Keats Ann Scott's Blog

Ice Castle in Silverthorne

2011-11-29T08:25:00.001-08:00

This is picture is taken from my Metro Brokers office

Across the street from my office in Silverthorne an Ice Castle is being built by Brent Christensen and Ryan Davis. It will be over 35,000 square feet, made of a series ice towers made of frozen water. Depending on weather it should be ready for tours in December. In fact they say it will change throughout the season.

This picture was taken on November 15th

This one November 26th - it is getting bigger!

The town of Silverthorne is sponsoring the ice castle. They will be selling tickets $10.00 for adults and $7.00 for children under 12 or $35.00 for the family.

Ten Things to Look Out for When Buying a Condo

2011-10-18T09:42:00.000-07:00

1. How much will you need to put down for a loan? In the current lending market you are probably going to have to put at least 25% of the purchase price down for a down payment.
2. Look at the condition of the complex. As a condo owner you will share in the common areas. Are they kept up or does it look like there is a lot of deferred maintenance that hasn't been kept up.
3. Pool, hot tub, clubhouse? Do you care if there are amenities? They will increase the association dues, but may increase your rentals too, if you want to rent out the condo.
4. Association dues, what do they include? Be sure to review the budget. Some associations like to keep their dues low and have special assessments for improvements or even necessities (like a new roof). Others believe in putting away money each month toward future improvements. Which would you be more comfortable with?
5. Be sure to read the home owners association minutes. Read past years also to give you some history on the complex. Is the association dealing with their issues or putting them off year after year.
6. Is there a current special assessment? Who is responsible for the payment. It's addressed in the real estate contract. In my experience the seller usually pays for the current assessment. Reading the minutes will give you a clue of future assessments.
7. Check out the Declarations, By Laws and Rules and Regulations. Make sure there are no rules you can't live with. Most associations have restrictions on pets. They may not be allowed at all, a restriction that only owners can have pets, or a restriction on the size or number of pets. A few complexes do allow tenants to have pets.
8. Does the complex have a first right of refusal? Some of the older complexes still have this requirement on their books. When an offer is made a letter goes out to the other owners giving them the chance to buy the unit at the same price and terms. It's very irritating for a buyer when they have negotiated a great deal and one of the other owners takes it up.
9. Rental restrictions. Some complexes have restrictions against short term rentals. They may allow rentals but they have to be with a minimum six month lease.
10. Occupant restrictions. Some condos are designated as "affordable housing" with a restriction that someone who works in the county at least 30 hours a week must be the occupant. When the price looks too good to be true it is probably one the those deed restricted units.
Lots of things to look out for when buying a condo. My job is to help you pick out a property that would meet your needs and then check out the documents.

Summit County Parade of Homes 2011

2011-09-17T10:09:00.000-07:00

The Summit County Parade of Homes is two weekends September. September 17th and 18th, 24th and 25th. Besides the homes it's a great time to visit Summit County to view the autumn leaves.

It's always fun to see the latest trends in building and decorating. Tickets are $10.00 which are good for both weekends, it benefits the Summit Foundation. On Friday the Realtors are invited to check out the homes, which is a fun but exhausting. The homes are spread out from Breckenridge to Montezuma to north of Silverthorne.

Normally the homes are all brand new construction, but this year several of the homes had been remodeled or had additions. That was particularly interesting to me - I see so many additions that don't make sense. I saw thirteen of the seventeen homes that were open.

This is a view of Breckenridge Golf Club from on of the homes.

It's fun to see the latest trends. Some of the homes had whole-home electronic systems to control the heat, security, music and TVs. I'm looking for the "fun" trends - like TVs built in to the bunk beds and showers that would hold several people! I saw them both.

TVs at each bunk bed!


Giant steam shower - big enough for a party?

Summit County Colorado Market Update

2011-02-15T15:14:00.000-08:00

I’ve been neglectful about updating the market information. What can I say, the holidays take over and then the first of the year stuff. Now back to work!

This is the time of year when we have the least number of listings in Summit County. If the property hadn’t sold last summer the sellers take the property off the market for the winter and rent it. Though this winter there is still a nice selection of properties and some of them seem like real good buys. Starting in May we will see more coming back on the market. Buyers are taking advantage of the great interest rates and in some cases motivated sellers.

Here’s the latest on Dillon

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are 13 units on the market. The lowest price is a one bedroom unit for $94,900. I haven’t seen prices that low in years. There’s a three bedroom two bath for $172,400. In the town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $189,000, it has a great location right on the shore. Prices go up to $850,000 for a three bedroom condo in Summerwood perched above Lake Dillon. Right now there are 65 condos and townhomes on the market in the Dillon area, 5 are pending and 55 have sold in the last year. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 39 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $320,000 for a bank owned three bedroom home in Dillon Valley. Five homes are listed for a million or more. The most expensive is a fantastic home with incredible view of Lake Dillon. It has four bedrooms and 4 baths with 3440 square feet and the price is $1,795,000. Seven homes are currently pending. Looking back over the last year, 50 single family homes and half duplexes have sold, the lowest price was $265,000, it was a half duplex in Dillon Valley and the most expensive sold for $ 2,591,000 a four bedroom home right on the shores of Lake Dillon.

Frisco

Here’s my update on the Frisco real estate market. Frisco is a historic town in the center of Summit County, located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 77 condos and townhomes on the market. The lowest price for a condo that is not deed restricted is a two bedroom unit in the Creekside complex for $234,000. Prices go up to $1,190,000 for a completely remodeled Lagoon Townhome. Thirteen condos and townhomes are pending and in the last year 83 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes thirty-five are for sale. The lowest priced is a three bedroom home for $479,000. Otherwise the prices range from $535,000 to $1,750,000. Currently 4 homes are under contract and in the last year 31 single family homes and half duplexes have sold with prices ranging from $410,000 for a 3 bedroom home to $1,900,000 for a four bedroom home built in 2008. There are three homes for sale with deed restrictions, the prices are from $239,900 for a two bedroom home and up to $349,900 for 3 bedrooms. The lowest sale price this last year was a deed restricted two bedroom half duplex which sold for $199,481.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Keystone

About once a month I do a market update of the different areas in Summit County. More properties are going to be coming on the market as the ski season ends.

In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $229,500, two bedrooms at $325,000. Not in River Run, but right at the Mountain House is Slopeside with studio units that start at $144,900. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Quicksilver complex there is a two bedroom unit that is listed for $314,900. The numbers for all the condos and townhomes in Keystone are: 207 active, 14 pending and 137 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $499,900. for a two bedroom Cabin in the Pines home and go up to $3,960,000. Right now there are 42 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months seventeen homes have sold. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is just one home for sale; $1,195,000 for a 4 bedroom home with over 4000 square feet.

Wildernest

In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $89,500; it's a studio unit in Riverbend Condos. Right now 83 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $679,000 for a new three bedroom townhome. Thirteen are pending and 95 have sold last year. Those prices ranged from $115,000 for a one bedroom Treehouse Condo up to $535,000 for a four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 91 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $499,999. The prices on homes range from $255,900 to $3,499,000. Ninety-six homes have sold in the last year, prices from $280,000 to $2,200,000.

You have many options in building sites in Silverthorne. Prices range from $153,900 for almost half an acre on the fairway at The Raven golf course and go up to $535,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to $6,300,000 for 156 acres at Slate Creek. There are small ranches north of Silverthorne “down the Blue” starting at $795,000 for a 4 bedroom home on 40 acres.
Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Heeney and Blue Valley Acres

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are four homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $179,000 and the highest $417,000. In the last year seven homes have sold per the Summit County MLS. The most expensive sold for $365,000.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are ten lots on the market. The prices range from $38,000 to $189,000. I’ve got a great 4 acre lot listed for $75,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are three homes for sale. I have one listed, a one bedroom cabin on over a third of an acre for $175,000. In vacant land there is a acre above the marina for $199,900 and two acres near Cataract Creek for $315,000. Follow the links to property info. In between the north end of the Green Mountain Reservoir and Blue Valley Acres is 9 acres along Highway 9 with a well for $59,900.

Frisco Market Update

2010-12-07T07:59:00.000-08:00

Here’s my update on the Frisco real estate market. Frisco is a historic town in the center of Summit County, located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 72 condos and townhomes on the market. The lowest price for a condo is a two bedroom unit in the Littlehorn complex for $199,000. There are 40 units for sale under 400K. Prices go up to $1,190,000 for a completely remodeled Lagoon Townhome. Seventeen condos and townhomes are pending and in the last year 82 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes forty-one are for sale. The lowest priced is a four bedroom home for $424,000. Otherwise the prices range from $449,500 to $1,750,000. Currently 2 homes are under contract and in the last year 35 single family homes and half duplexes have sold with prices ranging from $410,000 for a 3 bedroom home to $1,900,000 for a four bedroom home built in 2008. The lowest price was a deed restricted two bedroom half duplex which sold for $199,481.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Keystone Market Update

2010-12-04T10:02:00.000-08:00

Everyone is enjoying our early snow. I've heard reservations are up.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $230,000, two bedrooms at $345,000. Not in River Run, but right at the Mountain House is Slopeside with studio units that start at $154,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Quicksilver complex there is a townhouse style two bedroom unit that is listed for $308,000. The numbers for all the condos and townhomes in Keystone are: 224 active, 14 pending and 137 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $269,000. for a two bedroom cabin in Loveland Pass Village (walk to the slopes) and go up to $3,960,000. Right now there are 49 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months seventeen homes have sold. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is just one home for sale; $549,900 for a 4 bedroom home that used to be a bed and breakfast. There are several lots for sale; prices start at $169,000 for 27 acres above town with “backcountry zoning” prices go up to $385,000.

Silverthorne and Wildernest Market Update

2010-11-30T09:19:00.000-08:00

In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $114,900; it's a studio unit in Riverbend Condos. Right now 94 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $679,000 for a new three bedroom townhome. Twelve are pending and 91 have sold last year. Those prices ranged from $115,000 for a one bedroom Treehouse Condo up to $589,900 for a four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 117 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $519,999. The prices on homes range from $288,000 to $3,499,000, twelve. One hundred and two homes have sold in the last year, prices from $242,000 to $2,200,000.

You have many options in building sites in Silverthorne. Prices range from $147,900 for almost 1/3 acre in the Fox Valley at Raven subdivision and go up to $550,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to $6,300,000 for 156 acres at Slate Creek. There are small ranches north of Silverthorne “down the Blue” starting at $895,000 for a 4 bedroom home on 40 acres. There is a home on 314 acres up Cataract Creek Road for $2,900,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Late Fall Market update for Dillon

2010-11-29T13:54:00.000-08:00

It looks like it is going to be a good ski season- as least by the snow we keep getting in late November. Here's the latest look at what is happening in Dillon Colorado Real Estate

The lowest price for condos is usually in Dillon Valley East and West. Currently there are 17 units on the market. The lowest price is a one bedroom unit for $99,000. I haven’t seen prices that low in about four years. There’s a three bedroom two bath for $165,000. In the town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $189,000, it has a great location right on the shore. Prices go up to $899,000 for a four bedroom condo in the Anchorage complex, also right on Lake Dillon. Right now there are 78 condos and townhomes on the market in the Dillon area, 9 are pending and 54 have sold in the last year. The number of active listings is down about 33% which is typical for this time of year. If the property didn’t sell many sellers take the property off the market for the winter and rent it. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 48 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $325,000 for a three bedroom home in Dillon Valley. Six homes are listed for a million or more. The most expensive is a fantastic home perched above Lake Dillon in Summerwood. It has three bedrooms and 4 baths with 3440 square feet and the price is $1,895,000. Seven homes are currently pending. Looking back over the last year, 49 single family homes and half duplexes have sold, the lowest price was $265,000, it was a half duplex in Dillon Valley and the most expensive sold for $ 2,591,000 a four bedroom home right on the shores of Lake Dillon.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-three on the market. The prices start at $60,000 for a half duplex lot backing to wet lands in Dillon Valley to $340,000 for almost a third of an acre in Whispering Pines Ranch. Six lots have sold this past year with prices between $125,000 and $345,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Market update

2010-08-31T13:07:00.000-07:00

About once a month I do a market update of the different areas in Summit County. The number of properties going under contract seems to have increased a bit. Those are buyers who what their ski condo for the season. They are taking advantage of a lot of properties to pick from and great interest rates.

Here’s the latest on Dillon

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are 28 units on the market. The lowest price is a one bedroom unit for $109,500. There is a three bedroom two bath for $162,500! What a great price for a mountain condo. In th town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $199,000, it has a great location right on the shore. Prices go up to $899,000 for a four bedroom condo in the Anchorage complex, also right on Lake Dillon. Right now there are 118 condos and townhomes on the market in the Dillon area, 5 are pending and 65 have sold in the last year. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 77 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $300,000 for a three bedroom half duplex in Summit Cove. Eight homes are listed for a million or more. Eleven homes are currently pending. Looking back over the last year, 45 single family homes and half duplexes have sold, the lowest price was $265,000, it was a half duplex in Dillon Valley and the most expensive sold for $ 849,000 a three bedroom home in Summerwood.

New Heeney Tour on YouTube

2010-08-17T10:04:00.000-07:00

I've updated my tour of Heeney Colorado. It's a small community in the shadow of the Gore Range and on the shores of the Green Mountain Reservoir. Located at the far northern end of Summit County, Colorado. A wonderful spot for outdoor activities and to get away from the crowds.
Here's a list of some of the local highlights
Hiking Eagles Nest Wilderness area.
Camping, over 10 primitive campgrounds around the reservoir.
Fishing in the Blue River, the reservoir or at Cataract Lake a natural glacial lake.
Wind surf on Green Mountain Reservoir.
Water-ski Green Mountain Reservoir.
Jet-ski Green Mountain Reservoir.
Hang glide from the Blue Ridge above Green Mountain Reservoir.

Heeney is a small community of about 120 full time residents. In the summer the population swells, many of the homes are occupied during the summer. The businesses are orientated to the summer resort.

Heeney Marina is open in the summer. Their web site is www.heeneymarina.com.

The Green Mountain Reservoir is used for water storage. When full the elevation is 7950, here is a link to a state web site with information on current levels.

Green Mountain Inn restaurant and bar is currently closed.

You can get ice, some supplies and liquor at, Master Bait and Tackle.

Melody Lodge is a small convenience store and cabins located where the Blue River runs into the Green Mountain Reservoir.

Heeney listings update

2010-08-10T12:08:00.000-07:00

I just listed a newer home in Heeney. It has two bedrooms, a loft, den and game room and 1 3/4 bath. Great views and a garage, built in 2006 and I don't think I've seen a home with such nice finishes. Priced at $399,000. More info on my web site and below is the YouTube video.

New Listing in Tenderfoot Lodge

2010-07-19T12:15:00.000-07:00

I just listed this neat one bedroom top floor unit that's within walking distance of the Keystone Lifts. The price is $315,000. Here's a video.

Home Market Update

2010-07-13T14:10:00.000-07:00

Here’s an update on the home market in Dillon, Frisco, Keystone, Silverthorne, Heeney and Blue Valley Acres. We have lots of choices.

Dillon:

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 84 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $300,000 for a three bedroom half duplex in Summit Cove (five minutes to Keystone). Eleven homes are listed for a million or more. Five homes are currently pending. Looking back over the last year, 47 single family homes and half duplexes have sold, the lowest price was $265,000, twenty sold between 3 and 4 hundred thousand and the highest price was $849,000.

Frisco:

Frisco is a historic town in the center of Summit County located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street. Frisco is also the closest town to Copper Mountain Resort.

In single family homes and half duplexes sixty (double what was for sale this past winter) are for sale priced from $310,000 to $1,995,000. In the last year 39 single family homes and half duplexes have sold with prices ranging from $199,481 for a 2 bedroom deed restricted half duplex to $1,600,000 for a six bedroom home built in 2003.

Keystone:

Keystone homes and half duplexes start at $269,000. for a 2 bedroom one bath cabin in Loveland Pass Village (walking distance to the slopes) and go up to $4,500,000. Right now there are 56 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months seventeen homes have sold 9 of those were a million or more.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale; the lowest price is $514,000 for a 2 bedroom home right on Peru Creek.

Silverthorne:

Currently there are 153 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $524,999. The prices on homes range from $219,900 to $3,995,000, sixteen are pending. Ninety-seven homes have sold in the last year, prices from $242,000 to $1,865,000.

Heeney and Blue Valley Acres:

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are seven homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $239,000 and the highest $389,000. In the last year five homes have sold per the Summit County MLS. The most expensive sold for $286,500 it was a 3 bedroom 2 bath 1400 sq ft.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are eight homes for sale. (The most I can ever remember at one time) Prices range from $97,000 for a 1 bedroom bank foreclosure to $595, 000 for 3 bedroom 2 bath over 3000 square foot home. I have one listed that is a great 3 bedroom 2 bath almost right on the lake for $365,000. In the last year 4 homes have sold ranging from 230,000 for a 3 bedroom A-frame to $495,000.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Summit County Condo Market update

2010-07-02T12:04:00.000-07:00

Wow, I realized I hadn’t done a market update since March! Now there is a lot more on the market and with lower prices. It is possible to get financing on a resort condo, you will probably need at least 25 % down and good credit, but the interest rate will be good too. Here’s a snapshot of the condo market:

Dillon area:
The lowest price for condos is in Dillon Valley East and West. Currently there are forty-nine units on the market. The lowest price is a one bedroom unit for $109,900. I have a three bedroom with two baths listed in Dillon Valley East for $189,000. Here’s a link to more information and pictures of that condo. In the town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $189,000, great location close to the marina, farmers market and restaurants. Prices go up to $930,000 for a four bedroom condo in the Anchorage complex- right on Lake Dillon. There is a nice two bedroom in Anchorage West for $448,500 with lake views. I have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Frisco area:
There are 112 condos and townhomes on the market. The lowest price for an existing condo (not deed restricted) is a one bedroom unit for $219,000. There are 54 units for sale under 400K. Prices go up to $1,190,000 for a completely remodeled Lagoon Townhome. Nineteen condos and townhomes are pending and in the last year 78 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

Keystone area:
Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $235,000, two bedrooms at $385,000. Not in River Run, but right at the Mountain House is Slopeside with studio units that start at $154,900 (could be worth it just for the garage parking space). If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $287,000. The numbers for all the condos and townhomes in Keystone are: 243 active, 9 pending and 133 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you let me know.

Silverthorne and Wildernest condos:
In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $129,900; it's a studio unit in Riverbend Condos. Right now 168 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Five are pending and 106 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

Local Wildlife

2010-06-18T11:43:00.001-07:00

There's a eagle's nest on the shores of the Green Mountain Reservoir. It's fun to watch through the season, from when the eagle is sitting there in the middle of a snow storm in April to autumn when the immature eagles are hanging out in the branches of the tree. I took this picture this week. A neighbor was fishing off shore and could see two chicks (is that what baby eagles are called?) being fed in the nest.

Yesterday I was driving through Rocky Mountain National Park and came across this "Men's Club" of elk. Gosh it great to be in Colorado!

Lake Cabin

2010-06-10T08:24:00.000-07:00

Spring Time at Green Mountain Reservoir

2010-05-06T13:57:00.000-07:00

The ice is off Green Mountain Reservoir! Finally we have a real sign of spring after 15 inches of snow on April 29th. Don Abbott at Heeney Marina has the gates open if he is around to inspect the boats (I’ve already seen one out there), the official opening date for the Marina is May 15th. Sounds like fishing has been pretty good from the bank too.

The forest service has published their plan for the improvements. Here’s a link. They will not be putting in the electric power or water wells. They will be putting in host sites, adding and moving camp sites, making highway 9 improvements and putting in a boat ramp at Cow Creek South campground.

Proposed changes at Green Mountain Reservoir

2010-04-05T13:55:00.000-07:00

Last fall the forest service issued a plan to build a marina on the east side of Green Mountain Reservoir at Cow Creek South campground. That along with improving some campgrounds, adding water, dump station, boat storage, and other items would be paid for with a 1.3 million dollar stimulus grant.

Now the forest service as issued a draft environmental analysis of the project. You can see it at this link.

There is also a public meeting in Heeney at the community center (7000 County Road 30) on Thursday, April 8th at 5:30PM.

They are taking comments until April 15th.

Wildernest and Silverthorne Market Update

2010-03-08T14:25:00.000-08:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 100 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Seven are pending and 106 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 116 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $299,999 to $3,995,000, ten are pending. Eighty-five homes have sold in the last year, prices from $242,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $137,500 for almost 2 acres nine miles north of town and go up to $585,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to $1,875,000 for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $895,000 for a 4 bedroom home on 40 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,175,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Keystone Market Update

2010-03-06T14:21:00.000-08:00

About once a month I do a market update of the different areas in Summit County. More properties are going to be coming on the market as the ski season ends.

In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $245,000, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $210,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $289,900. The numbers for all the condos and townhomes in Keystone are: 187 active, 5 pending and 130 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $548,000. and go up to $4,500,000. Right now there are 50 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months fifteen homes have sold 11 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale, the lowest price is $669,000 for a 4 bedroom home which used to be a Bed and Breakfast. There are two lots for sale, prices are $419,000 for almost four acres and $499,000 for 5 acres at Webster Pass road.

Frisco Market Update

2010-03-05T14:54:00.000-08:00

Frisco is a historic town in the center of Summit County. Frisco is located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 65 condos and townhomes on the market, of those 19 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a one bedroom unit for $245,000. There are 23 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Six condos and townhomes are pending and in the last year 72 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes twenty-eight are for sale the prices range from $548,000 to $1,795,000. In the last year 36 single family homes and half duplexes have sold with prices ranging from $350,000 for a 3 bedroom “fixer upper” to $1,600,000 for a six bedroom home built in 2003. There is one half duplex that is “deed restricted” which means the occupant must work in the county, it’s a two bedroom listed for $204,481.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Colorado Market Update

2010-03-04T08:13:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The inventory is about the same as last month, but I see more properties coming on the market in the next couple months.

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are twenty-five units on the market. The lowest price is a one bedroom unit for $119,000. I just listed a three bedroom with two baths in Dillon Valley East for $199,900. Here’s a link to more information and pictures. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a one bedroom in the Yacht Club complex for $189,000, great location close to the marina, farmers market and restaurants. Prices go up to $930,000 for a four bedroom condo in the Anchorage complex- right on Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 54 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $324,000 for a three bedroom half duplex in Dillon Valley. Seven homes are listed for a million or more. Nine homes are currently pending. Looking back over the last year, 35 single family homes and half duplexes have sold, the lowest price was $294,200, sixteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-one on the market. The prices range from $149,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only two lots have sold this past year at the prices of $193,000 and $154,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Heeney and Blue Valley Acres Market Update

2010-03-02T15:28:00.000-08:00

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are five homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $213,000 and the highest $390,000. In the last year four homes have sold per the Summit County MLS. The most expensive sold for $272,000.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are thirteen lots on the market. The prices range from $39,900 to $189,000. In the last year two lots sold per the Summit County mls, the highest price being $75,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are four homes for sale. I have two listed, one is an A-frame with fantastic views for $255,000 and the one is just listed – 2 bedroom cabin on almost 3 acres for $399,000. Follow the links to property info. There is a building site for sale at $99,500.

Heeney and Blue Valley Acres Market Update

2010-01-26T11:11:00.000-08:00

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are eight homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $213,000 and the highest $399,999. In the last year six homes have sold per the Summit County MLS. The most expensive sold for $278,500.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are twelve lots on the market. The prices range from $46,900 to $189,000. In the last year three lots sold per the Summit County mls, the highest price being $75,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are two homes for sale, one is a 3 bedroom for $275,000 and the other is the cabin I have listed with an incredible view for $265,000. Here’s a link to that property info. There is a building site for sale at $99,500.

Silverthorne and Wildernest Market Update

2010-01-25T11:09:00.000-08:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 87 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Nine are pending and 106 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 119 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $289,000 to $3,995,000, ten are pending. Eighty homes have sold in the last year, prices from $278,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $137,500 for almost 2 acres nine miles north of town and go up to $585,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $895,000 for a 4 bedroom home on 40 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,175,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Keystone Real Estate Market Update

2010-01-23T11:04:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

We are getting new snow and skiing should be great. In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $250,000, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $215,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $289,900. The numbers for all the condos and townhomes in Keystone are: 165 active, 13 pending and 121 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 49 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months eighteen homes have sold 13 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale, the lowest price is $669,000 for a 4 bedroom home which used to be a Bed and Breakfast. There are several lots for sale, prices start at $390,000 for over an acre and go up to $499,000 for 5 acres at Webster Pass road.

Frisco Real Estate Market Update

2010-01-22T11:01:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The change I see this month compared to last month is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

Frisco is a historic town in the center of Summit County. Frisco is located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 70 condos and townhomes on the market, of those 22 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $144,900. There are 27 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Six condos and townhomes are pending and in the last year 64 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes twenty-three are for sale the prices range from $530,000 to $1,795,000. In the last year 33 single family homes and half duplexes have sold with prices ranging from $350,000 for a 3 bedroom “fixer upper” to $1,600,000 for a six bedroom home built in 2003. There is one half duplex that is “deed restricted” which means the occupant must work in the county, it’s a two bedroom listed for $204,481.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Colorado Market Update

2010-01-21T10:48:00.001-08:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are seventeen units on the market. The lowest price is a one bedroom unit for $119,000. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a two bedroom in the Yacht Club complex for $249,000, just a short walk to the marina, farmers market and restaurants. Prices go up to $930,000 for a four bedroom condo in the Anchorage complex- right on Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 52 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $337,900 for a three bedroom half duplex in Dillon Valley. Seven homes are listed for a million or more. Four homes are currently pending. Looking back over the last year, 38 single family homes and half duplexes have sold, the lowest price was $294,200, eighteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-three on the market. The prices range from $149,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only one lot sold this past year at the price of $193,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Holidays in Summit County

2009-12-21T11:01:00.000-08:00

The way you can tell it's the Holidays in Summit County is that there are no carts at the grocery store and the parking lot is full. Everyone does seem to be having a good time. We are all hoping for snow, but these sunny days are wonderful while they are here.

Bargain Hunting Summit County Real Estate

2009-12-18T09:35:00.000-08:00

I participated in a "true" exchange of a couple properties in Wildernest. That's the first time in 23 years in real estate. It's rare because the buyer of the new property had to come up with a lot of cash. He got a good deal, which has made me think of the other "deals" out there.

It really depends on the seller. Many have owned their property long enough that they are going to make money even if they take a big discount. Another seller may not be in that position. The only way to find out is to make an offer.

Buyers are taking the plunge and getting the bargains. It's interesting to look at the sales price to list price ratio. Traditionally it was 95 to 97% of list. I just checked on single family homes and half duplexes so far this year it's 93%, condos/townhomes 95% and on land 86%. Last year the condos and homes were 96% and land 92%.

Let me know if you would like to jump in. I can show you what the history of sales have been. Interest rates are great.

Heeney and Blue Valley Acres Market Update

2009-12-15T10:43:00.000-08:00

Heeney and Blue Valley Acres

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are seven homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $213,000 and the highest $315,000. In the last year six homes have sold per the Summit County MLS. The most expensive sold for $450,000. That was a three bedroom two bath home with 1617 sq ft perched above the Blue River.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are twelve lots on the market. The prices range from $46,900 to $200,000. In the last year three lots sold per the Summit County mls, the highest price being $75,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are three properties for sale, from a half duplex two bedroom for $239,900 to a 3 bedroom home for $275,000. I have a neat cabin with an incredible view for $265,000. Here’s a link to that property info. There is a building site for sale at $99,500.

Keystone Market Update

2009-12-14T08:22:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

We are getting new snow and skiing should be great. In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $249,900, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $215,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $299,900. The numbers for all the condos and townhomes in Keystone are: 162 active, 15 pending and 110 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 50 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months sixteen homes have sold 12 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale, the lowest price is $669,000 for a 4 bedroom home which used to be a Bed and Breakfast. There are several lots for sale, prices start at $292,500 for a quarter of an acre and go up to $490,000 for 1.85 acres.

Frisco Market Update

2009-12-12T10:19:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The change I see this month compared to last month is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

Frisco is a historic town in the center of Summit County. Frisco is located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 85 condos and townhomes on the market, of those 23 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $147,900. There are 32 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Seven condos and townhomes are pending and in the last year 61 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes thirty are for sale the prices range from $499,900 to $2,750,000. In the last year 31 single family homes and half duplexes have sold with prices ranging from $350,000 for a 3 bedroom “fixer upper” to $1,600,000 for a six bedroom home built in 2003.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Silverthorne and Wildernest Market Update

2009-12-11T09:29:00.000-08:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 106 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Eight are pending and 108 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

This year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 126 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $299,000 to $3,995,000, nineteen are pending. Sixty-nine homes have sold in the last year, prices from $278,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $137,500 for almost 2 acres nine miles north of town and go up to $585,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $999,000 for a 4 bedroom home on 20 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Dillon Market Update

2009-12-11T08:17:00.000-08:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are seventeen units on the market. The lowest price is a one bedroom unit for $129,900. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a two bedroom in Lodge at Lake Dillon for $250,000. That’s within walking distance to the marina, farmers market and restaurants. Prices go up to $1,099,000 for a four bedroom condo at Summer Ridge which has a breathtaking view of Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 51 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $337,900 for a three bedroom half duplex in Dillon Valley. Six homes are listed for a million or more. Eight homes are currently pending. Looking back over the last year, 31 single family homes and half duplexes have sold, the lowest price was $294,200, thirteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-six on the market. The prices range from $149,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only one lot sold this past year at the price of $193,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Good News for Home Buyers

2009-11-06T08:44:00.000-08:00

Congress has expanded the tax credit to homeowners who want to move into a new principal residence and extended the current credit till April 30, 2010. It doesn't apply to investment properties or second homes.

For the first time home buyer the credit continues to be $8000. the bill authorizing the credit was to expire at the end of November so this is really good news for buyers who hadn't taken advantage of the credit. The other neat thing about the credit is that it is possible to amend your 2008 tax return and receive the credit right away.

Now it pays to move for a current homeowner too. For the existing homeowner there is a $6500 credit, the buyer must have lived in the home 5 consecutive years out of the last eight. They don't have to sell the first property, but the new home must be a principal residence. The new home does not need to cost more than the old home.

There are income limits and the upgrade home can't cost more than $800,000. The National Association of Realtors put together a chart showing the changes and a Frequently Asked Questions page.

Blue Valley Acres and Heeney Real Estate Market Update

2009-11-02T10:55:00.000-08:00

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 24 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are nine homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $219,000 and the highest $399,999. In the last year five homes have sold per the Summit County MLS. The most expensive sold for $450,000. That was a three bedroom two bath home with 1617 sq ft perched above the Blue River.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are twelve lots on the market. The prices range from $49,000 to $200,000. In the last year two lots sold per the Summit County mls, the highest price being $65,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are seven properties for sale, from a small one bedroom cabin on two lots for $169,000 to a 5 bedroom home just steps from the lake for $550,000. I have a couple neat cabins for $275,000 and $395,000. Here’s a link to that property info. There are three building sites for sale, prices start at $99,500. After years of virtually nothing for sale now it the most I’ve ever seen at one time.

Silverthorne and Wildernest Real Estate Market Update

2009-10-30T10:47:00.000-07:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 123 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Eighteen are pending and 105 have sold last year. Those prices ranged from $110,000 for a studio condo up to $575,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

This year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 158 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $285,000 to $3,995,000, eighteen are pending. Sixty-four homes have sold in the last year, prices from $280,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $179,000 for almost ¾ of an acre on the 13th tee of the Raven Golf Course and go up to $619,000 for over an acre, both of those are in the Three Peaks subdivision. About 10 miles north of Silverthorne up Boulder Creek is almost half an acre for $119,900. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $980,000 for a 4 bedroom home on 40 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Keystone Resort Real Estate Market Update

2009-10-29T10:37:00.000-07:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

They are making snow at Keystone, the slopes are set to open November 6th. There’s still time to own your own condo this season. A buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $250,000, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $215,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $327,500. The numbers for all the condos and townhomes in Keystone are: 187 active, 20 pending and 103 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 50 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months sixteen homes have sold 12 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is one home for sale which used to be a Bed and Breakfast, it has 4 bedrooms and is priced at $725,000. There are several lots for sale, prices start at $229,000 for a quarter of an acre and go up to $499,000 for 5 acres about a mile south of town.

Frisco Market Update

2009-10-27T10:27:00.000-07:00

Frisco is a historic town in the center of Summit County. Located on the west side of Lake Dillon with lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 100 condos and townhomes on the market, of those 23 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio condo for $147,900. There are 41 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Seventeen condos and townhomes are pending and in the last year 41 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes fifty-one are for sale the prices range from $469,900 to $2,750,000. In the last year 29 single family homes and half duplexes have sold with prices ranging from $385,000 for a 3 bedroom half duplex to $1,600,000 for a six bedroom home built in 2003.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Market Update

2009-10-26T10:11:00.000-07:00

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are twenty-eight units on the market. The lowest price is a one bedroom unit for $127,000. In the town of Dillon near the lake there aren't as many condo options. The lowest priced is a two bedroom in Lodge at Lake Dillon for $250,000. That’s within walking distance to the marina, farmers market and restaurants. Prices go up to $1,099,000 for a four bedroom condo at Summer Ridge which has a breathtaking view of Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 66 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $298,900 for a three bedroom half duplex in Dillon Valley. Eight homes are listed for a million or more. Eleven homes are currently pending. Looking back over the last year, 29 single family homes and half duplexes have sold, the lowest price was $300,00, fifteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-two on the market. The prices range from $164,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only one lot sold this past year it was priced at $193,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Pumpkin Fest in Silverthorne on Sunday

2009-10-23T13:11:00.000-07:00

The town of Silverthorne is sponsoring the Whole Foods Pumpkinfest Sunday October 25th at 2PM. Pumpkins will be arranged on the lawn of the Silverthorne Pavilion, 4th and hwy 9 (across the street from my office) as if they were in a pumpkin patch. Each child will get to pick one pumpkin as long as supplies last. From 3 to 5 PM the Outlets at Silverthorne are hosting trick or treat. Sounds like a good start for Halloween week.

A beautiful drive into work!

2009-10-22T08:35:00.000-07:00

I'm so lucky to live here. This was my view of part of the Gore Range this morning after a couple rainy days.

Guide for Finding the Perfect Second Home Part 8

2009-10-20T10:36:00.000-07:00

Will the property qualify?
That seems like an odd question, but these days it’s the first thing that comes to mind when a buyer says they want a loan. Because of the new more restrictive lending rules properties that you could easily have gotten a loan a couple years ago are tricky now. One of the biggest changes is in condominiums. If the lender perceives that the property is a “condotel” they may not we able to make a loan on the property. Things that will give the lender the impression that the complex could be a “condotel” are a front desk, time shares and short term rentals in the complex. The lenders are going on the internet and searching for the name of the complex and if anyone is renting their unit they are saying it’s a “condotel”.

Even single family homes can have some issues. An example is if the value of the lot is too high in relationship to what the structure is worth. That seems odd, but if the property is outside of the cookie cutter world that the lenders like, then it’s much harder to get the loan. The lenders have investors who are funding the loans; the source for money has become very conservative.

If you property is an odd one, or even a condo it will still probably be possible to get a loan, but figure you may have to put more money down and the interest rate may be higher.

Guide for Finding the Perfect Second Home Part 7

2009-10-19T10:31:00.001-07:00

How much can you afford?
Maybe that should have been higher on the list – but its fun to dream. Many lenders are happy to make loans on second homes. Generally you will need at least 20% down payment. 30 and 15 year fixed rate loans are available along with adjustable rate loans. The rates will probably be a little higher than a loan if you were buying your primary home. The lender will look at all of your debts including the second home payment and association dues if applicable and compare those to your income. A good rule of thumb is the ratio between income and debts shouldn’t be more than 36%.

The interest rate you will be changed will depend on your credit score, how much down payment and the property.

Using a local lender can really save you a lot of headaches. They know the local market and idiosyncrasy of resort properties. I work with a lot of good lenders and can refer you to them.

You may qualify but with the property? Find out more tomorrow in part 8.

October in Summit County

2009-10-17T10:22:00.000-07:00

Yesterday afternoon I stopped by the home I have listed just north of Silverthorne on Lariat Loop, it was such a beautiful afternoon I had to take a picture of their view from the arbor. This is a three bedroom home on almost an acre listed for $545,000. There is more information at http://www.colorodreams.com/134lariatloop.htm

Guide for Finding the Perfect Second Home Part 6

2009-10-15T12:22:00.000-07:00

Which location is right for you?
Ski-in Ski-out? That’s where you will pay a premium price, but you can get more income if you are renting out the unit too (more on that in a future blog). There is the true ski-in ski-out where you literally take off your skis at the door and then there are the neighborhoods where you are a short walk to the slopes. You will have a lot more choices if you are willing to take the short walk. Some of the areas you might consider are parts of the town of Breckenridge, most of Copper Mountain Resort, and the River Run Village and Mountain House areas at Keystone.

Resort Living? That’s my term for a property that is a short bus ride away from the slopes or lake. You have the benefit of the resort location, yet the price of the property will be less. Summit Stage is a free bus service that makes frequent stops around the towns. Breckenridge, Keystone and Copper Mountain each have a bus service within the resorts.

In Town? Some people like to be within walking distance to shops, restaurants and parks. Breckenridge, Frisco and Dillon have many choices of properties in town. Silverthorne is a little more spread out, but the town is working on a bike and walking path along the Blue River. Years ago I sold a condo to a buyer in Frisco; she told me she had a choice of 15 restaurants and bars within walking distance of her property.

Outside of Town? Others would rather feel like they are in the mountains. I think Wildernest is the best of all worlds, lots of condos with lots of choices, forest service land within a short walk and yet town is just 10 minute drive away. They are some neighborhoods of single family homes out of town too. To give you an example of a few; above Silverthorne are Mesa Cortina and Government Small Tracts. Outside of Dillon are Dillon Valley, Summit Cove, Soda Creek and Whispering Pines. Outside of Breckenridge is Blue River (really an incorporated town, but no businesses), Silver Shekel, Crown, Highlands and many others. These neighborhoods are all going to be in a subdivision with the lot sizes usually between a third and one acre. Some areas have city water and sewer, the rest will be well and septic, most have access to cable TV and high speed internet and county maintained roads.

Really Outside of Town? In general the farther you get away from the slopes and Lake Dillon the prices go down. If you are willing to go north of Silverthorne to Heeney (24 miles) or Blue Valley Acres (29 miles) you will get more for your money. The same is true if you are willing to go south of Breckenridge at the base of Hoosier Pass in Quandary Village (also called Northstar). If you want a larger piece of land you will have the best selection north of Silverthorne among the 20 and 40 acre “mini ranches”.

One way to figure out which location is best is to think about what you like to do. Do you enjoy eating out, shopping and would like to be able to walk home after a night on the town? Would you like the flexibility of having a bus stop nearby so that members of your group can come home on their own schedule? Do you want to be able to leave your car in the garage and ride a bicycle or walk to your favorite activities? Would you like to be able to hike out your own back door?

Guide for Finding the Perfect Second Home Part 5

2009-10-13T11:04:00.000-07:00

There are four types of residential property.
• A single family home is a freestanding structure where you own the land around the home. The lot size can be as small as less than a 1/10 of an acre up to several hundred acres. Normally with a single family home you will be responsible for all the maintenance on the property. That will include snow plowing, landscaping and painting at least.
• A duplex is actually a half of a duplex. Normally each side in individually owned. There will be some land, with the lot line going right through the building. We have a few duplexes where are split between top and bottom, but most are side to side. There will be a recorded document called a party wall agreement which will address the responsibilities of each owner, such as insurance coverage and paint color to name a few. The two owners may go together to arrange for snow plowing and maintenance but it will be the owners expense.
• A town house is attached to more than one other unit. There may be a small piece of land besides the footprint of the building. Most of the land around the building will be common area. With a town home there is usually an owners association and association dues. The dues can cover as little as the insurance on the common area up to building maintenance including painting, snow plowing, landscaping, building insurance and more.
• A condominium will be more like apartment living. You will own the unit plus a share in the common area (hallways, parking lots, clubhouse, lawns, etc). There will be association dues; they usually include the maintenance on the building, snow plowing and shoveling, dumpsters for trash, common utilities and landscaping. At most complexes it also includes water, sewer, insurance on the building, and basic cable TV some include the heat and electricity. Some complexes have a clubhouse with pool and hot tub. The advantage is that you only have to worry about the inside of your unit. The home owners association will hire people or a property management company to do the maintenance on the outside and common areas of the complex.

Price reduction on Heeney Cabin

2009-10-12T08:52:00.000-07:00

Here's a picture taken this fall of Green Mountain Reservoir from the deck of this cabin. This two bedroom A frame can be your recreation headquarters, located just a block from the Marina on Green Mountain Reservoir, it is the perfect spot if you enjoy fishing, water and jet skiing, boating, hiking and skiing. The cabin has an open floor plan with one bedroom on the main floor, a loft and on the lower level a walk out basement with a couple more rooms. The price is now $265,000. You can see more pictures and info on my web site at http://www.coloradodreams.com/94happylanding.htm

Guide for Finding the Perfect Second Home Part 4

2009-10-10T12:32:00.000-07:00

Next you need to find a Realtor (of course in Summit County that is me). The Realtor needs to be someone that listens to you and knows the market. When you describe what you are looking for, I’m able to tell you what is available. Let me know your price range, size and location preferences, and any thing else on the “wish list”. Expand on what you want; an example is “private” what does private mean to you? You may have to be realistic too; I’ve had buyers who want a cabin on 20 acres backing to national forest. Maybe the property that works for you ends up being a condo adjacent to national forest, you can walk right out your door for hiking and cross country skiing. Summit County is a resort area, a lot of the properties are second homes, and the prices are like any real estate market – supply and demand. With 70% of the land in the county public, we do have a limit on what has and will be developed. Those factors tend to make our prices higher than some areas. If it ends up you are looking for an area that is less expensive then I can help guide you to by referring you to an agent in another area.

Guide for Finding the Perfect Second Home Part 3

2009-10-09T10:12:00.001-07:00

Early in the process of finding a property and using a Realtor the discussion of agency relationships should come up. In Colorado we have a disclosure form which explains the different agency relationships. There are three choices, Buyers Agent, Sellers Agent or Transaction Broker. I usually work with buyers and sellers as a Transaction Broker, which means I get the facts to both parties, but I am not an advocate for either. I can show you what has sold in the area because the sales information is public record. I can’t say why the seller is selling or anything about the sellers, but I will tell you everything I know about the property. The reason I work as a Transaction Broker is that many times I’m showing my own listing, Colorado does not allow Duel Agency. Don’t tell me anything you wouldn’t want me to be able to pass on to the buyer, seller or other agent. It is possible for me to work as a Buyers Agent, but not a good idea if you are looking at one of my listings.

Guide for Finding the Perfect Second Home Part 2

2009-10-05T10:28:00.000-07:00

Another big question is what kind of property. How you are going to use the property? Will you be up every week end or just in the summer or winter? What do you like to do when you are in Summit County, ski, hike, bike, sail or all of the above? Do you want to be able to leave your car and do your favorite activities from your condo, town home or single family home? Will kids be coming along too? Maybe a condo with a pool and clubhouse would be good so they would have lots to do. When you arrive on Friday night, do you want to be able to walk right in the property with out worrying about snow plowing and other maintenance? Do you want the property to be available for rentals when you aren’t using it? Lots of questions, answering them can really help narrow down the choices.

I can help by knowing your options here in Summit County. I think of finding the right fit between buyer and property as a logic problem. I’m a Realtor, but I look at my job as a counselor.

Guide to finding the Perfect Second Home Step 1

2009-10-02T09:44:00.000-07:00

I thought it would be good to start from the beginning to help buyers finding that perfect second or vacation home.

I used to say, pick a Realtor who knows the area. A lot of people don't want to make that commitment, or waste the real estate agent's time when they aren’t sure what they want. Now days with the internet there are ways to get to know a community before going there in person. One of my favorites is Google Earth, you can see the satellite views of almost anywhere and street views of many places (even Heeney Colorado).
View Larger Map I’ve used Google Earth to check out a Paris apartment and a beach house in Hawaii. Another source is the local chamber of commerce. Here’s a link to the Summit County Chamber. It’s a good place to see what kind of businesses are in the area. They also have a lot of statistics to give an idea of what is going on with the local demographics and economy. The County and/or Town web sites are good for checking out public data and other government issues that are affecting the area. Here’s the link for Summit County, Breckenridge, Frisco, Dillon, and Silverthorne. In Summit County you would want to check the ski area web sites, Breckenridge, Copper Mountain, Arapahoe Basin and Keystone.

On my web site I have a lot of information about Summit County follow the Relocation link.

Instructions on how to Search the Summit County MLS

2009-10-01T11:14:00.000-07:00

Did you know you can get really up to date information on what is for sale in Summit County Colorado? Personally I get frustrated with web sites that give me old information - the properties are off the market, sold or have a major price change. Or even more irritating something is for sale and its not showing up. I've received calls on properties that sold a year ago that someone found on the web through a source that I have no control over. Anyway - enough of the ranting. Through my web site you can search the mls, it is always up to date with what is on the market and price changes.

Here is what the search page looks like:

You can pick Residential, Land, Commercial or Partial Ownership searches. Residential includes single family homes, duplexes (half of a duplex), town homes, condos and mobile homes. Most homes on large acreage are included in the single family homes, but a few are listed under Sf/Mf/Acreage and Farm/Ranch. It just depends on how the agent entered the information into the MLS. Besides picking the type of property you can also pick the area. The Breckenridge area starts at Hoosier Pass at the far south end of Summit County. That includes the town of Blue River and also areas to the east, west, and north of Breckenridge as far as Farmers Corner (where the Blue River runs into Lake Dillon). That area tends to be almost half of the property for sale in Summit County, because of the large area of development.

Frisco comprises the town and surrounding neighborhoods. Usually it has the smallest number of properties for sale.

Copper Mountain is just the resort.

Dillon includes the town and nearby neighborhoods to the east toward Keystone. A few are Summit Cove, Whispering Pines and Soda Creek.

Keystone includes the resort and east to the continential divide which includes Montezuma.

Wildernest/Silverthorne comprises a large area from the town of Silverthorne, neighborhoods to the east and west (Wildernest) and north to the Grand County line past Heeney and the Green Mountain Reservoir.

Also listed are Grand County (Kremmling and outlying neighborhoods usually), Park County (Fairplay and Alma) and Leadville. Anything that does not belong in one of those areas will be entered in Other.

You can search including multiple types of properties and areas. Give it a try.

Snow This Morning

2009-10-01T11:08:00.000-07:00

It's amazing that the Hollyhocks lasted as long as they did.

Beautiful Autumn Days in Summit County

2009-09-29T09:00:00.000-07:00

Summit County seems to have a golden halo these last few days of September. These pictures were taken in Frisco at the Marina and Historic Park.

There's still time to take advantage of the great interest rates and selection of properties- you can own in time for the ski season. You can search the Summit County MLS on my web site. Or ask me for the list of everything for sale.

Vacant Land Snapshot

2009-09-28T08:53:00.000-07:00

Summit County is comprised of around 620 square miles, 80% of the land is public managed by the forest service and BLM. That means only around 150 square miles are in private hands. No wonder there are predictions that Summit County will be virtually "built out" by 2030. You can find out more about that at the Summit County government web site - go to planning down on the right.

Right now there are 436 listings of vacant land. 281 of those are in the Breckenridge area. The average list price is $619,909 and the median price is $379,000.

84 are listed for under $200,000 and 56 for over one million.

269 have the lot size of less than a acre where 42 are over five acres.

12 are under contract

68 have sold in the last 12 months. The average price was $350,154 and the median sold price was $300,000.

I have a history of the prices in Summit County on my web site.

Condo and Townhome Market Snapshot

2009-09-26T08:25:00.000-07:00

Now for the look at the condos and town homes for sale in Summit County.
There are a total of 1127 for sale in the county, 480 of those are in the Breckenridge area.
The average price is $546,704 and the median price $416,500

There are 315 properties listed for less than $300,000 and 112 for over a million.

198 are under contract

523 have sold in the last twelve months

Of the sold condos and townhomes 175 sold for less than $300,000. 35 for over one million. The average sold price was $460,964 and the median price was $365,000

Here's a link for a history of what prices have done in Summit County Colorado.

Summit County Single Family Home Snapshot

2009-09-25T08:11:00.000-07:00

It's interesting to look at the over all picture of what is for sale in Summit County. Below is information on single family homes and half duplexes.

Currently there are 790 homes and duplexes for sale, of those 410 are in the Breckenridge area.
In all of Summit County 109 of those properties are listed for less than $500,000, 361 for over $1,000,000 and 9 for over 5 million.

The average price of a home for sale is $1,265,920 The Median price is $967,500

83 are under contract

330 have sold in the last twelve months
The average sold price was $936,123 median sold price $729,500

84 sold under $500,000 and 105 for over a million

Silverthorne and Wildernest Real Estate Market

2009-09-22T10:12:00.000-07:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $134,900, it's a studio unit in Riverbend Condos. Right now 138 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Twenty-five are pending and 102 have sold last year. Those prices ranged from $110,000 for a studio condo up to $590,000 for a three bedroom townhome built in 1999. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

This year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 176 homes and half duplexes for sale in the Silverthorne area. The prices on homes range from $285,000 to $3,995,000. I've just listed a great three bedroom home in the South Forth subdivision for %545,000. Twenty-two homes are pending, seventy have sold in the last year, prices from $280,000 to $2,550,000.

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (just into Grand County) you can get a lot more for your money. Right now there are eight homes for sale in Blue Valley Acres. Prices start at $227,500. and go up to $399,999.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are eight properties for sale, from a small one bedroom cabin on two lots for $179,000 to a 5 bedroom home just steps from the lake for $550,000. I have a couple neat cabins for $275,000 and $395,000. Here’s a link to that property info. There are a couple building sites for sale too, prices start at $99,500. After years of virtually nothing for sale now it the most I’ve ever seen at one time.

You have many options in building sites in Silverthorne. Prices run from $195,000 for a third of an acre in Three Peaks and go up to $619,000 for over an acre in the Three Peaks subdivision. About 10 miles north of Silverthorne up Boulder Creek is almost half an acre for $119,900. If you are looking for larger acreage the lowest price is $349,900 for 20 acres up to 2.3 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $849,000 for a 5 bedroom home on 22 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Home just north of Silverthorne

2009-09-22T07:36:00.001-07:00

I put together a video tour of the three bedroom home that is listed for $545,000.

Keystone Real Estate Market Update

2009-09-21T11:04:00.000-07:00

The ski season is just around the corner – still time to have your condo in Keystone. A buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $245,000, two bedrooms at $399,900. Nearby is a one bedroom in River Bank Lodge for $219,900. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $327,500. The numbers for all the condos and townhomes in Keystone are: 219 active, 22 pending and 88 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 49 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In the last 12 months nine homes have sold 5 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is one home for sale which used to be a Bed and Breakfast, it has 4 bedrooms and is priced at $725,000. There are several lots for sale, prices start at $229,000 for a quarter of an acre and go up to $490,000 (almost 2 acres backing to the Snake River).

Summit County Parade of Homes Starts today

2009-09-19T10:56:00.000-07:00

The highlight of the autumn season in Summit County is the annual Parade of Homes. It's a great time to view the changing aspen leaves too. The Parade starts today and last 4 days, tomorrow and next weekend the 26th and 27th.

The Parade is put on by the Summit County Builders Association. The $10.00 ticket
charge is good for all four days and it benefits the Summit Foundation.

There are 25 homes on the tour, 7 of those are in the Silverthorne area, most are in the the Breckenridge area. It's always fun to see the latest trends in
the homes.

Summit County Parade of Homes update

2009-09-18T15:09:00.000-07:00

Today was the Realtor Day for the Summit County Parade of Homes. The 24 homes are open to the public the next two weekends. The $10.00 entrance fee is a fund raiser for the Summit Foundation. The ticket is good for all four days.

There were some pretty neat homes on the tour. I went to 14 of them today (any more than that and they really start to blend). My impressions were a lot of stone - inside and out, giant logs, reclaimed barn wood, media rooms, built in coffee makers, wine cellars, and washers and dryers all over the place! I took a few pictures to give you an idea. This row of washers and dryers is not at a Laundromat.

If you only had time to go to two homes - I would pick 486 Sage Creek Canyon Dr just north of Silverthorne. It's a beautiful log home on the Blue River. 3 bedroom over 4000 square feet, just nice and open and very "livable". The other two are in the Breckenridge area. 0165 River Park Drive just south of Breckenridge. It's the other extreme over 8000 square feet, 5 bedrooms, 7 baths, 12 fireplaces (at least 2 of those outside), the home just goes on and on with a surprise around every corner.

Stop by my office (corner of 5th and hwy 9 in Silverthorne) for the guide to the homes.

Frisco Market update

2009-09-18T12:48:00.000-07:00

The historic town of Frisco is centrally located in Summit County on the west side of Lake Dillon. Where Dillon is know for its sail boats and regattas the Frisco end of the lake is kayaks and canoes (motor boats too) enjoying the islands and quiet coves. Frisco does have it’s own marina. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street.

There are 113 condos and townhomes on the market, of those 25 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $152,900. There are 48 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Twenty-three condos and townhomes are pending and in the last year 45 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

Sixty single family homes and half duplexes are for sale the prices range from $449,900 to $2,750,000. In the last year 23 single family homes and half duplexes have sold with prices ranging from $385,000 for a 3 bedroom half duplex to $920,000 for a new 4 bedroom home in the Reserve.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Market Update

2009-09-17T12:13:00.000-07:00

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are thirty-three units on the market. The lowest price is a one bedroom unit for $119,000. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a one bedroom in Marina Place for $219,000. That’s within walking distance to the marina, farmers market and restaurants. Prices go up to $1,099,000 for a four bedroom condo at Summer Ridge which has a breathtaking view of Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 76 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $329,000 for a half duplex near Summit Cove. Eleven homes are listed for a million or more. Six homes are currently pending. Looking back over the last year, 33 single family homes and half duplexes have sold, the lowest price was $300,000, fourteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-five on the market. The prices range from $159,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Blue Valley Acres Market Update

2009-09-15T12:10:00.000-07:00

If you are willing to make a 40 minute beautiful drive into work every day, Blue Valley Acres is where you will get the most "bang for your buck" around Summit County. Right now there are ten homes for sale in the neighborhood. The lowest price is a three bedroom home for $227,500 and the highest $399,999. In the last year six homes have sold per the Summit County MLS. The most expensive sold for $450,000. That was a three bedroom two bath home with 1617 sq ft perched above the Blue River.

Vacant lots are a comparative bargain too. There are ten lots on the market. The prices range from $46,900 to $109,000 for around an acre. I really like the looks of the one for $56,900. There is one 7 acre parcel for $398,000. In the last year three lots sold per the Summit County mls, the highest price being $95,000. You can find out more about Blue Valley Acres on my web site.

Summit County Parade of Home this weekend

2009-09-14T09:41:00.000-07:00

Actually it's for the next two weekends, September 19th, 20th, 26th and 27th it's a great chance to see the latest in new construction in Summit County. The Parade of Homes is put on by the Summit County Builders Assocation and it is a fund raiser for the Summit Foundation. The $10.00 ticket is good for all four days. Stop by my office at the corner of 5th and highway 9 in Silverthorne for your copy of the official guide.

It's fun to see what the latest trends are. One year it was little tiles in the kitchen and baths. Another year it was flat screen TV's in what seemed like every room.

Green Mountain Reservoir Improvement Plan

2009-09-04T08:01:00.000-07:00

I did attend the open house at the forest service yesterday and got all the information I could. Now the Forest Service does have information at: http://www.fs.fed.us/r2/whiteriver/projects/green-mountain-reservoir/ These maps are huge files - If I can figure out a way to make they more reader friendly, I'll post it here. Here's a pdf file of the paperwork I picked up plus the feedback form. They what input by September 18th.

Voice your opinion about changes at Green Mountain Reservoir

2009-08-31T13:08:00.000-07:00

Last week I received a letter from the forest service with some idea on the changes they want to make at Green Mountain Reservoir. Below is the letter:

Date: August 24, 2009

Dear Interested Party,
The Dillon Ranger District is seeking public comment on proposed improvements to several recreation facilities at Green Mountain Reservoir.

As you may already be aware, GMR was recently designated as at a very high risk for the introduction of non-native mussels (Aquatic Nuisance Species, or ANS) by the Division of Wildlife. Some management changes have been already been implemented to reduce the chances of accidental introduction of these species including the elimination of general shoreline boat launching. Unfortunately, the current launch facilities are inadequate to handle the volume of use in an efficient manner and improvements are needed. The District also wishes to continue improvement of several of the camping areas over the next five to seven years.

The proposed actions include highway safety improvements and construction of a new marina and larger launch and parking facilities at Cow Creek South. These actions would allow for more efficient inspection and decontamination facilities for addressing ANS, extend the operating season above what the two current launch points are capable of and increase the boat docking and storage capacity on the reservoir. Proposed improvements also include the addition of up to 40 total sites within Cow Creek South, Cow Creek North and McDonald Flats, as well as road construction and general resurfacing in these three sites. Further proposed is host site construction in Prairie Point and Cow Creek South and providing potable water, electrical power and a dump station at Cow Creek South.

A public open house is scheduled for Thursday, September 3rd from 4:00 PM to 6:30 PM at the Dillon Ranger Station in Silverthorne. District staff will be on hand to share information about what is being proposed and to receive comments. Public input will be used to identify issues and develop alternatives to the above proposal.

Comments would be most helpful if received by September 18, 2009. Written comment should be addressed to Jan Cutts, District Ranger, Dillon Ranger District, P.O. Box 620, Dillon, CO 80498; (970) 468-7735 (fax); or by submitting an email to: wrnf_scoping_comments@fs.fed.us. Please include: (1) Your name, address, telephone number, organization represented, if any; (2) Name of this proposal on which the comment is being submitted, Green Mountain Reservoir Improvement Planning Project; and (3) Specific facts and supporting reasons for your concerns. Notification of the official comment period will be mailed to those people who have submitted comments to this proposal and to those who request notification.

If you need any further information about the project you may call Rich Doak at 970-945-3267 or me at 970-468-5400. Maps of the project area are available at the Dillon Ranger District as well as on the White River National Forest website at http://www.fs.fed.us/r2/whiteriver/.
Thank you for your interest in the management of your public lands. I look forward to hearing from you.

Sincerely,
JAN CUTTS
District Ranger

I can only find general Green Mountain Reservoir maps on the web site. I'm hoping there will be more information at the open house.

Some of my concerns are:
Highway turn lane
Electricity - are they bringing it in- how much will it cost and will it be worth it?
What about the Marina in Heeney?
What services will be available at Cow Creek (store, etc - what will Summit County have to say about that?)
Where are these extra campsites going to be.

I'm glad to see the forest service looking at the issues, rather than ignoring Green Mountain Reservoir. If you have a chance come to the open house and give them your input.

New Listing in Silverthorne

2009-08-29T15:34:00.000-07:00

I just listed a really neat home just north of Silverthorne for $545,000. Three bedroom, two bath, two car garage, over 3/4 of an acre with great views. There's more info on my web site. Private fishing on the Blue River.

Heeney Jigsaw Puzzle

2009-08-28T15:52:00.000-07:00

See how quickly you can put this puzzle together. Just click on the picture to start. Tell me how long it took in the comments.

Heeney Evening

Heeney Foreclosure

2009-08-20T08:31:00.000-07:00

We don't have very many foreclosures in Summit County. Having one in Heeney is very rare- in fact in my 23 years in real estate, I can only think of two. The current foreclosure is not listed by me, but I can sell it. It's a small "apartment" over a giant garage, on over a acre of land. I've been told that the price may come in around $100,000, if so, that's a real good price, because just the land is probably worth more than that. The last land sale was a third of an acre for $105,000 and that was two years ago. The structure is nothing to get excited about, very poor condition, no appliances or carpet. I'm told it will need a new septic. If someone is willing to take on a project- this will work. There should be a price in the next week, let me know if you would like more information. keats@coloradodreams.com or 800-571-1091

First time home buyers can get $8000 credit this year

2009-08-18T12:15:00.001-07:00

This was news to me, but I checked and it's been on the IRS website since March. People who qualify for the $8000 first time home buyer tax credit don't have to wait until they file their taxes next year, they can file an amended 2008 return and get the money now. Here's the link to the IRS info.

Open House this Saturday in Heeney

2009-08-14T12:18:00.000-07:00

Gosh, where have I been? It's been a while since I posted anything here. That's the thing about living in Colorado, sometimes the fun gets in the way of work. A weekend in Aspen - fun and the next weekend in Denver going to baseball games.

OK, now it's time to put my nose to the grind stone. On Saturday I'll be having an open house in Heeney. This will be the first time I've held the Lake Cottage listed for $395,000 open, so it would be great to see you there. Come and see inside you will be surprised. The address is 35 Rainbow.

Keystone Market Update

2009-07-31T13:04:00.001-07:00

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $258,700, two bedrooms at $399,900. Nearby is a one bedroom in River Bank Lodge for $230,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $299,900. The numbers for all the condos and townhomes in Keystone are: 231 active, 7 pending and 105 sold in the last year.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 58 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months thirteen homes have sold 9 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is only one cabin (no running water), it’s on five acres and is listed for $149,900. There are several lots, for a property that could be developed, prices start at $275,000 and go up to $490,000 (almost 2 acres backing to the Snake River).

Frisco Market Update

2009-07-27T07:48:00.000-07:00

There are 120 condos and townhomes on the market, of those 23 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $155,900. There are 50 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Twelve condos and townhomes are pending and in the last year 53 have sold.

In single family homes and half duplexes seventy are for sale the prices range from $469,900 to $2,750,000. In the last year 21 single family homes and half duplexes have sold with prices ranging from $385,000 to $1,560,000.

Let me know if you would like more information on any of these properties. I have a lot of information on Frisco condos on my web site. Here’s a link to the page. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Dillon Area Market Update

2009-07-23T14:33:00.000-07:00

Dillon has several price points. In Dillon Valley East and West Condos there are thirty-four units on the market. The lowest priced is a studio unit for $124,500. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a cute one bedroom in Yacht Club for $187,000. Prices go up to $1,099,000 for a four bedroom condo at Summer Ridge.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 74 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $329,000 for a three bedroom A-frame in Dillon Valley. Twelve homes are listed for a million or more. Seven homes are currently pending. Looking back over the last year, 35 single family homes and half duplexes have sold, the lowest price was $299,900, nine sold between 3 and 4 hundred thousand and two over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-six on the market. The prices range from $174,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only four lots sold this past year with prices from $180,000 to $299,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Silverthorne Market Update

2009-07-21T13:48:00.000-07:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $1139,900, it's a studio unit in Riverbend Condos. Right now 158 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $779,000 for a new three bedroom townhome. Fourteen are pending and 109 have sold last year. Those prices ranged from $110,000 for a studio condo up to $590,000 for a three bedroom townhome built in 1999.

This year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 190 homes and half duplexes for sale in the Silverthorne area. The prices on homes range from $285,000 to $3,995,000, seven are pending. Seventy-eight homes have sold in the last year, prices from $295,000 to $2,550,000.

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres which is just into Grand County you can get a lot more for your money. Right now there are eight homes for sale in Blue Valley Acres. Prices start at $227,500. and go up to $399,999.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are eight properties for sale, from a small one bedroom cabin on two lots for $179,000 to a 5 bedroom home just steps from the lake for $570,000. I have a couple neat cabins for $295,000 and $395,000. Here’s a link to that property info. After years of virtually nothing for sale now it the most I’ve ever seen at one time.

You have many options in building sites in Silverthorne. Prices run from $190,000 for a quarter of an acre north in Fox Valley at the Raven and go up to $619,000 for over an acre in the Three Peaks subdivision. About 10 miles north of Silverthorne up Boulder Creek is almost half an acre for $119,900. If you are looking for larger acreage the lowest price is $349,900 for 20 acres up to 1.5 million for 40 acres in Pioneer Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $849,000 for a 5 bedroom home on 22 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Heeney Open House this Saturday

2009-07-16T13:07:00.000-07:00

I'm holding 94 Happy Landing open Saturday, July 18th open from Noon to 5 PM. It would be great to see you there.

Map of 94 Happy Landing Dr Heeney, CO by MapQuest

Shared via AddThis

$8000 first time home buyer credit

2009-07-14T08:23:00.000-07:00

It's hard to believe but December 1st may be upon us before we know it. The first time home buyer credit offered by the federal government to help stimulate the economy expires December 1st. I bet a lot of people think it's December 31st, so don't get left out. Besides closing by December 1st, the buyer must not have owned a home in the last 3 years and this must be the buyer's primary home. The national association of home builders has a web site with a lot of information.

There are some good reasons for not waiting for the last minute. One will be that the lenders may get swamped and the loan will take longer than normal. Normal these days is from 4 to 6 weeks. Another reason is current interest rates. If you have good credit, you can have a 30 year loan at 6% or lower - that can change very quickly.

Right now there are a lot of choices, don't let this opportunity pass you by.

Vote for the Best of Summit County

2009-07-11T13:21:00.001-07:00

Every year the Summit Daily News does a "best of contest" If you have some favorites in Summit County you might find it fun to vote. Only one vote per person and the voting ends July 30 at 5PM. I'm even listed as one of the Realtors in the drop down menu!! Arts Alive (where I have my quilts) in Breckenridge is listed under the Art Galleries. http://www.summitdaily.com/bestof2009 Have fun.

Sales Statistics by type of property and area

2009-07-10T09:35:00.000-07:00

Like anywhere in the world the real estate market is different from area to area. Summit County Colorado in no exception. Within Summit County our multi listing service is divided into six areas, Breckenridge, Copper Mountain, Dillon, Frisco, Keystone and Wildernest/Silverthorne.

The Breckenridge area encompasses the most residential properties going south to the Park County line at Hoosier Pass. It also includes west and east of the town of Breckenridge and north to Swan Mountain Road.

The Copper Mountain area is just the resort, the smallest number of properties.

Dillon includes the town, plus Dillon Valley and the neighborhoods toward Keystone, Summit Cove, Whispering Pines and Soda Creek. There are more subdivision too, but that gives the general idea. Within the town there are condos with great lake views. I do have a list of all the condos in Dillon on my web site.

The Frisco area is the town of Frisco and the subdivisions right around town. I have a list of the Frisco condos too.

Keystone is the resort and heading east to the town of Montezuma. List of Keystone condos.

The Wildernest/Silverthorne area covers the largest part of the county, from the town of Silverthorne north to the Grand County line. Wildernest is just to the west up Buffalo Mountain above Silverthorne. Heeney is included in this area and the 24 miles of ranch land between there and Silverthorne. The list of condos in Silverthorne and Wildernest are on my web site.

With all of those areas there is a big difference in the market. Generally the rule is supply and demand. I've kept track of the number of listings in Summit County compared to the sales for years. Back in the late 1990's a lot of condos were built at Keystone and Copper Mountain - the overbuilding tended to depress the market for a while.

Now, what seems to be influencing our market is the economy in general. Most of our sales are to second home buyers and they need to feel confident about the future. Therefore some buyers are getting deals. Twice a year I put together sales statistics by area and property type. One thing that is a big change over the last few years is the list to sale price ratio - normally it has been 95% to 97% of list. In this first half of the year it was down to 93% and 94%. These buyers are the smart ones because besides being a good investment they get to use the property. Check out the statistics and let me know what you think.

If you would like to know more about the local market in Summit County please contact me at keats@coloradodreams.com or 800-571-1091. You can search the mls from my web site.

Summit County Sales Statistics

2009-07-07T14:43:00.000-07:00

I've posted the first half of the year sales statistics on my web site. You can find them as a pdf file at http://www.coloradodreams.com/Real Estate Statistics first half 2009.pdf

The number of sales are way off compared to last year and the year before. There has even been a reduction in the average sales price in condos and vacant land for the first time since 2002.

Summit County Real Estate Market Snapshot

2009-06-19T08:33:00.000-07:00

Every few months I like to look at the number of properties for sale and compare them to the same time the previous year. Right now there are 1962 residential properties for sale, that includes the condos, townhomes, single family, and half duplex homes. It includes all of Summit County, Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, Silverthorne and Wildernest. A year ago at this time there were 1485 residential properties for sale. In the last year 911 have sold, in the previous 12 months 1844 had sold.

Right now the most expensive home in the county is listed for $8,630,000 it's a 10 bedroom home on 11 acres in the Breckenridge area. There are 528 homes listed for over a million. The lowest price home is a modular for $89,600 in Swan Meadow Village (you don't own the land). The lowest price where you do own land is my listing in Heeney for $295,000.

I put together a list of everything for sale. If you would like a copy give me a call 800-571-1091 or send me an email keats@coloradodreams.com

Heeney Tour

2009-06-09T15:37:00.000-07:00

Hey, I finally got the YouTube Heeney Tour together.

Heeney Road Clean Up Tomorrow

2009-06-05T10:36:00.000-07:00

The Lower Blue Fire Protection District with the help of Summit County Road and Bridge is sponsoring a Heeney Road Clean up and Community Center fix up on June 6th. Everyone meet at the Community Center at 9AM. After we are finished we'll have hot dogs for lunch.

It would be great to see you there.

Silverthorne and Wildernest Market Update

2009-05-30T08:35:00.000-07:00

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $144,900, it's a studio unit in Riverbend Condos. Right now 136 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $779,000 for a new three bedroom townhome. Twelve are pending and 116 have sold last year. Those prices ranged from $135,000 for a studio condo up to $672,000 for a four bedroom townhome built in 2001.

This year the market for single family homes and half duplexes has slowed down; there are some signs of an increase in activity. There are 157 homes and half duplexes for sale in the Silverthorne area. The prices on homes range from $299,000 to $3,975,000, five are pending. Eighty-four have sold in the last year, prices from $300,000 to $3,975,000.

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres which is just into Grand County you can get a lot more for your money. Right now there are eight homes for sale in Blue Valley Acres. Prices start at $245,000. In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) I have a couple neat cabins for $295,000 and $395,000. Here’s a link to that property info.

You have many options in building sites in Silverthorne. Prices run from $190,000 for a quarter of an acre north in Fox Valley at the Raven and go up to $619,000 for over an acre in the Three Peaks subdivision. If you are looking for acreage north of Silverthorne the lowest price is $349,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” between 1.8 and 5.25 million. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,375,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Memorial Day weekend

2009-05-23T10:47:00.000-07:00

The Heeney Marina is open. This morning two people were available to inspect the boats for zebra mussels - so no waiting. The marina has a web site at http://www.heeneymarina.com.

I'll be having an open house at the A frame at 94 Happy Landing on Sunday, May 24th from 2PM to 5PM it would be great to see you there. Call me at 970-485-0793 if you want to see it a different time.

Green Mountain Resesrvoir level coming UP!

2009-05-12T08:20:00.000-07:00

As I was driving into work today I noticed a big difference in the shore line. Last night was really warm - a lot of snow is melting. On the state web site I can see that in the last 10 days the reservoir has been coming up about a foot a day! You can keep track yourself at http://www.dwr.state.co.us/SurfaceWater/Default.aspx scroll down to Green Mountain Reservoir and then get station. Pretty interesting.

Frisco Real Estate Market Update

2009-05-06T06:35:00.000-07:00

This is my favorite time of year in Summit County real estate. It’s because there are lots of choices, it’s easy to get in and see the condos or homes and when you buy you get to enjoy the whole summer.

Frisco is an especially neat little town with shops and restaurants with in a short distance of any of the properties. Don’t forget the lake with marina, parks and bike path.

There are 80 condos and townhomes on the market, of those 32 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $225,000. There are 20 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39 (not built yet). Eight condos and townhomes are pending and in the last year 94 have sold.

In single family homes and half duplexes fifty-seven are for sale the prices range from $499,000 to $2,995,000. In the last year 27 single family homes and half duplexes have sold with prices ranging from $443,890 to $1,560,000.

Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Frisco and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

Mussels Cause Changes at Green Mountain Reservoir

2009-05-01T14:38:00.000-07:00

Ken Waugh of the Forest Service issued this press release about boating on the Green Mountain Reservoir. Hopefully by Memorial Day the inspections will be in place.

Silverthorne, CO (April 28, 2009) Green Mountain Reservoir was recently designated as a high risk body of water for the introduction of Aquatic Nuisance Species (ANS), specifically Zebra Mussels and Quagga Mussels by the Colorado Division of Wildlife. Once introduced into a body of
water, these pests are capable of multiplying quickly and causing millions of dollars in damage to water management structures, boats and permanently changing native fisheries. Evidence of these non-native pests has already been found in lakes near Granby and a few other locations around the state. In an effort to keep these mussels from being accidentally introduced into additional lakes, the Division of Wildlife is requiring boat inspections prior to launch in many
locations, including Lake Dillon.

The Forest Service is supporting the Division of Wildlife’s efforts to prevent further spread of these pests. At Green Mountain, management changes are needed to implement an effective prevention program.

“Currently, boaters have the luxury of launching boats along the entire shoreline at Willows, Cow Creek North, and Cow Creek South campgrounds,” says Jan Cutts, District Ranger on the Dillon Ranger District. “Access must be narrowed down to limited locations to inspect and treat, if necessary, boats before entering the Lake”.

Effective immediately, vehicle access to the lake bed will be closed. Vehicle access will be available above the high water line once traffic controls are in place. No trailered watercraft will be allowed on the reservoir until Watercraft Inspection and Disinfection (WID) stations
can be established. It is hoped that the WID facilities and staffing will be operating by Memorial Day weekend. “We understand that this will alter the manner in which some visitors have used Green Mountain in the past and hope they understand that these actions are necessary
to protect this wonderful place for them to continue using into the future.”

Additional information can be obtained by contacting the Dillon Ranger District office at 970-468-5400.

Keats has a YouTube Video!!

2009-04-28T08:17:00.000-07:00

On Monday I was walking along the shores of the Green Mountain Reservoir and found the ice breaking up. The ice was large toothpick shards rubbing against each other and being pushed up on the shore. Now will be the best time of year for fishing (I'm told).

Keystone Market Update

2009-04-25T09:00:00.000-07:00

Now that the ski season is over we should have even more units coming on the market in Keystone Resort. Some of these sellers look like they are getting pretty motivated. Foreclosures are still rare because of the financing options when the properties were purchased. Now a buyer will probably need 25 % down and good credit, but the interest rate will be good too.

Keystone homes and half duplexes start at $319,900. and go up to $3,500,000. Right now there are 40 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months fourteen homes have sold 10 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are only vacant lots for sale in the area. For land that could be developed, prices start at $292,500 and go up to $499,000 for over an acre backing to the Snake River.

A real sign of Spring

2009-04-23T08:21:00.000-07:00

Here's a picture of a big crack in the ice on Green Mountain Reservoir. Now, that's a real sign of Spring in Heeney. The lake will probably be ice free by this time next week - and that's the best time for fishing.

Lake Dillon probably has a few weeks before it is thawed. In fact the Rotary Club has an annual Lake Dillon Ice Melt contest to guess when a flotation device hits the water. They sell tickets and raise money for scholarships for Summit County students. They also elect royalty at a $1.00 at vote. Here's a link to the web site at http://www.dillonicemelt.com

Plan your trip to Summit County this Summer

2009-04-21T08:00:00.001-07:00

My web site has been updated with the events happening in Summit County Colorado this summer. This is a good time to plan ahead - and look at real estate while you are here! Here's the link

Beautiful fresh snow on Buffalo Mountain - is picture is from my office. I'm so lucky to live here!

April Showers Heeney Colorado Style

2009-04-18T07:46:00.001-07:00

I took this picture of the Kiddy Pond in Heeney this morning. We get April showers, but they are the white flaky kind. Though "we can use the moisture" . It's hard to see but there are a couple ducks on the pond.

NAR Economist speaks at Keystone

2009-04-10T10:23:00.000-07:00

On Wednesday Dr. Lawrence Yun, the chief economist for the National Association of Realtors spoke to the Summit County Realtor Association. Not a rosy picture, but on the purple side rather than the blue (that's the art quilter in me).

In general Colorado and Summit County are going to do fine in the long run. The second home market will recover, but slowly because the baby boomers still want resort property, but because of their primary house value loss they will be waiting.

The real estate boom, bubble and burst were primarily in four states, California, Nevada, Arizona and Florida, the rest of the country had gentle appreciation and not as drastic downturn. Of course the press only writes about the extremes.

One thing he said which I'm a strong believer in, is about waiting. He said a lot of buyers aren't buying because they are thinking in a year the prices may be down 10%. That maybe true, but when people buy because they are looking for a good place to live they have no regrets. I've always felt time at the home with family and friends can be priceless.

The Summit Daily News had an article about the presentation, here's a link. There is one big mistake - in the third paragraph, Dr. Yun said volume could climb 10 to 20%, not prices.

New listing in Heeney

2009-04-08T11:18:00.000-07:00

Here's a picture of the living area and the summer view, you can see more pictures on my web site at http://www.coloradodreams.com/94happylanding.htm. This mountain cabin is a perfect spot for a vacation hideaway. Fishing, boating, water and jet skiing, and hiking right out the door. Located just a block from the Marina in Heeney on the Green Mountain Reservoir. Great floorplan for family and friends with one small bedroom on the main floor, a loft upstairs and a couple more rooms in the walk out basement. Priced at $295,000.

Heeney on Trulia Snapshot

2009-03-31T15:15:00.000-07:00

This is pretty neat - actually there are a couple other listings in Heeney too - but this is amazing!

Get this widget Heeney real estate