120 NE Fir Avenue, Cedaredge, CO, 81413
About This Home
Outstanding corner lot opportunity in Cedaredge! This 0.34 acre parcel offers excellent visibility, easy access, and a desirable in town location. The property already features a finished 392 sqft studio with loft, providing immediate usable space for an office, studio, workshop, storage, or a variety of other potential uses. Utilities are all to the property but need purchased and hooked into. Large storage shed also comes with it. Positioned near downtown shops, restaurants, and community amenities, the property presents exciting possibilities for commercial, mixed use, or investment development, subject to zoning requirements. A rare opportunity to secure a prominent lot with existing improvements available in the heart of the Surface Creek Valley.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2012
Materials
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
- Property subType: Stick Built
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
Heating
- Heating features: None
Interior Area
- Total structure area: 392
- Total interior livable area: 392 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 319320112001
- Zoning description: Industrial,Mixed-Use,Residential Single Family
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.34 Acres
- Features: Corner Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $68 | $816 |
| Property Taxes | $327 | $3,924 |
| Electricity | $186 | $2,232 |
| Total | $1,591 | $19,092 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Price change | $199,900 |
| 2026-06-12 | Listed for sale | $209,000 |
| 2020-06-02 | Sold | $25,000 |
| 2020-03-11 | Listed for sale | $39,000 |
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