6 Winter Hacks to Keep Your Home Warm (And Save You Money!)

As we get further into winter, it’s more important than ever to make sure that your home is warm and comfortable. Whether you live in a frigid climate or are just trying to make the most of slightly cooler temperatures, it’s always a good idea to consider ways to make the most of your heating costs. 

Outside of larger renovations to your home such as replacing windows with better-insulated versions or adding more insulation to your entire home, there are some additional ways you can help to keep your heating costs at bay. 

Today we’re sharing some of our top tips for keeping your space as comfortable as possible while maximizing your heating budget for your home. 

Seal Windows and Doors

This is the number one culprit of losing heat in your home. Cracks around windows and doors can seep surprisingly large amounts of warm air when left unchecked. Scan your home’s windows and doors for gaps or cracks around windows and doors, and seal them with caulk or weatherstripping to prevent warm air from escaping and cold air from entering.

 

Install a Programmable Thermostat

Particularly for the smart home geek, this home upgrade will make your life easier as well as help to save your family money on utility costs. A programmable thermostat allows you to set a consistent temperature in your home, allowing it to only run as much as is needed. This is excellent for when you’re gone for long periods throughout the day. Turn down the temperature while you’re gone, and have it automatically warm up when you’ll return home so you aren’t paying for it needlessly. Some smart thermostats even enable you to control your home’s temperature from anywhere using an app! 

 

Use Draft Stoppers

Draft stoppers can be placed at the bottom of doors to prevent cold air from entering through gaps. When used in conjunction with caulking cracks around your doors, this will make a major difference in the heating that is lost around your home’s doorways. These are often available in fun colors, patterns, and even characters! You’re sure to find some that fit your home’s aesthetics as well as your heating needs. 

 

Use Rugs and Carpets

Rugs and carpets can help insulate your floors and keep your feet warm, as well as add a stylish and cozy touch to any space. Some common spaces to add rugs include living areas, offices, and bedrooms, but don’t let that limit you! Think of other spaces to add carpeting or rugs to warm things up – maybe your kitchen, bathroom, or hallway! 

 

Use Heavy Curtains

Heavy curtains can help insulate windows and keep warm air in. The best part about curtains? They also add a cozy, homey element, and can be found to match just about any design style! 

For a bonus tip, make sure you’re opening your curtains and blinds during the day when it’s sunny. This is a free heat source that will gradually warm up your home simply by the light coming in! Then close them again at the end of the day to keep cold air from coming inside. 

 

Use Space Heaters

If you’re more interested in warming small spaces rather than keeping your whole home warmer in the winter months, space heaters can provide additional warmth in specific areas of your home. However, they can be dangerous when not used properly, so be sure to use them safely and follow the manufacturer’s instructions.

No matter what your ideal temperature is during the winter months, no one likes to be cold or to overpay for their heating bill. This season, give one or more of these home hacks a try to make your home as cozy and comfortable as it can be. As an added bonus, you’ll save some money too! 

Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction.

Contact Paula Higman today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.

Connect With Us:

      

IS IT TIME TO SELL OR WAIT IT OUT?

CALL OR TEXT ME TODAY (435) 602-8228

 

Paula Higman Real Estate - Coldwell Banker Park City

paula@paulahigman.com

(435) 602-8228

FOLLOW YOUR DREAM, HOME

MARKET UPDATE | PARK CITY MARKET SUMMARY FOR JUNE 2022

When reviewing the Park City real estate market, we can't consider the year the property was built, the views, or if the home or condo would be regarded as a ski property.   We have over 25 different micro-markets in Park City, and when you run sales statistics on a small area, there won't be enough sales to be meaningful. We know that home prices have increased, but price gains have not been as dramatic as the number of homes sold. 

TOP REAL ESTATE IN PARK CITY SEARCHES:

• Park City Golf Properties - Promontory, Glenwild, Tuhaye, Victory Ranch, etc.
• Ski-In-Ski-Out Homes and Condos - Search Deer Valley, Park City Mountain Resort, and Canyons Village.
• New Listings - Find the latest listings in the area!
• Search Luxury Properties - Homes and condos priced from $ 3 million to $35 million.
• Map Search for Park City Real Estate - Use the map tool to find every home from every broker on the MLS.
• Park City Neighborhoods - Which community of Park City works best for you?
• Real Estate Listings With Price Reductions - view homes and condos where the seller has dropped the price.

PARK CITY MARKET SUMMARY FOR JUNE 2022

In six months, we may be looking back at how we were listing to the Wind of Change. Have the higher interest rates finally caught up to the real estate market in Park City, Utah? Relative to major cities that have similar price ranges, we have a small unique market - you could say boutique market that is different in many ways. Unfortunately, Park City doesn't have enough real estate transactions to be confident about what's going on in the market. Like when the market was screaming up when we were getting out of lockdowns - we won't know the details for a few months.

I like to keep things simple - my tell-tale gauge of the market is when inventory goes up, and the number of transactions goes down; in theory, prices will soon follow the number of transactions. Historically, real estate in Park City sells at 95% list price to sales price - I believe we'll need to hit that first before the market is noted as a downturn. It is possible buyers and sellers are so used to 100% of the asking price that sellers lower the list price to strike a price before hitting 95%.

ABOUT THE NUMBER OF LISTINGS FOR MAY - JUNE 2022:

The Number of Listings chart displays listings counts by status.

Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" of active listings on the 15th of the month. Rather than showing the number of all active listings during the month, this chart represents the number of active listings in one day. However, the number of activities is not static and depends on when the report is run. A trend of upward or downward from month to month can be established using the same day of every month.

New listings: How many properties were put on the market each month. The total number of listings newly added to the MLS system during the month. (All listings whose Date Listing Effective falls within that particular month.)

Pended listings: How many properties have a sale agreement made each month. During the month, the total number of listings went under a sale contract (or were "pended"). (All listings whose Under Contract Date falls within that particular month.)
Note: if a listing was under contract, but the contract later fell through, the listing is no longer counted as pended during that month and is left out of these statistics.

Sold Listings: The total number of listings whose sales contracts were completed or closed during the month.

ABOUT THE LISTING PRICE:

Active listings were active on a single day of the month, providing a "snapshot" of a day. A trend of upward or downward from month to month can be established using the same day of every month. However, the number of activities is not static and depends on when the report is run. The 15th of the month is used.

New listings are all the properties put on the market during an entire month.

Pended listings are all the properties that had a sale agreement made (or were "pended") during an entire month.
Note: if a listing was under contract, but the contract later fell through, the listing is no longer counted as pended during that month and is left out of these statistics.

Sold listings are all the properties whose sales contracts were completed or closed during the month.

ABOUT THE ABSORPTION RATE:

The Absorption Rate in Months shows how long the current inventory of properties would last at the current sales rate. If no new properties were added to the market and sales continued steadily, the Absorption rate indicates the number of months required to sell all the properties on the market.

The absorption rate is based on two numbers:

• The number of active listings
• The average number of listings sold per month for the previous n months.

The number of active listings is a "snapshot" of listings active on a single day (the 15th of the month). However, the number of activities is not static and depends on when the report is run. For example, the number of months of sold listings here is 12.

The formula is Absorption Ratio = A ÷ N
Where A = listings active on the 15th of the month, and
N = the average number of listings sold during each of the previous 12 months.

Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction.

Contact Paula Higman today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.

Connect With Us:

      

Demand for Vacation Homes Soaring

 

With vacation home sales on the rise,

we take a look at four popular

second-home locations to give you

a peek into what local living could

look like in your dream spot.

Deer Valley Resort Real Estate 

 The Four Areas for Homes and Condos

Select from the four distinctive areas that collectively form the remarkable Deer Valley Resort, an unparalleled destination for experiencing Park City and Summit County life through Utah skiing and mountain biking.

The Deer Valley Resort Area, situated in Park City, Utah, has undergone continuous expansion over the past several decades, incorporating the following four distinct areas of real estate.

When embarking on a real estate search in Deer Valley, buyers often explore properties throughout the resort area. Our team can efficiently assist in refining your search through a brief ten-minute phone call. Whether your preferences lean toward direct ski access, panoramic views, newer construction, or a value-oriented remodel, we have the expertise to guide your search.

UPPER DEER VALLEY: Encompassing 35 subdivisions in the Silver Lake area, this location is in proximity to various restaurants, shops, and renowned lodges. Many properties provide premier ski access to America's top mountain ski resorts.
LOWER DEER VALLEY: Featuring 30 subdivisions at the base of Deer Valley Resort, this area offers excellent views and easy access to downtown Park City. Properties include single-family homes and condos.
DEER CREST: Offering ski-in-ski-out access for nearly all properties for sale, excluding Snowtop, Deer Crest provides stunning views of Bald Mountain and Jordanelle Reservoir. Easily accessible to Park City and the Salt Lake City International Airport. Contact us to discuss new development opportunities for condos in Deer Crest.
EMPIRE PASS: A master-planned community and the newest neighborhood in the Deer Valley resort area, Empire Pass features ski homes and offers the Talisker membership with access to the Talisker Club, shuttle service, and amenities in Tuhaye, including golf.

DEER CREST ESTATES

 

Deer Crest, nestled within the Deer Valley Ski Resort in Park City, Utah, is a truly exceptional and upscale gated community. Spanning 600 acres, it boasts fewer than 100 home sites, each representing the epitome of luxury living. The residences in Deer Crest are expansive, with a minimum of 8,000 square feet, offering ski-in/ski-out convenience.

Homeowners in Deer Crest have exclusive access to the Deer Valley ski runs, including the Jordanelle Ski Run and the private Lower Home Run ski run. These residences are magnificent estates designed to accommodate multiple generations, featuring up to four levels and contemporary amenities such as private home theaters, indoor golf rooms, well-equipped home gyms, and hot tubs that provide unparalleled views of the mountains or Jordanelle Reservoir.

Deer Crest real estate in the Deer Valley Ski Resort, Park City, provides potential buyers with a range of luxurious properties. These homes are situated close to restaurants, shopping centers, and cultural attractions, all just minutes outside the private gates. With convenient access to major roads, Deer Crest homes are around 40 minutes from the Salt Lake City International Airport, making commuting for work or travel easy. If you're interested in acquiring one of the stunning homes for sale in Deer Crest, Park City, please contact us today.

The Colony At White Pine Canyon

Private gated ski-in, ski-out community on 4,600 acres

Award-winning development The Colony at White Pine Canyon is the largest ski-in/ski-out ranch in the nation and is located between Canyons Village and Resort Village at Park City Resort, America's largest ski area. Among 4,600 acres of pristine high alpine terrain where approximately 90% of the land is preserved as open space and home sites in the latest release average 8 acres. Only at The Colony can you build a mountain dream home and a separate guest house on the same home site.

The most sought-after homes enjoy private settings, beautiful scenery, and amazing views. We know more about The Colony than just about anyone, so give us a call and we'll set up a tour. If you are looking for the ultimate in ski-in, ski-out estate homes, you must visit the Colony. This is a gated community, so call us to set up a tour.

PROMONTORY ESTATES

Promontory is an exclusive gated community offering the best of Mountain Living and Luxury Lifestyles. The Promontory Club is a family-friendly private club that includes an array of endless activities and amenities for you and your family. Some of the amenities include golf, tennis, fitness as well as private clubs with restaurants and spa, an equestrian center, a beach/pool area and kids cabin, and much more. Outdoor activities expand from golf to hiking/camping, mountain biking, and fishing, to name but a few, as well as an array of snow adventures. Promontory is a wonderful year-round community atmosphere for all ages.

Featured Listings

Paula's Website

	PAULA HIGMAN REALTOR® | SFR Coldwell Banker Realty Lic#: 10124111-SA00 +1 (435) 602.8228 Paula@PaulaHigman.com Paula's Website 2018 Distinguished Member -  Park City Board of REALTORS®