If you’ve been looking to buy a Steamboat condominium, you know there are plenty of options. Steamboat Springs has condos, townhomes, fractional ownership opportunities, luxury places with lots of amenities and spartan places to park your skis and 6 pack of PBR while the lifts are closed.
Which one is best? It depends on how you are going to use it. Ask yourself the following 10 questions, then call us to see the ones perfect for you, your family and friends.
1. What price range would you like to stay within? With prices from 20-40% off the 2007 peak, buyers are coming back. Steamboat has condominiums and townhomes ranging in price from $100,000-$1,000,000+.
2. How many bedrooms and baths do you need? Don’t forget to count the friends and relatives glad to make your acquaintance once they hear you have a Steamboat ski condo.
3. Do you want to rent your condo to help pay costs of ownership? If so, make sure you pay attention to the rules allowing rentals. Some Steamboat condos allow nightly rentals and others having minimum rental periods of, say, two weeks.
4. When will you live in your Steamboat condo? Summers? Winters? Year Round? The seasons you use your Steamboat condo will determine where you want to purchase. You won’t need a ski-in, ski-out location if you are coming up to escape the Texas summer heat, but it sure is nice if you ski every day you are in Steamboat.
5. Do you have pets? Many Steamboat Springs condominiums allow pets, but only for owners. Some restrict the number of pets or size of the pets.
6. Do you have a car? Is a garage important? Will you keep a car here even though you only visit a few weeks a year?
7. What amenities do you and your family like? Some Steamboat condos have a pool, spa, tennis, on-site management, while others have none. Those with amenities often rent well but have higher association assessments.
8. Do you always come to Steamboat Springs, or do you like to travel to other places? If you like traveling to different luxury resorts yet don’t want to pay a lot—and can plan your vacations well in advance– a fractional opportunity might be the perfect fit for you.
9. Will you plan to finance your new condo or will you be paying cash? Some Routt County properties–especially those with a majority of investment owners (not primary homeowners) and those that have a lot of delinquent HOA dues– are difficult to finance with conventional loans.
10. Are you interested in renovating or do you want a move-in-ready condo?
By spending time thinking how you’ll use your Steamboat Springs second home, I’ll be in a better position to save you time and only show you the best properties to meet your goals.
Please call us at 970-846-8284. We look forward to helping you realize your dream.
