Steamboat real estate activity has definitely picked up.  I don’t know if interest is back because the papers are saying the recession is over or if people have regained their senses, but the buyers are back.

If you are thinking about purchasing a Steamboat condo or townhome as a second home, here are some things to consider:

• Are you going to use it in the winter or do you want year-round local activities? What are those other activities (fly fishing, golf, hiking, biking, etc.) and how accessible are they to your location?
• Will you use it enough and keep it long enough (at least 3-5 years) to justify the purchase compared to renting a condo?
• How many amenities and on-site management do you want? Are you looking for shuttle service, pools, hot tubs, and tennis?  Or are you okay with the bus route and a trip to the Old Town Hot Springs?
• Do you want to be close to shopping, restaurants, and other amenities?
• How close do you want to be to the ski slope? Are you okay hauling your gear on the shuttle or bus, or do you want to hand your skis to the ski concierge at a ski-in, ski-out location?
• And the Biggie: How much do you want to spend? You’ll find huge differences in the available quality/locations in the marketplace.

For more Steamboat Springs real estate information, contact us.