There is a unique opportunity to own development property with river frontage in downtown Steamboat. After assembling 4.7 acres of prime real estate between 3rd and 5th Streets a decade ago, Green Courte Partners, a Chicago-based real estate investment fi
Real Estate
How’s the Market? Relief for Buyers
Sellers have been in control in most housing markets across the country for a solid four years. Escalating prices and inventory shortages have become the norm. But is the balance of power finally starting to shift to buyers? Data from other markets clearl
October is Carbon Monoxide Awareness Month
Carbon monoxide (CO) is known as the silent killer because it is colorless, odorless, tasteless and cannot be detected by humans unless alarms or detectors are used. Our intention is not to scare you, but to empower you with information on how to help you
What is Driving Home Price Appreciation?
Home values have been appreciating steadily in Routt County in a handful of market sectors and we are constantly asked what the driving trend is. In short, demand outweighs supply and the influx of people choosing to call Steamboat Springs home keeps risi
A Change in Nightly Rental Enforcement Causes a Stir
Some vacation homeowners recently received some unwelcome news. In zones where a permit is required to allow vacation home nightly rentals, the Community Development Code has begun enforcing an access easement if the property uses a private shared access.
Seclusion at Sunlight
Sunlight subdivision is a surprise for locals who have lived in Steamboat for a lifetime but never ventured up onto the land. The secluded 54-acre parcel accessed via Indian Trails Road affords uninterrupted views of Emerald Mountain and Storm Peak. Its p
How’s the Market? We’re Heating Up!
As many areas around the country are reporting slowing real estate sales, August in our area was heating up! The $76M in closed sales in August was our biggest month for volume in over a decade; this moves us to $390M year to date, up 6% from this time la
New Neighborhood Getting Closer to Reality
Brynn Grey Partners, a Boulder based investor/developer group, is edging closer to an annexation agreement with the City of Steamboat Springs, which could result in 450 new homes within 15-20 years.
How’s the Market? Inventory Rises for the Second Month in a Row
Perhaps we are seeing early signs that the market is beginning to balance, as Steamboat Spring’s inventory rose for the second month in a row. At the end of July, there were 476 properties for sale, up from our low of 386 in November 2017. Looking back, w
Pricing Property in a Changing Market
In Steamboat, where home prices are escalating rapidly, it’s not enough to simply use recent comparable sales to determine a home’s list price. Without the volume of big cities, many properties offer limited comparables and also come with unique features.
Affordable Housing Solutions
Less than a year ago, The Reserves, a 48-unit affordable housing development on the west side of town, opened its doors to residents. It had a waitlist four times the size of the project and was the city’s first newly constructed low to moderate income ho
How’s the Market? First Half of 2018
With the first half of the year in the books, it’s a good time to look at how the market is performing. A healthy year for real estate has only been held back by a lack of inventory. In Routt County, through June there have been 370 closed sales, down fro