Spring 2024 – Breckenridge CO Real Estate Blog and Market Update Posted on May 8, 2024 - 6:54 pm by Stacy Sanchez This blog post is titled Spring 2024 – Breckenridge CO Real Estate Blog and Market Update as we will share a few blog articles that have numbers and opinions in them, as well as what we’re staying busy with at the moment. We had snow a few days ago and the first of the spring flowers are already up around town. This is the time of year that a lot of folks call “Mud Season” as the snow begins to melt and the trails and ground begins to thaw and soften up, releasing the frozen moisture that has been trapped in the ice and snow for months. All of this mud gets on our shoes, our cars and it’s as simple as removing shoes before going inside. A good idea is to have a large rug and boot tray to catch drips and melting snow and mud from shoes and boots. The diehard skiers are still able to take a bus up to the base of Peak 8 and ski a good amount of runs while the mountain decides how long to stay open, as there is no set date as of yet. The ski area stays open through May, of course conditions considered and it can shut down any day. But, for now, skiers and riders can wear lighter clothes, enjoy warmer temperatures and push around some soft spring snow. Colorado Home Prices Remain Strong and are Rising According to a Summit Daily News article, the home prices in Breckenridge and Summit County are on the rise, at the least for the first part of the year. How it pans out for the rest of the year remains to be seen. Here are some stats from the article: “Single-family home prices in Summit County are up anywhere from 18% to 38% for the first quarter of 2024, according to various real estate data sets. According to an April report by Land Title Guarantee Company, the average price for a single family home between January and March of this year was $2,459,847 — an 18% increase over 2023. The report looks at actual recorded transactions at the county clerk and recorder’s office. For three years now, the average and median residential price in the county has been over $1 million, with the first quarter of 2024 seeing a “record number of residential closings (54%) over $1 million,” the report states. The Colorado Association of Realtors, a state branch of the national association, records market trends through data on its multiple listing service, which tracks real estate transactions that are conducted with licensed Realtor agents. Its reports show even larger gains. According to the association’s most recent market analysis, the average single-family home price year-to-date was $2,717,442, a 38% increase from the prior year.” Redfin Articles Discuss Colorado Housing Market Real estate search engine and industry leader, Redfin, has writeen a number of articles that discuss the Colorado housing market and are providing more numbers and data for you to analyze, should be interested in the trends and actual numbers. We understand that sometimes houses sell at prices for sheer proximity to the lifts, or command a higher price because of the views, and / or ability to short term rent. If you are new to our blog, we have wrtitten a number of articles that share links to the various towns and municipalities around Summit County and allow users to find the information they need to continue their search for the best property that will fit the needs of their family. if you can’t seem to locate those articles or links, click on blog, and then scroll through the headlines to find the ones that discuss the Short Term Rental (STR) restrictions and regulations. Silverthorne Home Prices Rising In the Colorado Housing Market Overview, it has Silverthorne home prices rising, just behind Golden, for the #2 spot in Colorado. Top 10 Metros in Colorado with the Fastest Growing Sales Price Golden, CO. 55.1% Silverthorne, CO. 36.8% This information comes as there is now news of no major metro areas prices decreasing. Housing Market Update: For the First Time in Nearly 2 Years, There’s No Major American Metro Where Home Prices Are Falling: Inventory is below typical April levels, driving home prices up. Continually rising mortgage rates are further eroding affordability–and this week’s Fed meeting confirmed that mortgage rates are likely to hold steady for the foreseeable future. And, while many thought mortgage rates may fall, they haven’t made the plunge that some buyers were hoping for. There’s a lot at work that goes into that, and this blog does not discuss those macroeconomic facts and variables. There are many sources for that, and this is not one of them. Breckenridge is Almost Out of Land Another variable for the future pricing of homes and land in Breckenridge and Summit include the overall inventory and how it’s running out. This will more than likely increase existing homes prices. Breckenridge and Blue River approach limit on residential development, as outlined by Upper Blue Basin master plan: Summit County is not too far from reaching the limit on new residential development in towns and unincorporated areas in the Upper Blue Basin. Breckenridge is currently at 93% of its residential build out — or essentially the amount of residential units the area can hold, as determined by locals officials — according to town staff. Blue River town staff members say they are at 91% of their residential limit. The estimated residential density for unincorporated parts of the Upper Blue Basin is reevaluated each year, and county staff say they are still finalizing the analysis for 2023. As of Dec. 31, 2022, unincorporated areas of Summit County in the Upper Blue Basin were at approximately 76% of the limit. Contact Us with Questions I know this is a lot of information, but some of our client ask for this data and this is just a sampling of what’s out there. We hope this helps you on your home buying or home selling journey. We are currently helping buyers find the right place and we have a couple of homes for sale in the Summit County area. Please use the form below or visit the CONTACT page for more information,. Notice: JavaScript is required for this content.
Keystone, Colorado Condo For Sale – Oro Grande Lodge #312 Posted on June 16, 2022 - 4:38 pm by Stacy Sanchez Location and Views New to the Summit County Real Estate market is this Keystone, Colorado Condo For Sale – Oro Grande Lodge #312. This unit is a two bedroom, two bath with lots of amenities and storage options. The living room and bedrooms have sunny south-facing windows that has the Keystone Resort as the dominant landscape. You’ll be able to look out the window and get a feel for how much snow is out there and how sunny it is at the moment. See the MLS Listing by CLICKING HERE Short Term Rentals Allowed Please refer to official documentation found on the Summit County government’s website:Keystone & Copper Mountain – The resort areas of Keystone and Copper Mountain and portions of the Peak 8 Breckenridge ski area are exempt from this moratorium. Source: https://www.summitcountyco.gov/1221/Short-Term-Rentals Resort Overlay Map: https://www.summitcountyco.gov/DocumentCenter/View/34090/Resort-Overlay-Zone?bidId= UPDATED: New Price Improvement + Furniture Package Value added furniture package newly delivered to the unit and ready for the next family to enjoy! Please see the following images and video to see the updated look and feel of the interior at this Keystone Condo For Sale – Oro Grande Lodge #312. Keystone Condo For Sale - Oro Grande Lodge 312Watch this video on YouTubeUPDATED Video: New Furniture Package Keystone Condo For Sale - Oro Grande Lodge 312Watch this video on YouTubePre-furniture unit tour. Living Room and Dining Area South-facing Balcony Deck The views from the balcony deck include views of Independence Mountain as well as Two Bedrooms and Two Bathrooms Owners will be able to wake up, drink their coffee or tea at the kitchen bar, or sit down at the dining table for a proper breakfast for a long day on the hill. Keystone has three mountains to explore (more on the resort below), so make sure you’re ready the day with the right fuel. Guests can use the hallway bathroom while the larger master bedroom has an ensuite bathroom accessed from inside the bedroom. Search the Summit County MLS We have the official MLS listing below, and also it has the most up to date information about properties int he area. Other sites may show out of date information or have other errors. See the MLS Listing by CLICKING HERE Bathtub is to the right in this image. Both bedrooms have closets and the dining area has a large closet for coats and other items. You won’t need to bring your skis up to the unit as there are lockers that guests and owners use to store their gear on the ground level. When you’re ready to leave, you won’t waste time digging out or brushing snow off your car as there is a heated garage that will have your vehicle ready to go. Outdoor overflow parking is in front of the building. More detailed information about the building follows. See the MLS Listing by CLICKING HERE Virtually Staged Images To give a better idea of what the potential for this unit is, we employed the services of a digital team and have the following images that shows the unit virtually staged. Oro Grande Lodge Searching for information about the building and I find the description from the Summit Resort Group, the organization that manages the HOA. This is a good summary, so I will share it here for you to get a snapshot of the building. ORO GRANDE LODGE – 22787 US Hwy 6, Keystone, COA fifty unit four-story condominium complex located in Keystone Colorado. Construction is pre-stressed concrete & frame. The exterior is stucco and the roof is asphalt shingle. The building is served by a common entry that accesses two elevators and a handicap lift. Units are accessed by common hallways on each level. Common areas include an attractive lobby area, an indoor pool with hot tub, an exercise room, laundry rooms, ski locker storage rooms, vending machines and a parking garage on the east end of the building.Exterior grounds are made up of attractive lawns, improved flower beds, natural areas and exterior parking. The following is a list of building amenities that are available to owners. This allows you to enjoy the mountains more as you can leave the maintenance and upkeep to the HOA. Indoor PoolIndoor Hot TubOutdoor Grill AreaLobby with Seating AreaFree Wireless InternetUnderground Heated Parking GarageCoin-operated Laundry FacilitiesSki Lockers Mountain View Plaza Across the street to the east is the Mountain View Plaza. This complex is home to a grocery store, liquor store, Dos Locos Mexican Restaurant, Subway, and Mountain View Sports. This provides owners and guests a convenient location for food and mountain rentals. You can find that this plaza is walkable as is the Mountain House Base Area. Keystone Resort shuttles provide access to the River Run Village and other area stops. Keystone Resort “Keystone Resort is a ski resort located in Keystone, Colorado, United States. Since 1997 the resort has been owned and operated by Vail Resorts. It consists of three mountains – Dercum Mountain, North Peak, the Outback – and five Bowls offering skiing at all levels.” Wikipedia Winter Trail Map If you click the link below, you’ll find a PDF of the winter trails at the Keystone Resort. They even have new improvements opening this winter as well. https://mountainhabitat.co/wp-content/uploads/2022/06/Keystone-Resort-Map.pdf Bergman Bowl Project From the Keystone Resort’s Facebook Page… “This winter, get ready to adventure further to new heights, and for the first time ever, experience lift-served access to Bergman and Erickson Bowls! In anticipation, we’ll be bringing the project to life all summer, showcasing the progress and stories #BehindBergman and photos and videos that will get you excited to be #BergmanBound this winter. With the construction of a new 6-passenger lift, the Bergman Bowl Express, 555 acres of high alpine bowl terrain will become lift accessible, including 16 new trails. And, 16 new trails mean 16 new trail names! So, to kick off the excitement, we’ll be sharing out custom Wordles every day on our stories so you can play along in revealing the new trail names. The one returning trail name is Jane’s Journey, so we’re sharing this one as a freebie to kick things off! Follow our trail name blog as we’ll be sharing all of the trail names as they’re revealed.“ Click the link for more information: https://www.keystoneresort.com/…/bergman-bowl-project.aspx Mountain House Base Area and Peru Chairlift The Mountain House Base Area received an overhaul a few years back. The Keystone Resort wrote a blog and shared some images and backstory to this area. It’s a nice alternative to the busy River Run Village. https://blog.keystoneresort.com/featured/the-making-of-peru/ Keystone Real Estate and Property We are longtime Summit County locals and know the different areas that are in and around Keystone, Colorado. We’ve helped families find new homes in the Keystone Ranch neighborhood, which is near the golf course and Keystone Stables. There are also homes to the east of River Run Village, on the way to Montezuma, a funky little town at the top of the road. Some locals really like the vibe and don’t mind the short drive up to this spot. Ask us how to find you the best place for your family’s needs. Breckenridge and Summit County Real Estate As longtime locals in Breckenridge, we are very familiar with the different neighborhoods, and have even recently sold new construction in the heart of the historic district. Please click here for the neighborhood blog and here for the new construction sale. Contact us to Learn More Contact us to learn more about how we will go to work for you and help you find answers to your questions and to help you find the next chapter in your family’s story. Notice: JavaScript is required for this content.
Breckenridge Homes and Land For Sale – June 2019 Posted on June 22, 2019 - 2:23 pm by Stacy Sanchez This blog is about the Breckenridge Homes and Land For Sale – June 2019 and is just a sampling of what’s on the MLS for Summit County, Colorado. There are numerous neighborhoods among the various mountain towns, but a lot of you probably know of just the famous ski resorts like Breckenridge and Vail. While a ski-in, ski-out property is what most originally dream of, with a little more homework, you’ll find that there are secluded properties that offer privacy, while downtown condos are all about location. Summit County Real Estate and Property Colorado’s playground consists of the mountain towns of Breckenridge, Copper Mountain, Dillon, Keystone and Silverthorne. Located right off of I-70, 60 miles west of Denver, Summit County is also home to the Breckenridge Ski Resort, Copper Mountain, Keystone Resort and Arapahoe Basin. Within an hour’s radius, there are 9 resorts accessible for skiing, snowboarding, and other snowsports. This mecca for mountain adventures is a prime sought after vacation destination for families from around the world. The proximity to Denver International Airport makes it easy to get to and from the Rocky Mountains in Colorado. Values continue to increase as inventory remains low. Top dollar listings are lasting days, so it pays to have a local realtor, like Dina Sanchez of LIV Sotheby’s in Breckenridge, on your side. This blog post shows Dina’s active listings, but also helps buyers find their dream home and property. Breck Condo For Sale: Sawmill Creek Condominimums 111 Breck Condo For Sale: Sawmill Creek Condominiums 111 A recent price reduction in this downtown breckenridge condo listing has increased the frequency of showings and interested conversations developing. Please contact us to let us know if you’d like to schedule a private showing, which will show you all the perks of the location. In the winter, a ski run takes you right to your door at the end of the day. Hop the bus or walk to the gondola as a warm up before hitting the slopes. In-unit washer and dryer are nice to have, as well as the separate bedrooms and bathrooms. Sleeper couch and turn key set up makes this a highly desirable rental property investment strategy. Just bring your toothbrush, everything else is already here! Breckenridge New Construction: Outlook on Discovery Hill – Highlands Neighborhood Breckenridge New Construction: Outlook on Discovery Hill – Highlands Neighborhood This new construction in the Highlands neighborhood guarantees that you’ll get a premiere location for your family when choosing property in Breckenridge. Located a short drive from the historic district in Breck, trails crisscross the land, so you could ride or hike into town from this area. You could also connect trails into the Golden Horseshoe, which is a historically popular area for strikes and miners attempting to find their share of the gold. Nowadays, there are numerous roads and trails that are available for OHV’s, mountain biking and hiking. And, that’s just the surround area near the property. Click the link below the pic above to learn more about the home! Breckenridge Land For Sale – 393 SCR 452 You are wanting a place that looks across at the ski runs at the Breckenridge Ski Resort? Well, this is your basecamp. Build your home and live the dream. Close to town and yet, secluded on the hillside with a few neighbors below and to the sides, but never will block your view of the Ten Mile Range. Contact Dina by calling 970-390-2343 to inquire more about this lot and any of the listings on this page, or to set up a presentation as to how and why you should enlist the services of Dina and the team at LIV Sotheby’s in Breckenridge, Colorado. Breckenridge Land For Sale – 393 SCR 452 Get Answers to Your Questions The area of Summit County is very diverse and the different mountain towns each have their own feel. Some properties for sale are downtown and close to all the action, but if remote and quiet is more your style, we can customize a search just for you. There are many neighborhoods near the Town of Breckenridge, so let’s talk soon and we can find your dream home or property. Sometimes you just want to build and get everything you want. It’s absolutely possible. Contact us to learn more. No pressure, we’re here to help you dream and wonder, and to ask yourself, what if you did buy that home in the mountains? What would your life be like then? CONTACT US
Solid Reasons to Buy and Sell in Summit County, Colorado Posted on April 16, 2018 - 6:53 pm by Stacy Sanchez Solid Reasons to Buy and Sell in Summit County, Colorado In this blog, we’re providing a list of embedded posts that explain a few Solid Reasons to Buy and Sell in Summit County, Colorado. We share from other sources on our own Facebook page, so please follow us to learn more about the best of Breckenridge has to offer. Did you know we have hundreds of miles of high mountain mining roads and singletrack to explore? Plus, if you do get hurt, know that you’re in a good place to reach high quality care, with our hospital receiving high accolades. And, you’ll travel between Denver International Airport, one of the top 30 in the country. Breckenridge Real Estate and Property Search – Summit County MLS It’s easy to find reasons to want to spend time here, or be able to offer your property to others, we have the resources and the community knowledge to provide you the best recommendations when buying or selling homes in the Breckenridge area. For those considering an investment piece, we are working with local property management companies for revenue projections and property care and maintenance. Securing a proper business strategy is a must for any serious property investment plan. We can help you find the right partners for your property needs. A quick hit list of mountain bike trails to look up include Boreas Pass Road, the Peaks Trail and the Flume Trails. Send us a message with any question about biking in the area. We love riding bikes when we can. The video above shows a familiar scene in April, and that’s snow. Wet and heavier snows fall, but it’s warmer. So it’s melting off faster when the sun comes out. And when the sun comes out, it can feel hot. Well, I think so, at least. And below is a link to an article about why DIA is good to travel to and from. It’s also what helps bring so many families to Breck and Summit. Families visit the Colorado Rocky Mountains with dreams of powder days, dog sled tours and snowshoeing in a snowy forest. And, then in the summer, they want to hike, bike, and fish. But, now we offer so much more and everyone seems to be pretty healthy out here. Everybody is out doing their own thing, and that’s the beauty of it. There’s enough space and opportunity to find quiet nooks and crannies over the years spent up here. It’s great to have so many choices. A major plus is having a stellar Search and Rescue Group, Emergency Personnel and Community Resources when it comes to accident response. Ongoing care with specialists might require a visit to the front range or west to the Vail Valley, but it’s only an hour drive or so. Emotional reasons are easy to bring out, but when it comes down to it, the bills need to get paid. So, click on the article below to read about how Breck is on record pace for STR growth with increasing profits for owners. Ask us about this hot market and how to take advantage of our popular resort area to make the most of your investment. If you’ve made it down the blog this far, you deserve a reward. Thank you for reading, and to share a favorite of ours, head over to downtown Frisco and go to Bread + Salt and have a late breakfast or brunch. It’s so yummy, and in the summer you can sit outside near Main Street with views of Peak 1 and Mt. Royal. Get Answers to Your Questions The area of Summit County is very diverse and the different mountain towns each have their own feel. Some properties for sale are downtown and close to all the action, but if remote and quiet is more your style, we can customize a search just for you. There are many neighborhoods near the Town of Breckenridge, so let’s talk soon and we can find your dream home or property. Sometimes you just want to build and get everything you want. It’s absolutely possible. Contact us to learn more. No pressure, we’re here to help you dream and wonder, and to ask yourself, what if you did buy that home in the mountains? What would your life be like then? CONTACT US Notice: JavaScript is required for this content.
4 Reasons to Sell Your Home in Breckenridge Posted on April 21, 2017 - 1:53 pm by Stacy Sanchez Homes For Sale in Breckenridge Today’s post is all about 4 Reasons to Sell Your Home in Breckenridge. We will go over some ideas about why now is a great time to put your home or property on the market. But, do we really need to convince you? If you’re here on Mountain Habitat, the chances are good that you’re considering making a move somewhere, or merely curious about how much your home is valued at. The emotional part of you brought you here, and now we’re happy to share some concrete, and more rational ways of thinking about your current situation. Perhaps it is time to sell. Let’s talk about the overall market for a minute first. Summit County Real Estate If you haven’t heard yet, let us be the first to tell you that the mountain real estate market is very diverse. From historic buildings to modern construction, you have your choice of building types and structures. Then, today’s buyers are looking for different things. Not everyone wants a downtown Breckenridge condo. That’s a great rental investment, but for those families looking for a home to share, or to have all their own, the options are always changing. It pays to work with a local realtor, as items that sell quickly make get mentioned between the office members, and we are a part of the Keller Williams, Top of the Rockies branch, with offices in Frisco and Breckenridge. With that being said, let’s go ahead and give you a link right now to start the conversation about what your home value is. And, if you’d like, you can use those free tools that give you a guesstimate of what it’s worth. They are not accurate, and to start asking questions about your home, click here or the image below to be taken to a form where we can get some basic information. We’ll then contact you to follow up with more detailed questions. No obligation, just a conversation starter. 4 Reasons to Sell Your Home in Breckenridge The Time is Right – In fact, it’s never been better. It’s a seller’s market with demand being high, and inventory is low. Families are starting to think about a base camp for next winter. Your home or property could be it. Community Growth – Did you know 10,000 people a month are moving to the Front Range area? It’s a growing area, and 45% of our buyers come from the Denver region. The Front Range is considered the areas between Fort Collins in the north, all the way to Colorado Springs in the south. Interest Rates are Low – Mortgage rates are still historically low, and while prices are up, most people are eager to make the investment due to low interest rates. Time is money and if you lock in a good rate now, you’ll save money over time. It all adds up. Snow – You’re sick of the snow. And winter. This is the one emotional component of our four reasons. We can be rational all we want, but if your soul craves sand and heat, then maybe it’s time to the make the move. Change is a good thing and you can always come back to visit! Get Answers to Your Questions CONTACT US Notice: JavaScript is required for this content.
3 Steps to Live the Dream in Colorado Posted on April 12, 2017 - 8:53 am by Stacy Sanchez Find Your Mountain Habitat in 3 Steps Welcome to Mountain Habitat and today’s post is titled, “3 Steps to Live the Dream in Colorado.” We are a Breckenridge-based realtor and property services company that specializes in real estate in the Colorado Rocky Mountains. If you’re wondering who we are, or how to contact us, then please use our menu links to show you the areas we serve and the opportunities that are present in our community. If you’re a local homeowner already, we can assist you with home valuations and walk you through the steps of preparing a home to be listed. This blog is a short and sweet bit of advice that we’ve come up with to help you narrow down the best place for your mountain habitat. So, we’ll get right to it. These are the 3 steps to Live the Dream in Colorado. It’s the most simple way we can recommend to help you find the right home. Love – The first step is acknowledge what you love doing and dream about. What part of the mountains do you love being near, that allows you to do something you love? Some people love skiing. Other love walking their dogs on a shoreline because they grew up by the water. Others love cooking and entertaining, so a large kitchen and commercial-grade appliances will be required for any home they’re considering. What do you absolutely love doing the most? Got it? Good. Now, we can apply this to the next step. Lifestyle – What kind of lifestyle do you want? A short walk to the lifts, or a secluded retreat that is best for quiet moments? Where do you want to spend the most amount of your time? In your dream, what kind of life do you live? This is what we need to move on to the final step. Location – . If you love skiing and mountain sports, then you might’ve heard how Summit County is known as “Colorado’s Playground.” With world-class ski resorts nearby, you will only have to choose which mountain you should go that morning. Some homeowners may want to be closer to I-70, while others may want be further away. You can choose between large panoramic vistas, or cozy riverside locations with lots of trees. What’s your ideal setting? Once you have at least begun to become aware of these items, we can then work with those variables with you on buying a home in Breckenridge or Summit County. We know and understand that your home should fit with your personality and pursuits. Those are our 3 Steps to Live the Dream in Colorado. Community Information We’ve included pages about the local region, and have descriptions of Summit County, Park County, Eagle County and Lake County. Please explore the differences and then get in touch with us to have questions answered. Tools and Resources This Blog – Please check back for updates about mountain homes and related community information. Map Search – Use the polygon tool, or radius search, to find listings in a specified area. Home Valuation Tool – Find out how much your home is worth. Just a starting point, and you should contact us to get a validated report. Mortgage Calculator – Plan ahead for your expenses and budget. Personal Consultant – Talk to us about current market conditions and local knowledge not found on the web. Featured images in this post courtesy of Kay Beaton Photography. Get Answers to Your Questions CONTACT US