Glass House going up, up, and more up

What is a view worth? I thought it would be worth quite a bit and it looks like that turned out to be correct. In the past 24 hours two more units came on the resales market with great views. One of them would have been a very high floor city and mountain corner two bedroom and the other a very high floor one bedroom with mountain views.

These resale properties hit the market and were snatched up instantly with list prices reaching $600 per foot (This most recent listing was a two bedroom around 1240 square feet for $745K).

So what is a view worth, apparently quite a bit. Or maybe it is the ability to walk through the building and see the amenities, the pool, the lounge, and more. Reality can be alot cooler than concept. As Denver grows, evolves, and continues to develop the idea of having incredible views will always have an audience. But similar to the mountain towns, if you have a piece of something good and you sell it you might just be leaving yourself out in the cold. Folks who had their own ski in ski out locations and sold them might not be able to buy those back today.