This place we call home... Durango,
La Plata County, Colorado USA on Planet Earth

A BLOG about what's happening around Durango (and a little about real estate) by your LOCAL GUIDE, Jim Wotkyns, Broker at The Wells Group.



Durango market compared to other Colorado mountain towns…

June 24th, 2019

Stats released at the Durango Area Association of Realtors quarterly meeting last week indicate the BIG winter of 2018-19 had an impact on mountain communities real estate markets. Unless homeowners absolutely had to buy or sell, they were preoccupied keeping up with the snow or enjoying the snow, not listing their home and house-hunting. In La Plata County, we are expecting a strong summer this year after the 416Fire last summer put a damper on our market.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Big adventure in Durango – the ANIMAS RIVER is running high

June 12th, 2019

Snow is melting in the high country and the Animas River is raging right through Durango. River rafting is in full swing. Conditions are changing daily, so call ahead to reserve your adventure.

 

 

 

 

 

 

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 PROPERTY TAX EXEMPTION for Senior Citizens and Disabled Veterans

June 11th, 2019

 PROPERTY TAX EXEMPTION for Senior Citizens and Disabled Veterans 

 

 

 

The Colorado Constitution establishes a property tax exemption for senior citizens (at least 65 years old as of January 1 of this year), surviving spouses of senior citizens, and disabled veterans.  For those who qualify, 50 percent of the first $200,000 in actual value of their primary residence is exempted.  The State of Colorado pays the property taxes on the exempted value if state funding is available.  Once approved, the exemption remains in effect for future years, and the applicant should not re-apply.

 

More details:  http://www.co.laplata.co.us/government/elected_officials/assessor_s_office/property_tax_exemption

 

 

Also, VETS save-the-date for 2nd Annual Veterans Float & Picnic on Sunday, June 23 (11am-3pm) at Santa Rita Park in Durango. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Durango’s newest restaurants

May 28th, 2019

 

New EATS in Town…

 

  • Birds is now open at 2933 Main Avenue by owners of Steamworks and El Moro
  • Chainless Brewing will open Durango’s bike-up brewery soon at 3000 Main Avenue
  • Durango Coffee Co. will be reopening the coffeehouse soon at 730 Main Avenue
  • Hermosa Coffee Roasters is now open at 738 Main Avenue
  • BREAD Bakery is serving fresh-baked goodies downtown at 136 East 8th Street
  • Primus restaurant (specializing in fresh seafood and wild game) is opening soon at 1017 Main Avenue, which was occupied by Doc Hathaway’s Café
  • Mariana’s Authentic Cuisine food truck at 11th Street Station will be moving to the Powerhouse Museum at 1333 Camino del Rio
  • 11th Street Station will be getting a new food truck to replace Mariana’s
  • Guido’s at 1201 Main Avenue will be reopening soon under new ownership and cuisine
  • Mountain Tacos & Tequila at 741 Main Avenue was sold and will relaunch as a Mexican street food restaurant
  • Pongas Nightclub and Pool Hall is now under new ownership and management by Chip at El Rancho
  • Burger Theory is now open at 21636 HWY 160 West next to Holiday Inn & Suites Durango Central
  • Alce Restaurant is the new Italian restaurant at the Dalton Ranch Golf Clubhouse
  • Scholtzsky’s sandwich shop former location will now longer be a restaurant, but instead a clothing and home goods shop

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D&SNG Railroad is rolling from Durango to Silverton!

May 10th, 2019

The first Durango & Silverton Narrow Gauge Railroad train engine of 2019 rolled into a snowy Silverton last weekend.   https://www.durangotrain.com/

 

 


Durango area GOLF COURSES tee up for the summer

May 7th, 2019

Rocky Mountain golfing in the high country around Durango, Colorado:

 

Hillcrest Golf Club (public course) – right in Durango adjacent to Fort Lewis College campus – open for 2019 season  http://www.golfhillcrest.com/

 

Dalton Ranch Golf Club (semi-private open to public) – open for 2019 season  https://www.daltonranch.com/golfclub

 

Glacier Club’s Valley Course (members only) opens May 10th (weather pending)  https://theglacierclub.com/glacier-golf/valley-course/

 

Glacier Club’s Mountain Course (members only) opens May 17th (weather pending)  https://theglacierclub.com/glacier-golf/mountain-course/

 

At Glacier Club, try the Member-for-a-Day Package – The Glacier Club invites guests interested in experiencing the Alpine membership offerings to explore the private club and community as a “member for a day”.  Guests will receive access to community amenities including the Valley Golf Course, Valley Clubhouse, tennis courts, fitness center and swimming pools.

 

https://theglacierclub.com/glacier-membership/member-for-a-day/

 

Want to Stay and Play?  Purchase the Discovery Package at Glacier Club: includes 2 or 3 nights in a Glacier townhome or condominium and your choice of daily activities starting at $299.00 per person per day. Glacier’s Discovery Packages invites guests interested in real estate and membership offerings to the ultimate escape to the mountains. Guests receive members-only access to our club and community, including golf, restaurants, pool, spa and fitness center. We’ll also help you book area excursions to really see what life adventured is all about.   Additional details here >>

 

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Newer homes and furniture burn faster

April 29th, 2019

Newer homes and furniture burn faster, giving you less time to escape a fire.

 

Research shows that 30 years ago, you had about 17 minutes to escape a house fire. Today it’s down to less than 3 minutes (mobile homes only 90 seconds). The reason: newer homes and the furniture inside them actually burn faster. A lot faster!

 

We think advancements have been made in fire-retardant materials, but in fact our “disposable” lifestyle of plastics, synthetic fibers, and glue-pressed particle board make fires burn HOT and FAST. Also, modern open floor plans provide oxygen and don’t provide wall barriers to keep the fire from spreading quickly. Natural wood building materials and furnishings used decades ago have been replaced by inexpensive materials that burn quickly.

 

BE PREPARED!

 

  • Install interconnected smoke detectors in every sleeping room, outside each sleeping area and on every level of your home.
  • Closing doors while you sleep can provide you a couple extra critical seconds to escape.
  • Keep at least 2 exits clear in each room.
  • Make sure your address numbers are visible from the street at night for emergency crews to find you.
  • Practice your evacuation plan with your family, so every member knows your meeting place in case of an emergency.

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Durango is positioned for a great summer tourist season!

April 24th, 2019

With the HEAT INDEX rising in some of our “feeder markets”, Durango is positioned for a strong summer tourist season from residents escaping the heat in nearby states.  Durango Area Tourism Office is also expecting a strong travel season based on bookings thus far.

 

 

 

 

 

 

 

 

Although AAA Colorado predicts prices for gasoline in Colorado will top-off above $3.00/gallon by Memorial Day weekend, gas prices in Colorado are still below the average of the western states.  With the 416Fire putting a damper on tourists travel plans last summer, they are primed to make up for lost time and visit our beautiful region of the state.

 

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Consider a 1031 Exchange to invest in real estate

April 22nd, 2019

 

 

 

 

 

The term 1031 Exchange is defined under section 1031 of the IRS Code. This strategy allows an investor to “defer” paying capital gains taxes on an investment property when it is sold, as long another “like-kind property” is purchased with the profit gained by the sale of the first property and the funds are temporarily held by a Qualified Exchange Intermediary .

 

To receive the full benefit of a 1031 exchange, your replacement property should be of equal or greater value. You must identify a replacement property for the assets sold within 45 days and then conclude the exchange within 180 days.  Property that you hold primarily for personal use CANNOT be utilized in a 1031 exchange.

 

Please call me for details and a list of 1031X Qualified Intermediaries in our area. I can help you search for suitable investment properties, too.

 

 


FREE – D&SNGRR Train Ride for Active Duty Military, Veterans, and Military-affiliated Gold and Blue Star (parents, spouses, family members, friends)

April 19th, 2019

Please help The Wells Group of Durango fill the FREE seats for military on the Durango & Silverton Narrow Gauge Railroad from Durango to Silverton for the Iron Horse Bicycle Classic Veterans Celebration – Saturday, May 25, 2019.

 

Presented by The Durango & Silverton Narrow Gauge Railroad, BP, and organized by the Iron Horse Bicycle Classic, this day of fun, celebration, and comradery is FREE to Active Duty Military, Veterans, and Military-affiliated Gold and Blue Star parents / spouses / family members / friends.

 

Ride on the train that races the Iron Horse Bicycle Classic’s Citizens Bicycle Race from Durango to Silverton. Enjoy lunch at the race finish, and be our special guest at a Memorial Day themed Ceremony in Silverton’s Memorial Park.

 

Registration: Seating is limited – We will do our best to accommodate additional guest requests but cannot guarantee every request. Register at http://ironhorsebicycleclassic.com/veterans.

Check out all the Durango Lifestyle Blog posts!