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
Sunday, April 21, 2019See more details about Whistler Village
Steamboat’s popularity continues - Ikon Pass got us going even stronger this year with skier visits and now another recent article and Bloomberg study shows Steamboat Springs ranked 5th on the list of best places to own a vacation home.
One problem with a vacation “home” comes vacation “maintenance”. This is why you may consider the low maintenance option of a townhome with a well managed home owner association (HOA) such as the townhomes at Fox Willow.
Fox Willow townhomes are a smaller complex of only 8 residences, so there isn’t the excitement during popular vacation times as most other condos and townhomes in the mountain area of Steamboat. The development also has 1.4 acres of common area designated as green space.
As popularity of Steamboat Springs continues, so does the idea of owning a vacation home here. Don’t wait until inventory is less as we often see in summer. Less inventory pushes higher prices.
My new listing at Fox Willow available as of 4-19-19 is worth a look as the inventory under $725,000 for a 3 bedroom home with a 2 car garage is limited.See more details about Whistler Village
Sunday, November 15, 2015See more details about Wildhorse
See more details about Trailhead at Wildhorse
If your vacation times are a bit flexible, a fractional ownership just may be your ticket to fun in owning a ski home in Steamboat Springs, Colorado.
The Porches in Steamboat is a private home ownership club for 6 weeks of vacation use every year. This year (2015-2016 ski season), the featured listing for $249,000 includes Christmas and you can reserve additional weeks when space is available. If you can’t make it out one year, then rent out for a maximum of 4 weeks out of the year which helps pay the HOA fees! Families love this concept for the convenience, great floor plan and ease of getting to the slopes and other activites in Steamboat.
Skiers with a flexible shedule to chase the powder can’t find a better deal for the use of a luxury home in Steamboat. Trading weeks to fit your schedule is commonplace and easy bookings of the shuttle service or dinner reservations makes it easy to get on with what you’re after - great skiing!See more details about Wildhorse
See more details about Trailhead at Wildhorse
Townhomes and Condos on the golf course still a bargain compared to ski in real estate in Steamboat Springs
Monday, August 31, 2015
Golf season rounds the corner to Ski Season and temps are dropping to the low 40s in the morning. We may be feeling a cool off with the weather, but the market is hot as ever.
This is especially true for homes and townhomes priced under $700,000. Since June 1, 2015, 147 Condos or Townhomes in the mountain area have either sold and closed or are pending sales. Same search for active listings yields only 83 properties as of today’s date.
When you narrow your search to 3+ bedrooms for under $700,000, there are only 25 Steamboat condos or townhomes listed for sale in the mountain area. Factor in HOA fees and try and find dues less than $3000/year and now you have 5 choices.
Location, location, you won’t find anything close to the ski slopes for under $700,000 with 3 or more bedrooms and low HOA dues, but you can live on the 4th tee of Rolling Stone Ranch and Golf course.
Currently, the following listing is the lowest priced townhome or condo on the golf course. This property is next to homes from the low millions to homes from $2 million and up. The complex has only 5 units and its the lowest priced on the golf course.
The Redwoods, MLS 141376 pictured left is priced at $550,000. There are no other choices in that price range on the course.
Contact Dean Laird, Colorado Group Realty for more information on the Redwoods in Steamboat Springs Colorado.
Sunday, June 21, 2015
Antler chandeliers and elk art prints increasingly have some competition with metal lamp shades and abstract photography. The desire for the Colorado standard of rustic log and stone is falling to the simple color schemes and clean lines of a contemporary home design. If you are looking for that Colorado nostalgia and you favor the subtle feel of a modern home, mountain meets contemporary for a “Mountain Modern” home at 3407 Apres Ski Way in Steamboat Springs, Colorado.
Post and Beam construction with handscribed pine for that slightly rustic log look. Rock accents, rusted metal roofs and beautiful contemporary interior finishes fill the desire for a mountain modern home. When you enter the front door, you’ll most likely mumble “Wow!”. The great room spans 30ft with very tall exposed beam ceilings. The kitchen has 2 dishwashers and a 6 burner gas range - again “Wow!”.
Recent sales and modern designs in new speculation homes being built today, are further proof this change has taken hold. Not to soon for my wife and modern artist Michelle Ideus (painting pictured above) who was fortunate to kickoff this trend when One Steamboat Place purchased her paintings and prints to be displayed in most every condominium unit. One Steamboat Place is now very close to selling out.
Saturday, August 10, 2013
Steamboat Springs is a family friendly town resulting in a demand for rentals with 5 or more bedrooms according to Michael at Steamboatescapes.com .
If you have a large family, lots of friends, or travel in groups, then you have probably run up against the challenge to find a place with quality finishes and great location offering a shuttle to the slopes that won’t break the bank.
The fee charged for rentals can be a sticker shock because the cost to puchase one of these homes exceeds $1,000,000 for the most part. As of the date of this real estate blog, there are only 7 homes / townhomes in the mountain area near the ski slopes of Steamboat Ski Resort with 5 or more bedrooms priced under $1,000,000. Most of the 7 need some work with the exception of a spectacular property located above the Rolling Stone Golf Course and appropriately named Eagles Overlook - priced now at $669,000 to sell fast.
Eagles Overllook HOA pays the gas bill for snow melt, shovels your deck, maintains the elevators and saves for capital improvements.
Come to ski or golf and don’t worry about working on your home while here. If you want to offset the cost of owning your home, potential for rentals income is very attractive at Eagles Overlook and cash flow is much better than many of the luxury townhomes closer to the slopes.
For more info on Eagles Overlook or other homes near Steamboat Skiing and Golf, call Dean at 970-846-8284
Dean Laird - Broker/Owner
Colorado Group Realty
Sunday, February 19, 2012See more details about Howelsen Place
See more details about Fox Willow
See more details about Edgemont
Buyers looking for high-end, luxury condominiums in Steamboat Springs are in a great position to find some deals. A recent surge of price reductions and developer incentives has increased interest in some of the best properties on the market. Demand is still lagging supply, however there have been 16 sales over $800,000 for condos and townhomes in the downtown and mountain areas since November 2011, and our busiest selling season is just beginning.
The relative abundance of luxury real estate has sellers competing for buyers to keep this recent condo buying trend in motion. For example, the developers of the ski-in/ski-out luxury condos at Edgemont are offering to pay three years of HOA dues on the next sale of any of the 13 remaining condos. They are also offering two years of paid HOA dues estimated at $22,000 annually for the next phase of to-be-built four and five bedroom townhomes. And while the townhomes are being built, they will provide use of Edgemont Ridge condos for up to two weeks in both the winter and summer seasons!
Two other properties, Cimmaron Townhomes across the street from the Steamboat Ski Area, and Norwegian Log, an older ski-in/ski-out are also offering a price reduction.
Bear Lodge at Trappeur’s Crossing is offering 25% off the next sale of their remaining new 3 or 4 bedroom luxury condominiums located one block from the base of the Steamboat Ski Resort. The offer also includes paid HOA dues for 3 years.
Recently discounted pricing makes these high-end condos an attractive deal for anyone looking for resort properties. Listing prices are less than $500 per square foot.
Newly constructed Trailhead Lodge at Wildhorse Meadows slashed prices of its fully-furnished condos up to 50% off the original listings with prices now in the mid-$400 per square foot range.
Deals don’t stop at the ski area. In downtown Steamboat Springs condos in the newly constructed Howelsen Place and Alpenglow Lofts have incentives also. Up to 25% off at Howelsen Place and 35% at Alpenglow on the next two sales at each property.
Technorati Tags: luxury condominiums, Steamboat Springs, luxury real estate, ski-in/ski-out luxury condos, Edgemont, Edgemont Ridge condos, Cimmaron Townhomes, Steamboat Ski Area, Norwegian Log, ski-in/ski-out, Bear Lodge at Trappeur’s Crossing, luxury condominiums, Steamboat Ski Resort, high-end condos, resort properties, Trailhead Lodge at Wildhorse Meadows, furnished condos, ski area, downtown Steamboat Springs condos, Howelsen Place, Alpenglow Lofts, Howelsen Place, Alpenglow, propertySee more details about Howelsen Place
See more details about Fox Willow
See more details about Edgemont
Tuesday, June 7, 2011
The Steamboat Pilot reports that Storm Mountain Ranch developer Jeff Temple and his wife, Kim, have sold their home on Water Song Lane on a prime 70-acre tract fronting the largest pond in the development for $5.3 million.
“We really feel fortunate,” Temple said. “I got a fair price. And the sale, with the price per square foot, shows the value of a shared ranch community. It’s a big accomplishment.”
The 4,855-square-foot home sold for the equivalent of $1,091 per square foot, albeit on twin 35-acre lots at Storm Mountain.
The buyer’s broker said her client acted when the price was reduced a second time to $5.7 million, and the deal was put together within a week.
The home is all on one level with a family-style floor plan, and the home is easy to maintain, the broker said. It has a high level of finishes but succeeds in looking unpretentious.
“It’s a house you can make a home,” she said.