Silver Pick Condominiums is my number seventh rated community in the Condominiums Under $450,000 Category with a rating of 5.95/10. The homes are located about one mile from the Purgatory Ski Area and 27 miles from the Durango City limits. These one and two bedroom homes are located in the tall pines. If you like hiking, skiing, and other outdoor activities, this is a great place to live. As with most condominium communities north of town and near the ski area, vacation rentals are allowed. There is a vacation rental office and a restaurant located in the community. Silverpick condos sold in the $229,000 to $535,000 range during 2021/22, with an average price of $352,000.
Five reasons that you’ll want to buy a home in the Silver Pick Community:
- Close proximity to Purgatory Ski Area
- You can rent your unit when you are not using it
- Restaurant and vacation rental office in community
- Prices represent a good value
- Lots of open space and tall pines
| Attributes | Comments | Rating 1-10 |
| Quality of Roads | All paved | 10 |
| Distance to Town | About 25 miles north of town | 1 |
| Snow Levels | High | 2 |
| Yard / Patio Size | Patios out to natural landscape or small decks on upper units | 7 |
| Proximity to Schools | 20 minutes to elementary, 28 minutes to middle and high schools. School bus service available | 2 |
| Natural Gas Availability | No, units are all electric | 1 |
| Road / Other Noise | Moderate road noise from Hwy 550 | 3 |
| Proximity to poorly maintained homes | Most homes in the area are well maintained, a few poorly maintained | 8 |
| Views | Some upward mountain views and surrounding open space, views obscured by trees | 4 |
| Central Water/Sewer | yes | 10 |
| Age of area homes | 1980 and newer; most newer than 1995 | 8 |
| Value for Your Money | Good Value | 8 |
| Appreciation Potential | Consistent with area condominiums and townhomes | 5 |
| Ratings for Condominiums, Planned Unit Developments, and Townhomes | ||
| Floorplans | Homes have one and two bedrooms, floorplans are typical for homes constructed in the 1980s | 7 |
| Age of Community | 1984 | 5 |
| Interior Finishes | Standard, homes that haven’t been updated will need to be updated | 6 |
| Financing Availability | Conventional or local bank financing with 20% or more down | 7 |
| Landscaping | Basic around homes and well maintained, natural beyond homes | 7 |
| Garages | none | 1 |
| Owner Occupancy | Most units are second homes; some are long –term rentals and/or vacation rentals | 4 |
| Amenities | None; vacation rental office and Sow’s Ear Restaurant in community; located 1 mile away from ski area. Lots of trails and open space in surrounding area. | 7 |
| HOA dues | $378 to $590 per month; HOA dues in higher elevations are typically $100 – $300 a month higher than similar communities located in lower elevations. Dues are adequate to fund future capital improvements. | 6 |
| Average Ratings | 5.954 | |
