Among the many benefits our Broadmoor homeowners enjoy is proximity to an iconic hotel with a rich and fascinating past. The Broadmoor was founded in 1891 as a gambling casino and hotel. It was transformed into a ‘luxury resort’ in 1918 by gold and copper mining magnate Spencer Penrose
We are happy to report that 2016 was a strong year – especially for properties in our Broadmoor neighborhoods. One clear sign: our sales were up 16 percent for 2016 over 2015. Seventy percent of those sales were Broadmoor Properties’ listings. Forty-three percent of properties sold for $1 million or more.
Here at Broadmoor Properties we share the real estate industry’s optimistic outlook for 2017. Our local economy is experiencing impressive growth. Realtor.com ranks Colorado Springs as #11 on its list of top metro areas and predicts the city will see both price gains (5.8 %) and overall sales growth (6.3 %) in the year ahead.