Photo by: David Pettit Photography

What's Happening in Springdale Real Estate?

Springdale is a very attractive place to live and people are moving here because of the mild winters, clean air and world class recreation. Homes on the average are priced at $400,000 and lots at $200,000 which go up in price from there. Springdale has not experienced the foreclosures as other towns have. I know of three foreclosure notices in the past three years. With interest rates at a 40 year low it is a great time to buy.  It would my pleasure to help you with any property listed here as well as on www.realtor.com or elsewhere. You could benefit from long-term experience of 20 years in the real estate business.

The Town of Springdale wants to protect the scenic views and minimize visual impacts to the highway corridor and the neighbor's house. The town is mindful that Zion National Park surrounds the town on three sides and wants to protect the scenic hillsides and ridgelines when residential homes are built. Their goal is to keep the unique village character, have building colors that blend into the natural landscape and prevent scarring of the natural hillside. I think the town has done an incredible job in doing that and it benefits everyone and preserves property values.

According to Springdale's building permit records in 2004 the average building cost for 10 homes  was $291,252, not including the cost of the land. In 2005, there were six building permits given for homes with an average building cost of $400,000. In 2006, there were three building permits given for homes with an average cost of  $510,000, not including the cost of the land. Taxes are discussed in the Links section of this web page.

In the past Washington County was one of the fastest growing counties in the country growing 6% annually and the state has doubled in population between the years 1990 and 2000.  But, in 2008-09, population growth in Washington County has been estimated to be .5%. With the high quality of life here surely people will be coming back here to settle.

A 2007, survey by Farmers Insurance Group of Companies ranked St George as one of the most secure places to live. Most of the people moving to St. George are retirees. Data from the 2004 Utah Driver's License Division indicates the majority of people moving into St. George are 31% from Utah northern areas of Salt Lake , Ogden , Provo , and 23% from California .

Utah's Economic Outlook  

The state's longer term economic potential, is tied to the nations' youngest workforce, solid population gains, moderate cost of doing business, business-friendly public sector and outstanding recreation opportunities ranks with any in the country.

In 2006, Utah's economy grew very rapidly. For the third consecutive year, the state outperformed the nation. Utah's job growth was 5.2%, the fastest since 1995, compared to 1.4% nationally. Utah's population grew 2.7% during 2006, three times the national rate.

In 2004-2005 Utah economic performance was solid and was ranked among the top performers in the nation. Forbes ranked Utah as one of best places to do business. The Utah economy added roughly 40,000 net new jobs during a 12-month period, a growth rate of 3.7% and ranks fourth of 50 states.

According to new Census Bureau estimates, Utah is the youngest state, with more than 30 percent of its population under the age of 18.

In 2009 visits to the National Parks were up 4% in the first half of the year. Tourism is the bright spot in Utah's economy with Utah's ski industry experiencing the third best season on record and visitation at national parks increased for the third year in a row.

Utah is expecting $4 billion to flow into the state from the stimulus package.

In  2009, the average annual wage was $37,764. The per capita personal income was $30,758.

Utah job losses have been concentrated in construction and manufacturing and primarily occurred in trade, transportation, utilities and leisure and hospitality. A net gain of 10,000 job was recorded in education and health care, government, and information sectors during 2010.

During 2010, the Utah economy is expected to continue a transition from the recession to modest economic growth. Such expected improvement will be slow and steady.

  Updated 11/12/10

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