Hi there! I’m Matt Dayton, your host for Ski Summit Show #97. On today’s episode, we’re diving into some crucial topics that affect real estate in Summit County and beyond, including new legislation around short-term rentals (STRs) and vacant homes. We also take a look at the latest snow updates and highlight some slope-side sleeper properties in the area.
What's Happening in the Summit
We kicked things off with an exciting snow update – the first snow of the season has arrived! Summit County has already received around 14 inches of fresh powder, and ski resorts are preparing to open. This is shaping up to be a great winter season, and we’re feeling the excitement as we head into ski season.
Real Estate News
The 2024 legislative elections are bringing forward some important debates, especially regarding the taxation of short-term rentals and vacant homes. There are varied opinions on how to handle these issues, with candidates supporting different approaches to local control and tax strategies. I dive into what some of the key players in Western Slope races have to say, including:
Elizabeth Velasco (D): Supports local control over STR taxes.
Caleb Waller (R): Supports treating STRs like hotels for tax purposes.
Julie McCluskie (D): Cautious about new taxes but supports local regulations.
Other candidates have their own takes on these pressing issues. Check out the full article here for more details.
Market Update
We’re seeing interesting shifts in the market across Summit County. In Breckenridge, houses are slightly in favor of buyers, while condos are more balanced. Dillon and Frisco show slight seller’s markets for homes, while Silverthorne remains a deep buyer's market, offering great opportunities for those looking to purchase.
Property Listings
We wrap up with a look at some of the top ski-in/ski-out properties this week:
104 Wheeler Place, Copper Mountain: A 3-bed, 3-bath condo listed for $1.4 million.
611 Village Road, Breckenridge: A 2-bed, 2-bath condo in Beaver Run at $945,000.
Chateau de Mont, Keystone: 3-bed, ski-in/ski-out condo listed for $1 million.
1891 Ski Hill Road, Breckenridge: A luxury 3-bed condo at $2.35 million with gondola access.
Luxury Home at $18 million: A massive 8-bed, 9-bath estate in Breckenridge right on the slopes.
As we take a brief break for the holidays, don’t forget to subscribe and stay connected with us on social media. Our next show will air after the winter holidays in February 2025. Thanks for being part of the community, and I hope to see you in the mountains soon!
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