One of the questions I get asked all the time is why do people buy vacation homes in Breckenridge? There are plenty of ski resort towns to visit, but Breckenridge vacation homes stand out for a number of reasons. The mountain and sunset views are spectacular, the recreational options are endless, regardless of the season, and you'll find a diverse mix of gorgeous homes in the Breckenridge real estate market. From absolutely stunning ski in ski out chalets to convenient homes in town to luxury homes near Breckenridge Golf Club, there are plenty of options for vacation homes.
While each buyer has their own personal reasons for buying a vacation home in Breckenridge or one of the nearby towns in Summit County, I find that the following common threads usually run through all their purchase decisions:
1. Rest and Relaxation
People's lives are more hectic and overscheduled than ever. A Breckenridge vacation home gives people a place to come and unwind on a regular basis. Whether this means hitting the slopes in the winter, hiking in the summer, or relaxing with a book in front of a fire, downtime soothes the soul.
2. Vacation Homes Bring Families Together
Sometimes you just need a place for the family to gather. As kids grow up, get jobs in other cities, get married, and have families of their own, a Breckenridge vacation home offers the opportunity to bring the entire family together for holidays and celebrations. Whether it's skiing skiing or golfing or any other activity, it's a change to reconnect with each other. If someone in the family has, or is considering having, young children then it's also a chance for them to learn how to ski or snowboard.
If you want be updated about new homes on the market in Breckenridge and Summit County, sign up for the free Colorado Mountain Retreat Realty home finder. Specify the types of homes you want to receive emails about and we'll send you an alert as soon as a home that meets your criteria becomes available! This way you'll have a head start on other buyers.
If you're thinking of retiring down the road, Breckenridge is also a great town for a retirement home. While none of us has a crystal ball on the future of our real estate market, we can be fairly certain prices will consider their climb. Additionally, interest rates are still very low by historical measures. You can lock in a low interest now and by the time you retire, your home will be paid for and available for you to have an amazing life in retirement.
4. Earn Extra Income
Sadly, most people cannot live in this paradise full time—they have jobs and obligations back home. The good news is Breckenridge homes have plenty of income potential. Almost every house or condo in Breckenridge can be rented in those times the owners cannot be there. Whether you choose to hire one of the many professional management companies to rent for you, or use a self-management option like AirBNB or VRBO, you will have the opportunity to offset a significant part of your cost of ownership. Self-management offers you the satisfaction of playing a part in the enjoyment of the property and the area by others. This can be very rewarding!
5. Investment Value
In these times of on-again, off-again growth in the stock market, very poor returns on savings and bonds, the craziness of Bitcoin and other mediocre investment options, resort real estate is a consistent good performer, especially in Breckenridge. We have had double digit returns for the last 2+ years, and there is every sign this will continue into the foreseeable future. Why? Well, they simply aren't making any more of it. Breckenridge and the surrounding Summit County area is almost 80% publicly owned land, leaving an ever shrinking availability of developable properties in the area. Supply and demand dictates prices must go up. Therefore, Breckenridge homes for sale should have great investment value!
A chance to relax, time with family, a great place to retire, and wealth accumulation through income and appreciation are all top reasons to own a Breckenridge vacation home. The best part is, you can have it all! Most of our clients get all of these things from their home AND MORE!
We have many great properties available for purchase today. Plus, with the variety of home types and locations—ski in ski out, riverfront, lakefront, in-town condos, and cabins in the woods, I can guarantee we have a property to fit your desires and budget. Contact Colorado Mountain Retreat Realty for more information.