Park City and Deer Valley Real Estate Blog | Derrik Carlson

Cost to Build a Home in Park City Utah (Update 2019)

Overview of Building in Park City and Deer Valley 

Building a new home in Park City, Utah has been challenging the past few years for some homeowners because costs seemed to continue to climb - mainly because of the cost of labor.   New construction remains strong in the Park City area but costs seem to have leveled out over the past twelve months.  If you are thinking of building a home of any size please feel free to contact me and I'll put you in touch with some great Park City Builders. 

What to Expect for Pricing When Building a Home in Park City.

You can expect the cost to build in Park City and to start around $300 per square foot - that does not include the price of the land or

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Things to do in Park City, Midway, & Heber Utah

 

Welcome to November!   Derrik and I hope that these posts can be a valuable asset to you and your family.  Our hope is that you find something new to do in our wonderful community!  Comment below and let us know what events you're planning on attending this month.  As always, if you or someone you know is looking to buy or sell property in Park City, Midway or Heber, we would love to be their agents!  

Park City Events  |    Midway and Heber Events

Park City Events and Activities

Watercolor Class.  November 1st. 6:30-8:30.  Held at Oil and Vinegar and presented by Time for Her. Tickets required.

Costume Karaoke.  November 1.  7-10 pm at the Dejoria Center. 21+

Park City Ski Swap November 1-3.  Basic Recreation Field House

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Flagstaff Condos for Sale at Deer Valley

View Empire Pass Real Estate

Flagstaff at Empire Mountain Village is located in Deer Valley and provides ski-in-ski-out luxury residences.  The properties consist of two to four bedrooms, three to five bathrooms, and range from 1,749 to 5,538 square feet.  The condominiums have a sophisticated mountain design with professional-grade kitchens and appliances.  The master suite has a great feel and a large bathroom.  A number of the condominiums have built-in bunk-beds to maximize the sleeping room.  The Talisker Tower Club across the street on the opposite side of the Silver Buck Ski Run. This amenity-rich development in its exclusive ski location will provide the backdrop for years of memories to

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Bald Eagle Club Homes for Sale

Deer Valley Real Estate

Bald Eagle Club real estate offers some of the finest ski-in-ski-out homes on Deer Valley Resort.  Bald Eagle is a gated community with seven ski runs and three chairlifts (Carpenter Express, Homestake, and Crown Point).  The 58 parcel development sits on 126 acres and more than have of the acreage has been set aside as open space.  The lot sizes for the homes range from about 1.3 acres to 1.6 acres but feel larger because of the open space and big open views.  The subdivision was developed in the late 1980s but there are still three parcels of land that have not been built on.  One of the lot owners has been in the design process, with his architect, for the past few years.  

 

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Treasure Mountain Inn Condos

Treasure Mountain Inn on Main St Park City

Old Town Real Estate in Park City, Utah

Treasure Mountain Inn is a condominium hotel project in Park City, Utah located 255 Main Street.  The building was built in the early 1960s' and a bit of a modern old fashioned hotel.  The building has a small pool, elevators, commercial space, dining, and is conveniently located towards the top of Main Street. 

 

View Current Listings in Treasure Mountain Inn

 

Treasure Mountain Inn Information

There are three different buildings that make up the Treasure Mountain Inn. Building A, B, and C.  All three buildings have assigned storage stalls but only building A has a parking space assigned to each unit.  Many of the condos have been updated within the past few

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When is the best time to buy a home in Park City 

The Best Time of Year to Buy a Park City Home?

When showing Park City homes that are listed for sale I'm frequently asked, "When is the best time of year to buy a home in Park City Utah?" in other words - Hey, when can I get the best deal on a house?  I usually respond with the line, when we find the perfect home for you!  For a while, I've wanted to dive into the data of when actually might be the best time of year to find a bargain - everything's relative, right?  Park City real estate is complex and many of the homes are custom built with specific tastes and unique architecture/finishes can make it challenging to find the true value of a home.  Homeowners tend to own their properties longer here than in most other areas of the United States

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Upper Deer Valley Real Estate Information

Upper Deer Valley Homes for Sale  |  Upper Deer Valley Condos for Sale

Upper Deer Valley Ski PropertiesAbout Upper Deer Valley Real Estate:  Deer Valley Real Estate is made up of four separate areas: Lower Deer Valley, Upper Deer Valley, Deer Crest, and Empire Pass.  Upper Deer Valley real estate provides some of the best "forever" views and ski access in all of Park City and is easier to get to than any other ski town.   Many of the properties in Upper Deer Valley are ski-in-ski-out or a short walk to access.  There are great dining options within the neighborhood it's a quick five-minute drive/bus ride to the Historic Mainstreet of Park City.  Real estate in Upper Deer Valley offers single-family homes, townhomes,

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Lessons of Buying Homes & Condos in Park City

Buying and selling Park City real estate can be fun, exciting, and one of the best things you'll ever do in your life.  That's the way it should be every time but there are times that transactions get sticky during the due diligence and negotiation.  In Park City, sellers don't have to sell, buyers don't have to buy, but everyone wants to be here!  

This blog post is to help you better understand the complexities of the Park City real estate market and items you need to know when buying or selling a property.  My goal is to build and add to this page over time to be able to help potential buyers become clients as well as help you understand the process of buying property in Utah.  We are always happy to

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Stats for July 2019 vs. July 2018 & YTD | Park City Homes & Condos

Source Park City Multiple Listing Service 8/3/2019

Summary Statistics 19-Jul 18-Jul % Chg
Absorption Rate 9.34 8.46 10.4
Average List Price $2,317,552 $2,247,324 3.12
Median List Price $1,680,000 $1,640,000 2.44
Average Sale Price $1,434,065 $1,488,378 -3.65
Median Sale Price $1,095,000 $969,500 12.94
Average CDOM 124 135 -8.15
Median CDOM 38 32 18.75

Above is a Park City real estate statistics graph of July 2019 vs 2018. 

What does the July 2019 vs July 2018 report tell us? 

In the bold text, I will tell you what the numbers above state

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Promontory Real Estate Information

Search: Promontory Homes | Promontory Land | Promontory Nightly Rentals | Park City Golf Communities

Promontory real estate tends to be one of the most markets in the Park City area when buying and selling luxury real estate. The development has spectacular views of the Park City ski resorts or the Uinta Mountains. The Promontory area offers several different types of homes and club memberships. Resale homes may have different types of memberships than the developer is currently offering which should be taken into consideration when considering the value of a Promontory home. Promontory takes pride in making the development's membership multi-generational by including trails, dog parks, wine and food,

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