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Real Estate of Winter Park - March eNewsletter

WEATHER CONDITIONS Click on the icon for current weather conditions in Winter Park.
There is more to the Winter Park area than just skiing... We have lots of other fun local activites!
We strive to be the best for our clients. Part of that goal is contributing to our community. In our 4 years of business, Real Estate of Winter Park has contributed over $70,000 to local organizations and countless hours of time. We love where we live and play and enjoy helping the great organizations we have in the area. We currently contribute to over 25 non-profits including: The Grand Foundation, National Sports Center for the Disabled, Grand County Blues Society, Pet Pals & Winter Park Comp Center. We also encourage you to support these organizations in any way you can! Read about the organizations we give our time, money and passion to here...
Ahh....beloved March. The skiing is spring-like, the sun is out much longer each day, the tourists AND locals are walking around town with funny goggle tans! Now that were into the last third of the first quarter of 2012, we wanted to share some market tidbits with you. Julie White, our gal Friday here at REWP, recently attended the Realtor Day at the Capital in Denver.Real estate trends were a hot topic and the predictions were that 2012 will look a lot like 2011: prices and sales activity wont change drastically. Less government incentives will be likely as well: no first time homebuyer incentives, fewer energy improvement incentives, etc. Does this mean the market can stand on its own? Only time will tell. Here at REWP, were very pleased with the property interest, internet inquiries and phone calls weve been receiving in the last couple of weeks. Were optimistic about sales in this wonderful Valley in the months to come. Heres a statistical snap shot: Residential sales volume is up 73% in the Winter Park area. The number of sales is equal to the number of sales during this same period in 2011.Some higher priced homes have sold this year in the area which is what has created this surge in volume. The condo market is somewhat flat. Weve had 16 closings so far this year vs. 18 at this time last year. Sales volume is down by 20% and the average sales price is down 29% (from 276K in 2011 to 194K in 2012). There are some great deals out there right now from bank owned ski in ski out properties to condos in the larger complexes where many units are available. Vacant land is flat as well. There have been 4 sales in the WP area, 4 in the Granby area and 1 in the Grand Lake area. Building materials are as costly as they were 6 years ago so Buyers are being very careful to assess cost vs. return when investing in land right now. For more info on statistics, check out our latest Real Estate of Winter Park Report which highlights year end trends of 2011. Come enjoy some spring with us!
Want Better Trails? Please take the survey. Your input matters and is grately appreceiated! Avid mountian bikers in the Fraser Valley have come together to create a better trail experience for everyone to enjoy. They have created the Grand Mountain Bike Alliance (GMBA) and need your opinion to help guide the improvements they will make to our area. Facebook GMBA to stay up to date on current trail maintenance, new trails, fundraising, social events and more!
- 60 species of mammals can be found in Rocky Mountain National Park. - Grand County is home to four world class golf courses. -The Ute Indians believed the waters in Hot Sulphur Springs had healing powers and referred to them as Big Medicine.
Real Estate of Winter Park 970.726.2600
Download Real Estate of Winter Park's New App to View all Properties for Sale in Grand County! Prices. Photos. Location. Text REWP to 87778 (or click on the image above for more details)
Browse all Grand County Properties for Sale!
Real Estate Stats Whether you are thinking of buying or selling it is important to be educated on your local real estate statistics. REWP provides a detailed 10 year comparison of these numbers on our website for the Winter Park, Granby and Grand Lake areas based on property type.
Short Sale & ForeclosureOpportunities in the Winter Park, Granby & Grand Lake areas.
Monthly Homeowner To Do
March is a month to start planning what projects you are going to tackle this summer. It is important to continuous maintain your home inorder to help keep it's value as high as possible.
  • Painting or staining the exterior? Pick out your colors and choose a contractor if necessary.
  • Adding a deck? What materials will you be using? Does it need HOA approval?
  • Replacing windows? It's time to get some quotes on installation.
  • Creating a new flower bed? Raised beds are best in this climate because they hold heat better.
No matter what your plans are, you will need to prepare so the project runs smoothly!
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