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Park City Real Estate Blog From The Fisher Group at Summit Sotheby's

The 2018/2019 ski season in Park City, UT has some notable changes from years past offering skiers visiting the area a number of options for a season or punch pass type of ski pass during their visit. With Vail Resorts entering the market a few years ago and Alterra Mountain Co acquiring Deer Valley Resort this year, visitors now have multiple options to choose from depending on how they want to utilize the areas resorts.  

Ikon Pass

This is the newest option for those visiting the Park City area who are looking to ski Deer Valley Resort and even Solitude Resort. If you only plan on skiing Deer Valley for 7 days or less, the Ikon Pass could be the perfect option for you. Many will find they can spread the ski days during a trip out a little

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Warrantable v Non-Warrantable: Which is which and how this affects financing

Park City and the surrounding areas offer a wide variety of condominium projects, everything from multimillion on-mountain units to one bedroom apartment style units out of town. Financing the purchase of a condo is not necessarily difficult but there are a few factors that should be taken into account. The following details can help prospective buyers and realtors alike as they evaluate different condo projects and the amenities they offer.

Deer Valley Condo Financing

 

Warrantable:

Warrantable is a designation that is given to condo projects by Fannie Mae when the project meets their guidelines. Warrantable condos are relatively easy to finance and allow for most existing types of

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As the most popular tourist attraction in the Park City area, real estate sitting right on Main Street in Old Town next to the stores and shopping in the area is difficult to come by. With limited space for property and very few loft style units available, the choices can be sparse for those buyers looking to be in the middle of the action and want something larger than a small condo unit. Thankfully, there are now multiple opportunities to own some price space right on the most desirable street in the city. 

1. Sky Silver

Situated on the corner of Main Street and Heber Avenue, Sky Silver is the transformation of the old Silver Queen Hotel. The location is unbeatable compared to almost any other location on Main Street due to it's central

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One of the most common buyers we personally deal with here in the Park City and Deer Valley areas is the Deer Valley condo buyer looking for a vacation property or investment rental. Many will approach us with questions like "Where can I get the best condo for under 1M in Deer Valley?" or "What is the best development for ski-in ski-out access with great value?" and we can narrow down a particular search to a few buildings and/or areas. When searching this area it is easy to split ones search into four different locations that offer a unique value proposition for owning in the Deer Valley area. 

Lower Deer Valley

This area encompasses everything around the main Snow Park Lodge ski area of Deer Valley and everything below it. You'll find some of

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On July 10, 2018, Victory Ranch launched The Residence Club, an ownership offering in its private, country-living community. Selling 1/8 fractional ownership in sixteen cabins, this new residence club is an exciting opportunity for families who enjoy vacationing in ski and adventure locations.

 

Own Multi-Million Dollar Homes at a Fraction of the Cost

Victory Ranch is the hottest-selling vacation-home resort community near Salt Lake City, Utah. Situated just outside the boundaries of Uinta-Wasatch-Cache National Forest on the banks of the Upper Provo River, the area offers stunning views and access to pristine natural environments. The community also prides itself on maintaining deep conservancy principles, working to protect endangered

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The summer months in Park City have transitioned from a once sleepy town in the summer to a thriving community filled with a large volume of unique events to attend for locals and visitors alike. You can find weekly concerts at regular venues throughout town, group outdoor activities, food & drink specials, and much more throughout the summer months. This increase in summer activity has helped grow the local economy in Park City as well as support vacation property owners who once struggled to rent their properties in the slower summer season. Park City property management companies have done a great job at filling these homes and condos with summer visitors which has increased occupancy rates and monthly revenues for those vacation home owners. 

Savor

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How Much Will Residential Solar Panels Save You?When it comes to sustainable construction, few products top the charts like solar panels do. They're efficient, they save the planet, and they take advantage of a resource that is not going away anytime soon. But it's clear to homeowners that this technology doesn't come for free, which is just one of the reasons why solar panels haven't been universally adopted. There's a lot of pros and cons on either side of the debate when it comes to the real value of solar panels, so it may be time shed a little more light on the subject before anyone decides one way or the other.

Raw Costs

There's no denying that solar panels scare people off with their price tags. Few homeowners are interested in dipping into their bank accounts to spend an average of

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Home Improvement Projects: Should You DIY or Hire a Professional?Any homeowner will tell you that they look around their home and see a laundry list of home improvement projects that they want to tackle. From major kitchen renovations to minor updates like new light fixtures or smart technology upgrades, there's always some way to improve the appearance and functionality of any home. All home improvement projects are an investment of a homeowner's time and resources, so it's important that they take the time to consider the cost of the project and the ultimate return on their investment.

One question nearly every homeowner is faced with when they begin a new project is: Should I DIY this project or hire a professional contractor?

Here are 3 signs that you could DIY the project:

The Project is Manageable

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Knowing What Type of Real Estate Investment is Right For YouGetting started in real estate investment requires some knowledge of the real estate business, money and research. Prospective investors who would like to purchase their first investment property need to understand the different types of investment opportunities, where to get financing, and other important details. These tips will help someone who wants to get started buying a real estate investment.

Types of Real Estate Investment

Before an investor can decide what type of real estate is right for them, they must first understand the different types of investment. Each type of real estate investment has advantages and disadvantages. Property investors who do their homework are more likely to end up with real estate that's suitable for their

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Advice for Buying a Luxury CondoThere are many factors to consider when purchasing a luxury condo. Community life, high end appliances and price are all factors that can influence the condo buying process. These tips will help condo buyers to make a decision that they will be happy with for many years to come.

Consider Community Life

One of the great upsides of condo life is living in a large, connected community. Luxury condos in particular often have expansive, beautiful grounds where the HOA holds events that cater to residents. Buyers who are searching for a luxury condo can ask about these events at each condo they visit. Knowing the various types of community involvement can help buyers decide which type of community is right for them.

It's also important to look

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