Spend time speaking to locals and experiencing life in Steamboat through a local’s eye. Find opportunities to engage with the community and speak to ambassadors such as the volunteers at Main Street Steamboat.
Interview agents to find the right fit for you. Discuss your goals and make sure they understand what you’re looking for. Work with someone who is familiar with the nuances of buying a second home.
Steamboat has the benefit of four seasons, two of which bring extremes. Properties need to be winterized to withstand a harsh winter, and gardeners beware, Steamboat gets an average of 59 frost-free days in summer.
If you don’t plan to be in residence in Steamboat Springs all year, it’s important to have someone checking on your home. Many property management companies offer full-service vacation rental management.
Rules have changed for tax write-offs on second homes. Do you plan to own the property for personal use only, or is this an opportunity for investment income? An experienced real estate agent knows which areas are zoned for nightly or short-term rentals and which are not. Be aware of homeowner associations and dues.
If owning a single-family home or condo outright is not an option, Steamboat offers opportunities for fractional ownership, vacation clubs and condo hotels.