Amanda Wengerd Buyer's Guide

Page 1


The Engel & Völkers

Buying Experience

From starter homes to dream homes, at Engel & Völkers we provide unparalleled and personalized buying experiences for every client. We believe that buying a home is one of the most important decisions you will make, and it’s an honor and our passion to be part of this journey with you. As trusted Advisors, we make it our responsibility to understand your home buying goals - from your overall vision and budget, to neighborhood amenities and architectural details - and help you discover the right space to call your own. To us, luxury is about the richness of life that begins and ends in the most important space we know - home.

The Power of Investing in Ownership

There are both financial and emotional benefits to owning a home. After all, a home is the center of your world.

HOME EQUITY

When you own a home, you are investing your money into your future. Home equity has the ability to increase each time you make your monthly mortgage payments, as well as when you make smart home improvements. In a strong economy, home values can increase each year. The greater your equity, the more you can capitalize on your home’s value over time.

FIXED COSTS

Seek professional advise from your tax consultants about your financing options (if you are financing) to tailor your investment commitment to your specific needs.

CREATIVE FREEDOM

Owning a property allows you to surround yourself with an aesthetic that reflects your personality and brings you joy. The possibilities can be endless when it comes to turning your home into your dream space.

STABILITY

A home should be a place of comfort and happiness. With homeownership comes a sense of security in an investment and space where memories are made.

Partner with an Engel & Völkers advisor

Engel &Völkers is known throughout the world for the unmistakable service experiences our advisors provide their clients. Our advisors offer more than a typical real estate agent, representing an elevated level or service, expertise, and performance.

Engel & Völkers attracts real estate professionals who are well respected within their communities, as well as those who have a deep understanding of client service. We know the people, the places and the nuances of each cul-de-sac, community and country we represent. As trusted advisors, we guide you through your home journey with in depth neighborhood expertise, distinguished care, and a bit of fun.

Breaking

it Down: The Buying Process

The reasons for buying a home are personal, so the first thing to consider is what you want to achieve in purchasing a home.

Buying a home is filled with both strategic thinking and emotions. With ever-changing market conditions and other variables, various factors may affect the path you take in finding the property that’s right for you.

As your consultant, an Engel & Völkers advisor helps you understand the market landscape and determine, based on your goals, if now is in fact the right time to buy and then identifying the correct approach.

As far as the property itself, it’s wise to invest the time to outline the key factors and features relating to your search, including:

YOUR BUYING POWER

It’s important to identify what you are able to afford when it comes to a home and how much a lender is willing to loan based on key factors such as income, debt, expenses, etc. Your advisor can help you work within that budget and take into account other considerations as it relates to the property you seek.

YOUR MUST HAVES

Identify your must-haves and list them out in priority, for both you an whomever you may be purchasing your home with. Make a list of your non-negotiables when it comes to a home and take that with you when you are visiting properties.

WHAT TYPE OF HOME DO YOU WANT?

Are you looking for a single-family home, townhouse, condominium, co-op, or a multi-family building? There are many options and considerations for each that will impact your search.

LOCATION, LOCATION, LOCATION

This is one of the most important factors to consider when you’re looking for your new home, because unlike structures, paint color, and flooring, the location of your home cannot be changed. Beyond the physical location of the home within the city or town, you should also think about its location in the neighborhood, community, and/or the building, as this too will have an impact on your home’s value.

The Buying Process

Whether you are looking to purchase your first home, a vacation home, or an investment property, our advisors maintain an active list of available local homes, and also have access to listings worldwide through the Engel & Völkers’ global network.

We take pleasure in working with you, and preparing you, for the home buying process through the following steps:

 Select an advisor

 Gain mortgage pre-approval (if financing)

 Have an initial consultation with your advisor with the pre-approval in-hand to set up the best strategy together

 Shop for your new home

 Work with your advisor to present a well crafted offer and allow them to negotiate on your behalf

 Home inspection

 Appraisal

 Finalize Documents

 Final Walk Through

 Closing & Move In

Packing Tips

1. Separate your valuables and important documents, and keep them with you during the move.

2. Prepare a ‘Start-up-Kit’ of items and box those up to take with. This way if your belongings arrive late, or you are delayed in unpacking, you will have what you need immediately on hand.

3. Label boxes by items and room to make unpacking an easier process.

DECLUTTER AND DONATE

Before you begin packing up boxes, take inventory of your furniture and other belongings to decide what to keep and what to purge. If items are not worth the effort of packing, moving and unpacking, consider donating, selling or discarding them.

STRATEGIZE

A smooth and successful move is only possible with a plan. Select a moving day to work toward. Identify and engage a moving company as soon as possible –Engel & Völkers is happy to make a local recommendation.

PACK

Purchase your moving supplies including boxes, moving labels, bubble wrap, etc. Begin packing items that won’t be needed between now and your move date including things like decorations, photos and off season clothing. Then, schedule time to pack remaining items based on room or category to make it easy to unpack.

CHANGE YOUR ADDRESS

Make sure to not only update your address with friends, family and service providers, but also any mailing clubs, subscriptions and utility companies for both ending services and activating them at your new address.

WHAT TO EXPECT AT CLOSING

As long as you have everything in order, the closing process should be simple and straightforward.

Closing day typically happens four to six weeks after the sales and purchase contract is executed and includes the buyer and seller, along with their respective agents, a representative from the title company, closing agent, or attorney, and lender.

FINAL PREPARATIONS

This is the day when your moving strategy pays off and your focus can be on saying goodbyes and enjoying the exciting elements of your new home. Once you get into your new home one of the first things you should do is to have new locks installed and extra sets of keys made.

The closing process is where the buyer and seller execute and sign all remaining legal documents and pay closing costs and escrow items. Be sure to bring two forms of identification, certified funds for any remaining costs, and any additional documents requested by the lender.

Once all paperwork is executed you will receive the keys to your new home and then all that’s left to do is celebrate!

Live Your Luxury

We look forward to the opportunity to demonstrate our process, precision and passion for service, so that you can focus on living your luxury.

SELL YOUR HOME

Are you looking to sell, or simply want to know the value of your property? Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market value, or if you wish to sell your property for the best price, our experienced Advisors are happy to assist you with a complimentary and nonbinding market appraisal.

Speak with one of our Advisors who can determine the value of your property and help you find the right buyer, whether they are based in the in the greater Teton Region, across the US, or internationally

Working with Engel & Völkers, property owners are able to take advantage of a renowned brand and household name, with many of their target clientele based throughout Europe and across the world. For more than four decades, Engel & Völkers has been one of the most successful global luxury real estate agencies. We deal exclusively with the purchase or sale of luxury properties in the most exclusive locations around the world.

Our expert marketing team uses professional photography, videography and storytelling to showcase your property’s most striking lifestyle benefits. We will create an irresistible listing that captivates interest and expands your potential client base, providing targeted campaigns across the US and international markets. In addition to our existing database of buyers, we offer the most comprehensive customized marketing service in the region, one that will greatly enhance your property’s visibility to local, national and international audiences.

SHOULD I MOVE TO THE TETONS?

If you love the outdoors, then moving to the Tetons might be the best decision for you. Grand Teton and Yellowstone are a scenic drive and the mighty Snake River offers world-class fly fishing, scenic floats, and whitewater adventure. There are three ski resorts, including Jackson Hole Mountain Resort, Grand Targhee Resort, and Snow King, all offering both winter and summer recreational adventures.

Throughout Jackson Hole and Teton Valley you’ll find a thriving arts scene with numerous galleries, theaters, and cultural events, including the annual Jackson Hole Film Festival and the National Museum of Wildlife Art.

The west is still alive in the Tetons with weekly rodeos, county fairs, ranching, and agriculture. Living in the Tetons means escaping the hustle and bustle of larger cities. There’s a serene environment where you can enjoy a peaceful and laid-back lifestyle, perfect for those who are seeking a slower lifestyle pace. With a small town feel, close knit communities, it is the perfect place to raise a family.

ENDLESS OUTDOOR ADVENTURE

 Fly Fishing

 Skiing, Snowboarding, Snowshoeing, Nordic Skiing

 Mountain Biking, Fat Biking

 Hunting

 Snowmobiling

 Hiking, Horseback Riding

 Rafting, Paddleboarding, Kayaking

 Hot Air Balloons, Paragliding

 Camping, Wildlife Viewing

 Golfing

 And Much More

CHOOSING YOUR COMMUNITY

Choosing the right neighborhood to live in is a crucial decision that involves considering various factors to ensure it aligns with your lifestyle, preferences, and future plans. Here are some steps to help you choose the right neighborhood:

 Define Your Priorities

 Research Neighborhoods

 Consider Your Commute

 School Quality

 Amenities and Services

 Future Development

 Community Safety

 Budget Considerations

 Future Resale Value

COMMUNITIES

 Jackson, WY

 Wilson, WY

 Moose, WY

 Moran, WY

 Dubois, WY

 Hoback, WY

 Bondurant, WY

 Pinedale, WY

 Victor, ID

 Driggs, ID

 Tetonia, ID

 Felt, ID

Streamlining Your Property Purchase: A Hassle-Free Approach

Securing the perfect property in the US can be daunting, time-consuming and stressful. As your property buying agent, we aim to shoulder that burden for you, ensuring a smooth and hassle-free experience. Here’s why choosing us as your property buying agent is a wise decision:

1. Off-market Access - We have a network that affords access to properties not available on the open market. This broadens your choices significantly, beyond what you’d find by yourself.

2. Time Efficiency - Forget the countless hours spent in property searches and viewings, giving you the time to make informed decisions. We sift through options, identify suitable properties based on your criteria and organize viewings - freeing up your time.

3. Expert Guidance - Our extensive knowledge of the local property market lets us offer insights into property values, potential concerns and vital details that might otherwise be overlooked.

4. Negotiation Prowess - Our expert advisors work to secure the most favorable price, acting as a stress buffer during negotiations, keeping your best interest at heart.

5. Cost-effectiveness - Our fees are offset by the cost and errors you avoid with our guidance. By helping secure a better price and prevent costly missteps, we offer value for money.

6. Impartial Advice - As your buying agents, we act solely in your favor, unswayed by sellers or estate agents, count on our unbiased advice throughout the process.

7. Insightful Due Diligence - We’re adept at identifying potential property issues and red flags. Our comprehensive due diligence involves researching property history, checking planning or building regulation issues and pointing out potential risks. This can prevent you from unknowingly purchasing a property with significant problems that could lead to costly repairs or lower future resale value.

8. Professional Services Recommendations - Should you require recommendations for skilled professionals and specialists, including solicitors, surveyors, interior designers, builders and mortgage brokers, we are pleased to offer our assistance. Our team can introduce you to these experts and efficiently manage their services to ensure a seamless and uncomplicated experience throughout the property acquisition process. In essence, choosing us as your buying agent ensures you’re making a well-informed decision. You can rest easy knowing an expert is looking out for your best interests, helping you find the best property at the most favorable price.

Wyoming Tax Benefits

Wyoming is one of the most tax friendly states in America for both individuals and corporations. Owning land in Wyoming can offer significant reductions in federal income taxes through the strategic use of conservation easements while protecting the land. Here are some of the incredible advantages of owning property in Wyoming.

 No personal or corporate income tax.

 In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust for the benefit of your family or other beneficiaries.

 No Inheritance or Estate Tax.

 No State Gift Tax. The Federal gift tax applies with an exemption of $15,000 annually per recipient, but property owners in Wyoming can gift that real estate to their heirs without paying a state gift tax.

 No Tax on Out-of-State Retirement Income.

 Low Property Taxes.

 No Excise Taxes.

 No Tax on Mineral Ownership.

 No Intangible Taxes - Wyoming doesn’t make you pay taxes on financial assets like stocks and bonds.

 No Tax on the Sale of Real Estate.

Let’s schedule a time to connect!

TOWN OF JACKSON
TETON VILLAGE
TETON PINES GOLF COURSE
TETON VALLEY IDAHO
GRAND TARGHEE RESORT
GRAND TETON 13,775FT
JACKSON HOLE MOUNTAIN RESORT
SNOW KING SKI AREA
HOBACK JUNCTION
JACKSON GOLF
PHELPS
DUBOIS
YELLOWSTONE

OUTDOOR RECREATION PARADISE

Nestled in the heart of the Rocky Mountains, Teton County, Wyoming, is renowned for its stunning natural beauty and unparalleled outdoor recreational opportunities. From the rugged peaks of the Grand Teton Range to the serene waters of the Snake River, this region offers a wealth of activities for nature enthusiasts and adventure seekers alike.

Outdoor Recreation Activities

Hiking and Backpacking

• Grand Teton National Park: Offers over 200 miles of trails, ranging from easy day hikes to challenging backcountry routes. Popular hikes include Cascade Canyon, Paintbrush Divide, and the climb to the summit of Grand Teton.

• Bridger-Teton National Forest: Provides additional hiking opportunities with less crowded trails. The Teton Crest Trail is a must-do for avid backpackers.

Skiing and Snowboarding

• Jackson Hole Mountain Resort: World-renowned for its challenging terrain, deep powder, and extensive lift system. A paradise for both beginners and expert skiers.

• Grand Targhee Resort: Known for its family-friendly atmosphere and excellent snow conditions, offering a variety of slopes and terrain parks.

• Snow King Mountain Resort: Offers year-round recreation with skiing, hiking, and stunning views of the Teton Range.

Wildlife Viewing

National Elk Refuge: Home to thousands of wintering elk, as well as bison, wolves, and bald eagles. Sleigh rides are available for up-close viewing.

• Grand Teton National Park: Spot grizzly bears, black bears, moose, and other wildlife in their natural habitats. The park is a prime location for bird watching as well.

Fishing and Boating

• Snake River: Famous for its fly fishing, particularly for cutthroat trout. Guided fishing trips are available for all skill levels.

• Jackson Lake: Offers boating, kayaking, and fishing opportunities with breathtaking views of the Tetons.

Camping

• Jenny Lake Campground: One of the most scenic campgrounds in the park, with access to popular trails and activities.

• Gros Ventre Campground: Located near the Snake River, offering a more secluded camping experience.

Rock Climbing and Mountaineering

• Grand Teton: One of North America’s classic mountaineering destinations. Guided climbs are available for those seeking to reach the summit.

• Blacktail Butte: A popular spot for sport climbing with routes for various skill levels.

Biking

• Mountain Biking: Teton Pass offers thrilling downhill trails, while Cache Creek provides more accessible options.

• Road Biking: Scenic roads like the Moose-Wilson Road offer spectacular views and a good workout.

Rafting and Kayaking

• Snake River: Offers both calm sections for scenic floats and thrilling whitewater rapids for adventurous rafters.

Pr

Pr op erties in the Jack son H ole Area

Jackson Hole Land Trust

QUICK FACTS

Elevation

Town of Jackson: 6,237’

Grand Teton: 12,775’

Population 2021

Jackson, WY: 10,659 | 4,007 Acres

Teton County, WY: 23,854 | 2.7 Million Acres

Land Conservation

• Over 15,000 acres of open space within the valley are permanently protected.

• 97% of Teton County is within land protected by national park, national forest, wildlife refuge, and BLM.

Jackson Hole Mountain Resort

• 459” Annual Average Snowfall

• 4,139’ Vertical Drop

Grand Targhee Resort

• 500” Annual Average Snowfall

• 2,500’ Vertical Drop

Snow King Mountain Resort

• 107” Annaul Average Snowfall

• 1,571’ Vertical Drop

Property Tax - Teton County WY

Currently the state’s residential property tax rate is 5.705% in town and 5.724% in county of the assessed value of the home. Surrounding states tax rates are near three times as much on average and between tow to three times as much.

Healthcare in Teton County, Wyoming

Teton County, Wyoming, offers high-quality healthcare services through facilities like St. John’s Health, numerous clinics, and robust public health programs. Residents and visitors benefit from comprehensive medical care, advanced specialty services, and a strong focus on community health and wellness.

Airport and Transportation in Teton County, Wyoming

Teton County, Wyoming, offers a range of transportation options to suit the needs of residents and visitors alike. From the well-connected Jackson Hole Airport to the efficient START Bus system and various private transportation services, getting around Teton County is convenient and enjoyable. Whether you’re arriving by air or exploring the region by car, bike, or foot, the transportation infrastructure supports easy access to the stunning natural beauty and vibrant communities of the area.

Education

Public education in Jackson, Wyoming, through Teton County School District #1, is characterized by high academic standards, a wide range of programs, and a supportive community. The district’s commitment to providing quality education prepares students for success in college, careers, and life.

Schools in the District

Jackson Hole High School

• Grades: 9-12

• Programs: Offers a wide range of Advanced Placement (AP) courses, vocational training, and extracurricular activities, including athletics and arts programs.

• Achievements: Recognized for academic excellence and a high graduation rate.

Jackson Hole Middle School

• Grades: 6-8

• Programs: Provides a strong foundation in core subjects with opportunities for enrichment in arts, technology, and physical education.

Elementary Schools

Colter Elementary School

Grades: K-5

Moran Elementary School

Grades: K-5

Kelly Elementary School Grades: K-5

• Programs: Focus on developing basic skills in literacy, math, science, and social studies, alongside art, music, and physical education.

Summit Innovations School

Grades: 9-12

• Programs: Alternative high school offering personalized learning plans and a supportive environment for students who benefit from a non-traditional educational approach.

Key Features of Public Education in Jackson

• Small Class Sizes: The schools in TCSD #1 typically have smaller class sizes, allowing for more individualized attention and support for each student.

• Highly Qualified Staff: Teachers and staff are well-qualified, with many holding advanced degrees and specialized certifications.

• Extracurricular Activities: A wide range of sports, clubs, and arts programs are available, encouraging students to explore their interests and talents.

• Community Involvement: The district enjoys strong support from the local community, including partnerships with local businesses and organizations.

• Focus on Sustainability: Environmental education and sustainability practices are integrated into the curriculum, reflecting the community’s values and the natural surroundings of Jackson.

• Dual Language Immersion: Programs available at some schools aim to promote bilingualism and biliteracy in English and Spanish.

• STEM Education: Strong emphasis on science, technology, engineering, and math, with initiatives to foster innovation and critical thinking skills.

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.