Park City Foreclosure Alert!

A group of bank owned lots in the Preserve community in the Park City area have just been put on the market.  The Preserve is a gated community of larger lots, located adjacent to the exclusive Glenwild golf community - approximately 10 minutes from downtown Park City and skiing.  The Preseve is located inside the boundaries of the Park City School District.


Gate house at the Preserve

The bank owned Preserve lots range in size from just over six acres to thirteen acres.  The Preserve is set in an elevated location- with expansive views of the mountains surrounding Park City, Deer Valley and The Canyons.   Most Preserve lots are approved for horses, and many homes have barns and equestrian facilities. 

We now rarely…

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The International Mountain Bicycling Association (IMBA) has recognized what we have known for years in Park City:  that Park City and the surrounding communities have some of the best mountain biking in the country and world, and that the summers in Park City are the reason most locals decide to stay in Park City long term.

I’ve heard many Park City residents and second homeowners say that they come for the winter and stay for the summer.  As a 34 year Park City resident, I couldn’t agree more.  Winter activities are plentiful- no question.  And...summers in ski and mountain towns are even better.   

   
Nowhere Elks Trail in Round Valley                          Round Valley Open Space And Trail System

Why?  The weather is great.  The town can…

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Property Tax Season-

How do real estate property tax rates in other Utah counties compare to Summit County property taxes?

A quick disclaimer- the following was completed after doing some basic research.   Real estate property tax structure can be complex, and includes multiple tax areas within each county (there are 60 areas in Summit County).   In bringing forward some observations, it’s not my intent to suggest that property taxes are too low or high. 

After selling real estate for years in Park City, Summit County and Salt Lake County, I noticed that for property at similar price points, property taxes  assessed on property located in Salt Lake County are noticeably higher than those in Park City.

I used the PropertyTax101.org to do some…

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