JACKSON HOLE BUYER'S GUIDE




Investing in real estate is one of the most important decisions you will make. Deciding how you’ll navigate yourjourneyisequallycritical.
KellerWilliamsbelievesthatrealestate isalocalbusiness,drivenbyindividual agents and the market share they’ve earned. As your team on the ground hereinJacksonHole,wehavetheinside knowledge of the market and local community you will need to make informeddecisions.
As leaders in luxury, we are excited to share our key strategies that make us unique – from finding the right propertyattherighttimetopurchasing it at the right price. Your needs drive howwewillwork.
We pride ourselves on our ability to moveyoufromwhereyouarenow,to where you want to be. We are your locally owned brokerage in Jackson Hole.
Less than 3% of the land in Teton County, Wyoming is privately owned and developable. The remaining 97%+ is undevelopable because it’s federally owned or under some degree of a conservation easement, leaving an abundance of open space for unobstructed views and room for wildlife to roam freely. This ensures thatourstunningsceniccorridorsand abundant wildlife will remain protected.
Yellowstone, the first established national park in the United States, is only 57 miles from the Town of Jackson with a portion of the park located in Teton County. Within Yellowstone’s2.2millionacres,visitors have unparalleled opportunities to observewildlifeinanintactecosystem, witness geothermal areas that contain about half the world’s active geysers, and view geologic wonders like the Grand Canyon of the Yellowstone River.
FarthersouthandclosertotheTownof Jackson, the Teton Mountain Range towers over our region representing a monument to our predecessors who fought to protect it. This foresight formed Grand Teton National Park where you can explore over two hundredmilesoftrails,floatthemighty Snake River, and enjoy the serenity of thisremarkableplace.
REGARDLESS OF SEASON, REASON OR SKILL LEVEL, JACKSON HOLE HAS SOMETHING FOR EVERYONE.EXPLORE JACKSON
OurlocalCommunityFoundationwrites,“Youmayhave heard that philanthropy is a defining principle of our community’scharacter.Datingbacktothehomesteading days, the long-standing tradition of ‘taking care of your neighbor’remainscentraltoday.”
Over240localnon-profitorganizationshelptheJackson community thrive. And, one of the most innovative fundraisersinthenation,OldBill’sFunRun,isalsoone of the most successful. In 2022, this event raised $20 million dollars from over 4,158 donors. Old Bill’s has brought an astounding $208 million in philanthropic dollarstoourcommunityfromitsinception.Thesefunds are busy feeding the hungry, supporting the sick and elderly, teaching kids to read, protecting wildlife, providingaffordablehousing,enrichingourlivesthrough the arts and touching the lives of everyone in Teton County.
It'snosecretthatJacksonisknownforitswintersports. Jackson Hole Mountain Resort, Snow King Mountain, andGrandTargheeResort(ashortdriveoverTetonPass) offerskiingandsnowboardingforbothbeginnersandthe most advanced riders. Other popular winter activities in the region include snowshoeing, snowmobiling, dog sleddingandrelaxinginthelocalhotsprings.
The summer months are gorgeous and popular, with warm, sunny days followed by crisp, cool evenings. Outdoor activities include hiking, fishing, boating, rock climbing, mountain biking, camping, wildlife viewing, tennis and golfing. The long summer days and jawdropping summer sunsets do not disappoint in Jackson Hole.
Ifflyfishingismoreyourspeed,hireaguidetofloatthe mightySnakeRiverorhiketoaclearstreaminthenearby mountains. Avid fishermen may choose to spend a leisurelydaywithnoagendaorsign-uptocompeteinthe famous“OneFly”eventinearlySeptember.Whileteams vie to out-fish the competition, the event ultimately benefits trout populations and habitats through philanthropy
TheJacksonHoleAirportisconvenientlylocatedonly9 miles from Town and about 20 miles from the Jackson Hole Mountain Resort. With non-stop flights from 16 majorUScities,JacksonHoleisthemostaccessibleresort destinationintheRockies.
JacksonHoleAIRImprovementResources(JHAIR)isa non-profit organization that promotes collaborative communityeffortstoguaranteetheavailabilityofairline seatscomingintoJacksonHoleandfurtherprovideslocal merchantswithoutstandingbenefits.
JacksonHoleAirportislocatedwithintheGrandTeton National Park on the eastern slope of the spectacular Teton Mountain Range. This majestic location creates amazing experiences, and it demands environmental stewardshipandsustainablepracticesfromusall.
Jacksondrawsartists,photographersandmusicianstoits natural beauty. Film festivals, concerts and performing artseventsfillthetown’seventscalendarthroughoutthe year,exposinglocalsandvisitorstoworld-classtalentand artistry,andmakingJacksononeofthemajorartmarkets intheUnitedStates.
JacksonHoleandTetonValley,Idahohostmanyfamilyfriendlyconcertseachyear.Fromthesymphonytomajor artistsandlocalbands,musicfillsthemountains.Ifartis more your style, The National Museum of Wildlife Art and many in-town galleries exhibit art for all types of collectors.
Wyoming’s deep history in agriculture and western ranching contributes to impressive options in local cuisine.LocalharvestsattheFarmer’sMarket,wildgame andorganicingredientsoffertastesuniquetotheareasuch astrout,elk,morelandchanterellemushroomsandeven summertimehuckleberries.
Your location in the Jackson is an extension of your home and the surroundings, tributaries, views and access to amenities vary across the valley. Our local agents play an active role in this community and are equipped to assist you in identifying what location suits your needs.
Considered the heart of Jackson Hole, the TownofJacksonisavibrantplacetolive. With many restaurants, art galleries, theaters, outdoor markets and nightlife, there is something for everyone ’ s interest. Here you will find all types of real estate fromhistoricsingle-familyhomes,tolegacy estates, modern condominiums and townhomes as well as interesting commercialinvestmentopportunities
Heading north from the Town of Jackson gets you closer to the spectacular Grand Teton National Park Many residents here are up close and personal with the Grand Teton and the entire range. The Snake River meanders through this region as its headwatersliefarthernorthintheheartof the Greater Yellowstone Ecosystem. Real estateoptionsinthisregionarelargerlots, single-level homes protecting views, and a small number of condominiums near the resortsinthisregion.Viewsareoftenwide openandsomearepermanentlyprotected.
Headedsouth,closetotown,youwillfind l ll stablished subdivisions, single-family homes on Toward the Snake River, with estate homes offer ntainviewsandthecanyon g, kayaking and rafting Club at 3 Creek and the rtingClubarebothlocated egion.
Thisareaincludesthelittlemountaintown ofWilson,locatedatthebaseofTetonPass and on the west side of the Snake River, commonlycalledthe“Westbank”.In-town, Wilson residents occupy single-family homesontownlots.Largerestatesdotthe areasbothnorthandsouthofWilson,some withnationalforestorlive-wateraccessand many with incredible views. Although Wilsonhasitsown“downtown,”it’squaint withtheessentials,buttheTownofJackson isjust6milesaway.
DirectlyatthebaseoftheTetonMountain ackson Hole Mountain Resort is ntheareaknownasTetonVillage. es here have the closest proximity ountain skiing, with a number of s offering ski-in and ski-out nce.Locatedintheresortdistrict, e older and newer single-family as well as condominiums and mes.Therearealsocondo-hoteland loptionsalongsidere-development nities
Rendezvous Bowl at the Jackson Hole Mountain Resort averages over 460 inches of snowfall each winter season.
2
The vast majority of Teton County, Wyoming is comprised of federally protected land and private land under conservation easement.
1 3
The State of Wyoming has the lowest population of any state in the US at 584,000 in 2022.
4
More than 60 species of mammals, 100 species of birds and a halfdozen species of game fish live in the Jackson Hole area.
The highest peak in the Tetons is the Grand Teton at 13,775. The elevation of Jackson’s valley floor is 6,237 feet.
6
Wyoming was the first state government in the world to allow women to vote (51 years before the U.S. amended the constitution).
5 7
Jackson Hole was named after Davey Jackson, a mountain man who trapped and lived in the area during the late 1800s.
No transfer tax on real estate sales.
No state income tax for residents. Personal and corporate incomes are not taxed by the state, so you have more disposable income.
Dynasty trusts. Using a Wyoming dynasty trust, you can shield your real estate from federal estate taxes for up to 1,000 years for the benefit of your family or other beneficiaries. Multiple generations can enjoy the property, without paying estate taxes or worse, having to sell it to pay the taxes. You must administer the trust within the State of Wyoming.
Out-of-state retirement is not taxed. People who use Wyoming as a second home may have retirement income from other states where they live. If the participant is a Wyoming resident when they take that income, then the original state cannot tax that income as well.
No state gift tax. Those who own real estate in Wyoming can ‘gift’ it to their heirs without paying state gift taxes.
No inheritance or estate tax. Inheritance taxes are not assessed in Wyoming.
Low property taxes. Compared to other states, Wyoming has very low property taxes. The taxes that you do pay here are based on the assessed value (9.5%) of the property.
No excise taxes. Whether you fill up your car with gas or buy groceries, you won’t be charged any excise taxes in Wyoming.
No tax on mineral ownership. Many states charge owners a tax on their mineral ownership, but Wyoming does not.
No intangible taxes. Bonds and stocks aren’t taxed in Wyoming.
Beautifulscenery,savingsonincome taxes,ruralliving,lowercostofliving, andaslowerpaceoflifecouldbeyours.
M
You are partnering with the entire Keller Williams JacksonHoleoffice.Thatputsyoursearchinthehands ofthemostresourcefulandexperiencedrealestateteam inthevalley.
And by choosing to partner with Keller Williams, you gain access to a suite of technology that keeps you informed and engaged with what’s happening in the regionsofthevalleythatareofinteresttoyou.
Yoursearchwillextendbeyondtheboundsoftraditional MLS.
Inafast-movingmarketlikeJacksonHole,itisimportant tohaveinsightintolistingsbeforetheyofficially“hitthe market”. Agents within Keller Williams Jackson Hole share local knowledge about listings that may remain privateforaperiodoftime.Thisinformationiscollected anddiscussedwithourteamonadailybasis.
With the collection of historical data we track even the smallesttrendinthemarket.Ourweeklymarketsnapshot capturesnewlistings,dollarvolumeandunitssoldinour region every Monday morning year-to-date, along with quarterlytrends.
Learn+Understand
Localinsight
MLSareainformation
Timeonmarket/newto market
Off-marketopportunities
Getpre-qualified
Research+Compare
Locations
Amenities
Lifestyleneeds
Choosealender
DetermineOffer
Negotiateapurchaseprice
Reviewcontractterms+ deadlines
UnderContract
Securefinancing
Acquirehomeinsurance
Scheduleinspections,repairs+ appraisals
Neutralizecontingencies
Conducttitlesearch
Scheduleclosing+move-in
dates
PrepareforPurchase
Prepareearnestmoney
CreateTimeline
Closing
Finalwalkthrough
Financingfinalized
Securehomeowner’sinsurance
BringIDstotheclosingtable
Recording +WarrantyDeed
transfer