My husband and I have found a home that we just love, except for the view, or I should say lack of view. This property meets all of our criteria — it has a main floor master, high ceilings in the living room, an office in addition to the four bedrooms, a large deck and a two car garage. It is even furnished the way we like, and they are leaving almost everything! It is in a neighborhood we like, but this particular property has very limited views. One direction we would see another taller building, and the other direction we would have a view of a tiny open space, but no big views at all.
The living room and deck are pretty much west facing, and we like the morning sun. We think it is priced fairly and are considering purchasing it because we have not been able to find anything else that is this close to fitting our criteria list. Do you think we will regret it later if we don’t have the view or will forget about it once we move in and start enjoying the home?
Dear Limited View,
You pose a very interesting question. It is true that after some people have lived in a home for some time, they do not spend as much time looking at the view, but this is not true for everyone. Some people enjoy their view everyday they are in the home. If the desire for the “big view” is extremely important in a person’s life, they may suffer from feelings of claustrophobia or anxiety without being able to “see out” to their view (so to speak).
Of course there are always compromises and it is not unusual to give up something in order to get more important features. However, the morning sunshine and the view are not small items to consider for many clients.
This is a real estate agent’s gross exaggeration, but here goes: As a general rule of thumb for resale value, clients in the valley like south facing decks, driveways, etc. to get maximum sun, which is not necessarily true in warmer climates. Views are valuable but are also considered plentiful in this valley. It can usually be said that it is beautiful in every direction. Some clients like the big views and some feel exposed and prefer a more nestled-in feeling.
Location is important and very valuable but not always because of the view. Proximity to the ski slopes, town, bus routes and other amenities are all important in the resale market. Since we are a state and community that greatly values the outdoors and recreation, access to skiing, biking, walking, hiking, rafting, fishing and much more is always a consideration.
I guess the best advice I could give is go with your instincts. Price usually solves all issues, so if it is a below market view, hopefully you can get it for a below market price. And if you are flexible on when you need to have a home, use the motto that there is always another property in the future, just no guarantee of when or pricing. Once you have made the decision, go with it and embrace whatever choice you make. Best of luck to you.
Joan Harned is an owner and broker for Keller Williams Mountain Properties and heads up Team Black Bear, her own real estate team of qualified experts. Harned has been selling real estate in Eagle County for 27 years, is a past Chairman of the Vail Board of Realtors, past Realtor of the Year, past director on the Great Outdoors Colorado Board and a member of the Luxury and Land Institutes. Contact her with your real estate questions at Joan@TeamBlackBear.com, 970-337-7777 or www.teamblackbear.com