Blog :: 03-2017

Welcome to Telluride Real Estate News. Here you will find relevant and timely real estate news including market highlights, tips and resources, issues affecting property values and Telluride's incredible alpine lifestyle. My objective is to give you the news you can use...today. Search by category or by keyword for the news you are looking for.  

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Travel to Telluride is Easy and Amazing - Here are my Tips for Telluride Transportation

Telluride has a reputation that it’s a hard place to get to, which some people think is a good and bad thing. I’m going to dispel that notion and give you some tips to have a lot of fun along the way. I don’t think of Telluride as exclusive, I think of it as intentional. Very few people are just passing through, we are 6.5 hours from Denver, 2.5 hours from an Interstate, 65 miles from the nearest fast food restaurant and 42 miles to the nearest stop light. But once you are here, you are here, and because of Telluride’s incredible gondola transportation system, you don’t need a car. More people drive to Telluride in the Summertime than in the winter, where most guests take shuttle transportation from the airport.

Transportation Tips and Ideas:

  • Flying
    • Airports to fly to (in order of convenience):
      • Telluride
        • Private planes and commercial service from Denver on Great Lakes Airlines
      • Montrose
        • Direct Flights from 11 cities in the winter and 5 in the summer
      • Durango, Grand Junction, Cortez
        • Use these airports if you can’t find a good flight option from Telluride or Montrose. These airports are within 2.5 hours from Telluride
      • Ground Transportation:
  • Driving
    • Attractions travelling from the West – Mesa Verde Natl Park, Moab, Zion, Grand Canyon, Durango can all be on the way. 100 miles to Gateway Canyons
    • Attractions travelling from the East – Rocky Mountain National Park, historic ski towns, Glenwood Springs Hot Springs

Please contact me for additional information and discussion on travelling to Telluride. To stay informed, sign up on my website at www.telluriderealestates.com and Like my Facebook page at Telluride Real Estate News. How can I assist you today? 

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The Summer 2017 Telluride Flight Schedule

More people drive to Telluride in the summer than in the Winter, but if you like to take to the skies, Telluride has never been easier to get to than the summer of 2017. The beautiful summers in Telluride offer incredible music festivals, golf, hiking, mountain biking, white water rafting, and fly fishing to name of few popular Telluride activities. My family and I enjoy chasing waterfalls, wildflowers and tasty edible mushroom hikes.

Escape the heat and enjoy our amazing alpine summer with an average high temperature of 73 degrees. I’m pleased to offer you our summer flight schedule. And remember, Durango and Grand Junction airports are also viable to fly into.

To search for flights and fares, click here: http://coloradoflights.org/interactive-map/

From Denver:

  • Daily Flights (3-5x) into Montrose (MTJ)
  • Daily Flights into Telluride (TEX)

From Dallas:

  • Daily into MTJ

From Phoenix:

  • Daily into MTJ

From Houston:

  • Daily into MTJ

From Chicago:

  • Daily into MTJ

Please contact me for additional information about getting to, staying and playing in Telluride. To stay informed, Like my Facebook page at Telluride Real Estate News. How can I assist you today? 

The Telluride Ski & Golf Club

If you are getting ready to buy a home in Telluride, or you already do and are looking for a great way to connect with locals and other homeowners, consider a membership to the private Telluride Ski & Golf Club. The club has over 400 members and is run by Telluride Ski & Golf Resort. The Club offers some incredible social events and amazing value for members in both the summer and winter seasons. Member benefits include two private clubhouses with lockers, showers, complimentary coffee and pastries. There is spa access and privileges at the Peaks Resort & Spa. First Light Friday skiing and amazing golf benefits.

Let’s take a look at these in detail:

Winter Club Member Benefits:

  • 2 Transferrable Season Ski Passes
  • Special Lift Ticket Pricing for Family & Friends
  • Ski Valet Service
  • Member Concierge Services
  • Members only  lunch dining at Allred’s
  • Member Ski Clinics

Summer Club Member Benefits:

  • Complimentary Golf
  • Members Only Tee-Times
  • Bag Storage
  • Tournaments and Events
  • New Telluride Golf Club Practice Facility
  • Golf Shop Special Pricing
  • Instructional Golf Clinics         

Year-Round Member Benefits:

  • Unlimited Spa Access and Guest Passes
  • Complimentary Fitness Classes
  • Special Pricing at Ski Resort Restaurants and Retail
  • Members Clubhouse

My Favorite Club Member Events:

  • First Light Skiing – Ski an hour early and then enjoy brunch at Allred’s
  • The Snowflake Classic – Winter golf tournament on St. Patrick’s Day
  • Mushroom Hikes – Hike and forage for some delicious mushrooms
  • Apres Ski Around Town

Check out the Telluride Ski and Golf Club website: www.tellurideskiandgolfclub.com

Please contact me for additional information and discussion on the Telluride Ski & Golf Club. To stay informed, check out my website at www.telluriderealestates.com and Like my Facebook page at Telluride Real Estate News. How can I assist you today? 

The Ultimate Telluride Real Estate Buyers Guide

Interested in buying real estate in Telluride? Perhaps a mountain condo or multi-generational retreat? A property you can 1031 exchange into or a real estate and rental investment? Look no further for insights into the nuances of what it means to be a property owner in Telluride. It’s my pleasure to present the ultimate buyers guide for Telluride Real Estate.

What to Be Prepared For:

  • The 3% Real Estate Transfer Assessment:
    • Both the Town of Telluride and the Telluride Mountain Village Owner’s Association (TMVOA) have a 3% real estate transfer assessment almost always paid by the buyer. But before you fret, understand that these funds go for very important property value enhancing programs. In the Town of Telluride, the fund is used exclusively for Town capital projects. In Mountain Village, the fund runs and maintains the free public gondola, Dial-A-Ride on demand transportation for owners and guests, member social events and economic stimulus.
  • Understand Your Purchase Power:
    • If you are a cash buyer, you are in the driver’s seat. If financing, make sure to get a pre-qualification to understand how much property you can afford. We as Brokers have shown many dream properties that buyers fall in love with only to realize the lenders won’t back the purchase.
  • The Emotional Roller-Coaster:
    • Offers are submitted and countered. Competing bids may trump your offer. Dates for due-diligence, inspections and their resolutions can be an emotional roller coaster. Title and HOA document review are important part of the process. This is where a knowledgeable and committed broker understanding and representing your interests are worth their weight in gold. You will be well guarded against the risks of the process.
  •  Appraisal and Inspection:
    • Is the home you are purchasing worthy of the price and condition of the property? An independent appraisal is required if you are financing and is a good idea overall for your piece of mind.
    • After inspection, the deal can get tricky. What are you going to ask the seller to fix? What if they refuse? Many a deal has been undone by the inspection and subsequent resolution negotiations.
  • Home Insurance, Warranties and Title Insurance:
    • Your broker will have a list of trusted and recommended professionals to assist you with policies and coverage to put your mind at ease
  • Closing – Congratulations!
    • The final walk-through will give you the opportunity to make sure you’ve found the perfect property to fulfill your real estate objectives
    • Your closing costs and settlement charges will be clearly outlined in the closing statements. Applicable expenses such as property taxes, utilities and rental income will be appropriately pro-rated.
    • Your broker should provide you with a buyer’s checklist to switch utility billing, cable and internet services, rental management companies and property maintenance specialists.

Please contact me for additional information and discussion on the Telluride home-buying process. To stay informed, check out my website at www.telluriderealestates.com and Like my Facebook page at Telluride Real Estate News. How can I assist you today?

The Telluride and Mountain Village Architectural Design Process

Architectural design standards in our destination vary greatly, from the objective of historic preservation in Telluride as a National Historic Landmark to the recently updated guidelines in Mountain Village to allow for more contemporary homes. The standards are in place to keep the character and look of each jurisdiction in line with its master development plan. The Architectural design guidelines also are good for overall property values. If you are thinking about building a house or modifying a property, here is what you need to know:

How it works in the Town of Telluride:

  • The Planning and Zoning Commission or P&Z has the authority to grant approvals concerning uses permitted on review, zoning variances, conceptual, preliminary and final planned unit developments, preliminary and final subdivisions. It is directed to initiate amendments to the Land Use Code for Town Council review. It is also directed to make, adopt, and recommend Master Plans to the Town Council.
  • The Historic Architectural Review Commission or HARC is directed to issue Certificates of Appropriateness prior to the issuance of permits pertaining to the erection, demolition, moving, renovation, restoration, addition to, or alteration of any structure or sign. It also recommends designation of structures, significant landmark interiors and areas of outstanding historic and architectural significance; proposes preservation standard and policies, and maintains inventories of historically and/or architecturally significant structures and areas.
  • HARC gives out annual awards, the “Preservation Award” for projects that keep have outstanding commitment to preservations and compatible building techniques.
  • Both Commissions have 7 members that are appointed by Town Council and they meet at least monthly.
  • If building or modifying a property in the Town of Telluride, be prepared to for these strict guidelines. A local architect with intimate knowledge.
  • There are currently 26 lots listed for sale in Telluride

How it works in the Town of Mountain Village:

  • Two-step process: the first step involves getting sketch approval, the second step is to get final approval, both steps are required to be publicly noticed. This process takes 10 weeks.
  • Mountain Village recently revised their guidelines to include more modern design, here are the changes:
    •  The Code was bolstered to emphasize the Board’s principal duty of ensuring the implementation of the Town Design Theme and applicants must be responsive to the Board’s direction.
    • Substituted references to “solid, heavy” and “thick” bases as a design requirement for a building design that appears “grounded” to the site to withstand alpine forces of wind, snow and heavy rain. The list of materials that support this design was expanded that could make up the base, but stone remains as the principal base material.
    • Eliminated the requirements that a gable roof shall be the primary form, and the roof pitch must be a minimum of 6:12 and a maximum of 12:12. Added the requirement that roof design shall be made up of multiple forms that emphasize sloped planes, varied ridgelines and vertical offsets.
    • Increased the list of appropriate roof materials to include black or gray standing seam materials that are not reflective. Provided for the general approval of certain synthetic materials after they have been proven to meet stated standards of durability, high strength and high quality design.
    • Eliminated the requirements that individual windows could not be larger than 40 square feet and only 20% of the north elevation shall be glass. Instead, the new regulations require window use and placement be responsive to energy requirements, be an integral part of the design of the structure and be sensitive to adjoining properties. The standard that no more than 40% of the exterior of a structure be glass remains.
  • There are currently 82 lots listed for sale in Mountain Village

Please contact me for additional information and discussion on our design review guidelines and if you’re interested in buying property to build a home. To stay informed, also Like my Facebook page at Telluride Real Estate News.