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Breckenridge Real Estate Blog

Olympic season makes us think of records set and records broken, and here in Summit County we are setting some interesting records. Inventory is as low. Like record settingly low. In the last seven years, the greatest amount of available listings for both Breckenridge and greater Summit County occurred in August of 2011. As of on February 9th, we have just over 17% of those listing numbers available. To be fair, summer is always the busiest season for real estate, but this gap is shockingly wide. If you are thinking about selling, this would be the time to jump.

For the majority of ski town dwellers, references to bulls and bears bring to mind the bull moose and brown bears we are likely to see while out hiking, but perhaps with this particularly

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Real estate is hot…so hot in Breckenridge that properties are literally under contract in days. You can't go wrong enjoying some of the finest skiing in North America. Get a hold of your mountain getaway before ski is over.

Here are Breckenridge Associates Real Estate Top 5 Real Estate Deals for February 2018.

92 Point View Drive
This Summit Estates Utopia features 8,341 square feet, five suite-style bedrooms, including two master suites, three full baths, two three quarter baths, and one half bath. Designed and styled with impeccable taste, this home also includes a spectacular great room, lower level rec room, billiards and bar area, exercise room, over sized office suite, indoor/outdoor spa room, generous mudroom, and a three car garage. A

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144 Broken Lance Drive #15, Breckenridge CO    Subdivision: Warriors Mark

New Listing in Warriors Mark

Beautiful two bedroom plus a loft just one block off of Main Street and one block from the Quicksilver Super Six-Pack chairlift. Warriors mark is a great subdivision, tucked in at the base of peaks 9 and 10. This unit has a beautiful new kitchen and bathrooms, new carpet, paint and furnishings. It is in excellent condition, so don’t miss out! Rents whenever you want to rent it, considering it is in a very sought after location. Nice Baldy Mountain views. The active HOA renovated the whole exterior two years ago, so no big assessments coming up. Two wood-burning fire places. Unique features. Big plus: Full-size washer dryer in unit! Rinnai tankless water heater never

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“Disappointment equals expectation minus reality.” -Chip Conley, Emotional Equations

Taxes are a reality.

Property Tax Assessment season is upon us. And while most of us love to think about the equity we have amassed in our growing market, few like to see that number reflected in the tax assessment- particularly when that number seems an unlikely or unsupported sale price for one’s home.  

However, Colorado ranks at the very bottom of property tax rates nationally- only Alabama and Hawaii have lower effective property tax rates. States like New Jersey and Texas have property tax rates four times higher than Colorado. (And, suspend your judgment about living in Texas or NJ- I spend time in both places and they have lots to recommend them. But no,

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Breckenridge Recreation Center

"Put your money where your mouth is?"   In Summit County, instead of do what you say, couldn't we riff on that slogan to mean put your money where you play.  Our county is a place of serious and unrepentant recreators. Studies show that all this play is not merely whimsical; from diverse studies including longevity, happiness, best-small-town, most-vibrant-arts-districts and even obesity, Summit County rates as an incredibly healthy place to live. The ski areas are the crown jewels, the golf courses legendary; the trail systems are practically mythical. (There truly exists a fairy forest. A quick Internet search will reveal more.) But there is one more ingredient in the special sauce — our rec centers.

From basketball courts to indoor climbing

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What’s better than celebrating the New Year surrounded by friends and family after a day of high country recreating? Doing it in your own home! With interest rates climbing but still near record lows, appreciation on a multi-year climb, rental demand steady, and on- and off-hill facilities that are built to please, what’s not to love about a Summit County ski home? What other investment allows you to create memories, host parties, store your recreational equipment, have a hot tub, prepare home cooked meals … even garner rental income? Try all that with your mutual funds!
View of the Breckenridge Ski Resort

Summit and Park County offer a diverse array of ownership options, for many budgets and lifestyles- from tradable timeshare options to hassle-free condo living with underground

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Breckenridge Sales by Realtor up to December 2017

2017 shaped up to be a fine year in Summit County real estate all the way around. The number of sales reached the highest point since 2007, and almost reaching 2007 volume, both in greater Summit County and Breckenridge specifically. We continue to follow the seasonal arc of a summer peak with pronounced but steady shoulder seasons, and we are seeing these sales numbers with an ever decreasing amount of available listings. Simple supply and demand tells us that in these circumstances prices will rise. And rise they did.

The impacts of tax reform: housing prices are expected to react negatively in highly taxed areas as the $10,000 mortgage interest deduction comes into play (maximum of $10k is allowable as a income tax deduction in the tax bill

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The best thing about the International Snow Sculptures? It’s difficult to pick just one thing. With 28 years of snow sculpting heritage here in Breckenridge, we can truly say it never gets old. The sculptures inspire a childlike wonder — they often seem to defy the laws of physics. The dedication of everyone focused on making the event happen, from the teams of volunteers to the 16 international teams, is inspiring. The art ranges from the abstract to the silly and the sculptures are on display for 24 hours a day from the start of sculpting through the end of the voting period. The sculptures look different under sunlight and electric lights, and are an easy post-dinner stroll. There are so many good reasons to visit.

The one drawback? In this writer’s

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Snowflakes are dancing and winter is in full swing. Hope that you and your families had a wonderful holiday season. As life gets back to normal, it is a great time to think of a great vacation spot…like Breckenridge! Start off the New Year with a mountain getaway.

Here are Breckenridge Associates Real Estate Top 5 Deals for January 2018.

583 SCR 672
The classic Colorado log cabin in the woods that is everyone's Dream! Serenely set among towering old growth Spruce, with mountain views. The home is easily accessible on a county-maintained road. Vaulted ceilings in the great room, with ample light and very bright. Two gas fireplaces to warm up on a cold winter day. There is a hot tub on huge, private deck and plenty of storage in the over-sized

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The Source Magazine is your go-to real estate information guide for Summit and Park Counties, provided by the expert team at Breckenridge Associates Real Estate. The Source Magazine will provide you with a snapshot of our current real estate listings and the real estate market in the area. Please stop by our Main Street location or call us at 970-453-2200 to meet with one of our real estate experts for up to the minute availability and to get to know our Home Town Team.

We have a demonstrable track record of commitment to our community. Our high percentage of return clients and referrals is a proud hallmark of our service. Each of our 16 Broker/Partners would be happy to help connect you with your next mountain home.

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