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Dean Laird, Broker Owner * Colorado Group Realty
Direct Toll Free: 877-678-0884 or Cell: 970-846-8284

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Testimonials

I am thrilled with the transaction and know that your work and expertise made it happen. Thank you!!! ~A.M.

Dean has an easy, laid back style but will surprise you with how sharp his negotiation skills are! He's a local family guy who knows everything there is to know about Steamboat. ~Karen M.

In any town you have a lot of choices when it comes to realtors. Dean was referred to me by a friend of mine who also had a great buying experience with Dean. I honestly don't prefer most realtors approach to selling. Dean was everything opposite of most realtors in that he listened to exactly what I was looking for, was patient, and helped us through the inspection and buying process. Dean was VERY knowledgeable about the area and the best deals in town! Most town homes/condos in Steamboat are located amongst 100s of other short-term rentals. Our town home is located in a very upscale area of town, very quiet, and lot's of great, long-term neighbors! If you want to work with a realtor who has your best interest in mind and isn't just looking for his/her next paycheck, I'd HIGHLY recommend working with Dean! Thanks Dean!! We love our new home!!! ~Barry B.

Our home buying experience with Dean was pleasant, easy, and professional. Truly, it was the best experience we have ever had with a real estate agent or broker. He has a strong knowledge of the Steamboat Springs community, as well as background as a builder so he knows exactly what to look for and really nailed our listings. We were shown properties that matched our needs and found something that was perfect for us. Dean was a great advocate for us during the process and completely followed through on all expectations. And he was still there for us long after the sale was complete, in case we would have needed him. I would highly recommend his services to anyone looking to buy a property in the area! ~Holley G.

In 1996 Dean Laird helped my wife and I find acreage in the Columbia River Gorge. At the time we were living on the Oregon coast several hours away from the Gorge. Dean scouted several properties for us and we then drove up to take a look at what he had found. After looking at a few properties he drove us to a magnificent piece of land which exceeded our expectations and eventually became our home. During the entire process of purchasing our land, Dean was methodical, professional and quite knowledgeable in his handling of contracts. My wife and I were very impressed with his management of our purchase and his willingness to help us acquire the type of property we were seeking. I highly recommend Dean Laird and would most certainly request his services in the event we should ever be in the market for another property. In my estimation he is by far the finest, most caring and professional realtor I have ever had the pleasure of working with! ~David N.

Steamboat Condominium and Townhome Mountain Area market info 2011 

"How is the Steamboat Springs Real Estate Market?"

Depends on the location.  3 bedroom condos near the slopes of Steamboat ski area with nice finishes and newer construction are hard to come by for under $600,000.  2 bedroom condos under $200,000 have been selling regardless of condition.  There is a glut of inventory of 2 bedroom condos needing an upgrade between the $200,000 and $300,000 price point.  Bank owned inventory of single family homes near downtown or the mountain are hard to find and usually sell with in days of being listed.  Single family homes under $400,000 sell but most are in need of some TLC. Luxury townhomes in the under $1,000,000 price point with 3,4 or more bedrooms have been selling well.  For more information, write me for my market report.

"Will the Steamboat market continue to drop?"  Sorry, I don't have a crystal ball! However, I can say certain markets inventories are leveling off or beginning to decline. If you are searching for a 3 bedroom luxury condominiums in a price range $800,000 or less, I can tell you we are beginning to see a turn in the market. When priced well they are selling quickly. That being said, our foreclosure notices filed with Routt County were up in the 3rd quarter.  I estimate that we will see foreclosure properties hitting our market for at least 2 more years based on the number filings. Commonly known as the "Shadow Inventory"

"What about all the new construction?" Most of what you see was planned a few years back and pre-sold at pre-construction prices. Many are closing deals as contracted to do so and some just don't have the means now due to the lending crisis.  This has condominium developers in a position where they cannot close the sale and the original buyers are forfeiting their deposits. These deposits given up by other buyers in some projects can be applied to a new purchase. Trailhead at Wildhorse is in the foreclosure process now with a new owner about to take the reighns.  See more in my real estate blog about these Steamboat condominiums.

"What is selling?" Bank owned and most newer properties - One Steamboat Place as of the date of this post, has closed 9 properties from $2.7 million to $4.4 million.  These are luxury ski-in ski out condos, 3 and 4 bedroom residences from $1000 per sq.ft and up. Edgemont is also a new construction ski in property closing several deals since December 2009 from $1.5 million to $3.8 million - price per square foot is in the same ball park. The lower end of the price scale is also beginning to see several sales due to price reductions of over 40% from the highs in 2007.  See an update One Steamboat Place or Edgemont

"What's the least I can spend and own real estate in Steamboat?"  For $5000 you can own a time share week at Northstar. 1/8th fractional ownerships start around $40,000.  This allows you 6 to 7 weeks a year which usually guarantees at least 2 weeks in the summer and 2 weeks in the winter. Most will allow you visit on short notice if there is space available. Whole ownership starts at $100,000 range for a studio condominium.

"What are the HOA fees?" HOA (Home owner association fees) vary significantly depending on amenities, location, management and other factors. On average - home owner condo fees are from $300 per month to $900 per month. Luxury ski in properties can be much higher, though higher rental incomes tend to help offset this expense. This may be sticker shock to many - cost of snow removal and spring maintenance as a result of all the great snow, is why were typically much higher than HOA's in dry climates. Some properties include natural gas (heating) or capital reserve assessments for planned future projects.


If you have read this far then I'm guessing you have more questions or are ready to check out the better deals in Steamboat. For more information on real estate in Steamboat contact Dean Laird.

Real Estate info 877-678-0884 

 
 
 

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Colorado Group Realty • Steamboat Springs • Call Dean Laird 877.678.0884 (toll free) • 970.846.8284 (cell)
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