Colorado Real Estate News & Denver Real Estate Statistics Blog

In addition to being a collector of Denver real estate news and a generator of Denver real estate statistics, I will use this to share my experience, view point, and advice as a Denver Realtor & Denver real estate agent.

May 28, 2021

Weekly Search: City Park Homes

We created another super localized search that features homes close by City Park in Denver. You can view all the current homes for sale that are on the market at the link: https://www.realtyofco.com/city-park-neighborhood-denver-homes-sale/

City Park Neighborhood Denver Homes For Sale Map

The Neighborhood

The City Park neighborhood has the same boundaries except for having Colfax Avenue as its southern boundary, which is two blocks south of 17th Avenue. Therefore, the entirety of the neighborhood is only two blocks wide, but about a mile long. The area in the southwest corner of the neighborhood consists of East High School and a green area called the City Park Esplanade, which in some ways extends the park south two blocks to Colfax Avenue. The eastern part of the neighborhood around Colfax Avenue (along with parts of the Congress Park neighborhood across Colfax) is also known as the "Bluebird District", for the Bluebird Theatre located on Colfax and the urban developments around that area. There is also a neighborhood called "City Park West", which is located just west of the park to Downing Street and commonly known as Uptown. It has the same southern and northern borders as City Park and has York Street as its eastern border.

City Park Neighborhood Denver Homes For Sale Park

City Park

City Park is a trendy area dominated by its namesake green space, featuring picnic spots, playgrounds, and lakeside trails. Within the park, the Denver Museum of Nature & Science has a planetarium, an IMAX theater, and temporary shows, while exotic reptiles and events draw families to nearby Denver Zoo. South of the park, East Colfax Avenue has cool cafes, retro-style bars, and the Bluebird Theater concert venue.

On May 18, 2021, I enjoyed the sunset at Denver’s City Park in Colorado. Below you will find my favorite 360-degree panoramas, a short aerial video I created, and some of my favorite stills.

Aerial Video of Denver's City Park in Colorado

COLORADO 360 DEGREE AERIAL PANORAMA IN DENVER’S CITY PARK FROM ABOUT 300 FEET

Go to the link to enlarge: https://kuula.co/share/7rmJ9?fs=1&info=1&logo=1&thumbs=1&vr=0&zoom=1

May 15, 2021

Denver Realtor Reviews: Colorado Real Estate Market Report April 2021

Denver Realtor Reviews: Colorado Real Estate Market Statistics for April 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 

Metro Denver Colorado Real Estate Market Statistics as of April 2021

Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 69.4% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 49.6% increase in new listings and a 41.7% increase in closed home sales. The median home price in Denver metro increased by 19.8% from $436,500 to $523,000.

Colorado Real Estate Market Report South Metro Denver REALTOR Association April 2021

Southern Front Range Colorado Real Estate Market Statistics as of April 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 67.4% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 9.6% increase in new listings and a 4.2% increase in closed home sales. The median home price in Colorado Springs metro increased by 18.4% from $375,750 to $445,000

Colorado Real Estate Market Report Pikes Peak MSA April 2021

Northern Colorado Real Estate Market Statistics as of April 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 73.7% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw a 37.0% increase in new listings and a 38.7% increase in closed home sales. The median home price in northern Colorado increased by 14.1% from $403,125 to $460,000.

Colorado Real Estate Market Report Northern Front Range MSA April 2021

May 14, 2021

Colorado Real Estate News May 2021

 

 
 
 
Colorado Real Estate News
Colorado Home Loan Originators Brandon Gibson & Christopher Gibson - www.GibsonHomeLoans.com
Published by
Chris Gibson & Brandon Gibson
14 May 2021
Read paper →
Stories Leisure Super Local For Realtors Homes & Trends Colorado Mortgages
 
I know you expect me to be in the know when it comes to real estate news in and around Denver and Colorado, and now you can be too. I hope you find this latest version of my newsletter interesting and helpful. I can not thank you enough for all the referrals. Have a great day! 

Best regards,
Chris Gibson
720-394-8861


 
 
Median Colorado Single Family Home Price Tops $500K for First Time
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thumbnail westword­.com - The prices are even higher in metro Denver.
Record-breaking real estate frenzy is changing the culture of Colorado’s mountain towns as locals are priced out
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thumbnail coloradosun­.com - Highest-ever home prices in Eagle, Gunnison, Pitkin, Routt, San Miguel and Summit counties are changing the culture of mountain communities.
Loretto Heights rezoning request approved, moving grand reimagining for the campus forward
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thumbnail denverite­.com - Construction on the site in southwest Denver is already underway.
What to Expect From Denver’s Summer Real Estate Market
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thumbnail 5280­.com - Experts say this summer could be one of the craziest times to buy a home in recent memory.
Denver's housing market is booming, but will it bust?
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Chris Gibson & Brandon Gibson
thumbnail news­.yahoo­.com - No doubt Denver is experiencing a housing frenzy. The question is: Will the boom bust? What they’re saying: "I don’t think there’s any chance of a bubble here. … We have people with a lot of equity,"
Denver’s real estate market breaks 16 records in April 2021
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thumbnail kdvr­.com - The Denver Metro Association of Realtors market trends report shows 16 sales related records were broken last month. One of the records is the average price of homes being sold.
Metro Denver housing market developing a taste for luxury
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thumbnail denverpost­.com - Last year's pandemic lockdown complicates any year-over-year comparisons when it comes to metro Denver's housing market, but a few trends definitely remain in play, and some new ones are emerging.
The Best Rooftops Patios in Denver and Beyond
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thumbnail 5280­.com - Raise a glass at one of these sun-soaked rooftop bars and restaurants this summer.
Colorado Springs home prices again skyrocket to record highs
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thumbnail gazette­.com - Colorado Springs-area home prices hit another round of record highs in April, a new Pikes Peak Association of Realtors report shows. A shortage of homes for sale and strong demand
Tips for buyers in a competitive housing market
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9news­.com - Denver's highly competitive housing market shows no signs of slowing down. Increasing demand for homes means more competition and higher prices.
How Realtors Are Dealing with Denver's Crazy Housing Market
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thumbnail 5280­.com - Some agents are waking up at 2:30 a.m. to schedule showings. Others are spending hours trying to catch potential listings before they go on the market.
These Denver neighborhoods are getting the biggest property tax hikes
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thumbnail denverite­.com - Let's dive into assessment data, shall we?
Mortgages for second homes skyrocket 178%
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thumbnail housingwire­.com - A recent Redfin study found the number of buyers who locked in mortgage rates for second homes soared 178% year over year in April.
You Read Your Mail Right. Property Values Are Up In Mesa, Boulder And Across Colorado.
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thumbnail cpr­.org - Some Coloradans are getting big surprises in their mailboxes this month. County assessors are busy sending out new appraisals to homeowners, as they do every two years. The new assessments mean tax b…
Housing starts are rising, despite cost to buyers
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - 25.7% of single-family homes for sale during Q1 were new-construction homes, as March housing starts jumped nearly 20% month over month.
Denver’s changing suburbs: The future is older and more racially and ethnically diverse
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Chris Gibson & Brandon Gibson
thumbnail denverpost­.com - Denver's suburbs are changing rapidly and will continue in the next decade with a double-digit percentage growth in racial and ethnic diversity and a quick expansion in the number of older people.
Denver landlords need long-term rental licenses under new law
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thumbnail denverpost­.com - By Jan. 1, 2024, all Denver landlords will be required to hold long-term rental licenses for each of their properties under a new law approved by the City Council on Monday night.
“Insane” housing market: More metro Denver buyers willing to pay whatever it takes to get a contract
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thumbnail denverpost­.com - Metro Denver's housing market has run hot for eight or nine years now, so nobody would blame it for taking a breather, especially a year into a pandemic. Instead, the frenzied pace has only sped up, …
Record lumber prices are adding $35,000 to the sale price of a new home, further crunching Colorado's housing market
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thumbnail coloradosun­.com - Colorado's housing market was already expensive before lumber costs skyrocketed 240%, adding $35,000 to a home's sale price.
Coloradans are worried about affordable housing and want the government to do something about it, poll shows
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thumbnail coloradosun­.com - Most Colorado voters think their state has an affordable housing problem and want the government to intervene to solve it, a new poll from Magellan Strategies shows. The online survey of 508 register…
Should You Pop the Top on Your Home?
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thumbnail 5280­.com - That is the question many Denverites are pondering as they balance the need for more space with the challenges of entering the city’s competitive housing market. Here, local contractor and pop-top ex…
Million-Dollar Home Sales Outpace Those in Other Price Points
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thumbnail magazine­.realtor - Million-dollar listings are a hot commodity. The number of homes sold for more than $1 million jumped by 81% in February compared to a year earlier. Meanwhile, the number of homes sold for under
Home prices soared in March amid record demand
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - Home prices soared in the U.S. to a median $356,000 in March 2021, up 18% year over year. And homes on average sold in just 21 days.
 
 
 
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May 5, 2021

Denver Homes For Sale Near Creativity Challenge Community School

We just created a home search of homes that default to Creativity Challenge Community School in the Denver Cory-Merrill Neighborhood.

Denver Homes For Sale Near Bromwell Elementary School

Creativity Challenge Community School is rated 8 out of 10 on greatschools.org. The link below provides more information. Here are Denver homes for sale, mostly in Cory-Merrill that default to Creativity Challenge Community School.

https://www.greatschools.org/colorado/denver/5248-Creativity-Challenge-Community/

Creativity Challenge Community School Denver Homes For Sale Logo

At Creativity Challenge Community School, they believe it is imperative that schools have the flexibility to design and implement an educational experience that best meets the needs of their unique student populations through innovative initiatives.

They believe in the importance of creative problem solving, collaborative learning and challenging each other to their highest potential. They incorporate creative thinking skills into all learning opportunities. Everyone at Creativity Challenge Community School—students, families, and community partners—is expected to work hard to reach their highest potential, and is empowered to set and meet goals that are meaningful to each individual. They provide dedicated time for students to learn in collaboration with community partners that make the world a part of their classroom.

Creativity Challenge Community School Denver Homes For Sale Building

In 2010, Founding Principal Julia Miller Shepherd formed and led a design team of educators and parents to develop Creativity Challenge Community School. This new innovation school in Denver was created to accommodate the need for additional elementary seats in the community while responding to enrollment attrition to private schools. Attributes for success were identified by visiting both private and public schools across the metro area. Focus of the Creativity Challenge Community School program was designed to include creative thinking in all grades, a new parent community and community partnerships throughout the city of Denver, all while challenging kids to achieve their best.

Creativity Challenge Community School Denver Homes For Sale Classroom

Creativity Challenge Community School was approved by the DPS Board of Education in June 2011 and officially opened in the fall of 2012 with 90 students in grades 1 and 2. The school quickly grew into a full elementary education program with 300+ students in grades K-5.

Creativity Challenge Community School has successfully created one of the highest demand schools in Denver. Since its inception, our unique public education program has been rated both an “effective” and “distinguished” school as part of Denver Public School’s Schools Performance Framework. Creativity Challenge Community School has also won the Governor’s Award for Excellence and the John Irwin Schools of Excellence Award from the Colorado Department of Education.

Creativity Challenge Community School Denver Homes For Sale Rating

Students at Creativity Challenge Community School are making more academic progress given where they were last year, compared to similar students in the state.

Strong progress with high test scores means students have strong academic skills and the school is doing a better job at supporting academic growth than most other schools.

Test scores at Creativity Challenge Community School are far above the state average, suggesting that most students at this school are performing at or above grade level.

Creativity Challenge Community School Denver Homes For Sale Reviews

Creativity Challenge Community School Denver Homes For Sale Demographics

May 5, 2021

Aerial photos of 955 Gray St Lakewood

955 Gray St Listing, click here

Aerial Video of 955 Gray St in Lakewood

 

Aerial Panorama 1 of 955 Gray St in Lakewood

 

Aerial Panorama 2 of 955 Gray St in Lakewood


 

April 27, 2021

Wash Park Market Report

There’s no question that Denver is still one of the fastest growing housing markets in the country, and the Wash Park neighborhood is no exception to this. With all the changes in the Denver housing market, I thought it would be interesting to see how one of Denver’s most desirable neighborhoods currently stands. 

Wash Park Market Report

Here is a snapshot of a recent market report I pulled for the Wash Park neighborhood:

Wash Park Market Report

Here are the most up to date stats of the Wash Park neighborhood:

Current Washington Park Market Report

The Neighborhood

Washington Park, or Wash Park, is a neighborhood and public urban park in Denver, Colorado. The Wash Park neighborhood centers on its namesake green space, a rectangular expanse with sports facilities, formal flower gardens, and winding trails for cycling and jogging. An elegant boathouse overlooks Smith Lake, popular with kayakers and anglers. East of the park, Old South Gaylord Street is a bustling shopping district with chic fashion boutiques, galleries, sports bars, and casual bistros.

Take a break from the busy downtown scene in lovely Washington Park - dubbed "Wash Park" by locals. The area has a Rockwellian feel, with its lush landscaping, awning-covered storefronts, and family-friendly atmosphere. It's a fitness mecca for Denverites, and on any given day you're likely to spot people walking their dogs, running, biking, paddle boating, or doing yoga. The park is very popular both as a tourist destination and among Denver locals, with some comparing it to New York City's Central Park.

Wash Park Market Report Lake

Location

It's no wonder that it's consistently chosen as Denver's favorite park. Nearby is South Pearl Street, once the site of the city's first trolley car route, now home to galleries, wine and cocktail bars, specialty shops, boutique, and high-end clothing stores, and some of Denver's best local dining. Visit Old South Gaylord where you can experience local restaurants, galleries, and shops.

The Park

The park was first developed by Architect Reinhard Scheutze in 1899. Its design was influenced by city planner Kessler, the Olmsted Brothers, and the famous philanthropist “The Unsinkable” Molly Brown. Due to its welcoming appearance and unique characteristics, Wash Park was designated as one of the “Great Public Spaces in America” by the American Planning Association in the year 2012.

Wash Park Market Report Map

April 23, 2021

Colorado Real Estate News April 2021

 

 

 
 
 
Colorado Real Estate News
Colorado Home Loan Originators Brandon Gibson & Christopher Gibson - www.GibsonHomeLoans.com
Published by
Chris Gibson & Brandon Gibson
23 April 2021
Read paper →
Stories Homes & Trends For Realtors Super Local Colorado Mortgages Leisure
 
I know you expect me to be in the know when it comes to real estate news in and around Denver and Colorado, and now you can be too. I hope you find this latest version of my newsletter interesting and helpful. I can not thank you enough for all the referrals. Have a great day! 

Best regards,
Chris Gibson
720-394-8861


 
 
Average Denver Home Price Hits $674K, Up $40K in a Month
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Chris Gibson & Brandon Gibson
thumbnail westword­.com - Last month's record average price is already history.
Denver homes are flying off the market 41% faster than last year
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Chris Gibson & Brandon Gibson
thumbnail axios­.com - That competitiveness triggers bidding wars on already sky-high asking prices.
Housing inventory is down 40%. Buyers are paying the price
avatar Shared by
Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - A 46% drop in new listings has led to a pricing surge of 21% in 2021. Don't expect inventory to increase much anytime soon, either.
Why Denver Home Price Growth May Finally Slow in 2021
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Chris Gibson & Brandon Gibson
thumbnail westword­.com - An analysis says Denver home prices are overvalued.
Denver’s construction crane count rebounded quickly from the COVID-19 recession
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Chris Gibson & Brandon Gibson
thumbnail denverpost­.com - As of February, 22 tower cranes were operating at various construction sites in Denver's core neighborhood, according to the latest Crane Index Report from construction industry consulting firm Rider…
How Realtors Are Dealing with Denver's Crazy Housing Market
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Chris Gibson & Brandon Gibson
thumbnail 5280­.com - Some agents are waking up at 2:30 a.m. to schedule showings. Others are spending hours trying to catch potential listings before they go on the market.
Homebuilders are slowing production despite wild demand
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - Winter storms and the shortage of building materials, led to a double-digit percentage drop in February new home starts for homebuilders.
The safest cities in Colorado, ranked by SafeWise
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Chris Gibson & Brandon Gibson
thumbnail denverpost­.com - SafeWise, a website that analyzes safety trends, has released a report that lists which cities are the safest in Colorado. The top five cities that have been ranked the safest include Frederick, Mill…
What You Need to Know About the 2021 Farmers’ Market Season
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thumbnail 5280­.com - Your favorite local markets—plus two new ones!—are opening this month and next. We’ve got all the important details.
How much cash matters in a bidding war
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thumbnail housingwire­.com - Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per a Redfin study of clients buying homes.
Five reasons it's not a "horrible time to buy a house"
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thumbnail themortgagereports­.com - Many experts are saying it's a horrible time to buy a house. But that's not true for everyone. Here are 5 reasons it could be a great time to buy a home.
Colorado Real Estate Market Report March 2021
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thumbnail gibsonhomeloans­.com - Colorado Real Estate Market Statistics - Check out the latest real estate market statistics and market reports for Colorado
Denver Metro’s luxury home sales volume rises by 98% over year-ago levels
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thumbnail denverpost­.com - The real estate market in Denver Metro is thriving and performing at record-breaking levels.
 
 
 
StoriesHomes & TrendsFor RealtorsSuper LocalColorado MortgagesLeisure
 
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April 14, 2021

Denver Realtor Reviews: Colorado Real Estate Market Report March 2021

Denver Realtor Reviews: Colorado Real Estate Market Statistics for March 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 

Metro Denver Colorado Real Estate Market Statistics as of March 2021

Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 75.9% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 9.4% decrease in new listings and an 11.2% increase in closed home sales. The median home price in Denver metro increased by 12.7% from $440,000 to $496,000.

Colorado Real Estate Market Report South Metro Denver REALTOR Association March 2021

Southern Front Range Colorado Real Estate Market Statistics as of March 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 73.9% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 21.1% decrease in new listings and a 6.2% decrease in closed home sales. The median home price in Colorado Springs metro increased by 14.5% from $380,000 to $435,000

Colorado Real Estate Market Report Pikes Peak MSA March 2021

Northern Colorado Real Estate Market Statistics as of March 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 75.5% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw a 10.1% decrease in new listings and a 7.6% increase in closed home sales. The median home price in northern Colorado increased by 9.1% from $405,000 to $441,900.

Colorado Real Estate Market Report Northern Front Range MSA March 2021

April 9, 2021

Weekly Search: South Pearl Street Homes

We went for another super localized search for this week’s search, which features homes close by South Pearl Street. Check out the homes currently for sale at this link:

http://www.realtyofco.com/south-pearl-street-denver-homes-sale/

South Pearl Street Denver Homes For Sale Sign

South Pearl Street is one of Denver’s most historic and charming shopping districts. Stretching from Buchtel to Jewell, the tree-lined blocks are the perfect antidote to the modern mega-mall. Here you’ll find an authentic mix of locally-owned shops, one-of-a-kind boutiques, and some of the city’s best restaurants and nightspots. There are even popular seasonal events all year long on South Pearl Street.

History

In June of 1893, the Denver Tramway Company extended its trolley car line from Alameda to Jewell along South Pearl Street. A few years later, tracks were completed south to Evans Avenue and then east to service the growing University of Denver campus. Soon, the University soon earned the nickname “Tramway Tech” and the building boom was on.

South Pearl Street Denver Homes For Sale Streetcar

From 1900 through 1915 several multi-use buildings were completed along the thriving corridor. Growing neighborhoods needed retail and service-oriented businesses and soon barber and beauty shops, grocers, dry goods stores, tailors, bakeries, pharmacies, five-and-dime stores, mechanics’ garages, movie houses, and diners were plying their trades all along South Pearl Street.

The stock market crash of 1929 and the subsequent Great Depression forced many to abandon their businesses. But the surrounding neighborhoods still managed to grow and new businesses moved in. After World War II, South Pearl Street began a revitalization that lasted into the late ‘50s and the electric trolley cars were replaced with rubber-wheeled trolley coaches.

But shopping habits and trends in the1960s and ‘70s brought new regional shopping malls to the metro area drawing customers away from the smaller mom-and-pop businesses on South Pearl Street. Small businesses found themselves struggling again and many were eventually abandoned.

But South Pearl Street would rise again. Attracted by inexpensive rental rates, artisans and eccentrics set up shop in the vacant storefronts. Painters, sculptors, and potters formed a loose association to promote their wares and their artistic energy marked the ‘70s on the street. As the economy rebounded, South Pearl Street attracted larger restaurants and pubs. Landmarks like Sushi Den and the Pearl Street Grill found their niche and flourished.

South Pearl Street Denver Homes For Sale Shop

Pearl Street Today

Today, the RTD light rail moves thousands of riders through the Pearl Street Station every day and unique retailers, renowned eateries, trend-setting boutiques, personal service providers as well as popular music festivals and weekend farmers’ markets make South Pearl Street a great place to be in Denver.

March 26, 2021

Weekly Search: Colorado Mountain Getaways

We created a specialized search for Colorado mountain getaways for this week’s search. You can view all the current single-family homes, condos, and townhomes in Colorado mountain towns here:

https://www.realtyofco.com/colorado-mountain-getaways/

Below you will find Colorado mountain getaways for sale in cities like Cripple Creek, Leadville, Drake, Woodland Park, Florissant, Estes Park, Lyons, Frisco, Silver Plume, Vail, Aspen, Georgetown, Divide, Alma, Hartsel, Buena Vista, Idaho Springs, Fairplay, Winter Park, Manitou Springs, Granby, Silverthorne, Breckenridge, Bailey, Como, Lake George, and Dumont.

Colorado Mountain Getaway House

Colorado is home to some of the best mountain towns in the world. Many have invested in Colorado mountain getaways over the past few years. There are many reasons to purchase a second home or a vacation home in the mountains. Here just a couple of points of consideration if you are looking to purchase a Colorado mountain getaway home.

Location

When choosing a location for a property, it is important to consider elements that are most important to you and for any potential hosting.

Is important to be close to the hiking trails? Do want to have access to multiple ski resorts? Are you hoping to be close to a body of water? What kind of view do you want to see from inside the home? All these answers will help you determine the right location for your Colorado mountain getaway.

Features and Amenities

With a condo or townhome, there will likely be association fees. This added cost can offer access to luxury amenities like relaxing hot tubs and pools, ski-in/out, and direct access to hiking and biking. Colorado mountain getaways that offer luxury amenities are great for owners and renters alike.  Short-term rental websites allow customers to filter properties for specific amenities. 

When on vacation, we all want things to be easy and convenient. Owning a Colorado mountain getaway condo can offer so much more access to great features and amenities that make it highly desirable. 

Colorado Mountain Getaway Ski

Cost

Mountain real estate prices vary based on a number of items. Ski-in/out might be the most desirable characteristic, and it comes with a high premium. On top of location, a clear, unobstructed mountain view could cost 20% to 30% higher than a similar unit with no view. Colorado mountain getaway townhomes and condos are generally less expensive than single-family homes.

Potential of Income

Owning a Colorado mountain getaway property not only provides a great place for you to access at your own leisure; it could potentially generate income for you. Short-term rentals in areas in ski towns continuously sell out during peak the months of November through April and June through August. You can even trade days at your property for another location of your choice on certain websites.

There are even potential tax benefits and advantages to renting out your property, so it is essential to have discussions with a real estate broker like myself and an accountant to see how you can maximize profits along with your leisure. 

Colorado Mountain Getaway Hike