Live in Jackson Hole

Live in Jackson Hole

Teri McCarthy

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Displaying blog entries 21-30 of 30

What Is Your Home Worth?

by Teri McCarthy

 

What is my home worth?  This is the most frequently asked question I’m hearing these days. We have seen the national real estate market begin to rebound, and expect Jackson home values to soon start to reflect movement as well. Most local homeowners are in the habit of keeping an eye on area home values. But especially for anyone considering buying or selling this spring or summer, estimating their home’s value is one of the first items on the agenda. 
 
To get you started, there are a couple of different methods to help establish a ballpark estimate of what your home may currently be worth.  There are two good online options to determine the current value of your home, both free and without having to speak with a Realtor. The quickest is a market report that is generated automatically and emailed to your inbox. Click here for a sample report.  Then just complete and submit the form at www.TetonHomeValue.com with your property address.
 
Another great option to determine the value of your home, condo, townhome or vacant land in Teton County, Wyoming is www.HomeValuesInTetonCounty.com.  Both methods use the Teton Board of Realtors MLS data combined with Teton County public record data to produce an estimate of home values. 
 
While these calculators are great at aggregating data, nothing replaces human input.  Real estate is, after all, the very definition of a local occurrence, so if you’re looking for more than an estimate, or you have a very special property, it may be time to call a local expert.  When an experienced agent creates their professional estimate, it not only takes into account the trends for properties closest to yours, but also incorporates real life features -- such as the curb appeal your home and garden offers right now. The better kept your property is at any given time, the greater its estimated value should be. An agent can also suggest the small changes that work best to enhance a property’s value.
 
If you have been considering selling a home and are curious about today’s home values in Jackson Hole and the surrounding communities, call me anytime for a complimentary consultation! 
 

It's Now Easier To Get to Jackson Hole with More Direct Flights

by Teri McCarthy

Thinking of visiting Jackson Hole this summer?  Well, it just got easier and quicker. Several non-stop flights have been added, for the summer months, from airports around the country.

Non-Stop Jet Service to JAC Summer 2012
City Airline Frequency Start Date Stop Date
         
Atlanta Delta Sun 6/24/2012 9/2/2012
Chicago United Daily 6/7/2012 10/2/2012
Chicago American Sat 6/16/2012 8/18/2012
Dallas/Ft Worth American Daily 6/15/2012 9/29/2012
Denver United Daily year-round  
Houston United Sat ,Sun 6/9/2012 8/26/2012
Los Angeles United Sat, Sun 6/7/2012 8/27/2012
Minneapolis Delta Thurs-Mon 7/2/2012 8/26/2012
Salt Lake City Delta Daily year-round  
San Francisco United Daily 7/2/2012 8/27/12
         

Flight times may change throughout the season so check with your carrier.

Did you know that the Jackson Hole Airport lies within Grand Teton National Park, and it is the only commercial airport within a national park in the Lower 48? 

Jackson Hole Airport

Now Is The Best Time to See Wildlife Babies in Yellowstone

by Teri McCarthy

Springtime Wildlife in Yellowstone National Park

Spring is a great time of year to visit Yellowstone National Park especially if you love to watch wildlife.  Crowds are few and wildlife are roaming Grizzly Bear and Cub in Yellowstone Parkabout, many with their newborn babies. May is the best time of year to see bear cubs, elk and bison calves, and wolf pups. Spunky and frisky, these adorable babies amaze and delight but remember to keep your distance, as they are wild. Wild animals, especially females with their young, are unpredictable and dangerous. Remember to bring your binoculars or spotting scope.
 
The two best places to see wildlife in Yellowstone Park are Hayden Valley, between Canyon and Lake Area, and Lamar Valley. Here’s a guide to where in Yellowstone to find wildlife
 
Take a peak at wildlife you might see in the greater Yellowstone ecosystem including Grand Teton National Park and Jackson Hole, Wyoming. 
 
Wildlife of Spring in Yellowstone Video
 
If you prefer to let someone else do the driving, there are many tour companies that can show you where the wildlife are. Wildlife tour company listings below are provided by the Jackson Hole Chamber of Commerce.
 

 

"What you see is not always what you get".  If you've searched on-line for properties in an area other than where you live or you're familiar with, you've most likely discovered a home that looks fantastic on-line, but little did you know the property sits next to a high-voltage power line or worse yet an electrical substation.

I recently heard an interesting analogy from an out-of-town client.  After flying out to Jackson to look at properties that she had previously seen on-line, she told me “Shopping on-line for homes is much like on-line dating – you don’t always get the whole picture upfront”.

Here are some tips for buyers searching on-line for Jackson Wyoming real estate.

1. A home that says it has a “Teton view”, does not necessarily mean it has a “Grand Teton View”.  Unless it says “Grand Teton View” the home may just have a view of the Teton Mountain Range. For a list of Jackson Hole homes with a view of the Grand Tetons click here.
 
2. A property may say that horses are “allowed” because the area allows horses, however the property may be too steep or too wooded to keep horses. Ideally, you want to keep horses on flat or rolling open pasture.
 
3. The MLS photos may make the property look attractive but you don’t know what’s next door until you actually visit the property personally. Impossible if you're searching from out of the area. Ask your buyer's agent to take digital photos of neighboring properties for you. 
 
4. Looking for a vacation home that you can rent out when you’re not in Jackson? Only a very few areas in Jackson Hole allow short-term rentals.  Short term rental areas are the county designated resort areas of Jackson Hole Golf & Tennis, Snow King, Teton Village, The Aspens, and Teton Pines.  There are some rental  limitations within these resort areas. I'm happy to discuss this further with you.
 
5. Jackson Hole IDX searches include most, but not all, properties listed for sale in Teton County. The listings of one real estate firm are not included.  If you would like to search all Jackson Hole listings use the Teton Public MLS site, For more advanced searching of Jackson Hole Properties access the Teton IDX/MLS site. 
 
I’m always happy to answer your questions. As an Accredited Buyer Representative I can assist you with all properties listed for sale in Teton County and Western Wyoming. 
 

Pamper Yourself With A Relaxing Spa Treatment or Massage

by Teri McCarthy

Days Spas in Jackson Hole

Of course there are some great spas in Jackson Hole and this seems like a good time of year to treat yourself to a marvelous spa treatment.  In Teton Village, try Solitude Spa at the Teton Mountain Lodge for a relaxing experience with aromatherapy oils, eye masks, and Vichy waterfall shower.  Avanyu Spa at the Snake River Lodge and Spa offers an array of pampering treatments, including relaxing scalp massages, body wraps, exfoliating treatments, hot tubs, saunas, steam rooms and fitness center.  Try the couples-only massages suite with fireplace.  I highly recommend it!

The Four Seasons Spa bills itself as a luxury wilderness getaway.  The Wilderness Adventure Spa at Spring Creek Ranch, located 700  feet above the valley floor with some of Jackson’s best views of the Snake River valley and the Grand Tetons.  In town, you have some options as well - visit the Body Sage Spa at the Rusty Parrot Lodge & Spa and treat yourself to the an aromatherapy steam bath with the Signature Eh Wah Kee Mud Wrap, hand crafted from the Big Horn Mountains, or relax in the traditional Finnish sauna at the Alpine House Country Inn and Spa, conveniently located only a few blocks from the Town Square. Now that sounds quaint and relaxing.

Investment & Vacation Home Markets Waking Up!

by Teri McCarthy

The investment- and vacation-home markets have been among the first to show signs of real estate resurgence, according to the people who keep track of such things (as usual, the National Association of Realtors® is one). It might seem unlikely, given the general view that the housing sector continues to post mixed signs of recovery. But when you think about it, there are reasons why it could make perfect sense. A few that come to mind:

* The price is right. If the overall real estate market is in fact in the process of rebounding, it’s still so early that no one can be certain it will be strong -- or even that it will continue. You couldn’t describe a more appealing situation for small investors who have been biding their time, waiting for the right bargain to pounce upon. Investment home prices rose 6.4% last year (of course, because rents were rising), yet the median vacation-home price was down over 19%! Talk about vacation bargains! All of a sudden, the daydream of affordable ski homes for sale seems to have become a reality.
 
* The market is open. Right now, there are also strong inventories of vacation and resort homes for sale – many of them located in attractive settings, like Jackson Hole. Many of those settings also happen to be the very places where the real estate market is still digging out from under the foreclosure mess. This makes it easy for people to find vacation- or investment-home opportunities that previously would have been out of their price range. 
 
* Interest rates are low. Low interest rates make a second mortgage even more affordable for those seeking a luxury vacation home.  Today's interest rates signal savings throughout the term of the loan, which is even more appealing for those seeking a second home. Combined with the sheer volume of properties for sale, this makes it the ideal time to purchase a dream vacation or retirement home.
 
*Optimism on the rise. When the wolf is at the door, few of us are tempted to make luxury purchases. And for years, it seemed like the only news about the economy was bad. But declining unemployment numbers, soaring stock markets, and the resulting good news for retirement accounts can change attitudes…the same attitudes that underlie investment decisions of every kind. 
 
A second home can be a vehicle to generate investment income. Or owning a vacation home in Jackson Hole might be the fulfillment of a long-held dream. For those fortunate enough to have put aside some disposable cash, today any one of those mountain homes or resort condos for sale could wind up representing both!  
 
Call me 307-690-6906 if you have any questions about Jackson Hole real estate, the area, or the market.
 

Jackson Hole On-line Winter Trail Maps

by Teri McCarthy

Get interactive Jackson Hole and Teton area trail maps for the Jackson Hole Mountain Resort, Snow King and Grand Targhee.  What a grand idea!  

The Mountain Pulse, an on-line resource for Jackson Hole’s outdoor community provides this free service. Access Winter Trail Maps+, an interactive Google Earth Travel Guide, with information about skiing, snowboarding, snowmobiling and cross country skiing,  that allows you to virtually explore winter in Jackson Hole, Teton Village, Alta, Grand Teton National Park, Togwotee Pass, Teton Valley and beyond. Get out there an enjoy the snow and Spring-time in the Rockies!

Why Choose Wyoming to Make A Living?

by Teri McCarthy

The Best States to Make a Living in 2012

Where is the best place to make a living?  Wyoming is rated one of the top 10 states to make a living in 2012.  Moneyrates.com ranked states based on
 
Average income
Cost of living, based on the ACCRA Cost of Living Index
State income tax rate (based on the bracket for the state’s average income)
Unemployment rate
 
Rankings are determined using an adjusted average income figure based on these factors. Wyoming, one of the best states to make a living, benefits for a relatively low unemployment rate along from having no state income tax.
 
See where your state ranks in terms of the best place to make a living
 

Top 5 Reasons People Make Jackson Hole, Wyoming Their Home

by Teri McCarthy

Top 5 Reasons People Make Jackson Hole, Wyoming Their Home

  •   Jackson Hole Mountain Resort is the #1 ski resort in North America according to Forbes
  •   Wyoming is one of the tax-friendliest states: no income tax and relatively low property taxes
  •  Two national Parks:  Grand Teton and Yellowstone in your backyard
  •  Wyoming has more wildlife than people
  •  Fresh mountain air, a healthy lifestyle, good schools and low crime

Grand Teton Park

 

 

 

 

 

Call me if you're thinking about making Jackson Hole your home.

Should I Buy a Home Now?

by Teri McCarthy

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 21-30 of 30

Whether you’re relocating to Jackson Hole, or want to buy a vacation home, primary residence, second home, resort property, condo, townhome, land, horse property, Teton view home, golf estate or ski-in/ski-out home, you’ll find all Jackson, Wilson, and Teton Village real estate listed for sale here. You need an advocate, a buyer's agent to represent your best interest, with confidentiality, Teri will you acquire a Jackson Hole property for your 1031 exchange, investment, second home or future retirement.  Take advantage of the many tax benefits of Wyoming residency. Already own a home in Jackson Hole?  Interested in knowing the value in today's market? Thinking about selling? Talk with Teri about creative marketing to attract qualified buyers for your home.  Teri McCarthy is the Broker/Owner of Jackson Wyoming Real Estate.  Teri holds the designations of ABR (Accredited Buyer Representative), CRS (Certified Residential Specialist) and RSPS (Resort and Second Home Specialist) matching buyers and sellers with Jackson Hole properties since 1989. All rights reserved 2015 Teri McCarthy Inc and Teri McCarthy, Realtor, ABR, CRS, RSPS.