The Taos Ski Valley has had a year of many positive changes that we are excited about!! Moore Capital Management founder Louis Bacon has bought the Ski Valley for an undisclosed amount of money. But, he has revealed that he will be investing $350,000,000 in improvements within the Taos Ski Valley. This significant investment will improve one of the most beautiful & recognized ski areas in the world. Just this month TSV opened Kachina Peak with a chair lift, once only accessible by hiking is now accessible to anyone who rides the lift up reaching 12,450 feet to the peak. The new lift is one of the highest lifts in North America.
The great news for Real Estate investors is; if you own property in the Taos Ski Valley there is a strong possibility that your values will slowly improve over time. If you are thinking of buying real estate in or around the ski valley there are still opportunities for some “deals” and well-priced condos, homes or vacant land within the area. John Cancro, who is an expert in real estate as well as on the slopes, can help you navigate through the new and exciting terrain of Taos!!