FAQ
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Which Town should I look in for a good investment property?
All of the towns in Summit County have great investment potential however setting up a time to meet one on one with Madeline will allow her to see what your ultimate goals are with your property. For example, do you want to use the property as well? Do you want to rent the property to a full time resident or short term rent? How important is appreciation to you? These are all things you’ll want to ask yourself and to consider when looking to invest.
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What is a real estate transfer tax?
A real estate transfer tax is made at the time of closing. In Summit County, Colorado, these funds help to pay for a variety of the things that better the community – everything from sidewalk and road improvements to special events in the community in which you purchase.
The amount of real estate transfer tax in Summit County varies according to the location of the property purchased but will be either 0%, 1%, 1.5% or 2% of the total purchase price.
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If I see a property online and I can’t be there in person to see it, is there a way I can see it virtually?
Of course! Madeline works with many clients who are either out of state or in the front range of Colorado and cannot make it to see the property in a timely fashion. Madeline would be happy to either do a video walk through of the property or a virtual showing.
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What are the current short term rental regulations?
For the latest Summit County short term rental regulations and guidelines click here
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What towns make up Summit County?
Frisco, Breckenridge, Silverthorne, Dillon, Keystone & Copper Mountain all make up the Summit County area.
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Do you have market stats for the different areas in Summit County?
Yes! You can subscribe to my monthly Market Update by subscribing with your email at the bottom of our website. You will receive market updates, featured listings and other useful information in real estate.
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Should I wait for a correction in the market before considering purchasing?
I hear all the time that people wished that they purchased 2 years ago, 5 years ago or even a year ago but now prices are so high. The Market in Summit County has a history of appreciating at record levels. If you look back at the 20 year history the chart of appreciation looks like a backwards slide. There might be a little dip here and there but as long as you are looking for a place to make memories and enjoy or an investment property moving forward you should be just fine. The market in Summit County being a second home market is not affected as much in a downturn as say Denver or a metropolitan area that could mean a loss of jobs or relocation.
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Where should I eat in Summit County ?
Looking for a great burger or perhaps a restaurant specializing in vegan fare? Click here we have you covered.
