Ski Country Lodge, a new Steamboat Springs condominium development proposed near the slopes of Steamboat Ski Resort
Monday, September 10, 2012
See more details about LodgeNew construction near the slopes of [tag]Steamboat Ski Resort[/tag] approaches a final development plan. [tag]Ski Country Lodge[/tag], a proposed 120 feet tall, eight story building is raising some opposition. The new building located at the intersection of Burgess Creek Road and Storm Meadows drive adjacent to [tag]Kutuk condos[/tag] and down the hill from [tag]Bronze Tree Condos [/tag] is designed to feature 74 condominiums offering 2 to 4 bedrooms. The development plan proposes a total residential square footage of 138,362 and according to the Steamboat Pilot, cost estimates at $40,000,000 to demolish the existing building and rebuild. Add $11.5 million the developer paid for the land, cost to develop the project add up to about $374/SqFt. Recent sales of newer [tag]luxury condos [/tag] such as [tag]Edgemont [/tag] have been selling for $600-$700 per square foot and [tag]One Steamboat Place [/tag] from $673 to $948 per Square foot. It looks as though this project has potential for the developer as long as city council finds that the plan conforms with the community plan, mountain base area design standards and other criteria in the concepeptual development plan (CDC). 
See more details about LodgeReal estate sale -Steamboat auction of Trailhead at Wildhorse luxury condominiums
Wednesday, April 4, 2012
See more details about WildhorseSee more details about Trailhead at WildhorseSteamboat auction of Trailhead condos - fire sale pricing. A 3 bedroom residence originally advertised at $1,600,000 was just advertised at $425,000. Sounds too good to be true? It might very well be! $425,000 is the minimum bid price, but it’s not the reserve price ( “unpublished” price determined by the seller) Make sure you read the fine print. This is a good example of why you should be represented by a Real Estate Agent when deciding if this opportunity is for you. As stated in Trailhead Auction Brochure by Kennedy Wilson:
The list price is the opening bid for Auction Day: Sunday, May 6th. All residences including unit 4104, 3 bed, 3 bath, 1544 sq ft unit advertised at $425,000 “have an “unpublished” reserve price, which means that the seller has established an “unpublished” minimum selling price. The Starting Bid is not the reserve price. The highest bid is subject to acceptance by the seller. All offers are subject to Seller’s acceptance and will not be reviewed prior to auction date:5/6/2012 The builder reserves the right to modify features, plans, specifications, and materials without notice The square footage shown is approximate and is not based upon the dimensions shown in the condominium plan and does not reflect the usable square footage of the interior ares of a unit. It is the responsibility of all prospective buyers to inspect the residences prior to the auction and satisfy themselves as to their physical condition Purchasers will become members of the Trailhead Lodge Homeowners association and Wildhorse Meadows Master Association.
Auction preview is open daily from 11AM to 6PM Auction Day Sunday May 6th, 2012 1PM at Denver Marriott City Center. Bidders are advised to arrive no later than noon. Auction Seminar Sunday April 29 at 1PM
The HOA (Home owners association) costs include an outdoor heated pool, several hot tubs, athletic facilities and a gondola. How will these costs and other land transfers effect the monthly HOA cost and what is the history? Call Dean Laird to register for the auction 970-846-8284 or contact me.
See more details about WildhorseSee more details about Trailhead at WildhorseDiscounts and Incentives Offer Real Estate Deals for Buyers in Steamboat Springs, CO
Sunday, February 19, 2012
See more details about EdgemontSee more details about Howelsen PlaceSee more details about WildhorseSee more details about Trailhead at WildhorseSee more details about Trappeurs CrossingBuyers 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. The 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.
See more details about EdgemontSee more details about Howelsen PlaceSee more details about WildhorseSee more details about Trailhead at WildhorseSee more details about Trappeurs CrossingHighmark and Trappeurs Crossing Condos close out 2011 with 15 sales in the Steamboat Springs Real Esate Market
Friday, January 6, 2012
See more details about EdgemontSee more details about One Steamboat PlaceDeals at [tag]Highmark[/tag] [tag]Steamboat Springs[/tag] and [tag]Trappeur’s Crossing[/tag] Condominiums in the [tag]Steamboat Springs real estate[/tag] market were snatched up at nearly half the price/sq.ft. of other [tag]ski-in/ski-out[/tag] real estate developments such as [tag]One Steamboat Place[/tag] and [tag]Edgemont[/tag]. Quality finishes and walk to the ski slope access made these deals even more attractive with Highmark selling from $355 to $455/sq.ft. in 2011; the price range was dependent on location and views, and 5 of the 6 sales at Highmark were distressed. Trappeur’s Crossing condos price ranges, including [tag]Timberline[/tag], [tag]Champagne[/tag], [tag]Aspen[/tag], [tag]Emerald[/tag] and [tag]Bear Lodge[/tag], were from $320/sq.ft. for Timberline to the newer construction and higher quality finishes of Bear Lodge at $500/sq.ft. for a 5 bedroom. None of the Trappeur’s Crossings sales were [tag]distressed[/tag]. In contrast, One Steamboat place sales ranged from $629/sq.ft. to $926/sq.ft. for their premier property. These sale prices are 30-40% off their original release prices in 2007! Edgemont recently closed their 5 bedroom bunk house with the magnificant views for $780/sq.ft.; the top sale was $826/sq.ft. Many more exceptional deals can be had at other ski-in/ski-out and close-to-the-slopes properties in Steamboat Springs. A few to watch include [tag]Trailhead at Wildhorse[/tag] at about 50% off original list price, [tag]Eagleridge[/tag] selling well below 2007 pricing and we’re beginning to see some better deals at [tag]Chateau Chamonix[/tag].
See more details about EdgemontSee more details about One Steamboat PlaceRoutt County /Steamboat Springs Real Estate Market Update for Novemeber 2011
Thursday, December 22, 2011
November was a great month for the [tag]Steamboat Springs real estate[/tag] market, up quite a bit over last year’s November. (90%) Gross volume in November came in at $51,948,300, and had a total of 125 Transactions. This big shot in the arm leaves your YTD, Gross volume slightly off last YTD, but under -10%. Transaction wise, November was strong with 125 transactions, although general transaction numbers are still down.
There was strong [tag]residential[/tag] activity in November. 66 of the transactions were for Improved Residential properties (up from 47 last month). In an addition, all of the Residential trend-point totals are showing up green. The upper end residential market was very favorable in November, as you’ll see in the Price Point summary and by the highlighted sales below.
[tag]Bank sales[/tag] are also up this month with a total of 15.
Sales over $1.5M:
11/29/2011 $2,475,000 [tag]Robbins[/tag] Subdivision Lot 117 aka 0674 Steamboat Boulevard – 5 Bedroom 6 Bath YOC 2007 with 7,305 SF Living Area on .60 AC Land. PPSF is $338.81.
11/7/2011 $1,850,000 Eagle Glen #1 Replat Lot 1, [tag]Eagleridge[/tag] Lot 1, Block 4 aka 1451 Eagle Glen Drive – 4 Bedroom 5 Bath YOC 2004 with 4,741 SF Living Area on .31 AC Land. PPSF is $390.21
Trailhead Lodge releases winter 2011-2012 price list with huge reductions in the Steamboat Springs real estate market
Saturday, November 19, 2011
See more details about WildhorseSee more details about Trailhead at Wildhorse
[tag]Trailhead Lodge[/tag] releases winter 2011-2012 price list with huge reductions in the [tag]Steamboat Springs real estate[/tag] market. Some of these units have discounts greater than 50%! The snow is flying here at the [tag]Steamboat Ski Area[/tag] and opening is a few days away, so now is the time to snap up the current bargains. Contact me for more information.
See more details about WildhorseSee more details about Trailhead at WildhorseOctober Routt County Statistics for Steamboat Springs Real Estate
Thursday, November 10, 2011
October is a mixed bag for the [tag]Steamboat Springs real estate[/tag] market: down slightly from last month in volume, and down even more in transactions - however, all of the difference is in Interval closings, which were significantly lower than last month.
The residential market had a consistent and strong showing with close to the same numbers as last month, and a predominance of residential trend points that were trending higher. Also, you’ll find several upper end residential closings which are noted below.
[tag]Bank sales[/tag] were down tremendously, with only 6 in October as opposed to 18 in September..
Highest Priced Sale for October 2011:
10/27/2011 $3,375,000 [tag]Agate Creek[/tag] Preserve Subdivision Lot 1 aka 35375 Humble Road – 5 Bedroom 5.5 Bath YOC 2004 with 8,137 SF Living Area. 7.57 AC Land Area. Price per square foot (PPSF) $414.77.
Highest PPSF for October 2011:
10/6/2011 $2,030,000 One Steambaot Place Condo @ Après Ski Way Condo Unit R-418 aka 2250 Après Ski Way – 4 Bedroom 4 Bath with 2,420 SF Living Area. PPSF is $838.84. This is a new construction sale that is located in the Steamboat Mountain Area.
Other sales over $1.5M:
10/12/2011 $2,155,000 [tag]Werner Ranch[/tag] Subdivision #3 Lot 2 – aka 34225 State Highway 131 – 4 Bedroom 5 Bath YOC 2008 with 4,199 SF Living Area on 35.020 Acres of Land. PPSF is $513.22. This sale is located in the South Routt Area.
10/31/2011 $1,500,000 [tag]One Steamboat Place[/tag] Condo @ Après Ski Way Condo Unit R-103 aka 2250 Après Ski Way – 4 Bedroom 4 Bath YOC 2009 with 2,384 SF Living Area. PPSF is $629.19. This is a new construction sale that is located in the [tag]Steamboat Mountain[/tag] Area.
Contact me for more information.
