We (a group of dirt bike riders) were going to the Telluride area in the early 70's and looked at houses on the main drag that were priced at $7500. We needed a place to store our dirt bikes for the winter. Thought $7500 was a rip off. Had two friends who bought several of those houses and they hit paydirt....in about 1982 they told me they would never have to work again....AND they had done the same thing in Aspen in the 60's....bought empty land there for nothing and hit it big.