Basalt Real Estate Market Update
It’s no secret that Basalt is one of the most desirable areas to live in the Roaring Fork Valley. Basalt is graced with a nostalgic Victorian charm where neighbors say ‘hello’, kids play in the park at the Old Train Depot, and visitors come from miles around for an all-inclusive mountain experience. From the small fashion boutiques, galleries and restaurants, to recreational activities including acclaimed gold medal fly-fishing, hiking, biking or boating at Ruedi Reservoir… this is a place where everyone wants to be.
If you are interested in buying a second home or relocating here, Basalt has a ton to offer! Just over one year ago, locals and new homebuyers weren’t surprised to see home values reach the million dollar mark given the proximity to Aspen and amenities of this quaint town. Today, two single-family homes are on the market under $500,000; four homes between $500,000 and $1,000,000; and 43 homes over $1,000,000! Neighbor-friendly Willits has also seen appreciation, and the build-out is introducing new eateries and shops, with much more on the way. Concerned with infrastructure and growth, the town of Basalt has intensified regulating new developments which further bolster values. Stop by our Basalt office on Midland Avenue, we’d love to show you the spirit of Basalt.
Brian Keleher, Basalt - “With more inventory of single family homes in the millions than we’ve ever seen, Basalt values continue to appreciate. With a mix of tighter regulations, tourism, charm and the promise of Whole Foods in Willits, value in the Basalt real estate market will only increase. There is no better place to invest for the long term.”