Summit County’s adoptable pets for the week of Feb. 26

 #colorado #breckenridge #realestate

Smudge 

Call the shelter at 970-668-3230 with questions. The most recent list of animals available for adoption can be found on the shelter’s website:  Here

Summit County real estate sales totaled nearly $35.3M for the second week of December

 #colorado #breckenridge #realestate

Real estate transactions in Summit County total nearly $35.3 million across 26 sales that took place from Dec. 12-16.

For the detailed list click here

Split council vote approves funding mechanism for developers pitching ‘ginormous’ redevelopment of Dillon’s town core

 #breckenridge #colorado #realestate

A developer proposing a redevelopment plan in Dillon’s town core has received approval to begin the process of establishing metropolitan districts to help fund a project called Triveni Square.

Several residents raised concerns, such as the potential scale of the project proposed by JGJP Dillon, LLC, but the Dillon Town Council voted 5-2 on Tuesday, Feb. 21, to establish a service plan allowing the metropolitan districts to be organized.

Council members who voted in favor of the service plan said the approval does not greenlight the proposed project and is only a “first step” in establishing a mechanism that could help fund redevelopment. 

Mayor Carolyn Skowyra and council member Kyle Hendricks voted against the service plan, raising concerns that the proposed project is too big and does not mesh with the town’s goals to increase workforce housing and available parking.

Jake Porritt, the developer, told the council that once a service plan is approved, the development team can begin negotiations with the town to work out what the project will look like, its scale and what it includes.

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As Keystone incorporation vote nears, its proponents and Summit County officials differ on the possible financial impacts

 #keyston #colorado #realestate #breckenridge

A report by officials presented during a Feb. 21 Summit Board of County Commissioners meeting found similar revenue projections for Keystone as another report conducted by a nonprofit group of advocates for incorporation — known as the Keystone Citizens League. However, it differed on how much funding would be left over year-over-year based on the would-be-town’s expenses. 

“Both our assumptions are relatively close on revenues,” said David Reynolds, the county’s finance director. “It really comes down to the cost assumptions … between admin, public works, etcetera.” 

According to a county memo presented by Reynolds, Keystone is projected to bring in about $20 million in revenue over the next five years beginning in 2023. That projection was based on data compiled by a Colorado-based consulting firm, Triple Point Strategic Consulting, which the county contracted with.

A citizens league analysis projects that revenue will be $19 million over the same period of time. 

But county officials also estimate the town will spend $19.6 million over the next five years compared to an estimate of $14.3 million by the citizens league, though much of that is based on a 2021 report, according to Reynolds. 

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Summit County’s adoptable pets for the week of Feb. 19

 #breckenridge #realestate #colorado

Call the shelter at 970-668-3230 with questions. The most recent list of animals available for adoption can be found on the shelter’s website:  Here

Real Estate Market Review

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Nancy's Real Estate Market Review & January 2023 Statistics ​ Breckenridge  Frisco  Silverthorne  Dillon  Keystone  Copper Mountain  Quite Interesting Information - Check it out! ​ Average Sold Price Change from 2019 to 2022 The chart above represents the average sold price change from 2019 to 2022. We took 2022's average sold price and subtracted 2019's. The average sold price dollar gain ranged from a low of $346,166 in Keystone to a high of $548,852 in Breckenridge. These are very healthy gains. The top number is the average sold price in 2022 and the bottom number represent the gain in dollars from 22' vs 21', 20', and '19. 2022's Average Sold Price and Percent Gain for 22' vs 21', 20', and 19' The percentage change from 2019 to 2022 is rather substantial, with a low increase of +48% and a high increase of 75%. The increase from 2020 to 2022 is a bit lower but still hovering around 40% to 50% increase.  Then and when comparing 2022 to 2021, all double-digit increases ranged from a rise of 11% to an increase of 41% at Copper Mountain. ​ The top number is the average sold price in 2022 and the bottom percentages represent the changes from 22' vs 21', 20', and '19. ​ Detailed Graphs & Statistics Below Market Statistic Details: History of Sales & Average Sold Prices 2000 - 2022, Condominium Sales by Town, Single Family Home Sales by Town, Residential Sales by Town,  Have a Fun & Safe President's  ​ Day/Weekend and, ​ Nancy Yearout Broker Associate RE/MAX Properties of the Summit 970-485-0293 nancy@buyinbreckenridge.com Website: buyinbreckenridge.com RE/MAX Properties of the Summit  Source: Sold Data from SAR MLS.  Stats pulled on 2/5/23. *SAR MLS Data  Annual sales 1/1 through 12/31. *Residential Sales (home, Condo, Townhome & Duplex),  Change is Year over Year 2022 vs 2021. **The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.  Each office is independently owned and operated.

Summit County commissioners approve package of short-term rental regulations despite complaints, ending a monthslong initiative

 #colorado #breckenridge #coloradorealestate

More than a year after passing the first moratorium on short-term rental licenses for unincorporated areas of Summit County, the Summit Board of County Commissioners has approved a package of new regulations for those properties. 

During a Feb. 15 public meeting, commissioners voted unanimously to implement license caps and limit short-term bookings while carving out some exceptions for certain residents, finalizing a monthslong effort by the county government to preserve housing stock and mitigate neighborhood tensions. 

“I know that it’s not been without conflict,” said Commissioner Josh Blanchard. “I appreciate the passion … I appreciate the engagement.” 

As commissioners prepared to vote, they listened through public comments lasting roughly three hours as dozens packed the room and more than 180 watched online. As residents and property owners spoke, they highlighted the differing attitudes and — at times — contention around the proposal to regulate the short-term rental industry. 

“Summit County finds itself in a really difficult place, which makes this a very difficult decision,” said Commissioner Tamara Pogue. “We’ve heard from so many people over the course of this conversation just how much their livelihood depends on short-term rentals. But we’ve also heard over the course of this conversation just how many people’s livelihoods are threatened by short-term rentals.”

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Panera Bread planning to open in Dillon within the next 6 months

 #breckenridge #colorado #breckenridgerealestate

Panera Bread is planning to open its location at 257 Dillon Ridge Road in Dillon within the next six months, according to Meghan Anderson, a marketing manager for the company.

“We faced some challenges — a lot due to the pandemic with sourcing materials and things like that,” Anderson said. “But we are planning on opening.”

While it remains too early to pinpoint an exact opening date, she said the company is “very, very excited.”

For the rest of the story click here

Summit County’s adoptable pets for the week of Feb. 12

 #breckenridge #colorado #breckenridgerealestate

Cinder 

Summit County’s adoptable pets for the week of Feb. 12 The most recent list of animals available for adoption can be found on the shelter’s website Here

Summit County real estate sales totaled over $22.8M for the last week of November

 #colorado #breckenrideg #coloradorealestate

Real estate transactions in Summit County total over $22.8 million across 20 sales that took place from Nov. 28 - Dec. 2.

For a detailed list click here

Push to make Keystone its own town continues — with upcoming community events planned ahead of March 28 vote

#colorado #coloradorealestate #coloradorealtor

 A campaign to make Keystone join the ranks of Breckenridge, Frisco, Silverthorne and Dillon by becoming its own town is forging ahead — with a vote scheduled March 28 vote that will determine if the roughly 1,200-person community will become a home rule municipality or remain unincorporated and governed by Summit County. 

Should voters choose to do so, Keystone could become the newest town in the state following in the footsteps of the Front Range communities of Castle Pines in 2008 and Centennial in 2001.

Registered voters in Keystone will be asked three questions on their March ballot: whether to incorporate or not; if a charter commission should be formed to write the town’s rules and who should sit on that commission. 

A meeting was held Feb. 3 to finalize the ballot order of 13 Keystone residents vying for a seat on the charter commission, according to Keystone Incorporation Committee President Ken Riley. 

For the full story click here

Summit County’s adoptable pets for the week of Feb. 5

#colorado #breckenridge #coloradorealestate

Arabella 

Call the shelter at 970-668-3230 with questions. The most recent list of animals available for adoption can be found on the shelter’s website:  Here 

Why should you report an avalanche?

 #colorado #breckenridge #coloradorealestate

This story by Charles Pitman was first published in the Summit Daily News.

On numerous occasions I have written that Summit County Rescue Group would like any witnessed avalanche to be reported, even if there were no injuries. But it may not be evident just why we want those reports called in.

Avalanche notifications are one of the few to Summit County Rescue Group that result in immediate action (another being a swift water call). If a slide is reported to dispatch with no amplifying information as to whether anyone was either buried or injured (that is, the reporting party simply does not know), the on-call mission coordinator has to assume the worst and numerous agencies will be notified. Urgency is of utmost importance since survival from a burial is very time critical. Although survivals of someone fully buried are rare, all avalanches are treated as though any burial can be a potential life saved.

One of the first notifications will be for a Flight for Life helicopter overflight to assess for tracks in and out of the slide, whether any personal items are seen on the avalanche debris field (e.g., skis, clothing) or to look for someone frantically searching, digging or waving.

For the complete story click here

Summit County real estate sales totaled over $28.0M for the fourth week of November

 #colorado #breckenridge #coloradorealestate

Real estate transactions in Summit County total over $28.9 million across 23 sales that took place from Nov. 21-25.

For a detailed list click here

Summit County’s short-term rental regulations face further adjustments two weeks before commissioners take final vote

 #colorado #breckenridge #coloradorealestate

Two weeks before the Summit Board of County Commissioners is set to take a final vote on legislation that will overhaul the short-term rental licensing process, officials are continuing to make adjustments to the policy.

The most significant changes supported by commissioners during a Jan. 31 meeting had to do with booking caps for properties — an amendment first discussed during commissioners’ Jan. 24 meeting in which they held a first reading and vote on the ordinance. During that meeting, commissioners voted to change a 135-night limit to one that limits short-term rentals to 26 separate bookings per year.

During the Jan. 31 meeting, commissioners directed staff to increase the ordinance’s booking limit to 30 amid concerns that 26 did not mirror the original intention of their policy. Commissioners said they hope the booking cap will achieve the same goal of a 135-night limit, which they said is to reduce disruption to short-term rental neighbors. 

For the complete story click here