Crested Butte, CO Real Estate News

By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am pleased to announce another successful real estate transaction in Crested Butte. I represented the purchasers on the single family home located at 46 Shavano Street in Crested Butte South. The 1,764 sf home sold for $370,000. With only 10 homes currently listed for sale in Crested Butte South and prices rising dramatically, this sale may very well be the last of the good price opportunities on a quality home in that community. Right now, the average list price of a single family home in Crested Butte South is $533,000 and the average list price per square foot is just under $200.00! 23 homes have sold in Crested Butte South since early 2013 creating a condition of scarcity and rising prices.46 Shavano Street is a very well maintained three bedroom, two bath home, featuring a 1st f...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Below is my upcoming ad in the Crested Butte Magazine Summer of 2014. See my other ads on the back cover of the Crested Butte News Visitor's Guide and The Peak Magazine. Call me for the most elevated Crested Butte real estate service available. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com             
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Very pleased to announce another successful real estate transaction here in beautiful Crested Butte Colorado.  I represented the buyer on his purchase of the town home located at 714 Maroon in the town of Crested Butte.  The 2 bedroom, 2 bathroom, 1,000 SF home was built in 2009 and never occupied.  The home features energy efficient construction and high end finishes and equipment including a Dacor gas range, a farm style kitchen sink, Cyprus wood floors, natural stone finishes, slab counters, stainless appliances, handmade doors and cabinets. The home enjoys solar assisted domestic hot water with a whole unit return air ventilation system and spray foam R-49 insulation in the ceiling. The parcel is beautifully landscaped yard and includes off-street parking plus a detached one car gar...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Crested Butte's Festival Season ApproachingThe lift-served ski season just ended in Crested Butte and its time to start planning for summer vacations! The Gunnison Valley knows how to celebrate summer and fall fun with an amazing array of one-of-a-kind festivals that reflect the lifestyle, natural beauty and Western friendliness of our Rocky Mountain community. Beginning Memorial Day Weekend with the Gunnison Growler bike races and the Townie Takeover,  there’s something for everyone, ranging from the weekend warrior and hard-core athlete to couples and families looking for a relaxing, yet action-filled getaway.See Calendar of Events >Vacation Home Sales SurgingThe Crested Butte real estate market cracked $100 million in 2012 and last year our market jumped to over $140 million in sale...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Corey Dwan of Benson Sotheby's International realty is pleased to announce yesterday's sale of 23 Teocalli Avenue in downtown Crested Butte via Buyer representation. This level, well situated lot on the coveted west side of town was listed for $550,000 and sold for full price. Enjoying expansive views of the Paradise Divide and Mt. Crested Butte this location is only a stone's throw from Elk Avenue. This is a clear example of the current lack of inventory of desirable land in town as well as the current shortage of single family home inventory forcing buyers to build. If you are looking for a home or wish to build a home in Crested Butte contact Corey for more information. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com           
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am pleased to announce the sale of the property located at 463 Lower Highlands Road in rural Crested Butte. I represented the local Crested Butte buyer on this seller-financed transaction. As soon as it hit the market, I knew it would be a great opportunity for someone to score a large acreage property, with incredible mountain and valley views, solar gain, privacy and a very reasonable proximity to downtown Crested Butte. The sale price was $240,000.From the listing’s description:Sweet mountain cabin with loft bedroom with far reaching views taking in Paradise Divide, Red Lady, Whetstone and Red Mountain all on a very private and wooded 15.3 acres. “Line Cabin” has power, driveway, well, 3 bedroom septic and phone already installed. Expand the existing structure, or use for weekend ...
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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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