There are many moving parts when you’re buying and selling real estate. In addition to understanding how local property values affect home values, it’s also essential to know how location factors into a home’s resale value. Knowing a little more about the community where your property is located makes selling your house much more manageable.
Knowing the amenities and property values is also crucial to ensure you’re making a wise investment if you’re looking to purchase.
Utah has a very competitive housing market. It offers an array of climates and backdrops that will appeal to nearly any buyer. The state provides easy access to various outdoor activities, entertainment, fine dining, and Broadway-caliber plays. This unassuming state ranked number 3 on U.S. News’s list of Best States to live in 2022.
Box Elder County takes up the northwestern corner of the state. Box Elder borders Idaho on the north and Nevada on the west. The easter border touches Cache, Weber, and Davis counties. Box Elder abuts Tooele County on the south. The population of Box Elder County is just over 56,000.
Much of the county consists of deserts, forests, and mountains. Most of the county’s residents live in the southeast section of the county, close to 1-15 and 1-84. Portions of the county include parts of the Great Salt Lake and the Wellsville Mountains.
Home prices are lower in Box Elder County than in other areas of the state. The average sales price in Box Elder is $378,000. Homes stay on the market for about 25 days before selling. Since last year, home prices have increased when the average sales price was $300,000 and homes remained on the market for 17 days.
In comparison, the average sales price in Box Elder County in 2017 was $188,900, and homes typically stayed on the market for 57 days. While the market here may not be as competitive as larger communities, the county has seen an uptick in sales prices and a significant decrease in the amount of time homes stay on the market before selling.
Most homes sell in this county between May and October, with July and October peaking higher than other months. Sales decline significantly between November and January each year.
Box Elder County offers quick access to attractions in the county boundaries as well as nearby attractions, including:
Outdoor Activities (Skiing, Hiking, etc.)
Museums, Zoos, and Parks
Sports
Shopping
Box Elder County offers an array of mom-and-pop shops you won’t find anywhere else in the state. If you’re looking for more extensive shopping options, a quick drive to Ogden or Layton will provide access to traditional malls and outlet malls.
Entertainment
Government and Cultural Sites
Hospitals in Box Elder County
There are several hospitals located in or near Box Elder County. Hospitals in or near Box Elder County include:
Universities and Colleges
Universities and colleges in or near Box Elder County include:
Iron County is in southern Utah and has a population of nearly 55,000 people. Cedar City is the largest community in the county. Iron County borders Nevada on the west, Beaver County on the north, and Washington County to the south.
Rich County is a small county located in northern Utah. Much of the eastern portion of the county comprises the Bear River Valley, which the Bear River Range takes up another large chunk.
There are many moving parts when you’re buying and selling real estate. In addition to understanding how local property values affect home values, it’s also
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The deed in lieu of foreclosure transfers the title of a house from the borrower to the lender. The lender owns the home, and the borrower gets out from under their mortgage. While a deed in lieu of foreclosure will still affect your credit report, it’s often less detrimental than a full foreclosure.
If you own a home, you may be considering a few options for how to manage your home once you’ve finished working.
While 2.5% may not sound like a lot, if the buyer asks you to cover their portion of the agent fees, you could be out 5% of the sale price. If you sell your home for $450,000, that’s a $22,500 fee.
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