Transactions: March/April 2003
Features
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BEND, ORE.
Four miles from bend and 15 minutes from Mt. Bachelor, this 1,726-square-foot remodeled house (shown above) has 3 bedrooms, 2 full baths, wood floors, a wood stove and front and back decks.
LIST PRICE
$273,000
SALE PRICE
$263,000
TIME ON MARKET
5 months
LISTING BROKER
Carol Osgood/Heather Osgood, Coldwell Banker Morris Real Estate, 541-383-4355; carolosgood.com
MARKET COMMENT
Central Oregon continues to be a hot place for real estate. Over the past five years, there has been a 60 percent increase in the average sale price in Bend. The market has been strong since the November elections.
TELLURIDE, COLO.
Eight miles from town, this 35-acre plot is one of 25 in Gray Head Ranch, which offers private trails, an equestrian center, a fly-fishing pond, restored/historic owner’s cabin and caretakers.
LIST PRICE $2.55 million
SALE PRICE $2.55 million
TIME ON MARKET 3 months
LISTING BROKER Brian F. O’Neill, Telluride Properties, Inc., 970-369-5367; tellurideproperties.com
MARKET COMMENT The market is picking up steam due to favorable interest rates. Ranch properties have enjoyed a steady performance after an incredible spike in 2000.
FRISCO, COLO.
This 3-bedroom (plus loft), 3-bathroom single family home has a 1-car garage and comes furnished. It offers incredible views of the Continental Divide.
LIST PRICE $495,000
SALE PRICE $409,000
TIME ON MARKET 14 months
BUYER’S AGENT Eric Klein, Buyer’s Resource Real Estate, 800-666-7709; ericmklein@yahoo.com
MARKET COMMENT The buyer’s market in Summit County continues as a result of low interest rates combined with a high inventory. Savvy, well-informed buyers continue to take advantage of these conditions.
