9 Things to Look For When Buying a Breckenridge Vacation Home

9 Things to Look For When Buying a Breckenridge Vacation Home

  • Maureen Lathrop
  • 07/13/22

Breckenridge is a Colorado town best known for its luxurious ski resorts, stunning mountain scenery, and endless recreation. The town has a rich mining history and hundreds of shops, salons, and restaurants lined along the streets.

Besides the outstanding cuisine, other activities you can enjoy while on holiday in Breckenridge are skiing, sledding, sleigh rides, and the Colorado culture. Are you looking to invest in an exquisite vacation home by the mountain? Breckenridge is a perfect choice.

Buying a vacation home requires you to research the market correctly and have a list of guidelines to help you make an informed decision. Here are some things to look for when buying a Breckenridge vacation home:

1. Luxury Amenities

A vacation home should be an escape from reality, giving the best that life has to offer. Condos offer different amenities from country homes. Your choice depends on what you have in mind. If you are looking for an uptown vacation home with exclusive services, a condo will do it for you.

A condo gives you the full advantage of the city life, including proximity to clubs and other nightlife features, within proximity to countryside activities such as skiing. A country home is for anyone who wants to experience the natural taste of nature, with playgrounds and a relatively sized garden to hold your parties.

A country home can accommodate more than one family, making it an excellent option for individuals who tag along with friends or a big family on their vacation.

Despite the type of housing, the vacation home should have access to world-class luxury amenities such as saunas, hot tubs, and catering services. You want your vacation home to effortlessly create an environment of comfort and luxury.

2. Location

Your vacation home's location should be relevant to your vision and that of your anticipated guests. Breckenridge is well known for skiing and the city's history.

If your vision is to go on skiing holidays, a vacation home closer to the mountain and the skiing resorts is a perfect choice. Settle on the one that allows your guests to access prominent skiing ridges, such as the Breckenridge skiing resort.

The goal is not just being close to the skiing trails, and your vacation needs to be centrally placed in a location close to amenities such as restaurants and the trails.

The location determines your home's accessibility, especially during extreme weather such as winter, is the home accessible or completely buried during heavy snowfalls? Can the landscape retain its glamour during summer, or does the essential services such as gas supply, power, and water run all year?

Getting a penthouse in Breckenridge as a vacation home is perfect for guests who are more inclined to explore the city's nightlife, historical spots, restaurants, and other attractions. The guests can still ski, but it takes longer to access the skiing trails than in a country vacation home.

3. Income Leverage

A mountain vacation home is not only a place for you to spend your holidays but also a fantastic source of income. Breckenridge receives more than 3 million tourists annually, making it one of the best places to set up a luxury vacation house. Short-term rental houses and vacation homes constantly sell out from November through April and June through August.

Tourism is a seasonal activity since it relies heavily on the weather and seasons. Come up with a plan that will make your vacation home serve its purpose even when it is not a skiing season.

All you need to know is to structure your schedule, determine when you will be using the house, and then advertise it for periods you are away. You can leverage and increase your appearance on guest searches by advertising with popular tourism and housing websites.

A well-maintained home with high-end luxury features will attract more tourists for high prices. Consider central placement and installing amenities that high-end tourists are more likely to demand.

4. All-Inclusive Expenses

Vacation homes require maximum attention and day-to-day maintenance to retain their glamour. Find out if your prospective vacation home is listed under any homeowners associations and membership terms. Many homeowners associations offer all-inclusive packages at a fee so that you do not worry about additional service bills.

Amenities and maintenance are offered under the association and are part of the association fee. Other services such as housekeeping and catering are often outsourced, especially for condo vacation houses.

Find an agency that offers all the extra services together, other than subcontracting different service providers. A primary outsourcing agency provides you security and consistent reports you can rely on even when away.

5. Modern Turnkey Property

A luxury home is defined by many things, with its appearance being one of the most vital selling points. Although it is possible to renovate the building, it is best to start with the one already made a name for itself.

Elaborate designs such as Victorian architecture, villa design, dream home design, and modern house design are examples of designs that will make your vacation home stand out. The interior, exterior, and landscape design should spell elegance effortlessly.

The architectural designs should present spaciousness and charming opulence with bigger square footage, premium materials, sculpted lots, and enveloping elegance. Custom-built homes can easily meet your needs and satisfy your guests.

Be keen to pick out specific luxury details such as infinity pools, elegant travertine or flagstone decking, and the ability to incorporate the latest smart technology features for easy living. Outdoors and indoor amenities should all make your stay effortlessly enjoyable.

Here are features you can look out for:

  • Lavish wine bars
  • Outdoor kitchens
  • Gazebo
  • Gym
  • Sauna
  • Lap pool
  • granite countertops
  • Marble floors
  • Premium kitchen appliances

The landscape and outdoors should have features of water fountains and lighting systems that cast a magical environment for your guests. Ideally, find a house that requires minimum alterations and repairs or one whose design is easy to manipulate during renovation.

6. Aesthetics

A vacation home is where everyone goes to make memories. Besides the architecture, the environment, outdoors, and landscape should complement the home. Consider getting a home placed on the right side, allowing the occupants to take advantage of the natural scenes outside and natural lighting for photography.

The way your house faces, east or west, is optimal in allowing the occupants to make the best of their holiday with aesthetics and views. Consider big windows and doorways that will bring in the most light and elegant lighting systems for nights and days when sunlight is limited.

7. Long-term Goals

Buying a vacation home might be your dream today, but consider ten or more years in the future. Will you still be interested in having a luxury vacation home in Breckenridge? If not, consider researching investing in vacation rental properties that will give you good returns in the future.

Consider the possibility of turning your vacation home into an alternative source of income in case you outgrow its services as a holiday home. Weigh the possibility of turning the home into a hotel, restaurant, or retirement home.

Draft your plan on how you intend to use your vacation home for the next five, ten, or twenty years and seek one that meets your criteria.

If you intend to use your vacation home as a source of income, explore rental options such as Airbnb and agencies you can list your home under for visibility.  

8. Cost of Ownership

The purchasing cost of a vacation home is not the actual cost of ownership. Vacation homes require periodic maintenance, mortgage, amenity, and utility bills.

Use a mortgage calculator to determine the major expenses before going into the intricate details. Consider all incurred bills, including gas, water, waste, electricity, cable and internet access, and heating and air conditioning.

Other inevitable expenses include:

  • Security
  • Renovations
  • Appliances and furnishing
  • Home insurance
  • Rental management fees
  • Cleaning and maintenance
  • property taxes and HOA fees

9. Type of House

Different Breckenridge home models serve different services. A mountain lodge is a perfect option for tourists looking to spend their time in the woods, skiing, and enjoying the outdoors. A mountain lodge is a hot cake in the tourism market during the skiing seasons.

A condo is an option for tourists who want to spend most of their time within the city, exploring the historical and fine dining spots. Condos attract traveling entrepreneurs for their proximity to utilities such as transport while still giving them a chance to explore the outdoors nearby.

Country cabins are more inclined into nature and smaller groups than mountain lodges. A cabin is a perfect option if you are trying to seclude yourself, but it comes with the cost of forgoing proximity to city amenities. An advantage of having a country cabin is the exclusive contact with nature's beautiful views and the tourists' high demand for eco-friendly housing.

Find Your Dream Breckenridge Vacation Home

Are you looking for more information about purchasing vacation homes in Breckenridge? Contact Colorado Mountain Living, your trusted Breckenridge real estate agents, for all your Breckenridge housing needs.

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