Archive for June 2017

Steamboat’s 2017 South Valley Home Sales

Sidney Peak Ranch entry

The area south of Steamboat Springs is one of the most desirable locations in Routt County, and prices reflect that. Homes in Sidney Peak, Agate Creek, Big Valley Ranch, and other developments regularly sell above $2M.  Custom homes on large land parcels often command more.  Scroll down to see the 2017 home sales in the South Valley, or contact us to learn more about buying or selling real estate in Steamboat.

Address Steamboat Area Development Asking Price Sold Price  
26600 Henderson Park Road Henderson-Parke $795,000  $700,000  3/3/2017
31025 Sweetwater Dr. Agate Crk Preserve $2,395,000  $2,300,000  5/25/2017
28105 Big Valley Dr Big Valley Ranch $2,395,000  $2,225,000  4/13/2017
31485 Deerwood Ranch Road Deerwood Ranches $1,175,000  $1,144,000  3/10/2017
33100 County Road 41 Other $795,000  $785,000  4/21/2017
29150 Buffalo Trail Sidney Peak Ranch $2,695,000  $2,310,000  5/19/2017
30860 Elk Lane Spring Green Subdivision $1,239,000  $1,170,000  3/30/2017
31740 County Road 35 Steamboat Hills Subd $549,000  $520,000  6/9/2017
30845 RCR 35 Whitecotton Subdivision $849,000  $834,000  6/19/2017
33855 Pine Drop Dr. Wildflower Meadows $11,250,000  $9,000,000  1/31/2017

Building Permits Reveal Steamboat Real Estate Trends

The Rout County Building Dept issues building permits for all types of structures from single family to duplex, multiple family, accessory structures, commercial/industrial, and additions/renovations, in both the county and within the city limits of Steamboat Springs.  For years, building has been slow and sub contractors were more affordable and available, but that is no longer the case, especially within the city limits.

For comparison sake, we’ll look at the single family  (SF) home permits. In 2007, there were 31 permits issued for SF homes in the City of SS and 127 pulled in the county, outside of city limits.   By 2010, these numbers dropped by 77%  (7 SF permits issued) in the city limits and dropped by a whopping 95% in the county.  By year end 2016, the SF permits within city limits had more than recovered, ending at 110% of 2007 levels (34 permits issued). Although improving, the county was slower in their pace of recovery with only 54 SF permits issued which was still 57% off 2007 numbers.

In total, Routt County is still 44% down from 2007 in terms of quantity of SF permits issued, but if you look at the property valuations for these same properties, the county was only 26% off of 2007….indicating a rise in building costs.  This analysis exposes two trends that are worth analyzing in subsequent articles…why has the city recovered so much faster than the county and why are building costs exceeding those in the height of the 2007 market

This article was guest written by Kelly Becker.  To contact Kelly about new construction or what to expect when building a home in Steamboat, call her at 970-846-2300.

Steamboat Springs Real Estate 2010-2017

2017 Steamboat Springs real estate dollar volume is eclipsing dollar volume of past years, especially since it was announcemed that Aspen will acquire Steamboat later this year.  As we head into the second half of the year which has traditionally been the busiest time for real estate sales, we will see higher dollar volume or higher prices (both?) due to low inventory.

As a buyer, it’s hard not to get caught up in the emotion when you see the right property.  Trust us to help you navigate the current market with excellent negotiation skills and a calm demeanor by calling 970-819-6372.  

Steamboat Springs Real Estate Dollar Volume 2010-2017

City of Steamboat 2017 Home Sales

Graystone on the Green home in Steamboat Springs

Forty-nine homes sold in the City of Steamboat (downtown, mountain and Fish Creek areas) to date in 2017 for a median price of $910,000.  Interestingly, the median list price for homes currently listed for sale in the same neighborhoods is $1,299,500.  Only 22 homes are for sale under $1,000,000.  Prices are rising due to low inventory and strong demand.

Here is a list of sales in 2017, or you can search for available homes for sale in Steamboat Springs here.

Area Address Steamboat Development Asking Price Sold Price Closing Date
1-DOWNTOWN AREA 333 Short St. #A 1St Add To Ss $529,500  $486,000  3/3/2017
1-DOWNTOWN AREA 425 8th Street 1St Add To Ss $849,000  $815,000  6/16/2017
1-DOWNTOWN AREA 1094 Uncochief Campbell Subdivision $1,210,000  $1,100,000  5/15/2017
1-DOWNTOWN AREA 1088 Uncochief Circle Campbell Subdivision $1,249,000  $1,215,000  5/5/2017
1-DOWNTOWN AREA 140 Park Ave CrawfrdAddtoSS $875,000  $860,000  6/22/2017
1-DOWNTOWN AREA 37 Park Avenue CrawfrdAddtoSS $1,550,000  $1,429,500  6/1/2017
1-DOWNTOWN AREA 16 Woods Dr Deerfoot Height $575,000  $580,000  6/15/2017
1-DOWNTOWN AREA 583 Gilpin Street Fairview Add Ss $575,000  $570,000  4/13/2017
1-DOWNTOWN AREA 1167 Gilpin Court Fairview Add Ss $835,000  $825,000  4/28/2017
1-DOWNTOWN AREA 1082 The Boulevard North Highlands $817,500  $785,000  6/16/2017
1-DOWNTOWN AREA 853 North Park Road Other $698,000  $670,000  2/9/2017
1-DOWNTOWN AREA 1184 & 1186 Saratoga Ave. Other $762,000  $750,000  5/31/2017
1-DOWNTOWN AREA 837 Douglas Street Yahmonite Add SS $579,000  $555,000  1/13/2017
2-FISH CREEK AREA 641 Creel Lane Anglers Retreat $1,530,000  $1,530,000  5/10/2017
2-FISH CREEK AREA 145 Huckleberry Lane Aspen Heights Subdivision $569,000  $559,000  3/24/2017
2-FISH CREEK AREA 1750 Fish Creek Falls Road Aspen Meadows Subdivision $835,000  $835,000  3/27/2017
2-FISH CREEK AREA 568 Sandhill Circle Emerald Knoll $699,000  $675,000  3/28/2017
2-FISH CREEK AREA 1840 Alexandre Way Fish Creek Hill $1,195,000  $1,195,000  5/25/2017
2-FISH CREEK AREA 1372 Anglers Dr Fish Creek Meadows $1,275,000  $1,275,000  5/19/2017
2-FISH CREEK AREA 315 Blackberry Lane Fox Hollow Subdivision $1,140,000  $1,100,000  4/21/2017
2-FISH CREEK AREA 747 Anglers Pond Hinsdale Subdivision $2,850,000  $2,450,000  5/15/2017
2-FISH CREEK AREA 370 Kelhi Ct Margarite Ridge $845,000  $818,000  4/27/2017
2-FISH CREEK AREA 415 Alpine Ct. Steamboat Point Subdivision $525,000  $525,000  6/7/2017
2-FISH CREEK AREA 585 Wyatt Drive Tamarack Point Subdivision $599,999  $560,000  2/8/2017
2-FISH CREEK AREA 554 Wyatt Way Tamarack Point Subdivision $635,000  $635,000  3/28/2017
2-FISH CREEK AREA 1180 Blue Sage Drive Willett Heights Subdivision $610,000  $641,000  6/7/2017
2-FISH CREEK AREA 350 Blue Sage Cir Willett Heights Subdivision $695,000  $681,000  5/25/2017
2-FISH CREEK AREA 690 Amethyst Drive Willett Heights Subdivision $695,000  $689,050  4/21/2017
2-FISH CREEK AREA 315 Blue Sage Circle Willett Heights Subdivision $939,000  $910,000  2/17/2017
3-MOUNTAIN AREA 2335 Clubhouse Dr Country Club Highlands $1,235,000  $1,217,000  1/31/2017
3-MOUNTAIN AREA 2050 Clubhouse Drive Country Club Highlands $1,290,000  $1,269,000  4/20/2017
3-MOUNTAIN AREA 855 Fox Lane Eagles View Subdivision $2,390,000  $2,100,000  5/24/2017
3-MOUNTAIN AREA 1313 Robert E Lee Lane Fairway Meadows Subdivision $1,100,000  $1,025,000  1/26/2017
3-MOUNTAIN AREA 1165 Redwoods Drive Fairway Place Subdivision $1,629,000  $1,525,000  6/16/2017
3-MOUNTAIN AREA 1224 Clubhouse Circle Graystone on The Green $1,495,000  $1,708,860  3/10/2017
3-MOUNTAIN AREA 1259 Clubhouse Circle Graystone on The Green $2,100,000  $2,020,000  3/14/2017
3-MOUNTAIN AREA 1814 Hunters Court Hunters Ridge $995,000  $935,000  2/22/2017
3-MOUNTAIN AREA 1225 Meadowood Court Meadowood Subdivision $865,000  $815,000  4/14/2017
3-MOUNTAIN AREA 2910 Burgess Creek Rd. Rendevous Trails Subdivision $1,225,000  $1,150,000  4/7/2017
3-MOUNTAIN AREA 2650 Ridge Road Rendevous Trails Subdivision $1,495,000  $1,485,000  3/10/2017
3-MOUNTAIN AREA 2820 Trails Edge Rendevous Trails Subdivision $1,797,000  $1,759,500  5/5/2017
3-MOUNTAIN AREA 858 Dougherty Road River Place Subdivision $439,000  $429,000  5/15/2017
3-MOUNTAIN AREA 810 Dougherty Rd. River Place Subdivision $579,000  $550,000  5/10/2017
3-MOUNTAIN AREA 2195 Val D’Isere Circle Ski Ranches Subdivision $1,295,000  $1,182,500  5/12/2017
3-MOUNTAIN AREA 2895 Trails Edge Trails Edge Subdivision $1,999,000  $1,950,000  2/16/2017
3-MOUNTAIN AREA 37190 William William Tree Haus $765,000  $715,000  6/20/2017
3-MOUNTAIN AREA 37045 William William Tree Haus $1,299,000  $1,255,000  4/4/2017
3-MOUNTAIN AREA 2645 Bronc Buster Loop Wildhorse Meadows – The Range $1,499,000  $1,420,000  1/31/2017
3-MOUNTAIN AREA 2624 Bronc Buster Loop Wildhorse Meadows – The Range $2,400,000  $2,350,000  4/12/2017

New Listing on Kelhi Ct in Steamboat

New Listing at 375 Kelhi Court, Steamboat Springs, CO 80487.  This single family home features 4 bd/4.5 baths and is over 4000 sq ft of living area in a great neighborhood close to downtown and the mountain.  Call Kelly at 970-846-2300 to schedule a showing, because this one won’t be around long at $899,000.

Property Photo

2/26pauseprevious photonext photo
 
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Description

Vacant and easy to show, with new interior paint, this terrific home is an open slate that awaits your fresh ideas. Outstanding VALUE, priced WELL below replacement cost, with over 4, 000 sq ft, located on a quiet cul de sac street with unobstructed views of Howelsen Hill, Sleeping Giant and the ski area. Open floor plan with a vaulted great room, main level master suite and spacious outdoor living areas allowing you to access and enjoy the big views that surround the home. With four large bedrooms, 4.5 bathrooms and over 4, 000 square feet, there is plenty of room for family, guests and abundant storage. The lower level suite with kitchenette, private entrance and outdoor space can be used as a bedroom suite, large rec/family room, or as an apartment for guests, a nanny, or to generate rental income. Kids and pets will love the large irrigated lawn, fenced back yard and quiet cul de sac. Kelhi Court offers a convenient location with easy access to downtown and the mountain, steps from the free bus route, and a short walk to trails leading to Downtown, Spring Creek and schools. 

  • Property Type: Single Family Home
  • Sub Type: Single Family
  • Listing Status: Active
  • Listing Price: $899,000
  • County/Area: Routt County
  • Zip Code: 80487
  • Year Built: 1995
  • Subdivision/Neighborhood: Margarite Ridge
  • Sq.Ft.: 4,072 sq ft
  • Stories: 3
  • Bedrooms: 4
  • Baths (full): 4
  • Baths (partial): 1
  • Basement: Walk Out, Partial Finished, Yes
  • Garage: Garage Attached, 2-Car
  • Fireplace: One, In Living Room
  • Acres: 0.32 acre lot
  • View: Steamboat Ski Area, Panoramic
  • Area: 2-Fish Creek Area
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Washer, Dryer
  • Construction Type: Frame
  • Exterior: Wood Siding, Stone Veneer
  • Exterior Amenities: Paved Driveway
  • Finished Square Footage: 3658
  • Foundation: Poured Concrete
  • Gas: Natural Gas
  • HOA Per: Not Applicable
  • Heating/Ventilation: Natural Gas, Radiant
  • Interior Amenities: New Paint, Wood Floors, Wet Bar, Ceiling Fan (s), Vaulted Ceiling (s), Smoke Detector, Garage Door Open
  • Landscaping: Sprinkler System, Fence-Wood, Trees
  • Laundry: Main Level, Room
  • List Price Per Fin Sq Ft: 245.76
  • Lot Description: Cul-de-Sac, View, Level
  • Orientation: North, West
  • Pets: Yes
  • Porch/Patio: Deck Open, Deck Covered
  • Real Property Tax Year: 2016
  • Remodeled: 2014
  • Roads/Access: Public
  • Roof: Shingle
  • School: Strawberry Park
  • Sewer: Municipal Sewer
  • Sq Ft Source: Assessor
  • Unfinished Square Footage: 414
  • Water Heater: Gas
  • Water Supply: Municipal Water
  • Window Treatment: All
  • Windows/Lighting: EE – Double Pane

North Routt and Elk River Valley Home Sales in 2017

Hahn’s Peak in Northern Routt County, Colorado

See all of the North Routt and Elk River Valley home sales below:

Address Steamboat Area Development Asking Price Sold Price
29640 Elk View Dr Elk River Estates Subdivision $649,000  $649,000 
27400 Grouse CT Elk River Mountain Ranch Subdivision $759,000  $746,000 
41155 Game Trails Court Game Trails Subdivision $1,195,000  $1,045,000 
46250 County Road 46 Metes & Bounds $725,000  $650,000 
51400 County Road 129 Metes & Bounds $3,247,500  $2,925,000 
49915 County Road 129 Moonhill Meadow $549,000  $540,000 
44080 RCR 46 B Sleeping Giant $799,000  $790,000 
26350 Larkspur Lane 4 Bar G $499,900  $480,000 
26685 Katy Court Badger Meadows Subdivision $585,000  $585,000 
26875 Placer Place Badger Meadows Subdivision $480,000  $480,000 
23043 County Road 62 Captains Cove $532,000  $515,000 
29090 River Drive Elk Ridge Subdivision $359,000  $340,000 
29125 River Dr Elk Ridge Subdivision $375,000  $350,500 
61460 Hill Street Hahns Peak $379,000  $360,000 
22240 County Road 52E Metes & Bounds $699,000  $679,000 
64025 Forest Service Road 490 Other $849,000  $860,000 
60545 Parkside Drive Parkside $595,000  $595,000 
57600 County Road 62 Red Creek Subdivision $875,000  $825,000 
58605 County Road 62 Red Creek Subdivision $899,999  $875,000 
57725 Saturn Court Steamboat Lakes $449,500  $435,000 
26645 Neptune Place Steamboat Lakes $469,000  $459,000 
25450 Tanglewood Dr. Tanglewood Heig $495,000  $450,000 

2017 West of Steamboat Home Sales

West of Steamboat homes in Silver Spur and Steamboat II

There were 23 home sales in the area West of Steamboat in 2017.  Popular neighborhoods include Heritage Park, Silver Spur, and Steamboat II because families and locals are able to buy single family homes with yards and garages for lower prices than in the City of Steamboat.  It’s a short 10-15 minute drive into town.

Here are sales from 2017, and you can find all available homes for sale west of town here.

Steamboat Address Development Asking Price Sold Price Closing Date
27373 Brandon Circle Heritage Park $589,000  $573,000  2/28/2017
40180 Lindsay Drive Heritage Park $574,900  $586,500  5/12/2017
27405 Brandon Circle Heritage Park $649,000  $607,000  1/31/2017
27377 Brandon Cir Heritage Park $615,000  $615,000  5/29/2017
40191 Lindsay Drive Heritage Park $640,000  $625,000  6/1/2017
40187 Lindsay Drive Heritage Park $635,000  $625,000  6/9/2017
27462 Brandon Circle Heritage Park $674,000  $632,000  6/6/2017
27374 Brandon Cir Heritage Park $675,000  $675,000  4/14/2017
21555 Second Avenue Milner $215,000  $215,000  1/19/2017
2724 Riverside Drive Riverside Subd $425,000  $410,000  1/6/2017
37355 Saddle Mountain Drive Saddle Mountain Ranch $435,000  $425,000  1/6/2017
37500 RCR 179 Saddle Mountain Ranch $550,000  $530,000  1/4/2017
37850 Saddle Mountain Circle Saddle Mountain Ranch $584,000  $576,000  6/8/2017
27629 Winchester Trl Silver Spur/ Estates $595,000  $585,000  3/6/2017
27601 Silver Spur Street Silver Spur/ Estates $659,000  $625,000  6/6/2017
27690 Silver Spur Street Silver Spur/ Estates $654,500  $635,000  4/14/2017
27798 Silver Spur Street Silver Spur/ Estates $772,500  $700,000  5/4/2017
27409 Winchester Court Silver Spur/ Estates $799,000  $742,500  4/28/2017
40924 Purple Sage St Silver Spur/ Estates $849,000  $800,000  1/9/2017
40502 Steamboat Drive Steamboat II Subdivision $357,000  $360,000  6/20/2017
40435 Haven Place Steamboat II Subdivision $425,000  $385,000  6/12/2017
27160 Sunset Lane Steamboat II Subdivision $434,000  $430,000  4/14/2017
27140 Moonlight Way Steamboat II Subdivision $499,500  $475,000  5/30/2017