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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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.

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

 

 

Steamboat yet again makes a top 5 list. This time, best place to own a vacation home

Sunday, April 21, 2019

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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.

Steamboat Fox Willow TownhomesFox 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.  

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Inventory for homes downtown Steamboat is up over last summer

Wednesday, February 6, 2019

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Downtown Steamboat Springs by Michelle IdeusSingle family home listings in downtown Steamboat are up over summer 2018. Is our market cooling off or maybe just a sign of Seller’s over reaching?

Summer 2018 we were down to under 10 single family listings in downtown Steamboat Springs.  There are currently 24 homes listed in the downtown area

The result of more inventory is welcomed news to buyers that were seeing very few choices last year and not so good news for Sellers who priced over what the market could tolerate.

With new inventory in Sunlight and other new developments coming on the market west of Steamboat and the mountain area, combined with the Denver market showing signs of slower sales, the opportunities to find a home in Steamboat Springs Colorado under $1 million are increasing. 

 

 

 

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Enjoy Christmas at the Porches in Steamboat Springs

Sunday, November 15, 2015

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See more details about Trailhead at Wildhorse

The Porches Steamboat SpringsKeep life simple and let someone else care for your luxury home in Steamboat Springs. Just show up and ski, the conceirge staff helps take care of the rest. 

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. 

Steamboat skiing

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!

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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 course 4th teeGolf 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.

Redwoods golf course property Steamboat Springs CO

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. 

970-846-8284

DeanLaird@gmail.com

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