In this guide we will expound on location popularity vs price and short term vacation rental income.
Location & Popularity:
Breckenridge area, which inclues Blue River, is most popular in Summit County and Real Estate sales volume in the Breckenridge area accounts for more than 41% of the entire Summit County area sales volume since 2000.
Silverthorne area is the second most popular accounting for more than 15% of the total sales volume trailed by Keystone which accounts for about 14% of total sales volume in Summit County. However Silverthorne has been the fastest growing in the last ten years and that trend still continues today.
Vacation Rental Income:
Short term rental income is highest in Summit County's resort towns which include Breckenridge, Keystone and Copper Mountain. Rental income can vary, depending on property location, size and amenities. Silverthorne and Frisco have also seen great rental income due to the ammenities the towns have and their central location to all the resorts. May vactioners now ski and enjoy all the resorts and that is creating additional demand in these cities.
Blue River, Colorado offers a good selection of large vacation rental homes and it is located only 2.5 miles south of Breckenridge.
Once you have identified a property we will get you rental income estimates from several local property management companies.
Summit County Home Price Overview:
Below please find a table of Summit County and surrounding areas average home price per SQFT Town | Average Price / SQFT | Average Home Price | Alma | $254 / SQFT | $358,412 | Bailey | $418 / SQFT | $1,525,000 | Blue River | $326 / SQFT | $840,825 | Breckenridge | $473 / SQFT | $1,955,144 | Buena Vista | $144 / SQFT | $542,250 | Como | $193 / SQFT | $185,000 | Copper Mountain | $523 / SQFT | $1,650,000 | Dillon | $314 / SQFT | $891,955 | Fairplay | $214 / SQFT | $444,820 | Frisco | $458 / SQFT | $1,363,966 | Gypsum | $286 / SQFT | $1,275,000 | Hartsel | $290 / SQFT | $777,500 | Heeney | $256 / SQFT | $1,400,000 | Idaho Springs | $221 / SQFT | $985,000 | Jefferson | $210 / SQFT | $147,900 | Keystone | $450 / SQFT | $1,959,214 | Kremmling | $170 / SQFT | $325,157 | Leadville | $145 / SQFT | $233,023 | Parshall | $239 / SQFT | $599,666 | Placer Valley | $277 / SQFT | $199,900 | Salida | $266 / SQFT | $265,000 | Silver Plume | $192 / SQFT | $557,450 | Silverthorne | $350 / SQFT | $1,208,172 | Twin Lakes | $242 / SQFT | $1,084,666 |
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