Winter Park Enjoys Low Unemployment Rates

Category: Finance, Real Estate.

Winter Park is" The Mountain Bike Capital of the USA" . Though, primarily a ski town, Winter Park is becoming a four- season town.

Winter Park real estate and development company, Coyote Creek is only 90 minutes outside Denver. The desire for mountain homes is making Winter Park a popular place to live, driving the Winter Park real estate market. It lies at 9100 feet. Winter Park is located in Grand County, Colorado. The area is surrounded by the Arapaho National Forest and three beautiful Wilderness areas. In the Fraser Valley are three different ecological zones offering fantastic views and surroundings for Winter Park mountain homes. Close by, the Rocky Mountain National Park offers 265, 727 acres of natural land and wildlife habitat for public enjoyment.

David Moffat founded Winter Park as a workers camp during construction of the Moffat Tunnel while building the transcontinental railroad from Denver to the Pacific. The Fraser Valley in which Winter Park is located has a rich heritage of Ute Indians, pioneers, logging, mining, ranching and the railroad. Winter Park began as two small settlements, Old Town and Hideaway Park. Winter Park offers the best powder skiing in the nation. Average annual sunny days is 250, average snowfall is 231 inches, the average high is 54 degrees, average low is 1 Tourism drives the Winter Park economy. Cold and long winters at high altitude are perfect conditions for winter recreation. Retail and service businesses are the major employers.

Work in the town is very seasonal. In addition, the Winter Park real estate market is vibrant because so many are seeking mountain homes. Winter park enjoys low unemployment rates. Winter Park is a small town of 662 people with 129 families. The average median household income is$ 44, 000, much higher than the national median of 41, 994( 2000 census) . Seasonal work fluctuates the population, second, as well as- home owners vacationing in their mountain homes. In 2006, snow fall was an ideal 365 inches.

Located in the Arapahoe National Forest, elk, moose, deer, bear and mountain, porcupines lions make their home in the mountain region. 3000 acres of skiing landscape offer terrain parks, bumps, groomers, steeps and deeps. There are other popular sports- cross country skiing, snowshoeing, snowmobiling. There is also a full cultural life with concerts and festivals. In the summer with 250 sunny days a year there is mountain biking, hiking, fishing, camping, backpacking and river rafting. The Alpine Art Affair takes place in July. Booming business and proximity to Denver are increasing the potential for Winter Park real estate, at the same time it is still affordable. Smart buyers are taking advantage of opportunities in Winter Park real estate.

As the area has grown, affordable housing needs have to. The median value of owner occupied housing units is$ 334, 400. In Winter Park, 80% of homes are owned by second home owners wanting mountain homes. Median asking price$ 541, 00Winter Park real estate ranges from$ 120, 000 to$ 2, 500, 00

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