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Not-To-Be-Missed Festivals & Events

Happy Thanksgiving!

I had to mention the holidays in Breckenridge and how spectacular and magical they are. After 25 years of living here in Breckenridge I never want to be anywhere else. There are still short term rentals out there just waiting for you to reserve and have the best Breckenridge holidays ever. There are also many properties on the market if you decide you don’t want to go home. That is actually what happened to Roger and I 25 years ago. We came for Christmas and I couldn’t stand the thought of leaving so we bought property and never looked back! True story! We are the experts in real estate in Breckenridge so give us a call and welcome to Colorado’s Playground.

 

Dec. 3, 2022 Lighting of Breckenridge & Race of the Santas
Dec. 8-10, 2022 Breckenridge Ullr Fest (Grab your Viking hats!)
Jan. 23-Feb. 1, 2023 International Snow Sculpture Championships

Breckenridge Short Term Rental Information

Breckenridge short term rental information is the most asked about topic these days. The vision for the town has changed, with the need for affordable housing being at the top of the list. Also the need for those that purchased a property as a second home to be able to enjoy it as a home in a residential neighborhood and not have renters coming and going all season long. There are definite questions you should be asking when purchasing a second home or investment property in Breckenridge. The best way to find out in-depth information is the town website (townofbreckenridge.com) as the goal of the town is clearly laid out for you. See these items below as being the most important as well as knowing how long the wait is for a short term rental license.

Short Term Rental Caps and Zoning

A short-term rental property is defined as “a residential dwelling unit, or any room therein, available for lease for a term of less than thirty (30) consecutive days.”

  • A valid short-term rental license is required for each short-term rental property.
  • Individual homeowner associations may have requirements, restrictions and covenants related to short-term rentals.
  • The license is required regardless of how the properties are marketed (through a management company, on-line through websites such as VRBO and Airbnb, newspaper ads, word of mouth, etc.).
  • The license number must be displayed in all advertisings for the property.
  • Short-term rental licenses are non-transferable/non-refundable in event of property sale.

The Breckenridge market is different

Is the real estate market in Breckenridge feeling the recession and deflated prices? I have gotten many calls about the Breckenridge market lately. I know I say this a lot but we are not in a regular real estate market. Breckenridge is a ‘resort market’ so we do not have the struggles that other markets do. A few examples are, trying to qualify for a loan, higher appreciation rates, finding and securing primary housing. The higher inflation that we all feel is having less of an impact on us. Investors are seeing opportunities and also many people are tired of the ever-fluctuating stock market. If that is the case for you let’s talk about what is the best way for you to proceed. You cannot enjoy your stocks but you can enjoy your mountain cabin with the family and avoid I-70 traffic!!