Jackson Hole Buyer's Guide

Page 1

JACKSON HOLE BUYER'S GUIDE

E a c h o f f i c e i s i n d e p e n d e n t l y o w n e d a n d o p e r a t e d . | k w j a c k s o n h o l e . c o m
TABLE OF CONTENTS 02 09 15 03 14 17 KellerWilliams JacksonHole Regionsof JacksonHole Ownership Advantages ExploreJackson Facts+Figures Market Knowledge+ Expertise YOUR SOURCE FOR BUYING IN JH 18 BuyerTimeline

YOUR LOCALLY OWNED BROKERAGE IN JACKSON HOLE

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.

02

JACKSON HOLE

ONE OF THE LAST FRONTIERS

YOUR GATEWAY TO NATIONAL PARKS

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.

04
REGARDLESS OF SEASON, REASON OR SKILL LEVEL, JACKSON HOLE HAS SOMETHING FOR EVERYONE.

COMMITTED TO COMMUNITY

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.

UNPARALLELED RECREATIONAL LIFESTYLE

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

06

EASILY ACCESSIBLE

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.

EXPLORE JACKSON

RUSTIC YET REFINED

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.

08
Gr Town of Wilson National Forest 4 Hoback Junction Jackson Hole Mountain Resort Town of Jackson 3 10 9 1 2 8 5 WHERE LIFE IS GRAND REGIONS OF JACKSON

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.

rand Teton National Park Yellowstone National Park Jackson Lake
6 10
Town of Moran National Forest

TO JAC

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

IN THE HEART OF JACKSON HOLE

REGIONS

NORTH JACKSO

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.

SOUTH OF JACKSON

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.

12

WEST OF JACKSON

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.

TETON VILLAGE

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

DISCOVER YOUR NEIGHBORHOOD

REGIONS

JH FACTS + FIGURES

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.

14

OWNERSHIP ADVANTAGES

WYOMING

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.

Why not Wyoming?

Beautifulscenery,savingsonincome taxes,ruralliving,lowercostofliving, andaslowerpaceoflifecouldbeyours.

16

A R K E T K N O W L E D G E + E X P E R T I S E

M

FINDING THE RIGHT PROPERTY AT THE RIGHT PRICE

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.

COMING SOON + NEW TO MARKET

Inafast-movingmarketlikeJacksonHole,itisimportant tohaveinsightintolistingsbeforetheyofficially“hitthe market”. Agents within Keller Williams Jackson Hole share local knowledge about listings that may remain privateforaperiodoftime.Thisinformationiscollected anddiscussedwithourteamonadailybasis.

MARKET TRENDS

With the collection of historical data we track even the smallesttrendinthemarket.Ourweeklymarketsnapshot capturesnewlistings,dollarvolumeandunitssoldinour region every Monday morning year-to-date, along with quarterlytrends.

BUYER TIMELINE

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

WELCOME HOME TO JACKSON HOLE

18
@KELLERWILLIAMSJACKSONHOLE KWJH-LEADERSHIP@GOOGLEGROUPSCOM 307-201-5231 Real estate is a personal business, something we take to heart, demonstrated by how we thoughtfully treat our relationship with you, our utmost priority. GLOBALLY CONNECTED. LOCALLY FOCUSED.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.