Salt Lake City Homes For Sale | Salt Lake City Real Estate
Whether you're thinking of investing in real estate or simply looking for a great place to book a McLean Spa package then Salt Lake City, Utah is the place you want to be. Salt Lake City is a thriving metropolis popular with both businesses and private homeowners. It has a long history, a bright future, and lots of outdoor recreation opportunities. If you're thinking about buying real estate in Salt Lake City, this webpage can help. It was designed by Salt Lake City, UT real estate agents to provide you with all the information you need on business, housing, education, health care, and more in the city. So browse through and see if you can envision a future for yourself in Salt Lake City, UT.
Salt Lake City, Utah: Crossroads of the West
In the Salt Lake Valley between the Wasatch and Oquirrh mountain ranges lies Salt Lake City, Utah and the lake from which it takes its name. Salt Lake City was founded by Mormon pioneer Brigham Young in 1847 and has since developed into a thriving multicultural city of 180,000 people. It is the capitol of the state of Utah and the most populous city. Its connection via road and rail to other American cities has earned it the nickname "Crossroads of the West." Salt Lake City has been rated one of the top gay friendly cities in America and the healthiest city for women.
Salt Lake City, UT's economy is varied, with government, industrial banking, transportation, health care, tourism and high tech providing the largest chunks of the market. There are also two major universities located in the city, the Mormon-affiliated Brigham Young University and the secular University of Utah, which have a historic NCAA sports rivalry. The University of Utah has well-known programs in medicine and scientific research, and was the site of the first artificial heart transplant.
Though today less than 50% of the population of the city is Mormon, the church's heritage is celebrated in numerous historical sites and museums throughout the city and the Pioneer Day anniversary of the city's founding is a major holiday. Salt Lake City, UT is an extremely active community. It hosted the 2002 Winter Olympic Games and still draws in a lot of tourists who enjoy skiing, snowboarding, boating, hiking, biking, and climbing.
Neighborhoods and Home Styles in Salt Lake City, UT
The population of Salt Lake City, Utah is continually increasing, especially in the suburban areas on the outskirts of the city. Thanks to the freeways, railways, and geography, there are two disparate sections of the city, each with its own unique lifestyle. The western side was traditionally blue collar and in recent years the lower property values have drawn in significant numbers of young professionals, lending many of the neighborhoods a trendy feel and an accepting attitude. As a result, neighborhoods like Capitol Hill have become desirable ones. The west side of the city has seen the most development in recent years, most houses in other parts of the city date from the 1970s or earlier.
The eastern side of the city is the traditional home of the moneyed classes because it is built upon the foothills of the Wasatch Mountains and has some really spectacular views. Here you will find the Avenues neighborhood, which consists of large old historical homes in the Victorian style and the Federal Heights neighborhood, which is made up of gated communities and homes worth millions of dollars. The downtown, or central business district, has also been experiencing a housing boom, with residential occupancy rates increasing by 80% in the last fifteen years and expected to continue to increase.
The cost of living in Salt Lake City, Utah is just over 93 compared to the U.S. average of 100. The average cost of a single family detached home is around $315,000 while townhouses average approximately $256,000 and condos range from $213,000 to $274,000 on average. To rent the average apartment in Salt Lake City will cost about $660 per month.
Contact a Salt Lake City, UT Real Estate Agent
If Salt Lake City, Utah sounds like a place you'd like to hear more about, our real estate agents would be happy to give you the lowdown. They know everything there is to know about the city, so click over to our contact page and give one of them a call. The same goes for all you gung ho investors who are all set to start looking for the perfect piece of real estate. Our agents can set you up with listings and help you every step of the way.
