Winter has arrived, and yes, Vail and Beaver Creek has one of their best early season ski conditions they have experienced in several years. Many people are thinking about making last minute holiday plans and 2019 reservations now that they have seen all the favorable ski and snow reports.
This brings to mind people thinking not only about investing in a second home in the Vail Valley, but also in a property which has rental income and/or potential for cash flow to offset expenses.
LIV Sotheby’s International Realty is proud to have an exclusive relationship with InvitedHome, a quality luxury vacation rental and property management company. LIV SIR strives to offer our clients and customers the best experience possible, whether you already have a home in the Vail Valley, are looking for a primary or second home for your family, or want to sell.
If you have considered renting your property while you are not using it but are unsure of the best avenue to do so, then you should consider InvitedHome. It is a close-knit company who treats their clients’ properties like their own. They offer full service with a personal touch. Their proven methods of generating revenue and finding the right guests for your property is one of their specialties.
Many homeowners that currently rent their properties are doing their happy snow dance this year! Our ski season got off to an amazing start with 95% of Vail Mountain already open, and Beaver Creek receiving 7 feet of snow.
Here is an example of a new listing I have coming on the market soon, which would be a great vacation home rental generator. It is a three bedroom/four bath (potential fourth bedroom conversion) duplex in Arrowhead with dial-a-ride service. You can get picked-up at your front door and dropped off steps away to the Arrowhead Ski Bahn mountain lift! You can also take the village to village shuttle from Arrowhead Village to Beaver Creek mountain.
This beautifully finished duplex is nestled in an exclusive gated neighborhood east of Arrowhead. You will love the views and the park-like setting with pond outside this home, which is very special in this maintenance free enclave. The open floor plan and high ceilings only add to this lovely home. Enjoy cooking in a completely updated kitchen which includes new cabinets, appliances, and stunning granite countertops. The hardwood floors create a beautiful look. Gather around by a roaring fire with family and friends after a great day on the slopes. This home has a great advantage compared to others. The living room has an expanded area. Instead of a fourth bedroom, you have an extended living space. And this location has many advantages. You have close proximity to Bachelor Gulch, Beaver Creek, Avon, Edwards, and Arrowhead.
In summary, the homes priced at fair market value with a fresh look are getting continued activity. Properties which were priced aggressively are seeing price adjustments. New builds continue to be in demand. There are two new projects slated in the valley: Town homes on the river in Avon, and another project in Edwards, both of which will be lock and leave type homes. These will be released in early 2019 so contact me for additional information if interested.