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Summit Real Estate's Deena Heppner Sponsoring Fundraiser

by Allison Simson

Join Us! A Fundraiser to benefits our local Silverthorne Climbing Gym!

When: November 5th, 2019 6:00 pm

Where: Summit Climbing Gym 1291 Blue River Parkway Silverthorne (Next to Habitat ReStore)

What: Watch the latest (often sold out) Reel Rock installment "Reel Rock 14". Plus FREE Beer/Pizza and a Rad Raffle!

View Trailer "Reel Rock 14":

Get Reel Rock 14 Tickets click on image:

 

Summit Made the Top Five Vacation Spots~

by NAR

Sweeney Todd: The Demon Barber of Fleet Street” runs now through Oct. 27 at the Breckenridge Theater, 121 S. Ridge St., in Breckenridge. Courtesy Breckenridge Backstage Theatre

BRECKENRIDGE — October has arrived and the countdown to Halloween has begun, so get in the mood with Breckenridge Backstage Theatre’s production of with “Sweeney Todd: The Demon Barber of Fleet Street.”

In the award-winning musical by Stephen Sondheim and Hugh Wheeler, Sweeney Todd, an unjustly exiled barber, returns to 19th century London seeking vengeance against the lecherous judge who framed him and ravaged his young wife. 

The road to revenge leads Todd to Mrs. Lovett, the proprietress of a failing pie shop, above which he opens a new barbershop. Mrs. Lovett’s luck shifts when Todd’s thirst for blood inspires the integration of an ingredient into her meat pies that has the people of London lining up.

Tickets range from $15 to $43 and the show runs now through Oct. 27 at the Breckenridge Theater, 121 S. Ridge St., in Breckenridge. It is two hours long with an intermission and rated PG-13. Visit backstagetheatre.org or call the BreckCreate box office at 970-547-3100 to purchase.

Summit Daily- Everything Summit

FRISCO — The town of Frisco is hoping to remove some of the unintended consequences of past deed restrictions placed on homes in town.

The Frisco Town Council unanimously voted to adopt a resolution at their regular meeting Tuesday night that would allow homeowners with a deed restriction on their property to opt in to a new housing covenant offered by the town. The move is meant to help incentivize home improvements on restricted properties, and provide more flexibility to sellers so they aren’t forced to take a loss, while still assuring affordability for buyers. Council members Jessica Burley and Melissa Sherburne recused themselves from the vote.

“We tried to address each problem that was identified,” said Nancy Kerry, Frisco’s town manager. “It isn’t a perfect solution. Not every homeowner will make money. That’s how the housing market is for anybody. The goal of the council was not about guaranteeing any sales prices. But it also isn’t to force people to lose money. So we’re trying to thread the needle to the right outcome with as few unintended consequences as possible.”

There are currently about 170 deed-restricted covenants in Frisco, and while they aren’t completely consistent in terms of restrictions, most include the same language in regard to maximum resale value for sellers. Kerry said that language is the heart of the problem.

Under most current covenants, sellers are only allowed to sell their homes for a sum that’s equal to the lesser of two scenarios: either the purchase price plus 3% a year (not compounded), or the purchase price plus a percentage increase equal to the percentage increase in the area median income (AMI) from the time the unit was purchased until the time it’s listed for sale.

This means that in some cases, when there’s a negative or static change in AMI from the time of purchase — calculated using a national formula by the U.S. Department of Housing and Urban Development, with local variations — homeowners would be forced to sell their property for less than they purchased it for or a very small profit. It also means individuals with similar properties may be forced to sell under extremely different circumstances based on when they sell their homes.

“Let’s say someone purchased a house in 2011,” said Katie Kent, a planner for Frisco, in an interview with the Summit Daily this summer. “You actually pull out this spreadsheet from 2011 and look at what the AMI was that year, then you look at the AMI in the year they want to sell it and calculate the difference, whether it’s positive or negative. It all depends on what year you bought. You can only look at the year you purchased and the year you’re selling. And because the covenant says lesser of, if that number has gone down, that’s the formula, and that’s how you get the negative sell price.”

The new resolution creates a voluntary covenant that owners of current deed-restricted properties can join to change the maximum sale price calculation on their covenant.  

The new formula would set the maximum sale price as the sum of the seller’s original purchase price, a 3% increase annually (not compounded or guaranteed), the cost of qualified capital improvements on the property, and the cost of real estate commission. Sellers can also add a 2% bump on the commission if they use the Summit County Housing Authority to list their home.

Of note, homeowners won’t be allowed to sell above the set maximum purchase price in the published Summit County AMI at the time, even if the new calculation suggests they should be getting more. The only time someone would be able to sell their property above the published AMI is if they would otherwise be forced to take a loss on the deal — at which point they could sell for the original purchase price.

The new calculation also doesn’t guarantee that homeowners will get to sell at their highest allowed price, as they’ll still have to find a buyer within the correct AMI threshold to agree to that price. Though, it does provide increased flexibility for both buyers and sellers. For the first 30 days a property is listed, members of the Frisco workforce will have priority to purchase the property at its original AMI. Though, if the home isn’t sold in those 30 days, a 20% AMI spread goes into effect opening the door for more buyers.

For example, if someone lists a property restricted to buyers at 100% AMI and it doesn’t sell in 30 days, individuals who qualify at up to 120% AMI would then be allowed to buy the home.

Town officials also hope that by adding capital improvements and real estate commissions to the calculation they can encourage homeowners to make improvements to their homes without fear of losing value when selling, and to use a real estate agent so buyers aren’t left unaware they’re purchasing into a deed-restriction.

Kerry said that individuals interested in changing their deed restrictions would have to fill out an application, and have an informational session with town staff to make sure they understand how the new covenant would affect them.

“The goal is to have an inclusive community, and we want a range of people to be able to afford to live here,” said Kerry. “But in manipulating the market there are unintended consequences, and that is true for all affordable housing programs. … You have to be really careful. You can’t think of every possible outcome. But you can try, and that’s why we gathered as much information as we could to try and find the real causes of the problem.”

16th Annual SRE Client Appreciation Party Wrap Up!

by Summit Real Estate

Another year of great food, friends and engaging with the great folks of Summit County! We truly enjoy what we do and when we get a chance to celebrate we do so with so much joy and gratitude it lasts long after the celebration!

"Thanks to all the staff who provided a wonderful evening for us!  Everything was wonderful. You’re the best!" The Bonnets

"Thank you very much for a  great party.  It is always such good food and such good company.  I appreciate being invited." M. Rachwalski 

A Special Thank You to Our Generous Sponsors: Movement MortgageTiger Home InspectionsNew Belguim Brewing, CO and Mountain Equity.  Great food and Service from Mountain Lion Cafe. 

 

 

 

Isabel Live Day of Party- A Picture Perfect Day!

 

 

 

 

 

 

 

 

 

We can't thank you enough for those who attended and made this event all it is to us!

Warmly, SRE TEAM

Summit Real Estate's Very Own BEST OF SUMMIT- Kelie Gray

by Summit Real Estate

Kelie is truly honored to have been nominated & her team here at

Summit Real Estate is super proud ​to support her! 

We have voted for her and would love for you to

join us in voting for the BEST! 

 

VOTE FOR KELIE

Go to Services> Real Estate Agent

About Kelie:

It is Kelie’s goal to help you focus on your mountain real estate needs so that you can move on to new adventures. She truly listens and works diligently on your behalf, while keeping your goals in mind.  Her love of the mountains, extensive knowledge of the local real estate market, and long career of helping buyers and sellers in Summit since 2002 will help get you where you want to be.  Real Estate is her Specialty and helping others is her Passion!

“Moving to Dillon from Iowa in 1999 was the best decision I ever made. The midwest is  a wonderful place to be from, but I look forward to raising my family in the mountains! I would be honored to help you find the mountain property of your dreams, and listening to your needs and goals is always a good place to start. Whether you're looking for a vacation home or looking to make Summit County your permanent home I hope that I can share my love for the mountains!"  

Kelie's Success Stories told by her clients: 

 "Quite simply put, Kelie is THE best. She knows her stuff and possesses a plethora of pertinent, far ranging information. Though every agent has access to all mls listings, it’s what they do or do not do that is important. Kelie KNOWS what to do!Gary Moore's 5 Star Google Review

Need something to do in Summit County this mud season? Start here...

by Summit Daily Heather Jarvis

Mud season. The name says it all. While the sloppy trails keep some tourists away, the spring off-season is actually a time to break out and try some new adventures. After most of the resorts stop spinning their lifts in April, there’s a quietness around Summit County where residents have a chance to recharge and enjoy the season before summer hits.

While we call it the off-season, there are still plenty of activities and things to do around the county. In fact, it’s one of the best times of the year to find deals at local eateries and businesses. It’s also one of the best times to get outside and revel in the solitude.

OUTDOOR ACTIVITIES

Hike along Lake Dillon (free)

While most of the trails are a muddy mess, the Summit County recpath system is a great option to stretch the legs. The recpath has plenty of routes to choose from with a variety of difficulty levels. For pathway locations, rules, regulations, etiquette guidelines and ADA accessibility information, go to: SummitCountyCo.gov/1130/Recreational-Pathway

Road biking (free with your own bike)

Bring your bike and cruise along the recpath system or on the roads. For a challenge, ride the 18-mile, 1,100-foot climb around Lake Dillon. The route has one significant climb and descent over Swan Mountain Road on the south side of the lake. A round trip from Breckenridge will extend the ride even further, for 31 miles with 1,600 feet of climb.

Bike and ski (free/$)

Bike and ski all in the same day by packing your gear and riding eastbound up Highway 6 to Arapahoe Basin Ski Area, the resort in Summit County that stays open the longest. Expect A-Basin to be open through at least May, but depending on snow conditions it sometimes stays open through the month of June. In a really good snow year, you might even be able to ski into June or July, making a ski-in-the-morning, golf-in-the-afternoon day possible.

Guided bike tours ($)

Discover Breckenridge on a bike with a guided tour from Breck Bike Guides (CycleBreck.com) or Colorado Adventure Guides (ColoradoAdventureGuides.com). Kick it up a notch and take a guided fat bike beer and distillery tour with Ridden Breckenridge (BreckenridgeBikeTours.com).

Ski and music (free/$)

Ski during the day or just come for the free music on Saturdays at Arapahoe Basin. The ski area’s Shakin’ at the Basin Spring Concert series begins April 27 with music from 1–4 p.m. in the Mountain Goat Plaza base area. For more information, go to ArapahoeBasin.com/events/

Take the Summit Stage from Keystone or town, visit SummitStage.com for route information and times.

Guided fly-fishing on the Blue ($)

While the spring runoff can make the temperatures in the Blue River downright chilly, those willing to suit up and brave the water will be rewarded. Water temperature fluctuates from February through March or April, and the bugs begin to hatch, according to the crew at Cutthroat Anglers. Fish such as rainbow trout and cutthroat trout are very active this time of year feeding on the bugs before they start to spawn.

“You definitely want to wear waders, that’s the main difference,” a Cutthroat Anglers manager said about fly-fishing in the spring compared to the summer. “Don’t hesitate to get out and give it a try.”

Don’t have your own gear or just want to find the best fishing holes? Check out these local shops for guided trips:

Cutthroat Anglers: 400 Blue River Parkway, Silverthorne. 970-262-2878

The Colorado Angler: 249 Summit Place, Silverthorne. 970-513-8055

Mountain Angler: 311 S. Main St., Breckenridge. 800-453-4669

Trouts Fly Fishing: 309 Main St., Frisco. 970-668-2583

Breckenridge Outfitters: 101 N. Main St. B, Breckenridge. 970-453-4135

Early season rafting ($)

May can be a fantastic time to go rafting: river flow is high, there are less people on the water and some outfitters offer early season discounts. Weather does play a part in early season rafting and May in Colorado is unpredictable, said Lauren Swanson, marketing and relations manager for Performance Tours Rafting.

“Weather in Colorado varies minute-by-minute and sometimes mile-by-mile,” she said. “We recommend getting the gear to prepare for colder water and changing conditions. Opt for the wetsuit, splash jacket and bootie rentals. You can also bring additional layers made from quick-dry outdoor materials like wool, fleece, micro-fleece, polyester and waterproof layers.”

While bigger spring flows equal more excitement, they aren’t always for beginners. Check with your local rafting company on river flows, which can vary from day to day in May. Swanson said sometimes they will raise the minimum age on specific trips or pull off some of the class 4+ sections during peak flows for safety.

“We will always communicate these changes with our guests and offer alternative options customized to their experience and expectations,” she said. “Because we are able to make these decisions for the safety of our guests, we are confident that early season rafting is a great experience for all skill levels and abilities.”

INDOORS

Escape rooms ($)

The weather in the spring can be variable, with warm temperatures and sunny skies one day and dumping snow the next. For those looking to stay indoors but still be entertained, check out Summit County’s escape rooms. The game involves getting a group of players together to solve puzzles and riddles using clues hidden around a room in order to “escape” within the allowed time.

“Escape Rooms are such a unique experience for all ages — everybody can have fun,” said Nicolette Cusick, owner of Escape Room Breckenridge. “They are a great way for family, friends or co-workers to work together and bond. It is also great during mud season because it is indoors so weather is not a factor.”

Voted “best indoor activity” in the Summit Daily’s annual Best of Summit contest, Escape Room Breckenridge was the first escape room to open in the county. EscapeRoomBreckenridge.com

Brewery tour ($)

There are an abundance of breweries in Summit County, requiring a designated driver and multiple days to try them all. Here’s the list by town:

Breckenridge

Broken Compass Brewing: 68 Continental Court Unit B-12

Breckernridge Brewery & Pub: 600 S. Main St.

Frisco

HighSide Brewing: 720 Main St.

Outer Range Brewing Company: 182 Lusher Court, Frisco

Silverthorne

The Bakers’ Brewery: 531 Silverthorne Lane

Angry James Brewing Company: 421 Adams Ave.

Dillon

Pug Ryan’s Brewery: 104 Village Place

Dillon Dam Brewery: 100 Little Dam St.

Recreation Center ($)

Get a day pass at either the Breckenridge or Silverthorne recreation centers and let the kids run loose. The recently remodeled Breckenridge Recreation Center offers all the traditional workout spaces plus a gymnasium, racquetball court, indoor rock-climbing wall and aerobic/dance studios. The aquatics area features lap and leisure pools, the Summit Plummit water slide, coed sauna, and indoor and outdoor hot tubs. 880 Airport Road. 970-453-1734.

The Silverthorne Recreation Center has a large aquatics area, gymnasium, indoor track, fitness equipment and offers classes for all levels. The rec center also offers on-site child care for parents using the facility. 430 Rainbow Drive, Silverthorne. 970-272-7370.

 

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Dillon Considers Fireworks display

by Summit Daily


July Fourth, Frisco, Colorado
Todd Powell

The door isn’t completely closed on a fireworks show in the county on the Fourth of July.

Following the cancellations of fireworks displays in Frisco and Breckenridge — citing public safety concerns about both wildfires and large-scale issues surrounding traffic and crowds — the town of Dillon is considering stepping in to fill the void.

The subject was brought up at the Dillon Town Council workshop on Tuesday evening, as officials discussed several topics related to safety, crowding, funding, the community’s desires and potential impacts on other towns like Frisco.

No decision was made at the meeting, and the town is expected to revisit the topic in an upcoming council workshop on April 16.

“It’s a big question, and a big topic and it’s worth some discussion,” said Councilman Mark Nickel. “I think we have to keep an open mind, look at the environment and the span of the county, and if we feel we can accommodate all of these people around the lake.”

 

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Summit Real Estate
The Bright Choice
330 Dillon Ridge Way, Suite 10
Dillon CO 80435
970-468-6800
800-262-8442
Fax: 970-468-2195

Allison Simson, Owner/Broker, is a licensed Colorado Real Estate Broker