Team Black Bear’s
Real Estate Update Exceeding Your Highest Expectations in Service, Performance & Results! June 2014
Real Estate as a Retirement Vehicle
eal Estate is definitely making a comeback in Eagle County and the Country. There is not just one explanation for this turn around. Of course, there is always a need for shelter for all families and individuals. And we are delighted to see increased job opportunities in our area, which has increased housing needs and desires.
of their real estate holdings, not to mention the Warren Buffets and Donald Trumps of the world that have become billionaires with their commercial real estate purchases! If you have not started to make real estate investments, other than your personal residence, and have a desire to do so, you might look into a selfdirected IRA. It is possible to use your Self-Directed IRA money to purchase any of the following: residential single family or multi-family property, commercial and industrial property, foreclosures, short sales, distressed and bank owned properties. You might choose to investigate this form of investment for possible tax advantages, more control over your own money and to diversify your retirement holdings.
“Americans Sold on Real Estate as Best Long-Term Investment"
That being said, the reasons we would like to discuss here are more about how real estate is now perceived as a good investment, which often is part of a retirement strategy, no matter the age of the investor. In a Gallup Poll Article dated April 17, 2014, titled "Americans Sold on Real Estate as Best Long-Term Investment", some interesting beliefs were uncovered. The Gallop Poll involved about 1000 people and what they thought was their best option for a long term investment. Real Estate was considered the best, then gold, then stocks, mutual funds, CD's and then bonds. Also, the Associated Press had an article on "Retirement Readiness" in the April 13th Denver Post paper stating that Homeowners were building equity in their homes again, which is important because their 401(k) plans are not sufficient to provide 100% of retirement needs. Now, something we have known for some time in our area was written up from a Better Homes and Gardens national survey. It stated that one out of four Baby Boomers surveyed said they will buy a second home. As you know, a second home is a place of joy and relaxation for the whole family, but it also can be a good investment for the future. Of course, many investors go well beyond a first and second home. Many active and retired individual investors live a very comfortable life off
Call or email any of the professionals at Team Black Bear, to find out more about opportunities in planning for your future with real estate investments. Joan Harned, Barbara Hogoboom, Laura Sellards and Angela Maxey are anxious to offer you our combined knowledge and show you are luxury service offered to all of our clients.
COTTON RANCH Impeccable cra smanship in this builder's personal residence. Main floor master. $625,000
SWEETWATER 35 acres border‐ ing N.F. on en re Southern bor‐ der. Water fall, water rights, pond and hun ng. $485,000
MCCOY 80+ Acres, water rights, COTTON RANCH Duplex w/single ponds, shop + apt & 2nd shop. ‐family feel on The Gypsum Creek Golf Course. 3 car garage. Set up for hun ng. 2 pastures, Custom finishes. $450,000 barn, BLM on 2 sides $995,000
SILT Hunter’s paradise, grand corporate getaway or serene re‐ treat on 216 acres. Backs to NF, 5bd lodge home, stunning views. $3,250,000
SILT 850 acres, 2 streams, COTTON RANCH Main floor ma‐ water/mineral rights, 500 acres ter, designer finishes through‐ irrigated, 2 homes, many out out. Ovrszd 3 car garage, a/c, bldgs. 2 miles to Ntl Forest. great corner lot. $595,000 $3,500,000
CHATFIELD CORNERS 3 bd, 2.5 bath, single level home. Builder owned with custom upgrades. Immaculate condi on. $449,000
MCCOY 2.5 acres, BLM on 3 sides, horses OK. Sunny, views, trees, Yarmony Creek. Updated 2 bdrm mobile home. $225,000
EAGLE RANCH Spacious, immac‐ ulate, sunny end unit Redstone townhome. 4 beds, 2.5 baths, 2 car garage. $418,000
CO RIVER RD 2 bed, 2 bath home on 6+ acres with views of the Colorado River. Bunk house, smoke house, barn. $319,900
GLENWOOD CANYON 5+ Acres with 965+ feet of beach front acreage on the Colorado River. Phone, Electric & Well. Easy access to I‐70. $137,000
SILT 2 homes, fenced w/12 pas‐ tures. 3 NF In‐Holdings. 850 acre main ranch is 13 miles South of Silt. Water & Mineral rights. $5,100,000
COTTON RANCH .88 of an acre, On 2nd tee At Gypsum Creek Golf Course. Views Of golf, mountains and Gypsum Valley. $80,000
GYPSUM Car Wash w/1 auto DOTSERO 1.782 Acre lot over‐ wash bay & 2 self‐service bays, + looking the confluence of the 3 vacuums. Sale includes real Colorado River and Eagle River. estate and all equipment. Backs to open space & BLM $87,000 $499,000
DOTSERO 1.8+ acres commercial near I‐70 truck parking , new boat/ra launch across the street. Last stop in/out of Glen‐ wood Canyon. $1,500,000
COTTON RANCH 0.60 an acre Gypsum Creek Golf Course home ‐site, Wonderful views. Walk to clubhouse, pool, golf and tennis courts. $79,000
EAGLE RANCH Main level mas‐ ter, 2 living areas, finished base‐ ment, new appliances. Associa‐ on takes care of front yard. $435,000
COTTON RANCH Custom with 4 car overszd garages. 5,409 sq on golf course. 6 bds, 4.5 bths, media, exercise & family rooms. Main floor master. $799,000
GYPSUM 3,200 sf light‐industrial space. 3‐12x12 overhead doors. 26’ ceilings, 5,000 sf fenced storage yard. Currently leased. Separate $285k (West), $210k (East) or $475,000 for both units.
SKY LEGENDS Adjacent to Gyp‐ sum Creek Golf Course. A rac‐ ve na ve vegeta on. Build year ‐round. Sits high above the val‐ ley. Adjacent Lot Also Available. $90,000
SKY LEGENDS Private home‐site at end of quiet cul‐de‐sac; over‐ looks 16th fairway at Gypsum Creek Golf Course. Great views! Adjacent lot also availa‐ ble $95,000
BRUSH CREEK End unit town‐ home, nice and bright loca on overlooking the park area. Single car garage. Unfinished base‐ ment. $326,900
MCCOY Backs up to BLM, Ante‐ lope Crk runs thru prop. 3 bed,2 bath with views of the back of Castle Peak. $275,000
VAIL Racquet Club Condo with 1 bed, 1 bath. Overlooking Gore Creek. Across from tennis courts. Fresh paint! $255,000
BLUFFS Great 3 bed end‐unit townhouse in the desirable Bluﬀs neighborhood with 1 car garage. $305,000
EAGLE RANCH Fabulous contem‐ porary Village Home, 4 beds, 3 baths & lovely features too nu‐ merous to men on! $589,000
Eagle County | Vail Valley | Colorado
Joan Harned, Barbara Hogoboom, Laura Sellards, Angela Maxey
www.TeamBlackBear.com info@TeamBlackBear.com P.O. Box 1651 Eagle, CO 81631
InformaƟon contained in this newsleƩer is not guaranteed to be accurate. Prices subject to change without noƟce.
# of Closed Sales By Price Range YTD thru April 2014 $10M and Above 3 $5M to $9.9M 6
$2M to $2.49M 4
$2.5M to $4.9M 12
$299,999 and Below $300,000 to $599,999 $600,000 to $999,999 $299K and Below 20
$1,000,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,499,999 $2,500,000 to $4,999,999 $5,000,000 to $9,999,999
$1.5M to $1.9M 6
$10,000,000 and Above
$1M to $1.49M 16
$300K to $599K 38
$600K to $999K 25
For more details or to see your areas sta s cs please visit www.TeamBlackBear.com