to Colorado - preferably Aspen. I have just a bit of money saved up and I have a home based business that I can do from anywhere in the country. My question is of course about mortgage costs... as I have 3 dogs and I need to ensure they have a back yard to run around. Any information or input would be greatly appreciated. Thank you - CEC
Have you taken note that Aspen is one of the most expensive communities in the country and your average detached home with a yard is a couple of million dollars?

There is a wide variance of what's available and even townhomes and condos under a million bucks can be pretty crummy, old and small.
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Old 04-21-2012, 08:31 PM
 
10,869 posts, read 41,139,178 times
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Quote:
Originally Posted by wanneroo View Post
Have you taken note that Aspen is one of the most expensive communities in the country and your average detached home with a yard is a couple of million dollars?

There is a wide variance of what's available and even townhomes and condos under a million bucks can be pretty crummy, old and small.
Aspen's marketplace reached the point almost 20 years ago where a $1mil property was a tear-down.

While the prices have declined a little bit from their highs of a few years ago, Aspen real estate is still off the charts for anyone who doesn't have a lot of cash to put down or a significant cash flow to support their Aspen habit. There's "bargains" to be had there now, but it's all relative ....
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Old 04-22-2012, 08:40 PM
 
Location: Denver, CO
2,212 posts, read 4,331,198 times
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If "a bit" of money isn't at least $2 million, you won't be buying a house there anytime soon. And that is VERY conservative. I doubt you'd find a house with a yard for under $2 - 3 million. It's pretty normal to browse the house listings and find $25 - $40 million houses. A friend of mine took his grandmother to visit her childhood home, a little Victorian, maybe 1200 sq. ft. Price= $4.5 million.
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Old 04-23-2012, 11:28 AM
 
12,842 posts, read 24,473,188 times
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Why on earth Aspen if you can work from home? There are so many nicer places at better prices, never mind more affordable than crazy Aspen. Even Telluride is cheaper! (and still not liveable).
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Old 04-23-2012, 03:37 PM
 
2,253 posts, read 5,835,868 times
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Wink Aspen on a budget

If with Aspen pretensions on a budget, one might try Twin Lakes. Being directly on the far side of Independence Pass from Aspen, it enjoys scenery just as beautiful—and a whole lot less crowded and expensive.

It wouldn't be for everyone as a small place, and best suited to those content with their Aspen fix in interludes, after a beautiful drive across that high pass (and only about half the year, as closed in winter). In winter—and when being more practical—services (as basic and few in Twin Lakes) would be found in either Leadville or Buena Vista.

But you could tell everyone you live near Aspen (just forget to mention on what side of the pass). And if they question you later about it, will at least have to admit your local lovely enough; and if a good enough liar you can explain to them how this is really the far, better side of Aspen—yet discovered.
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Old 04-23-2012, 04:11 PM
 
Location: Pueblo - Colorado's Second City
12,102 posts, read 20,348,297 times
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I say go for it. I love Aspen its a nice little resort town.
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Old 04-23-2012, 07:02 PM
 
8,317 posts, read 25,095,377 times
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There is practically no one who works a typical job in Aspen who actually lives there. Most working people are in the "drive to affordability" mode--some commuting from as far a Rifle every day. Median home prices in the $2 million range and even a $20/hr. job just don't mix. Hell, a single-wide mobile home in Aspen's last trailer park sells for around $250K--with no land, you have to rent the land in the park for it.
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