? Resort Real Estate – What is the #1 fact you should know when purchasing? Let’s consider a few things.
In Breckenridge, we ❤️ Texans! These wonderful folks are from the #1 state for purchasing second homes in our area. However, like most out of state buyers, they aren’t familiar with our real estate market.
Whether you’re purchasing a condo or home in The Hamptons, in Whistler British Columbia, or here in Summit County, Colorado, becoming highly educated by a local professional is a must.
If you’re coming from Manhattan or L.A., pricing in Breckenridge may seem like a deal. Don’t overpay! New York doesn’t have ski-in ski-out properties. It is probably a foreign concept to really know what a property here is worth.
But it doesn’t stop there. Properties in Breckenridge that sit on the pristine slopes have a different value than those you’ll find in Vail. Working with a professional that is educated and can back up any claims with hard data are a must.
So what is the #1 fact you should know before purchasing? Answer: What is the current value for properties in the area you are considering.
Knowledge is power!