Archive for February 2015

Featured Property of the Day

Featured real estate property of the day

This lovely custom home sits on 3 acres in Stagecoach, in Lynx Basin Estates, a small subdivision of newer custom homes located on a private drive. This home offers 3 bedrooms and 3.5 baths on the main level with an open “Great Room” style floor plan. It is beautifully finished with wood floors in the kitchen/dining area, granite counters, vaulted ceilings throughout and a wood burning fireplace in the living room with rock surround. The walk-out basement level is over 2000 sq. ft. and rough framed for 3 more bedrooms, 2 bath and large family room for a total of almost 4500 sq. ft. if you need more room. The front entry is beautifully landscaped with easy perennials and a charming covered front porch with log accents. The partially covered back deck faces east with spectacular views of Wood Chuck, perfect for coffee in the morning sun or away from the heat during the evening. Stagecoach is a great community with great amenities like Stagecoach State Park and Lake which offers great fishing and boating, Sarvis Creek Wilderness area and National Forest close by for hiking, biking, snow shoeing and so much more offered right out your back door.

An open kitchen, living, and dining room anchored by a wood burning fireplace

Mountain views from the large deck

• 3 bedrooms, 3.5 baths with 2 car garage
• Open kitchen, living, and dining room
• Wood burning fireplace in living room
• Beautiful views of Woodchuck
• 2000 Sq. Ft. walk-out ready for finish
• Simple and easy landscaping

Filed under: Steamboat News by MDudley
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Mark Dudley

Mark was born and raised in the mountains of Colorado. He spent the first few years of life in Leadville and moved to Steamboat Springs at the age of three. Growing up in Steamboat, he has been witness to all the changes that our beautiful town has gone through over the years. After graduating from the University of Colorado with a degree in Business Administration, Mark took off to travel the world. He spent the better part of a decade living and working in foreign countries doing everything from waiting tables in Australia to bartending in South Africa and teaching English in Argentina. Mark truly enjoys using technology and his knowledge of the area to help buyers and sellers achieve their goals. In his free time you will find Mark out in the community probably playing one sport or another. He is an avid skier but absolutely loves the summers in Steamboat and the sports that are associated with that time of the year. With the combination of extraordinary customer service, local knowledge and an understanding of the most current innovative technologies, Mark can be an asset to any client looking to buy or sell real estate in the Yampa Valley.

Mark Dudley
Broker Associate, Marketing Manager
The Vanatta Group
970-819-4538 | mark.dudley@steamboatsir.com

Filed under: The Vanatta Group by MDudley
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Heidi Flint

Heidi Flint is a Broker Associate who has worked exclusively with Broker/Owner Pam Vanatta since 1994. Licensed since 1995, her many years of experience are an invaluable asset to the Vanatta Group and there truly is no teacher like experience. Heidi’s main focus is overseeing the countless details of the Vanatta Group’s numerous transactions, and making sure the process of Buying or Selling is satiny-smooth for each client… from listing to contract to closing. Above all, Heidi is passionate about helping clients succeed whether they are seasoned professional sellers or first time buyers, and ensuring that they feel that they have “landed” in the lap of woodsy luxury that is Steamboat. In addition to enjoying the many aspects of working beside one of Colorado’s top Brokers, Heidi loves spending time in the Yampa Valley outdoors with family and friends. She loves to garden, cook, and sing around the campfire. She and her husband Wayne built a home in the fabulous Stagecoach area, and thoroughly enjoy living in that pristine mountain community with their four legged friends.

Heidi Flint
Broker Associate, Contract Expert
The Vanatta Group
970-846-5330 | heidi.flint@steamboatsir.com

Filed under: Steamboat News by MDudley
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The Global Luxury Residential Real Estate Report 2015

Luxury home for sale in Steamboat Springs

Just Listed in Steamboat Springs

A new study released by Wealth-X and the Sotheby’s International Realty^® brand show that nearly US$3 trillion of the world’s private wealth is held in owner-occupied residential properties, a value greater than the GDP of India.

There are 211,275 ultra high net worth (UHNW) individuals – defined as those with US$30 million and above in net assets – in the world and 79% of them own two or more residences.

Some of the main hubs for luxury residential real estate are New York City, London and Hong Kong, but niche locations and destination vacation homes are gaining in popularity.

Here are some key findings from the inaugural report:

The value of UHNW-owned residential real estate assets increased by 8% globally in 2014.
On average, UHNW individuals own 2.7 owner-occupied residences.
As of 2014, over 7% of the world’s UHNW population made their wealth through real estate, up from 5% in 2013.
Ultra affluent women value real estate assets more than their male counterparts, holding 16% of the net worth in such assets, on average, compared to less than 10% for men.
Luxury residential real estate is an asset class typically favored by UHNW individuals with inherited wealth: these individuals hold 17% of their net worth in such assets, compared to just under 9% for self-made UHNW individuals.
UHNW individuals with net worth between US$30 million and US$50 million typically keep their primary residences for over 15 years and their secondary residences for over 10 years.
Billionaires change one of their four properties, on average, once every three years.
Secondary residences are typically 45% more valuable than primary residences; twice the square footage and have 10 acres of land.
At 83%, Monaco has the highest density of foreign-owned UHNW residences.
Over 6% of the world’s UHNW population have relocated their primary residence to a different country from which they were born – these individuals often keep a secondary residence in their home countries, and India is the leading country in this respect.