"I think there's a real opportunity right now for reasonable residential land," Ulrich Salzgeber, CEO Steamboat Springs Board of Realtors said.
The median single family home price in Routt County from January 1, 2016 to July 31, 2016 was $580,000, noted Salzgeber.
Families may start off in Steamboat in more affordable and readily available condos or townhomes. More affordable single-family home options are available within a half hour or less commute of Steamboat Springs, such as in the areas of South Routt, Stagecoach Reservoir, Milner, Hayden and North Routt County.
For people who might want to purchase land to build a new home, now is a positive time in Routt County.
Steamboat Springs is home to a number of residential real estate professionals.
More detailed Routt County housing information can be found here.
Cost of Living
Colorado is one of three states in the U.S., along with Utah and Alaska, with the lowest average residential natural gas prices based on 2008 costs.
The cost of common consumer items in Routt County, from food to physician services, is on par with the costs that consumers see across the nation, according to the Cost of Living Index developed by the Council for Community and Economic Research.
The primary reason for more expensive overall costs associated with living in the Steamboat Springs area is the higher cost of housing. Although the cost of housing in Steamboat is above the national average, there are numerous housing options within the community including condominiums, townhomes, duplexes and single family homes. Lower cost housing options can be found in communities adjacent to Steamboat where housing costs are closer to the national average. Housing prices vary widely across different sections of the county.
New families and employees coming into town are advised to conduct thorough research when searching for appropriate housing.
If housing can be addressed successfully, the cost of living in Routt County is similar to living anywhere else in the nation. The website Sperling’s Best Places is helpful for finding data to compare prices from one town to another.