Location is important when buying or selling your home and the good news is that Park City ticks most boxes for "location, location, location". Recent studies direct to buy in the best location you can and identify new factors for determining location-worthiness. One study even shares that buying a home with a Starbucks nearby is a positive.

The Washington Post posted that homeowners saw an increase in home value in 2015 by being close to a Target store, good thing for us we have fantastic ski resorts and great shopping close by. As mentioned above being close to a Starbucks is good news too, "Between 1997 and 2014, homes within walking distance, or one-quarter mile, of a Starbucks appreciated 96 percent," said Forbes. "Compared to the national average for the same time period, 65 percent, it seems having a barista close by is a smart real estate move."

We all know you can change your home by adding on, updating, and renovating down to the last square foot, but what you can't change is where it's located. "A home is an investment - and the best investments have the most room for improvement," said Realtor.com. "Ideally, you'll be adding to the home during your ownership, building equity in hopes of a payoff when you (eventually) sell. Brendon DeSimone, author of "Next Generation Real Estate," stated.

Forbes offered a few more tips that they feel add value and we agree:

• Accessiblity adds value, with "proximity to public transportation." Park City has great free public transportation.
• Hot hoods border it - Park City is a great place to live according to Money magazine and is surrounding by amazing communities.
• It has an Art Scene - Park City has many galleries, an Art Festival, art studios, theaters, Sundance, and the list goes on and on.
• It Has Historic Architecture - Our historic downtown and the Park City museum are hot attractions.
• Renovations are being made - "One of the most obvious signs of a turnaround neighborhood is homes that are in the process of renovation. Drive around and see if you spot construction trucks and dumpsters—then you know there's activity in the air."

Well, that is about it for this week and we will have information on Halloween in Park City in the next blog. And, remember Opening Day is only 37 days away at Park City Mountain Resort and in 51 days at Deer Valley as our first snow in town was on September 23rd - it’s time to dust off your skis and boards and get them ready for winter.