Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Summit Park, UT. There are 0 discounted homes for sale in Summit Park, UT we think you'll love.
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Summit Park is an idyllic mountain community known for its breathtaking views, outdoor activities like skiing and hiking, and a welcoming atmosphere. It offers easy access to the amenities of Park City while maintaining a peaceful residential feel. Families appreciate the excellent schools and vibrant community life that this area provides.
There are currently 33 real estate properties in Summit Park, UT, with a median automated valuation model (AVM) price of $1,539,835.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summit Park, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Summit Park, UT, is $1,983,285.00, with the most expensive house in Summit Park, UT, topping out at $5,857,654.00 and the cheapest home in Summit Park, UT, clocking in at $319,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Summit Park, UT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summit Park, UT, is on a rollercoaster ride. The average rent price in Summit Park, UT, is $4,053.00. Indeed, when looking to rent in Summit Park, UT, you can expect to pay as little as $1,740.00 or as much as $5,500.00, with the average rent median estimated to be $3,960.00. The good news is that finding an affordable and desirable property to rent in Summit Park, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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