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Trappeurs Crossings Condos See Success in 2009

By
Real Estate Agent with The Steamboat Group

Patiomain room

Trappeurs Crossing saw a successful sales year in 2009. Two of the lodges within Trappeurs Crossing, 'Bear Lodge and neighboring Emerald Lodge accounted for nine luxury condominium sales between $1 million and $1.5 million in the first 11 months of 2009...That number represents about 40 percent of the condo market in that price niche before One Steamboat Place and Edgemont set off a flurry of sales in December.' One of the main factors driving the success of Trappeurs Crossing is the location. Only a short shuttle ride away from the base of the mountain, Trappeurs Crossing is not a ski-in/ski-out unit like newly developed One Steamboat Place or Edgemont. Offering similar, luxurious accommodations at about $650 per square foot, Trappeurs is a more affordable option for those still interested in a luxury lifestyle. Quoted in the Steamboat Pilot, Jon Wade states, 'Outside of One Steamboat Place, Wildhorse and Edgemont, (Hurley) sold more than anyone else...Through the recession, Bear Lodge, Emerald Lodge and Eagle Ridge townhomes were the best at holding their value.'

For more information on Trappeurs Crossing and the six different Condo complexes within this development, see Trappeurs Crossing.

 

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