Lower Deer Valley Real Estate

Lower Deer Valley Real Estate

Lower Deer Valley is located within the Deer Valley® Resort area and is one of four neighborhoods - Lower and Upper Deer Valley, Empire Pass, and Deer Crest.  Lower Deer Valley Resort areas offer single-family homes, townhomes, condominiums, as well as fractional ownership.  This area of Park City is a true treasure that provides an unmatched lifestyle.  Home and condo owners come from all over the world for the beauty of the mountains, easy access to skiing, and mild summer weather.   Lower Deer Valley is less than 40 miles from the Salt Lake International Airport.

 

 

Search Every Property for Sale in Deer Valley

(Lower Deer Valley, Upper Deer Valley, Deer Crest, and Empire Pass)

Ski Properties in…

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What Affects the Resale Value of My Home?

Major Factors of Home Value on ResalesHomebuyers searching the Park City and Deer Valley real estate market often focus on the factors that suit their needs today and for the duration that they own the home or condo.  When considering what property to buy many overlook the future resale value.  I have a saying that "whatever you buy I'm going to have to sell" so I'd like to discuss the most important factors of reselling a home in Park City, Utah. 

While some believe that you should approach the buying of a home as more of a business decision, I believe if you buy what you love others will love those features when you choose to sell your property.  The location of the property, size, layout, and condition all influence whether the home is a…

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Who Called from the Phone Number (435) 200-5478?

Have you received calls from (435) 200-5478? Well, if so, it's me calling you. You signed up on this website regarding real estate in the Park City area. I have a plan set up to ensure I contact everyone who registers (I know that the registration button is annoying and it forces you to give your email and phone number, but it gives me the highest probability of contacting you and helping you to buy or sell real estate in the Park City area) to make sure they are on the Goldilocks schedule of follow-up. Not so much that you'll get annoyed but enough that it's a quick email or a 20-second phone call to remind you that if you need anything, I'm here for you when you're ready. I never want a client to think…

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Who called me from 833-Ski-Home-or-Call-833-754-4663?

Who called me?I have added a toll-free phone number so you can contact me easily from the main page of www.RealEstateInParkCity.com. If you are interested in buying or selling real estate in Park City you can reach Derrik Carlson at 833-Ski-Home. It's as easy as dialing (833) 754-4663 on your phone or clicking the image above if you've already clicked read full post on the blog. As always, you can also reach me, Derrik Carlson, on my cell phone at 435-200-LIST | (435) 200-5478. 

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In the past week, I have overheard three different discussions about capital gains when someone is selling their Park City home. Capital gains on the sale of a primary residence is often misunderstood and because I'm not a CPA, tax advisor, etc I must say it's best to consult a licensed professional regarding any proceeds when selling a property. 

Here's what the IRS has to say about the sale of your home: "If you have a capital gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income. You may qualify to exclude up to $500,000 of that gain if you file a joint return with your spouse. Publication 523, Selling Your Home, provides rules and worksheets. Topic 409 covers general capital gain and loss…

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Midway Utah Homes for SaleĀ 

Midway Single Family Homes in the Past 365 Days | Market Update

- 233 total single family homes for sale
- 45 Midway homes currently for sale
- 110 Midway homes have sold in the past year
- 40 homes did not sell
- 7 homes are currently in escrow
- 31 were taken off the market before they sold or expired
- Average Midway Home Price is $538,370
- The median home price is $447,000
- It took an average of 85 days for the home to sell
- Four homes over $1,000,000 sold
- No homes sold in the $900,000-$1 Million sold
- Ten homes sold in $800,000's
- Four homes sold in the $700,000's
- Eleven homes sold in the $600,000's
- Twenty-three homes sold in the $500,000's
- Twenty-nine homes sold in the $400,000's
- Eighteen homes sold in the $300,000's
- Six homes sold in the…

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Largest Home to Sell in Park City & Deer Valley, Utah

The largest home that has ever sold in Park City, Utah was a ski-in ski-out home at the base of The Canyons' Ninety-Nine Ninety and Peak Five chair lifts.  69 White Pine Canyon is 33,000 square feet, 5+ acres, 14 bedrooms, 22 bathrooms, 12,500 square feet underground heated garage, swimming pool, it was sold fully furnished.  

This home sold in The Colony on 1/21/2021.

Click Here View The Luxury Homes of Park City, Utah

Largest Home To Ever Sell In Park City Utah

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Who Buys Real Estate in Park City, Utah

Below you will find the ranking, location, number of owners, and percentage of homes owned are from that purchase a property in Park City, Utah.  The numbers below come from local statistics delivered by county title records.

The percent of ownership appears to be what I would expect except for Florida being at number three and Hawaii being in the top ten. There is often talk about how important marketing globally is for Park City real estate sales but our international sales only account for 1.02% of the market and Mexico is 40% of the international market share. The fact that Mexico owners are 40% of the international owners in Park City is surprising to me because in the past year I've worked with more…

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Verify Before You Wire!

Wiring funds before closing is very important.  If funds are not wired on time, it could delay your closing and possibly create a breach of contract situation.  Below you will find the common items to wire money.  Please remember that every situation and financial institution could have a different set of rules so it is best to ask twice and wire once. 

Visit your bank or credit union and provide the following information.

  • Your name and address
  • Your account number
  • Valid Identification
  • Contact information for the institution of where you are sending the funds (you may be asked for a SWIFT code)
  • Routing number and account number for who will be receiving the funds
  • Often financial institutions will ask the…

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What does Vail Coming to Park City do for Real Estate Values?

Original Writeup - December 11th, 2014: We have known that Vail would be heavily investing in The Canyons and Park City Mountain Resort for quite some time and we have seen condo and single-family homeowners hold firm on their asking price over the past twelve to eighteen months.  There have been stories that after the news of Vail’s $50 million investment owners increased their asking prices by 10% but that is not the norm in Park City.  Many property owners in Park City see this as a great opportunity for real estate appreciation but are worried about losing the small-town feel of Park City.  Park City has seen change and development growth over the past thirty, forty, and even fifty…

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