Monday, November 3, 2008

Factors Of Real Estate Cost In Summit County Colorado

By Chris Channing

The mid 1800's brought a fascinating phenomena when small gold mining towns appeared almost overnight in some areas. This is true for the town of Breckenridge Colorado. Vice President John Cabell Breckinridge was who the town was named after but had an "i" changed to an "e" during the civil war. In the 1930's the town had the record low of its population and by the 1960's had experienced a boom of visitors from the skiing community.

The area of the town itself is just below 5 square miles, but the surrounding Rocky Mountain land is grand and beautiful. They experience about 300 sunny days a year and get around 250 inches of snow annually. With the growing number of families that want to move out west and the limited land in these prime Summit County locations, the real estate for Breckenridge will certainly fluctuate in price.

The mountainous terrain and beautiful River that Breckenridge occupies are very close and offer many recreational activities to explore. The summers are warm and the winter months have plenty of snow always. The land offers a large amount of visual beauty and opportunities to get out ant relax in the great outdoors.

Summit County also boasts a number of recreational activities that are sure to please. Getting some hiking done in the summer or skiing in the winter is a great way to get that heart working. Whitewater rafting is an experience that needs to be done to really understand the thrill and pleasure. Walking the trails or fishing the many locations will keep your lure box in great shape as well as giving you more reasons to buy better fishing rods.

A decent home or piece of land will cost arount$20,000 to $4,000,000. Building a new home or condominium on the land will also be more expensive depending on the size and location. The real estate market for Breckenridge is quite strong and is expected to only get stronger as more people realize how great the weather and area is.

Basically, any type of real estate can be purchased in Breckenridge. Location, elevation and price range in Summit County will often fluctuate. Getting a large home or large piece of land will set you back more, especially if the land is in a premium location. If the land surrounding yours is a premium location for a condominium complex or resort, you can expect for your real estate to gain value.

Closing Comments

Summit County offers many great real estate locations within and around Breckenridge. The large number of recreational activities makes Breckenridge an ideal place to live for those wanting to retire, or have a great place to play while they still can. - 15437

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