Five Reasons to Buy Breckenridge Land Sooner
West of Denver, Summit County Colorado is located in the heart of the Rocky Mountains. Interstate 70 traverses east/west through the county. Summit County primarily consists of national forest and wilderness near the Continental Divide. Consequently, the terrain is perfect for skiing and hiking.
One of the hubs of Summit County, the historic Town of Breckenridge is the county seat. It is located south of Interstate 70 on Highway 9. The Town and Breckenridge Ski Resort are probably the most widely known of mountain villages and ski areas. The waters of the Blue River flow through Breckenridge.
Buyers wanting to build and investors find it increasingly difficult to procure vacant Breckenridge land. Available Breckenridge land comes only in small parcels. Larger acreage may include undesirable traits such as marshlands or steep and rocky terrain. Both are difficult to develop. Some Breckenridge land is available in subdivisions where most lots are less than a half-acre. North of Town in the Highlands, there are a very limited number of home sites over one acre.
Following are five reasons why anyone desiring vacant home sites for a custom build or Breckenridge land for development should be encouraged to take action sooner rather than later:
1. Breckenridge is approaching build out.
2. There are more choices now than there will be in the future.
3. Prices for Breckenridge real estate are rising.
4. Interest rates have started going up, adding to the cost for non-cash buyers.
5. Interest rates may increase dramatically when the Fed stops quantitative easing.
South of Breckenridge, land is slightly more plentiful. Many of those subdivisions have a rural feel. In the tiny Town of Blue River, a number of large wooded lots can be found in the rural subdivisions, such as Lakeshore, Spruce Valley Ranch, Spillway, and Crown. There are a dozen other subdivisions in the forests along the Highway. Some have vacant lots. Ask about Aspen View, Bekkedal, Blue Rock Springs, Cornet, Mountain View, Leap Year, New El Dorado, Royal, Sherwood Forest, Sunny Slope, Timber Creek Estates, Wilderness, 97 South, 96 Subdivision, and others.
Farther up in the high elevations towards Hoosier Pass are a few Summit County subdivisions with larger parcels. These outlying subdivisions include Tordal Estates, Quandary Village, Valley of the Blue, Alpine Breck, 39 Degrees North, and McDill Placer.
Note: Buyers investing in land outside of the Breckenridge city limits are not subject to the one-percent transaction fees charged by the Town of Breckenridge.
Our RE/MAX Properties of the Summit offices are located in Keystone, Frisco, and Breckenridge. Click here for assistance buying new homes in Breckenridge as well as homes, townhomes, and condominiums in Summit County, Colorado.