Summit County Real Estate FAQs

Summit County Real Estate FAQs
Here is an ever-growing collection of frequently asked questions about the Summit County Real Estate Market and what it’s like to buy and sell a home here in the Colorado high country.

If you have questions of your own, don’t hesitate to contact me.

The Summit County Real Estate Market

How’s the real estate market? Is real estate appreciating? Is now a good time to buy or sell a home?
I post Summit County market updates at least each month on the blog portion of this site, as well as here: The updates speak to each of these questions. In addition, you can find a wealth of historical information on Breckenridge and Summit County Real Estate Transactions by following these links:
Residential Average Sold Price 2005 – 2016
Single Family Homes Average Sold Price ALL Areas 2005 – 2016 YTD
Condo Average Sold Price ALL Areas 2005 – 2016

Duplex Average Sold Price 2005 – 2016
Townhome Average Sold Price 2005 – 2016
Vacant Land Average Sold Price 2005 – 2016

I also post up-to-date market analysis answering the following questions:
Is Now a Good Time to Buy Real Estate in Summit County?
Is Now a Good Time to Sell Real Estate in Summit County?

How’s the market in my neighborhood/subdivision/condo complex? 
It’s always good to know all you can about your real estate and real estate investments. If you own a property in Summit County, please know that you can always request the latest Market Report for your complex or subdivision. This report will feature properties currently for sale, properties under contract and sold properties, along with year-to-date and historic sales and trends. These are nice to look at, even if you are not planning to sell anytime soon, and I’m happy to provide them. Just email me anytime.

Can I search the Summit County MLS for myself? 
Sure thing. You can search the Summit County MLS. (Or use our Summit County Map Search function.) Once you’ve found a home you’d like to see, contact me or simply click the “Schedule a Showing” link on the property’s detail page. I’ll make the necessary arrangements.

Will you email me when new properties come on the market? 
Yes! Let me know what you’re looking for and I’ll do everything in my power to locate the just-right property for you. That includes researching all For Sale by Owners (FSBOs), expireds, withdrawn and cancelled listings for potential matches beyond what you see on the Summit County MLS.
You can also sign yourself up for my free email alert service which provides automatic email notification of properties that meet your unique and specific criteria. You can also see Today’s New Listings here.

How can I analyze a property for investment purposes?
Start with this Investment Property: Best Buys page to provide me with the pertinent details of what you’re looking for, and together we’ll examine key operating ratios including a Cash Flow analysis so you can easily compare investment properties against one another.

What should I know about buying a vacation or second home in Summit County? 
Here’s some insider info on the advantages (and cautions) of purchasing a vacation home here: Buying a Second Home in Colorado

Are there any development opportunities right now in Summit County?
Summit County and Park County currently have a number of opportunities available for real estate development. At the time of this writing, these include the opportunity to develop a small subdivision in Alma, a multi-unit development in-town Breckenridge, or a commercial real estate development including hotel, mixed use retail/commercial and apartment/condominiums. See all Real Estate Development Opportunities. Or look at today’s commercial real estate listings in Breckenridge.

Are there are any foreclosures, bank owned properties or short sales on the market right now? 
For reasons I go into here, Breckenridge and Summit County, Colorado typically do not have many of these types of property on the market, and, today, we have very few. Here, I explain how to be the first to learn about the distressed properties that do come on the market, and how to find great deals on all property.

What is a deed restriction and how does it work?
Summit County has a variety of affordable housing and workforce housing initiatives. To learn about the different options available to you, read my article on Affordable Housing and Deed Restricted Properties in Summit County.

How can I know what my home is worth? 
I offer free valuation services. Simply fill out my valuation request form, and I’ll be in touch with your report as soon as possible.

How much home can I afford?
Use Susie’s Affordability Calculator.

Why Summit County? Why Breckenridge? 
Summit County and Breckenridge are uncommon places in the world. But the breathtaking views and world-class skiing aren’t the only reason to consider buying here. Properties here offer a good value, especially compared with other Colorado ski towns. Read Colorado Mountain Real Estate: Why Breckenridge? and my Breckenridge CO Community Guide.

Should I buy a condo, a townhome, or a single family home? 
Here’s what you need to know – and 10 important questions you need to ask – to help  you make the right choice. 

I’m concerned about the wildfire risk inherent in buying a home in the woods. What can you tell me about this?
Read my article on Purchasing Property in the Wildland Urban Interface (WUI) for important considerations and things to look for when viewing properties.

What about Fractional Ownership opportunities?
While the vast majority of the homes you’ll find on this site are not fractional ownership properties, there are a variety of shared ownership opportunities in our resort marketplace. These fractional ownerships allow buyers to purchase luxury property with premium location and/or amenities at a fraction of the price. Find out if this real estate option is right for you. 

How can I see just the Breckenridge ski in, ski out listings?
Breckenridge ski in, ski out real estate is here. You can browse by condos, homes, or both.

What kind of horse properties are available in Summit County? 
Summit County features some of the most picturesque pastures and riding trails in the nation. View all available horse property here. Or view Colorado Ranch Real Estate, beyond Summit and Park counties.

What will my property taxes be? 
Here’s an easy-to-understand primer on how Summit County, Colorado property taxes are calculated.

What are Real Estate Transfer Taxes? 
Read my explanation of the Summit County real estate transfer tax. Learn what and how much the transfer tax is (in each Summit County town), what it’s used for and how it’s collected.

What tax deductions can I take on a second home? 
Read my post on Second Home Tax Deductions to learn about any potential tax advantages to owning a home in Summit County.

Are there any special loan options available to me, here in this area? 
Read my guide to USDA and FHA loans. USDA loans are available in our real estate marketplace and allow qualified buyers to finance up to 100% of the home’s appraised value or sales price (whichever is lower). And a USDA loan allows your closing costs to either be paid by the seller or rolled right into the loan.

Does it matter whether I use a local lender?
I highly recommend you use a lender who is familiar with our unique market. Here’s why.

What will my monthly payment be? 
Use my mortgage calculator.

How much should I budget for closing costs? 
Use my closing cost estimator.

Can I rent out my Summit County home or condo when I’m not in the area? What’s the process for doing so? Is it expensive? 
I wrote this article to tell you what you need to know: Breckenridge Real Estate and Vacation Rentals.

If I decide to make my property available for short-term rental, who is going to take care of my property while I’m gone, and how are those short-term renters going to find and book my property? 
Read your Rental Property Management Options for the short-term rental market in Summit County and Breckenridge.

What’s the process for getting a mortgage? 
While the funding and delivery of every mortgage is a little different, there is a sequence of events that takes place in every mortgage origination. Here’s a visual overview. 

Do you have a list of local lenders whom you could recommend to me?
Absolutely. Contact me for a list of lenders that are responsive, accessible, and highly knowledgeable about Summit County Real Estate.

What about buying vacant land? What should I know? What should I look for?
As a Summit County REALTOR and the spouse/assistant to a custom home builder, I’ve made a list of 16 questions you should ask before purchasing vacant land.

Is there anything I need to know or do before listing my property for sale?
Start by reading these specific tips for listing your mountain property and these tips on selling your luxury or ultraluxury Summit County home.

Working with Me

How does the homebuying process work? What should I expect?
I have outlined 18 Things I Do for Buyers, which will give you a good idea of the process, from start to finish – from our initial conversation to the delivery of keys at closing. You can start your search of the Summit County MLS here. And sign up for instant property match email notifications at This free service gives you instant access to all the properties that meet your unique home-buying criteria, and it will alert you automatically as soon as new such properties hit the market. You can request showings immediately, with the click of a mouse. And if you haven’t talked to a lender yet, it’s best to get pre-qualified for your loan as early in the home-search process as you can. A pre-qualification letter will strengthen your offer when you find that perfect property. I’m happy to provide names of local lenders if you need one.

Here are a few more resources I’ve written to help you:
How to Buy a House
Tips for Purchasing a Second Home in Colorado
Buying a Luxury Mountain Home: 11 Questions to Ask Before You Make an Offer

Will you list my home for sale? Why should I choose you as my listing agent?
Reasons to List Your Summit County Property with Susie.

How can I contact you?
I pride myself on being highly accessible. Here all the different ways you can contact me. Choose whichever method you prefer:
Web contact form:
Call or text my cell:  970.389.8338
Call my office: 970.453.7000
Connect with me on Social Media:
Use the app: If you are using a mobile device, open my MLS app in your mobile browser and see all Summit and Park County listings.

Registering on this site is optional, but it’s free and gives you greater benefits! Sign up to get preferred access to the properties you’re interested in: 

Registered Users
New Users
Create and manage saved searches and properties with the Property Organizer.

Please check back often as I’ll be updating this page on a regular basis. Again, if you have questions of your own, don’t hesitate to contact me.