L&K Winter Magazine 2017 - L&K Info

S O U T H W E S T M O N TA N A P RO P E RT Y C O L L E C T I O N

Kandahar at Beehive Basin| PHOTO BY RYAN DAY THOMPSON

Winter 2017

Who? Who is L&K Real Estate?

We are a team of professionals working together as a team with specialized backgrounds in luxury real estate.

team members

$1.4 Billion + in combined sales

Residential | Land | Resort | Private Clubs | Ranch & Recreation | Commercial & Development

What?

What is the winter lifestyle in Southwest Montana?

Skiing & Snowboarding Big Sky Resort Terrain- 5,800+ Skiable Acres | 4,350 Ft. Vertical Drop Yellowstone Club Terrain- 2,200+ Skiable Acres | 2,700 Ft. Vertical Drop Bridger Bowl Terrain- 2,000+ Skiable Acres | 2,700 Ft. Vertical Drop

Southwest Montana is most well known for its world-class recreational winter activities. No matter what the weather holds, there is always fun to be had.

Other Activities Nordic Skiing Snowmobiling Yellowstone Park Fly-fishing Snowshoeing Ice Climbing

Where?

Where is L&K Real Estate doing business?

L&K Real Estate is the only brokerage active across all sectors of the luxury market in Southwest Montana.

Residential*

Land*

$30 Million +

$16 Million +

sales volume

sales volume

sales ranging from $112K - $10.5M*

sales ranging from $45K- $2.4M *

The Luxury Leader: L&K represented 2 of top 3 residential sales and 1/2 of all land listed over $2M within Southwest Montana in the past year.

Commercial & Development*

Ranch & Recreation*

$10 Million +

$40 Million +

sales volume

Big Sky’s commercial and development leader- over $10M in transactions in 2016

in new listings

Actively working with buyers and sellers in the ranch & recreation market

*Statistics derived from MLS list prices from Nov 2015- Nov 2016

Why? Why be a buyer or seller in the Southwest Montana market right now?

Buyers

Sellers

Southwest Montana is one of the hottest real estate markets in the country offering unparalleled lifestyle and opportunities.

After a 5 year market recovery sale prices are strong and inventory is low.

Guide to Big Sky, MT In the heart of the Madison mountain range near Yellowstone Park, Big Sky has the perfect balance of incredible outdoor recreation and luxurious amenities. It is a vibrant and fast growing community that still maintains its Montana charm.

Southwestern Montana GLACIER N AT I O N A L PA R K

M IS S O URI

BIG SKY

ONE RI VE

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BOZEMAN

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DILLON N

BIG TIMBER

RI

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THREE FORKS

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BUTTE

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MONTANA

W YOMING

WEST YELLOWSTONE

YELLOWSTONE NATIONAL PARK IDAH O

The Market at a Glance Gallatin County Population Growth

growth in Gallatin Valley population since 2015

for the first time in history

fastest growing county in the U.S.

Hot Buy

Strong Seller

Big Sky land, priced well below average in the past ten years

Mid-priced single family residential homes, especially in Bozeman

Historical Median Price

BIG SKY:

Recovering market with opportunity Steady growth in both land and residence sales, but remains well below top of the market prices in 2006-2007 throughout the majority of the market.

BOZEMAN:

Strong, steady growth Strong upward trend in sales since the bottom of the market in 2011.

Population boom is creating strong demand across the market.

RANCH & RECREATION

Low inventory keeps prices strong Continued high land prices yet low inventories equal a reduction in sales volume YTD. However, a record drop in cattle prices will bring many more production ranches to market by Spring ’17.

*All statistics derived from MLS as of Nov. 1. YC Realty does not report sales to MLS, therefore information is not included

Eric Ladd Owner

Carrie Mechura Contract Manager / Sales Associate

EJ Daws Sales Associate

Ryan Kulesza Owner / Broker

Katie Morrison Marketing Director / Sales Associate

Bryce Connery Sales Associate

At L&K Real Estate we represent clients purchasing and selling the finest luxury lifestyle properties in We love this beautiful place and are passionate about helping others find their own connection to it.

Real Estate Brokerage, Consulting & Development 4 0 6 - 9 9 5 - 2 4 0 4 • L K R E A L E S TAT E . C O M

Jim Toth Sales Associate

Montana.

All information given is considered reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and should not be relied upon as such. These offerings are subject to errors, omissions, and changes including price or withdrawal without notice. All rights reserved. Equal Housing Opportunity. Š2016 LK REAL ESTATE, llc. lkrealestate.com

Lot 86 Andesite Ridge Road | Yellowstone Club