Breckenridge Real Estate Blog

Although we love owning Breckenridge vacation real estate for family enjoyment, buyers also see the financial wisdom of their choices.  Breckenridge shares the convenient Summit County location for world-class skiing with nearby Keystone, Copper Mountain, and Arapahoe Basin.  Breckenridge CO real estate offers the spunk and demand that will make its resort real estate continue to appreciate over time.  The quaint Victorian real estate and vibrant Town of Breckenridge is located less than 90 miles from the growing metropolitan communities along the Front Range of the Rocky Mountains. 

Breckenridge and Summit County real estate have a long-established track record of increasing property values.  And as co-owner of Breckenridge Associates Real Estate Rob Neyland explains, “People are tired of seeing their retirement funds getting trashed and losing a third of their value over the weekend.  In a nutshell, they are looking for the REAL in real estate: something they can own, that they can use, enjoy, and have some control over, and that will increase in value.”   Then, too, with the inevitable build out in an area surrounded by national forests and government-regulated lands, demand will push the values up even more.

As the property ages like a fine wine, there are also significant unique tax advantages in second-home ownership.  Federal tax deductions include mortgage interest, real estate taxes, management and homeowner fees, and utilities.  If the owners choose to rent the property to offset some of the expenses involved, the real estate investment offers the opportunity to defer capital gains.  Utilizing IRS Section 1031 Tax-Deferred Exchange, some investors take advantage of the most powerful wealth and estate building tool available to the United States taxpayer.

Another reason property values are increasing is that the ski areas, mountain-base areas, and gondolas are being dramatically improved by Vail Resorts, the owner of Breckenridge Ski Resort.  At the base of Peaks 7 and 8, exclusive new ski-in/ski-out properties are redefining the luxury ski experience.  Developments ranging from slope-side masterpieces to little ski cabins in the woods are catching the attention of buyers worldwide.  There are single family homes, condominiums, townhomes, and some remaining home sites.  The latest option is the fully deeded fractional ownership that offers a family vacation property for under $100,000, available from one month a year to 13 weeks.  

Yes, the financial benefits are extensive.  But people buy in our beautiful mountain resort for the quality of life that they can offer to their families now and down the road.

Jonna Beardsley of Breckenridge Associates offers a wealth of information about real estate in the Rocky Mountains.  Call Jonna at (970) 453-2200 for friendly, professional assistance.