Archive for April, 2011

Selling Tips for Real Estate in Steamboat Springs, Colorado

Wednesday, April 27th, 2011

Selling Tips for Real Estate in Steamboat Springs, Colorado

Steamboat Real Estate

A Modern Ski Area Home - First Impression is Everything

Price – Get it right the first time.
Every sellers want to sell for as much as possible. I completely understand, but many sellers fail to understand that a home that is overpriced, even just slightly, might not sell. In fact, if you price your home to high from the start, you’re going to get even less money when it eventually sells.
Buyers in your price range will notice your home is priced more than comparable sells causing your home to linger on the market. The next thing you know, you have to start chasing buyers with price reductions, but you’ve already lost out on the best buyers from the start. The first three weeks brings the most activity, so price your home right from the start!

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Steamboat Springs Ski Base Redevelopment

Wednesday, April 27th, 2011

Steamboat Springs Ski Base Redevelopment

Another year of 400 plus inches of snowfall during ski season in Steamboat Springs.

Great for bringing visitors to the valley, boosting our economy and excellent skiing and snowboarding conditions for all but extra work for construction teams as they begin to install new amenities and upgrades to the Steamboat Springs Ski Mountain!

Steamboat Springs City Council has allocated $20 million to redevelop the base area of the Ski Mountain over several years. This includes
• Installing new pavers and sidewalk snow melt systems along Ski Time Square drive; one of the two main access roads.
• Preliminary work on a new public promenade
• Creating new amenities at Burgess Creek such as seating areas with fire pits
• An access ramp and improved staircase connecting the ski base to the Torian Plum area
• Removing pavers and preparing to install snow melt systems in Gondola Square (funded privately by Ski Corp).

This is a preview of Steamboat Springs Ski Base Redevelopment. Read the full story.

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An Architectural Shift: Steamboat Springs Modern Mountain Homes

Sunday, April 24th, 2011

An Architectural Shift:  Steamboat Springs Modern Mountain Homes

Steamboat Springs locals and loyalists are proud of Steamboat’s genuine western charm and ranching roots. Our western heritage is as much of the town’s charm as the beauty of the mountains and open spaces. For many years the popular decorating theme has been the ‘authentic rustic western’ look of log beds, Indian rugs, wrought iron lamps etc. A signature of the old west and remote mountain living which many visitors expect to fulfill their fantasy of being in the remote Colorado, Rocky Mountains.

What I have noticed in the past several years is a shift, or rather an attraction from the traditional ‘old west’ décor to a more modern and contemporary style aptly named ‘mountain modern’. Homeowners are creating spaces which are more in line with their personal taste and lifestyle; either for a home-away from home feel or a for an every day living and lifestyle choice.

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The Steamboat Springs Real Estate Shift

Saturday, April 16th, 2011

The Steamboat Springs Real Estate Shift

As a realtor in the resort community of Steamboat Springs, Colorado, one thing that’s clear today, buyers of real estate today are users. Gone are the investors looking to make a quick buck. I’m not saying real estate is not a good investment, but the assured return on the investment is still unknown.

As a realtor in Steamboat, I get asked this question a lot, “should I buy in Steamboat”? It’s really an easy answer and goes something like this, “If you love coming to Steamboat Springs and spending time here, and you plan on doing it for several years, then yes, buying real estate in Steamboat is a good idea.”

If you are planning on using the real estate, come skiing in the winter a few times and cast a fly in the river during the summer, actually using it and benefitting from the investment, then it makes sense. If you’re buying for the appreciation or for the rental income, it might not make sense.

This is a preview of The Steamboat Springs Real Estate Shift. Read the full story.

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Real Estate in Steamboat Springs: Edgemont a Success through Crowd Sourcing

Thursday, April 14th, 2011

Real Estate in Steamboat Springs: Edgemont a Success through Crowd Sourcing

Let’s say you have a real estate development that’s slow to sell and you’re wondering why.  For one reason or another the units are just sitting idle and not moving. Assuming your already discussing and actively working with price and marketing and the market is just not reacting. Time to try something different like crowdsourcing.  And if you’re not looking outside the box today, you’re stuck in the closet.

Crowdsourcing, or crowd sourcing, is a term that distributes problem solving among a group of people. By adding people to your effort, it become a collaboration of efforts to reignite and focus on the issue at hand.

Case in point:  Steamboat Springs, Colorado. Ski Town U.S.A.  A destination ski resort in in Northwest Colorado. We are suffering too in real estate values and transactions have been slow for 2-3 years.

And in those 2-3 years the development of Edgemont occurred.

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Has Steamboat Springs Real Estate Seen the Bottom?

Wednesday, April 6th, 2011

Has Steamboat Springs Real Estate Seen the Bottom?

See the list of single family homes in Steamboat Springs over the last 8 months.
The following list is of property activity over the last 8 months. These are single family homes in Steamboat Springs from the 1 – 3 million dollar range.

3 points I want to make:

1. Over the last 3 months there’s been a noticeable increase in this area of Steamboat Springs Real Estate.
2. This list highlights a huge range for price per square foot on what sellers are asking and what buyers have been paying over the last 8 months.
a. Sold property range $228 – $479 with the average of $338 per foot.
b. Active property range $266 – $492 with the average at $372 per foot.
c. Pending property range $338 – $430 with and average at $384

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A Roller-Coaster that is “Living in Steamboat in April”

Wednesday, April 6th, 2011

A Roller-Coaster that is “Living in Steamboat in April”

We’ve all been on those roller-coasters that once it starts you just want it to end. It’s a right of passage. A necessary experience.

The few weeks between the powder fluffed ski season in ski town U.S.A. and the actual appearance of daffodils and green grass can be that long, arduous roller-coast that never ends.

This morning I look outside and it’s dumping. I mean snowing hard and looking like January.

Living in Steamboat Spring, Colorado right now is just hard. We’re right in the middle of that transition between winter and spring. Between snow blowing and mowing the lawn. Between wearing layers and wearing t-shirts.

One day it’s sunny and 67 degrees and we’re riding bikes and fishing in the Yampa River. The next we’re scraping ice off our windows and driving 18 MPH again to get to the office. It’s 18 degrees right now and snowing. WHEN WILL THIS END!!!

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