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Montrose Co Real Estate

Cinderella Homes – Do Neighborhoods Affect Montrose Co Real Estate Values?

The idea of progression must be considered to properly answer this urban legend. Progression is, "An appraisal principle that states that, between dissimilar properties, the value of the lessor quality property is favorably affected by the presence of the better-quality property." In other words, the appearance, value, and desirability of the surrounding neighborhood can and will affect...

Montrose Co Real Estate

Tom Cruise’s Telluride Listing to Up Montrose Co Real Estate Values?

With the recent listing of Tom Cruise's luxury Telluride property for $59 million, one might ask, "how will this affect the value of Montrose Colorado Real Estate?" This is a good question to ask considering this house is rumored to be the most expensive piece of real estate ever listed in Colorado real estate history. Of course, the entire State of Colorado was purchased in successions for pennies...

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