Steamboat Condos and Townhomes that Sold in June, 2010

July 30, 2010

There were 34 Steamboat condo and townhome sales in June, 2010 with an average list price-to-sold-price of 91%. It’s interesting that most sales closed within 10% of the asking price, because there are a lot of offers being written at 20, 25, and even 30% off asking price.   The reality is that most Steamboat condos that are getting looked at are well-priced, and the closer a property gets to market value, the more likely it will sell around the asking price.

Here are the Steamboat Springs condo and townhome sales for June, 2010.  If you are coming to Steamboat and would like to schedule a time to look at the better-priced properties, please call 970-819-6372.

Steamboat Springs Condo and Townhome Sales in June, 2010
Steamboat Condo/Townhome Development ADDRESS List Price Sold Price


Rockies Condo 1945 Cornice Road $149,000 $137,500
Sierra View Condos 127 Oak Ridge Circle (Unit 103) $149,900 $145,000
Glen Eden TBD Fishhook, Glen Eden Townhouse $165,500 $150,000
Wildhorse Meadows – First Tracks 2545 Cattle Kate Cir. $159,000 $157,000
Whistler Village Thm 12 Cypress Court $178,500 $157,000
Fish Falls Cond 465 Tamarack Dr. $199,000 $180,000
Ski Ranch Mt Werner 2470 Apres Ski Way $199,900 $195,000
Whistler Village Thm 7 Balsam Court $210,000 $203,000
Meadowlark Condo 3020 Village Drive Unit 311 $225,000 $205,000
Rockies Condo 1945 Cornice Rd. #2304 $219,000 $217,000
Lodge @ Steamboat Condo 2700 Village Dr., #A-202 $325,000 $285,000
Sunray Meadows Condos 3325-2 Columbine Drive $314,900 $300,000
Villas @ Walton 1457 Morgan Court $335,000 $306,000
Trollhaugen Condo 2080 Trollhaugen Ct $329,000 $310,000
Wildhorse Meadows – First Tracks 2545 Cattle Kate Cir. $365,000 $321,500
Other 377 Little Moon Trail $299,500 $325,000
Mustang Run Condos 1515 Mustang Run $349,900 $325,000
Mountain Vista Townhome 642 Mountain Vista Circle $335,000 $331,000
Ranch Steamboat Springs Condo 1675 Ranch Rd #405 $369,000 $337,500
Lodge @ Steamboat Condo 2700 Village Drive — A303 $365,000 $340,000
Villas @ Walton 1413 Morgan Court $399,000 $372,500
Trappeurs Crossing Condos 1750 Medicine Springs Dr. $449,000 $405,000
Ranch Steamboat Springs Condo 1765 Ranch Road $550,000 $460,000
Lodge @ Steamboat Condo The Lodge B104 $529,000 $505,000
Cornerstone 1603 Moraine Circle $599,000 $569,000
Rocky Peak Village 207 Willett Heights Trail $695,000 $655,000
Ski Ranches Subdivision 3015 Apres Ski Way $795,000 $795,000
The Highmark at Steamboat Springs 2525 Village Drive $828,000 $814,000
Mountaineer 2908 Mountaineer Cir. $995,000 $900,000
Trappeurs Crossing Condos 1800 Medicine Springs Drive $1,075,000 $949,000
Torian-Creekside Unit 716 Creekside at Torian Plum $1,195,000 $950,000
Trappeurs Crossing Condos 1800 Medicine Springs Drive $1,195,000 $1,050,000
Olympian Subdivision 35 5th St., Unit 301 $1,227,200 $1,138,500
North Meadows Subdivision 1843 Montview Lane $1,495,000 $1,375,000

Steamboat Bank Owned Townhome Reduced

July 14, 2010

This Steamboat Springs Bank Owned 4BR Cascades Townhome is now priced at the practically give-away price of $414,900.  This is hundreds of thousands of dollars less than the other townhomes for sale at the Cascades.  (See all the Cascades townhomes for sale here.)

Three levels of living–2 bedrooms on upper level, 2 bedrooms on lower level, and an open living area/larger deck on main level.

There is a two car attached garage, tons of storage, and all appliances including the washer and dryer.  The Cascades are the lowest density townhome development in Steamboat, so they live and feel like a single family home without all the upkeep.

At $194/sq ft, this is THE lowest priced Steamboat townhome–for a really nice walk-to-ski development. This is not entry level living, it’s just priced that way!

Call 970-819-6372 for more info.

$414,900 – Condo/Townhouse, 4 Beds, 3 Baths, 2134 Sqft.,
1502 Cascades #2, Steamboat Springs, CO 80487
MLS No. 128752
Property Photo
photo 1 photo 2 photo 3 photo 4 photo 5 photo 6 photo 7 photo 8

Listing Description

BANK OWNED, INCREDIBLE VALUE! This 4BR/3BA Cascades Townhome is a short walk to the Steamboat Ski Area, and for $199/sq ft, you can’t find a townhome of this quality for less $$. With an open floorplan, large deck, all appliances, washer and dryer, 2 car garage, winter shuttle service, high-speed internet, and two outdoor hot tubs, these townhomes are perfect for year-round living or as a spacious second home. Located in the desirable Eagle Ridge area. Priced hundreds of thousands of dollars less than assessed value.

Property Features Read more

Steamboat Springs Townhomes that Sold or went Under Contract in June

July 7, 2010

Steamboat Townhome Development

ADDRESS

List Price

Sold Price

Whistler Village Thm

12 Cypress Court

$178,500

$157,000

Whistler Village Thm

7 Balsam Court

$210,000

$203,000

Other

377 Little Moon Trail

$299,500

$325,000

Mountain Vista Townhome

642 Mountain Vista Circle

$335,000

$331,000

Cornerstone

1603 Moraine Circle

$599,000

$569,000

Rocky Peak Village

207 Willett Heights Trail

$695,000

$655,000

Ski Ranches Subdivision

3015 Apres Ski Way

$795,000

$795,000

Mountaineer

2908 Mountaineer Cir.

$995,000

$900,000

North Meadows Subdivision

1843 Montview Lane

$1,495,000

$1,375,000

Total Listings

Avg

Avg

9

$622,444

$590,000

Steamboat Springs Townhomes that went Under Contract in June, 2010

Develop

ADDRESS

LP

$/Tot Sq Ft

Brooklyn Subdivision

343 Pearl

$239,000

$429.86

Ski Ranches Subdivision

2580 Apres Ski Way

$464,500

$273.56

Stonewood @Eagle Ridge

1255 Eagle Glen Drive

$1,550,000

$398.46

Ski Trails Subd

2542 Ski Trail Lane The Ledges Unit B

$2,900,000

$554.49

Total Listings

Avg

Avg

4

$1,288,375

$414

Steamboat Condos that Sold or went Under Contract in June

July 7, 2010

Steamboat Springs Condos that Sold in June, 2010

Develop

ADDRESS

List Price

Sold Price

$/Tot Sq Ft

Rockies Condo

1945 Cornice Road

$149,000

$137,500

$294.43

Fish Falls Cond

465 Tamarack Dr.

$199,000

$180,000

$261.63

Meadowlark Condo

3020 Village Drive Unit 311

$225,000

$205,000

$222.83

Lodge @ Steamboat Condo

2700 Village Dr., #A-202

$325,000

$285,000

$273.78

Villas @ Walton

1457 Morgan Court

$335,000

$306,000

$264.94

Trollhaugen Condo

2080 Trollhaugen Ct

$329,000

$310,000

$235.56

Wildhorse Meadows – First Tracks

2545 Cattle Kate Cir.

$365,000

$321,500

$271.54

Ranch Steamboat Springs Condo

1675 Ranch Rd #405

$369,000

$337,500

$252.43

Lodge @ Steamboat Condo

2700 Village Drive — A303

$365,000

$340,000

$326.61

Trappeurs Crossing Condos

1750 Medicine Springs Dr.

$449,000

$405,000

$397.45

The Highmark at Steamboat Springs

2525 Village Drive

$828,000

$814,000

$410.08

Torian-Creekside

Unit 716 Creekside at Torian Plum

$1,195,000

$950,000

$574.02

Trappeurs Crossing Condos

1800 Medicine Springs Drive

$1,195,000

$1,050,000

$492.73

Total Listings

Avg

Avg

Avg

13

$486,769

$433,961

$329

Steamboat Springs Condos that went Under Contract in June, 2010

Develop

ADDRESS

List Price

Ski Ranch Mt Werner

2470 Apres Ski Way

$199,900

Rockies Condo

1945 Cornice Rd. #2304

$219,000

Villas @ Walton

1404 Morgan Court

$280,000

Wildhorse Meadows – First Tracks

2545 Cattle Kate Cir.

$340,000

Mustang Run Condos

1515 Mustang Run

$349,900

Wildhorse Meadows – First Tracks

2545 Cattle Kate Cir.

$385,000

Ranch Steamboat Springs Condo

1765 Ranch Road

$550,000

Kutuk Condo

2000 Ski Time Square Drive

$750,000

Olympian Subdivision

35 5th St., Unit 203

$1,014,400

Total Listings

Avg

9

$454,244

Buying a Steamboat Condo: Know your CC&Rs

July 6, 2010

Buying a Steamboat condo means becoming a member of a home owners association with unique rules and requirements.

Once you find the Steamboat condo you want, make sure you carefully review all the documents.   (As always, it’s always a good idea to have your attorney review these.)  The Colorado Contract to Buy/Sell Real Estate gives Steamboat condominium buyers the right to examine all the documents before purchasing.   In fact, Steamboat condo buyers can get out of the purchase contract and have their Earnest Money returned if the HOA documents are not agreeable to the buyer.

Here are some questions Steamboat condo and townhome buyers want to be aware of:

For new construction like One Steamboat Place, Edgemont, Howelson Place, The Olympian, The Victoria and Trailhead Lodge:

•             How many condos does the developer own, and how many have sold?

•             Does the developer still in control the HOA?

•             At what point does the developer turn over the management of the HOA to the homeowners?

•             What is the timeline for amenities like pools?  Is the developer required to put them in, or can they wait…indefinitely?

For all condos in Steamboat Springs (and other resort areas), especially if you are financing:

•             Is this condominium complex considered a condotel by lenders?

•             Are any condos in the development sold as fractional ownership?

•             What about parking?  Is there a deeded space, or is parking space available?

•             Who does the rental management, and do they also run the HOA?  Are they on-site or off?

•             Can you rent the condo nightly?  Long-term?

•             What is the pet policy?

•             Are any of the units bank owned or delinquent in their HOA fees?

Owning a Steamboat Springs condo or townhome is one of the easiest ways to enjoy living full- or part-time in Steamboat.  To avoid any surprises, carefully read the CC&Rs before purchase.

Search all Steamboat properties for sale here.

And for help choosing which Steamboat Springs Condominium or Townhome best suits your lifestyle, please contact us.

Steamboat in Springtime Photos

July 6, 2010

Steamboat Springs Mountain Area

Steamboat Springs Mountain Area

Clear Cutting Beetle Killed Pines beside Vogue ski run

Clear Cutting Beetle Killed Pines beside Vogue ski run

Tubing and Kayaking on the Yampa next to the Library

Tubing and Kayaking on the Yampa next to the Library

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