There are a variety of condos for sale in the popular ski town of Park City Utah. Whether you have a small budget or an unlimited budget, you are sure to find the right condo for you and your family to enjoy the great lifestyle that Park City offers.

If your budget is limited then you can find full ownership condos for as little as $200,000. Condos in this price point will not be at the ski resorts and will typically be located in the Kimball Junction area. They are still very close and within a 10-15 minute drive to either of the three world class ski resorts in Park City as well as on the free bus route. The Powderwood Condo Development has been a popular place for those looking in the lower price point that allows nightly rentals. The development is a little older and was built in the early 80's. Another popular condo development is the Canyon Creek Condos. They are newer but do not allow nightly rentals. Both developments offer some great amenities including a swimming pool.

Another option for the budget minded Park City condo buyer is the fractional ownership option. At The Canyons Resort you can find a great value at the Grand Summit Lodge with quarter share ownership. With quarter share ownership you will get 13 weeks of use a year. These ski condos are essentially Canyons Resort ski in ski out condos located adjacent to gondola. Weeks that you do not use can be place in a nightly rental pool and the rental revenue may potentially help offset HOA fees and property taxes. One bedroom units can start as low as $85,000 which is a great value for a ski condo in such a great location with awesome amenities. There are several other fractional ownership opportunities in the Park City area to consider as well.

For the second home buyer looking for a ski condo at one of the ski resorts in Park City, there are three ski resorts to consider buying near which are Deer Valley Resort, Park City Mountain Resort and the Canyons Resort. Deer Valley Resort is known for it's impeccably groomed ski runs, exceptional customer service, great food and skier only slopes. The Park City Mountain Resort is located near Park City's Main Street area which includes a town lift from the historic Old Town area. The Canyons Resort is the largest ski resort in Utah located a couple miles outside the Park City city limits.

The key factors that affect price are location, age, condition and amenities. The closer to the ski run the more a condo will cost. Prices are higher for ski condos at Deer Valley Resort compared to ski condos at the Canyons Resort. Condos in the Deer Valley area can range from about $615,000 for an older 1980's built 2 bedroom condo in Lower Deer Valley to 5 million for a 4 bedroom condo at the St.Regis in Deer Crest. The price per square foot range in Deer Valley is about $330 to $1700. Condos near Park City Mountain Resort can range from about $250,000 for an older 1 bedroom built in the early 80's a few blocks from the resort center to $2.5 million for a 4 bedroom new construction ski in ski out condo next to the new Silver Star ski lift. The price per square foot range for condos near the Park City Mountain Resort ranges from about $300 to $1200 roughly. At the Canyons resort you can find an older 1 bedroom condo for as low as $225,000 and as high as $2.2 million for a large ski in ski out townhome currently under construction. The price per square foot can range from $325 to $976.

In other ski towns the price per square foot for ski in ski out condos can go as high as $2000 to $3000 a square foot so compared to other ski towns Park City still offers a better value and is easier to fly to than other ski resort communities.

If you do not need to be right at the ski resort, then you can find a better value and get a newer bigger condo for the money. The Kimball Junction and Bear Hollow area have become popular places to find great condo values in the Park City area that serve as second homes. The Pinebrook area is a popular location to find a good value for condo buyers looking for a more long term residence or for second home buyers that don't need to place their condos in a nightly rental pool.

So no matter what budget you have there is a great variety of condos to choose from in the Park City area no matter what your needs might be. It's also best to work with a Local Park City Realtor who can help you find the condo and location that will best meet you and your family's needs as well as to represent you in negotiating for the best price and terms.

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