The op-ed piece by Nicholas Krist of of the New York Times yesterday speaks to the importance of not losing touch with nature (see “How to lick a slug “). His essay takes me to the conclusions of my recent discussions in buying resort property, particularly in Steamboat Springs, Colorado and the Yampa Valley area. One of the important attributes of investing in real estate is not only real, but intrinsic value of such property, or intangible value, if you will. If you were to weight the reasons to invest in Steamboat Springs, love of the outdoors and Steamboat lifestyle would have to rank high in your thinking, aside from the purely financial analysis of investment.
There are incredible investment opportunities in real estate currently, but if you weight intrinsic value into the equation, you will be hard pressed to find better value than Steamboat Springs in the Rocky Mountains of Colorado!