Breckenridge Home Sells for $8.3MM

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BRECKENRIDGE — The most expensive home sale in Summit County history occurred last week with the transfer of an $8.285 million residence near the base of Peak 8.  The 6,565-square-foot residence sold for about $2.7 million more than the previous record-breaker, which occurred in July 2008. Both are in Timber Trail subdivision.

Transactions for the $2 million-and-above segment of local homes in 2009 were actually up from 2008; 23 were sold in 2009 relative to 21 the previous year.

The home includes seven bedrooms, nine bathrooms, four fireplaces, a three-car garage, three laundry rooms and several top-of-the-line finishes — such as custom iron work fixtures, stained glass, wide-plank Norwegian Elm flooring and Smarthome automation features, according to a Breckenridge Associates Real Estate press release.

There’s also a 2,000-square-foot heated patio with a view of the resort’s Horseshoe Bowl.

“This extraordinary mountain estate is Breckenridge luxury at its best,” according to the press release.

Real Estate: The herding effect in home sales

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By BOB & DONNA McWILLIAMS, For The Capital Published 08/30/09

As a well-polished realtor, you’d never suspect that Donna used to be a cowgirl. Along with her five sisters and one brother, she worked a cattle ranch in southern Idaho. I don’t know how many acres the ranch is. A while back, I learned that asking such things is a bit impolite and somewhat like asking a city slicker how much money he has in the bank. But the family ranch has more than a few acres and enough cows to keep everyone busy. In the wide open spaces of the west, it’s amazing how a handful of cowboys (or cowgirls in Donna’s case) could effectively control hundreds, sometimes thousands, of cattle and get them moved from point A to point B. This ability has always confounded me, especially when I see how a mom and dad at the mall can have trouble keeping three kids together. Well, what makes driving cattle possible is the herding effect. I found on the internet (you can find anything on the internet) that a trail boss would look to have about one cowboy for every 250 head of cattle. Get some real experienced riders, and you might make do with one for every 400 head. In short, a few key individuals can have a great impact on leading a much larger entity.

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