Lifestyle Benefits Buying Crested Butte Second Home
What Are You Really Buying? (A lifestyle) Why do people buy a second home, especially when there are hotel rooms available, and condos or houses for rent? Because most people have “been there, done that” for many years, but want to put a stake in the ground and get more plugged-in to the mountain lifestyle in Crested Butte. Yes, there is the potential for the value of the property to appreciate, but if your number one priority is to buy an appreciating asset, then call your portfolio manager or financial advisor, as there are lots of other places to invest your money.
A vacation home in the mountains may be a good long-term asset to hold as homes can increase in value, and the physical asset is what is being purchased, but it is primarily a means to the end. What you are really buying is a lifestyle and a journey. There is something special about being an owner rather than a visitor in a cool mountain town like Crested Butte. Life is about the memories you create, the people you meet, and the relationships you form. Being a part of a mountain town community and participating in local activities, events and adventures, and becoming part of the fabric of the community, can be fun and very rewarding.
The Gunnison valley mountain lifestyle means something different to every person. In general, Crested Butte is a much more laid-back feel than the big city, and less glitz and glamour than some other mountain ski towns. The conversations you will have at the end of the day will be about the great adventures and fun times you had, and what excursion is on the schedule for tomorrow. The pace is slower in a mountain town, and it is not unusual to sit on a bench on Elk Avenue in town next to a stranger and find yourself in a wonderful conversation.
Mountain towns attract a diverse demographic, and the socio-economic and political views of some may differ from yours. There is also diversity in the many seasonal recreational activities, as well as interesting performing arts in mountain towns. When you start to look at the calendar of events, you will be surprised at how many are available. Most of the things you will find yourself doing are not options in your primary residence locale (or those of your family and guests).
Having a second home in Crested Butte provides a great opportunity to get to know other second homeowners and the permanent members of the community. It can be a fun investment of time and effort to get out there and meet people. Being a member of a The Club at Crested Butte club can be a good way to meet others at events, on the tennis court, golf course or the slopeside club.
Most mountain towns have many non-profit organizations that host social events that are always looking for volunteers or board members, and this can be a very good way to both give back and expand your social sphere. Check the local paper or look online for when these groups meet or are hosting an event.
The age-old adage is true: You will get out of it what you put into it.
How Can I Help You?
If you would like a recommendation on an local Crested Butte Appraiser, localCrested Butte attorney, or others that may be helpful in this difficult time contact me. See all the big picture and all the details of the Crested Butte Real Estate Market in my monthly Crested Butte Co Real Estate market reports, the level of detail is representative of what you can expect from me as your Crested Butte Real Estate Agent.
What is Your Property Worth today? If you are considering Selling your Crested Butte home and interested in finding out what your existing property is worth, contact me. I would appreciate the opportunity to earn your business (orthat of a friend you think I could help).
Previews® Property Specialist
Coldwell Banker Bighorn Realty
#1 Crested Butte Real Estate Agent
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