Nearly all townhomes in Aspen are part of a homeowners association (HOA), which governs shared responsibilities such as exterior maintenance, landscaping, snow removal, and sometimes amenities like hot tubs or shared garages. Carefully review the HOA’s financial health, reserve fund, and rules (CC&Rs). Pay close attention to monthly dues and what they cover—some HOAs include utilities or insurance, while others do not. Brittanie can help you assess whether the HOA is well-managed and if it aligns with your expectations and budget.

Aspen’s townhome inventory varies widely by location—some are steps from the gondola or downtown, while others are tucked into residential enclaves like East Aspen or Cemetery Lane. Consider how close the unit is to ski access, restaurants, shops, transit, and trailheads. Townhomes in the central core typically command premium pricing and rental potential, while those farther out may offer more privacy and better views. Think about your intended use—primary residence, vacation getaway, or rental—and choose accordingly.

If you’re planning to use the townhome as a short-term rental, confirm whether the unit is eligible under Aspen’s strict STR licensing program. Some HOAs restrict nightly rentals, and certain zoning areas prohibit them altogether. Units located in the Lodging District or within approved zones can generate strong seasonal income, especially during ski season and summer festivals. Brittanie can guide you through STR permitting, projected returns, and legal compliance to ensure a smooth investment path.

Townhomes in Aspen range from compact, modern builds to spacious, multi-level homes with private garages and rooftop decks. Evaluate the floor plan—number of bedrooms, en suite bathrooms, living spaces, and outdoor areas—to ensure it fits your lifestyle or rental audience. Privacy can vary widely depending on the development’s design: look for end units, well-placed windows, and sound insulation. Some newer townhomes also offer private elevators, smart home features, and luxury finishes.

Aspen’s limited land supply and high construction costs make townhomes a resilient segment of the local real estate market. They appeal to a broad buyer pool, including second-home owners, downsizers, and investors seeking turnkey properties. Townhomes in areas like West End, East Hopkins, or near Lift 1A typically retain value well. Consider design quality, build year, and neighborhood reputation when assessing future resale potential. Brittanie can provide data on appreciation trends and comparable sales in each townhome submarket.

In Aspen, where snow is heavy and space is at a premium, on-site parking and storage are crucial. Verify whether the townhome includes a private garage, covered parking, or designated guest spaces. Also consider gear storage for skis, bikes, or seasonal equipment. If you plan to live in the unit year-round, assess insulation, heating systems, and how the HOA handles snow maintenance. Townhomes with good winter usability and low maintenance requirements tend to perform better for both personal and rental use.