News and Views :: January 2023

One buyer in Colorado has circumvented ski town parking woes by purchasing a single parking space in the Vail Village for $195,000. Originally listed at $239,000, the space at the Village Inn Plaza hotel complex sat on the market for 115 days before being snapped up in December. The buyer will be responsible for an additional $1,700 a year in taxes and HOA fees.

The “rarely available” deeded 43-square-foot space, located just off the town’s South Frontage Road, offers reserved parking but not slopeside access. It is, however, just a few steps from a host of amenities including the town’s free bus service, which the listing was sure to point out. We’re guessing that’s what really sold it.