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Telluride Real Estate Newsletter - July 2009

 

JULY 2009
Steve's Blog
TELLURIDE'S BOOMING FOURTH OF JULY

Since the late 19th century Telluride has played host to a traditional, gregarious and busy Fourth of July celebration that begins with a regionally famous parade followed by a Town Park barbecue, then at nightfall, a stellar fireworks show sure to inspire some gaping mouths...

ELEMENT 52 CELEBRATES SALES SUCCESS

Last week brokers and prospective buyers got a sneak peek of Element 52's elegant finishes on two of the riverside buildings. It was the first glance the public had of the lavish luxury real estate located at the town base of the Telluride Ski Resort and it was a success with more than 100 people. More than half of the 34 residences have been sold...

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Upcoming Events
JULY 4TH CELEBRATION

Telluride knows how to put on a party on the Fourth of July. Main street will be lined with parade-goers Saturday morning, followed by the ever-popular Town Park picnic, and followed at dark, with a stunning fireworks show all brought to us by our very own Telluride Fire Department.

KOTO DOO-DAH JULY 11

Each year KOTO Radio brings a stellar performer to the Town Park stage, in year’s past Bob Dylan, Lyle Lovett, Jackson Browne, to name a few. This summer KOTO welcomes George Clinton and Parliament Funkadelic with Rusted Root opening the evening.

AH HAA AUCTION JULY 24

Under the big tent again this year, the Ah Haa School hosts its biggest fundraiser of the year, and oh so popular. It is one of the local events of the season for a local cause. A silent auction begins at 5 pm and is followed by a gregarious live auction at 7 pm. Bid on your favorite works of art, ranging from simply ascetic to completely functional, and as varied as the local artist who created them.

Contact Information
Telluride Real Estate
Steve Catsman, Owner/Director
Telluride Real Estate Corporation
137 W. Colorado 
PO Box 65
Telluride, CO 81435
970.728.6629 
Fax 970.728.4917
steve@catsman.com
WWW.CATSMAN.COM
FLYING TELLURIDE SKIES WITH CONVENIENCE
What is so integral to Telluride’s charm is also part of the town’s limitation — its off-the-beaten-path location. Fortunately, you have to drive about an hour to find a stoplight; in the past you would have to drive the same distance to find multiple flight carrier convenience.  But the Telluride Regional Airport is now in the process of changing that. telluride regional airport.jpg

Telluride Regional Airport is upgrading its runway for more direct convenience
The Federal Aviation Administration granted the Telluride airport (TEX) $21 million to complete Phase II of the runway improvement project which, when complete, will wave in additional types of commercial aircraft. The airport's  upgraded safety rating will allow it to accommodate the Bombardier Q400, a 70-plus passenger aircraft with coast to coast range allowing for more direct flights in and out of Telluride.

The Telluride airport closed in April and will reopen November 2. While TEX is under construction, the Montrose Regional Airport and Durango-La Plata Airport are serving Telluride’s visitors and commuters.

The FAA mandated the four-phase airport improvement project that is slated for completion in 2012 when TEX’s safety rating will bump up from B3 to D3.

SWEET OL' SUMMERTIME IN TELLURIDE
During a Telluride summer it’s not hard to pencil in the calendar. The festivities stack up in succession in what is all too often a very short season. Beginning with Mountainfilm in Telluride over Memorial Weekend and wrapping up with Telluride Blues & Brews mid-September, the summer festivals that fall in between range in theme from wine to the Wild West, theatre to yoga, and of course, music.
telluride summer.jpg

Telluride's summer is underway and is as busy as its winter counterpart
Telluride Bluegrass Festival kicked off a strong summer start (and also brought the sunshine) and was followed by an equally successful Telluride Wine Festival. So mark your calendars, summertime in Telluride is sweet.

June 29-July 5
Telluride Plein Air
July 4th Celebration
July 7 Telluride Playwrights Festival
July 10-12 Telluride Yoga Festival
July 10-12 KOTO Doo-Dah Concert presents George Clinton
July 11-12 Hardrock 100 Endurance Run
July 23-25 Telluride Americana Music Weekend
July 24 Ah Haa Art Auction
July 31 Telluride Cajun Festival
August July 31-2 Telluride Tech Festival
August 6-16 Telluride Chamber Music Festival
August 7 KOTO Duck Race
August 13-16 Telluride Festival of the Arts
August 14-17 Mudd Butt Mystery Theatre Troupe
August 20-23 Telluride Mushroom Festival
September 2-10 Telluride Film Festival
September 12 Imogene Pass Run
September 14-17 Black Bear Awareness Week
September 18-20 Telluride Blues & Brews Festival
ECONOMIC ALLURE OF VACATION PROPERTIES
Summer nearly mirrors winter in Telluride rivaling each other in visitor numbers, one season with snow the other without, but both with bluebird sunny skies and vacationers who want to take in the Telluride experience. telluride balloon festival.jpg

Telluride ski resort homes are perfect summer rentals
Lodging visitors is not always solely the hotel and condominium proprietors’ niche because many seek out the homey feel and ample space a home rental affords. Temporary rental properties are an excellent opportunity for both homeowners and home seekers — a perfect monetary match made in Telluride.

Whether you own a second home or are seeking out a vacation property in Telluride, covering costs while you’re not using the home is rarely an issue. Rent your home by the evening, the weekend, the week, or the month, to folks visiting for summer festivals, weddings, seminars and conferences, or simply those seeking Telluride peaks. Summer is the ideal time to offset the cost of owning a ski resort home providing homeowners assistance with income for second home mortgage payments, maintenance costs and property taxes.

In Telluride’s high seasons of summer and winter, vacation properties are high commodity to all, whether it be just for the weekend or for a lifetime.
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