ML - Aspen Peak

Aspen Peak - 2017 - Issue 1 - Summer

Aspen Peak - Niche Media - Aspen living at its peak

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CLOCKWISE FROM TOP: Outdoor spaces are driving demand, says CBMM's Carrie Wells, pointing to the indoor/outdoor kitchen at 991 Moore Drive and the en plein air living spaces at 1953 Medicine Bow Road, which extend naturally from inside; the Lorrie Winnerman– represented 715 West Meadows Road flaunts the newest in mountain contem- porary design; Joshua Saslove says 1230 South Tiehack Road embodies the holy trinity: proximity, privacy, and views. ASPENPEAK-MAGAZINE.COM 115 up and down the valley this year that have gone under contract in less than 60 days. But there is not a lot of new construction available. Of 72 valley properties built so far in 2017, 33 per- cent are already under contract. In comparison, of the 475 properties built prior to 1990, only 14 percent of those homes are in escrow." compass .com/agents/aspen/doug-leibinger-team JOSHUA SASLOVE Douglas Elliman Real Estate "Aspen's market is experiencing an upswing in activity that started in the fourth quarter of 2016. Prices are steady, and buyers recognize the value. Buyers will become comfort- able with new price-per-square-foot thresholds across all market levels. Properties are consistently closing for over $2,700 per square foot, while some in Aspen's core are trading for almost double that. I predict this upswing to continue across the board." CARRIE WELLS Coldwell Banker Mason Morse "I'm seeing an increase in outdoor living spaces, which can include hot tubs, pools, fire elements, and kitch- ens—some even on rooftops. I'm currently marketing three new homes that have multiple outdoor living areas—some very public and some private—and one that even has an outdoor master shower. My last four transactions involve properties with these outdoor spaces. In one case, the buyer is adding even more outdoor entertaining space, including a full outdoor kitchen." LORRIE B. WINNERMAN Lorrie B. Aspen & Associates "The current state of the market overall is considerably stronger than last year. We are seeing previously unreached square-foot sales num- bers on properties in the Aspen core, the East and West Ends, and Red Mountain. The 'mountain contem- porary' look is in—and no matter how upscale the log or truss home is, it is considered passé." .

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