Seller Resources May 1, 2015

Why Use A Realtor When Selling? 

Selling your home can be a difficult task. With competition from neighbors and new construction, how can you get your home sold in a reasonable time for a fair price? Why pay a realtor?  The benefits to using a realtor when selling your home are many. They can help you determine the best time to sell, advise you on how to prepare your home to enter the market, determine the best price, market your home to the widest and best audience, and guide you through the selling process. Their experience can make your selling experience nearly carefree. 

Determining the Best Time to Sell

While employee transfers or other situations may not have the freedom to decide when to sell, the decision about when to sell is important. Do you have a deadline to sell? Can you wait a bit longer for a specific buyer? Do you have children in school? In all cases, but especially in SunCrest, the season and weather can have an effect on the market to sell your home.  

Listing at the wrong time can adversely affect your bottom line. With three decades of experience and residents of SunCrest, Robyn and Scott can help marry your home-selling needs with the condition of the market to get you in the market at the right time and get top dollar for your home.  

Preparing Your Home

Many sellers unwittingly spin their wheels trying to get their home ready for the market. On a limited budget, which will make the most difference: painting the walls or re-carpeting? Landscaping or finishing a bedroom?  

In addition to upgrades and fixes, how should you present your home to be sold? Did you know that removing appliances from the kitchen counter makes your kitchen look bigger to buyers?  

Why stab in the dark at what you think might make a difference, when an experienced Realtor can help you prioritize projects that amplify your bottom line?  

Determining a Price

The price of your home is a huge factor in determining how to sell your home. While it may be tempting to set a high price in hopes of luring still-generous offers, research shows this can actually drive away potential buyers, steer them towards your competition, delay the time it takes to sell your home, and result in a lower than fair final purchase price.  

A Realtor has powerful tools at their disposal to determine “fair market value.” Once this value is determined, you and your Realtor can decide where to set the price of your home– 5-10% above, 5-10% below, or right at the value–depending on your situation.  

Marketing Your Home

There’s much more to marketing than a “For Sale” sign in the yard. Open houses, magazine listings, flyers, websites; there are many methods to choose from.  When Robyn and Scott sell your home, they prepare a custom “25 Point Marketing Plan.” This plan goes through 25 exhaustive points to find the right tactics that will attract the right buyers at the right time, to get you a great price for your home. It’s a system they’ve developed over nearly 30 years in the industry and has proven results: in SunCrest it’s sold hundreds of homes since the community was built.  

The Selling Process

Offers. Counter-offers. Contingency offers. Seller concessions. On your own the selling process can be overwhelming. Having an experienced realtor to filter out offers and advise on the best offers will ultimately help you get the best price for your home.  Price, however, is only one facet of an offer. What about timeframe? Concessions? Who pays closing costs. Many times there is a better way to structure an offer that benefits you without affecting the buyer. Having a Realtor means knowing what options are available to you and having a smooth, easy transaction.  

Experience

It boils down to this: Realtors have done this time and time again. Experience is invaluable, and with three decades under our belt, Robyn and Scott have sold hundreds of homes.  Buyers will almost certainly have an experienced Realtor in their corner. It pays to level the playing field and put one in yours.

SunCrest Market Updates May 1, 2015

April SunCrest Market Update

Download this Market Update.

Hidden Canyon Estates, Mercer Mountain Estates and Lakeview Heights

There’s more development in motion in SunCrest! Recently, Draper City Council approved a master development agreement regarding the properties known as Hidden Canyon Estates, Mercer Mountain Estates and Lakeview Heights.

Hidden Canyon, Mercer Mountain, and Lakeview Heights

Map of Hidden Canyon, Mercer Mountain, & Lakeview Heights
Click to open larger view

Hidden Canyon Estates

Located adjacent to the Stoneleigh Heights Townhomes and the future Edelweiss development, the agreement allows up to 300 single-family homes with a minimum lot requirement of 7,500 sq. ft. The developer will contribute $500,0000 towards the construction of trails/trailhead in either the first or second phase.

Mercer Mountain Estates

This 20-acre parcel, acquired in the Zion’s Bank acquisition, will be limited to 50 single-family homes with a minimum lot requirement of 12,000 sq. ft. The agreement will allow for a gated community if desired and all roads within MME will be private streets.

Lakeview Heights

This 20-acre parcel, commonly referred to as the “concrete jungle,” was also acquired in the Zion’s Bank acquisition. This parcel will allow townhomes or condos and be limited to 160 units and all roads within LH will be private streets.

March Active Listings

march-2015-active

March Pending Listings

march-2015-pending

March Sold Listings

march-2015-sold

Our Take

Demand has been heavy for new construction throughout the valley and we expect SunCrest to be no different. With over 500 units slated above, we expect to see varieties in sizes, floor plans, and the latest trends that will appeal to a wide range of homebuyers bringing in more competition if you’re in the market to sell.

SunCrest DevelopmentSunCrest News April 30, 2015

Hidden Canyon Estates, Mercer Mountain Estates, and Lakeview Heights

There’s more development in motion in SunCrest! Recently, Draper City Council approved a master development agreement regarding the properties known as Hidden Canyon Estates, Mercer Mountain Estates and Lakeview Heights.

SunCrest Development - SunCrestLifestyle

Hidden Canyon Estates

Located adjacent to the Stoneleigh Heights Townhomes and the future Edelweiss development, the agreement allows up to 300 single-family homes with a minimum lot requirement of 7,500 sq. ft. The developer will contribute $500,0000 towards the construction of trails/trailhead in either the first or second phase.

Mercer Mountain Estates

This 20-acre parcel, acquired in the Zion’s Bank acquisition, will be limited to 50 single-family homes with a minimum lot requirement of 12,000 sq. ft. The agreement will allow for a gated community if desired and all roads within MME will be private streets.

Lakeview Heights

This 20-acre parcel, commonly referred to as the “concrete jungle,” was also acquired in the Zion’s Bank acquisition. This parcel will allow townhomes or condos and be limited to 160 units and all roads within LH will be private streets.

SunCrest News October 31, 2014

Future SunCrest Development

Future SunCrest Development

Let’s take a look at what we can expect going forward regarding future development in SunCrest. With DR Horton completing their development in Stoneleigh Heights and continuing their build out in Tall Woods and Mercer Hollow, let’s look ahead to 2015!

Edelweiss 

Edleweiss - DJMLocated north and east of the existing Stoneleigh Heights townhomes, this appears to be the next addition to SunCrest. Edelweiss was recently granted a zoning change to allow their proposed development of 181 townhomes, cottages and single-family estate on 61 acres. Access to this parcel is through Stoneleigh Heights Drive, Haddington Drive and an emergency access off Deer Park Lane.

Hidden Canyon Estates (DJM Investments LLC)

Located east of the Edelweiss development and Stoneleigh Heights III, it’s believed that this development is seeking about 300-350 homes on approximately 135 acres. This development will likely connect to Edelweiss, as well as a new road from SunCrest Drive.

Michel Land LLC 

Shoe Box MapKnown as the “shoe box” property, this 83-acre development has recently been discussed to include residential homes and possibly a storage facility and/or a charter school. Recent tractors and machinery in the area suggest geotechnical studies and soil analysis may have begun.

Draper City Surplus Parcels

Surplus AreaThe 20-acre parcel located near Maple Hollow has been an eyesore for many and commonly referred to as the “concrete jungle.” This parcel, when developed, is likely to include higher density units. Draper City declared this and an additional 100-acre parcel near Highland as surplus earlier this year. Declaring property as surplus is the city’s formal declaration of their intent to sell. Requests for proposals were sent out by the city but at this time, it’s still owned by the city 

Deer Ridge III

Deer Ridge III MapOriginally planned for 30-40 custom homes, it’s unlikely this area will remain undeveloped; much of the infrastructure is already in place. This area does, however, present a challenge to future developers due to only having a single access point in the event of an emergency.

 
Our Take: With the real estate market stabilizing, fewer distressed properties, attractive interest rates, and high demand for new construction, we expect 2015 to a busy year for new construction in SunCrest. If you love SunCrest and are thinking about building your dream home, now is a great time to prepare to get the pick of the litter in new lots.