Hello, and welcome to another episode of the Ski Summit Show, where we keep you updated on everything you need to know about Summit County real estate! Today, the leaves have reached their peak colors, signaling the perfect time to talk about the housing market in this beautiful region.
Summit County's ADU Incentive Program:
One of the latest developments in local real estate news is Summit County's new program to financially assist homeowners in building Accessory Dwelling Units (ADUs). The good news? You can receive up to $60,000 based on the size of the ADU. Plus, many county fees are waived! The catch? The property owner cannot occupy the ADU, it must have a 6-month minimum lease, and the tenant must work within the county for at least 30 hours per week. There are more conditions, including size limitations based on your lot size and a 30-year commitment, so make sure to read up on the details.
Here's the link to the Article: CLICK HERE
Real Estate Tip: Radon Mitigation
Radon is a serious issue for homebuyers and sellers alike. It's crucial to get your property checked and, if needed, install a radon mitigation system. Safety first!
Question of the Day:
If you had to pick just one ski resort to get a pass for, which one would it be? I answer this question in the video, timestamp's in the description.
Market Update:
We've been seeing some difficulties in getting buyers and sellers to find common ground in negotiations. It's a tricky market, so keep your eyes peeled for trends.
MLS Check & Today’s Top New Listing Picks:
New listings are slightly down, as are properties under contract and price reductions. Interestingly, new construction makes up 27% of total listings, although many have yet to be built.
Here is the link for our top new listings! CLICK HERE
Thank you for joining us today on the Ski Summit Show. Make sure to subscribe and share our blog for the latest updates on Summit County real estate!
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