From Keystone-Properties.com

Tips for Investors
Why Invest in Keystone Properties?
By The Walsh

So, you’re going to purchase a Summit County second home or vacation property and would like us to tell you why we recommend Keystone, Colorado real estate over other resorts?  Much obliged!  Not only do we love the active family atmosphere around real estate at the Keystone Resort, but for several reasons we think that a Keystone CO home or condo is the best investment available in the Colorado Rocky Mountains.

Keystone property offers the best bang for the buck (or the euro!) and here is why:  It has the best rental potential (many properties will cash flow with as little as 30% down!) and great appreciation rates (35% last year alone!) of ANY of the areas in Summit County...including Breckenridge!

For these and other reasons, Keystone Resort has grown in popularity, which means that your Keystone CO real estate will be in demand when you are not using it.  And, why is Keystone resort more and more popular? 

For one, it offers lower prices than the neighboring resorts!  Unlike some of the pricier resorts who pour millions of dollars into advertising, Keystone has successfully marketed to specific groups of people over the past number of years.  This type of advertising results in a savings that is passed on to visitors.  Also, the numbers of visitors have steadily climbed to over a million during the winter and are also increasing during warmer months.

People of all ages find plenty of rejuvenating activities here and this is bringing them back year after year.  The resort is convenient to the Front Range cities, quickly accessible for numerous short visits by people who have jobs in the metropolitan area or who travel in and out of the Denver International Airport.  And they come for the wonderful family activities like the new state-of-the-art terrain park that Vail Resorts has spent millions on over the past few years.   Therefore, more families and younger people are boosting a new life cycle in Keystone Resort. 

During the 1960s, Max Dercum and Bill Bergman actively pursued the development of Keystone Mountain with the vision of establishing an international ski area.  In 1967, their dreams were realized when the resort acquired approximately 513 acres of land.  With the big booms in the 1970s and 1980s after the opening of the Eisenhower Tunnel on Interstate 70, it continued to expand.  Today, with Vail Resorts’ commitment to move and expand the River Run Gondola, more people will be able to effectively move around the  the "three mountains at Keystone"!  Plans are also on the table to add ski lifts in Keystone Gulch, opening up even greater possibilities!

Housing is in demand and there are still places to expand.  Not only is our real estate appreciating at a healthy rate (depending on the particular neighborhood and project, anywhere from 20%-50% in 2007 - again, averaging a WHOPPING 35%!) but it is on schedule to become a sort of “downtown” as the community expands towards Montezuma, which is already in progress.  All of this means a very steady appreciation for our property values in the coming years.

The visitors will need relaxing accommodations and your property will beautifully host not only your personal retreats and family vacations but will provide a memorable hamlet of experiences for you and others to enjoy for many years to come!  Contact the Walsh Group and RE/MAX Properties of the Summit, the #1 Broker in the area, at (866) 513-0404 or (970) 513-0404 for excellent real estate advice and service.

 



Articles © Copyright 2006 by The Walsh Group