5 Reasons Why The Real Estate Market Is Hot In Winter Park

5 Reasons Why The Real Estate Market Is Hot In Winter Park

1. Alterra Mountain Company - The parent company of Winter Park Resort, Alterra Mountain Company, announced that Winter Park will receive $28.2 million for capital improvements this year. This will include the replacement of the Zephyr Lift with a 10 person gondola as well as an overhaul of the Resort’s snow making equipment (which is 42 years old).

2. The last affordable ski town in Colorado - Compared to other ski towns, Winter Park and Grand County provide the most affordable single family home and condo/townhome prices. According to the multiple listing service reports, in Grand County the average price of a single family home is just under $500,000. In Summit county, the average price of a single family home comes in over $1.1 million, Eagle and Pitkin counties are even higher.

3. Proximity to Denver - Just 68 miles from Denver, the drive to Winter Park is an easy trip that takes you off the I 70 corridor well before the Eisenhower Tunnel traffic. Additionally, Winter Park is the only ski town in the United States accessible by train.

4. We’re Friendly - Winter Park is a mountain town without pretense. Ask a local why they live here, and chances are good they will attribute their choice to the small town, friendly atmosphere that defines Winter Park.

5. Supply and Demand - The simple rule of supply and demand definitely impacts real estate. According to the Multiple Listing Service the number of active listings for condos/townhomes/duplexes in January of 2018 was down 54.7% from January of 2017. Thinking of selling? Now is a great time!

Author: Angela Sandstrom
Phone: 970-531-0418
Dated: March 12th 2018
Views: 357
About Angela: I fell in love with Grand County at an early age when my family traveled from Ohio to ski at Winter ...