Telluride wants more regular folks to live near Oprah and Tom
My favorite Colorado newspaper, the Telluride Daily Planet, had some good news Friday: The home of Butch Cassidy’s first bank job is doing what it can to see that folks don’t have to be named Oprah to live there.
Affordable housing is the town’s top priority in 2017, despite the progress it’s already made, reports senior staff writer Justin Criado.
The town of 2,400 is special by any measure, but particularly so among Colorado’s best ski towns, a place where the rich and famous still live among real cowboys and occasional miners (OK, bartenders and garage band members).
The Daily Planet reports town fathers hope to grow Telluride’s cache of 330 affordable housing units to nearly 400 this year. The town has helped provide 170 relatively affordable new homes since 2000.
In addition, town voters in November passed Ballot Issue 2D, a $4.2 million bond issue to build underground parking, an arts center and a boarding house that can accommodate 46 people.
In October, Telluride held a lottery for 52 qualified households for eight units at the Spruce House condominiums a few blocks from the ski gondola.
Prices ranged from $136,500 for a one-bedroom unit to $345,000 for the three-bedroom unit, the Daily Planet reported.
Government isn’t picking winners and losers in tony Telluride. That contest is over. Tom Cruise and his $59 million love nest won. Now elected leaders just want to preserve a spot on the bench for those who wax skis and plow snow.
According to the real estate website Trulia, homes listed for sale in Telluride through December average $2.3 million and about $1.5 million in all of San Miguel County and $505,600 for all of Colorado.
That compares to $95,000 in neighboring Dolores County. Unfortunately not everyone wants to commute 30 miles through the mountains from Rico, even though the town was named with the Spanish word for rich.
Rich folks moving in, driving up home prices and flushing out regular folks is such a problem in Colorado that our wittiest native sons (sorry, Tom Tancredo) turned it into satire on “South Park” in a controversial episode called “Here Comes the Neighborhood,” that equated class and race.
Kudos to Telluride for pushing back.

