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Archive for March, 2008

Three Keys to Selling Steamboat Property in a Slower Market

Selling your Steamboat property? Here are three key points to get your Steamboat ski condo or second home sold in this slowing market:
Price it Right–If you’ve owned Steamboat real estate for over a year, your property has appreciated. Don’t try to squeeze the last penny out of the sale by pricing it […]

Price Per Square Foot–How Accurate a Measure Is It?

When buying Steamboat Springs real estate, many buyers look to price per square foot to gauge a property’s value. How accurate is $/sq. ft. when it comes to evaluating Steamboat real estate? Even within the same development, there are variables like lot size, remodeling, landscaping, and finishes that make price-per-square-foot an inadequate […]

5 Things to Know Before Buying in Stagecoach

You can build anywhere in Stagecoach, but there are a few things that need to be done before you get a building permit.
1. The roads must be up to grade before you can get a vault permit. Roads must be 16′ wide by 8″ deep and have culverts where applicable (specs are the […]

Routt County Average Sold Prices–Week of March 8

Average Steamboat Springs and Routt County home SOLD prices, week of March 8:

Steamboat Springs (Downtown, Fish Creek, Mountain, West of Steamboat)–6 homes/condos/townhomes, average $746,000
Steamboat Springs (Mountain Condos and Townhomes)–1 condo/townhome, $499,000
Stagecoach–2 homes, average $432,400
North Routt–2 homes, average $667,000
South Routt/Oak Creek–no homes sold

Edgemont Announces Pricing

Edgemont, the Steamboat Springs ski-in, ski-out development slated to break ground this summer, has announced pricing.
Most of the 42 units will be larger 3 and 4 (and one 5) bedroom units, and each will have a unique floorplan to appeal to different buyers. For example, one will be called “The Bunk Room” and be […]

Routt County Conforming Loans Increase to $675,000

Interested in financing a Steamboat Springs, Colorado ski condo or second home? Financing terms just got better for Steamboat real estate buyers who need larger loans.
Fannie Mae and Freddie Mac have responded to the sub-prime crisis by temporarily increasing jumbo conforming loan limits. Routt County, Colorado, conforming loan limits have increased to […]

St. Cloud Resort and Spa is Newest Steamboat Springs (Potential) Development

The St. Cloud Resort and Spa will be Steamboat Springs’ latest high-end luxury resort to go to the planning stage as soon as the developers purchase a parking garage owned by Intrawest. The St. Cloud will sit at the entrance to Ski Time Square where the Clocktower building, Xanadu condos, and parking garage is now […]

Stagecoach Activity–What’s Sold Since January, 2008

Stagecoach, Colorado is pretty quite these days. Although there are plenty of building sites for sale, most of them are inaccessable at this time of year because of the snow. The Stagecoach neighborhoods toward the back of the community–Sky Hitch, South Station, High Cross, Overland have limited access until the snow melts and […]

Steamboat Grand Fractional Ownership for Locals, Too

Steamboat Grand Fractional ownership isn’t just for visitors from out of town. Locals own Grand units for the free (to owners) parking garage, the ski storage, the pool, and for a place for guests to stay.
During ski season, parking is at a premium. A skier’s choices are the Knoll lot, the Meadows lot, […]

Steamboat Springs Sheraton/Starwood Selling Timeshares–NOT Real Estate

There was an article in today’s paper about Steamboat Springs Sheraton remodeling that I felt was misleading. It talked about sales of the 2 and 3 bedroom “vacation villa” units and the renovation of Morningside Tower “in time for residents to take ownership before the 2008-9 ski season.”
The article also talked about “two bedroom […]