Sun Valley Round Up

After a very slow start to the ski season we have finally accumulated some measurable snowfall. I had a great day skiing some soft off-piste bumps and a few runs in the bowls yesterday! Finally.

One year ago real estate began to slump due to fears of a recession and high interest rates. This never materialized in Sun Valley, and it feels as if we are back on an upswing. I have seen several predictions for interest rates in the 5% range by the end of 2024.

Sun Valley Market Report

For the first 3 weeks of January 2024

Price Reductions 28
Closed sales 27
New listings 56
Pending sales 53

Ripe for a Remodel

Construction costs have stabilized and many contractors have “normal” workloads; a remodel project seems more feasible than it did in the past several years. I recently toured these homes that are “Ripe for a Remodel”.

New on the Market

This home is located just off Warm Springs Road in a quiet residential neighborhood on an oversized lot. It is ready for a new look as many of the homes on this street have been rebuilt.

Great Location and Lot, Remodel
This is a wonderful family home in one of the best neighborhoods in Warm Springs…close to town and bus route to WS ski lodge. It features large living room windows… Read more.
Great Location and Lot, Remodel
This is a wonderful family home in one of the best neighborhoods in Warm Springs…close to town and bus route to WS ski lodge. It features large living room windows… Read more.

Price Reduced

This home has an attractive location and great “bones” for a remodel. Enjoy a quiet street in Elkhorn with BLM access out your back door.

Excellent Remodel Potential
Private and Pristine 3BR & loft, 3.5BA home in Sun Valley, ID. Massive primary suite, elevated views, extreme privacy on a dead-end street. Newer 50-year Davinci Roof, cathedral wood ceilings,…
Excellent Remodel Potential
Private and Pristine 3BR & loft, 3.5BA home in Sun Valley, ID. Massive primary suite, elevated views, extreme privacy on a dead-end street. Newer 50-year Davinci Roof, cathedral wood ceilings,…

Talk soon,
Kirsten

Kirsten DeHart
Broker/Owner
208-721-4131
Wood River Properties

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