Sunday, April 21, 2019
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.
Friday, December 2, 2016
All 5 condos at Homestead at Wildhorse are either sold or pending contracts before December 1st. Homestead at Wildhorse Meadows are mountain contemporary designed condos that live more like a townhome or single family home. Contemporary finishes, oversized windows highlighting views of the Yampa valley and use of amenities at Trailhead Lodge was just a few of the features that were unique to the Wildhorse Meadows development. Townhomes are 3 & 4 bedrooms w/ 3+ baths from 1751 SF to 3130 SF and 1 or 2 car garages depending on unit. HOA dues in 2016 run from $7500 to $12,000 per year. More photos and current updates can be found at SkiCondos4Sale.com
Wednesday, May 4, 2016
Steamboat ski area views, unit size, and location in the Olympian building are some factors that effect pricing. A 3rd Floor 3 bed, 2 bath Olympian condo with private patio space and great light recently closed 4/29/2016 for $836,000 or $545/SF. Prices are up 26% over sales in 2013. The Olympian is located downtown on 5th st. across from the Yampa River bike/pedestrian (Core Trail). Walk to dinner and nightlife, Howelson Hill skiing and Emerald trails and all that historic downtown Steamboat has to offer. Olympian condos include parking space in the lower level garage plus storage space. All buyers are subject to a 0.5% transfer fee to the SSWSC upon transfer of title.
Sunday, November 15, 2015
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!
Monday, August 10, 2015
Whistler Village Townhomes has 2 active listings fitting this search - prices from $218,000.
It was an active market this year for Whistler Village with 13 sales ranging from $169,900 to $264,000 for a 968 Sq. Ft. 2 bedroom condo.
Finishes have varied greatly as did the prices and as the inventory shrank to 1 this summer, list prices were driven up a whopping 65%. A sudden burst of inventory drove prices back down to the low $200s mid summer and now in August 2015, the inventory is once again limited under $230,000. A recent new listing at Whistler Village townhomes for $219,000 has gone under contract in under 2 weeks.
Nicer finishes typically reflect a higher price, Cedar Ct. #9 (pictured) is one of the best deals now on the market fitting the search desribed above, priced at $229,000.
Tuesday, April 14, 2015
Lake Catamount located 9 miles south of the Steamboat Ski resort - 15 minutes driving, has seen a lot of activity in the past year. Today, the last home offered for sale is under contract.
Since 2007, there have been 12 single family homes sell in this lakefront neighborhood. The homes ranged from 2300 Sq.Ft. up to 8000 Sq.Ft., all beautifully constructed with the majority capturing spectacular views of the Lake.
In the past year, there have been 6 sales. One single family home and all 5 of the townhomes offered for sale have sold.
32625 Hudspeth Lane on 35 acres offered privacy and views of Lake Catamount. The 4 bedroom, 3-1/2 bath home with a 3 car garage featured a wide open living room with vaulted ceilings, large windows, and a cozy three-sided fireplace. Asking price was $2,450,000.
Edgemont resale prices on the rise but still a bargain in comparison to the height of Steamboat’s real estate market
Monday, January 26, 2015
Edgemont developers Bear Paw LLC had 3 residences for sale early in 2014 and all closed as of May 2014. January of 2015, there are 3 active resales with prices from $699,000 for a 1 bedroom to $3,600,000 for one of the best ski in / out condos Edgmont has to offer - a 5 bed, 4.5 bath with decks on three sides. The condo residence #2201 was purchased from the original developers in December of 2010 for $3,224,000. The views overlooking the ski area combined with south valley views over the swimming pool and private slopeside access is why this condo was priced at a premium in 2008 for $4,956,000.
If you are doing the math, the price for a 5 bedroom Edgemont condo with ski in access is up by 10% from late 2010, but the current list price is still down 27% from their pricing at the height of our market in late 2007 - early 2008.
Ski in isn’t the only selling point at Edgemont, summers in Steamboat are even better when hanging out in their pool. My wife shot the photo to the left during our visit in summer 2013 with family. I think there was one other person in the pool our entire 2 day stay.
Don’t miss what’s currently on the market at Edgemont.
Tuesday, January 20, 2015
When you shop for a condo near the ski slopes in Steamboat Springs with 2 or more bedrooms that has a garage and lower HOA dues (under $4300 per year), your choices are slim - especially priced under $340,000. Sunray Meadows #709 just 2 blocks to the east of Steamboat Ski Resort, may just be your only choice right now in that price point.
The last sale was at $300,000 for a much lower quality finished condo lacking views. Meanwhile, the owners of #709 recently invested over $40,000 in quality upgrades and are asking $339,000.
In 2014 there were 12 sales at Sunray Meadows with high sale of $315,000. Here is a list of the active listings at Sunray Meadows condominiums.