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New construction VS existing homes: Which is the better option?

Choosing between a new construction and an already built house ultimately comes down to what a future homeowner values more. Is it the opportunity to create a space that is specifically designed to your exact specifications? Or, is it the peace of mind of purchasing an existing home? While one isn’t necessarily better than the other, the best approach is the one that aligns with your homeownership goals.

The case for building brand new

Barring budget concerns, there are virtually no limits to customization. From designing the floor plan and choosing paint colors in every room to making space for high-end appliances, you can build a home that truly reflects your tastes and preferences. Building brand new is often the approach some buyers take when they can’t find the right home that exactly fits their needs.

As an owner of a newly built home, you don’t have to worry about maintenance issues for the first few years. A leaky faucet or loose window frame may pop-up at the outset, but the likelihood of experiencing major problems (e.g. roofing, drainage, foundation) is significantly lower. This may not apply to older or existing homes — some of which are likely to have underlying issues after years or even decades of use.

Building brand new also means having the option to choose energy-efficient materials and structural designs. For the environmentally conscious homebuyer, this is a major factor to consider. New innovations in home insulation, heating, and cooling can reduce a home’s carbon footprint and utility bills in the long run.

The case for buying existing homes

On the other hand, buying an existing home can also have advantages — starting with cost. It’s significantly cheaper when you don’t have to bother with drafting up an entire construction plan and securing the necessary building materials. Plus, you don’t have to deal with the stress of project roadblocks due to lack of supplies and materials.

Second, you can still introduce personal touches or customizations to an existing home. Whether it’s a dedicated gear shed for outdoor hobbies or a fresh coat of paint in the kitchen, you can still make further updates to make a home truly yours. When compared to full-scale construction projects, these additional changes or improvements do not cost as much.

Lastly, many existing homes already have decent — if not outstanding — locations in a neighborhood. It’s not uncommon to find homes sitting on a highly sought-after location despite being left unattended for years. In some cases, it may be worthwhile to restore and update these homes. With a stellar location and a few upgrades, property value can steadily rise and net a high return on investment for you in the long term. Moreover, new construction can be challenging if you can’t find a great location to work with in the first place.

Team Schlopy is ready to assist homebuyers in Park City, Utah

Whether it’s building a new home or buying an existing one, our licensed Realtors from Team Schlopy can guide you as you explore the Park City housing market. We will help you find a turnkey home that checks all the boxes and is ready for immediate occupancy.

Just get in touch with us at (435) 640-5660 or send an email to info@teamschlopy.com.

How to Have a Water-Wise Home in Utah’s Dry Climate to Conserve Water

Utah is filled with scenic beauty and breathtaking landscapes but it is also one of the driest places in the United States. Most of the water supply comes from mountain snowfall which either flows to aquifers below the ground or is collected in reservoirs.

Luckily, you can take simple measures to make your household in Silver Springs more water-wise. Best of all, most of these tips can be practiced for free.

Turn off the faucet. Make it a habit to turn off the tap when not in use between washing your face, shaving, or rinsing kitchenware. Use a glass of water when brushing your teeth so you don’t have to leave the tap running while you finish.

Take short showers. The typical four-minute shower uses up 30 gallons of clean water. To minimize water consumption, take shorter showers and turn off the shower head in between rinsing your hair or skin.

Check for leaks and have them fixed ASAP. Inspect the plumbing fixtures in your kitchen, bathroom, and garden regularly for leaks and have them repaired as soon as possible. Leaks can lead to water waste and drive up your water bill.

Upgrade to low-flow fixtures. If your plumbing is in excellent condition, consider investing in low-flow faucets, showerheads, and laundry machines. Low-flow fixtures only use as much water as you need for each task or chore. You don’t have to change all your fixtures at once. To keep your spending manageable, you can upgrade to low-flow fixtures one room or area at a time.

Run washers on full load. To conserve water, only run your laundry machine and dishwasher with full loads. This means waiting until you have a full load of clothes, dishes, and utensils before using washers.

Invest in a water-wise garden or landscape. If you’re an avid gardener, you can still conserve water by choosing drought-resistant shrubs and plants that require little water. You can also install mulch to minimize evaporation when you water your plants. Consider planting shade trees to help protect your plants from the sun. Avoid overwatering your plants, which is not only wasteful, but can also damage your plants.

Reconsider lawn maintenance. It’s nice having a large, green lawn but it does take a lot of water to maintain. Choose a property with a smaller lawn or none at all. If you want to have an expansive lawn, invest in weather-based irrigation controllers that override your sprinkler timer on those rare occasions when Utah gets precipitation.

Don’t let water go down the drain. If you still have some water left in your drinking cup or gym bottle, save it for another time. Don’t let precious drinking water go down the drain.

Form water conservation habits. You can take additional measures to minimize water waste. For example, you can collect used faucet or shower water that can be used to water the plants or wash the driveway.

If you’re one of many buyers who are looking for a home in Silver Springs, Team Schlopy is here to introduce you to the mountain resort lifestyle. Contact us at (435) 640-5660 or  Info@TeamSchlopy.com for inquiries.

Park City economy bounces back amid ongoing pandemic

2020 was a challenging year for the economy as businesses were impacted by the COVID-19 pandemic. But one year later, we can see how the Park City economy is bouncing back even as the pandemic goes on.

Record-breaking year in real estate

An area that has been doing exceptionally well is real estate. While the market stalled at the start of the pandemic, sales took off when lockdowns were lifted, breaking records over the past year. Things are certainly looking up in the industry as the trend is predicted to continue this year.

Although inventory is currently low, it is still a little higher than it was at the same time last year. In addition, sales in the first quarter have gone up 50% compared to the previous year. Mark Jacobsen, president of the Park City Board of REALTORS, states that sales may break records once again this year if there is enough supply of properties.

Moreover, developments are moving outward from the hub of Park City towards Heber and Jordanelle. The trend shaped by the pandemic has seen a stream of new arrivals from other parts of Utah as well as from California, Texas, Florida, Nevada, Illinois, New York, and Arizona.

With stricter lockdowns enforced in other parts of the country, the mountain town has been an ideal spot for more affluent families to relocate to. Its abundance of outdoor spaces that allows for a more relaxed environment has attracted transplants coming from densely populated urban areas and has increased the demand for luxury real estate in Park City.

Recovering tourism and restaurant industries

Real estate is not the only area that is rebounding from the pandemic. Park City tourism is also gradually recovering as restrictions continue to loosen up. Although it’s not bouncing back as dramatically as real estate, tourism is doing better than expected, all things considered.

One of the things that have been driving people into the city is tighter restrictions in other parts of the country. Visitors from these areas are flocking into Park City to get a much-needed dose of the outdoors. With public health and safety measures in place around the city, they feel assured that they’ll enjoy a safe trip.

But while the outdoor industry is flourishing, restaurants have been struggling more over the past year. Some businesses continue to do well, but others are pressured to find creative ways to adapt to the situation and stay afloat.

The rate of unemployment in Park City has gone down, but it is still higher than average. Despite visitors continuing to come in, arrivals remain lower than before. On top of that, the rise in demand and prices of real estate is increasing the shortage of affordable housing. Finding a middle ground between economic health and public health safety has been a challenge, but one that the city is ready to face.

Want to know more about real estate in Park City? Contact our expert team at Team Schlopy today. Call us at (435) 640-5660 or email info@teamschlopy.com.

Top restaurants with outdoor dining in Park City

Park City makes for a beautiful setting for safe outdoor dining. Here are some of the best restaurants in the city where you can enjoy your meal al fresco.

Riverhorse on Main
540 Main St, Park City, UT

Located on Historic Main Street, Riverhorse on Main is one of Park City’s top restaurants and one of its oldest. This award-winning eatery features New American cuisine focusing on fresh local ingredients. Take in the sights as you dine from the patio overlooking Main Street. It is a true bucket-list destination the whole family can enjoy.

501 on Main
501 Main St, Park City, UT

Another must-try in Historic Park City is 501 on Main. Its menu offers something for everyone, including vegetarian, vegan, and gluten-free options. The family-owned business also offers a fine assortment of wines, beers, and cocktails. You can enjoy your dinner and drinks on the patio facing Main Street or on the second-level balcony.

Cafe Terigo
424 Main St, Park City, UT

Cafe Terigo’s warm and cozy atmosphere perfectly complements its hearty Northern Italian and Southern French menu. You can enjoy traditional flavors out on the brick patio, which is kept heated during the winter months

The Bridge Cafe and Grill
825 Main St, Park City, UT

The patio of The Bridge Cafe and Grill offers one of the largest and most scenic outdoor dining spaces in Park City, located at Town Lift on Main Street. If breakfast is your favorite meal, you can fuel up here at any time of the day. The restaurant is also well-known for its Brazilian offerings.

No Name Saloon & Grill
447 Main St, Park City, UT

If you prefer the night scene, head to No Name Saloon and Grill. Known for its Buffalo Burger, this bar on Historic Main Street is a favorite hangout for its selection of pub grub and drinks. Its rooftop patio is heated and open all year round, affording diners a great view of Main Street.

Butcher’s Chop House & Bar
751 Lower Main St, Park City, UT

On the first floor of Caledonian Hotel, you’ll find Butcher’s Chop House and Bar. This classic steakhouse is best known for their prime cuts of beef and cocktails. Take in the majestic view of the mountains and plaza as you feast at the outdoor patio. In the winter, Butcher’s Chop House opens Alpenglobes on their patio so you can still enjoy al fresco dining.

Davanza’s
690 Park Ave, Park City, UT

Grab a snack and relax in a casual setting at Davanza’s, located on Park Avenue. The local hangout serves up the best Philly cheesesteak subs in Park City, but their pizzas, burgers, and handmade tacos are just as good. Have a seat on the porch where you can enjoy the fresh mountain air as you dig in.

There are plenty of options for safe and satisfying outdoor dining in Park City. Learn more about the local scene and lifestyle. Reach out to Team Schlopy at (435) 640-5660 or email us at info@teamschlopy.com.

Keeping it safe & fun: Things to do in Silver Springs

Silver Springs is a beautiful Park City community that makes a peaceful home with its relaxed vibe and quiet, tree-lined streets. It has easy access to two lakes and trails that lead to multi-purpose parks. But local recreation doesn’t stop there. Silver Springs is conveniently located close to many Park City attractions, opening more options for leisure.

With vaccines now available and pandemic restrictions easing up, there is no shortage of activities you can safely engage in when you live in Silver Springs. Here are several activities you can enjoy in and around the neighborhood.

Big Lake and Little Lake

Open to Silver Springs residents, Big Lake is a wonderful place to enjoy the water. Here, you can paddle in a canoe or kayak or ride your paddleboard. A smaller lake called Little Lake can also be found in the area.

Multi-purpose parks in Silver Springs

A well-maintained trail system in the neighborhood connects to Willow Creek Park and Matt Knoop Park.

You can enjoy picnics with the whole family in Willow Creek Park, which also has tennis, basketball, and volleyball courts, playgrounds, multi-purpose playing fields, a fenced-in dog park, and a pond. Meanwhile, Matt Knoop Park features a turf soccer field and a playground that bigger kids can enjoy.

Mountain biking and hiking in Park City

Park City, with its 450+ miles of public trails, is the first Gold Level Ride Center designated by the International Mountain Bicycling Association. You can easily find a trail to suit your preferences.

Park City Mountain Resort and Deer Valley Resort are two of the best places to go mountain biking. If you prefer to move on foot, go hiking and explore the Park City trails.

Utah Olympic Park

Utah Olympic Park was constructed for the Salt Lake 2002 Olympic Winter Games. It spans nearly 400 acres, and offers a host of adventures including zip lines, Nordic ski jumps, and more. It also houses the George Eccles Salt Lake 2002 Winter Games Museum, where you can virtually experience winter sports through interactive exhibits.

Woodward Park City

Enjoy action sports all year round at Woodward Park City. You can go skiing, snowboarding, and tubing in the winter, or mountain biking during the rest of the year. The campus also has facilities for BMX, skateboarding, scooter, parkour, and cheer, complete with trampolines, foam pits, and airbags. There’s a cafe and bar if you want to take a breather or just chill out.

Park City Main Street

Historic Park City is always a joy to explore. It has a lot to offer with its restaurants, boutiques, and galleries. Drop by the shops, bookstores, and cafes during the day, or hang out in the clubs and wine bars at night. You can rest assured that these businesses are following public health and safety protocols so you can stroll, shop, and dine without worry.

A lot of activities await you in and around the Silver Springs neighborhood. Find out more about the Park City lifestyle. Call Team Schlopy today at (435) 640-5660 or email info@teamschlopy.com.

No pandemic can stop you from enjoying these summer adventures in Park City

Park City may be best known for its winter activities, but it also offers great recreational options all year round. Summer, in particular, has plenty of fun outdoor activities that you can enjoy even amid the pandemic. Here are some exciting activities you can safely enjoy in Park City this summer.

Go mountain biking along a mountain trail

With over 450 miles of public trails, Park City offers plenty of options for mountain biking. The city is considered a Gold-Level Ride Center by the International Mountain Biking Association, making it a haven for mountain bikers.

Choose from local favorites like the Mid Mountain Trail, Lost Prospector, Flagstaff Loop, and many more. Regardless of your skill level, you can find the perfect track to experience the exhilaration of riding in the open air.

Take a tour on horseback

If mountain biking is not for you, you can enjoy a different kind of ride in Park City. Take in the city’s breathtaking landscape on horseback. A number of companies and attractions offer guided horseback rides, such as Red Pine Adventures, Destination Sports and Adventures, Boulder Mountain Ranch, and Blue Sky Utah in nearby Wanship.

You can choose from several options of public trails or exclusive private tours, which range from hour-long rides to several hours of adventure.

Go on a zipline adventure

If you’re not afraid of heights, ziplining might just be the thrill you’re looking for. You can view the city’s scenic mountains and flowing rivers from a different perspective. A variety of zipline adventure tours await you, offered by local outfitters like Flying Eagle Zipline, Utah Olympic Park, and Zipline Utah.

Go whitewater rafting

What is summer without a little water activity? In Park City, you can get your refreshing dose of water by going river rafting on the Weber River or Provo River. It’s one of the best activities you can enjoy with a group regardless of age.

Choose from many options depending on your level of experience and the size of the group. Park City Rafting, Utah Outdoor Adventures, Destination Sports and Adventure, and All Seasons Adventures are just some of the companies offering exciting river rafting trips.

Try out fly fishing

The Weber and Provo rivers are both considered blue-ribbon fisheries, well-stocked with trout. If you prefer still waters, you can also go fishing on the reservoirs of Strawberry, Rockport, Echo, and Jordanelle. Park City guides can take you to the best spots to fish on half-day and whole-day fishing tours.

See the city on a hot air balloon

Take in the sights from the sky in a hot air balloon. Guides like Skywalker Balloon Company and Bigfoot Balloons offer trips that can carry around four to 12 passengers. You can also schedule a two-person trip if you want to (literally) elevate your date night.

Despite the pandemic, you can look forward to a lot of fun and safe activities in Park City this summer. Let Team Schlopy be your guide to Park City’s exciting mountain resort lifestyle. Call us at (435) 640-5660 or email info@teamschlopy.com today.

Top 3 health benefits of playing golf

Apart from the fabulous skiing, snowboarding and mountain hiking experiences Salt Lake City and Park City have to offer, you can also enjoy a great round of golf here.

One of the best places to play golf in Park City is Jeremy Ranch Golf and Country Club. Located in the upper east canyon of the Wasatch Mountains, this Arnold Palmer-designed golf course is a haven for golfers of all stripes, from beginners to professional golfers.

Many are discovering that going on the green daily is not only fun but presents many health benefits, too. Here are three ways playing golf can enrich your life physically, mentally, and socially.

Great for the body in several ways

Golf is simply good exercise. It’s a very effective low-impact activity that people, old and young, can get into. The sport involves a lot of walking from one hole to the next, which is a good form of cardio. It increases one’s heart rate and improves blood circulation.

Some studies have also shown that even as a spectator sport, golf has benefits too! Those watching on the sidelines reportedly take 7,000 to 10,000 steps as they follow along, which means you can hit your daily steps target easily and without having to play.

Speaking of steps, 10,000 is the magic number for those who’d like to lose a few pounds according to researchers. When one plays golf for a few hours, one can easily hit that target and then some!

Don’t discount the effect of playing golf in a beautiful outdoor setting, either. Just being outdoors and breathing fresh air is good for the body. It can instantly make you feel more invigorated. Studies show that those who spend time outdoors are at a significantly lower risk from various chronic health problems such as obesity.

Even better for the mind

Playing golf stimulates one’s balance and concentration with every swing. Plus, the physical activity involved in playing increases the production of endorphins in the brain, which reduces stress and anxiety.

It’s no wonder that a lot of people play golf to de-stress after a hard week’s work at the office. Golf also enhances brain stimulation, which makes it perfect for improving one’s memory and slowing down brain degradation as well as cognitive decline.

Does wonders for one’s social life

Don’t underestimate the benefits of having a stable social life and healthy interactions with other people. Playing golf is a wonderful bonding activity for friends and family, even complete strangers. It promotes good, friendly competition. And when you play in teams, the sport fosters camaraderie and boosts morale.

Whether it’s during the game or hanging out after, golf brings people together in ways that strengthen existing bonds and helps create new ones.

Curious about all the golfing opportunities you can enjoy in Park City and Salt Lake City? Check out our blog or get in touch with Team Schlopy today by calling (435) 640-5660 or send an email to info@teamschlopy.com.

5 Essential tips to stay COVID-free this summer

With the COVID-19 vaccination program well under way in Utah, many parts of Utah are reopening and just in time for the summer. Here are five essential tips that will help keep you COVID-free as you enjoy what Park City has to offer this season.

Best practices are still best

A year into the global pandemic, the simple reminders that health experts have handed down to the public are just as relevant and practical today as they were in the early days.

When you’re out in public, make sure to observe social/physical distancing of at least 6 feet. Practice proper handwashing with soap and water as much as possible. If you can’t, disinfect with alcohol or sanitizer. Avoid touching your mask and your face.

While Utah has lifted its public health mandate for using face masks in public spaces, each establishment might still have their own health guidelines regarding face masks. It would benefit everyone to respect these guidelines upon entry, especially if you’re going in an enclosed area. At restaurants, only remove your mask when you’re about to eat. Wear it as soon as you’ve finished eating.

Choose outdoor activities in wide, open spaces

According to health experts, selecting outdoor activities limits the risk of exposure to the virus compared to doing the same activity in an enclosed, indoor setting.

Why not go for a walk or run on a trail instead of getting your health fix inside an enclosed gym? Biking is also a good option for physical activity outdoors. Remember to select parks and trails with minimal crowding and remember to maintain social distancing.

Call ahead before making any plans

While it’s true that most businesses are open now, it would still be wiser to call ahead to check with the establishment prior to making plans. Inquire about schedules, business hours, as well as health policies beforehand. It will save everyone’s effort, time, and keep disappointment and frustration from ruining fun plans.

Look into disinfecting gadgets for the home

There are a slew of high-tech devices in the market that can help you disinfect, not just yourself, but your home and your gadgets.

One device to check out is a UV phone sanitizer. These come in handy sizes so you can take yours just about anywhere. Some of these UV sanitizers are very stylish, too! Just pop in your phone, leave it inside for five minutes, and it comes out sanitized and free from any virus or bacteria it may have picked up while it was being used outside.

Always have these inside your bag

Do a quick check before heading outdoors. Hand sanitizer? Check. Cloth face mask? Check. Travel tissues? Check. It never hurts to take the extra minute to make sure you have these basics before going outdoors. Once you’ve gone through the checklist, it’s easier to head out and enjoy the summer worry-free.

Got any more questions regarding health guidelines in and around Park City, Utah? Get in touch with Team Schlopy today by calling (435) 640-5660 or send an email to info@teamschlopy.com.

Park City Real Estate Market Statistics and Trends in 2021

https://pixabay.com/photos/park-city-utah-town-architecture-1136596/

As visitors start returning to Park City for the summer with extra safety precautions, the housing market is seeing an uptick in activity and robust sales. This trend is partially due to buyers feeling more comfortable about purchasing a second home in one of the county’s top vacation destinations.

Park City, UT real estate trends

Park City’s real estate market trends lean towards low inventory, increasing prices, and fewer days on the market. The number of units sold increased by 78% from 2,874 in June 2020 to a staggering 5,130 in June 2021 with sales activity outpacing the number of new listings. The result is a highly competitive market. The most desirable and best-priced properties tend to sell quickly.

Home and land prices were already increasing even before the pandemic. The housing market was very active in 2019. And while the pandemic temporarily paused activity for roughly three months in 2020, the following year has seen an uptick in real estate activity.

Based on Park City MLS data for all housing types, the average sales price climbed 34%, from $940,000 to an impressive $1,260,000. The median sales prices also increased by 25%, jumping from $593,000 to upwards of $744,025.

Park City, UT real estate market has rebounded from the pandemic

As already mentioned, real estate activity screeched to a halt for over three months after the World Health Organization (WHO) declared a global pandemic and as local governments imposed restrictions. As the economy slowly reopened and restrictions were lifted, real estate activity resumed in Park City, with the focus on larger residential properties that were ready for immediate occupancy. Realtors observed continued demand and sales activity began to extend to condo units and vacant land.

The uptick in sales activity was initially driven by buyers looking to escape from congested  metropolitan areas with heightened restrictions across the United States. However, this real estate trend eventually evolved into a more long-term lifestyle change for many buyers. Realtors in Park City still expect single-family homes to be the main focus of real estate activity in the area.

However, they are also seeing increasing demand for ski properties, golf course properties, vacation condos and custom homes as buyers become more confident about making real estate purchases.

How buyers are financing real estate purchases in Park City, UT

Real estate experts have noted stringent lending requirements in 2021 with banks and lenders exercising more caution in approving home loans. But buyers have found ways around stricter loan requirements. According to Inside Park City Real Estate, 49% of total real estate transactions in Q1 2021 were cash purchases.

Realtors have also observed that the modern buyer tends to be exceptionally qualified to purchase a property. They also have different motivations for buying, which are primarily pandemic-related lifestyle and work changes coupled with pent-up demand.

If companies continue to allow buyers to work remotely, Realtors speculate that they will continue to see an influx of new residents in Park City and the surrounding areas.

If you’re one of many buyers who are looking for a home in Park City, Team Schlopy is here to introduce you to the mountain resort lifestyle. Contact us at (435) 640-5660 or  Info@TeamSchlopy.com for inquiries.

The Complete Guide to Buying a House in Utah

Ready to buy a home in Utah? This guide will help you understand the different steps involved in buying a home in Park City and the surrounding communities.

Determining your budget

One of the most important steps to buying a house in any market is to figure out how much home you can afford. Knowing your budget will help streamline the search process and help minimize the frustration of making an offer on a home outside your price range. Getting pre-approved by a lender will also make you a more attractive prospect to sellers. If you’re paying cash for the home, make sure you have sufficient cash reserves.

Aside from determining how much you can set aside for down payment and monthly mortgage payments, you’ll also need to consider related expenses such as renovation costs, closing costs, relocation fees, utilities, and emergency repairs. The cost of living in Utah varies from one city to the next, so getting a feel for the lifestyle will help you determine whether Park City is right for you.

Choosing a suitable home

Utah has a diverse housing market with fantastic build and impressive architecture. Buyers are spoilt for choice when it comes to single-family homes, townhomes, and condos. From Swiss chalets to Contemporary-style homes, you’re bound to find what you’re looking for in Park City and the surrounding communities.

No matter the housing type or style you prefer, always make sure that the property’s heating system is running efficiently. This will keep you comfortable in the cold winter months.

It’s also worth checking the air conditioning units even when you’re buying in the fall or winter. This gives you plenty of time to ask the seller for repairs or replacements in time for the summer months.

In short, don’t skip the home inspection before making an offer. Pay extra attention to the property’s HVAC system to avoid any problems down the road.

Choosing a town, city, or neighborhood

After setting a budget, you’ll have an easier time deciding which community matches your lifestyle and preferences. Are you looking for a city with a vibrant dining scene? Do you want to have quick access to outdoor attractions? What kind of schools are you looking into? The answers to these questions will help narrow down your choices.

Park City is known for outdoor activities like hiking and cross-country skiing, making it ideal for buyers who want to be more physically active or spend time outdoors. Since the area is a huge draw for vacationers, it’s a good place to invest in second homes or rental properties for those who want passive income. Local experts also say that homes in Park City retain their value fairly well, making them a good long-term investment for buyers who want to resell later on.

But even if you don’t want to generate income or profits from your home purchase, you’ll be happy to know that the city ranks highly in terms of livability, with good schools, shops, restaurants, and outdoor activities.

Timing your home purchase

When’s the best time to enter the market? It depends on how you look at it. Real estate activity in Park City varies with the season or time of year.  Most agents will say summer and spring are peak seasons with the housing market in full swing. The pleasant weather makes it easier for buyers to head out and view properties. There’s also the added bonus of having great weather on the day of your move.

But this also means that there’s more competition for the best priced properties in the market. It could also mean a more expensive market with strong competition pushing buyers to offer higher than the asking price.

If you decide to buy a home in spring or summer, come prepared. Get your finances in order and be ready to make quick decisions to secure your dream home. The most desirable homes tend to sell fast in most of Utah during peak season, especially in popular areas like Park City.

The winter months from November to February are not as busy. Few buyers are willing to move house in the biting cold and most are busy attending family events and other functions during the holiday season. But don’t let that deter you from the home search. Since business is slow in the winter months, there’s less competition in the market. Sellers might also be more willing to accept a lower offer price if they’re strongly motivated to offload the property and are not getting as much interest from buyers.

Working with a Park City real estate agent

There’s no substitute for professional guidance when buying a home. No matter the market conditions or season, working with an agent will help you come up with the best strategies for buying a home. They will also help you stay on top of paperwork and requirements to help you stay on schedule.

If you’re ready to find your dream home in Park City and the surrounding area, contact  Team Schlopy . Call us at (435) 640-5660 or send us an email  Info@TeamSchlopy.com for any inquiries.

Best Time to Purchase Real Estate Properties in Park City

Most experts believe that the Park City housing market has two selling seasons that make for year-round real estate activity, which means that buyers and sellers won’t miss a beat no matter which time of the year they decide to enter the market.

Spring

For single-family homes and primary residences, buyers and sellers tend to get ready in the early spring, which takes place in Park City much later than other towns and cities on lower elevation. Sellers are generally advised to take advantage of spring weather for maximum curb appeal and stunning real estate photos and videos.

If you’re buying from out of state, early spring is an excellent time to enter the market, ahead of the influx of late spring and summer buyers.

April and May constitute shoulder season in the city, marking the transition from winter to spring. During this time, the trees are usually bare and there is no lush greenery to generate curb appeal. However, the lack of competition should incentivize some sellers to list their homes earlier than everyone else. There are fewer desirable homes in the market when there is still snow on the ground, increasing the likelihood of a successful sale for beautiful properties that get listed.

Winter

Buyers should consider getting pre-approved for a loan in late winter  and do their research on listings, schools, neighborhoods, and amenities. This will help ensure that you come to the market fully prepared to make an offer on the early season’s newest listings.

If you’re buying a home in Old Town Park City, be aware that the majority of properties in the area are rented out in the winter. When the homes are occupied, most buyers are unable to view properties during winter trips. Many of these buyers end up on Main Street and look at available properties there instead. They schedule another buying trip for the next summer, when properties are unoccupied and are available for viewing from June to August.

Fall

Fall is another busy season for buyers who chose to rent and put off the home search until the right property entered the market. Many are second home buyers who want to look at homes in some of the quieter neighborhoods. There is less activity and competition in the market compared to the spring and summer seasons, so buyers don’t feel rushed to make offers in the fall and, as a result, feel more confident about making a purchase.

No matter the season or market, it’s important to come prepared. If you need to secure financing, it;s best to get pre-approved with a  lender ahead of time. If you’re paying cash, make sure you have a proof of funds letter from a reputable banker.

If you’re ready to explore your options in Park City, Team Schlopy is ready to assist you. Contact us at (435) 640-5660 or email  Info@TeamSchlopy.com for more information.

How to have fun & adventure in Salt Lake City this year

As the capital city of the Beehive State, Salt Lake City is a bustling and thriving community filled to the brim with things to do. While most of the action spikes during the winter, you can still have fun and adventure in Salt Lake City all year round. Here are our favorite SLC picks that are not to be missed!

For the history buff

Salt Lake City has one of the richest histories in the nation. Get to know more about it from its focal point: the Historic Temple Square. Locals consider this an icon of Salt Lake City as it is the headquarters of the Church of Jesus Christ and the Latter-Day Saints.

Many seasonal activities take place at the Historic Temple Square, including free concerts and seasonal events. During Thanksgiving season up until New Year’s, holiday lights adorn the whole square, casting a festive glow that brings visitors and residents together. If you’re lucky, you might also catch the Mormon Tabernacle Choir rehearsing on Thursday evenings.

Another site to see is “This is the Place Heritage Park“. This state park offers history enthusiasts a glimpse of what life was like during Utah’s early years. You can walk around and into carefully recreated buildings from the period such as farmhouses and shops. You can also interact with blacksmiths and woodworkers about their craft.

Take the scenic route

Talk to anyone living in Salt Lake City and they’ll tell you that one of their favorite things to do is going on scenic drives in and around the city no matter the season.

Big Cottonwood Canyon is one of the best scenic drives near Salt Lake City. A roundtrip drive should take about an hour to cover 15 miles of alpine scenery. You’ll pass by a few picnic areas as well as trailheads if you want to squeeze in a hike.

Mirror Lake is also not to be missed. Starting from Salt Lake City, this scenic drive will take you all the way up the Uinta Mountains with the highest point at 10,715 feet. Other attractions along the 42-mile drive include Bald Mountain Pass, Provo River Falls, and Bear River ranger station. Bring a picnic blanket, your fishing gear, and dress for the outdoors.

Soak up some SLC culture

For the forever-curious entertainment junky, Salt Lake City is full of surprises. Got a hankering for live comedy? Wiseguys Comedy Club is open with weekly open mics featuring local talent! Check out their lineup for upcoming standup acts. You might just see a few familiar funny faces or your next favorite comedian.

For the true renaissance fan, The Leonardo should top your list. Locals consider it one of the most unique Salt Lake City experiences. Let a visit spark your creativity and sense of innovation. A day is not enough to explore everything it has to offer, from exhibits to classes and workshops.

If you’d like to know more about Salt Lake City’s unique attractions and find more fun things to do, get in touch with Team Schlopy. Call us at (435) 640-5660 or email info@teamschlopy.com today for more insider recommendations.

New food adventures to try in Park City, Utah

Park City, Utah is world-famous for four things: the U.S. national ski team, winter sports, the Sundance Film Festival, and last but not the least, the exciting local culinary scene. Today, we’re checking out unique food adventures Park City has to offer.

Here are four of the best and most exciting restaurants that you should try this summer.

Vessel Kitchen
1784 Uinta Way #E-1, Park City, UT

Founded in 2016, Vessel Kitchen promises “comfort food made new,” served in a setting that’s a happy medium between casual and fine dining. More refined and thoughtful than down-home food but just as relaxed, it’s an environment where you will want second helpings of your healthy and “healthy-ish” fare.

Using locally sourced and seasonal ingredients, Vessel Kitchen elevates crowd favorites and classics. Choose from signature plates like Hash Hash (their take on braised beef and sweet potato hash), and Chicken and Grains (shredded chicken, coconut rice and spicy green sauce). Walk-ins are welcome, but book for larger parties. They deliver, too!

Cortona Italian Café
1612 W Ute Blvd #112, Park City, UT

Feel at home at Cortona Italian Café. This cozy spot near Kimball Junction is best-known for their classic Italian dishes, made from recipes passed generation to generation.

Whether you’re dining in or ordering food for delivery or curbside pick-up, don’t forget to try the Cortona classics: Nona’s meatball with parmesan cheese and homemade sauce, their four-sheet and cooked-to-order lasagna, cannoli made with shells imported from Sicily, and the housemade gelato, available in several flavors.

Chop Shop Park City
Newpark Town Center, 1177 Center Dr, Park City, UT

Chef John Courtney worked in several well-known restaurants such as Hattie B’s and Carson Kitchen in Las Vegas before coming on board on this latest venture.

Along with co-owners Chuck Heath and Dan Ibach, Chop Shop Park City takes the humble concept of a butcher shop, turning it into a communal celebration of cured meat and cheeses. You’ll have a great time browsing through the best cuts of meat in Park City and assembling your own custom charcuterie board.

Chop Shop Park City’s special curated trays all come with house pickles and crusty bread, perfect for date night or party night. Dine-in and curb-side pick-up are available.

Twisted Fern
1300 Snow Creek Drive, Suite RS, Park City, UT

You will love the clean dining offered at Twisted Fern, owned by chef Adam Ross. “Creative, conscientious New American cuisine” is what this restaurant is all about. With sustainability and conscious living at the core of his food philosophy, you’ll be treated to a farm-to-table dining experience that features the best and freshest of local ingredients cooked in creative and thoughtful ways.
Don’t miss their pumpkin risotto and their butternut shakshuka.

Dine-in, patio dining, and curbside pick-up are available. Reservations recommended.

We’ve got more gastronomic recommendations in Park City that we can’t wait to share with you. Get in touch with Team Schlopy today to learn more. Call us at (435) 640-5660 or send an email to info@teamschlopy.com.

What You Need To Do Before Moving Into Your Downsized Home

Photo Credit: Unsplash

What You Need To Do Before Moving Into Your Downsized Home

No matter what phase of your life you’re in, choosing to downsize your home can be a fantastic idea. The number one reason for downsizing is that you’re saving money, something people of all ages can appreciate. With a lower your mortgage payment or not having one at all if you’re able to pay for your new home with the sale of your old one, you’ll be able to pay off debt, beef up your retirement plan, and put a little more cash toward doing things you enjoy—which you’ll have more time to do since you won’t be wrapped up in housework and maintenance. If that isn’t enough to take a load off your shoulders, you’ll also have lower utility bills and taxes to boot. Before jumping ship, make sure you create a strategic plan so you don’t tack on additional moving stress. Team Schlopy presents some tips to get you started.

Hire a Professional Organizer

Decluttering a home can be an extremely overwhelming process no matter your age. For seniors, it can be difficult to go through so many objects that have a lifetime of memories. For those just starting out, you may have your kids’ things to deal with on top of your own. To expedite the decluttering and packing process while helping you move into your new home in a non-chaotic manner, hire a professional organizer. These pros are becoming one of the most popular in the home-organizing industry—and with good reason. Their services have been touted as “life-changing,” and sometimes you just need an outside source to help you figure out what to keep and what to toss/donate. A professional organizer can also help you strategize the move into your new home so you’re not sitting there overwhelmed by a pile of boxes.

Make Home Improvements to Increase Resale Value

The amount of money you’ll save each month depends on how much you’re downsizing. MoneyNing offers one example where you could save approximately $458.75 a month if you reduced your home size by 25 percent. Again, this depends on your mortgage rate and the cost of utilities and property taxes. To boost that number, consider making home improvements to increase its resale value.

Things to Consider Before Moving Into Your New Home

  • Make Accessibility Changes if You’re a Senior

Whether you decided to downsize doesn’t change the fact that most seniors feel more comfortable making accessibility changes in their home. If your downsized home isn’t already equipped with features such as safety rails and a walk-in shower (with chair) in the bathroom, wider doorways, a ramp for someone with a wheelchair, and lower countertops and shelves for general mobility issues, consider installing what’s needed before you move in. Even if you don’t need any of these adjustments right now, you may in the future, so take care of the installations in advance of a crisis. Keep in mind that you’re not obligated to pay for these modifications should your medical provider be able to verify that you’re in need.

  • Handle Any Remodeling in Advance

You may be moving into a home that has had recent upgrades and remodeling tweaks. Even so, it’s possible that not everything is to your liking, so you should do any major remodeling before moving in so everything doesn’t become dusty and cluttered right away. Along with minor remodeling in the bathroom and turning an attic or basement into a functional living space, kitchen remodels are among one of the most popular projects among homeowners. The money you’re saving from downsizing can be used to remodel your kitchen.

Lastly, don’t forget to change the locks on your new home after you move in. Since you don’t know how many keys for the property are out there, it never hurts to bring in a pro to rekey your doors. Just remember to set aside around $50 to $150 per lock for this task.

Consider switching up the decor in your new home to give you an even more positive feeling about downsizing. Choose items that are better suited to your new home’s space and configuration. Don’t stress out about the process of moving into a smaller house. As long as you prepare in advance, you’ll be able to transition into your new home without feeling like it’s cluttered and disorganized.

Looking to downsize? Team Schlopy can lead you through the complete home selling and buying process. Call (435) 640-5660 to get started today!

Team Member Highlight – Kristy Schlopy-Harrigan

 

Park City, Heber Valley, and the surrounding areas are such great places to live and work, which is why Kristy and her husband, Phil, chose to call Midway home. With roots in Southern California, Kristy visited her family (Uncle Kent & Aunt Marny) in Utah often and decided it was time to make new memories here. She has always loved creating a home rich in beauty and warmth, giving her the ability to help others see the potential in their future property. She believes everyone should own a home, not a house. Kristy has also lived in New York, Paris, and Vail and thrives on meeting new people and making connections between old and new friends. 

1. What does the Park City Lifestyle mean? The Park City Lifestyle is “Energizing”. Waking up every day to the ever-changing surrounding beauty brings a sense of hope and invigoration to seize each day for what it offers. I love the changing seasons and the recreational activities available to all the Park City residents. My husband and I have big families and the close proximity to Salt Lake lends itself to convenient visits. There is so much to do, so many restaurants to frequent and so much natural beauty to take in, I know there is a new adventure around every corner!

2. Favorite neighborhood in Park City and why? Silver Springs is my favorite neighborhood in Park City because that is where Kent and Marny (my Uncle and Aunt) lived for many years. I have many fond memories of those visits before deciding to move here. The winding roads, mature vegetation and Swaner Preserve help make Silver Springs a magical place to be. When my husband and I moved to the area, we bought a home in Midway. When I open my blinds each morning and capture the views of the mountains, I sigh with gratitude and satisfaction. I have to remind myself that I am in Utah, not Switzerland.

3. Favorite winter & summer activity in Park City and why? My favorite winter activity is skiing while my favorite summer activity is biking. Now that I am a full-time resident, I plan to take advantage of all the other activities available each season. I would like to do more Cross Country Skiing and spend some time on the reservoirs kayaking and paddleboarding. The opportunities are limitless, really.

4. Favorite dining spot and why? In Park City, my favorite dining spot is the hut on Deer Valley that serves Lobster Rolls. The most delicious role I have ever tasted including those in Boston, MA!! Throw in the spectacular views and the superb skiing….doesn’t get better than that. The Midway Mercantile is my favorite Midway restaurant. Love the outdoor patio, the farm-to-table food, and the service. Great place to take out of town friends and family members. It gives them a great “Taste of Midway Village”.

5. Favorite season in Park City and why? I don’t think I have a favorite season in Park City. I value each season for what it brings. Winter’s are majestic, Spring’s portend anticipation, Summer’s allow long days filled with activities, and Fall’s cool weather and colors inspire awe. As residents, we are truly blessed.

6. Why choose Team Schlopy as your Realtors? With over 30 years of experience in Park City, The Schlopy’s truly are the #1 Team. Their clients don’t work with a single Realtor inundated with tasks outside of his/her scope of experience, instead, a bonafide TEAM of experts represents them. The Schlopy’s possess a long history of being sports enthusiasts and I think it was genius for them to develop a business model on the concept of a sport’s team: each player is carefully chosen for his/her strengths which are applied to the entire team which means success and satisfaction for each and every client.

7. The most important thing to know about selling a property in Park City? Anybody selling property in Park City should have support from an expert. Without representation, so many issues and mistakes are possible. Team Schlopy surrounds each client with a wide range of support. In a way, a seller becomes a new member of the Team Schlopy and all the other players protect and support their teammates during the event.

8. The most important thing to know about buying a property in Park City. A good number of buyers are from out of town and benefit greatly from the inside track, local knowledge Team Schlopy brings to the table. They take the time to get to know the client and his/her wants/needs and find properties that complement these criteria. Because of the quality time spent with each client, the client/realtor relationship oftentimes evolves into a lifelong friendship. This is very unique to Team Schlopy.

9. What is the best thing about being with Team Schlopy? Being a member of Team Schlopy has been an experience of a lifetime. The support, developmental tools, and commitment they have given me are unprecedented. My personality lends itself to being a Team Player and I can’t think of a better team in Park City than Team Schlopy. Truly, every day is filled with adventure, fun, and new friendships that carry me into the future.

Kevin Crockett Realtor
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