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What You Need To Know Before Purchasing in Steamboat Springs

Purchasing in Steamboat Springs

Steamboat Springs offers an outdoor lifestyle like no other, but if you are looking to purchase a home in Steamboat Springs, it is best to know the facts first.

In addition to the 12,000 year-round residents that Steamboat has, there are also vacation homeowners who take up residence here for a portion of the year and rent out their house the remainder of the year. According, to Steamboat Sotheby’s International Realty website: “Demand for Steamboat Ski Town USA’s extraordinary lifestyle continues to be a driving factor for visitors and locals alike. Steamboat- the ultimate Colorado Resort- offers all the charm and splendor of Aspen, Vail, and Telluride at a fraction of the price.
This is the perfect place for a vacation or retirement home if you want to be in a ski resort village. We are lower in elevation than the other resorts so you acclimate quicker and your get-away gets going-quicker. Most importantly, price of entry is dramatically lower than the other world class resorts we are pegged against.”

While winter still remains a huge draw for Steamboat as droves of people come up from Denver for the weekend and keep a ski house here for periodic use, many people are starting to purchase homes here for use during the summer months as well so that they can enjoy fishing, hiking, swimming, camping, and biking.

If you are looking to purchase a home in Steamboat Springs, here are the top 5 things you need to know:

  1. What will be the primary use for your home? Will you live here year round or will you use the house as a vacation home and try renting it out? If so, when will you be here in residence-winter or summer?
  2. Location-do you want to be on the mountain, out where there is more land, or centrally located in the downtown area?
  3. Price Point- what is your price point for purchasing?
  4. Local Help- it is best to engage the services of a local real estate expert to assist in your search. Do you have someone to help you?
  5. Availability and Inventory- know what you want in a home, and be prepared to wait for the right time to purchase it.

“In all facets: land, condominium, townhome, single family house or luxury property, Steamboat still represents one of the most affordable resort real estate opportunities in the Country.”

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