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Crested Butte Real Estate by Chris Kopf

Chris Kopf Coldwell Banker Mountain Properties

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Crested Butte Real Estate Update

February 14, 2012 By Chris Kopf

I hope 2012 is finding you well. This is a quick update regarding the Crested Butte Real Estate Market – as well some additional Crested Butte items that may be of interest.

January picked up where December and 2011 left off – we continue to see Buyers actively searching for value properties and Sellers continue to reduce prices to match the market.

There were 23 transactions in January totaling $16.1M – breakdown: 9 Single Family Homes, 7 Condo/Townhomes, and 7 Lots under 5 acres. The discount from Asking Price is in line with the 12% we saw in 2011 – with a few unique exceptions. Average Days on Market for all properties was close to 1 year at 357 days, with a high of 1,029 and low of 36 days.

With less snow early on CBMR did a great job with the conditions, some of the Extremes have opened (Headwall, Teo Bowl), and more snow forecasted this weekend. Even though a lighter snow season and visitors (so far) we are seeing an active Crested Butte Real Estate Market.

Here is a link to all the transactions in January.

Let me know how I can help you with all your Real Estate needs – and keep the referrals coming – Thank you!

Prospect Lot D4 Original Owner found dead in Spanish Jail

Foreclosed Lot 103 Bear Scratch Just Sold for $121,700 – (Originally purchased for $1.195M in 2006)

Site Area

I don’t usually take note of things like this, but this is pretty unusual, especially for Crested Butte. You can’t make this up… The original Owner of Lot D4 in Prospect, who built a beautiful home (which burned down a few years ago – arson was suspected and investigated, but never proven) was found dead in Spanish Jail after fleeing the US following a diamond heist and murder in Connecticut… (see story and link below).

Lot D4 was just sold in January for $121,700 – quite a steal since it originally sold for nearly $1.2 in 2006.

Also of note – the fully furnished 6,500 sq. ft. home next door on Lot D5 just sold for $4M (Asking price was $4.88M).

“Andrew Robert Levene, also known as “Robert Thomas,” 41, has reportedly killed himself in a Spanish jail after being arrested on Monday Jan. 23, 2012 on federal murder, robbery and firearm charges in connection with the killing of Yekutiel Zeevi, a Westport jewelry manufacturer inside his store last month.

The plaintiffs in that case said Levene sought $445,000 from them to purchase land in Crested Butte, Colo., to build a luxury home, which was later destroyed by fire, according to delawareonline.com. “The suit claimed Levene received more than $2 million in insurance proceeds from the fire but failed to distribute the money to the investors, who had a 42 percent stake in the deal, or provide them with any financial records,” according to the report”.

Full Story Here

 Thank You for Your Referrals

I have received a number of recent Referrals and I really appreciate that.

I can help you with all your real estate needs here in the Crested Butte area – if you have any questions on any real estate issues, please contact me

 

Chris Kopf

(970) 209-5405

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Chris Kopf, Coldwell Banker Mountain Properties
305 6th Street
Crested Butte, CO 81224
  • Chris.Kopf@CBMP.com
  • (970) 209-5405

Testimonials

Bobby Nichols

"The first moment we met Chris, my wife and I knew he was all about what is happening in real estate sales in Crested Butte. He knows his job, the marketplace and the innovative ways to market your home in today's electronic internet space. A real professional that understood us and our needs in handling a very successful sales transaction. "

 
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:45:19-07:00
"The first moment we met Chris, my wife and I knew he was all about what is happening in real estate sales in Crested Butte. He knows his job, the marketplace and the innovative ways to market your home in today's electronic internet space. A real professional that understood us and our needs in handling a very successful sales transaction. "  
https://chriskopf.com/testimonials/bobby-nichols/

Jeff Hollings

Chris is outstanding! We recently bought a second home in Crested Butte and Chris did a great job throughout the whole process. He has a thorough understanding of the market and the benefits and drawbacks of various locations. He was very patient with us as our preferences evolved throughout the search. He gave us valuable information on which to negotiate the purchase. He had great follow-up during the inspection/closing process (when we were not in town) and made sure all of the commitments made by the seller were properly completed.
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:46:48-07:00
Chris is outstanding! We recently bought a second home in Crested Butte and Chris did a great job throughout the whole process. He has a thorough understanding of the market and the benefits and drawbacks of various locations. He was very patient with us as our preferences evolved throughout the search. He gave us valuable information on which to negotiate the purchase. He had great follow-up during the inspection/closing process (when we were not in town) and made sure all of the commitments made by the seller were properly completed.
https://chriskopf.com/testimonials/jeff-hollings/

James Brennan

This was our first experience trying to purchase additional land with hopes of building a home. Chris was tremendously helpful throughout the entire process and his professionalism showed.
Crested Butte Real Estate by Chris Kopf
2014-10-14T17:59:24-06:00
This was our first experience trying to purchase additional land with hopes of building a home. Chris was tremendously helpful throughout the entire process and his professionalism showed.
https://chriskopf.com/testimonials/james-brennan/

Jane Saltzman

Chris was terrific to work with. The house sold faster then I ever expected! He was particularly helpful for this second home owner that couldn't always get there to take care of house issues. Thank you Chris!!!
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:49:37-07:00
Chris was terrific to work with. The house sold faster then I ever expected! He was particularly helpful for this second home owner that couldn't always get there to take care of house issues. Thank you Chris!!!
https://chriskopf.com/testimonials/jane-saltzman/

Georges Lussier

The thought of a short sale was intimidating, but Chris made the experience very easy with lots of guidance from start to finish. I would highly recommend Chris for any Real Estate need buying or selling.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:40-06:00
The thought of a short sale was intimidating, but Chris made the experience very easy with lots of guidance from start to finish. I would highly recommend Chris for any Real Estate need buying or selling.
https://chriskopf.com/testimonials/georges-lussier/

Frank Stringer

Chris Kopf is a wonderful person to work with on any real estate matter you may have in Crested Butte. He is extremely knowledgeable of all elements of the Crested Butte area. He helped us recently to buy a new second home in Skyland and the entire experience was first class under Chris's guidance. I would highly recommend him to anyone who has a real estate need in Crested Butte.
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:51:04-07:00
Chris Kopf is a wonderful person to work with on any real estate matter you may have in Crested Butte. He is extremely knowledgeable of all elements of the Crested Butte area. He helped us recently to buy a new second home in Skyland and the entire experience was first class under Chris's guidance. I would highly recommend him to anyone who has a real estate need in Crested Butte.
https://chriskopf.com/testimonials/frank-stringer/

Paul & Julie Keesee

Chris was quite helpful in showing us homes in the area we were interested in and contacted us when new listings were available. We not only consider him our realtor but also a friend.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:59-06:00
Chris was quite helpful in showing us homes in the area we were interested in and contacted us when new listings were available. We not only consider him our realtor but also a friend.
https://chriskopf.com/testimonials/paul-julie-keesee/

Jim & Sandra Wickham

Chris' patience and persistence paid off for us in finding the right house for the right price. We would highly recommend Chris to any potential buyer.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:06:18-06:00
Chris' patience and persistence paid off for us in finding the right house for the right price. We would highly recommend Chris to any potential buyer.
https://chriskopf.com/testimonials/jim-sandra-wickham/

Tom & Mary Aton

It was a great experience working with Chris, after showing me what I thought I wanted, he advised me of the pros and cons on the different condos and found one that I am thrilled with.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:06:31-06:00
It was a great experience working with Chris, after showing me what I thought I wanted, he advised me of the pros and cons on the different condos and found one that I am thrilled with.
https://chriskopf.com/testimonials/tom-mary-aton/

Dan Aquaviva

This agent has a very strong knowledge of the local area. He was very helpful in screening properties for potential purchase.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:26-06:00
This agent has a very strong knowledge of the local area. He was very helpful in screening properties for potential purchase.
https://chriskopf.com/testimonials/dan-aquaviva/
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Crested Butte Real Estate by Chris Kopf

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