Friday, December 28, 2018

Mortgage rates are on the rise






Mortgage rates increased this week. Is it time to lock in a lower rate?
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Tuesday, December 18, 2018

Pendry Park City Residences Modern Luxury on the Mountain.


Pendry Park City will be conveniently located in the heart of Canyons Village at the entrance to Park City Mountain. Construction is set to begin early summer 2019 and be completed for winter 2021.  Pendry Residences will offer a spectacular luxury ski-in, lift-out resort will be developed at Park City / Canyons Village, one of the largest ski areas in the United States
Scenic beauty, convenience, countless recreational activities and fresh air all rolled into one stunning destination - Park City, Utah.  It’s here you’ll discover a new Pendry resort rising at the base of Park City Mountain Resort in the heart of the revitalized Canyons Village.
Opening winter of 2021, Pendry Park City will be the ideal base for outdoor adventures in every season. Our prime ski-in/ski-out location offers 7,300 acres of exceptional terrain paired with all of the services of a luxury resort, including ski valet, Spa Pendry, fine dining and a rooftop bar and pool. During the warmer months, hiking, mountain biking, and outdoor concerts are equally enticing endeavors.
A modernist take on a traditional alpine lodge, the resort will feature 150 guest rooms and suites, along with fully serviced Pendry Residences Park City ranging in size from studios to four-bedroom homes. Pendry Park City beckons with views of the Wasatch Range, clean design and the coziest of beds. A mere 35-minute drive from Salt Lake City International Airport, this stunning mountain getaway is easily accessible from either coast.
The resort is being developed by Pendry Hotels and Columbus Pacific.  
Although I am not a member of the Pendry Sales staff, I do work hand in hand with them and can provide you with the most up-to-date information on Pendry Park City Residences. I would be representing you as an unbiased Buyers Agent on this development or other areas of Park City.  Contact Paula Higman - Engel & Völkers at 435.602-8228 for more information on Pendry Park City.


Monday, December 3, 2018

FREE HOME EVALUATION….$495 VALUE

From Paula Higman
890 Main Street 5-101
Park City, UT 84060
435.602.8228 Call or Text today...









Thursday, November 8, 2018

Quality Of Life - Reasons to Live in Park City




1.    Cost of Living: Moving from high-tax states like New York and California can reduce living costs substantially, especially given new tax laws. According to TaxFoundation.org, Utah ranks middle of the pack nationally (25th) for state income taxes with a maximum rate of 5%. For combined sales tax, Utah is 29th at 6.77%. As for property taxes, the Beehive State is 40th at an average of 0.65%. However, the property tax rate in Summit County (Park City) is only 0.463%. According to some back-of-the-napkin math, you'll get three- to four-times as much house for the money compared to LA's West Side. And property values appreciated 9.9% annually as of Q1, which ranks fifth in the country according to the FHFA.


2.   Education: The public school system is the best in the state, and Park City High School ranks in the top 2% nationally. Park City public schools let out at 12:30pm on Fridays so students can go skiing or participate in other sports. There is also Winter Sports School, a charter high school that operates on a reverse schedule to accommodate winter competition and travel. If private school is preferred, Park City Day School goes from kindergarten to eighth grade and has been under the leadership of Ian Crossland for the past year.

3.   Convenience: Salt Lake City International Airport is a 30- to 45-minute drive from town (no traffic), from where a flight to LA or San Francisco is about 1.5 hours. To accommodate growth, the Utah Department of Transportation has been widening highways, resurfacing roads and expanding traffic circles on a huge scale this year, all of which is well ahead of any congestion issues.

4.   Business Opportunities: The Beehive state is booming. The Salt Lake/Provo/Park City triangle, dubbed Silicon Slopes, is an emerging tech powerhouse. This is supported by two universities (the University of Utah and BYU) as well as big tech companies (Adobe, Microsoft) and several startup unicorns (Banjo, Domo, Qualtrics).

5.   All Four Seasons: Summers are actually better than winters. High temperatures average about 80 degrees F with low humidity. In early June, the aspen trees and wild flowers explode into bloom. Soon the mountainous landscape becomes a tapestry of rich greens that seem to glow as the sun sets after 9:00 pm on the summer solstice. Just 25

minutes away is the Jordanelle Reservoir, which supports boating, paddleboarding, wake surfing, fishing or just relaxing on a pontoon boat for the day. Lest I forget, Park City is home to seven golf courses.

6.   Mountain Biking: Park City holds the distinction of being the very first Gold Level Ride Center, deemed as such by the International Mountain Bike Association (IMBA). "It all stems from a commitment to master planning," says IMBA's VP of Programs, James Clark. "The sheer miles of trails are fantastic, but what’s important is that they function as a cohesive network, with signage and trail connections that create a model riding area." That network includes nearly 500 miles of singletrack trails that appeal to all ability levels. Plus, Deer Valley runs the lifts for mountain biking and is continually building trails to expand its world-class bike park. 

7.   The State of Utah: Park City is one of many gems in a state full of natural riches. Utah is home to five of the premier National Parks: Zion, Bryce Canyon, Arches, Canyonlands, and Capital Reef — all within a few hours drive time. Renowned mountain biking and off-roading destination, Moab, Utah, is a five-hour drive and also offers access to rafting on the Colorado River. A little further and you can be in The Grand Canyon, Grand Teton, and Yellowstone National Parks.

8.  Some of the Best Ski Resorts in the World: At 7,000 feet above sea level, Park City has a year-round population of about 25,000 and is home to two ski resorts: Deer Valley Resort and Park City Mountain Resort. The former was voted the #1 ski resort in North America by SKI Magazine (2018) and is exclusive to skiers. The latter has the most skiable terrain (7,300 acres) in the United States and is open to snowboarders.

9.   More Amazing Ski Resorts: There are many more world-class ski resorts within an hour's drive: AltaSnowbirdBrightonSolitudeSnowbasin, and Powder Mountain to name a few. Not to mention Powderbird Helicopter Skiing, which picks up in town.



Silver Creek Estates | Park City, Utah

            1655 S Oakridge Rd, Park City, UT 84098 7 Beds | 35 Baths | 6,254 Sq Ft     ·   Stunning 8.48 Acre Property  Ideal Location Situ...