What Luxury Homeowners Should Know about Property Management.
Professional property management for luxury residences is essential to protecting and maintaining the value of ski homes. It goes beyond basic maintenance and encompasses a comprehensive approach to preserving and enhancing luxury property with care that addresses maintenance, damage prevention, security, and service coordination. Many homeowners opt for premium services during peak ski season (December-March), with reduced services during shoulder seasons; however, a luxury home requires 12 months of professional care. Professional property management provides peace of mind to luxury homeowners and contributes to an elevated living experience for the homeowners with peace of mind, knowing their asset is protected.
Maintenance Programs Include:
- Comprehensive structural inspections on a quarterly and annual bases
- HVAC system monitoring and maintenance with smart technology integration
- Custom-designed maintenance schedules for specialty features like pools, hot tubs, wine cellars, and smart home systems
- Regular inspection and upkeep of luxury home finishes, including marble and hardwood, electronics, art and valuable collections management
- Essential supply inventory management
Security and Privacy Management
- 24/7 monitoring systems with immediate response protocols
- Advanced surveillance system maintenance and security breaches
- Key and security system management
- Regular security system updates and maintenance
- Coordination with private security personnel for remote monitoring systems
- Cyber security measures for smart home systems
- Privacy screening for service providers and contractors
- Background checks and security clearances for contractors
- Regular property checks during vacant periods
- Storm damage monitoring and response
- Wildlife intrusion prevention
- Emergency response protocols
- Compliance issues with local regulations
Temperature Control System
- Smart thermostat programming for optimal energy efficiency
- Pipe freeze prevention with temperature monitoring systems and remote alerts
- Backup heating and emergency protocols
- Management of temperature variations between floors
- Regular maintenance of radiant floor heating systems
- Advanced humidity monitoring systems
- Wine cellar temperature and humidity control
- Proper ventilation maintenance in unused periods
- Basement and crawl space moisture management
- Boot room and equipment storage area drainage systems
- Dehumidification system maintenance
- Backup power system maintenance
Winter-Specific Challenges
- Proactive snow and ice management to prevent structural damage
- Ski and snowboard storage room maintenance
- Boot warming system upkeep
- Proper ventilation for wet gear
- Equipment cleaning area maintenance
- Secure storage system organization
- Protection of flooring from snow and salt damage
- Proper ventilation for fireplaces and wood storage
- Professional snow removal services for driveways, walkways, and roofs
- Ice dam prevention through proper insulation and ventilation
- Heated driveway and walkway system maintenance
- Strategic snow storage planning to prevent spring flooding
- Regular roof inspection and snow load monitoring
- Garage door and entry system winterization
- Water system freeze protection
- Maintenance of snow removal equipment
Fall Management
- Comprehensive weatherization protocols
- Gutter and drainage system cleaning
- Winterization of outdoor features
- HVAC system transition and maintenance
- Weather stripping and window seal inspection
Spring /Summer Management
- Professional landscape maintenance and planting
- Snow melt and roof damage assessment/repairs
- Drainage system clearing and repair
- Exterior paint and finish inspection
- Summer sprinkler system activation
Other Professional Management tasks:
- Protection of fine furnishings from dry winter air
- Regular cleaning of winter debris
- Regular inspection of roof and exterior surfaces
- Testing of emergency power systems
- Inspection of structural integrity
- Update of weather protection systems
- Specialized storage and equipment care
- Custom lighting system programming and maintenance
- Regular energy audit implementation
- Smart home system integration updates and optimization
- Insulation assessment and upgrade planning
- Window and door efficiency monitoring
- Alternative energy system maintenance
- Hot tub and spa maintenance protocols
- Outdoor heating system management
- Indoor air quality monitoring and improvement
- Entertainment system maintenance
Emergency Response planning and weather protocols
- Power outage response protocols
- Emergency equipment access plans
- Backup system activation procedures
- Communication systems testing
- Emergency supply management
Financial Considerations
- Budget planning and expense tracking
- Insurance coverage review and updates
- Utility optimization and monitoring
- Budget for capital improvements
- Documentation of all maintenance and improvements
Property Manager and Owner Considerations - Communication
- Seamless coordination of services
- Immediate response to maintenance needs
- Emergency contact list maintenance
- Weekly property status reports
- Maintenance schedule communications
- Weather event notifications
- System performance updates
- Maintenance log maintenance
- Photo documentation of issues
- Expense tracking and reporting
- Vendor performance records
- System upgrade recommendations
Luxury Property Management Cost Factors:
- Property size, exceptional amenities and complexity of the luxury home
- Level of service desired
- Number of mechanical systems
- Frequency of owner visits
- Age and condition of property
- Location within Vail
______________________________________________________________________
For a list of Vail Valley Professional Property Managers, contact:
Teri Lester or Joanna Kerwin - Vail Valley Team at Engel & Volkers
970-376-0779 | 970-471-1852. [email protected]
