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Real Estate in Park City, UtahAnd why not? Park City is home to the Sundance Film Festival, the 2002 Winter Olympics, and 3 major ski resorts. Of course, there's more than just skiing there, with plenty of activities in the warmer months. Being such an ideal vacation spot makes Park City, UT the perfect place to own a second home, rent, or even live there year-round. In fact, there are almost three times as many second homes as there are primary, and there is a large seasonal rental market. What kind of real estate is available? No matter is you want a primary home or a vacation rental, you can find most anything in Park City. Choices include homes, luxury estates, condominiums, or even vacant land on which you can build. How much does it cost? Homes in Park City don't come cheap. The exposure that the city received during the 2002 Winter Olympics resulted in the volume of real estate tripling, and a subsequent 50% increase in home prices. Statistics vary, but the average home price is between $426,344 and $530,299. The average condo is estimated to cost $337,288. You can rent a place in Park City with prices ranging from around $1,000-$10,000+ per week, depending on the time you visit and the accommodations you choose. What do I do if I decide I want to live there? There are a variety of resources available to those who want to rent, buy, or even relocate to Park City. There are countless numbers of real estate agents and companies that can be found online, and the Park City Chamber of Commerce has many online resources available for those looking to move into the area, including a relocation packet. Park City, Utah certainly has something to offer every visitor and resident. With the gorgeous mountain scenery, the activities, culture, shopping, dining, and more, it is no wonder that what started as a small community has now grown into a major destination city. |
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