EXHIBIT 23 CONSENT OF INDEPENDENT ACCOUNTANTS We hereby consent to the incorporation by reference in each Prospectus constituting part of the Registration Statements on Form S-8 (no. 2-96464), Form S-8 (no. 33-54429), Form S-3 (no. 33-52241), Form S-3 (no. 33-54007) and Form S-4 (no. 33-52245) of M.D.C. Holdings, Inc. of our report dated February 15, 1995 appearing on page F-2 of this Form 10-K. /s/ Price Waterhouse LLP PRICE WATERHOUSE LLP Los Angeles, California March 23, 1995