Foreclosed luxury home sold for $113 per square foot | SteamboatToday.com

Foreclosed luxury home sold for $113 per square foot

By the numbers

Top five 2009 real estate buys by percent of discount from asking price

Type — Location — Description — List — Purchase — Discount

■ Land — South Valley — 57 acres — $4.995M — $2.5M — 50 percent

■ Commercial — Downtown — Yacht Club Rest. — $3M — $1.9M — 37 percent

■ Ranch — North Routt — Seedhouse Ranch — $2.2M — $1.4M — 36 percent

■ Land — Stagecoach — 0.94-acre lot — $21,500 — $14,000 — 35 percent

■ Land — Steamboat — 0.3-acre lot — $189,000 — $125,000 — 34 percent

Source: Doug Labor, of Buyers Resource Real Estate