Ever seen a log home being built? It’s like giant-sized Lincoln Logs!
They cut and pre-assemble the logs offsite at the log supplier’s yard, then the logs are transported to the building site on huge trucks.
John and Julie bought a vacant lot through us last year, and now they are building their dream log cabin! But, they couldn’t be in town for the exciting “log set”, so we took this video for them. Their builder? Brian & Karen Wray, Mountain Log Homes of Colorado. The first portion shows the garage under construction, and the second portion shows the main house under construction.
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Hello from Breckenridge, Colorado! Here’s more good news, from the Highlands At Breckenridge luxury home subdivision:
We charted all 37 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). There’s a slight -2.1% percent per year downtrend (yellow line) in the price per square foot, but that’s not a major trend.
The sold prices ranged from $850,000 to $2,199,000.
The last three sales were:
$199 / sq ft on 1/25/11 (We had the buyer! Bank owned)
$295 / sq ft on 2/8/11
$390 / sq ft on 3/24/11
For homes in The Highlands At Breckenridge subdivision:
The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
Selling prices from January 1, 2009 through April 22, 2011 averaged $305 per sq ft
That’s a drop of around 24% from the peak
Although there have been a few foreclosures and bank-owned sales, on average the selling price per square foot in the Highlands has bottomed out, and since 1/1/2009 it is roughly flat.
So, we’re having a sale! Luxury home prices in this prestigious subdivision have been rolled back 24%.
What a great time to buy, in one of the most affordable ski resort towns in the U.S.!