Want a Luxury Home in Tooele?

By
Real Estate Agent with Group 1 Real Estate

Look in Tooele UT If You Want a Luxury Home

 

Find luxury homes here

Look in Tooele UT if you want a luxury home.

Assuming we can agree on what constitutes a luxury home, I think you can find every thing your looking for out here. or……you could  have one built in Tooele County for a lot less money than you can expect to pay closer to downtown\ SLC.

Here is an article from my pals at Keeping Current Matters that goes over some reasons to move up to more elaborate digs.

After you read that, I’ll give you my take on why, if you have made the decision to move up, you should consider Salt Lakes western neighbor. Plus I’ll give you some comparison links that compare the cost of buying in various Utah cities.

Enjoy this.

Looking to Move-Up to a Luxury Home? Now’s the Time!

Looking to Move-Up to a Luxury Home? Now’s the Time! | MyKCM

 

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.

The inventory of homes for sale in the luxury market far exceeds those searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer, or can be found at a discount.

Those who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call your house their new home.

The sale of your starter or trade-up house will aid in coming up with a larger down payment for your new luxury home. Even a 5% down payment on a million-dollar home is $50,000.

But not all who are buying luxury properties have a home to sell first.

In a recent Washington post article, Daryl Judy, an associate broker with Washington Fine Properties, gave some insight into what many millennials are choosing to do:

“Some high-earning millennials save money until they are in their early 30s to buy a place and just skip over that starter-home phase. They’ll stay in an apartment until they can afford to pay for the place they want.”

Bottom Line

The best time to sell anything is when demand is high and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs, and are looking to step into a luxury home… Now’s the time to list your house for sale, start looking at luxury homes in Tooele UT and make your dreams come true.

 
Now……………. I have had a lot of feedback about what constitutes a “luxury home”.
 
As usual we find that 2 basic cliches are in play;
  1. All real estate is local.
  2. Beauty is in the eye of the beholder. (or luxury).

“Real estate is local” in this context means that what might be a luxury home in Tooele County, may not be considered that hot in Olympic Hills, or Capital Hill.

Similarly a home buyer looking for a place to raise animals and grow some stuff will not consider a high rise condo to be very luxurious.

So… We just arbitrarily assigned a dollar value of half a million dollars as the minimum so we could compare what you get for that amount of money in various cities in the areas along the Wasatch Front.

Comparison of Luxury Homes By Area

Look in Tooele UT if You Want a Luxury Home

Now that you have the basis for comparison, I’m ready to get to work.
If you decided as many have, that you can get more house and more land if you buy or build your  luxury home in Tooele County, I’d love to help. If you have an agent ask them to show you property out here. If you don’t, I’d like to apply for that job.
 
You can find out about me and our company on my website on our Group1 page.
If you like what you read and want to take the next step, Call me Berna Sloan 435-840-5029.
 
I can help you look in Tooele UT if you want a luxury home.
 
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Chris and Berna Sloan

Tooele UT
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