Alex Reber - Colorado Real Estate

On May 1, 1992 a new record was set for the highest price per square foot sale in Vail’s history. A home right next to the base of Vail at 345 Mill Circle sold for $6.15M which was the first home to ever sell for more than $1,000 per square foot in Vail. Last week, at the Legends of Vail event, we had the pleasure of hearing from Rocky Christopher and Craig Denton who were the developers and Realtors representing that sale. People at the time must have thought the buyer of that home was absolutely nuts paying a price that high in Vail. Fast forward 32 years and the most recent comparable lot sold in January of this year at 315 Mill Circle (which was last renovated in 2007 and sold ‘’as is’’) for $26,000,000!

Today marks 10 YEARS since I received my Real Estate license in Colorado. From handing out burritos in parking garages to closing just under $22M in volume last year, it’s been an incredible journey. I wouldn’t be here without your trust and support so THANK YOU SO MUCH!! I have some big announcements coming up soon that I can’t wait to share and am so excited for the next 10 years!

🚨 New Listing!🚨 This unit allows short term rentals and is perfect for an investor or owner occupant searching for a condo that can be easily rented while out of town!

⚡️6380 S Boston Street Unit #203, Greenwood Village
💰Offered at $360,000

📌 This charming two bedroom, two full bathroom is perfect for an investor or owner ready to downsize with no maintenance. As you enter you will notice the mountain views, open floor plan and gas fireplace. The updated kitchen has granite countertops, tile backsplash, beautiful cabinets and all new stainless steel appliances. Enjoy the incredible mountain views and sunsets from the private deck off the living room which was recently rebuilt. The primary bedroom features a large closet, full bathroom and plenty of space for a king size bed. The current owner is creatively using the second bedroom as a dining room, which allows for a larger living room area. This would also make a great guest room or office space. There is a full size washer and dryer in the condo, which most others in the building only have stackable size units. Never worry about parking with the deeded detached carport space. In addition to the storage unit directly outside the condo, there is also pull down storage above the carport space! The full size washer and dryer, reserved parking and extra storage are all very unique features for the building! The HOA includes a pool and fitness center! The owner is willing to sell all of the furniture in the unit to allow for an easy conversion to a short-term rental for investors who are interested in purchasing the property turn key!

Wondering who pays your homeowner’s insurance each year? If you have an escrow account, your lender will review it each year to ensure you have enough money in the account to cover the cost. If you do not have enough money in the escrow account you will receive a notification from the lender to make a payment to increase the reserves. If you have an account and haven’t received an email, you should soon from your mortgage company. This is an easy and stress free way to get your homeowners insurance paid! If you do not have an escrow account set up be sure to reach out to your insurance provider to pay your homeowners insurance this year!

Did you see mortgage rates plummeted below 6.5% locally last week? I had all sorts of new buyers call me this weekend to start their search. I had to keep a close eye on this one client though.