To Buy or Rent in Winter Park Colorado?

Renting in Winter Park, Colorado: Rentals are hard to find. We would recommend avoiding renting unless you are only planning on staying for the season or two.

If you decide to Rent in Winter Park Colorado here are some tips:

• Look at the end of April – The ski season brings a lot of seasonal workers to Winter Park. These workers utilize a lot of the housing options available. Many of their leases are six-month leases that end May 1st. Start your search early to mid-April and you’ll probably start seeing rentals open up.
• Talk to people. The bartender at Hideaway, the waitress at The Foundry, the lift operator, the librarian, etc. The best way to find an open rental is to talk to people.

Buying In Winter Park Colorado is more affordable than you might think!

If you are looking to stay longer than a year, buying a home in Winter Park or Fraser would be your best bet. The market is trending up! Even if you don’t end up staying very long, buying a home is a great way to put money in your pocket. You’ll most likely sell your home for more than you purchased it for!

Still have some questions? Here are some common questions and answers to those considering buying a home in Winter Park, Colorado.

Question: I don’t know if I want to live in Winter Park, Colorado full-time.

Answer: Don’t worry! It still might be in your best interest to purchase a home rather than rent, especially if you are planning to settle or retire in the mountains. There are many options for being a part-time resident in Winter Park, Colorado. Here are a few.

• Buy a home with a home check option. Grand Park offers maintenance free living (shoveling, landscaping, and home checks), at an affordable monthly or annual rate.
• You can use your Winter Park home as an investment property during the months. If you’re looking for additional income throughout the year, put your home on VRBO when you’re not going to be there. Homes in the Grand Park area retrieve anywhere from $275 – $675 per night throughout the year.
• Buy or build a home with an income property. Rentals are hard to find in Fraser and Winter Park, Colorado. Young professionals typically pay between $750 – $1,000 each month for a one-bedroom apartment year-round. If you are not going to live up here full-time, consider an income property to offset costs, increase resale value, and give you ease of mind knowing that someone is looking out for your home when you’re not here.

Question: What about work?

Answer: Finding year-round employment can be a bit of a challenge here in the mountains of Colorado. While challenging, it is not impossible. Here are some suggestions.

• Talk to people – Attend mixers the Chamber holds. You never know who you might meet…and when you live in a small town, it really is all about who you know.
• Start your own business – There are tons of opportunities for businesses to take off here in the Rockies.
• Telecommute – Thankfully with the internet, telecommuting is a viable option!

If you have other questions, feel free to give us a call at 970-726-8700.

The staff at Grand Park are happy to discuss real estate, local trends, provide you with tips, and if you are interested, show you the many real estate options available. Contact Us!