Exhibit 23 CONSENT OF INDEPENDENT ACCOUNTANTS ---------------------------------- We hereby consent to the incorporation by reference in the Prospectus constituting part of the Registration Statement on Form S-8 (no. 2-96464) of M.D.C. Holdings, Inc. of our report dated February 10, 1994 appearing on page F-2 of this Form 10-K. /s/ Price Waterhouse - - -------------------- PRICE WATERHOUSE Los Angeles, California April 29, 1994