We believe there are three reasons Stagecoach is enjoying such a great year: rising rents, market becoming a seller’s market, and the possibility of rising interest rates. There has been a buying frenzy in the lower end of the market in the Steamboat and surrounding areas. The lower-end price points up to $400K have been the biggest driver in the Steamboat market this year. As the rent costs are going up, many locals are starting to look for a place of their own. Because the inventory if properties in their price range is limited, more are turning to Stagecoach to get more for their money. Also, there is a sense of urgency from the buyers because our area is becoming more of a seller’s market. Many buyers are afraid that if they don’t act now, they may miss out on a deal and prices will only increase. Finally, the threat of rising interest rates is also a factor in the increase in sales. At lower interest rates, buyers can afford more home. Since there is a lot of talk about the interest rates possibly going up, buyers are concerned that they will be able to afford less if they delay their purchase.

To see all the available single family homes in the Stagecoach area, click here. if you’re a buyer or a seller in Stagecoach and would like to discuss your options, please give us a call at  (970) 846-8284

The post Huge Increases in Stagecoach Single Family Home Sales appeared first on Stagecoach CO Real Estate.

• 2740 sq ft, 4+bedrooms, 3 full baths
• New hardwood floors, carpet, roof, furnace, paint, appliances, and master bath.
• Two decks overlooking Stagecoach Reservoir and surrounding mountains, large 2 car garage
• Public water and sewer, short commute to Steamboat
• Gas fireplace, new wood floors, vaulted ceiling in living area
• Lovely master suite with new carpet and new ensuite master bath

Call us at (970) 846-8284 to schedule a showing or for more information.

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• Features
• Map
• Contact Us

Courtesy of Colorado Group Downtown, Eliese Pivarnik

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This information provided by Sarah Thorsteinson, SSBR Government Affairs Consultant

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Stagecoach Real Estate Stats

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Courtesy of Eliese Pivarnik, Colorado Group Mountain

The post New Listing! 30500 Ormega Way in Meadowgreen @ Stagecoach appeared first on Stagecoach CO Real Estate.

Buyers looking for bank-owned homes in Stagecoach this year haven’t had a lot of options.   In 2009-2011, most of the homes sold were short sales and foreclosures.  This home (I am not the listing agent) was just reduced to $374,900 and is a great buy for people looking for a primary or second home in Stagecoach.  As a broker who represents a lot of buyers in Stagecoach, this property is perfect for people who want to be ”away from it all”.

The original list price in 2010 was $875,000.

If you would like to set up a time to see this home, please call us at 970-819-6372.

33080 Thoroughbred Trail Oak Creek, CO 80467
Single Family Home, 4 Beds, 4649 Sqft., MLS# 134892

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Description

Incredibly, large custom built home, called Arroyada, located in beautiful Stagecoach. The house is two stories, the lower level features gorgeous concrete floors, a large great room with 2-kiva fireplaces, wet bar, dining area, gourmet kitchen with plenty of custom cabinets, walk-in pantry, ½ bath, laundry facilities and a 15×38 sunroom which is great space for morning coffee, office space, exercise equipment and growing plants. There is a stunning open staircase that leads to the master suite, open loft which serves as an office with incredible views and additional bedroom. In addition there is also an outdoor courtyard complete with a kiva fireplace, seasonal stream, 3-car garage, 934 sq ft shop and concrete pad poured for future 480 sq ft studio apartment, plumbing is also roughed in. This home is amazing and was designed to compliment the beautiful mountain setting

• Property Type: Single Family Home

• Special Conditions: REO/Bank Owned
• Listing Status: ACTIVE
• Listing Price: $454,500
• Zip Code: 80467
• Year Built: 2004
• Subdivision/Neighborhood: High Cross @ Stagecoach
• Sq.Ft.: 4649
• Stories: Two
• Bedrooms: 4
• Garage: Garage Attached, 3-Car
• Fireplace: Three Or More, In Living Room
• View: Mountain, Valley, Panoramic
• Area: Stagecoach
• Appliances: Dishwasher, Refrigerator, Beverage Refrigerator, Gas Range/Oven, Range Hood
• Construction Type: Post & Beam
• Exterior: Stucco
• Finished Square Footage: 4649
• Furnishings: Unfurnished

• Gas: Available, Installed, Propane
• HOA Fee: 300.00
• HOA Per: Yearly
• Heating/Ventilation: Entran Type
• Interior Amenities: Wet Bar, Vaulted Ceiling (s), Smoke Detector, Walk In Closet
• Landscaping: Natural
• Laundry: Main Level, Room
• List Price Per Fin Sq Ft: 97.76
• Lot Description: View, Flat, Border Green Belt
• Porch/Patio: Porch Covered, Open Patio
• Real Property Tax $: 3980
• Real Property Tax Year: 2011
• School: South Routt Co
• Sewer: Septic
• Special Conditions Details: REO
• Sq Ft Source: Plans
• Sub-Type: Single Family
• Water Supply: Well Private
• Windows/Lighting: EE – Double Pane

The post Stagecoach Bank Owned Home for Sale appeared first on Stagecoach CO Real Estate.

Bank shadow inventory and other foreclosed properties will most likely come on the market although I would be surprised if we see the volume of homes we’ve seen in 2010-2011.

The good news?  Prices can only increase after the distressed inventory is cleared out, and it’s looking like it could start to happen.  Here is a list of all the single family home sales in Stagecoach to date in 2011:

The post Has the Stagecoach Real Estate Market Bottomed? appeared first on Stagecoach CO Real Estate.

Look at the chart below which includes all the sales and pending sales since January 2011.  Most of the solds were foreclosures, but the more recent pending sales are not.  And if you look at the list-to-sold-price ratio, 6 of the 9 sales were 99% or more of asking price, usually driven by multiple offers.

This chart doesn’t include the townhomes which are now selling for around $70,000.

If you are looking to purchase a single family home in Stagecoach and take advantage of low interest rates, you should look this summer.  I don’t know what the future holds and what other properties may come on as bank-owned, but I wouldn’t doubt if prices for single family homes and townhomes are within a few percentage points of being as low as they are going to get.

See all solds/pendings below.

The post Stagecoach Real Estate Sales appeared first on Stagecoach CO Real Estate.

Stagecoach, CO

The Stagecoach Colorado real estate market has seen a lot of foreclosures and short sales since 2010.  In the last 18 months, 34 single family homes have sold or are currently under contract–and 26 of those, a whopping 76%–were bank-owned or short sales.

Here is a list of all the sold, pending, and active single family homes in Stagecoach under $350,000 since January 2011.  There are only four currently for sale.  And if you notice the days on market (DOM) for the pending sales, two of them went under contract the day they were listed and one of them was under contract within 9 days.  (That one probably was delayed with all the multiple offers the bank was considering.)

So if you are thinking about waiting until prices fall, you might want to change your strategy because there are more buyers than homes for sale under $350,000.

See all the Stagecoach homes currently for sale here.

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