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Because of the diversity in home ownership opportunities in the Upper Arkansas Valley,
building costs vary, depending on size, style and location. Building costs shown
here do not include property costs, nor (in the case of manufactured homes) do they
include site work such as pad, foundation, etc., which average $30,000 +-.
Land prices in The Valley depend on location and amenities. The more desirous
locations, heavily wooded are obviously more expensive than the less desirable
locations. Raw land can be found with attractive views for as low as $3,000/acre
up to more exclusive properties which can range as high as $40,000/acre.
The Upper Arkansas Valley is one of a few rural communities in Colorado that offer such
a wide range of builders, prepared to accommodate all ranges of housing, including award
winning builders who have built multi-million dollar homes as well as many developers
who have designed highly affordable subdivision housing for substantially less than State
averages.
Home Style |
Low End |
High End |
Manufactured Home |
$35,000.00 |
$150,000.00 |
Custom Homes |
$85.00/sq foot |
$150.00/sq foot |
Log Homes |
$90.00/sq foot |
$200.00/sq foot |
Median Property Valuation |
STATE AVERAGE |
$166,600 |
Lake County |
$115,400 |
Leadville (city) |
$106,300 |
Twin Lakes (town) |
$143,800 |
Chaffee County |
$152,800 |
Buena Vista (town) |
$119,500 |
Poncha Springs (town) |
$133,700 |
Salida (city) |
$135,000 |
| |
Median Gross Rent |
STATE AVERAGE |
$671.00 |
Lake County |
$558.00 |
Leadville (city) |
$530.00 |
Twin Lakes (town) |
$568.00 |
Chaffee County |
$517.00 |
Buena Vista (town) |
$594.00 |
Poncha Springs (town) |
$481.00 |
Salida (city) |
$465.00 |
| |
Average Mortgage Payment |
STATE AVERAGE |
$1,197.00 |
Lake County |
$920.00 |
Leadville (city) |
$838.00 |
Twin Lakes (town) |
$1,000.00 |
Chaffee County |
$932.00 |
Buena Vista (town) |
$889.00 |
Poncha Springs (town) |
$927.00 |
Salida (city) |
$798.00 |
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