The Steamboat Real Estate market is picking up steam. Inventory is low which is shifting trends to a seller’s market. If you have been contemplating selling, now may be the time.
Settling into a perfect Steamboat condo used to be a challenge. Financing condos above $600,000 used be difficult. That doesn’t seem to be the case anymore. Local lenders have attractive offerings to include 30-year fixed rate options. Some national lenders can do the deal as well. Please ask me for the contact details of local lenders to assist further.
Condo prices are just now beginning to rise, so you shouldn’t feel like you missed an opportunity.
If you are looking for a low maintenance property, I would recommend considering a condo or townhome. Steamboat has so many fun activities to enjoy that you may not want to spend your free time caring for a home. Don’t let HOA dues scare you away. Look for properties where it’s professionally managed, financials and reserves are healthy, and the Board is active. Often you will spend considerably less money paying HOA dues than caring for a home yourself. Landscaping, paint projects, utilities are some of the areas you will enjoy savings based on efficiencies and group pricing.
If you don’t like sharing a wall, yet you want to live like you are on vacation, you may want to check out the Flattops at Wildhorse Meadows. This is a unique opportunity to be a part of an amenities rich development with the allure of a single-family home. The talented, design team has created a livable space where you would have the opportunity to customize the floorplan and pick your finishes.
Please contact me with any questions you may have about buying and selling in Steamboat. I am happy to help figure out the best property for you! I am well versed in the different properties within Steamboat and would be happy to share my knowledge.