SunCrest Homes August 11, 2017

15051 S. Winged Bluff Lane | 24/7 Scenery

$435,000 | 3,023 sq. ft. | 6 beds | 3.75 baths

Yes, this is one of those “mountain views out the back door” SunCrest homes. You know the ones we’re talkin’ ’bout: sunrises, sunsets, and 24/7 scenery.

Plain and simple, it doesn’t get better than this for those that covet the SunCrest lifestyle. The backyard faces east which means your evenings on the deck (which can easily support a hot tub) aren’t spent baking in the summer sun, but soaking up those fiery views that never get old.

 

It’s not all about the outside here, the inside packs quite the punch. Oversized windows decorate the back of the home so that view is never lost within the walls.

The kitchen was recently freshened up with new cabinets and counters, and is likely the biggest on the block. A no-brainer for those who love to entertain.

The master retreat and adjacent bedroom/office deliver the most elevated views of the house. Go ahead, enjoy the moment.

Let’s be honest, with five beds, four baths, a three-car garage, and two laundry rooms, this fully finished home is one you won’t want to miss.

SunCrest Homes July 28, 2017

1846 E. Clover Leaf Lane | Jump Right In

$389,000 | 2,932 sq. ft. | 4 beds | 3.5 baths

We’ll spare the tired “Welcome Home Blah Blah” real estate jargon, and jump straight to the meat and potatoes: Five bedrooms, 3.5 bathrooms, fully finished, and fully fenced.

But what really makes this house special is that it won’t leave you hungry for more. For starters, the gigantic entry is the perfect spot for welcoming friends, family, or new neighbors into your home. It’s lined with windows for light, yet dressed nicely with those “Oooh, I’ve always wanted shutters” windows coverings.

The kitchen (new granite tops, btw) and family room flow seamlessly and pair pefectly together (think: peanut butter and jelly, wine and cheese… you get it.)

Three bedrooms, including the master, are upstairs with a universal room for whatever you want to put on your plate. We like an office or kids play area, but hey, po-TAY-to / po-TAH-to, it’s up to your home design appetite.

When you’re ready to let kids, pets, or unruly partners burn some calories, send them out to the flat, fully fenced yard or across the quiet street to the neighborhood park.

Yeah, this home really is all that and a bag of chips.

SunCrest Homes June 6, 2017

2022 E. Oak Summit Drive | Intentionally Designed

$599,900 | 4,158 sq. ft. | 7 beds | 3.5 baths

Intentional. Being intentional. That’s what was on the homeowners’ mind when they built this home.

From the precise placement of the home on the lot, to a layout that would provide maximum usage of space while still creating easy breezy living; this home was crafted with intentional detail.

The lot, for example, is intentionally placed to take in the picture perfect views that SunCrest is known for. Enjoy a cup of joe as you watch sunrises over Mt. Timpanogas or roast a ‘mallow as you enjoy the evening shade on nearly a third of an acre – fully landscaped.

That intentional outdoor space is probably our favorite. Start that grill or save us a spot on the covered deck; relaxing with neighbors never gets old.

Inside, the intent was for main floor living and less up-and-down time. The outcome? More time spent in the large great room that has windows spanning all around.

The master retreat was created with the intent to feature views of both Lone Peak and Mt. Timpanogas.

Downstairs was intentionally designed for multiple uses: tweens, teens, babies, or booomers-no matter the age, the family room, full kitchen and four bedrooms can be enjoyed by anyone or whatever purpose you intend.

SunCrest Homes May 20, 2017

1451 E. Meadow Bluff Lane | Right on time

$699,000 | 5,056 sq. ft. | 4 beds | 3.5 baths

“If only I could find the time…” How often do we say that? Lean in close, because we have a secret: we found it. After years of searching, it turns out more time was hiding in this stunning Deer Ridge custom home.

A massive covered deck means more time to take in the sunset or host a BBQ. Time for you with the main level living.

Gorgeous hardwood floors and spacious windows everywhere flood the space with natural light for a bright, timeless feeling.

The gourmet kitchen makes everything a breeze and gives you time to try that recipe, using the stainless steel appliances, granite countertops, and convection oven.

Three fireplaces give you options and time to read a book on a cool evening.

Time outside, you say? Forget yardwork. Mature trees, natural gambel oak, and perennials around the landscape will free up your weekend time for summer fun. We’re thinking time to sit by the fire pit and create new memories!

Not only does this home feature some of the most breathtaking panoramic views of Lone Peak, the Oquirrhs or the city lights of Salt Lake, but it also gives you the kind of time you’d like to really soak them up.

Our advice: take time to see this home before it’s gone.

SunCrest Market Updates May 18, 2017

May SunCrest Market Update

Follow along:  Newsletter | Facebook | Instagram 


Appraisals, appraisals, appraisals

It’s no secret that SunCrest home values have increased dramatically over the past two years. Gone are the days of homeowners drowning with an “underwater” mortgage (yay!) and many SunCrest homeowners who purchased at the bottom of the market are sitting on substantial amounts of equity. However, in a hot SunCrest real estate market, buyers and sellers are being faced with a challenge: The Appraisal.

Unless it’s an all cash purchase, each home must be sold twice. First to a prospective buyer who makes an offer, and second to the appraiser who must agree that it’s worth what a buyer is offering. When a market sees rapidly rising prices, appraisal values may lag behind and that second sale can be more difficult than the first.

In a sizzlin’ SunCrest real estate market, SunCrest homes are receiving multiple offers and offers above list price. The appraiser is then tasked with supporting the buyers and sellers opinions of value. The problem? In many cases, the appraiser’s opinion of value is different than the contract price. According to a recent report by Quicken Loans, the gap between homeowners opinion of value and that of an appraiser continues to widen. This growing gap is causing some hiccups to an already emotional process.

 Our take: 

The appraisal came in low. Now what? Our advice: be prepared. At the time an offer is submitted and reviewed, discuss the options of the “what if the appraisal comes in low?” Are the REALTOR and seller prepared to dispute the value if they feel it is wrong? Does a buyer have the ability to pay above the appraised value and/or work with their lender to restructure a loan? Having a professional on your team who is able to support, educate, and most importantly communicate the contract value may not only help a buyer or seller achieve their SunCrest real estate goals but save potentially thousands (even tens of thousands) in the event of a challenging appraisal value.


Our SunCrest Market Update is a hyper-local analysis of the most up-to-date information regarding the SunCrest real estate market.  The previous month’s SunCrest housing information and future editions are released monthly.

SunCrest Homes April 28, 2017

15093 S. Winged Bluff Lane | SunCrest life at its peak

$415,000 | 3,122 sq. ft. | 6 beds | 3 baths

By now you know ’bout our affinity for SunCrest, so we’ll forgo the fawning over miles of nearby outdoor recreation and clean air, and jump right to the point: If SunCrest is life at the top, then this spot is at the tippy-top of the neighborhood.

Posted at the pinnacle of Winged Bluff Lane, living here means you’ve got an all star line up of views that include Lone Peak and Mt. Timpanogos by day, and the lambent (thanks daily word!) lights of Salt Lake and Utah County at night.

The oversized Trex deck handles the hot tub with ease and even leaves enough room to follow your fave yoga-at-home vids while taking in the crisp mountain air.

The manicured, fully landscaped yard has a view-friendly fence that is ideal for keeping kids, pets and the scenery all within the same line of sight.

Inside, the layout is simple and inviting. Windows are placed right where you’d expect them, and the home’s open spaces are spot on for family gatherings, dinner with friends, or enjoying the peaceful mountain setting on your own time.

Three bedrooms and two large family rooms on each level allow for customization to your lifestyle. If that isn’t enough, we challenge you to find a master suite with better vistas than this.

SunCrest life at its peak.

15093 S. Winged Bluff Lane

SunCrest Homes April 4, 2017

1792 E. Auburn Ridge Lane | Be Our Guest

$389,900 | 2,801 sq. ft. | 5 beds | 3.5 baths

Plucked straight from the “what’s what” in home fashion trends, this home at 1792 E. Auburn Ridge Lane serves up a delicious dose of oohs and ahhs.

The owners went all out on the jaw dropping remodel. Starting with the kitchen, they added beautiful quartz counters, eye catching subway tile, sleek white cabinets, stainless appliances, and a decorative barn door to boot.

The updates continued in the entry where they opted for a more open feel by removing the former wall – hard to disagree with open concept living, in our book.

Be our guest in the wide open downstairs. This family room will kick your cinema habit in favor of cozying up to watch your favorite flick on the theater style seating.

In the back, transition from indoor to out, with French doors that open up to one of the biggest yards on the block. It’s flat, fully fenced, decorated with mature landscaping, and has a patio perfect for entertaining. Cheers to this one folks; you’re home.

SunCrest Homes March 11, 2017

1940 E. Oak Bend Dr | Spring Is Calling

$334,900 | 2,135 sq. ft. | 4 beds | 3.5 baths

For those keeping a watchful eye on the SunCrest real estate market, it’s common knowledge that a home in the low $300s is pretty rare. So we don’t think it’s too far of a stretch to say we may have just rounded up your next space.
1940 E. Oak Bend Drive
For starters, the four bed, 3.5 bath layout is equal parts practical, sensible, and functional.

You’ll find real hardwood floors, three tone paint (we love the modern grays), upgraded fixtures, and a modernized kitchen that features stainless appliances, sleek white cabinets, and a designer subway tile backsplash.

The front of the home overlooks Lone Peak and if you’re up to it, it makes a great hike, or the perfect conversation piece as you entertain guests in the home’s great room.

Downstairs is our pick for nights at home or catching your favorite team (or some zzz’s) as it boasts a cozy family room, another bedroom, and a full bath.

1940 E. Oak Bend Drive

Outside, spring will be calling your name as you step foot on the oversized Trex deck and accompanying pergola. The fully landscaped yard means more room for family games or playing fetch with Fido or watching the wildlife wake up from winter.

1940 E. Oak Bend Drive

SunCrest Homes February 3, 2017

14943 S. Laurel Oaks Court | Cover Girl

$575,000 | 4,632 sq. ft. | 5 beds | 4.5 baths

We don’t really love cheesy descriptions. Stuff like “hidden gem” and “massive curb appeal” tend to make us cringe. So, we’re not going to use the phrase “picture perfect” here, even though we really want to. Let’s just say that if you were looking for a magazine cover shot, we can’t really think of a better home than this one.

With Lone Peak as a backdrop, and the mature landscaping that abuts a gorgeous walkway leading to the grand entry, she’s a cover girl, for sure.

Look up or look down when you step foot in this two-story; either way you’re in for a treat. Cherry hardwoods extend across the home’s main and second levels. Windows decorate the walls and let the light flow throughout.

The main floor (and entire home, for that matter) is set for easy living with the kitchen placed squarely at the heart of the home while the dining, living, and family rooms branch out from there.

The ever-so-convenient deck is nestled among the gambel oak, a hallmark of the SunCrest community.

Upstairs, the master bedroom is covered in views of the Lone Peak wilderness range. The spa-like master bathroom is perfect for soaking in relaxation amid life’s busy events.

Two other bedrooms, a jack and jill bathroom, and a loft that is begging for a telecommuter or kids’ area round off the second story.

Downstairs finds 10-foot ceilings, a large family room, two bedrooms, a full bathroom and walkout basement. The park-like backyard and waterfall are just what you’d hope for to compliment the home’s exquisite design.

We won’t say it’s “picture perfect,” but you definitely will.

SunCrest Market Updates January 27, 2017

January SunCrest Market Update

Follow along:  Newsletter | Facebook | Instagram 


 2016 SunCrest Real Estate Review

With 2016 now in the books, it’s a good time to reflect on the last year, and look ahead to the next. In 2016, we saw the highest levels of activity in a decade. Homes sold more quickly, inventory was scarce, and interest rates remained low. Like you’re annual checkup with your doc, here’s the report on the last year of SunCrest real estate.

SunCrest Homes sold quicker
In 2016, SunCrest homeowners saw their homes spending less time on the market. The average days spent on the market was 53 days, nearly half (91 days) of what it was in 2015.

2016 SunCrest Market Summary

2016 SunCrest Market Summary

SunCrest Inventory was scarce 
Months supply of inventoryBuyer demand continues to outpace the supply of homes for sale. Nationally, year-over-year inventory levels have dropped each of the last 18 months. Inventory now stands at a 4-month supply, well below the 6-month supply needed for a ‘normal’ market. In SunCrest, we are below a 2-month supply and have been for the past year. Based on this theory, if nothing else was listed and the current demand remained the same, every home currently on the market in SunCrest would be sold in 2 months.

 

Interest rates remained low
2016 Interest RatesIn addition to rising home prices and limited inventory, mortgage rates were a hot topic in 2016 resulting in an active real estate market. The presidential election, however, did impact rates. Rates increased nearly three quarters of a point (or  approximately 3.5% to 4.25%) but have since stabilized. Further, citing an improved economy and further job growth, the Federal Reserve recently raised interest rates. It’s anticipated they’ll do this three times, in each of the next two years.

 Our take: 

We are often asked, “How’s the market?” Our answer: “Which segment of the market? Townhomes? Custom homes? Starter? Move up?” Depending on what segment may impact the answer. Townhomes are selling in a matter of days, whereas the average time for half million dollar and above homes is nearly double (or triple!) the average of all SunCrest. And new construction? Well, you get the point. It certainly can be a good time to buy or sell, but everyone’s timing, housing need, work situation, and/or family decision is different. We believe in analyzing and arming you with relevant information to make an informed decision specific to your needs.


Our SunCrest Market Update is a hyper-local analysis of the most up-to-date information regarding the SunCrest real estate market.  The previous month’s SunCrest housing information and future editions are released monthly.