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Real Estate Blog

Summit County Property Taxes and Primary Residence Exemption Form

If you just purchased a property in Utah that may have been declared by the previous owner as a 2nd home, you’ll need to update your Primary Residence status by filling out the Primary Residence Exemption (PRE) Form on the County Assessor’s website at www.summitcountyassessor.org. Properties that are granted a primary residence exemption are only taxed at 55% of assessed value. The exemption can only be granted on up to one acre. Any remaining acreage will be taxed at 100%. 

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1108 E Black Hawk way Jean-Marc and I are super excited to be marketing this impeccable mountain modern gem! Tucked in the hillside in the Soaring Hawk development this beautifully appointed, south facing,  mountain getaway boasts endless unobstructed views of the Jordanelle, Deer Valley and Mount Timpanogos.  

 A spacious open living room, dining room and kitchen floor plan ideal for entertaining opens to a wrap around deck perfect for enjoying stunning sunset vistas. Expansive sliding doors and large windows throughout the residence ensure that the outdoors is welcomed in at every turn. The gourmet chef's kitchen features stainless steel Viking appliances a tiled backsplash and quartz countertops and a breakfast bar seating four. Earthy organic materials with a

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Canyons Village Park City Employee Housing June 7th, 2021 - 

PARK CITY, Utah, June 7, 2021 /PRNewswire/ -- Canyons Village Management Association, Inc. (CVMA) and Columbus Pacific Development, LLC (CPD) are proud to announce that construction on Canyons Village Employee Housing begins today. A public-private partnership between CVMA, CPD and Summit County this first-of-its-kind venture will accommodate the growing need for employee housing within Canyons Village at Park City Mountain.  Residents will enjoy a year-round, conveniently located and modern environment specifically designed for employees and their families. The Canyons Village Specially Planned Area (SPA) is in the midst of an exciting evolution and today marks a great leap forward in elevating the

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Competitive Buyer Strategies for Park City's Real Estate Market

With inventory levels at historic lows across the various neighborhoods in the Greater park City area, a continued high demand by lifestyle buyers seeking to enjoy the myriad of outdoor activities our beautiful town has to offer, low interest rates, remote working possibilities and the fabulous school systems across our town, many of our clients are asking how to effectively compete in a market where multiple offers are now the norm.  With so few homes for sale it is exceedingly more important to be prepared before you enter the purchasing process.

Here are a few things to take into consideration when looking to purchase a full time residence or vacation home in Park City:

  • Approximately 50 - 60% of transactions in the Greater Park City Area
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1062 Park Avenue Park City Utah

Thrilled to have had the opportunity to represent the sellers of this beautifully appointed, new construction home in Old Town located just a minute from Main Street and Town Lift (in collaboration with Stefanie Wilcox of BHHS).  High-end, organic finishes throughout, multiple living spaces on just two levels (a rarity in old town), heated wide planked wood flooring, wall to ceiling windows, a gourmet chef's kitchen with separate pantry and a one of the largest back yard living spaces in old town with hot tub and fire pit were just a few of the selling points of this unique contemporary residence!  We are proud to have established a new comp in the lower part of Old town.  Thank you Stefanie for another successful collaboration! 

 

 

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Americans choose real estate as the best long term investment for the 8th year in a row.  Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.  Given the high demand and increases in dollar volume sold and prices across all neighborhoods in Park City over the past year and in Q1 2021 in particular, this statement also applies to real estate in our neck of the woods.  Want to find out more about the booming Park City Real Estate Market?  Let's talk! 

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC] | MyKCM

Some Highlights

  • For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
  • Real estate has been gaining ground against
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Deer Valley Resort Summer 2021 Opening Date

If you are itching to dust off those mountain bikes and hiking shoes, you wait is almost over! Deer Valley Resort will open its full-time summer operations beginning June 18 and running through Sept. 6, with three additional weekends after that on Fridays-Sundays through Sept. 26.  During the 2021 summer season the chairlifts will run 10 a.m. to 5 p.m. daily.

The outdoor enthusiast in you will find a myriad of activities to choose from.  If you're a mountain biker, Deer Valley Resort offers nearly 70 miles of mountain biking trails, including four flow trails designed by Gravity Logic. There are tons of thrilling biking trails accessed via three three chairlifts. Silver Lake Express chairlift at the base of the resort, Sterling Express located

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Sundance Film Festival 2022 Edition Park City Utah

The Sundance Film Festival has announced the dates for its 2022 edition, which will take place in-person and online in a hybrid format.

The festival will return to Park City, Utah, from January 20-30, 2022.

“We can’t wait to return to Park City, Salt Lake City — and beyond — for next year’s Sundance Film Festival,” the organization announced Thursday. “The 2022 Festival will take place in-person and online January 20-30. We are in the process of designing a safe and accessible Festival where our audiences and artists can come together to celebrate and discover new work, and each other. Mark your calendars and stay tuned: This summer we will have more details to help you craft your plan and arrange for any travel.”

Source: Variety.com

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Great news for all winter enthusiasts! In an effort to work towards their goal of "Epic for Everyone" and honor current season pass holders, Vail Resort has announced reduction of ALL pass prices by 20% in the company's North American region. The Epic Local Pass is now available for $583 (down from $729 last season) and the full Epic Pass is priced at $783 (down from $979 last season).

Read More Here

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