Breckenridge Vacation Homes

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Thinking About a Purchase in Breckenridge in 2024?

Why Breckenridge in the Summer?

First off, let’s talk about why summer in Breckenridge is an absolute gem. The snow may have melted, but the town blooms with life in a different yet equally magical way. Imagine lush green trails for hiking and biking, serene spots for fishing in the Blue River, and lively festivals that bring the streets to life. And let’s not forget the cooler temperatures—a blissful escape from the scorching heat elsewhere.

The Real Estate Market Awaits

Summer 2024 in Breckenridge is expected to be bustling. With the pandemic gradually becoming a thing of the past, more and more people are looking to either settle down or find their dream vacation home in the mountains. What does this mean for you? It’s time to act swiftly but wisely. Properties in Breckenridge, from cozy condos to luxurious mountain homes, tend to sell quickly due to the town’s popularity and limited space.

Tips for Your Purchase

Here are a few insider tips to guide you through your real estate journey in Breckenridge:

  • Start Early: The early bird gets the worm, or in this case, the dream home. Begin your search as soon as possible. The summer market can be competitive, and you want to be ready to make an offer when the right opportunity presents itself.
  • Know Your Priorities: What’s more important to you? Proximity to downtown, a stunning mountain view, or perhaps direct access to trails? Knowing your must-haves will help narrow down your search.
  • Budget Wisely: Breckenridge is a premium location, and prices reflect that. Ensure you have a clear budget in mind, and don’t forget to account for property taxes and maintenance costs, especially if you’re eyeing a second home.
  • Hire a Local Expert: A local real estate agent who knows the ins and outs of Breckenridge can be invaluable. They can provide insights into the market trends, help you navigate the buying process, and even uncover hidden gems. Did you know that Roger and Teresa Moen have 27 years experience in the Breckenridge real estate market?
  • Visit in Person: If possible, visit Breckenridge before making a purchase. Explore different neighborhoods, get a feel for the community, and maybe even meet some locals. It’s the best way to confirm that you’re making the right decision.

Embrace the Community

Buying a property in Breckenridge is more than just a real estate transaction; it’s joining a close-knit community. Summer is the perfect time to immerse yourself in local events, from the National Repertory Orchestra concerts to the Breckenridge Food and Wine Festival. Engaging with the community not only enriches your Breckenridge experience but also helps you feel at home.

Final Thoughts

Purchasing real estate in Breckenridge during the summer of 2024 is an exciting opportunity to own a piece of paradise. With its unbeatable combination of natural beauty, community spirit, and endless outdoor activities, Breckenridge offers more than just a home; it offers a lifestyle. So, gear up for this adventure with patience, research, and a bit of local guidance. Your dream home in the mountains awaits!

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Why We Love Summer in Breckenridge

Summit Activities in Breckenridge

In Breckenridge, we have a saying that we use to describe our area. “I came for the skiing, but I stayed for the summers.” Yes, Breckenridge is an international ski resort. That is what it is known for and has been for many years. And the skiing is some of the best in the world.

But in the past decade or so, we have also seen a huge influx of tourism descending upon us in the summer months. Everybody is catching on that the summer here in Breckenridge is outstanding!! We now have people that come to bike, hike, paddle board, camp, attend music festivals and parades, mountain bike, etc, etc. No longer is summer the slow season.

The Activities

The town of Breck puts on many activities that you and your family will love. GoBreck.com, the local tourism office, hosts arts festivals, beer and wine tasting events, concerts and two classical orchestras to name a few. The best place to find out what to do here in the summer is www.gobreck.com. They will list all the upcoming events.

We also have a new Backstage Theater with great live performances.

Family Adventure Park

Vail Resorts put $9,000,000 in to the family fun adventure park a couple of years ago. Vail did extensive research to substantiate their major renovations to Peak 8 for this park. This is good news for all property owners. There is much construction going on here in the Breckenridge summers. Lots of construction means a healthy market.

So Much To Do

What to Do in Summer in Breck

The good news beside the fun to be had here in Breck: if you don’t find something you like, then you can go to Dillon for some free outdoor concerts on the lake or a great Farmer’s Market in the summer. Silverthorne, Keystone, and Frisco all have great activities. We sell properties in all of them!!

If you are a homeowner in Breck, or looking to buy in Breck, this is great news for your family to have all these activities to enjoy. If you are an investment-minded person, then the benefit to you is that a few years ago the summer rentals were minimal and if you made a few dollars that was a bonus. Now it is a substantial amount to add onto your yearly rental income. As the summer income builds, so does your repeat business on your investment property.

Breckenridge summers are a must-see. It is a whole different feeling. Give us a call to see what Breckenridge summers have to offer!

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5 Things to Think About Before Buying a Home in Breckenridge CO

You can see it now: your serene mountain dream home, nestled among the trees and wildlife. You and your family speeding down the slopes. But before you buy a home in Breckenridge, there are things you should know. Living in the mountains can be peaceful and magical, but new challenges and difficulties can present themselves.

How to Buy your Breckenridge Property

Buy a Home in Breckenridge CO

If you are getting a loan to buy your home, there are a couple of options. You can purchase the home as a primary residence, a second home or an investment property. Each methods has its own programs. They will require different amounts down or different percentage rates etc. It is always best to speak to your lender and your accountant as each variable has different tax ramifications.

Choosing a Lender for Your Loan

We always suggest you use a local lender when buying a home in Breckenridge. There are enough lenders in Summit County to choose from and they have competitive rates. Many times buyers will find a lender online that offers them incredibly low rates or they get a lender that says yes to your loan without the knowledge and experience of the local resort town market. Remember, lenders are a commission-based business. For example, there are some condos that many lenders cannot loan on such as a condo/hotel. This is due to the difficulty selling the loan on an open market and often times the loan rate is higher. Using a local lender saves everyone involved potential disappointment and headaches.

Think About How You Will Use Your Mountain House

Buy a House in Breckenridge, CO

If you are buying a house in the mountains with a plan to rent it out short-term or long-term, you need to ask yourself if the numbers are of primary concern or is the emotional component. Is this a family dream cabin in the woods or a ski property for the family? Do you want to realize the highest return on investment? Your answers to these questions will be the deciding factor on where you are going to buy a home or condo.

When To Buy A Home

When you buy a home in the mountains, in a resort community, everything is driven by the seasons. Breckenridge is a ski town so the most inventory to choose from typically is in the summer – July and August. Many sellers have kept their property for the winter to ski one last time or if they are renting their property out they want those peak ski seasons rental income dollars. Many times they are preparing their property for the market on the off season, so summer is when the inventory tends to be the highest.

Consider the Time you Invest in Buying a House in Breckenridge

Buy a Home in Breckenridge CO

Are you going to rent out your property yourself? Do you have time to book reservations, keep up maintenance, etc, or do you need a rental company that is full service and just sends you a check every month with little to no involvement from you?

Secondly, decide when you buy, do you want a condo where the HOA handles so many of the items so you don’t have to, such as snow removal, hot tubs etc? If you buy a home there are options for hiring someone to come in and check on pipes and make sure they don’t freeze, do walk a through every week and keep and eye on things for you. There are many options for you to find one that works for you and your family.

We have been buying and selling homes for our clients in Breckenridge for over 22 years and can help you make the right decision for your family. Give us a call today to get the ball rolling to realize your dream of living in the mountains.