Total monthly cost of ownership
Cost to Own a Home in Ponderosa Park, Colorado
A $670,000 home here costs
$4,666per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,444. The real number is $1,221 higher every month — 35% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ponderosa Park against Elbert County and Colorado
| Measure | Ponderosa Park | Elbert County |
|---|---|---|
| Median home value | $670,400 | $664,600 |
| Median property tax | $3,062 | $2,981 |
| Effective tax rate | 0.457% | 0.449% |
| Median gross rent | — | $1,436 |
| Population | 3,556 | 27,152 |
The weather behind that power bill
Ponderosa Park sits in Elbert County, which averages a high of 87.2°F in its hottest month and a low of 9.9°F in its coldest, with 14.97" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 403 cooling and 7,024 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Elbert County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Elbert County
Full Elbert County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Ponderosa Park?
A $670,000 home in Ponderosa Park, Colorado costs approximately $4,666 per month with 20% down at 6.66%. That is $3,444 principal and interest, $255 property tax, $194 homeowners insurance, $213 utilities and $558 set aside for maintenance.
What is the property tax rate in Ponderosa Park?
Ponderosa Park has an effective property tax rate of 0.457%, based on a median home value of $670,400 and median real estate taxes of $3,062. That is in line with the Elbert County average of 0.449%.
What is the average home price in Ponderosa Park?
The median owner-occupied home value in Ponderosa Park, Colorado is $670,400, against $664,600 across Elbert County.
Is it cheaper to rent or buy in Ponderosa Park?
Rent data is not published for Ponderosa Park at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ponderosa Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.