Salt Lake Real Estate

Found 18 blog entries about Salt Lake Real Estate.

COVID-19, to simply state, has forced us to make drastic changes in our normal lives. In addition to social distancing and wearing masks, many people are now working from home indefinitely and families have chosen to home-school their children. Dining rooms have been converted into home offices, bedrooms are now classrooms, garages resemble home gyms, and yards are make-shift gyms. Finding dual purpose for rooms, that were once our sanctuaries or private spaces, tested our creativity and imagination.  In doing all of that, homeowners did get creative and across the US, we saw more home improvement projects both inside and out.  We also saw home "wish lists" change and more buyers wanting bigger yards and different floorplans.  A recent survey from

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In part one of this two-part blog series, we went over some of the basic factors connected to homeowners associations, or HOAs. These groups, which often hold sway over a given neighborhood or housing community, may be responsible for numerous important areas for you to consider if you’re thinking about one of the real estate listings in this area.

At Daybreak Living, our numerous homes for sale include several communities or areas where HOAs are present and active. In today’s part two, we’ll go over a few other important areas you should be considering if you’re thinking of moving into a property that’s part of an HOA.

real estate homeowners associations

HOA Management

One important area to understand in advance is how the HOA is managed, as not all are run in the same ways.

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What comes to mind when you hear "bungalow"?  Little square footage? Narrow hallways?  Broken floor plan?  If you connected any of these with a bungalow style home, it's time to rethink this charmer!  The Larimore by David Weekly, located in Highland Park breaks all the typical bungalow stereotypes.   Open floor plan, spacious bedrooms, tons of natural light, and did I mention an office with beams?   Buyers want character and this house has it!  Copper and orange accents give this model home a very modern feel and the beams bring a touch of timeless yet historical architecture without dating the interior.   The backsplash in the kitchen adds another layer of historical yet modern touch...but what do you think about the vertical placement, like it or leave

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Highland Park Village - Coming 2017

Its coming soon! Highland Park is going to be the first village that crosses West over the Mountain View Corridor.

This is pretty exciting as people that live here will have awesome access to the Corridor/Trax/Shopping! This village is also slated to have its very own Community Pool and Cafe. As always in developments, things that aren't built can change so we live by the motto.....nothing is set in stone until it's built.

The builders slated for this community will be Sego, Destination, David Weekley, Holmes Homes, and Fieldstone Homes. The new model home village should have about 15 homes that the public can tour and check out. Sego and Destination will be building townhomes while the biggest lots up to .17 acre will be Fieldstone homes or

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This home was built by the same builder and is the same floor plan in Daybreak. Both of these homes were listed in the summer with top real estate agents. However, the result is very different…

HOUSE A

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Sold for $83,000 less Than House B!!! 4 months on Market. Had an extra Fireplace in Master and 2nd Kitchen in Basement. Same style of flooring and paint as House B.

 HOUSE B

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goBE SOLD by Utah Dave! Sold for $83,000 More than the other listing! Sold in the First Weekend on market. 

When choosing a good Realtor to work with make sure you choose one that has experience and PROOF of RESULTS! Call 801-966-4000 to see more proof.

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Daybreak is one of our favorite places to sell homes! In fact many of our Realtors not only specialize in the area but they also live in Daybreak. The Daybreak community was ranked as one of the bestselling master planned communities in the United States for 2015 by real estate advisory firm RCLCO (Robert Charles Lesser & Co., LLC) and John Burns Real Estate Consulting.

In 2015, 415 homes were sold in Daybreak, which resulted in a 23 percent increase over 2014. Dave Robison and Julie Holmes were the Top New Realtor Home Sales in Daybreak for 2015. Since the beginning of January 2016, an amazing 67 homes have been sold. We are off to a robust start this year!

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EXHIBIT A: Listed with a different Brokerage

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The home above was on the market 4 months and NEVER SOLD. Last listed at $339k (Below what we sold the exact home for shown below) This home has 3 tone paint, real hardwood floors, updated colors, and modern white kitchen with granite and backsplash. It's also partly fenced.

 

EXHIBIT B: Listed with Utah Dave @ goBE Realty

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Meanwhile, this home sold for $340k in 3 weeks.   It only has 2 tone paint and brown colors. Formica counters throughout kitchen and upstairs instead of granite like the home above.​ Laminate hardwood not real hardwood floors. Also, no fence on this home as opposed to the partially fenced home that dind't sell. The only other difference between this home and the one above

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Daybreak Team

A huge shout out to our goBE Realty Sales Team. Yesterday at the exclusive Daybreak Awards Ceremony goBE Realty was awarded the Top Real Estate Office Sales in Daybreak for 2015. That's not all though; Utah Dave was awarded the Top Sales Agent for New Home Sales in Daybreak for 2015! We also sold a total of 65 homes in Daybreak in 2015 alone. In addition the goBE team sold a total of 170 homes from Davis, Salt Lake, and Utah Counties. Give a "like" to help us congratulate this amazing team. — with David Marrott, Ryan Aycock, Josh Mills, Barbara Neilson Mills, Dave Robison, Julie Holmes,Tammy Burton Casper and Durven Wilson.

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Same Builder... Same House... Same Area... Same Time on Market.... VERY DIFFERENT RESULTS

 

THEIRS: (LISTED WITH A DIFFERENT COMPANY: good experienced agent and brokerage)

House 2On the market for almost 2 years!

Ended with a Lease Option for thousands less than ours. 

Fully finished basement with wet bar

Larger yard/ lot

More upgrades in Master Bath

 

 

OURS: LISTED with UTAHDAVE of goBE Realty

Offers within a few days!House 1

Sold for $345k

Only a partially finished basement

Smaller lot than comparable home above

 

 

Utah is a non-disclosure state on sales price. To gain sold data on listings that aren't ours call 801-966-4000.

As you can see in the apple to apple comparison that you see above, the real estate

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FHA loan limits have increased! The FHA loan limits went from $304,500 to $312,800 in Salt Lake County. What dose this mean to buyers and sellers? If you buy in Salt Lake County with an FHA loan purchase price (typically putting down 3.5%) this makes your ​purchase power increase from last year approximately $8,000.

Something for Sellers to keep in mind: if you list your home for $325,000-$440,000 you are only making your home available to buyers that are able to put 5% down (this price range is above the 3.5% down FHA limit). However;  if you list at $325,000 you then add a plethora of buyers to your purchasing pool by including 5% down buyers AND 3.5% down buyers. This makes your home an option for many more buyers and your ability to sell that

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