#breckenridge #colorado #condos

New on the market today!

Two bedroom, one bath Sundowner II condo in Breckenridge, Colorado.

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Parklets return to Frisco businesses on June 10, causing closure on Main Street

On Tuesday, June 10, parklets will return to businesses in downtown Frisco.

This year, over 35 parklets will be deployed along Main Street and several adjacent avenues. In 2020, Frisco first launched its parklet programming after constructing parklets using funding from the Colorado Department of Transportation’s revitalizing main street's grant program.

In order to place the parklets in front of businesses, Main Street will be closed from 6 a.m. to noon on Tuesday, June 10. A detour will be in place to divert traffic from Main Street onto Granite and Galena streets.

Spruce Creek Road to close for improvement work for up to a month in June

 

Spruce Creek Road will close for three to four weeks starting June 9 while the Town of Blue River conducts major road improvements, according to a news release. The project will address drainage, regrade and pave the road from Colorado Highway 9 to Gold Nugget Drive.

Crown Drive will only be open to local traffic during the construction. Residents, including short-term renters, in the area will be able to access their homes. Residents on the closed area of Spruce Creek Road, Louise Placer Road and Miners Court will access their homes via Gold Nugget Drive.

Blue River expects the work to be completed before the Fourth of July weekend, but it has plans to open the road July 3-7 if not.

Courtesy Summit Daily News

Summit County golf courses gear up for summer season

 #breckenridge #colorado #realestate

Although it may seem like Summit County’s golf courses were covered deep in snow not that long ago, the start of the season is closer than expected.

According to Keystone Resort’s summer operation plans, Keystone’s River Course is expected to be the first golf course in the county to open for the season on Friday, May 10.

The Keystone Ranch Course alongside the Breckenridge Golf Club will then tentatively open a week later, on May 17.

Over in Silverthorne, the Raven Golf Club at Three Peaks has a projected opening day of May 24. Copper Creek Golf Course at Copper Mountain is expected to be the last golf course in Summit County to open for the season on June 7.

A bill hiking taxes for many short-term rentals in Colorado dies in first committee hearing

 #breckenridge #colorado #realestate

A bill that would have significantly grown taxes for thousands of short-term rentals in the state was killed in its first committee hearing late Tuesday even after the sponsor attempted to make changes to the legislation.

In its original form, Senate Bill 33 would have required any property used as a short-term rental for more than 90 days per year to pay the state’s lodging tax. Colorado’s property tax assessment rate for lodging properties in 2023 was 27.9%. For residential properties, it was set at 6.765%. 

Sen. Chris Hansen, a Denver Democrat and prime sponsor of the bill, proposed changing the bill into only a study of short-term rental impacts. His amendment also would have prevented hotels from reclassifying their units as short-term rentals to avoid higher taxes.

For the complete story click here

Bill hiking taxes for short-term rentals to be gutted after resistance from AirBnB, VRBO

 #breckenridge #colorado #realestate

A bill that would have quadrupled property taxes for thousands of short-term rentals in Colorado is set to be significantly watered down next week, according to the bill’s sponsor.

Since Sen. Chris Hansen, D-Denver, proposed the bill in the fall, AirBnB, VRBO and other short-term rental owners have rallied against the idea, saying it would devastate the tourism economy that ski towns rely on.

Senate Bill 33 proposed classifying any property used as a short-term rental or more than 90 days per year as a lodging property beginning in 2026. Colorado’s property tax assessment rate for lodging properties in 2023 was 27.9%. For residential properties, it was set at 6.765%. 

If Hansen’s amendments are approved in Tuesday’s Senate Finance Committee hearing, Senate Bill 33 will instead require only a study of short-term rentals in the state. It would also prevent hotels from converting their rooms into short-term rentals to avoid paying the state’s lodging tax, Hansen said. 

For the complete story click here

Same 'ole, same 'ole in Breckenridge recent town council and mayor vote

 #breckenridge #colorado #realestate

Once again the voters of Breckenridge have decided to keep the same people in office = mostly.  The new mayor is the former mayor pro-temp after Mamula resigned to move up to the higher paying job of County Commissioner a few months ago.

So, we're stuck with the same anti-short term rental bunch that passed the seemingly unconstitional rules governing short term rentals in Breckenridge.

However, there is an ongoing lawsuite against the town regarding the short term rental regulations.

I believe if we continue down this path for too long, Breckenridge as we know it now will cease to exist.

A gentle reminder:  who pays for all that Breckenridge offers?  Tourists, that's who.  When tourists come to town what is their very basic requirement?  Short-term lodging.

It seems hard to believe the residents and government of Breckenridge wants to kill the goose that laid the golden egg, but that seems to be the case.

My rant is over for the weekend.  Thank you for listening.