Snowflower Condo Price Reduction. Now $139,900
This Snowflower ski in, ski out studio was recently reduced to $139,900 and features direct mountain views and a great location beside One Steamboat Place. Snowflower condos are a short walk to the ski slopes, Market on the Moutain and restuarants like Truffle Pig and La Montana. This studio sleeps 4 and has covered parking […]
Steamboat Condo Sales in September
There were 29 Steamboat condo sales in September, with 20 of those sales below $500,000 and three over $1M at Edgemont, One Steamboat Place, and Trailhead Lodge at Wildhorse Meadows. Check out the details below. [table id=19 /]
The Phoenix and Kutuk Condos Unveil Renovated Exteriors
Purchasing a condo in an older Steamboat condo development like The Phoenix or Kutuk has advantages. They were built when land wasn’t at a premium like it is now, so condos tend to be larger and closer to the ski area. Kutuk and the Phoenix are two of these developments within walking distance to the […]
Insurance Condo Owners Need
If you are considering buying a Steamboat condo, there are 2-3 different types of insurance you’ll need once you close escrow and move in. The first is the master policy which is paid through the owners’ HOA dues. Typically, the master policy will cover damage to the structure and the walls, floors and ceiling of […]
Steamboat Condo Sales for October
There were 11 Steamboat condominium and townhome sales in September 2012 ranging from a starter $67,000 place at Chapparel Terraces to a five bedroom Cimarron Townhome short sale that was listed at $895,000 and closed for the absurdly low price of $780,000. Buyers who want to purchase a condo before ski season are looking now […]
Condo Financing Gets (Slightly) Easier
One of the reasons the Steamboat condo market–and all resort markets nationwide–is still a challenge is because Fannie Mae guidelines have made getting a condo loan nearly impossible for many Steamboat condo developments. Lenders won’t finance anything that doesn’t meet those guidelines, so condos with front desks, nightly rentals, more than 50% of the development […]
Steamboat Ski In-Ski Out Condo Sales in 2012
Steamboat condo buyers who want the ultimate location choose ski in, ski out real estate. So far this year, 18 ski in, ski out condos have sold. Half were priced between $1M-$2.725M, and most of those sales were at Edgemont, Antlers townhomes and One Steamboat Place. One Steamboat Place was off the market waiting for […]
Chateau Chamonix
I was walking up the new path connecting the base area promenade with Edgemont and stopped to take a photo of Chateau Chamonix condos. Chateau Chamonix has a great ski in, ski out location and many condos have had substantial price decreases in the last year or two. The last sale in Chateau Chamonix […]
July Steamboat Springs Condo Sales
Steamboat condos sales for July are listed below. There were 31 sales, and true to current market trends, over 75% sold for less than $500,000. The under $500,000 market and especially the under $300,000 market has seen a lot of activity this summer. If you would like more information about buying or selling your Steamboat […]
What Steamboat Condos are Selling?
Today I looked at the number of pending contracts for Steamboat condos for sale. Pending contracts are those that are in escrow. The buyer and seller have not yet closed and the deed has not changed hands. A few may fall out of escrow for various reasons (inspection issues, low appraisals, etc.), but most […]
