Home Buying in 84770>Question Details

Taza Guru, Home Buyer in Sunnyvale, CA

Wondering if St George UT is a growth area for investment into Single family homes. Please share your thoughts why St George is a growth area

Asked by Taza Guru, Sunnyvale, CA Sat Sep 18, 2010

Wondering if St George UT is a growth area for investment into Single family homes. Please share your thoughts why St George is a growth area (Jobs, Industries, Innovations, Cheaper median prices, Good healthcare, etc etc.).

Also, please share these:
a. Desirable zipcodes
b. Good Schools in St George
c. Average price for a 3Bd/2Ba and rents for such a home

Thanks for your help!

Help the community by answering this question:

Answers

7
Just a quick update for Taza and Judy. the St George airport is complete.

I hope you will have the time to explore the sate a little more on another visit. Our scenery here is spectacular and it is impossible to describe all there is to offer. Recently, Utah was named the best managed state in the nation.
http://www.utah.gov/governor/news_media/article.html?article=171
Like much of the rest of the country we have seen continuing declines in home prices but I believe we are getting ready for a rebound.
0 votes Thank Flag Link Fri Jan 28, 2011
Taza and Judy, Don't wait real long. We have local banks beginning to loosen on credit even new construction lending. 2011 is the transitional year. My company, Southern Utah Development buys, rehabs and sells distressed property but we are moving into more traditional real estate now, because it is coming back.
84770 is highly desirable as well as 84790, 84780, 84738 and 84765. Dixie Regional Medical just won top 100 Hospital in the United States-no joke. Price for a 3 bed/2 bath can vary depending quality of construction. check out this link for additional economic information about the area. http://www.whatsupdownsouth.com/main.html You need to come to Saint George to fully appreciate it.
0 votes Thank Flag Link Thu Jan 27, 2011
We have been "studying" St. George/Cedar City for about 1.5 years. We traveled in the area in 2009, focusing on Cedar City and the mountain areas. In 2010, we took a motorhome and stayed in the St. George area (in an RV park near Hurricane/Leeds). We wanted to "live " there to test the waters. We found great libraries in the Washington County cities, good shopping with Kohl's, Target, Costco, Penny's and WalMart providing for our needs. Albertson's and Petco were new to us, but great. We had occassion to go to a walk-in clinic and the emergency room in the Intermountain facilities and were definately impressed with the medical services provided by this area. The college is vibrant and provides entertainment and education for all. Tuchan, the outdoor Amphitheatre next to Snow Canyon State Park offers top grade plays, concerts. Did I mention the 12-13 golf courses? We visited many and my husband played 3 of them. All good. Gold's Gym there is full service with a great staff. We visited the local courthouse to research properties and all I can say if you are doing due diligence-check for assessments, special fire districts and unpaid taxes if you are thinking of buying short sales or foreclosures. We found many 3BR and 4BR homes for sale in the 180K-250K range, some never lived in. The best part about St. George over and above what has already been mentioned in the previous posts, would be the views - anywhere you look it is beautiful. The BLM offices in the area are most knowledgeable and there are plenty of lakes nearby for watersports. THere are active commercial areas, a new airport being built and you are close to Las Vegas, Grand Canyon, the parks of Utah and not far from Southern Colorado, Northern New Mexico, Lake Powell and Lake Mead. The weather is unusual in that it is milder than just a few miles north in Cedar CIty. We found many good deals available in housing, all being in good locations for rentals or resale in 4-5 years. If we can
ever sell our home in North Georgia, we will be heading to St. George and hope they have closed the gate by the time that happens!!! In the interest of disclosure, I am a Realtor in Georgia in a difficult and very depressed market. St. George looked like a gold mine waiting to be worked to me!!!! GO, spend some time there and research for yourself.
Web Reference: http://judyaselton.com
0 votes Thank Flag Link Wed Jan 5, 2011
Some people are still waiting for the market to "Bottom Out." Waiting for "Good" investment properties right now could prove the market has come back and you will be too late. There are many properties selling for much less than $100.00 Per sq. ft. right now, and the banks are dealing. Come see for yourself.
Give me a call for more info.
Roger Cazier
Ikon Realty Group
1-435-703-2557
0 votes Thank Flag Link Wed Dec 8, 2010
Taza.... We are considering a move to St Gerorge as well , from the Orlando area . We are going to there in month to start checking it out. We moved here from Denver three years but we are not happy with our choice. We want to be more cautious this time. Please share whatever feedback wou recieved.

Thank you
Robert Barnes

robar831@cfl.rr.com
0 votes Thank Flag Link Mon Sep 27, 2010
St. George can be a terrific place to invest right now. the desert climate has a particular appeal to retirees moving from northern areas.

Cedar City is also a place to consider for investing. http://www.cedarcity.org/ We are 50 miles North of St George and about 3000 feet higher in elevation. the summer temperatures are more moderate and we do get snow for those who like to four seasons. Cedar is the home to SUU with an enrollment of over 6000 students.
For business potential, Cedar City is the only community between Provo and Las Vegas with access to both I-15 and a rail spur. the Port 15 Industrial park has 800 acres ready to build.http://www.port15utah.com/ . With over 300 sunny days a year and plenty of available land, and a reliable wind corridor, Iron County will be the nations leader in alternative energy innovation and production. http://www.cedarcity.org/DocumentView.aspx?DID=913

Recreation is plentiful, Zion, Bryce Canyon, Capitol Reef, Grand Canyon North Rim, and Great Basin National Parks are all within a few hours. In under 30 minutes you can travel from the city center to the summit on Highway 14 at 10,000 ft. Snowmobiling, and ATV trails run hundreds of miles over all terrain. Skiing, fishing, camping, and hunting are all popular in Southern Utah.

Cedar City is not as large as St George and our services are more limited, we only have 2 zip codes both have desirable areas. like much of the country we have seen some declines on business and home prices have come down. the average for a 3/2 home is around $155,000. For an investor, twin homes can be found at around $100,000. Rents will run from $700-1200 depending on size and condition.

Hope this gives you another area to consider, visit when you have a chance. See below for more of Cedar City.
0 votes Thank Flag Link Thu Sep 23, 2010
Is St. George, Utah a growth area for single family homes?
St. George is without doubt the premier retirement destination. Everybody knows of the mild winter temps. and the ammenities here. You can relax at home and enjoy warm days, or you can golf your day away. Don't forget Tuacahn, Pine Valley, Zion National Park, Brian Head. Las Vegas and Mesquite are a short drive too. Got 4-wheelers? unlimited outdoor destinations with beauty and history all wrapped up into one.Great dining too. Check it out. <bangerterhomesofsoutah.com> <kw.com> < http://;www.stgeorge.net>
call Roger Cazier, 435-703-2557
Web Reference: http://www.stgeorge.net.
0 votes Thank Flag Link Mon Sep 20, 2010
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