Steamboat Springs real estate price cut at Wildhorse First Tracks
Thursday, October 20, 2011
See more details about WildhorseJust released in the [tag]Steamboat Springs real estate[/tag] market, prices are significantly reduced to close-out Phase I at [tag]First Tracks[/tag] at [tag]Wildhorse[/tag]. After 35 successful sales in the past two years, only 12 residences remain. Now’s the perfect time to purchase at First Tracks with great financing options and some of the best residences still available. Studios now from to $99,000 1 bedrooms reduced to $169,000 (*only one remains) 2 bedrooms now from $229,000 ($70k reduction) Contact me for more information today
See more details about WildhorseCondo buying season in Steamboat Springs is here! Ski-in convenience with walk-to-ski value; rent your real estate to defray costs
Friday, October 14, 2011
See more details about LodgeSee more details about PhoenixSee more details about WestSee more details about Trappeurs CrossingI often am asked which condos rent the best in the [tag]Steamboat Springs real estate[/tag] market. This is usually answered simply and overwhelmingly with [tag]ski-in ski-out[/tag]. However, rental income for a [tag]ski-in[/tag] [tag]condo[/tag] will vary depending on the condition of the residence. A newer or recently renovated condo within walking distance to Steamboat skiing will cost much less and see higher rental revenues than a fixer-upper ski-in condo. I’ve had a couple of owners of [tag]slope-side[/tag] condos recently state they barely covered their home owner association (HOA) and resort management fees last two seasons. This is due in part to the slow economy and increased inventory from a building boom in 2007, but is also due to the price point and the condo rating. Price conscious travelers in many instances are opting for a [tag]Trappeurs[/tag] condo, such as [tag]Emerald[/tag] or [tag]Bear Lodge[/tag], because they can get higher quality and another bedroom for the same price. Bear Lodge is about 2 blocks East of [tag]Gondola Square[/tag]. At times, a 3 bedroom will rival the rental price of a 2 bed ski-in. Patio units with private hot tubs are popular as well. The quality finishes and convenient amenities like pools, hot tubs and fitness rooms add value. Many travelers will choose to walk a block to skiing for a 4 star or A-rated experience. A trend we are seeing near the slopes is older buildings taking on a new look. The [tag]West[/tag] and The [tag]Phoenix[/tag], both within walking distance to the slopes, have beautiful new exteriors. The assessments were steep, but the payoff of the HOA special assessment (if not paid by seller already) can always be negotiated in a contract to purchase. For example, many condominiums at the West could use kitchen upgrades to boost rental demand; regardless, a studio condo netted an income after HOA fees, management fees and taxes. Depending on your personal use, its typical to see rental incomes offset those carrying costs before your debt service. Prices are around 20 to 40% off our high sales in 2007. Several condominium developments within walking distance to Steamboat’s Gondola Square and ski slopes are worth investigating before the winter sales season because they may be new, newly renovated or show consistent rental revenue from good management and marketing. Under $500,000 look to are The West, Phoenix and [tag]The Lodge at Steamboat[/tag]. Over $500,000 but under $1,000,000, and for more bedrooms, look to Emerald or Bear Lodge at Trappeurs. If you don’t mind a short walk to the slopes and rental income is important to you, look past the slopes and you will certainly find more bang for your buck without sacrificing convenience. Contact me for more information today.
See more details about LodgeSee more details about PhoenixSee more details about WestSee more details about Trappeurs CrossingFree Furniture for Next Edgemont Sale!
Wednesday, October 5, 2011
See more details about EdgemontTHE NEXT 2 BEDROOM RESIDENCE AT [tag]EDGEMONT[/tag] TO GO UNDER CONTRACT, BEFORE NOVEMBER 15th, WILL COME FULLY FURNISHED! At your choice, the developer will either deliver the [tag]real estate[/tag] fully furnished or give a $50,000 allowance towards a furniture package at closing. Your [tag]ski-in[/tag] / [tag]ski-out[/tag] [tag]Steamboat Springs[/tag] residence will be prepared in time for the New Year so all you need to worry about is what your are going to do during your trip to Steamboat.
See more details about EdgemontAnother Olympian in downtown Steamboat Springs under contract
Thursday, September 15, 2011
See more details about Olympian
Unit #203 at the Olympian has recently gone under contract as buyers continue to find this location and project an excellent [tag]real estate[/tag] choice for [tag]downtown[/tag] [tag]Steamboat Springs[/tag] living. The project offers extremely low HOA dues (which include heat) and worry free living and is only 1 unit away from the halfway point in sales. This is a prime downtown location with [tag]restaurants[/tag], [tag]shopping[/tag], [tag]hiking[/tag], [tag]biking[/tag], [tag]fishing[/tag] and more only steps from your front door. Contact me for more information.
See more details about OlympianOne Steamboat Place enjoys record real estate closings
Monday, September 12, 2011
See more details about One Steamboat PlaceIn the last few weeks [tag]new pricing[/tag] and financing have resulted in [tag]closed sales[/tag] totaling $9 million. Another $8.9 million in sales are under contract and pending closing, and a large number more are in active negotiations! Located [tag]slopeside[/tag] at the [tag]gondola[/tag], [tag]One Steamboat Place[/tag]’s convenient setting enables Owners to step out of their slippers and into their ski boots for a fun-filled day on the mountain. 
. Uniquely residential yet rich with five-star services and amenities, there is a sensational [tag]spa[/tag]; [tag]wine cellar[/tag]; a fitness and wellness center; valets for cars, bikes and skis; and fabulous mountain view dining at the [tag]Truffle Pig[/tag]. Best of all, with ownership comes worldwide access to the incredible [tag]Timbers Resorts[/tag] portfolio of properties. Here is a snapshot of the offerings at One Steamboat Place:
- Summit Club Memberships, $70,000
- Three-Bedroom Interests, $220,000
- Four-Bedroom Interests, $330,000
- Whole Ownership, $1,395,000 to $3,495,000
Contact me for more information on these exciting opportunities to own [tag]Steamboat real estate[/tag]
See more details about One Steamboat PlaceEnd of Summer Close-out Sale (Now studio’s & 1 bdrm’s almost sold-out)
Friday, August 19, 2011
See more details about WildhorseSummer is fleeting, and so are the opportunities at First Tracks. After 35 successful sales in the past two years, only 12 residences remain. Now’s the perfect time to purchase at First Tracks with great financing options and some of the best residences still available. Just Released: New Close-out pricing starting from: MLS# 132314 Studio - $119 (only 3 remain) MLS# 132312 1 Bedroom - $199K (ONE left!) MLS# 132315 2 Bedroom - $299K
See more details about WildhorseOne Steamboat Place restructures debt
Tuesday, July 26, 2011
See more details about One Steamboat PlaceThe Steamboat Pilot reports that the cloud of a [tag]foreclosure[/tag] filing by a consortium of seven lending banks has been removed and that [tag]Timbers Resorts[/tag] can begin closing some pending contracts and pursuing new sales at reduced prices. This bodes well for [tag]steamboat real estate[/tag] property. Timbers Resorts CEO David Burden said
We and our investor group have made significant multimillion-dollar capital contributions to continue our forward momentum, as well as arranged financing for prospective owners at [tag]One Steamboat Place[/tag]. With this loan restructure completed, the banks are now fully behind One Steamboat Place. The terms of the modified loan, along with additional capital invested from our partners, have provided a very solid footing for the continued sellout of the remaining units in the project. The original motion for foreclosure that had been made by the banks was not the result of poor performance at One Steamboat Place.
One Steamboat Place broke ground in late summer 2007 and continued construction through a record snow winter. It posted $15.25 million in sales during its first round of closings in November 2009. The project includes 80 large condominiums with 38 whole-ownership vacation homes among them.
See more details about One Steamboat PlaceCatamount memberships on sale
Wednesday, July 13, 2011
There are currently great membership deals at [tag]Catamount[/tag] and current dues are about 50% of last years dues! The membership deposit for a full Premier Membership ([tag]golf[/tag] & [tag]lake[/tag] privileges) is $42,500. Lake membership deposits are $15,000. Dues for both memberships will be prorated to the date you join. Annual dues for the Premier membership are $8,260 and are $4,130 for Lake Membership. This is a significant savings over previous years pricing! About half.
