Park City UT Luxury Real Estate - Market insights, information from the local's point of view.

6030 Mountain Ranch Dr, Park City Utah

6030 Mountain Ranch Dr, Park City Utah 84098

Upper Mountain Ranch with breathtaking, unobstructed views of Canyons ski resort.  Beautiful architecture with a family friendly  floorplan while offering rustic but luxurious finishes.  Wonderful entertaining home with large great room, front deck and rear patio. Theatre room in the expansive lower level with billiard room, wine cellar and wet bar.  5 bedroom, 4.5 baths , with two office/flex spaces.  Designer features include Wolf appliances, hardwood floors, massive great room stone fireplace. Granite and a generous use of stone throughout with bronze and glass tile accents.  Trails right outside your door. Minutes from all 3 ski resorts.  Buyer to verify all information to their satisfaction.Call me for more information

Heather Feldman

Equity Real Estate Luxury Group

435-731-0803

Heather@ParkCityHouseHunters.com

...

Buying a Home to Renovate Can be a True Bargain…or Not!

Buying a Home to Renovate Can be a True Bargain…or Not!

 

For many decades, Hollywood has made box office gold creating comic films about the hilarious possibilities that nightmarish house remodels present: from Mr. Blandings Builds his Dream House to The Money Pit (and even Under the Tuscan Sun), audiences delight in the shifty tradesmen and rotting timbers that define the genre.

If you’re an energetic Do-it-Yourselfer without much remodeling experience, Job One is to gather professional opinions to minimize the likelihood of costly discoveries. But before you even get that far, there are some general concepts that veteran turnaround investors know. These are disqualifiers that make it much more likely that buying a home in Park City Utah will be a shrewd investment instead of dollar demolisher.

 Bad house, bad neighborhood

Is it worth buying a fixer-upper in a rundown or otherwise somewhat undesirable neighborhood? It can be tempting—especially when the asking price makes buying such a home a seemingly unbelievable value. But ignoring the ‘location, location, location’ truism is risky business. In many cases, such an investment may yield a diamond in the mud—a renewed structure that will never rise in value until the whole neighborhood rises in value (which could be never). Safer choices will be found in neighborhoods that don’t need remodeling themselves.

Bad house, good intentions

Buying a home in Park City Ut—especially when the neighborhood is fine and the price is more than right—can give rise to overly emotional decision-making. It can be tempting, when a property is almost okay, to make an instantaneous decision…but if you find yourself making excuses for this or that drawback, or finding yourself indulging in a bit of wishful thinking here and there, take a breath! Hopeful eyes may easily transform...