Here’s Everything You Should Know About Old Houses (and Why You Should Buy One)

Market Source 928 N Terrace Hills

Buying old houses for restoration may seem like a beautiful idea. You’ll get to make the best of the property’s original features and bring a new lease on life to an old building. But there are some things that you’ll need to consider before taking the plunge. 

Older properties tend to be filled with character and charm. But what are the benefits of an old house? And what do you need to know about buying an antique home?

In this article, we’ll discuss why you should remodel an old home. 

Old Homes Are Cheaper Than New Homes

What differentiates an older property from a newer home? Largely, the materials that it’s built out of and the type of construction that’s gone into the home. 

Typically, a house can be considered old if it was built more than fifty years ago. 

Because an older home may be in need of some modernization, they are often cheaper to buy than new homes. This makes them ideal for first-time buyers, real estate investors looking for rental properties, and those looking to flip a property. 

Old Houses Are Often in Established Locations

When it comes to buying a property, location is often a key factor. That means how far it is from amenities such as schools and convenience stores. Because of the way that towns and cities are planned, older properties tend to be in very established locations. 

In the Salt Lake area, vintage homes tend to be in areas such as 9th and 9th, close to the University of Utah, the Avenues, and Sugar House. All of these are very desirable areas to live in and have very established communities. 

Old Homes Have More Character

Older properties tend to have a lot more charm and character than new builds. Often, old houses have period features that are quite unique and add real value to the surroundings. 

If character is what you’re looking for from your home, then you’ll not go wrong with a vintage property. 

Why You Should Work With Vintage Home Experts

When it comes to buying old homes, you’ll want to work with experts. Monique Higginson is an expert in restoring and selling vintage homes. She personally lives in an antique home and has had to carry out major repairs to 25 vintage homes in Salt Lake Valley in the past. 

A vintage home expert such as Monique will be able to advise you based on their in-depth knowledge of the various construction phases and problems that you might be met with when it comes to restoring an antique property. 

Restoring Old Houses 

Restoring old houses can be hard work, but it’s certainly rewarding. The benefits of owning a vintage property make the hard work you’ll need to put into restoring them all worthwhile. 

If you’re looking to buy an old house in the Salt Lake area, get in touch with Market Source Real Estate today or browse the range of properties for sale

Benefits of Working with a Certified Negotiation Expert

Certified Negotiation Expert

​Buying a home is an intimidating process. You’re looking for a great neighborhood to settle down in and a house that fits within your budget. 

After you find a house that fits your criteria, it’s time to talk about finances. The housing market is constantly fluctuating, so you’ll want to make a reasonable offer before prices go back up again.

Your offer isn’t accepted, and now you’re in a back and forth with the listing agent. Home negotiations can be challenging, so that’s why many people hire a certified negotiation expert to get the job done. Let’s look at why you should use negotiation experts when buying your new home.

What Is a Certified Negotiation Expert?

A certified negotiation expert, or CNE, is a real estate agent who has taken extra steps to increase their negotiation skills. The courses help them to stand out in a room of their competitors.

Most real estate agents don’t have a CNE certification. Less than 5% of agents in the US do. The training is rigorous, but it shows how dedicated they are to their job and how they can help you acquire your new home.

How Agents Become CNE

Most real estate agents take a two-day intensive CNE training course. Classes they take can cover a variety of topics such as:

  • Different negotiation styles
  • The psychology of buying
  • Persuasion principles
  • Planning methods

After they finish the course, they become a recognized CNE. Some real estate negotiators try to become master certified negotiation experts. It further enhances their real estate industry knowledge and credentials.

Benefits of Hiring a CNE

Hiring a CNE can help ease the tremendous burden that comes along with looking for a new home. Our CNE agents have the additional training needed to help you get the best deal for your home, such as:

  • Expert negotiation skills
  • Knowledge of the market and tactics used by sellers
  • Understanding the psychology of body language giving us the edge during negotiations

Knowing that your real estate agent has these skills helps remove any worries that you may have. Placing your trust in a CNE can save you a lot of money in the long run.

Our CNE Designated Agents

At Market Source Real Estate, we have two of the top CNE agents in Salt Lake City. Monique Higginson, our owner, has over 18 years of experience in the real estate industry. She understands the Salt Lake City market and has helped hundreds of clients land their dream homes with her CNE designation.

Our other CNE, Jennifer Holmstead, has over ten years of real estate experience. She understands that your home can become your most significant financial asset over time and can provide autonomy in the future. Jennifer also managed a local business for over 15 years, which magnifies her experience in negotiating.

Hire a Certified Negotiation Expert for Your Dream Home

Working with Market Source Real Estate means working with a certified negotiation expert. With our negotiating skills, you can relax knowing that we’ll get the best deal for your dream home. 

If you’re ready to start looking for a home, contact our real estate agents to help you get started.

Emerging Neighborhoods in SLC (Singles and Youth)

emerging neighborhoods in SLC

Are you thinking of making a move to a vibrant, exciting new place? As Utah’s most populated city, Salt Lake City may be the spot for you. With about 1,180,000 people that call the metro-area home, many of them are young, single professionals.

You may be wondering, “Why exactly do singles and young professionals love living in Salt Lake City?” There is a long list of unique activities, job opportunities, and beautiful views that make this area what it is.

For more on the top emerging neighborhoods in SLC and why you should make a move, read on for our basic guide.

Capitol Hill

If you like history and a bustling downtown scene, you’ll feel right at home in Capitol Hill. Perched at the top of a sloping hill, this area overlooks downtown Salt Lake, offering beautiful views for miles.

Here you’ll also find the Utah State Capitol building and many historic sites like the Pioneer Memorial. You’ll also be nearby a natural hot spring and City Creek Canyon, a 6.5-mile trail. Capitol Hill is a top area to experience Salt Lake City nightlife, with many restaurants, cocktail bars, and live music.

Central City 

For a more hipster vibe, Central City is one of the best Salt Lake City neighborhoods. There’s always something to see here with various quirky shops, interesting art galleries, and alternative music venues.

Many Central City locals travel by bike through the beautiful Liberty Park and downtown area. This up-and-coming neighborhood is the perfect place for your mix of bustling city life and calming nature.

East Bench

In East Bench, SLC, you’ll find a relaxing place to call home. East Bench is a primarily residential area with vast mountain views and nature activities.

Many locals enjoy its proximity to parks, trails, and fun things to do like visiting the Pioneer Theatre Company. All in all, East Bench is one of the most calming, unique places for young people living in Salt Lake City.

Sugar House

For another vibrant, upbeat area, Sugar House is a top choice. Home to a wide variety of bars, breweries, restaurants, and lounges, Sugar House, is one of Salt Lake City’s best areas for young people.

This area is also home to a breathtaking park with many exciting activities with mountain views, picnic areas, and lake trails. You never know who you’ll meet or what fun activity is waiting for you around the corner in Sugar House.

The Avenues

Known as Salt Lake City’s first neighborhood, The Avenues is a charming and historic area. With Victorian-era houses and rich culture, many young professionals love the unique feel of The Avenues. This is one of the most artistic and young areas in Salt Lake City.

One of the top attractive features of this area is its proximity to downtown bistros, cafes, and bars. With a block-grid neighborhood layout, many locals also walk or bike on their daily commute. If you’re relocating to Salt Lake and looking for a hip and laid-back feel, The Avenues could be your perfect match.

Relocate to These Emerging Neighborhoods in SLC

Now that you know the top emerging neighborhoods in SLC for singles and young professionals, what are you waiting for? The home and life of your dreams are waiting for you. Contact us to get started on your move today.

Walkable Neighborhoods in Salt Lake City

Walkable Neighborhoods in SLC

Salt Lake City is the perfect mix of a big city and nature. This city is the perfect destination for explorers and city folk with hip shops and restaurants to explore and serene parks and unique landscapes. 

If you’re planning on moving to Salt Lake City and are looking for neighborhoods that are easy to get around by foot, keep reading to find out more about the most walkable neighborhoods in SLC. 

Central City

Central City provides a range of activities to explore within walking distance of each other. It has parks, shopping streets, and restaurants, all with a view of the beautiful mountain ranges surrounding this valley city. 

Liberty Park is the gem of this area and spans 80 acres of green space. Bring your dogs and kids and enjoy the Herman Franks Dog Park as well as the playgrounds and walking paths running through the park. 

For a day of walking and shopping, head over to Trolley Square for everything you need and check out the history of Salt Lake City’s trolley cars. 

Rio Grande

The Rio Grande is one of the most walkable Salt Lake City neighborhoods. Stop by the Rio Grande Train Depot and take in the architecture. Grab a drink at the cafe and visit the gallery.

Don’t forget to learn more about the haunted history of this building. Be on the lookout; you might see a ghost! 

Take a walk and visit the state history offices, the Utah History Research Center, the Rio Gallery, and the Rio Grande Cafe. You will love the area. 

East Central

Walk to the shops at 9th and 9th in East Central Salt Lake City and feel like you’ve entered small-town life. Close by Central City; this area offers an escape from the bustle. Be sure to visit all the locally owned shops and cafes to get a taste of local culture. 

Head over to the nearby University of Utah, which borders the Red Butte Canyon, for a day of hiking. Be sure to stop by the garden to marvel at the plant collections or attend one of the many events hosted there. 

Liberty Wells

For a more suburban area just outside the city center, check out Liberty Wells. This residential spot is within walking distance of Liberty Park and is surrounded by restaurants, gyms, and shops for anything you might need near your home. 

First Encampment Park is central within Liberty Wells and offers ideal walking paths and frequent events for the whole family. 

Bonneville Hills

Located further east of Liberty Wells, Bonneville Hills is nestled next to multiple hiking trails, including the Bonneville Shoreline Trail, which goes along the beautiful Lake Bonneville. 

Take a short walk to the Hogle Zoo. This 40-acre zoo is home to various animals and is the perfect weekend activity for the whole family. 

Find Your New Home in One of These Walkable Neighborhoods in SLC

Whether you’re from the area or planning to move to Salt Lake City, these walkable neighborhoods in SLC are a must to check out. With a mix of everything you need, they encapsulate the city’s natural wonder and vibrant culture. 

For more information on buying a home in Salt Lake City, contact us today

How to Find the Right Neighborhood for Your Family

family neighborhood

Before kids, your choice of neighborhood probably came down to: can I afford it? Is it close to work? 

Now that you have a family, schools, safety, and access to amenities are just the start. How do you know which is the best family neighborhood in your city?

We’ve got you covered. Below are six great things to consider when looking for a neighborhood for you and your family.

Consider Your Lifestyle Needs

Some families are outdoorsy and active, always on the go. For that reason, the heart of the city may not be the best neighborhood for your family. Other families prefer the variety of music lessons and sports teams offered downtown.

Knowing what your lifestyle requires or what you want to offer for your kids as they grow up is key. Maybe your child has certain medical needs that require you to be close to a hospital. Please make a list of your family needs and keep it handy as you research where to move. 

Take Advantage of the Internet

Trust us; the internet is going to be your best friend during this process. There are a few ways you can use it to your advantage.

First, research schools that fall within the districts of your top choice neighborhoods. Look at their school assessments. You want to move to a place with schools at the same level or better than the ones your kids are attending now.

You can even tour each new house you find by looking into virtual tours. See what’s available in different parts of town.  

Visit Your New Neighborhood or Town

Once you’ve narrowed down your choices, take a drive to those neighborhoods. Bring the whole family and spend a day walking around.

Visit the shops or local attractions to get a feel for what it’s like. Take a look at how clean the roads are and whether there are signs of vandalism.

Neighborhood visits can be extra useful in helping teenagers adjust to a new place. They can picture what their lives might be like, get a sense of how they’ll make new friends and what activities they’ll join.

Drive Through During Different Times of the Day

To get a true feel for the neighborhood when you visit, drive through it at different parts of the day. Morning traffic may be more than you’re willing to take on. All the theater, music, and sports activities may not start until 7 pm.

Contact the Local Police Department

Did you know you can research a neighborhood’s safety rating online? If you’d rather talk to someone in the know, you can also contact local police departments. 

Local police can direct you to resources on crime statistics. Ask them for suggestions on neighborhoods with the highest safety ratings.

Evaluate Other Cost of Living Factors

Here’s where pesky things like income rates, gas prices, and commute times come into play. If you find a great new home that’s 45 minutes away, are you willing to spend more time and money commuting every day?

Is the minimum wage going to help your teens save for college or pay for gas? Are jobs growing and houses going up in value? Then you’re likely making a great investment. 

Finding the Best Family Neighborhood

Don’t rush into your next move. The right home in the right location will be a place to make memories for years to come. Use these tips to feel confident that you’ve found the perfect family neighborhood. 

So you’ve landed in the right neighborhood? Now you need to find the perfect house. To get started, contact one of our real estate agents.