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 are listed at $545,000, $589,900, $829,000 and $1,749,000. An historic home zoned central commercial located center of town currently used as a B & B $1,250,000. A motel for $7,900,000 and a retail building $600,000. Lots are listed from $244,900 and up . In Anasazi Plateau Subdivision there are Lots available and prices start at $299,000.   It would my pleasure to help you with any property listed here as well as on www.realtor.com or elsewhere.

The town 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.

To help provide affordable housing in Springdale the town is participating in a moderate income housing project called the Redhawk Project and is paying for some of the development costs. The developer Color County Community Housing, Inc. is a non-profit group that is partially funded by state (CDBG) and Federal (HUD) grants. The project is located across from the Springdale Town Cemetery. You will have to apply if you want to buy a home or rent an apartment and the application has eligibility and income requirements.  The town will come up with the guidelines and Color County will decide what applications will be approved. The applications will be competitive and points will be given for example, if you have a job and live in Springdale you would be given more points. There will be 24 rental apartments, 15 single-family homes, seven of which will be sold at the current market rate, which one is currently for sale at $545,000. The project will be built in phases starting with a few homes.  

In Springdale, since there are more buyers than sellers land and house prices  continue to escalate. According to Springdale's building permit records in 2004 the average building cost for 10 homes    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 2006, The Washington County's gross taxable sales increased by 7% and the county's job growth rate was 6%. 

Washington County is 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.  

A 2007 survey by Farmers Insurance Insurance Group of Companies ranked St George as one of the 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  

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.

Trade, transportation and utilities, the state's largest overall employment sector, added roughly 6,000 net new jobs during the past year. Other sectors, including education, and health, leisure and hospitality, government, and manufacturing added at least 2,500 net new jobs.

State economists are projecting Utah will end the fiscal year 2006 with a record $400 million in surplus revenues. According to new Census Bureau estimates, Utah is the youngest state, with more than 30 percent of its population under the age of 18.

  Updated 1/23/08

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