Jackson Hole is always an intriguing study to me. I have been here twenty years and I have followed the Jackson Hole real estate market closely most of that time. I initially was looking into just buying a home, later I looked at it from the perspective of a small time speculator/ investor. I then started working with larger scale developers(by Jackson Hole standards) and conservation buyers. Now, I look at it from the perspective of my clients best interest, which in turn and in the long run is my best interest. We have seen a few moratoriums passed, we have seen large parcels attempt to be annexed into the town (the Porter / Herford Ranch ) and one constant is that small opposition groups tend to swing a large hammer and have quite successfully halted larger scale subdivisions. Therefore the inventory has remained tight and low. These constraints have done a great job of assisting the increase of property values here especially when considering the decline of most other markets in the country. It is important to note that I don’t really take sides on these issues because I am in the business of helping people buy or sell real estate. If I was to weigh in with my opinion. I believe it could at best be considered hypocritical at worst self-serving. I place great value on our scenic, recreational and wildlife resources and the less the area gets developed the more room these environmental will have and the more expensive it will be.
Here is a simple worksheet and map put together by the Town of Jackson .
http://www.jacksontetonplan.com/blog/2008/04/charrette-meeting-town-focus
Here is the link to Teton County comprehensive plan (draft)
http://www.jacksontetonplan.com/blog/2008/04/public-meeting-2
It lays out what the Town is trying to plan and will play a huge role in how Jackson Hole is developed. It tries to dictate where the Residential/Mixed-Use Focus Areas, Town Core Area, Gateways, and Local Corridors are and are going to be.
I would love to here comments and opinion on what people think the effect of the new Comprehensive plan will be.
Please email me .
Take Care,
Rick
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