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Downtown Durango - An Excellent Investment.Our appraisers tell us that our values are coming in around 70% of those in Telluride or 60% of those in Breckenridge. Yet Durango has a finer climate and better services, health care, shopping and infrastructure than either of those towns. Yes we have great access to skiing at Purgatory, Telluride and Wolf Creek. But we also have 4 seasons of rafting, fishing, hunting and riding to go along with our snow sports. Additionally, Durango features real industry, technology and finance firms with high paying jobs that you will not find in Telluride or Breckenridge. Don't just take our word for it - Click to listen to top local market experts discuss their outlook. John Wells owner of the Wells Group describes the Durango real estate market, "long term, there's simply no better investment" John Mahone, Broker Owner with Coldwell Banker - "The Animas River is a very underutilized feature of downtown Durango. ... 1111 Camino might be the project that starts the new river development in Durango." Ski Magazine has recently named Durango as one of it's "Next best Places". - "Housing isn’t cheap - the median single family home price is $423,000 - but that’s still less than half the cost of Aspen or Vail. What is cheap is property tax; assessments are made on less than 10 percent of a home’s value". A Strong Future - Downtown CondosThe 1111Camino project will be a significant part of Durango's coming of age. Just over decade ago you could count the gourmet restaurants in Durango one one hand. Today we boast 137 Restaurants and 32 bars and night clubs. The overwhelming majority of those are in the Heart of Durango's downtown which is also known for it's many art galleries, museums and performing arts venues. This cultural emergence is attracting more sophisticated residents with the resources to demand a higher standard in their living spaces. The new Durangoans are demanding upgraded commercial kitchens, luxurious bath suites, magnificent views and, above all, convenient access to Durango's "walkable urban core". 1111 Camino's Downtown Durango riverfront condos will satisfy these demands and more. They will also be an excellent investment for the future. By 2025 there will be more single family households than families with children. These older singles will be abandoning larger homes in search of the community feel of projects just like 1111 Camino. Sales of large lot Mc Mansions have slowed to a crawl, and this trend will certainly continue into the future. The 5000 square foot 6 bedroom house 30 miles from town is yesterday's status symbol. Today's new, hot item is the urban luxury apartment walking distance to everything. 1111 Camino is the Natural ChoiceBecome a part of the excitement that this project is generating around Durango.
Take a quick spin around the project with our 360 degree virtual tour - narrated by development partner, Mynders Glover
VIP Next StepsVIP Buyer's events and open houses are scheduled beginning in March of 2008. Be sure to sign up to "be in the know" as these events and other project information is announced.
For immediate consideration, call our Sales Manager, Lisa Bourque at 970.259.7207. Lisa can answer any questions you have about 1111 Camino. She will also be your personal assistant in the reservations and selections and custom outfitting process.
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E7Systems.com
739 E. 7th Ave.
Durango Colorado 81301 Copyright E7Systems.com 2004 |
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