What's the deal with Jackson Hole WY?
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Anonymous
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Was surprised to find that its expensive as Manhattan. Even more so.
All the houses are over $1M?? Even the tract suburban ones. https://www.zillow.com/homedetails/605-E-Hansen-Ave-Jackson-WY-83001/194365611_zpid/ https://www.zillow.com/homedetails/6650-Forweal-Dr-Jackson-WY-83001/194362849_zpid/ https://www.zillow.com/homedetails/475-S-Jackson-St-Jackson-WY-83001/194364706_zpid/ |
Anonymous
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Nevermind O.O
The climb in real estate prices that usually follows such developments was more precipitous in Jackson than in other parts of the so-called New West, because only 3% of its land base is in private hands. During the 1990s, the average price of a single-family home tripled, reaching a whopping $1.25 million in 2000. At the end of 2000, a 138-acre ranch sold for $40 million, setting a state record. |
Anonymous
| Fantastic place to live, great schools both public and private. It is a bubble though. |
Anonymous
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Uh, it would be pretty nice to live somewhere where you could daytrip to ***Yellowstone*** every weekend!
Do you get that people travel from other countries to see Yellowstone? Every Jackson Hole hotel and camp site is booked chock-full during Yellowstone access season. Imagine having access to the beauty of that area all the time! Tetons and other national parks and points of interest as well. Of course people pay top-dollar to live in one of the most gorgeous places on Earth. |
Anonymous
| Or maybe OP was surprised to find high dollar real estate in 'fly-over' country. |
Anonymous
Nailed it. |
Anonymous
| it is very pretty. |
Anonymous
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OP, it's a big country. I know you like to think desirable life only happens on the East Coast and the West Coast, but...
Ask Oprah why she stayed in the Chicago area long after her show wrapped, and owns a farm in Indiana Ask Dave Chappelle why he chooses to live in Ohio Ask Reese Witherspoon and Nicole Kidman why they choose to live in Nashville Wish we could still ask Prince why he chose to live in Minnesota There are so many beautiful cities and beautiful countryside and lakeside areas to live outside of your realm of "desirable" locations. |
Anonymous
| I'm another person who doesn't get the hype about Jackson Hole. Remote and hard to get to, and has one shopping street full of boutiques selling $300 scarves and galleries with $2000 vases. |
Anonymous
Sounds a lot like Vail, CO. |
Anonymous
| It is gorgeous. Nuff said. |
Anonymous
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There are plenty of amazing places out West that don't cost as much as Jackson Hole. JH is for rich people.
If you want more affordable and close to Yellowstone, check out Bozeman - it's an amazing place! |
Anonymous
It has an airport and is basically IN the Tetons (why to people keep mentioning Yellowstone)? It is like Aspen, Vail, Beaver Creek, etc. Gorgeous year round and with all season activities. |
Anonymous
Nailed it. It's the new Vail. We were just there. During a horseback riding adventure, the leader told me she'd grown up about 20 miles away and lived near Jackson Hole her entire life. Her family has owned the horseback riding place her whole life and she's watched the area go from normal touristy, to outrageous touristy during the past 25 years. She said the billionaires are pushing the millionaires out at this point. 
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Anonymous
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It should not be shocking to you that ski resort towns are expensive. Why?
1. Because most of the land is protected from development 2. Because it draws in big money from wealthy people who want to buy a 2nd/3rd/4th home 3. Because skiing is an expensive hobby that typically only draws in higher income individuals 4. Because labor and supplies are scarce in these remote towns |