Crested Butte, CO Real Estate News

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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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  We at Sothebys International Realty in Crested Butte are pleased to announce another successful real estate transaction. The custom home located at 319 Larkspur Loop at the Larkspur community sold today for $525,000. The 3 bedroom. 3 bathroom, 2,000 SFT home features a 500 SFT heated garage and a 220 SFT 2nd story deck. The home enjoys green zone efficiency exterior insulation, OSB sheathing material, vaulted pine beetle ceilings, low-E windows, recycled barn wood siding, eco-shake roofing, and plenty of solar gain.The open kitchen, dining & living area is perfect for entertaining and enjoying the spectacular 360 degree views of Whetstone, Mt. Emmons, Paradise Divide, and Mt. Crested Butte. Floor plan highlights include in-floor radiant heat throughout, upstairs living with timber tru...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Complete Newsletter OnlineHappy Springtime from Crested Butte, ColoradoIt's official. It is off season in Crested Butte and Springtime in our Rocky Mountain paradise has kicked off with impressive snow storms mixed in with some sunny, bluebird days too! The ski resort closed for the season last weekend and it's now Spring Break for the Crested Butte Community School. The town is very quiet but the real estate economy is making a lot of noise. Real Estate Investment Hitting Remarkable LevelsYear to date, 66 residential properties have sold ($33 million in sales) and another 40 properties are currently under contract. Average sold prices per transaction are climbing too, reaching $491,000 average per sale. This sales momentum is carry over from Q4 last year when 60 home and condo sal...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very please to announce another successful luxury home sale in Crested Butte. My listing located at 109 4th Street in town sold this week for $1,315,000.This beautiful 5 bedroom, 2800 sft. Crested Butte home offers it all in an exceptional and rare home that reflects the attention to detail and the integrity of workmanship of long-time local builder John Hatlem. The floor plan includes a gourmet kitchen with Mt. Crested Butte views and eastern light, 4 bedroom suites, a great room, a custom fireplace, dining room and powder room, a bonus family room, a big deck with Paradise Divide mountain views and a 4th bedroom and bathroom located above the detached 1-car garage. Architectural and design features include 9 foot ceilings on the first floor, 15 foot vaulted ceilings in the great ...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Channing Boucher and Benson Sotheby’s International Realty are pleased to announce another successful real estate transaction in Crested Butte Colorado. Channing’s listing at the WestWall Lodge sold today in an all cash deal for $1,200,000 and $498/per square foot. This sale represents the highest price paid for a WestWall Lodge condo since early 2008. Located adjacent to the Crested Butte Mountain Resort ski slopes and only 50 feet from the WestWall quad ski lift, WestWall Lodge C101 brings it all home in a perfect Crested Butte retreat.  This home offers true Colorado “on the snow” living from this nicely finished, 1st floor, 2452 sft. luxury condo. The gracious, open floor plan features 4 bedrooms, 4.5 bathrooms and access to the skiing like you’ve never seen. Unique features of this...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sotheby’s International Realty and agent Channing Boucher are pleased to announce another successful real estate sale in the town of Crested Butte Colorado. 401 Elk Avenue sold today for $1,095,000. The property was listed by Channing Boucher of Sothebys. Located on the high profile, NE corner of 4th and Elk Avenue (Crested Butte’s main street), 401 Elk Avenue stands out among the other commercial buildings along Crested Butte’s commercial core. The property comprises just over 3000 SFT above grade and a finished 1150 SFT basement. The commercial property will become the new headquarters for Benson Sotheby’s International Realty. View this property's description here.
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sothebys International Realty and agent Channing Boucher are pleased to announce another successful real estate sale in rural Crested Butte Colorado. 1 Sage Hill Spur sold today for $850,000. The property was listed by Sothebys. Channing represented the buyers in this all-cash transaction. The stunning Roaring Judy home offers expansive views of the entire valley that pairs environmentally friendly features with luxury mountain living. This home is not only breathtaking in design, but it’s also arguably the most eco-friendly residence in the Crested Butte area. Expansive rooms, vaulted ceilings, custom wood work, hand made cabinets, high end kitchen appliances and full guest quarters with kitchenette provide the ultimate mountain home for generations to appreciate. Enjoy the 623...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
VIEW THIS MONTH'S NEWSLETTER ONLINEGreetings from Crested Butte Colorado,Crested Butte Mountain Resort (CBMR) started making snow on the ski mountain last week and we have a promising forecast of natural snow this weekend! If you live in a ski town like Crested Butte, this is an exciting time of year. The prospect of a good, snowy winter puts everyone in a good mood. Of course, I rode my mountain bike this week in sunny, 57 degree weather (November 8th) so we simply take what we get from Mother Nature in this little Colorado mountain town of ours!Ski Free With Lodging - November 21 - December 19, 2012CBMR is doing good things to promote our upcoming winter tourist season. “Opening Day at Crested Butte Mountain Resort is almost a rite of passage, one that deserves to be shared with as ma...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sotheby’s International Realty and agent Channing Boucher are pleased to announce another successful real estate transaction in Crested Butte Colorado. Channing, representing the buyer and the seller, sold the home located at 32 Elk Avenue in downtown Crested Butte.   The 1300 sft., 2 bedroom home is located at the historic west end of Elk Avenue and Crested Butte. The original home dates to the 1800s. It was completely remodeled in 2009 The vacation home property sold for $650,000. To review more of Channing’s sales, visit Significant Sales at his Crested Butte Real Estate Guide.Photos of 32 Elk Avenue:Visit Channing Boucher's Crested Butte Real Estate Guide970-596-3228
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sotheby’s International Realty and agent Channing Boucher are pleased to announce another successful real estate transaction in Crested Butte Colorado. Channing, representing the buyers, sold the home located at 15 Buckhorn Way in Buckhorn Ranch.   This sale is Channing’s third home sale at Buckhorn Ranch in 2012. The 3,800 sft., 3 bedroom home sits on a elevated 1.21 acre parcel and features stunning, panoramic mountain vistas. Other features of this beautiful home include a granite laden kitchen, reclaimed wood floors, a gorgeous floor to ceiling rock fireplace and whole log wood beams supporting the vaulted living areas. The vacation home property sold for $1,100,000. To review more of Channing’s sales, visit Significant Sales at his Crested Butte Real Estate Guide.
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