Alpine Meadows Market Update + Quick Bread Recipe!
This one goes out to all my neighbors! Over the next couple days I'll be delivering one of these cute little loaves of bread to each of my immediate neighbors with information about the current housing market and about my non-profit, and I thought you might want some more detailed information specific to our neighborhood. If you happen to be outside of a couple street radius from me - sorry you missed out on the bread! Baking 165 loaves was a LOT of work. Just let me know if you didn't get one and would like one.
First, the bread recipe can be found here! It's a quick bread, meaning no yeast is required, and there is a base recipe for both savory and sweet versions that you can add almost any mix-in's you please to. I had made the sweet version without any mix-in's, which turns out tasting similar to corn bread, but moist.
Also, yes I REALLY am your neighbor. My fiance and I have lived here for 2.5 years with our two dogs, who I'm sure are sorry for barking at you as you walk past our house. (The dogs, not the fiance. Haha)
Now for the fun stuff!
Our neighborhood has seen some major benefits from this latest housing boom! Currently the median sales price is $226,000, and last year at the end of the first quarter it was only $196,000. That's a 15.3% increase, which is pretty incredible! Salt Lake County as a whole saw a 10% increase last year.
There have also been lots of remodels going on, which is also good for home values. The house that sold for the least last year at $164,250 was completely remodeled and appraised last fall for $220,000.
To be clear on what area we're talking about - Alpine Meadows is a neighborhood of homes north of 3100 S, a couple blocks west of Bangerter Highway (starting at Carla St), and east of Monroe Elementary School. This subdivision was built in the early 1980's, with most houses being split-level style homes, and some ramblers and tri-levels mixed in.
Want to see what's sold recent? Here is a slide show of all the homes in the neighborhood that have sold in the last year and what's currently under contract.
If you're curious what your house is worth - Just reach out to me, and I would be happy to perform a free comprehensive market analysis specific to your home.
If you've been considering selling - We are at the top of the market, and are expecting the next recession to start late 2019 or early 2020, so now may be the time. I can definitely help you consider all your options in that regard.
As always, let me know if you have any questions! I'm happy to help in any way I can.