Posts Tagged ‘steamboat real estate’

A Rare Breed: An Affordable Home

Monday, March 5th, 2018

A Rare Breed: An Affordable Home

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Let’s face it, it’s hard to find an affordable home in Steamboat Springs for the average Buyer. But look no further, we have a great property for you. And yes:

- It’s in the Mountain Area!

- It’s on the city bus route and core trail!

- It overlooks Walton Creek!

- It has ski area views!

- It has 3 bedrooms and 1.5 bathrooms!

- HOA dues are low!

- It’s an end position townhome

- You can walk to Rex’s Bar and Grill!

- You can walk to Whistler Park!

- You can have your pets!

So come take a look at 3170 Ingles Lane #A-5! Click here to view full listing details.

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Click here for full image gallery

Click here for video

Got questions? I’m always here to help 970-846-6435.

STEAMBOAT SPRINGS, CO MARKET REPORT FEB 2018

Thursday, February 8th, 2018

Steamboat Springs, CO Market Report for February 2018

Get the latest news in the local market today!

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Lets talk inventory!

Limited residential inventory has been an increasing issue since the end of the recession. With fewer homes for sale, competition for buyers is fierce, and homes spend less time on the market and prices are driven higher. Inventory shortages are becoming a national crisis and there is no single cause – and consequently no single solution. Here’s a look at some of the factors contributing to local inventory woes in a little more detail:


The migration slowdown. Americans are moving less than they have historically done.

  • - The widening price gap between starter homes and next level homes means that home buyers cannot afford to make the leap and upsize. The increase in housing costs and the equity built into inexpensive starter homes purchased years ago leaves would-be buyers at a loss. Thus home owners are staying put.

STEAMBOAT SPRINGS, CO MARKET REPORT DECEMBER 2017

Thursday, December 7th, 2017

Steamboat Springs, CO Market Report for December 2017

Welcome to our monthly Real Estate video market report!

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Talking Home Affordability. You hear that word a lot these days, but what exactly does it mean? Well in a nutshell, it means how much house can you afford. And this varies for everyone.

Some of the key factors in calculating affordability are:

  • - monthly income
  • - funds to cover your down payment and closing costs
  • - monthly expenses
  • - Existing debt
  • - Credit profile
  • - Ongoing costs associated with property in addition to the home price eg. HOA dues, etc.

Housing affordability is an increasing challenge throughout the country, not surprising when you see figures such as 6.2% average year over year home gains in September*. But how does this look in our little mountain town? The Housing Affordability Index  calculated by the Steamboat Springs Board of Realtors indicates that home affordability for YTD 2017 is quite a bit harder than the same time last year. A number of factors go into this calculation and in all honesty I don’t have the equation, but it is based on interest rates, median sales price and average income by county.

Steamboat Springs, CO Real Estate Report

Friday, May 5th, 2017

Steamboat Springs, CO Real Estate Report

As many of you know there has been a lot of buzz around the recent acquisition of the Steamboat Ski Area by Aspen Skiing Company and KSL Partners. And now that the the dust has settled a little, many of you are probably wondering what this might mean for the real estate market here in Steamboat Springs. My thoughts on the subject are that this is a positive step for the future of the community. The esteemed new owners will almost certainly have a positive impact on improvements and development in and around the base area. Real estate, especially that which focuses on second home and holiday investors, should see some growth as buyer confidence rises. This may have been the nudge that on the fence buyers were looking for. However Steamboat Springs is a destination town and growth is largely limited by employment. The sale of the Steamboat Ski Area does not directly bring jobs to our valley. For this reason it is unlikely to have a direct impact on primary residences.

2 Homes, 2 Styles, 1 Creek

Thursday, April 13th, 2017

2 Homes, 2 Styles, 1 Creek – Ready for 2 Buyers!

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In a quiet street just a short stroll to the Steamboat Ski Resort is Cascades at Eagle Ridge. An enclave of townhomes where you can enjoy privacy or conversation, where you can walk or bike to ski instead of drive, and where you can enjoy life all four seasons of the year. And with little turnover of home ownership, the time is now – we have just listed 2 very different styles of homes at Cascades. So sit back, imagine the soothings sounds of Burgess Creek, and enjoy the tour
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Rainier #2  - $629,000

4 Bedrooms 3 Bathrooms 2 Car Garage

 

Click to view Cascade #2 video

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Click to view Cascade #2 Photo Gallery

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Take a private home tour with 3D!

Click to take a private home tour in 3D!

View Full Cascades #2 Listing

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Steamboat Springs, CO Real Estate Report

Thursday, April 6th, 2017

Steamboat Springs, CO Real Estate Report

The snow is melting, the sun is shining and the local real estate market is starting to bloom!

Routt County Real Estate Market 

February 2017 was a great period for the local real estate market.  Gross volume was $46.6M, up 41.29% compared to last February, and there were 103 transactions, up by 63.49% from the same period last year. Year to date this puts 2017 gross volume up 31.74% and transactions up 29.29%. Let us have a look at what happened in February:

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As we enter Spring we have already seen a jump in the number of new listings to the market and we can expect that this will continue to rise. However based on the demand that we are seeing, the number of active listings may not actually increase as properties are not staying as long on the market as they were this time last year. Pending transactions as of April 6th is 189! The market is fairly balanced right now with the months supply just over 6 months (see what this means here). It is important to note that the above figures are just a snapshot and there is considerable variation depending on property type, location and price point.

The Magic of Fall in Steamboat Springs

Friday, September 23rd, 2016

The Magic of Fall in Steamboat Springs, Colorado

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Spectacular landscapes and crisp fresh air, possibly the most magical time of the year!

Fabulous color can be found throughout Routt County at the moment, and is there a better place to enjoy it than from the sanctuary of your own home? Well, certainly not if you are the owner of 2890 Bucks Path in Elkins Meadow. This 7,400+ custom home is nestled in the mountains, mere minutes from downtown Steamboat Springs. Take a glimpse of fall from a new perspective:

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Whether inside the home or out, the varying hues of red, yellow, purple, black, orange, pink, magenta, blue and brown makes a dramatic statement. To put it simply, it’s breathtaking.

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The current owners describe the neighborhood and environment surrounding their home as national park-esque…  and we can certainly see why.

Steamboat Springs, CO Real Estate Report

Friday, September 2nd, 2016

Steamboat Springs, CO Real Estate Report

Summer 2016 is official coming to a close. The new school year has started, the weather has cooled, and the leaves have begun to turn. But if you are looking for one last hurrah check out the weekend of Labor Day festivities happening in and around South Routt beginning tonight. For more than a century Oak Creek has hosted this family friendly and mostly free weekend, see the full list of events here.

 

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It is also time for the 11th Annual Steamboat Sotheby’s International Realty Labor Day Home Tour! If you are in town and are interested in doing any or all of the self guided tour there are 28 properties to choose from, including one of my own listings 1076 Steamboat Blvd. Come by and say hi between 1-5PM on Saturday Sept 3rd!

 

Steamboat Springs Real Estate, A Fresh Perspective

Thursday, August 4th, 2016

Steamboat Springs Real Estate, A Fresh Perspective

One of the most common questions a realtor gets as is “how is the market doing”. In some markets that can be a simple answer. But here in Steamboat Springs, Colorado, its not quite so easy. The county offers a huge range in property prices, types, locations and also types of buyers – first timers, families coming for our amazing quality of life and great schools, professionals here for our growing business segment, people seeking a western lifestyle, and second home owners just to name a few.

A fruit stand seemed like the perfect analogy to our real estate market!

 

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So how is the market doing right now? Click to read our August 1st market report.

 

Regards,

Charlie

Want to learn more about me?

Charlie Dresen

Real Estate Associate Broker |Sotheby’s

Change Your Experience

970-846-6435 | SteamboatsMyHome.com

Charlie@SteamboatsMyHome.com

Not Your Average Mountain Home

Monday, July 11th, 2016

Not Your Average Mountain Home

Sure its got stone and wood and aspen trees, all desirable things. But that’s where average ends at 2890 Bucks Path, Steamboat Springs, Colorado.

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Some stats:

  • 6 bedrooms, 5 full bathrooms, 2 half bathrooms
  • 7,401 square feet, thoroughly renovated in 2012 using local architectural firm Gerber Berend Design Build
  • 2 story great room with cathedral ceilings showcasing stunning reclaimed wood detail
  • Gourmet kitchen with no appliance, storage or style needs untouched
  • Lower level recreation area with wet bar and billiards area
  • Mezzanine style reading room overlooking the great room

 

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How about:

  • Home gym plus separate yoga room
  • Extensive temperature controlled wine storage
  • Drive in storage area under the 3 car garage
  • Hand forged iron work throughout home including range hood, fireplaces and railings
  • Crestron home automation system

 

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