Erik Cavarra

Your Aspen Snowmass Real Estate Expert

(970) 618-9733
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Erik Cavarra Places 313 Edgewood Under Contract in Snowmass Village

February 20, 2013 by ecavarra Leave a Comment

Erik Cavarra has just placed a beautiful 4 Bedroom Home Under Contract in Snowmass Village.

The Home is Currently Listed for $2.495m and is currently the Lowest Priced Home within the Woodrun Subdivision with Ski Access.

Great Views from this Mountain Contemporary Home in Wood Run.  Three Levels, Five Wood Burning Fireplaces, Outdoor Hot Tub, three levels, great rental income producing property.

Easy Ski Access to the Guggenheim Ski Trail and great potential for as-is or future development.  Strong Rental history and incredible views make this the most intriguing buying opportunity in Woodrun.

Market Statistics for Review:

  • $2m Offer is equal to $509.81 per square foot.

The Listing Price of $2,495,000 ($635.99), is equal to the AVERAGE SALE Price within Woodrun for the Last Year which is $634.36, and the next LOWEST Listing for inferior views and ski access is priced at $2,585,000 or $997.29 per foot. 

The next Lowest Listing Per Foot is also priced at $907.12 per foot or $3,350,000 also on Edgewood Lane.

Market Understanding:

A look at the (3) Three Closings within Woodrun for this Year:  Please find Attached Woodrun Sold Analysis.

  • $1.7m or $638.14 per square foot  (Ski Access & Tear Down)
  • $2,120,000 or $514.44 per square foot (No Ski Access and Great Views)
  • $2,650,000 or $750.50 per square foot (Great Location and Easy Ski Access)
  • Average Price Per Foot Sale: $634.36 per foot.

 

Currently, there are (13) Listings on the Market in Woodrun: Please find Woodrun Active Market Analysis.

 

Status

# Listings

List Volume

Sold Volume

List Price

Sold Price

Sale/List Price

Total SqFt

List Price Per Total   SqFt

Sold Price Per Total   SqFt

Agent Days On Market

Active

12

86,210,000

0

Low
Avg
High

2,495,000
7,184,167
12,900,000

0
0
0

0.00
0.00
0.00

2,592
4,631
6,580

635.99
1,489.23
2,619.29

0.00
0.00
0.00

65
279
958

Pending

1

3,295,000

0

Low
Avg
High

3,295,000
3,295,000
3,295,000

0
0
0

0.00
0.00
0.00

3,513
3,513
3,513

937.94
937.94
937.94

0.00
0.00
0.00

375

 

List Number: 117310
Type:

Single Family

Area: 02-Snowmass Village
Major Area: Snowmass Village
Sub/Loc:

Wood Run

County: Pitkin
Bedrooms: 4
Baths:

4

Baths – Half: 1
Baths – 3/4:

4

Lot Size: 22,001 – 32000
Acreage: Refer to Lot Size
Garage: 2 Car
Furnished:

Yes

List Price Per/SF:

635.99

Lv Ht SqFt: 3,923
LvHtSqFt (Abv Grnd): 3,923
LvHtSqFt (Blw Grnd):
Unfinished SqFt: 0
Total SqFt: 3,923
Pt/Dk SqFt:
Garage SqFt: 468
Lot SqFt: 31,656
Nbr of Acres: 0.73
Year Built: 1969
Year Remodeled: 2004
Zoning:

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News

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Erik Cavarra

Erik Cavarra

Your Aspen Snowmass Real Estate Expert
(970) 923-0817 Office
(970) 618-9733 Cell
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