There are always a number of condos on the market at the popular ski town of Park City Utah. Whether you’ve got a small budget or an unlimited budget, you’re sure to find the ideal condo for you and your family to have the wonderful lifestyle that Park City offers.
If your budget is limited then you may discover whole ownership condos for as low as $200,000. Condos in this pricepoint will not beat the ski resorts and will typically be located from the Kimball Junction area. They are still quite close and inside a 10-15 minute drive to either of those 3 top notch ski hotels in Park City in addition to on the free bus path. The Powderwood Condo Development continues to be a favorite place for people looking in the lower price point that enables nightly rentals. The development is only a bit older and was built from early 80’s. Yet another popular condo development may be the Canyon Creek Condos. They can be still newer but usually do not allow nightly leases. Both improvements provide some fantastic amenities including swimming pool.
Another option for the budget oriented Park City condo buyer would be that the fractional ownership choice. With quarter share ownership you can get 13 weeks of use per year. All these ski condos are essentially Canyons Resort ski in ski out condos located adjoining to gondola. Weeks which you don’t use could be place in a nightly rental pool and the rental revenue may potentially help condo near naia terminal 3 offset HOA prices and land taxes. One bedroom components could start as low as $85,000 which really is a excellent value for a ski condo in this a great location with excellent amenities. There are several different fractional ownership chances at the Park City area to consider also.
For the second home buyer looking to get a ski condo at a few of the ski resorts in Park City, there are 3 ski hotels to think about shopping near that are Deer Valley Resort, Park City Mountain Resort and the Canyons Resort. Deer Valley Resort is well known for it has impeccably groomed ski runs, excellent customer service, excellent food and skier only slopes. The Park City Mountain Resort is located near Park City’s Main Street area that comprises a town lift from the historical Old Town location. The Canyons Resort is the biggest ski resort in Utah located a few miles beyond the Park City city limits.
The crucial elements which affect price are age, location, illness and amenities. The closer into the ski run the more a flat will soon cost. Prices are high for ski condos at Deer Valley Resort compared to ski condos at the Canyons Resort. Condos in the Deer Valley area can vary from approximately $615,000 for an older 1980’s built 2 bedroom condo in Lower Deer Valley around 5 million for a 4 bedroom condo at the St.Regis in Deer Crest. The cost per square foot range in Deer Valley is roughly $330 to $1700. Condos nearby Park City Mountain Resort can range between approximately $250,000 for an older 1 bedroom built from early 80’s a couple blocks from the hotel center around $2.5 million for a 4 bedroom brand new construction ski in ski out condo near the newest Silver Star ski lift. At the Canyons resort you can find a classic 1 bedroom condo for as little as $225,000 as large as $2.2 million for a massive ski in ski out townhome now under construction. The price per square foot may range between $325 to $976.
In additional ski towns the price per square foot for ski in ski out condos can go as large as $2000 to $3000 a square foot so compared to other ski communities Park City still provides a less expensive and is a lot easier to fly compared to additional ski resort towns.
In the event you don’t have to be at the ski hotel, then it’s possible to get a better value and receive yourself a newer bigger condo for the price. The Kimball Junction and Bear Hollow area are very popular places to locate great condo values from the Park City area that function as second homes. Even the Pinebrook area is a popular location to find a great value for condo buyers searching for a long term residence or for second home buyers which won’t will need to position their condos in an every day lease pool.