Crested Butte, CO Real Estate News

By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Newsletter Online Hello from Crested Butte!White gold. Over 21 feet of it has fallen since the lifts starting spinning in November and the conditions have been stellar all season long. The impressive snow reports and Crested Butte Mountain Resort's new focus on "drive to" market areas including the Front Range of Colorado, has resulted in a nice economic boost this winter. With a month remaining this season, CBMR reports an increase of 16% in skier visits. In turn, their lodging business spiked significantly this winter with March seeing a big 35% increase in bookings from last year.Skiers from the Denver and Boulder areas are embracing the four hour plus drive to Crested Butte for the abundant snow but also to avoid Interstate 70 and the crowded ski areas along its corridor. I gu...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
by Corey Dwan While representing both the buyer and seller, this historic 1890s Crested Butte Victorian home went under contract after being on the market for less than 20 days. As of this week, 417 Elk Avenue in downtown Crested Butte sold for $660,000. This property has two bedrooms, two baths, original hardwood floors, and Elk frontage location. The property also enjoys a non-deed restricted second home with one bedroom, one and half baths, and remodeled kitchen and living area. Total square feet is over 2,200. Search for Crested Butte and Gunnison Real Estate           Interior View #1 Interior View #2
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Town Tidbits After a 3-week spell of bluebird skies and warmer temps, the last week of January invited winter back by dumping almost 30 inches of fresh powder over 3 days. February has been non-stop powder, keeping our conditions prime and pushing the Gunnison Valley up to 105% of average snowpack! The best conditions we've seen in a few years... Also, check out the latest update regarding recent discussions on the sale of Crested Butte Mountain Resort. This news is positive as it could provide a healthy increase in market value, rather than a "bubble and burst" had it sold. On the 2014 Horizon A little over a year ago, my updated website launched, with a goal of providing you a better user experience. Next on the horizon is to launch a mobile-friendly site, making it easier for you to...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Rondinelli Track - Round Mountain - Crested Butte - Colorado Corey Dwan is pleased to announce the recent sale of the Rondinelli Track in Round Mountain at Roaring Judy Ranch representing both Buyer and Seller. This particularly stunning 35.14 acre parcel boarders national forest and has many suitable building sites. Listed for $422,000 this amazing piece of Crested Butte paradise sold for $375,000. Call Corey for all of your Crested Butte land needs. Search for Crested Butte and Gunnison Real EstateCorey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210  401 Elk AvenueCrested Butte, CO 81224970-596-3219 Cell970-349-6654 Fax www.CrestedButteCollection.com          Rondinelli Track - Round Mountain - Crested Butte - Colorado Rondinelli Track - Round Mountain - Crested Butt...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
2013 was a good year for the real estate economy in Crested Butte. In many ways, it was the year our local market began a good old fashioned recovery. In the Upper East River Valley region, from Crested Butte South to Mt. Crested Butte, we reached $146 million in total sales volume. This is an increase of over $40 million from the previous year. 65 more properties sold and sales of single family homes and condos increased in total volume and average sold price. The average days on market declined for the first time in 6 years and existing inventories of residential properties declined significantly. And, homes and condos sold at prices much closer to their list prices, increasing from 88% in 2012 to 93%. The market for vacant land and homesites is still flat with most areas simply hold...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Here is the latest newsletter from my favorite gallery in Crested Butte. Some of the finest art representing Crested Butte can be found here. Enjoy.Corey Dwan OH-BE-JOYFUL GALLERY      CRESTED BUTTE & TELLURIDE COLORADO   New at Telluride Location: Jay Moore, Evening in Telluride, 9"x12" oil on canvas $2,500 framed   Dear Greetings! ,   We hope your new year is off to a good start!   We are enjoying the continued snowfall in both Crested Butte and Telluride. We're pleased to share the newest paintings to arrive at the gallery.    Featured above, in his signature realist style, a Telluride valley floor painting by Jay Moore.  Aimed at capturing the grandeur of the American West, his paintings are increasingly sought after and included in many private and corporate collections. To see mo...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Inside cover of the Crested Butte News Visitor's Guide found everywhere in the valley. Crested Butte News Vistior's Guide - Benson Sotheby's International Realty - Corey Dwan
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Happy New Year from Snowy Crested Butte!Below you will find our latest Crested Butte Real Estate Market Report: The 2013 Year In Review. 2013 was a very good year for real estate sales in our area. Our local Sothebys office dominated the market, leading in all categories for sales volume and number of transactions.The overall real estate market has improved greatly. In the Upper Valley, we realized $146 million worth of transactions, an increase of over $31 million in volume from the previous year. There were also 65 more properties sold this year versus last.This market report shows sales of Single Family Homes, Condos and Townhomes in all areas increasing in sales volume with the majority of communities seeing an increase in average price and a decrease in days on market. Vacant Land ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Rondinelli Track - Round Mountain - Crested Butte - Colorado Corey Dwan of Benson Sotheby's International Realty is pleased to announce the sale of the Rondinelli Track located in Round Mountain at Roaring Judy Ranch, Crested Butte, Colorado via buyer and seller representation. Arguably the best parcel in Round Mountain and all of Roaring Judy Ranch this 35.14 acre slice of paradise borders the National Forest for almost 2,000 feet.This piece of land grants the buyer and only nine other owners in Round Mountain incredible access to national forest, private meadows, bike and hiking trails and phenomenal hunting grounds if you so choose. Heavily treed yet with ample level ground this parcel offers many superior building site locations. Sold for $375,000. If you wish to purchase that perf...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very pleased to announce another successful week of selling real estate in Crested Butte Colorado. Two of my exclusive listings sold: 599 Nicholson Lake Ridge Road sold for $1,575,000 and 506 7th Street sold for $750,000. Overall, the real estate economy continues to improve in our local market . Home and condo sales have increased over 35% compared to 2012 and in some locations prices are rising for the first time in 5 years. While the residential segment of the market stages it’s comeback, the vacant land / home site segment is still sluggish for sellers. Land is selling, showing a mild improvement in 2013 most likely due to the sell off of residential properties, but as a general comment,  buyers still have a strong opportunity to purchase small and large tracts of land and home...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  Overall, the local real estate market in Crested Butte has improved dramatically over the last 12 – 18 months. Sales volume has increased and the average and median sales prices for residential properties has also increased. The following report demonstrates all of the sales activity in local market areas including Crested Butte, Mt. Crested Butte, Crested Butte South, Almont and Gunnison Colorado.Click the link below to read our local market report for the 3rd Quarter in 2013. Crested Butte Real Estate Market Update – September 2013 Channing BoucherBroker AssociateBenson Sothebys International Realty970-596-3228
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Benson Sotheby's 3rd Quarter Market Report Welcome to our new quarterly market report for the Crested Butte real estate market the most efficient way of keeping track of current sales and market trends. If you have any questions about the enclosed information please feel free to contact me anytime. Regards, Corey Dwan Search for Crested Butte and Gunnison Real Estate   Corey Dwan - REALTOR Benson Sotheby's International Realty P.O. Box 210 401 Elk Avenue Crested Butte, CO 81224970-596-3219 Cell970-349-6654 Faxwww.CrestedButteCollection.com          
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Rondinelli Track - Round Mountain - Crested Butte - Colorado Corey Dwan of Benson Sotheby's International Realty is pleased to announce the successful negotiation of the Rondinelli Track located in Round Mountain, Crested Butte, Colorado via buyer and seller representation. This beautiful parcel was not currently active on the market but a purchase arrangement has been successfully negotiated. Arguably the best parcel in Round Mountain and all of Roaring Judy this 35.14 acre piece of paradise borders the National Forest for almost 2,000 feet. Access grants the buyer and only nine other owners in Round Mountain incredible access to meadows, bike and hiking trails and phenomenal hunting grounds. If you are looking for land and it's currently not available contact Corey Dwan to work for y...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Welcome to the most beautiful time of the year here in Crested Butte, Colorado. Trees are turning yellow, orange and red and the peaks just received their first coating of snow. The days are mild and sunny, high of 63 today with no wind. It's the perfect time to get away for the weekend and escape the hustle and bustle of the big city. The crowds of summer are gone and the town is a buzz of excitement for the approaching winter. Everyone feels confident that this winter is going to be one to remember! Enjoy the fall and see you on the slopes soon! Cheers, Corey Search for Crested Butte and Gunnison Real Estate Corey Dwan - REALTOR Benson Sotheby's International Realty P.O. Box 210 401 Elk Avenue Crested Butte, CO 81224970-596-3219 Cell970-349-6654 Faxwww.CrestedButteCollection.com      ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
There is still a ton to do in the Butte. Please see below for the September Community Events. The fall colors are just starting and the crowds are gone making it a great time to visit our valley. Click here to view September through December 2013.   Search for Crested Butte Real Estate   Corey Dwan - REALTOR Benson Sotheby's International Realty P.O. Box 210433 Sixth StreetCrested Butte, CO 81224970-596-3219 Cell970-349-6654 Fax www.CrestedButteCollection.com         September       1 – 30 September Splendor in the Rockies, Valleywide   1 Dave Wiens West Elk Bicycle Classic, Gunnison to Crested Butte (Black Canyon, Crawford and Paonia route) 1 Crested Butte Mountain Runners Trail/Fun Run - Reno, Flag, Bear & Deadman's Gulch or Reno Divide 1,8,15,22,29 Crested Butte Farmers’ Market, Elk ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
The Crested Butte Connoisseur - September 2013 Edition Fall in the Butte Hello everyone and welcome to another edition of The Crested Butte Connoisseur. Fall has arrived as cooler temperatures and shorter days have settled in. The leaves are just beginning to change so we have two to three more weeks until they are peaking with intense orange, yellow and red colors. The large crowds of summer visitors have gone making it a great time to visit our quaint little town. Don't forget you only have until September 27th to get an incredibly discounted ski pass for $599. Click here to purchase before it's too late. Benson Sotheby's Donates 1 % for Cultural and Economic Growth I'm very pleased to announce that the majority of agents in my office and I are donating 1% of our commissions to the "3...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Welcome to The Crested Butte Connoisseur, my monthly newsletter filled with relevant Crested Butte community and real estate news. Please allow me to introduce myself. My name is Corey Dwan and I work with Benson Sotheby's International Realty, the valley's #1 real estate brokerage. I have lived in Crested Butte nearly eight years now and have since completed hundreds of real estate transactions, marking me as as one of the top producers in Crested Butte for the last few years. In a market saturated with realtors, it can sometimes be difficult to explain what sets me apart from the rest. In my case, have a look at my testimonials as my clients explain it best. I promise that my enthusiasm, hard work, and honesty will serve you to the fullest, helping each of you with any of your real e...
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By RJ Baxter, 303-670-0137
(Fairway Independent Mortgage Corporation)
  Use the Special Government Home Renovation Loan Program, the FHA 203K Renovation Loan available in Crested Butte Colorado. Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD). Thanks to this special FHA loan program, a buyer or home owner can do meaningful amounts of remodeling or updates to their new or existing home without the higher cost of a second mortgage. You are not allowed to finance "Luxury items" such as a hot tub or swimming pool through this FHA loan program. You can repaint, remodel cabinetry in kitchens and bathrooms, replace appliances and flooring, add wallpaper, or even add a room to an existing structure (which will increase the value of your home because of more square fo...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Newsletter with Featured Listings Mid Year Real Estate Report in Crested Butte The real estate economy in Crested Butte continues positive momentum at the mid-way point in 2013. Year to date, just over 130 residential properties have sold in communities from Crested Butte South to Mt. Crested Butte. Another 30 homes and condos are currently under contract.  This represents about $65 million in closed sales volume. Twelve of these sales were for luxury properties sold at or above $1 million with the biggest sale year-to-date being a $4,250,000 Prospect ski in - ski out home.  Impressive sales activity for our small market area. Last year during the same time frame we realized 109 residential sales and $48 million in sales volume.  These numbers are also impressive considering that ...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Read Newsletter Online with Featured Listings Summer Kicks Off in Crested Butte Colorado! The official start to a Crested Butte summer, Memorial Day, has come and gone, and our little mountain town is already feeling a serious bump in tourism and the return of our seasonal “2nd homeowner” residents! Our legendary single track trail system is now open for business and the Crested Butte Bike Week celebration (previously known as the Fat Tire Festival) is set to run June 26th to June 30th. Be sure to check out the legendary Chainless World Championships!Crested Butte Bike Week WebsiteWith all of the rain and late season snow we experienced, this summer’s wildflowers should be bountiful and equally brilliant. The Crested Butte Wildflower Festival begins July 8th this year but I think we’ll ...
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