Edgemont luxury ski in, ski out condos in Steamboat see a price drop

Wednesday, February 2, 2022

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Its rare to see a price drop in this bustling market, especially at Edgemont, luxury ski in, ski out condos in Steamboat.

Edgemont Steamboat condominiums

Most condos in Steamboat Springs are selling in a matter of days from listing, especially those priced under $1 Million. As of today’s post Feb 2nd, 2022, there are only four condos priced under a million, 40 sales pending (under contract), and 77 closings. Here are the condo sales in the past 30 days.

Here is another real estate search tool to see listings and sales history at Edgemont.

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Colorado Group Realty Charitable Foundation, needed more than ever!

Saturday, January 29, 2022

Colorado Group Realty Charitable Foundation is doing well, but we still need your help. We have donated nearly $500,000 to local nonprofits, (Steamboat Pilot and Today) but what I’m most proud of is how quickly our brokers, clients and friends rallied to help raise about $10,000 for the victims of the Marshall fire in Boulder County this past December. And thanks to ReColorado.com for matching the funds. 

Colorado Charitable Foundation Marshall Fire DonationsWe hope to never see anything like this again, so please - Protect your Colorado home by downloading this Wildland Fire Action Guide (A checklist to help you prepare and gain awareness in the threat of a wildland fire.)

My long-time friend and real estate partner Eliese had moved to Superior and had this to say below. I thought it would be good to post for all to see so we don’t forget, these families are still in need.

“We witnessed the fires as they ravaged this area on Dec 30th.  On that day, the grassy open spaces were bone dry (we only received about an inch of rain between July and the end of December when the fire started) giving the fire a path to homes located next to the open areas.  Combined with winds so strong people had to brace themselves to stand upright, homes didn’t have a chance once the embers started blowing.  The burned areas are mostly in clusters where 10 or 20 adjacent homes burned to the ground next to neighboring homes that are still standing.   Old Town Superior had over 300 homes destroyed.

The next day, Boulder County got eight inches of snow and temperatures dropped to single digits.  Xcel shut off the gas in every home in both towns then had to go house-to-house re-lighting the pilot lights.  Even though workers came from all over the country, it took days to get heat.  FEMA brought in semi trucks full of space heaters that people could pick up at the shelters.  Water was also shut off so pipes didn’t freeze and some people didn’t have electricity for days. 

The National Guard tanks rolled in to block off areas and we had to show ID with a Superior or Louisville address to get through checkpoints.

What people don’t realize is that even though 1000 people lost their homes, so many others are affected in different ways.    Many people with intact homes still have smoke damage and toxic ash in their homes.  They are also displaced until remediation crews can come in, and those companies are booked out for weeks.  Families with children may not have housing in their school district and are having to transport the kids long distances to school.  Pets are still missing or worse.  Everywhere smells like smoke.

My heart just aches for EVERY family affected, not just the ones that lost homes.  I feel especially bad for the kids who lost over a year of normalcy with Covid, now their lives are interrupted again in an even more terrible way.  I can’t even begin to imagine the toll it will take on them. 

Mike and I downsized when we left Steamboat and had everything important in our cars within 20 minutes.  Our area had a mandatory evacuation for 2 days, then water and gas took another 2 days, and the boil water requirement was lifted a day or two ago.   We had no kids at home or pets and we weren’t out of town for the holidays like many families who weren’t able to grab anything.   The winds died down as the fire got to our complex and firefighters were ready.  I mention this because even though we are just fine and everything is back to normal, it’s still been tough living with all the devastation in the area.

The Superior Community Center became one of many locations for people to pick up water, heaters, and home-cooked food.  Restaurants were closed and there weren’t enough food trucks to meet the demand, so community volunteers rallied together to help.   I’ve made over 125 meals so far because there is a shortage of places people could go to get ready made food.  If you are a family living temporarily in a hotel, having a place to go to get something to eat took one task off your list of making it through the day.

Yesterday I saw two fit young guys standing next to the disaster center with a homemade sign that said, “Two guys and a truck.  How can we help?”  and a Facebook post from a homeowner who lost their home saying, “We don’t need the money raised in our Go Fund Me site.  Who can we give it to that is  uninsured/underinsured/needing help?”

Seeing the outpouring of support and financial donations is a wonderful thing. The Boulder County Wildfire Fund as of three days ago has collected over $17 million from 52,000 people around the world.  Each family that lost a home has a Go Fund Me site, and the area has been declared a federal emergency area freeing up additional funds.  Many people will benefit from the donations all of you at Colorado Group Realty are making. 

We live in a world full of kind, generous, compassionate people!  So please keep all the families affected by the Marshall Fire in your thoughts as this area rebuilds, and have a wonderful, healthy, successful, happy 2022!”

Another good friend’s brother lost his home and his cat. 

 

If you can help out Morgan directly, here is his GoFund me site.

Colorado Group Realty Charitable Foundation website, to support our foundation.

Thank you.

Dean Laird, Broker/Owner

Colorado Group Realty, LLC

 

 

Home for sale near Stagecoach price reduced, multiple offers continue in Steamboat Springs

Friday, August 20, 2021

Steamboat Springs real estate is still bustling with 2 condos I recently listed in the past month fielding 7 or more offers.

Travel 25 miles south of Steamboat Springs and good deals on homes are yet to be found. This newer home 6.4 miles from Stagecoach Reservoir State Park and 23 miles from Steamboat Ski Area price was just reduced by $100,000. Now priced at $800,000 is below what it would cost to buy land and build today considering the high price of materials and labor.

Downtown Riverview property in Steamboat Springs starting to see some activity

Thursday, June 3, 2021

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Downtown Steamboat Springs Riverfront PropertyRiverfront lots in Steamboat Springs are a rare find, but this new development at Downtown-Riverview recently re-zoned for Single Family residences offers a great opportunity to build a new Steamboat riverfront home.

Riverview also has multi-family and downtown commercial development properties for sale.

Riverview lots for sale June 2021 update

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Large recreational acreage and horse property in Steamboat Springs Colorado scarce

Sunday, May 16, 2021

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It wasn’t so long ago when there were many properties available to buy with over 100 acres near Steamboat Springs, Colorado. Today there are 6 ranch listings, and 5 out of 6 are priced over $10M. 

Steamboat Springs Colorado horse and ranch real estate

Real estate ready for horses is even slimmer pickings, no matter the acreage. A stunning property located 13 miles north of Steamboat on the way to Steamboat Lake and other awesome recreational paradises in northwestern Colorado, features brand new horse facilities. This beautiful 5 bedroom, 5-1/2 bath home has an attached single car and detached 3 car garage plus 1 bedroom caretaker home.

North Routt county is popular for all types of recreation including hunting, fishing, back country skiing, snowmobiling, and many spectacular hikes and secret waterfalls that locals prefer to keep secret. 

Steamboat Springs Waterfalls

If a multiple million dollar ranch isn’t in your budget, there are many opportunities for affordable land and homes. Some land prices are well below prices paid over 13 years ago and home prices well below today’s building costs. Contact me for more details.

Dean Laird | Broker/Owner | Colorado Group Realty | 970-846-8284;

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Steamboat Springs Sees Another Record Month in Real Estate Activity in part due to COVID-19

Tuesday, November 24, 2020

Where are all these Steamboat home buyers coming from?

Recent showings of my equestrian - recreational property on the road to Steamboat Lake were younger families from southern states. They tend to have middle school - high school aged kids and are looking for a place to play outdoors with access to public lands, privacy from neighbors, and the possibility of moving here permanently. You can take a virtual tour of Phantom Springs Ranch here.

With Increased Demand Comes Increased Home Values

In 26 years of real estate I didn’t do many sales in excess of $1M. In the past 60 days from this post date, there have been a total of 32 pending and closed sales for single homes over $2M. The average price of a home in Steamboat Springs is now $1.4M up 18% since this time last year, here are the home sales in the past 30 days. Low inventory, cost of land, high construction cost and high demand since COVID-19 continues to drive up prices.

During October, residential properties in Steamboat Springs went under contract in 15 days on average.

Lets Break another Record

My actual wish is to see a record year of snow, this last couple months of home sales is concerning because its not always a good thing to grow too fast, but always a good thing to see abundant powder. See Steamboat’s snow alarm.

Dean Laird, Broker/Owner, Colorado Group Realty, LLC, Steamboat Springs Colorado

 

 

Setting a benchmark at crisis time, Steamboat Springs Real Estate

Sunday, March 22, 2020

Having been in this business close to 30 years now, I know what to expect at times of crisis. We still have pent up demand for real estate in Steamboat Springs and low supply, but not much is moving which could mean our market is about to change.

To monitor change, set a benchmark and watch the market. (I had to redact my original thought here, I’m first to admit I mis-guessed the effect of COVID-19 and the result it has had on the Steamboat Real Estate Market. See what I have sold lately.

You can sign up to receive market reports directly from our MLS by contacting me. 

Steamboat real estate market Mar22-2020

 

 

West condo sale a deal if a Arms Length Transaction

Monday, February 10, 2020

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The West Condos in Steamboat SpringsWest Condos with 3 or more bedrooms for sale are rare. The last one posted to the MLS that closed was in April 2008 for $495,000. But not all deals are necessarily found online. Our local newspaper notes a 3 bed sale at The West condos for $385,000. I’m not sure if this was a Arm’s Length Transaction, but if so, the Buyer got a heck of deal. Value depending on quality finishes may be around $500k.

 

 

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