Snowshoe
Snowshoe, West Virginia, nestled in the Allegheny Mountains, is a picturesque mountain resort destination known for its stunning landscapes and outdoor recreational opportunities. The real estate market in Snowshoe is unique, shaped by its role as a popular winter sports destination and a haven for nature lovers throughout the year.
Snowshoe Facts
- Snowshoe, West Virginia is an unincorporated community in Pocahontas County
- The peak elevation at Thorny Flat is the second highest in the state at 4848 feet above sea level.
- Snowshoe’s average annual snowfall is 180 inches.
- The mean temperature in January is 22.1 °F and 62.6 °F in July.
- The average winter season is about 130 days each year.
- The resort opened in 1974.
- Ski slopes make up 244 acres of the resort, and include the Snowshoe Basin (37 trails), Western Territory (4 trails), and Silver Creek (15 trails) areas.
- The Raven Golf Course and Shavers Lake provide summer recreation.
- Snowshoe has a lift-serviced bike park and an extensive trail network for mountain biking.
- Popular events include UCI Mountain Bike World Cups and the 4848 Music Festival.
Types of Homes
From the base area to the mountaintop, there are a variety of options that include freestanding homes and condos. Condominiums and townhouses are sought after for a convenient and low-maintenance lifestyle. Single-family homes with scenic mountain views provide a more secluded and private living experience. Many of the condo buildings offer a wide range of on-site amenities like restaurants, hot tubs, rental shops and equipment tuning, fitness centers, indoor/outdoor pools, and more. Amenities and proximity to the slopes and village are deciding factors when purchasing Snowshoe real estate. It is the epitome of convenience and offers a variety of desirable amenities.
Examples of popular Snowshoe properties include:
- Rimfire Lodge and Allegheny Springs are iconic Snowshoe properties located in the Village Central and steps from Ballhooter Lift.
- Highland House is a new complex with ski lockers, a nautilus facility with a sauna, and an outdoor hot tub. It is adjacent to Skidder slope, between Expedition Station and Allegheny Springs in the Village.
- Powderidge units have fantastic views of the Village and valley along with slopeside access to the Powderidge Lift and the Northern Tract area of the basin.
It is important to consider your own needs as well as what is desirable to guests if you are considering listing your property as a vacation rental.
Investors who are considering renting their property will benefit from working with a Taylor-Made real estate agent. Our team members are well-versed in the Snowshoe vacation rental market. From income projections to rules and regulations, they have all the information you need to make the right choice.
The Snowshoe Real Estate Market
One of the key factors influencing the real estate market in Snowshoe is its seasonality. Snowshoe is renowned for its world-class skiing and snowboarding facilities, attracting winter sports enthusiasts from far and wide. Throughout the rest of the year, Snowshoe is a popular destination for mountain biking with one of the largest trail systems in the East. Visitors can also enjoy lake activities, hiking, golf, horseback riding, and more.
Many buyers, both local and from out of state, seek vacation homes or rental properties to take advantage of winter sports and year-round recreation. Typically, the Snowshoe real estate market picks up during the summer months. Many transactions happen from early summer through mid-fall. With winter being the peak season, this quieter time of year gives buyers easier access to view properties. Also, sellers who rent their properties avoid missing out on winter income.
The average sale price in Snowshoe is $229,046. Buyers looking for ski-in/ski-out properties or those with convenient access to Village Central can expect to pay a premium.
In Conclusion
Overall, Snowshoe’s real estate market is characterized by its unique blend of seasonal fluctuations, outdoor recreation appeal, and the allure of mountain living, making it a distinctive and sought-after destination for property buyers.
