Taos Real Estate Value Alert

Posted by Jim Kimmons, Broker/Owner • February 17, 2009 • Printer-friendly

I received a price reduction report this morning on a home in Ranchos de Taos that is now down 34% since it was listed. It has dropped $95,500.

I would consider it in value territory now, as this is the sixth price reduction in the 19 or so months it's been listed. Sorry, but MLS rules require a request for more details. If you're a subscriber, they are below. If not, it's free. SUBSCRIBE to protected content...FREE

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The listing history is below, and here is a link to the detailed listing report with images. Deducting for land value, this home is priced at under $100/sq ft.

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