Park City - Vail Resorts Inc. has proposed a plan to create the largest ski resort in North America by linking Park City Mountain Resort with The Canyons ski resort.  The new resort will go by the name Park City Mountain Resort and the planned upgrades will include an eight passenger high speed gondola that connects from the base of Silverload Lift at the Park City Mountain Resort to The Canyons Flatiron lift.  The plan for the King Con chairlift is to increase the capacity to a 6-person high speed lift which will provide for the ability to handle higher capacity and keep the lift line wait times reasonable.  The $50 million will also be used to  build a new Snow Hut Restaurant and upgrades to the Summit House Restaurant.  We are told that there will be a…

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How to Value Investment Properties in Park City & Deer Valley

This article provides five different ways to value investment properties in the Park City and Deer Valley area.  If you would like to learn more about the top investment properties in Park City, Utah please review our Guide to Investing in Park City & Deer Valley Real Estate. 

1) Income Value from Rents

In six easy steps, I'll show you how to calculate the value of a Park City rental property. 

  1. Determine your required rate of return / what percentage you want to make
  2. .Calculate the net income of the property.
  3. Calculate the expenses of the property. *Note: Since a buyer may require a mortgage and interest rates fluctuate every day the cap rate does not account for mortgage…

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