The mountains of Colorado welcome vacationers looking for peace, solitude and natural beauty. If you find yourself returning to a mountain community in Colorado, you may wish to consider buying a mountain retreat in Colorado. Here are four tips to keep in mind before you buy.
Water and Utilities
There are two kinds of mountain retreats - off the grid and on the grid. You may be drawn to the idea of a remote location, but before you buy you need to know what kind of commitment you're making. More remote cabins often run on solar power, well water and composting septic systems. When you're closer to town, you'll have easier access to public utilities. Know what you're willing to compromise on and what you aren't willing to live without.
Maintenance When You're Away
When you buy a home that isn't your primary residence, you need to have a maintenace plan. Think about how often you plan on visiting your retreat to figure out if you need additional maintenance or not. If you're buying in a condo or other covenant community, they may have property management companies they work with. If you are in need of someone to maintain your property, plan to spend about two percent of the value of the home every year to keep it maintained.
Winter months can limit access to your mountain retreat in Colorado. If you plan to be visiting in the winter months you either need to live somewhere with snow removal or create your own snow removal plan. Understand the costs associated with snow removal and add them into your budget.
Access to Amenities
Before buying a mountain cabin in Colorado, consider how close the amenities you will need are, such as grocery stores and dining options. This factor is particularly important if you will be renting your place to other vacationers when you are not using it. Typically, folks on vacation want to have access to the grocery store and other amenities without a long drive.
Whether you are looking to buy in a ski town or off the beaten path, a Colorado mountain house can be a great retreat and investment. Get in touch today for a referral to a mountain town expert.
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