The words “ski town” evoke a whole collection of positive emotions and memories for many. Maybe it is a first college ski trip, maybe mom and dad teaching you to ski, or maybe the first time hiking to a true alpine lake. Ski towns are unique in many ways, so here are the 7 top reasons for owning a piece of your favorite ski town.
- Nothing brings families together like a ski vacation. Younger generations traditionally learn from older generations and those lessons are handed down along with the memories. Add in the end-of-the-year family-centric holidays including Thanksgiving and Christmas, and President’s Weekend and Spring Break, and what goes together better than families and snow? Most ski town homes and condominiums are designed around the “great room” with accommodations for multi-generations. And many aging skiers desire to leave “legacy” properties to the family for even more generations of enjoyment and memories.
- Ski towns, or more commonly referred to as “mountain resort communities” today, are great places to retire or semi-retire. Year ’round recreation is plentiful. So are special entertainment events and fine dining. And “duality”(having more than one home in varying but unique environments) is increasingly popular; mountain and tropical for instance.
- Summer!! While the winter adrenaline sports like skiing, snowboarding, snowmobiling, crow-country skiing, etc. are the initial draw to ski towns, many new property owners discover the splendor of summer; wonderful climates, even more scenic beauty, even more recreational opportunities, a variety of cultural events, and relaxation. The old adage in mountain resort communities is, “come for the winter, stay for the summers.”
- These locales typically represent some of the most pristine areas of the country; think the Rockies, Sierra Nevada, The Tetons, etc. As the world becomes increasingly polluted, many mountain resort communities are protected by layers of governmental ownership and land use controls, watershed rights, and by powerful environmental groups. These layers of protection are often the roadblock to resort town over expansion and degradation. This protection will maintain the pristine quality for generations to come.
- Big ski resorts are successful business enterprises. Gone are the days of family owned ski resort. Today they are owned by publicly traded companies or equity funds. Modern corporate ski resort management focuses on peak customer experience while turning profits, and they perform very well. Add in real estate development and property management for increased profits. And they increasingly align with the top hospitality companies and their franchises.
- Ski town ownership traditionally attracts a more affluent clientele making the market less susceptible to the vagaries of the economy.
- Most ski towns have a full range of affordability. True, places like Aspen are down right expensive. But most ski towns across America have quite a variety of properties and price ranges making the dream a possible reality for many.
Ski towns remain a unique experience in America, a throwback to our European forefathers and the old world traditions of adventure, recreation, social interaction, and the appreciation of our familial generations. Combined with depressed values, low-interest rates, and the need to re-create, now is a great time to acquire in your favorite ski town.