Theodore Farwell, MAI-MBA
Founder
Ted Farwell grew up in Western Massachusetts. He was on skis at two. Ted was a competitive ski racer during the period 1948 – 1960. Ted skied for Syracuse University in 1949-50 and Denver University 1957-59. He was the NCAA Nordic Champion and was named to the Collegiate All American Ski Team in 1959.
Ted skied on three US Winter Olympic Teams (1952, 1956 & 1960), placing 11th in the Nordic Combined at the VI Olympic Winter Games in Oslo, Norway. Ted served in the USAF as a Drill and Physical Training Instructor, Aviation Cadet & Helicopter Pilot during the period 1951-1957. He was assigned to Goose Bay, Labrador and flew missions above the Arctic Circle during the building of the DEW line in 1955. After active duty and college in the west,
Ted joined the New Hampshire Army National Guard as a dual rated pilot until moving to Colorado in 1968. The Farwell family grew up in Colorado, in Evergreen, Steamboat Springs and Boulder. Ted & Sigrid retired in 1997 and moved to Coeur d’Alene, Idaho. Retirement lasted 3 years and Ted was called back to assist an old client by valuing six Canadian ski resorts. Winterstar Valuations, Inc. is the creation and culmination of Ted Farwell’s Ski Resort consulting, planning and appraisal career. He taught his skillset to his protege Christopher T. Hansen, MAI and left him his business to him after his passing in 2015.
Christopher T. Hansen, MAI
Principle
Christopher Hansen was born in Salt Lake City in the midst of nine world class ski resorts. Surrounded by the beauty of the Wasatch front it didn't take long for him to find his way into the slopes of the mountain.
His love for skiing found a natural application when he became a Full-time appraiser in 1995.
Chris' area of practice centers on commercial, land development, and recreational property valuations primarily in Summit and Wasatch Counties (Park City) with extensive experience in the recreational resort market appraising ski resorts, golf course, hotel, and resort condominium developments, as well as Historic Main Street commercial and retail properties in Park City. He handles speculative land assignments with extensive experience in the rural Wasatch Back market under strong recreational development trends.
Chris currently serves on the Statistics Committee of the Park City Board of Realtors overseeing and interpreting statistical information for the Park City real estate community. He also serves as Hearing Officer, appointed by the Summit County Council, for tax appeal petitions for the Summit County Board of Equalization (BOE). Through his training and tutelage under Ted Farwell, Chris became an expert in Resort Valuation and now continues Ted's legacy by providing the world-class services of Winterstar Valuations.
ABOUT
Ted Farwell MAI-MBA prepared over 142 ski resort appraisals of some 94 separate resorts in both the USA and Canada. These valuation assignments have varied from one of the largest most successful North American resorts to several bankrupt operations that had only salvage value left.
Through numerous assignments across the span of many years, he passed his knowledge and skill set to his protégé and apprentice, Christopher T. Hansen, MAI, eventually leaving him his business and legacy after his passing in 2015. Christopher has been working as a full-time appraiser for 25 years and continues the tradition of specializing in Ski Resort Valuations. Assignments span the country and include resorts such as Deer Valley, Schweitzer, Arizona Snowbowl, Sundance, Tamarack, 49 Degrees North, Cammelback, Wintergreen, Park City Mountain Resort, Canyons, Mt. Bohemia, Mammoth Mountain, June Mountain, Brian Head, Cascade and others.
He passed his knowledge and skill set to his protégé and apprentice, Christopher T. Hansen, MAI and left him his business after his passing in 2015. Christopher has been working as a full time appraiser for 25 years and specializes in Ski Resort Valuations. Assignments span the country including resorts such as Deer Valley, Schweitzer, Arizona Snowbowl, Sundance, Tamarack, 49 Degrees North, Cammelback, Wintergreen, Park City Mountain Resort, Canyons, Mt. Bohemia, Mammoth Mountain, June Mountain, Brian Head, Cascade and others.
With a combined 65 years of experience in Resort Valuation. Winterstar Valuations is a leading valuation firm in the ski industry. We offer planning, consulting, and trouble-shooting services to mountain resorts, their bankers and government agencies with ski resort oversight responsibilities. We have worked for ski resort owners, commercial banks, governments, and both the FDIC and the Resolution Trust Corp.
