A. Usability - Slow rolling terrain with open meadows is in bigger demand and usually costs more, because generally it has more building sites as well as being more suitable for horses. The steeper terrain has fewer building sites, but serves the needs of the more adventurous.

Water - Sells at a premium always and starts out on almost everyone's list of needs. Since those parcels of land are harder to find, they don't stay on the market long.
 

Location - the closer you are to large popular towns and ski resorts, the higher the land prices. You can expect to pay higher taxes in those areas as well. On the other hand, the more remote you are, the lower the price of land and the more difficulty you have in obtaining utility services such as electric and phone.

Q. What are some determining factors that go into the price of a home?

A. The square footage as well as the style are coupled with the age and amount of land the home is built on.

The quality of the flooring, appliances and any special appointments will also contribute greatly to the price.
Last but not least is the location, location, location.

Q. Why does 35 acres seem to be the most popular size for properties in Colorado?

A. In 1972 the State of Colorado passed a law that requires a minimum of 35 acres to file for a permit for a domestic water well. That is a well that not only serves the home, but is allowed to be used outside of the home, for the garden, lawn, washing cars, watering livestock etc. Exceptions to this are properties that were deeded prior to 1972 or properties with a water system that serves the whole development, that is part of the development.

Q. What is BLM land?

A. The Bureau of Land Management (BLM) was originally founded to manage and develop our timber and mineral resources as well as our grazing service on millions of acres of public held land. Today over 8 million acres are in Colorado for the use of recreation, wildlife habitat, grazing and mining among other uses. Some of this land can be accessed by motor vehicles, while other areas are closed to only foot traffic and horseback.

Q. What are protective covenants?

A. Protective covenants are in place on some properties generally to protect the value of your investment. By requiring such things as a minimum size for the house and no mobile homes and leaving the style of the house up to you.