For several year now, Realtors, Builders and Architects have been saying that people are moving away from larger homes. That McMansion or Mega-homes are less desirable then they were in earlier years. Mansion homes sales are waning and there are far less under construction then just 5 years ago.
Many people are leaning towards smaller residences that are more manageable, more affordable, and make more sense. But in Steamboat Springs, Colorado, it just so happens that one of the most desirable new ski-in/ski-out condos available, all of the larger 4 and 5 bedroom residences have all sold-out and 75% of the three plus condos are sold as well. Edgemont, on the edge of the Steamboat ski slopes is selling so well that all that remain are the smaller 2 and 3 bedroom ski area condos.
What does this mean? Well, it means that you can’t always generalize in real estate trends. And if you want to buy a smaller 2-3 bedroom ski-in/ski-out condo in Steamboat Springs, Colorado, you can get a great deal. Prices start at $595,000. Steamboat’s newest ski-area condo is a success with over 67% sold. So maybe larger homes are taking longer to sell, larger ski condos in Steamboat Springs, Colorado are selling like hotcakes.
If you might want more information about Edgemont ski condos, give me a call at 970-846-6435.