Crested Butte and Gunnison Quarterly Report First Quarter 2014

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Real Estate Market Report First Quarter 2014

We have just recently released our Crested Butte and Gunnison Quarterly Report – First Quarter 2014.  The Quarterly Report is our electronic real estate market report released each quarter displaying the sold values in and around the Crested Butte and Gunnison area.

This first quarter for 2014 was much slower than anticipated with the Crested Butte area down 50.2%.   Here is the full real estate market report for the First Quarter of 2014.

With a myriad of things happening this winter such as rumors of the ski resort selling, a colder winter throughout the nation and a snowier winter in Crested Butte than we have had in multiple years, the First Quarter of 2014 was much slower than 2013. Buyers were more inclined to ski the fresh powder and take a wait and see approach to purchasing this winter.

Buyers finally did decide to start moving and putting properties under contract toward the end of March with a flurry of properties going under. Currently in the Gunnison County there are 85 properties under contract with a listing value of $34.6 million, with the majority clsoing in the Second Quarter.

The only segment of our market that made improvements was the condo and townhome market in Mt. Crested Butte. Due to the abundance of snow this winter, many skiers were in town to partake in the amazing skiing. The increase of skiers in town helped drive the sale of lower to middle range condos and townhomes. This segment almost doubled in sales volume from the previous year.

Thank you for reading our Quarterly Report and if you have any questions or would like more info regarding property in the Crested Butte and Gunnison areas, please contact one of our knowledgeable brokers.  If you would like us to print out the PDF version please stop by our centrally located office in downtown Crested Butte at 401 Elk Avenue.

 

 

Urban Living with Small Town Charm in Boston’s South End

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It is sometimes said that Boston, despite being a metropolitan city with cultural and lifestyle parallels to New York City or London, is a small, manageable, even homey little place. And within this little “big city” is a downtown neighborhood known as the South End, exemplifying this paradoxical blending of urban sophistication with down-home neighborly charm. The result is a highly walkable neighborhood with a uniquely honed atmosphere—that of city living infused with a small town feel.

South End Garden

Perhaps one of the most defining physical attributes of Boston’s South End is its brick and brownstone row houses dating to the mid 1800s. With prominent front stoops adorned with decorative wrought iron rails, these row houses are often found on narrow tree-lined streets with red brick sidewalks. Many of these row houses have been renovated into luxurious modern single-family homes and condominiums, but the classic hominess and friendly feel of these neighborhood streets remains. Some blocks, known as “squares,” have a lovely center garden running the length of the entire block, often with a fountain.

South End Victorian

Historic brownstone homes and luxury condo buildings gracefully share the limelight here, reflecting the diversity of South End real estate. In the last decade, many contemporary residential buildings have arisen in Boston’s historic South End, adding a welcome eclecticism to South End architecture. Wilkes Passage, a luxury condo building built in 2002, combines mid-century style exterior with loft interiors. Not long after, in the SOWA (“South of Washington”) district, industrial loft buildings were re-adapted as artist studios, galleries, and a vintage goods marketplace. In 2004, the Atelier 505 condo building opened, its name playing on the idea of artists’ studios with large windows. In 2008, the newly constructed 700 Harrison opened, with a decidedly modern design featuring 6-foot wide floor to ceiling windows. Currently, construction of the InkBlock complex on the former site of the Boston Herald newspaper is underway. The complex will contain the largest Whole Foods in Boston, as well as other retail, hundreds of apartments, and SEPIA, a luxury condo building.

Despite so much growth and development, Boston’s South End remains a congenial place. Highly walkable, it is rich with green spaces to suit every personality. In some parks, salsa dance enthusiasts gather on summer nights to dance outdoors with partners, while in other parks dog lovers and their four-footed companions gather all year round. Those seeking solitude can find it in the tiny, quiet gardens tucked away on side streets. Others gather in airier parks for early morning Tai Chi, for little league games, socializing or exercise.

Southwest Corridor Park, a linear park almost 5 miles long, lies on the border dividing the South End from Boston’s Back Bay, stretching through many neighborhoods with a street-level green space suited to strolling or bicycling.

South End Garden

Day or night, the sidewalks in Boston’s South End are lively and social. A vibrant nightlife includes fine dining and casual eateries, theatre and dance performances, live jazz, artist open studio events, and community adult education classes. SOWA (South of Washington street) features art galleries in readapted industrial loft buildings.  On Sundays, the district hosts a farmer’s market with local vendors selling produce, honey, fresh herbs, teas, coffee, meats and breads. A sea of bright white tents is the Sunday home to artisans selling paintings, jewelry, handmade soaps, stationery, and home goods, as originally painted food trucks line up to offer a diverse range of dishes and fresh-pressed juices to shoppers and browsers.

The diversity of people, homes, lifestyles and accessible activities in the South End make it one of Boston’s most sought after neighborhoods to live in. Life in the South End offers the cultural stimulation and excitement of city living in a quaint, friendly and aesthetically pleasing environment.

Union Park

Guest blog post from Joe Wolvek, Associate Director of Sales, Gibson Sotheby’s International Realty

The Collection Winter 2013-2014 | Crested Butte Gallery of Properites

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The Collection

The Collection | Winter 2013/2014

The hard copy of our winter buyers guide, ‘The Collection Winter 2013-2014′ is being delivered this Friday or you can check out the electronic version by clicking the cover photo above.  This year our cover photo is from one of our local artists and client of Benson Sotheby’s International Realty, Susan Anderton.  We would like to thank Susan for her use of her photo.  It is a very lovely winter scene of the Town of Crested Butte and Paradise Divide.  You can purchase Susan’s work at Gallery 3 on Third Street and at the Paragon Gallery.

Here is a little info on Susan and where her she gets her inspiration for her work.
Susan Anderton arrived in Crested Butte from England in December 1969.  She was immediately drawn to the character of the town’s historic buildings and began an ongoing series of pen and ink drawings and etchings, capturing the authentic Crested Butte of an earlier era.  Over the years Susan has continued to be inspired by the magnificence and beauty of the natural world and has employed a variety of mediums to best express her ideas.  Recently she has designed a series of posters in a “Retro” style to capture the essence of Crested Butte and it’s spectacular setting.  The cover design is the latest in this series.  Prints and original works are available from Gallery 3 on Third Street and at the Paragon Gallery. 

1% for Mt. Crested Butte Performing Arts Center

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Mt. Crested Butte Performing Arts Center

Join our participating brokers in
1% for Mt. Crested Butte Performing Arts Center

We are trying to help the Mt. Crested Butte Performing Arts Center meet their “2013 Community Match Campaign”.  They are looking to raise $3 million in matching funds by the end of 2013 to secure a $3 Million Founders Challenge as well as $6 million offered by the Town of Mt. Crested Butte.

We encourage others to participate to help increase the performing arts throughout our valley.  If you would like to help visit the mcbpac.org website or contact one of our participating brokers, who are Cathy Benson, Corey Dwan, Gary Huresky, Kiley Flint, Sam Lumb, Jaima Giles, Jamie Watt and Katy Mattson.  Some of the other businesses in town also participating are Artisan Rug Gallery, Lil’s Sushi Bar & Grill and Soupçon.

The new Performing Arts Center would be located up near the base area of the ski resort creating a full arts, ski resort, retail, residential pedestrian area.  For more information visit the Mt. Crested Butte Performing Arts Center website for videos, conceptual drawings and detailed information about the upcoming project.

Performing Arts Center Site Plan Highlighted

Performing Arts Center Site Plan Highlighted

Also look for our ad in the Crested Butte News.

Benson Sotheby's Ad for MCBPAC

Benson Sotheby’s Ad for MCBPAC

 

Castlewood Estate | New photos

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Castlewood Estate | Crested Butte

Castlewood Estate | Crested Butte

Castlewood Estate | 625 Red Mountain Ranch Road | Crested Butte

Recently we had Bob Brazell take some new interior photos of Castlewood Estate and they came out amazing.  Check out some of these photos and for more information on Castlewood Estate click here.

Castlewood Estate – “A Residence Above all Else”. Nestled at the base of Red Mountain and surrounded by 360 degree, unimpeded views 625 Red Mountain Ranch Road is a location above all others while embracing the valley’s most impeccable architectural details and finishes. A collaboration between renowned builder John Stock and architects Excalibur Construction and Custom Log Homes of Montana, this distinguished home has over 9,000 square feet of hand hewed large diameter logs and moss rock weighing as much as 6,000 lbs a piece. Nine fireplaces, rough sawn wide plank pine, wormy chestnut and oak wood floors, solid granite and marble counter tops and tile, copper clad windows, sinks and baseboard accents, illuminated onyx and knotty alder cabinets all took over five years to orchestrate to become the valley’s most comprehensive old world lodge. Commanded by a sophisticated LiteTouch system, every square foot of this timeless home is indulged with LaCanche, Sub-Zero, Fisher & Paykel, Viking, Jacuzzi, and Herbeau fixtures and appliances. Nearly 6,000 basement square feet have been partially finished. Castlewood Estate is a true masterpiece of thought, design, and execution that must be seen to be appreciated.

This property is listed by Corey Dwan.

Castlewood Estate |  Great Room View

Castlewood Estate | Great Room View

Castlewood Estate | Kitchen

Castlewood Estate | Kitchen