Live large for less - Steamboat luxury properties undergo serious price reductions

Posted on October 23rd, 2009 in Real Estate News Bookmark and Share

Through economic undulations the opportunity to "get more bang for the buck" is a clear message in the Steamboat Springs luxury real estate market. Properties that once averaged close to $800 per square foot are now below $499 per square - all finished with the finest in detail throughout.

Several of these homes are actually below replacement costs. The costs associated with creating these elegant masterpieces far exceeds certain opportunities floating around the high-end market. In the past few years, homes located in the highly coveted Steamboat Sanctuary were very hard to come by. Today, buyers have their pick of the litter in this ideal location.

And if you don't see what you are looking for - now is the time to ask for it. The art of negotiation is alive and well in the real estate market today, and high-end properties are no exception. Several deals this year have included unique elements to help seal the deal, ranging anywhere from furniture packages to seller financing, mortgage rate buy-down's and property trades. Buyers are holding the trump card in today's market with supply still exceeding demand, so if you want to add the Land Rover to the purchase price; don't be shy. If you are interested in previewing luxurious opportunities in the Yampa Valley, call or email your favorite Prudential broker today.

Check out the amazing opportunities in the Steamboat Luxury Collection today.