Park City, Utah is a true winter destination and the quintessential ski town. The city’s picturesque slopes, luxurious resorts, wide range of outdoor and indoor activities – not to mention a dose of Hollywood glamor during the yearly Sundance Film Festival – make it one of the most desirable places to live in the United States.
With so much on offer, it’s no surprise that people from all over the world are eager to be a part of Park City’s wonderful communities. As in any other place, however, many of the upsides come with potential downsides.
Before you start your search for the right Park City home for you, here are some things you need to know:
Know what to expect on- and off-season
Most resort communities like ski destinations or beaches are at their best during certain times of the year. The seasonal aspect of resort communities should be a major consideration when choosing your next home.
Winter is the peak season in Park City. Ski resorts are at their busiest and activities like skiing, snowboarding, and snowshoeing are in full swing. However, unlike other resort cities, Park City is just as alluring off-season.
Summer activities in Park City include playing golf, fly-fishing, horseback riding, hot air ballooning, and mountain biking. For those who want something more laidback, shops, museums, galleries, and shows are open year round.
Check out the amenities
Resort communities usually have more shops, restaurants, and entertainment options compared to other towns. All are designed to please the influx of people during peak months.
Park City’s Historic Main Street is lined with a mix of luxury apparel boutiques and specialty shops. Enjoy a delicious meal or try some locally crafted wines and spirits at one of over 150 restaurants in the city.
Resort communities also attract more performers and artists during events and celebrations. The annual occasions in Park City include the Utah Symphony/Utah Opera Deer Valley Music Festival, the Big Stars, Bright Nights Concert Series, and the renowned Sundance Film Festival.
Factor in the cost of living
As resort communities often sit on prime real estate because of their location and added amenities, expect to pay a little more for goods and services. To get the best deals on homes for sale in resort communities like Park City, get in touch with real estate professionals specializing in the area.
Consider the investment opportunity
You can purchase a home in a resort community to rent out and diversify your assets. Park City, for example, is one of the best places to invest in real estate, especially when it comes to ski properties.
If you’re using the property part-time, you can also rent it out for a substantial amount during peak seasons while still reaping the benefits of your vacation home.
Want to know more about living in a resort community? Contact Team Schlopy, the #1 Real Estate Team at Coldwell Banker, at 435) 640-5660 or firstname.lastname@example.org.