Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate - Blog Archive: 2011 | Page #7

Are you a buyer waiting on the sidelines for the bottom to hit on real estate pricing? It’s a tough position to be in, knowing when to make the move to buy. But you don’t want to be looking back in a year thinking “That’s when I should have jumped at the opportunity.” like many buyers do – looking back on what was a great buying opportunity.

While we can’t guarantee prices won’t fall more in the Breckenridge market, we can say buyers should consider focusing on the broader scope of a real estate purchase with a hard look at what’s happening in our market. Let's take a closer look at what we know in terms of real estate sales combined with what current interest rates actually mean to the bigger picture of the purchase.

Here’s what we know:
1.) Breckenridge…

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We’re really liking the newly opened Frisco Adventure Park Tubing Hill. Not only is it easy to access from anywhere in Summit County, but it has 600-foot tubing lanes, open Thursday – Monday this winter and until 8pm and is fun for all ages.

Some tips: reservations recommended. Call 970.669.2558. Or, visit the Frisco Adventure Park website for more information, including directions and pricing.

Save $5 this season by clicking on the Parents Handbook link and printing the coupon.

Click here for the latest news about Breckenridge Real Estate. http://www.BreckenridgeAssociates.com

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It was another beautiful display of snow art following the International Snow Sculpture Championships in Breckenridge late January, where 15 teams from around the globe got together to shape their 12 foot tall blocks of snow into a walking gallery of beautiful snow sculptures. This year, the art display was even kicked up a notch with new LED lighting, showing off the great detail of the sculptures after sunset.

"Team Budweiser" responsible for the Budweiser Sponsor's Gateway piece (shown below) had some familiar Breckenridge Associates Real Estate faces - Rob Neyland, Ron Shelton and Tom Day. They, along with team members - Aaron Kriss, Amanda Kriss Sara Thomas and Tim Schwander worked to create the beautiful Budweiser piece, featuring the famed…

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Our picks for Breckenridge's February Hot List focus on some amazing real estate deals in Breckenridge. Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.


1.) 112 Beavers Drive, Breckenridge is a bank-owned awesome deal. 6 bedrooms, 5 baths and a 4-car garage. Ski-in/ski-out in Breckenridge with more than 7,000 square feet of living space and is very competitively priced.
112 Beavers Drive, Breckenridge - $2,249,000

2.) Crystal Peak Lodge #7501, Breckenridge is a 4-bedroom penthouse located in the newly completed Crystal Peak Lodge at the base of Peak 7 in Breckenridge. Amazing views of the Ten Mile Range of…

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150 Single Family Breckenridge properties sold in 2010 with 23 pending in early January 2011
The sold stats show foundations with some framing of $120,000 in Quandary and up to $3,590,000 in Summit Estates, a higher end luxury estate neighborhood.

190 Condominium Breckenridge properties sold in 2010 with 17 pending in early January 2011
• Keep in mind 6 of these were the Water House properties – new construction sales located at Base 9 of the Breckenridge Ski Resort and offered at a special 40% developer discount.
The sold stats show prices start as low as $80,000 for a small one bedroom 1960’s Breckenridge Quandary condo and up to $2,690,000 for One Ski Hill Place, a new construction luxury slope side property.

60 Duplex/Townhome Breckenridge properties sold…

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Snow and ice can wreak havoc on roofs in our extreme winter climate if not properly maintained. Snow accumulation as we’ve experienced already this season causes heavy snow loads on rooftops, which can lead to leaking and result in an unplanned home repair. Poorly installed or malfunctioning roof heating elements can result in ice dams, which also require immediate attention to prevent damage to your home.

You can avoid these scenarios by hiring a company to help to keep your property’s roof in shape during the winter season, whether as a one time evaluation and solution of a problem or contracted monthly throughout the winter months. Heating elements, such as heat tape, need to be strategically applied to the roof and vary from home to home due to…

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January 25, 2011 marks the start of the International Snow Sculpting Championships in Breckenridge. Snow artists will spend 65 hours carving 20-ton blocks of snow into awe-inspiring masterpieces.

The artists come from throughout the country, around the world and even hailing from our own Breckenridge Associates Real Estate office with the event’s original team. The 16 teams will compete to produce impeccable works of snow art for the public to view and ponder the impossibility of many of the creations. New this year, the event will be cast under a LED-lighting display, illuminating the sculptures and giving a new perspective to the event. We highly recommend checking out the snow sculptures in the evenings throughout the event for the opportunity to see…

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62 Mountain View Drive, $439,000**CONTRACT PENDING (Blog Post updated on January 24, 2011)** – A Single Family Home listed slightly over $400K? What a deal! The Blue River just off your back deck, this 3 Bedroom/2 Bath home built in 2000, with a 2-car garage, has to be one of the best deals out there. Close proximity to Main Street Breckenridge, just 5 minutes south of town. Don’t let this one pass you by. **PENDING CONTRACTS MAY NOT LINK TO MLS LISTING**

The Atrium #306, $489,000**CONTRACT PENDING (Blog Post updated on January 24, 2011)** – 3 Bedroom/3 Bath plus Loft, right in town next to Carter Park and on the bus route. Underground parking, hot tub and owner financing! One of the best deals in Breckenridge for a large residence in a great location.…

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Here's that "Screamin' Deal" you have been looking for:

Spinnaker Condo on Lake Dillon. Totally Remodeled with Incredible Designer Touches to make this 2 Bedroom / 2 Bath Condo one of the nicest residences you will find in the Dillon, Colorado area. That's not to even mention the Spectacular Views!! Price just reduced to $395,000.

Spinnaker on Lake Dillon offers Assigned Underground Parking, Indoor Pool, Hot Tub and Sauna. The residence has a Gas Fireplace, Nice Sized Deck, and is Totally Furnished. This is the "Deal" you have been waiting for.


Dan Corwin, GRI, CNE
Broker / Partner
Breckenridge Associates Real Estate
970-485-2200
Dan@BreckenridgeAssociates.com http://www.BreckenridgeAssociates.com

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For the last week of 2010, residential sales continued on pace with the previous weeks around the Christmas holiday. All in all, the year ended very well. The number of sales for all of Summit County increased over 2009, and dollar volume was up as well. Click on http://www.summitdaily.com/article/2010101239988 to read an article in the Summit Daily News regarding sales in resort areas such as Summit County, Vail and Aspen.

This past week in Breckenridge for residential properties, there were 8 sales and 9 residences went under contract.

There were also 16 price reduction. Below are those of note:

Atrium #306 - 3 Bedroom/3 Bath Condo with a Loft. In Town right next to Carter Park, on the Bus Route, and walk to Main St. Originally priced at $525,000, Now…

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