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Breckenridge Home Sells for $8.3MM

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.

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Real Estate: The herding effect in home sales

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.

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