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Steamboat Springs, CO Real Estate Appreciates 40%

If you bought real estate on the mountain before January 1, 2007, it is likely that your property has appreciated 40% in only six months. Mountain condominiums especially have seen this mind-boggling appreciation.

Why are prices so high?

Several reasons account for the dramatic increase:

  • Intrawest announced they were buying the ski mountain late December, 2006
  • The Base Area Development plan announced a new base village and new mountain improvements
  • Our listing inventory is at an all-time low
  • New development projects won’t be finished for two years

The good news is:

  • Steamboat is still the most affordable ski resort to buy real estate–even since the increase!
  • There is still plenty of growth potential
  • We’re getting a huge resort remodel–interest in Steamboat will only increase once the work is done

Any questions? Email me and I’ll be happy to send you specific information.

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