Red Lady Realty - Crested Butte, CO

Red Lady’s View from Elk Avenue

2nd Quarter 2017 Market Report

July 18, 2017
"Town is as busy as ever, the real estate market is very strong, and we are in the height of our selling season."  For Sigrid’s full market update and more in-depth statistics of the market so far this year, check out our market report available here.

 

Mountain Express offers Bus service to Gothic and Judd Falls Trailhead

July 11, 2017
Mountain Express has collaborated with Gunnison County and the Forest Service to begin bus service to the Judd Falls Trailhead this summer. The Mountain Express Board and staff are excited to offer this service in efforts to help alleviate traffic impacts in the Gothic Corridor.

The Gothic Bus began operating on Monday, June 12 and will run through Sunday, August 20. The Gothic Bus makes 4 round trips daily with stops at the 4-Way in Crested Butte, Mountaineer Square, Quick read more or view full article Snodgrass, Gothic Townsite/RMBL and now at the Judd Falls Trailhead parking area. Stops depart the 4-Way at 8:30AM, 11:30AM, 1:30PM and 4:00PM daily. Stops depart the Judd Falls Trailhead at 9:10AM, 12:10PM, 2:10PM and 4:40PM daily.

The schedule is available here and the route map is available here. As this is the first season traveling to Judd Falls, minor adjustments may need to be made along the way. Locals and guests are encouraged to use the bus this summer for their recreation within the Gothic Corridor. If the service is successful this year, efforts to offer more round trips can be made in the future. Please help spread the word and encouragement to hikers, bikers, sight-seers, artists, scientists, flower peeper, anglers… You get the idea.

If you have any questions, visit the website at www.mtnexp.org, or contact Mountain Express at (970) 349-5616.
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2017 Wine and Food Festival

June 28, 2017
The Crested Butte Wine & Food Festival takes place each July. Striving to create a wine and culinary festival that complements the array of amazing offerings in Crested Butte and Mt Crested Butte, this festival is the perfect excuse to visit this scenic and captivating area.

Featuring a selection of seminars, fine dining winemaker dinners, and more, there is something for everyone. The signature event, the Grand Tasting, presents over 500 select wines from 25 wineries and distributors, food Quick read more or view full article demonstrations, and more.

See the full schedule of events here.
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Our 2017/2018 Real Estate Guide is Here!

June 15, 2017
Check it out! Our most recent Real Estate Guide has just hit the stands. Stop by our office to get your copy now or view it online below. If any of the featured properties peak your interest, let us know and we can provide you with additional information or find you something that better fits your vision.


 

*To view the publication full screen, click on the square that is either located Quick read more or view full article in the bottom right corner or center of the screen. Read Less

Up Next in CB: Alpenglow Summer Concert Series

June 6, 2017
Summertime, gorgeous sunsets, great friends, live music… Alpenglow is the Center for the Arts' free outdoor concert series on Monday evenings during the summer. With Crested Butte Mountain and Paradise Divide as the backdrop, come enjoy the sounds of a variety of music. Bring along your chairs, snacks and non-alcoholic beverages. Join friends and family as we enjoy the best that summer in Crested Butte has to offer.

Check out the full 2017 lineup here.
 

Real Estate Transfer Taxes in the Crested Butte Area

May 15, 2017
While the state of Colorado does not allow areas to create new real estate transfer taxes, there are some areas near Crested Butte that adopted a transfer tax before that amendment was passed.  Since these transfer taxes are calculated based on the purchase price, it is important to know if there is one that applies to a specific property as it could have a substantial impact on your bottom line.  How transfer taxes are split between the buyer and the Quick read more or view full article seller is negotiable so be sure to talk to your Realtor to determine how best to handle this in your Colorado Contract to Buy and Sell. 

In the Crested Butte area there are three transfer taxes.  

The first and largest is the Town of Crested Butte Real Estate Transfer Tax of 3%.  This applies to the transfer of any property within the town limits.  Half of this tax goes to the preservation of open space outside the Town limits of 1991.  The other half goes into the Town’s General Capital Fund.

The second area with a transfer tax is the Prospect Area of Mt. Crested Butte.  This includes Prospect Subdivision and Wildhorse at Prospect. This 2% transfer tax is collected by the North Mt. Crested Butte POA and then are transferred to Reserve Metro District No. 1.  The money is currently used to pay off some equipment and other debt regarding road construction as well as road maintenance expenses.

The third and final transfer tax applies to sales in the Grand Lodge, Lodge at Mountaineer Square & Elevation.  Funds are used to cover operating costs - snow removal, snow melt systems, landscaping, exterior grounds maintenance.  It is also used for promotion & events in Mt. CB - includes free summer music series.

The number of properties affected by a transfer tax is relatively low, but it is good to know before you decide where to buy if one might apply to your purchase.  As always, the agents of Red Lady Realty can answer any questions about this or any other topics regarding buying or selling in the Crested Butte area.  Contact one today! Read Less

1st Quarter 2017 Market Report

April 11, 2017
As Diane puts it, “2017 is off to a good start in Crested Butte real estate. We continue to experience low supply and steady to increasing demand, which is switching our overall market from a buyer’s to seller’s market. In the new paradigm, we should experience rising sales prices and sellers getting closer to their listing price for their properties.” For Diane’s full market update and more in-depth statistics of the market so far this year, check out our Quick read more or view full article href="http://issuu.com/redladyregister/docs/2017-1stquarter?e=1905381/47084453">market report available here.


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