Wyndham claims to be the world’s largest vacation rental business.

The seller of The Resort Company, which began here as Steamboat Resorts in 1979 under the ownership of Steve Dawes, was Tonka Bay Equity partners, which acquired the business in 2007.

“We’ve been able to grow the business substantially in these last four years,” Milne said. “We saw this as a great opportunity.”

Milne owned the company for a decade.

In addition to managing The Lodge at Steamboat, Trailhead Lodge at Wildhorse Meadows and the Dulany in Steamboat, the company counts The Charter at Beaver Creek and BlueSky Resort in Breckendridge in its portfolio.

Milne intends to remain with The Resort Company, which is now under the same umbrella as another significant player in the local property management scene, ResortQuest. He said Resort Company and ResortQuest will continue to operate as separate brands here, but consumers will find vacation rentals by both through the Wyndham Vacation Rentals Web portal.

Milne touted the sale as good news for individual owners of condominiums managed by The Resort Company.

“As the newest member of the Wyndham family, we will leverage our relationship with this hospitality leader to provide increased value to our owners,” he predicted.

Prior to the 2010 acquisition of ResortQuest, the Wyndham brand was best known in Steamboat for another division of its company, which manages The Village at Steamboat timeshare property on Pine Grove Road.

However, Wyndham Vacation Rentals represents 87,000 vacation properties in 100 countries with a large concentration in Europe.

The Resort Company Marketing Director Blaine McNamara predicted the sale will broaden base of guests drawn to his company’s nearly 1,000 condominium properties here.

“I definitely think we’ll get more international market share,” he said.

■ 1550 Mustang Run
Seller: Paul TH and Gayle C. Curry
Buyer: James Robert and Lois Anne Davidson
Sale date: Feb. 18, 2011
Sale price: $330,000
Property description: 1,249-suare-foot condominium 3C at Mustang Run. Sold for $220,000 in January 2000.

■ 33533 Seneca Trail
Seller: Federal National Mortgage Assoc dba Fannie Mae
Buyer: Kristine and Bruce Van Maurik
Sale date: Feb. 23, 2011
Sale price: $225,000
Property description: 3,250-square-foot, three-bedroom, 2.5-bath single family home on 1.14-acre lot 129 in the Horseback Subdivision in Stagecoach. Valued for 2010 taxes at $508,000.

■ 2883 Burgess Creek Road
Seller: AB CO SFR Return LLC
Buyer: Thomas A. Bienz
Sale date: Feb. 23, 2011
Sale price: $162,000
Property description: 477-square-foot, one-bedroom, one-bath unit NO G-2 in Scandinavian Lodge Studio Chalet. Built in 1976, it last sold for $235,000 in March 2007.

■ 21500 Green Ridge Court
Seller: Heinz J. and Christiane Astein
Buyer: Robert Douglas Lawler
Sale date: Feb. 24, 2011
Sale price: $2 million
Property description: 6,823-square-foot, four-bedroom, 4.5-bath, single family home on 20.78-acre lot 11 in the Meadows at Stagecoach. Includes detached three-car barn style garage. Valued for 2010 taxes at $1.985 million.

Total sales — $2,717,000

■ 2200 Village Inn Court
Seller: Points of Colorado Inc
Buyer: 12 buyers
Sale date: Feb. 18, 2011
Sale price: Aggregate $128,900
Property description: Timeshare interests in vacation condos in The Villas of Steamboat.

■ 1275 Pine Grove Circle
Seller: Wyndham Vacation Resorts Inc
Buyer: 20 buyers
Sale date: Feb. 18, 2011
Sale price: Aggregate $968,613
Property description: Timeshare interests in vacation condominiums in The Village at Steamboat.

■ 2250 Après Ski Way
Seller: Gloria Raab
Buyer: The Truda Esslemont Grantees
Sale date: Feb. 23, 2011
Sale price: $415,000
Property description: 2,329-square-foot, four-bedroom, four-bath residence club condominium 416 at One Steamboat Place. One-eighth share last sold for $455,000 in December 2009.

■ 2200 Village Inn Court
Seller: Points of Colorado Inc
Buyer: 11 buyers
Sale date: Feb. 24, 2011
Sale price: Aggregate $165,000
Property description: Timeshare interests in vacation condominiums in The Villas of Steamboat.

Total timeshare sales — $1,677,513

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■ 1565 Shadow Run Frontage Road
Seller: Lawrence C. Royer Trust
Buyer: Matthew L. Royer
Sale date: Feb. 11, 2011
Sale price: $225,000
Property description: 1,165-square-foot, three-bedroom, two-bath condominium 302 building B, Shadow Run. Built in 1980, it sold for $87,000 in 1992.

■ U.S. Highway 40 west
Seller: KM Holdings LLC
Buyer: Bing Racing LLC
Sale date: Feb. 11, 2011
Sale price: $150,000
Property description: Industrial property fronting on north side of U.S. Highway 40

■ 1375 Walton Creek Road
Seller: FHLMC Freddie Mac
Buyer: John and Monika Taylor
Sale date: Feb. 11, 2011
Sale price: $154,000
Property description: 1,020-square-foot, two-bedroom, two-bath, Walton Creek Condominiums unit 2, building B. Built in 1973, it sold for $335,000 in October 2007.

■ 26200 Hidden Mesa Drive, Oak Creek
Seller: Christine M. Gilbertson
Buyer: Roger S., E. Jane and Paul S. Johnston
Sale date: Feb. 11, 2011
Sale price: $277,000
Property description: 988-square foot, three-bedroom, one-bath home on 40 acres near Oak Creek.

■ 120 Deer Clover Lane
Seller: Michale and Mary Homier
Buyer: E. Todd and Amanda K. Tracy
Sale date: Feb. 11, 2011
Sale price: $2.65 million
Property description: 5,994-square-foot, five-bedroom, 4.5-bath, two-kitchen single family home on lot 2 Alpine Acres. Off Routt County Road 32/Fish Creek Falls Road. Just outside Steamboat city limits, but on city water. Built in 2008 and listed for $2.875 million.

■ 435 First St.
Seller: William Daniel Hayden
Buyer: Mary Johanna Barnes Strust
Sale date: Feb. 14, 2011
Sale price: $55,000
Property description: 1,008-square-foot, two-bedroom, one-bath single family home on 0.14 acres. Built in 1974.

■ 2700 Eagleridge Drive
Seller: Terraces N24 LLC
Buyer: Steamboat Springs Getaway LLC
Sale date: Feb. 14, 2011
Sale price: $300,000
Property description: 864-square-foot, two-bedroom, two-bath condominium N24 in The Terraces at Ealgeridge. Last sold in December 2010 for $330,000.

■ Saratoga Avenue
Seller: J.D. Adams
Buyer: Michael Lloyd Hines Trust, Deanna Jean Hines Trust
Sale date: Feb. 16, 2011
Sale price: $112,500
Property description: 0.22 acre Lots 9 to 11, Block 2, Fairview addition to Steamboat Springs.

■ 1875 Medicine Springs Drive
Seller: John M. Quinn and Susanna Monroney Quinn
Buyer: Mark D. Clavenna
Sale date: Feb. 16, 2011
Sale price: $650,000

Property description: 1,440-square-foot, three-bedroom, three-bath condominium 4305 in Aspen Lodge at Trappeur’s Crossing. Sold for $720,000 in September 2006.

Total sales — $4,573,500

Steamboat Real Estate Update with Peggy Wolfe airs ever Monday at 8:20 a.m. on Steamboat TV-18.

■ 1288 Turning Leaf Court
Seller: Mountain Meadow Preserve LLC
Buyer: Braadley and Roys Thedinger
Sale date: Jan. 10, 2011
Sale price: $2.46 million

Property description: Recently completed new construction, townhome 32A in The Porches of Steamboat, 10,366 square feet, eight bedrooms, 12 bathrooms, two kitchens.

■ Routt County Road 44 and 44C
Seller: Wood Ranch LLC, Ryan Wood
Buyer: Timothys S. and Janet Borden
Sale date: Jan. 10, 2011
Sale price: $595,000
Property description: Undeveloped rural parcel northwest of Steamboat Springs.

■ South Routt
Seller: Andrew Maneotis Jr. and Sons LLC
Buyer: RXS LLC
Sale date: Jan. 11, 2011
Sale price: $694,750
Property description: Rural property south of Oak Creek.

■ 27550 Kelsie Court, Clark
Seller: Aurora Loan Services LLC
Buyer: Stephen H. and Judith H. Lee
Sale date: Jan. 11, 2011
Sale price: $569,625
Property description: 10,116-square-foot, four-bedroom, 5.5-bath single family home in parcel 1 at the Preserve at Pearl Lake. Originally built in 1972 as a ski lodge, it was remodeled as a home and sold for $2.75 million in May 2008.

■ 2410 Ski Trail Lane
Seller: DB Bear Paw LLC
Buyer: Thyme Capital LLC
Sale date: Jan. 12, 2011
Sale price: $1.364 million
Property description: 1,572-square-foot, three-bedroom, 2.5-bath condominium 2602 at Edgemont. Priced last summer at $2 million and discounted to $1.506 million this winter.

■ 3452 Covey Circle
Seller: Federal National Mortgage Assoc dba Fannie Mae
Buyer: Debra F. Hinsvark
Sale date: Jan. 12, 2011
Sale price: $274,900
Property description: 1,037­-square-foot, two-bedroom, two-bath condominium 404 at Quail Run. Built in 1999 and sold for $319,500.

■ 2545 Cattle Kate Circle
Seller: First Tracks at Wildhorse Meadows LLC
Buyer: Claude and Barbara Christiano
Sale date: Jan. 12, 2011
Sale price: $249,000
Property description: 1,022-square-foot, two-bedroom, two-bath condominium 4306 in First Tracks at Wildhorse Meadows.

■ 31775 Bradley Ranch
Seller: Carl and Julie Sahlsten
Buyer: Anne A. Lowe Trust
Sale date: Jan. 13, 2011
Sale price: $1.65 million
Property description: 4,340-square foot, four-bedroom, 3.5-bath single-family home on 35.14 acres. Built in 1978 and remodeled in 1985, it sold for $1.85 million in September 2006.

■ 628 Pine St.
Seller: Carol Kay Littell
Buyer: Douglas M. Smith Trust
Sale date: Jan. 13, 2011
Sale price: $565,608
Property description: 2,172-square-foot, three-bedroom, two-bath single family home on .16 acre lot 12 in the First Addition to Steamboat Springs. Built in 1924 and remodeled in 1965, it sold for $107,000 in 1983.

■ 2545 Cattle Kate Circle
Seller: First Tracks at Wildhorse Meadows LLC
Buyer: Maria Elena Ellis
Sale date: Jan. 13, 2011
Sale price: $119,000
Property description: Studio condominium 4208 in First Tracks at Wildhorse Meadows. Developer sale, built in 2009.

Total sales —$8,541,883

■ 2200 Village Inn Court
Seller: Points of Colorado Inc
Buyer: Jyoti Ltd
Sale date: Jan. 9, 2011
Sale price: $29,900
Property description: Timeshare interest in condominium 7702 at Steamboat Villas.

■ 1303 Turning Leaf Court
Seller: Bradley and Roys Thedinger
Buyer: Mountain Meadows Preserve
Sale date: Jan. 10, 2011
Sale price: $320,000
Property description: 12.5 percent interest in Residence Club townhome 28A, 4,178 square feet, four bedrooms and five bathrooms. Built in 2003.

■ 1000 High Point Drive
Seller: Project Philanthropy
Buyer: Shawna A. Fuss
Sale date: Jan. 12, 2011
Sale price: $595
Property description: Timeshare interest in condominium 210 at Hilltop Resort

■ 2200 Village Inn Court
Seller: Points of Colorado Inc.
Buyer: Five different buyers
Sale date: Jan. 13, 2011
Sale price: Aggregate $65,500
Property description: Timeshare interests in vacation condominiums at Steamboat Villas.

■ 2550 Après Ski Way
Seller: SV Timbers Steamboat LLC
Buyer: Tami Sandberg
Sale date: Jan. 13, 2011
Sale price: $373,500
Property description: One-eighth share in residence club condominium 403 at One Steamboat Place.

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Western Slope leads Colorado in 2000s home appreciation, CSU-Realtors study says

The Western Slope had the greatest increase in home-price appreciation of any Colorado region in the last 10 years, at 68.5 percent, according to a recent study by Colorado State University’s Everitt Real Estate Center. The study was done in collaboration with the Colorado Association of Realtors.

The Mountain Resort and Northern Colorado areas also had large increases in home prices — at 43.2 percent and 30.6 percent, respectively, the EREC-CAR House Price Indices showed.

Metro Denver experienced the lowest statewide increase in home-price appreciation, at 7.1 percent for the 10-year period. But the Denver area was one of only two regions, in the seven statewide areas surveyed, to show positive home-price appreciation from 2008 to 2009, at 2.1 percent.

Metro Denver by county

Looking just at counties within the metro area in the past decade, Denver and Arapahoe counties reported the lowest appreciation — at 4.2 percent and .5 percent, respectively — while Adams County had negative appreciation of 2.7 percent. Adams has been the hardest-hit county in the metro area during the recent housing downturn, often reporting the area’s highest foreclosure rates.

Douglas and Broomfield counties showed the highest home-price appreciation in the decade, at 28.3 percent and 24.5 percent, respectively.

But from 2008 to last year in the metro area, Denver and Adams counties had the highest appreciation at 5.2 percent and 4.6 percent, respectively.

Study basics

The report data covers 1999 through 2009, and is the first joint housing study by CAR and CSU. The association and the university agreed last year to collaborate on producing regular reports about Colorado’s residential real estate market.

The recently released 2009 EREC-CAR House Price Indices report calculated change in home-price appreciation based on selling prices for houses as well as condominiums and townhomes. Researchers used information from county sales records, and other resources.

The data differs from similar information provided by groups such as S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) because it uses different parameters. The EREC-CAR index, for example, doesn’t include Elbert, Park, Gilpin and Clear Creek counties in the Denver metro area, while Case-Shiller and FHFA indices do.

The EREC-CAR report makes metro Denver a six-county area, including Adams, Arapahoe, Broomfield, Denver, Douglas and Jefferson counties. Boulder County, which often is regarded as part of the Denver area in studies, is included in this report’s Northern Colorado region, along with Weld and Larimer counties.

More numbers

Other data from the study:

• Broomfield County home values steadily increased for much of the 10-year period, but peaked in 2003 and dropped each year through 2008. But the county still had appreciation of 24.5 percent.

• Just from 2008 to ’09 in the metro area, four metro-area counties had increases in appreciation — Denver (5.2 percent), Adams (4.6 percent), Broomfield (2.3 percent) and Arapahoe (.9 percent). Douglas and Jefferson counties had negative appreciation of 3.9 percent and 2 percent, respectively.

• In addition to metro Denver, the only other area of the state to report positive appreciation in the last two years was the Mountain Rural region, at 2.2 percent.

• From 2008-2009, five Colorado regions included in the report had negative appreciation — Mountain Resort (15.3 percent), Western Slope (10.9 percent), Eastern Plains (7.7 percent), Colorado Springs-Pueblo (4.2 percent) and Northern Colorado (1.9 percent).

The Colorado Association of Realtors is one of the state’s largest real estate trade groups, with more than 21,500 members.

■ 501 Seventh St.
Seller: Darlinda M. Maxwell
Buyer: Elliott Morrow and Angela Chloe Lawrence
Sale date: Jan. 3, 2011
Sale price: $50,000
Property description: 11.36 percent interest in 1,258-square-foot, two-bedroom, one-bath single family home on lots 15 to 17, block 4 First Addition to Steamboat Springs. Built in 1922 and remodeled in 1965.

■ 501 Seventh St.
Seller: Darlinda M. Maxwell
Buyer: Elliott Morrow and Angela Chloe Lawrence
Sale date: Jan. 3, 2011
Sale price: $340,000
Property description: 77.28 percent interest in 1,258-square-foot, two-bedroom, one-bath single family home on lots 15 to 17, block 4 First Addition to Steamboat Springs. Built in 1922 and remodeled in 1965.

■ 1750 Medicine Springs Drive
Seller: Caxton Street LLC
Buyer: KML Exchange LLC
Sale date: Jan. 3, 2011
Sale price: $766,500
Property description: 1,474-square-foot, three-bedroom, three-bath, condominium 6110 at Bear Lodge. Valued for taxes at $1.03 million.

■ 31665 Sugar Ridge Road
Seller: Zedeck Family Partnership
Buyer: Murray and Lila Zedeck
Sale date: Jan. 3, 2011
Sale price: $1.9 million
Property description: 4,462-square-foot, five-bedroom, five-bath single family home build in 1998 on 6.38-acre lot 68 in Dakota Ridge. Also sold for $1.9 million in August 2003.

■ 150 Hillside Drive
Seller: Flagstar Bank
Buyer: Kathleen M. and William K. Hinder
Sale date: Jan. 4, 2011
Sale price: $250,000
Property description: 1,568-square-foot, three-bedroom, two-bath single family home on .33-acre lot 8 in Hillside Subdivision filing 2. Sold in 1997 for $150,000.

■ 2410 Ski Trail Lane
Seller: DB Bear Paw LLC
Buyer: Ski House LLC
Sale date: Jan. 4, 2011
Sale price: $3.224 million
Property description: 3,903-square-foot, five-bedroom, 4.5 bath condominium 2201 at Edgemont. Includes four fireplaces. Overlooks ski slopes. Developer’s summer 2010 list price was $4,659,000, offering 25 percent discount to $3,494,250.

■ 57550 Diana Place, Clark
Seller: North Lake Properties LLC
Buyer: David E. and Carol E. Peregoy
Sale date: Jan. 4, 2011
Sale price: $139,900
Property description: Undeveloped 6.04-acre Lot 5 in the replat of Beaver Canyon Drive.

■ 27498 Brandon Circle
Seller: Federal National Mortgage Assoc DBA Fannie Mae
Buyer: Troy A. Lewis
Sale date: Jan. 6, 2011
Sale price: $430,657
Property description: 2,750-square-foot, four-bedroom, three-bath, single family home on .23-acre lot 38 in heritage Park. Sold for $487,500 in 2004.

Total sales — $7,101,057

■ 1275 Pine Grove Circle
Seller: Wyndham Vacation Resorts Inc
Buyer: 51 different buyers
Sale date: Jan. 4, 2011
Sale price: Aggregate $2.83 million
Property description: Time share interests in vacation condominiums in The Village at Steamboat.

■ 1275 Pine Grove Circle
Seller: Wyndham Vacation Resorts Inc
Buyer: Two different buyers
Sale date: Jan. 6, 2011
Sale price: Aggregate $113,101
Property description: Timeshare interests in vacation condos in The Village at Steamboat.

■ 2200 Village Inn Court
Seller: Points of Colorado Inc.
Buyer: Jyoti LTD
Sale date: Jan. 6, 2011
Sale price: $29,900
Property description: Timeshare interest in condominium 7702 at Steamboat Villas.

Total timeshare sales — $2,973,001

■ 1750 Medicine Springs Drive
Seller: Caxton Street LLC
Buyer: Keith J. and Britt J. Steiner
Sale date: Dec. 27, 2010
Sale price: $875,000
Property description: 1,585-square-foot, three-bedroom, three-bath condominium 6208 in Bear Lodge at Steamboat. Valued for taxes at $1.03 million.

■ 2700 Eagleridge Drive
Seller: New Ventures LLP
Buyer: Terraces N24 LLC
Sale date: Dec. 27, 2010
Sale price: $330,000
Property description: 864-square-foot, two-bedroom, two-bath condominium N24 in The Terraces at Eagle Ridge. Sold for $285,000 in August 2004.

■ 2880 Golf Stream Court
Seller: J.P. Morgan Chase Bank
Buyer: Thomas M. and Laura L. Zulim
Sale date: Dec. 27, 2010
Sale price: $2.21 million
Property description: 7,103-square-foot, five-bedroom, six-bath, three-car garage, single-f amily home built in 2000 on .5-acre lot 56 in filing 3 of The Sanctuary. Valued for taxes at $2.42 million.

■ 1115 Longview Circle
Seller: Navy Federal Credit Union
Buyer: David J. and Sandra A. Ruhs
Sale date: Dec. 27, 2010
Sale price: $637,000
Property description: 3,021-square-foot, three-bedroom, 3.5-bath single-family home on lot 22 in Longview Highlands. Built in 2005 and sold for $772,500 in February 2006.

■ 27426 Brandon Circle
Seller: Robert F. Graviss Sr. Trust
Buyer: Chard and Monica Katherine Feagler
Sale date: Dec. 27, 2010
Sale price: $350,000
Property description: 1,898-square-foot, three-bedroom, three-bath single-family home on .22-acre lot 19 in Heritage Park. Sold for $339,400 in April 2001.

■ 2286 Après Ski Way
Seller: Bank of America
Buyer: JTLH Investments
Sale date: Dec. 28, 2010
Sale price: $400,000
Property descriptio n: 1,306-square-foot, two-bedroom, two-bath condominium 102 at The Dulany. Built in 1982 and sold for $590,000 in July 2007.

■ 40135 Anchor Way
Seller: J.P. Morgan Chase Bank
Buyer: Frank Poltzer
Sale date: Dec. 28, 2010
Sale price: $220,000
Property description: 1,378-square-foot, three-bedroom, two-bath, single-family home on .39-acre lot 18 in Steamboat II. Built in 1981.

■ 43441 Elk Run
Seller: Elk River Partners LLC
Buyer: Marabou Property LLC
Sale date: Dec. 29, 2010
Sale price: $2.9 million
Property description: 6.73-acre Homestead B9 in Marabou. Sale includes incidental 3,296-square-foot home built in 1993.

■ 2410 Ski Trail Lane
Seller: DB Bear Paw LLC
Buyer: Phillip D.Brooks Jr. and Kimberley M. Brooks
Sale date: Dec. 29, 2010
Sale price: $1.388 million
Property description: 1,588-square-foot, three-bedroom, 2.5-bath condominium 2708 at Edgemont.

■ 29755 Riffle Run
Seller: Indymac Ventures
Buyer: Brian Seeger
Sale date: Dec. 29, 2010
Sale price: $28,000
Property description: .19-acre lot 8 in Middle Creek Village at Stagecoach.

■ 1750 Medicine Springs Drive
Seller: Caxton Street LLC
Buyer: Carolyn L. Alford
Sale date: Dec. 29, 2010
Sale price: $230,000
Property description: 614-square-foot, one-bedroom, one-bath condominium 6113 in Bear Lodge At Trappeur’s Crossing. Valued for taxes at $423,660.

■ 2565 Après Ski Way
Seller: Donna K. and Roger Larson and Beth K. and George M. Eck Jr.
Buyer: G.L. and Rita Bale Trust
Sale date: Dec. 29, 2010
Sale price: $355,000
Property description: 1,935-square-foot, four-bedroom, 3.5-bath condominium 5 in Winterset. Sold for $62,000 in 1991.

■ 33355 Emerald Meadows Dr.
Seller: Robert Jon Pensack
Buyer: Cast & Blast of Colorado LLC
Sale date: Dec. 30, 2010
Sale price: $1.4 million
Property description: 3,690-square-foot, four-bedroom, 4.5-bath single-family home on 35.31 acres, built in 2000. Valued for taxes at $1.16 million.

■ 1595 Natches Way
Seller: Natches Way Development
Buyer: Timothy M. Walsh, James R. McPhilliamy, Kathleen A. McPhilliamy and Kathleen M. Walsh
Sale date: Dec. 30, 2010
Sale price: $1.35 million
Property description: 3,622-square-foot, six-bedroom, seven-bath residence at Sunridge Townhomes lot 1. Valued for taxes at $1.398 million.

■ 10780 Routt County Road 51
Seller: Hayden Airport Garages
Buyer: Kazaney LLC
Sale date: Dec. 30, 2010
Sale price: $19,900
Property description: 237-square-foot garage D-92

■ 31025 Broken Talon Way
Seller: Federal National Mortgage Association DBA Fannie Mae
Buyer: Bra ndon Reno Ager
Sale date: Dec. 30, 2010
Sale price: $249,999
Property description: 2,964-square-foot, four-bedroom, 2.5-bath single-family home on lot 57 Eaglewatch. Sold for $490,000 in May 2005.

Total sales — $12,942,899