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PARK CITY REAL ESTATE

tel Call : 435.901.8333

2022 Fall Housing Trends In Utah

October 4, 2022 by Jensen & Company

2022 fall housing trends utah

Whether you’re ready for it or not, fall is here! As we bring in cooler temperatures and preparations for the end of the year, now is a great time to sell your Park City Home. As the residential real estate market has entered a cooling-off period, it may be worth looking into remodeling or simply updating your home before listing.

Both simple and major updates to your home can help bring top dollar for your home. Some of these are DIY projects that can be knocked out in a weekend and practically guarantee a good return on your money. 

Others are significant renovation projects that will require the expertise and skills of a professional. As always, take into account the amount of cash you have and the equity in your home. 

Follow along as Jensen and Company let’s you know what buyers are looking for and what sellers need to know. 

Hardwood Floors: An Excellent Investment

hardwood floors utah

One of the best returns on your investment is installing and/or refinishing the hardwood floors in your home. New hardwood floors look and feel great!  The National Association of Realtors (NAR) reports that refinishing your hardwood floors results in a 147% recovery on your money, and new hardwood flooring results in a 118% return. NAR also notes that 90% of consumers have greater happiness and satisfaction after installing new hardwood floors. 

If you want to add some extra “umph” to your Park City listing this fall, don’t ignore the statistics….think about installing or refinishing hardwoods! 

Insulation: Keep it Warm and Cozy

Insulation Utah

Insulation is definitely not as fun or beautiful as shiny new hardwood floors, but it is equally important. Winters in Park City are cold, and homeowners and guests want to be sure they will be kept warm! 

NAR reports that an insulation upgrade results in a 100% recovery on your money. Pro tip- even if you have some DIY experience, you likely want to outsource the insulation install as a skin full of fiberglass is a miserable experience. 

Painting: Color is Exciting!

utah painting colors

If you are the DIY type, one way to freshen up your home quickly is to paint some of the interior rooms. Fresh and neutral paint colors that appeal to a wide range of buyers can help your home feel, smell, and look better. 

The National Association of Realtors (NAR) reports that painting interior rooms score a 10/10 on the remodeling joy scale. This is an inexpensive and easy way to make your home pop. 

Bathrooms: Worth it or Not?

bathroom remodel utah

 

One remodeling/addition project you may get away with skipping is the bathroom. Unless you have pink carpet and an in-ground tub, NAR suggests you skip the bathroom remodel.

The  NAR found that a bathroom remodel only brings a 71% recovery of your money, and adding a bathroom brings a 63% recovery. Save your pennies and use them towards hardwoods, paint, and insulation. 

Basement Conversion: Can Help You Sell Your Home

basement conversion utah

If you have money set aside or some cushion in the amount of equity you have in the home, you may consider converting the basement to a living area. This can be a significant task, so make sure you know what you’re getting into before embarking on this one! 

If you decide you can make it work, NAR reports that a basement conversion to a living area results in a 86% cost recovery. If you’re trying to get your home sold before the end of the year, you might want to skip this one. 

Hopefully, these remodeling projects motivate you to make minor or significant changes to your home! If you are unsure what to do to your Park City home before listing, we at Jenson and Company are here to help. 

We love Park City real estate and want to see you get the highest return on your home. We can take an assessment of your property and any updates that may be needed and help you analyze the cost/return benefit. Don’t hesitate to reach out. 

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tel Call : 435.901.8333

About Jensen and Company

Brad Jensen has been a top realtor since 1988. In 2021, he was invited to join the prestigious International Luxury Alliance. The Alliance is an elite network of real estate professionals from key markets in the U.S. and abroad. Creating unique opportunities for his clientele to acquire some of the most sought-after real estate in the world. He is one of the most respected agents in Utah and would be happy to assist you in selling your home or buying a new home. It is Jensen and Company's goal to help make your real estate transaction as easy and stress-free as possible. Our blog has lots of great information and market intelligence to help you learn more about the Park City real estate market. Please contact us if you have any questions. We would be happy to assist you.

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ftel Call : 435.901.8333

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  • About
    ▼
    • Testimonials
    • Our Videos
    • Contact Us
    • Blog
  • Search
    ▼
    • Significant Sales
      ▼
      • Luxury Mountain Living
    • Featured Properties
    • Property Search
    • Most Recent Properties
  • Park City
    ▼
    • Buy in Park City, Utah
    • Sell in Park City, Utah
    • Park City Homes & Condos For Sale
    • Park City Real Estate
  • Deer Valley
    ▼
    • All Deer Valley Real Estate
    • Deer Valley Homes & Condos For Sale
  • Communities
    ▼
    • Old Town
    • Thaynes Canyon
    • Lower Deer Valley
    • Deer Crest
    • Upper Deer Valley
    • Empire Pass
    • Aerie
    • Prospector
    • Park Meadows
    • Canyons Village & Colony
    • Sun Peak | Bear Hollow
    • Silver Springs
    • Old Ranch Road
    • Kimball Junction
    • Pinebrook
    • Summit Park
    • Jeremy Ranch
    • Glenwild | Silver Creek
    • Trailside Park
    • Promontory Area
    • Jordanelle Area
    • Midway | Charleston
    • Heber City
    • Kamas & Marion
    • Huntsville – SnowBasin
    • Red Ledges
  • Buy
    ▼
    • Deer Valley Real Estate
    • Park City Homes & Condos For Sale
    • Park City Real Estate
    • Deer Valley Homes & Condos For Sale
  • Sell
    ▼
    • Why Sell With Us
  • Discover
    ▼
    • Park City Events Calendar
    • Featured Attractions
    • Local Ski Resorts
    • Park City Local Vendors
    • Our Infographics/Resources