Telluride Real Estate News: Why Telluride Now

Telluride Real Estate News: Why Telluride Now

Telluride Real Estate News twins with Robert Stenhammer, an associate broker with Telluride Real Estate Corp./Christie’s International Real Estate.

With a BA in business, an MBA in hospitality and tourism, and over 20 years of experience in the fields, Robert’s expertise encompasses real estate, hotels, vacation rentals, resort management, community relations, government affairs, and destination marketing. In his past life working on Hilton Head Island, South Carolina, Robert wrote often on those subjects for local media. In addition to his  real estate position, he also works part-time for the Telluride Ski & Golf Resort, where his title is “Office of the CEO” and his focus is on government affairs and community relations, a role which comes down to helping make Telluride the #1 resort in the world.

In his weekly column, (narratives and video), “Telluride Real Estate News,” Robert leverages his extensive knowledge of market factors (global, national, and regional) and the Telluride lifestyle to bring readers fresh, informative – and insider – real estate news to use today.

Robert Stenhammer

Robert Stenhammer

Why Telluride? I came for a job; I stayed for the lifestyle:

In high school in Minnesota, when asked what I wanted to do with my life, I answered without hesitation: “I’m going to live where people vacation.”  That is a dream my wife of 23 years has always enthusiastically supported. Being of Norwegian descent, coupled with a love of the mountain lifestyle, golf, and skiing, Colorado was an obvious choice.

For 12 years we lived in Frisco, where our two daughters were born and I cut my teeth in the industry working for two of the greatest ski resort companies in the world: Vail Resorts and Intrawest. Eager to round out my resort management resume with beach destination experience, I moved my family to Hilton Head Island, South Carolina, where we lived for seven years. I was working for the Wyndam Group when the owner of Telluride Ski & Golf Company called with a job offer: vice president, Telluride Ski & Golf Resort.

Telluride’s magical qualities washed over my family immediately. Not only does this place offer majestic views everywhere you look and with that, a lifetime of exploration, also the people here are different and very special. It is really the people who set this place apart: they are warm, unpretentious, and passionate about pursuing all that the Telluride region has to offer, on and off the mountain. We found our home and could not be happier. My family will never leave.

And I firmly believe that if you visit Telluride, you too will want to put down roots.

I offer to share my passion for Telluride and my in-depth real estate expertise and invite you to become a full-time resident or second home owner in this incredibly mesmerizing destination.

Starting now…

Why buy Telluride Luxury Property now?:

With attractive interest rates and real estate prices per square foot still below comparable mountain towns, now is the perfect time to buy Telluride property. The regional market is seeing momentum with 16% more transactions and a 9% increase in total dollar volume in 2016 over the previous year. With more convenient air access into the Telluride and Montrose airports than ever before, an exciting master development plan just released by the Telluride Ski & Golf Resort, and  world-class alpine winter and summer lifestyle experiences out your front door, right now is a great time to act.

Tips for buying Telluride luxury property:

• Make a list of your objectives. These questions include your preferred your budget, of course, preferred number of bedrooms, your intended use of the property, location, access, and desired amenities. Your real estate broker will guide you through the journaling process.

• Find the right broker. That is someone who knows the market, which means having insider knowledge about what’s for sale, including hard-to-find options that are not on the table because of privacy concerns. A good agent  could and should know about listings before they are officially for sale and be able to help you determine the market value of such property. Most residential real estate is valued using market comparables – similar properties in the area that have recently sold. Valuing Telluride luxury properties can be a challenge since there are both tangibles and intangibles in the purchase of a luxury home.

• If you are financing your luxury property, it’s a good idea to obtain your financing approval early in the process. Some property owners may refuse to show their property to an unqualified buyer.

• Consult your tax attorney on the options you have to best structure ownership of a desired property. Options include holding the property in your personal name, in a corporation, or in a trust. There may be additional tax advantages should you decide to rent your property when you are not using it.

• Be sure to use your real estate agent when scheduling a property inspection and find an inspector who knows the special amenities high-end homes often contain: Ice melt systems, radiant heat, luxury lighting, specialized mechanical systems, and the roof condition for the alpine environment, to name a few.

More about Robert Stenhammer:

Originally from Minnesota, Robert has enjoyed a 20+-year career in luxury resort, real estate, hospitality, and tourism. He has been a licensed real estate broker since 2009.

Robert began his resort management career in the ski resorts of Colorado, where he directly oversaw the management of over 2,600 vacation rental properties, 40 homeowner associations, retail, food and beverage, real estate, hotels and resort operations during his stints with Vail Resorts and Intrawest.

He lived in Hilton Head Island, South Carolina for seven years, serving on the Board of Directors for the Hilton Head Island/Bluffton Chamber of Commerce & VCB. He chaired the Accommodation Tax Committee for the Town of Hilton Head Island, got his brokerage license and was a regular hospitality, tourism, and real estate columnist and contributor for the Island Packet newspaper and Hilton Head Monthly magazine.

In his former duties as executive vice-president for Telluride Ski & Golf Resort, Robert Stenhammer was responsible for hotel and vacation rental resort lodging, Mountain Village retail operations, golf course operations, the Telluride Conference Center, Telluride Concierge Luxury Transport and the exclusive Telluride Ski and Golf private members club.

In his new job for Telski, Office of the CEO (Bill Jensen), Robert is charged with helping to make Telluride the #1 resort in the world by working in government affairs and on strategic partnerships and new initiatives for the resort, including housing, access, and sustainable development for a better future.

As a broker, Robert  leverages his intimate knowledge of the market and executive-level communication skills and service experience to exceed his clients’ real estate objectives.

Off-hours, Robert takes advantage of the active Telluride lifestyle His home is in Mountain Village, where he lives with his wife Heidi and daughters Samantha (18) and Mackenna (16).

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