Colorado Dreams
Keats Ann Scott, CRS
I can send you a list of everything currently for sale in Summit County, just ask.
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Colorado Dreams |
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Keats Ann Scott, CRS |
I can send you a list of everything currently for sale in Summit County, just ask. |
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Colorado Dreams
PO Box 2808
800-571-1091 |
Colorado Dreams Broker July 2007 Newsletter~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
in this issue Fourth of July in Summit County- what did you want to do? There were fireworks in Frisco. Live music in Breckenridge, Frisco and Dillon. Parades in Dillon, Frisco and Breckenridge. Kids water fights in Breckenridge, Ice Cream Social in Dillon, Pancake Breakfast in Frisco and Bike Parade in Keystone. Too many choices - how about just relaxing on the deck? Summit County is a great place to be no matter where you are. I hope you have a chance to experience it this summer. Second Home and Resort Conference~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ A couple weeks ago I attended a conference for brokers who sell second home and resort properties. It was very exciting because many of the traditional methods used by real estate brokers don't work for the second home market. An example is sometimes I never meet a seller in person- or buyer too (I've sold a few properties where the buyer didn't see it themselves until after closing). There were 450 brokers in attendance from all over the United States and other countries too. A great place to make contacts for referrals. The outlook for the second home and resort market continues to look good. The baby boom demographics one of the big factors. The National Association of Realtor studies show the reason they are buying is to relax and spend time with their family. That value is beyond any financial return, but appreciation doesn't hurt either. One out of four plans on making the home their primary in the future. Does that sound like you? Some trends that were interesting to me were the shared ownership (quarter shares of million dollar properties), cruise ship condos (always on the move with the view changing every day) and the international purchase. We do have some shared ownership properties in Summit County. If they have a program in place where you know what you are getting into, it can be a way to get a lot more for your money. Let me know if you would like to know about the shared ownership possibilities in Summit County. Update on my listings~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I do have a couple people talking about listing cabins in Heeney - the prices should be between $250K and $300K. Let me know if you want to know about them as soon as they come on the market. Two bedroom Summer Cabin Secluded feeling at end of privately maintained lane. 2 bedroom with one bath, around 600 sq ft plus storage building. Lots of aspen trees and lake views. The perfect property if you are looking for something to fix up or tear down and start from scratch. $180,000 More pictures on my web site. Spectacular Home overlooking the Green Mountain Reservoir Over 5000 square feet, on 20 acres at the north end of the Green Mountain Reservoir. Unsurpassed views of the lake and Gore Range. Three bedroom, three bath, a loft, office, library and family room. Three car attached garage plus another garage building. The home was built in 2001. It features a gourmet kitchen with Dacor 6 burner gas stove with double oven, plus a wall oven with warming drawer, Subzero side by side refrigerator, granite counter tops, built-in cabinets in the dining area and more. Big windows to catch the views. Great space for entertaining family and friends. This great home is listed for 1.4 million. Pictures or take a tour Two Acres on Green Mountain Reservoir The seller just called and told me to reduce the price to $385,000! Really neat land adjacent to forest service land which is surrounding the lake. Ready to build with well and septic for a four bedroom home in place. Give me a call to find out about this unique property. More pictures Heeney Business For Sale This is your chance. The liquor store and bait shop are for sale in Heeney! The price includes almost an acre of land, three buildings, the business and fixtures. The buyer will purchase the inventory separately. You aren't limited to liquor store and bait shop, B-1 zoning has lots of options. It's possible for the owners to live on the premises too. $350,000. More Info New Construction in Heeney Super home in the heart of Heeney. Three bedroom, three bath, family room and a two car attached garage. Big open living area and giant decks catch the lake views. Just up from the Marina on Green Mountain Reservoir. The home was just finished last year, come and check it out! This home is under contract due to close next week. Listed for $495,000 More Info Always for the latest information, check out the listings page on my web site. http://www.coloradodreams.com/listings.htm Other properties I have liked ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This month I thought I would look at price ranges and what is available without consideration to area or type of property (condo or single family etc). It was a very eye opening exercise. Our lack of properties in some price ranges and over abundance in others. This is all of Summit County. Here's the breakdown:
5 properties under 150K Here are a few examples of what you get in some of those price ranges. Under 150K A studio at Slopeside in Keystone. Right at the Mountain House lifts with under building parking. (I've heard of people buying there just to have the great parking space for the ski season). 379 square feet, top floor, priced at $149,900. Between 150K and 250K In the town of Dillon a one bedroom one bath condo in Chateau Claire 562 square feet, priced at $189,500. Walk to shops and the Marina. Between 350K and 450K Lances West in Breckenridge. Walk to the slops and town. Two bedroom two bath 1170 square feet on two levels. Sold fully furnished. $399,000. Last year $19,346 in gross rentals. Between 550K to 650K Half duplex in Silverthorne. Three bedroom, office, family room and three baths. Attached two car garage. 2216 square feet. Upgrades include solid hickory flooring, new kitchen cabinets and appliances. Gas fireplace. Fenced back yard. $595,000. Between 750K and 850K Ranch style home in Soda Creek (between Dillon and Keystone). Four bedrooms, three and a half baths plus breakfast nook and family room. Attached oversize three car garage with heated driveway. 3314 square feet. Priced at $789,900. Between 850K and 950K Four bedroom three bath home on wooded lot in Willow Creek Highlands (north end of Silverthorne). Massive river rock fire place and big log beams give this home a real mountain feel. Neat water feature in the back yard too. 3632 square feet with lower level rec room and attached 3 car garage. $895,000. Let me know if you would like more information on any of these properties. Interest Rates~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Rates are around 6.625% for a 30 year fixed loan. 6.25% for a 15 year loan. I work with lots of good lenders. If you would like to know what you can qualify for just give me a call or email and I'll put you in touch with some of them. Search the Summit County MLS~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can search everything for sale in the Summit County MLS from my web site at: www.coloradodreams.com/idx.htm Call me (or email) if you would like the latest list of everything currently for sale. Go ahead and forward this email on to any friends and family who are interested in Summit County Colorado real estate. Your referral is the greatest compliment you can give me. My toll free number is 800-571-1091 or 970-485-0793 or send an email to keats@coloradodreams.com.
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