On the market: Modest homes most active in month of April

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On the Market

Tom Ross' On the Market column appears Sundays in the Real Estate section of the Steamboat Pilot & Today. Contact him at 871-4205 or e-mail tross@SteamboatToday.com.

The entry-level end of the Routt County housing market saw the most activity in April.

Statistics compiled by Bruce Carta, of Land Title Guarantee Co., show there were three transactions in the sub-$200,000 segment.

Of the 23 transactions, another five were priced between $200,000 and $300,000, and five more sold for between $300,000 and $500,000.

Predictably, the half-dozen sales greater than $1 million accounted for the majority of total dollar volume of $16 million.

Three houses between $1 million and $1.5 million accounted for $3.46 million, and two in the slot between $1.5 million and $2 million combined for another $3.4 million. A single sale was recorded for $2.3 million.

The aggregate million-dollar-plus sales represented 57 percent of total housing dollar volume.

Stagecoach home listed at less than $250,000

A Stagecoach home listed by Dennis O'Connor, of Lincoln Avenue Realty, represents one of the lowest priced homes of its kind on the market.

The 1,820-square-foot home is listed at $249,900. The four-year-old home has three bedrooms and four baths but still needs some finish work.

O'Connor reports the property is approved for HomePath Renovation Mortgage Financing through Fannie Mae. Benefits include a low down payment and flexible mortgage terms.

Check out renovation financing at: www.fanniemae.com/homepath/financing/index.jhtml.

The Porches promoting vacation discounts

The Porches of Steamboat is offering incentives for ski season 2009-10 by offering discounts of as much as 30 percent for vacation stays booked by Aug. 31.

The Porches also is promoting summer stays with a promotion that offers a third night free for people who book two nights in a luxury duplex. The Porches is supporting the Steamboat Springs Pro Rodeo Series by offering four free rodeo tickets to its summer guests.

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