Let us help you create your dream kitchen
NWHBA
Parade of Homes B THURSDAY, JUNE 9, 2016
2015 People’s rd Choice Awa
Jack Fisher Construction
2016 Northern Wasatch Parade of Homes Open House Hours The 2016 Parade is open from June 17th to July 2nd Monday – Thursday 3:00 PM to 9:00PM Friday – Saturday 10:00 AM to 9:00 PM Closed Sundays For more information go to www.nwhbaparade.com
Let us help you create your dream kitchen Thermador Bosch Whirlpool KitchenAid Maytag GE Amana
Speed Queen washers and dryers are laundromat tough for homes
Servicing Appliances since 1961 829 S. 500 W. • Bountiful, Ut. • 801-292-8229 www.appliancedc.com Hours: Mon-Fri 8am-6pm • Sat. 9am-3pm
B2 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Welcome to this year’s Parade of Homes! W
elcome to the 2016 Northern Wasatch Parade of Homes, presented by America First Credit Union. We are thrilled to showcase 21 extraordinary homes from some of the finest professional builders in Utah. These builders have dedicated countless hours to bring you innovative and creative ideas, superior design trends and quality craftsmanship. The talent of each of the builders and their teams is incredible! So, whether you’re looking to buy a home, build a home, or just looking for all the latest decorating trends, we know you’ll find inspiration and new possibilities to take home with you. We have a wide variety of price ranges and styles in the Parade this year so there is something for everyone. The homes are located from North Ogden to Farmington, and from Huntsville to Hooper, so take a fun ride and see as many homes as you can.
SHERI HALL
Courtesy photo
The Parade offers a unique opportunity to meet each of the builders and ask them questions about their homes. We hope you will take the time to find out more about them and why they are so passionate about what they do. They are excited to share their expertise with you. As the economy continues to improve, confidence in the housing market is growing. This is such encouraging news for the building industry as a whole and for the Northern Wasatch area of Utah. It is a great time to buy a home or remodel an existing one, and the members of the Northern Wasatch Home Builders Association can help you do it with confidence. The NWHBA represents the leading contrac-
tors, subcontractors and suppliers in the home building industry in our area. They are committed to the research and development of new materials, utilizing the latest building techniques, creating energy efficient homes and staying on top of constant changes in design. Our members take great pride in their community and in the relationships they have formed within the association. That’s why we hope you’ll hire contractors and businesses that are
members of the NWHBA when you need help with a project. A big thank you to the amazing Parade of Homes committee and the staff of the NWHBA, who have worked tirelessly to make this year’s Parade a success. Thank you for your support and enjoy the Parade! Sheri Hall 2016 Parade of Homes Committee Chairperson
JUNE 14,16, 21, 23, 28 & 30
MASTER FOOD PRESERVER COURSE Do you enjoy the art and science of food preservation and canning? Would you like to develop expertise in food preservation? Consider becoming a Master Food Preserver. This is a 12-part 36-hour training but can be taken for just individual subjects you may need.
• Door prizes galore • Food sampling daily! • Books! • Fun!
To view the full outline and schedule, go to exstension.usu. edu/weber and look under Food Preservation on the Home, Family, Food & Finance page.
T w l
CLIPPER • THURSDAY, JUNE 9, 2016
PARADE OF HOMES B3
The Sunset
The Bayview
Sorrento Traditional
Elite Craft Homes
Stone Peak Construction
Ivory Homes
2
1
3
39 South Sunset Dr., Farmington
The Sunset is a 4 bedroom, modern mountainside home with an open floor plan. It is built by Elite Craft Homes and located on the hillside of Farmington.
996 Compton Rd, Farmington The Bayview is an elegant 4 bedroom home with a gourmet kitchen, three car garage and elegant finishes. It is located in east Farmington and built by Stone Peak Custom Homes.
1678 N. 400 W., Farmington Sorrento Traditional is a beautiful 4 bedroom home with spacious kitchen, Spanish-inspired tile work and a basement theater. It is built by Ivory Homes in an incredible Farmington bench location.
The Stoneridge
Cabo de Luce
La Balearica
Lifestyle Homes
Dalton Construction
Calute Homes
4
5
1494 Hidden Springs Parkway, Fruit Heights The Stoneridge is a custom 4 bedroom home featuring high efficiency features and impeccable design. It is built by Lifestyle Homes and located in beautiful Fruit Heights.
6
400 E. Crestwood, Kaysville Cabo de Luce is a modern home built to suit with 15 foot ceilings and a unique green deck. It is built by Dalton Construction, winner of the 2012 and 2014 Parade “People’s Choice” Award, and centrally located in Kaysville.
6820 E. Via Cortina, Huntsville La Balearica was custom crafted in collaboration with the owner, and features an emphasis on one-of-a-kind stone, wood and tile. Built by Calute Homes, it is located in breathtaking Huntsville.
2016 Northern Wasatch Parade of Homes For more information go to www.nwhbaparade.com
LOOKING
for the Davis Clipper?
Find it at these locations... Davis Clipper Office 7-Eleven Maverik Tesoro Sunshine Cafe Fastrac - Sinclair Winegars Dick’s Market Corner 22(Sinclair) At Your Convenience(Phillips 66) Maverik Common Cents Chevron
1370 S 500 W 1515 S 500 W. 1500 S Main St. 2568 S Main St. 20 S Orchard Dr. 3427 S Orchard Dr. 3371 S Orchard Dr. 2280 S Orchard Dr. 2193 S Orchard Dr. 2065 S Orchard Dr. 105 S 200 W. 412 N 500 W. 391 N 500 W.
Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful
7-Eleven
1109 W 500 S.
West Bountiful
Apple Slim Olson Village Inn Rb’s
1504 S 800 W. 742 W 2600 S. 450 E 1100 N. 527 S 700 W.
Woods Cross Woods Cross Woods Cross Woods Cross
Maverik, (Redwood Rd) Neighbors Market
880 W Center St. 155 S Hwy 89
N.S.L N S.L
Top Stop Rb's Maverik Dicks Market 7-Eleven
382 N Frontage Rd. 291 W Parrish Ln. 95 N Main St. 84 W Parrish Ln. 425 N 700 W.
Centerville Centerville Centerville Centerville Centerville
Maverik
709 S. State St.
Clearfield
Top Stop(Chevron) Maverik
35 S 100 E. Farmington 957 W Shepard Ln. Farmington
Rb’s One Stop Bowman’s Maverik
135 S Main St. 326 N Main St. 888 W. 200 N.
Kaysville Kaysville Kaysville
Maverik Maverik Maverik Morrelli’s
87 N. Main St. 2014 N. 400 W. 1510 E. 700 S. 2798 Hill Field Rd.
Layton Layton Layton Layton
Get the Clipper in your mailbox each week for only $ 35 per year.
Utility Rebates from Questar & Rocky Mountain Power and Factory Rebates up to $1450.00 Celebrating 30 years serving Davis County
Ask ou ab t our maintenance agreements
Free Estimates
25
$ 00
OFF
Service Call
expires 7/31/16
HVAC
CONSTRUCTION, INC.
heating • ventilation • air conditioning
801-298-4822
624 West 900 North, NSL, hvacinutah.com
B4 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Willard
8
10
North Ogden 9 11
15
12 Ogden
13 14 Hooper
South Ogden 89
15
89
16
15 Syracuse
Great Salt Lake
22
17
19 18
4 5 20 Kaysville 21
2
1 Farmington 3 15
Bountiful
North Salt Lake
CLIPPER • THURSDAY, JUNE 9, 2016
PARADE OF HOMES B5
The Sunrise
The Newbury
Watts Enterprises
Rainey Homes, Inc
7
8
4432 Sunrise Drive, Eden
1688 North 550 East, North Ogden
The Sunrise is a 3 bedroom home with main level living, 11foot ceilings and unique copper garage doors. It is built by Watts Enterprises and tucked away in beautiful Eden.
The Newbury is a beautiful 6 bedroom Victorian-style home with a charming kitchen, spacious great room and custom finish cabinetry throughout. Built by Rainey Homes, Inc, its North Ogden location boasts unimpeded views of the Wasatch Mountains.
Spoil Zone
Cambridge
C.F. Olsen Homes
Visionary Homes
7
9
10
6
529 E. 2175 N., North Ogden
1221 E. 2750 N., North Ogden
Spoil Zone is a spacious 3 bedroom home built on a realistic budget around the homeowners wants and needs. Located in North Ogden, it is built by CF Olsen Homes near the Wasatch Mountains.
Cambridge is a 5 bedroom home that boasts elegant simplicity and striking detail. Built by Visionary Homes, it is located in North Ogden.
Solitude
The Jazz
RW Custom Homes
Calute Homes
84 11
12
4026 N. Nebo Ave., North Ogden
1099 W. 4150 N., Pleasant View
Solitude is a contemporary 5 bedroom home featuring all the perks, including a casino game room, deluxe steam shower with his-and-hers master baths, and a theater room with concession area. Built by RW Custom Homes, it is located in the hills of North Ogden.
The Jazz is a modern home specifically designed to integrate the incredible Northern Utah view with an outside-in experience. Located in beautiful North Ogden, it is built by Calute Homes.
Aspen
Keemora
Nilson Homes
Woodmere Homes, LC
13
14
3493 W. 3800 S., West Haven Aspen with Bonus is the epitome of low maintenance living, with added bonuses such as a hidden walk-in pantry, heated garage and large bonus room. It is built by Nilson Homes and located conveniently in West Haven.
4746 W. 4725 S., West Haven Keemora is a stunning 6 bedroom home featuring a full walkout basement, theater room and upscale kitchen. Built by Woodmere Homes, it is located in beautiful West Haven.
2016 Northern Wasatch Parade of Homes Open House Hours The 2016 Parade is open from June 17th to July 2nd
B6 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Alexander
McKall Manor
Sunbrook
Castle Creek Homes
Scott Lindsay Construction
Nilson Homes
15
16
716 S. 3175 W., Syracuse
17
747 South 3175 West, Syracuse
Alexander is a custom home featuring a unique floor plan and spacious kitchen. Located in Syracuse, it is built by Castle Creek Homes.
McKall Manor is a 4 bedroom home with unique rustic modern styling and an open floor plan. Built by Scott Lindsay Construction, it is located in The Bluff subdivision in Syracuse.
568 N. 3500 W., Layton Sunbrook is a 5 bedroom home with custom kitchen that includes a hidden, walk-in pantry and a grocery drop off from garage to pantry. Located in Layton, it is built by award-winning Nilson Homes.
A few tips for first-time home buyers
Edison Lakefront Ivory Homes
Purchasing a home is a big decision, but there are other smaller decisions that you need to make first. Here are some suggestions:
18
Know your budget
Set a monthly payment that you can afford based on your income and other regular expenses. Include in that payment not just the loan itself, but the home insurance, PMI and other costs. You need to know the bottom line before you can proceed.
1716 West 650 South, Layton Edison Lakefront is a modern 3 bedroom home with custom landscaping and outdoor entertainment area. It is built by Ivory Homes and located in the new Evergreen Farms community of Layton.
The Birch Henry Walker Homes 19
756 W. Abbey Way (850 S.), Layton
The Birch is a beautiful 5 bedroom home that features a gorgeous formal dining room, large kitchen and family room, and large windows to capture the beauty of the surrounding area. Located on the border of Layton and Kaysville, it is built by Henry Walker Homes.
appraisal.
Miscellaneous other costs
Be prepared for moving expenses, regular maintenance expenses, etc. If you move into a condo or townhouse, they might be part of an HOA (homeowners association) that takes care of costs for
yard maintenance, snow removal, etc. This will become part of your regular monthly payment plan, so be sure you know what those costs will be.
Utilities
It’s funny how often we take water, sewer, power and other utilities for granted. Don’t. You’ll need to budget for all of
these things, and perhaps others.
Options
Be sure to do your homework on mortgage options. Keep your credit score high by paying your bills on time, and shop your mortgage around (in other words, get a few offers). You might be surprised by what you find.
Cash at closing
You’ll need to make a down payment and take care of closing costs as well. The down payment can vary greatly, anywhere from 5 to 20 percent depending on the loaner. Without 20 percent down, you’ll have that pesky PMI (private mortgage insurance). There are fees for loan origination, title insurance and an
2016 Northern Wasatch Parade of Homes For more information go to nwhbaparade.com
Offering unique and customized landscape solutions.
New projects • remodels commercial maintenance snow removal
Creativity, Integrity, Knowledge
1275 W. 1600 N. • West Bountiful • 801-294-4300
www.lovelandlandscape.com
CLIPPER • THURSDAY, JUNE 9, 2016
The Ballad Symphony Homes 20
1152 S. Arabian Court (990 W), Kaysville The Ballad is a modern 6 bedroom home boasting an open floor plan, unique butler’s pantry and built-in table with waterfall countertop. Built by Symphony Homes, it is located conveniently in west Kaysville.
Andover Sterling Homes 21
1135 S. Foxtrotter Dr., Kaysville Andover is a beautiful 5 bedroom home featuring brick exterior, a three-story, open staircase, library, and full basement kitchen. Located in west Kaysville, it is built by Sterling Homes.
2016 Northern Wasatch Parade of Homes Monday – Thursday 3:00 PM to 9:00PM Friday – Saturday 10:00 AM to 9:00 PM Closed Sundays
ABC4 Utah and Davis Clipper
Partners in community news
PARADE OF HOMES B7
A tax strategy for real estate investment A popular tax-deferral strategy for people who deal in investment property could be in trouble as Congress ponders doing away with it. But already rescue efforts, such as letter-writing and lobbying campaigns, are afoot to counter any talk of repealing Section 1031 of the Internal Revenue Code, which lets taxpayers defer their capital-gains tax on the sale of the property if they reinvest their proceeds in “like-kind” property. “A lot of people want to make sure Section 1031 exchanges stay in place because doing away with or altering this section of the tax code could be detrimental to investors, the real estate market and the economy,” said Dwight Kay, founder and CEO of Kay Properties and Investments (www.kpi1031.com). His California and New Yorkbased company specializes in helping clients purchase Delaware Statutory Trust properties (DSTs) using the Section 1031 Tax Deferred
Exchange. The average American probably knows little or nothing about Section 1031, but it’s a significant taxplanning tool for investors who want to sell investment property, but don’t want to get hit with the capital-gains tax that would result. Here’s how Section 1031 exchanges work: Taxpayers can defer their capital-gains tax on the sale of investment property if they reinvest the proceeds from the sale in other investment property. There are strict deadlines and other specifications that must be met. Several types of property qualify as “like-kind” under the rules. Examples include: apartment buildings, farmland, office buildings, warehouses and rental homes. Delaware Statutory Trust properties also fall on the list. Delaware Statutory Trust properties are prepackaged as 1031 exchange properties, so an investor can close a sale quickly with
no worry about missing those deadlines. The idea of repealing Section 1031 has been talked about before. Critics of 1031 property exchanges say they allow people to defer paying capital-gains taxes for decades. Critics also say the definition of “like-kind” property is imprecise, leading to controversy with the Internal Revenue Service and providing significant opportunities for abuse. Kay suggests there are at least three reasons why keeping Section 1031 in place is good not just for investors, but for the overall economy as well. • Like-kind exchanges benefit millions of American investors and businesses every year by encouraging businesses to expand and by moving dollars within the U.S. economy. “These property exchanges give a boost to the economy, and can create jobs,” Kay says. Without the tax deferral benefit, reinvestment by small and medium-sized businesses and investors would be in-
hibited. The economy could suffer as a result. • Repeal could cause a decline in real estate values because investors would no longer have the ability to defer their capital gain taxes, one of the reasons many invest in real estate to begin with, and therefore may switch strategies and move to more liquid alternatives. • “Although big-money investors certainly make good use of the 1031 exchanges, this is not something that helps just the wealthiest Americans,” Kay says. It is available to and used by taxpayers of all sizes. “We have helped clients with 1031 exchanges as small as $50,000,” Kay added. Investors should keep in mind that real estate and Delaware Statutory Trust (DST) properties may include risks such as, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.
B8 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 1026
Parade of Homes B THURSDAY, JUNE 9, 2016
2015 People’s rd Choice Awa
Jack Fisher Construction
2016 Northern Wasatch Parade of Homes Open House Hours The 2016 Parade is open from June 17th to July 2nd Monday – Thursday 3:00 PM to 9:00PM Friday – Saturday 10:00 AM to 9:00 PM Closed Sundays For more information go to www.nwhbaparade.com
Let us help you create your dream kitchen Thermador Bosch Whirlpool KitchenAid Maytag GE Amana
Speed Queen washers and dryers are laundromat tough for homes
Servicing Appliances since 1961 829 S. 500 W. • Bountiful, Ut. • 801-292-8229 www.appliancedc.com Hours: Mon-Fri 8am-6pm • Sat. 9am-3pm
B2 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Welcome to this year’s Parade of Homes! W
elcome to the 2016 Northern Wasatch Parade of Homes, presented by America First Credit Union. We are thrilled to showcase 21 extraordinary homes from some of the finest professional builders in Utah. These builders have dedicated countless hours to bring you innovative and creative ideas, superior design trends and quality craftsmanship. The talent of each of the builders and their teams is incredible! So, whether you’re looking to buy a home, build a home, or just looking for all the latest decorating trends, we know you’ll find inspiration and new possibilities to take home with you. We have a wide variety of price ranges and styles in the Parade this year so there is something for everyone. The homes are located from North Ogden to Farmington, and from Huntsville to Hooper, so take a fun ride and see as many homes as you can.
SHERI HALL
Courtesy photo
The Parade offers a unique opportunity to meet each of the builders and ask them questions about their homes. We hope you will take the time to find out more about them and why they are so passionate about what they do. They are excited to share their expertise with you. As the economy continues to improve, confidence in the housing market is growing. This is such encouraging news for the building industry as a whole and for the Northern Wasatch area of Utah. It is a great time to buy a home or remodel an existing one, and the members of the Northern Wasatch Home Builders Association can help you do it with confidence. The NWHBA represents the leading contrac-
tors, subcontractors and suppliers in the home building industry in our area. They are committed to the research and development of new materials, utilizing the latest building techniques, creating energy efficient homes and staying on top of constant changes in design. Our members take great pride in their community and in the relationships they have formed within the association. That’s why we hope you’ll hire contractors and businesses that are
members of the NWHBA when you need help with a project. A big thank you to the amazing Parade of Homes committee and the staff of the NWHBA, who have worked tirelessly to make this year’s Parade a success. Thank you for your support and enjoy the Parade! Sheri Hall 2016 Parade of Homes Committee Chairperson
JUNE 14,16, 21, 23, 28 & 30
MASTER FOOD PRESERVER COURSE Do you enjoy the art and science of food preservation and canning? Would you like to develop expertise in food preservation? Consider becoming a Master Food Preserver. This is a 12-part 36-hour training but can be taken for just individual subjects you may need.
• Door prizes galore • Food sampling daily! • Books! • Fun!
To view the full outline and schedule, go to exstension.usu. edu/weber and look under Food Preservation on the Home, Family, Food & Finance page.
T w l
CLIPPER • THURSDAY, JUNE 9, 2016
PARADE OF HOMES B3
The Sunset
The Bayview
Sorrento Traditional
Elite Craft Homes
Stone Peak Construction
Ivory Homes
2
1
3
39 South Sunset Dr., Farmington
The Sunset is a 4 bedroom, modern mountainside home with an open floor plan. It is built by Elite Craft Homes and located on the hillside of Farmington.
996 Compton Rd, Farmington The Bayview is an elegant 4 bedroom home with a gourmet kitchen, three car garage and elegant finishes. It is located in east Farmington and built by Stone Peak Custom Homes.
1678 N. 400 W., Farmington Sorrento Traditional is a beautiful 4 bedroom home with spacious kitchen, Spanish-inspired tile work and a basement theater. It is built by Ivory Homes in an incredible Farmington bench location.
The Stoneridge
Cabo de Luce
La Balearica
Lifestyle Homes
Dalton Construction
Calute Homes
4
5
1494 Hidden Springs Parkway, Fruit Heights The Stoneridge is a custom 4 bedroom home featuring high efficiency features and impeccable design. It is built by Lifestyle Homes and located in beautiful Fruit Heights.
6
400 E. Crestwood, Kaysville Cabo de Luce is a modern home built to suit with 15 foot ceilings and a unique green deck. It is built by Dalton Construction, winner of the 2012 and 2014 Parade “People’s Choice” Award, and centrally located in Kaysville.
6820 E. Via Cortina, Huntsville La Balearica was custom crafted in collaboration with the owner, and features an emphasis on one-of-a-kind stone, wood and tile. Built by Calute Homes, it is located in breathtaking Huntsville.
2016 Northern Wasatch Parade of Homes For more information go to www.nwhbaparade.com
LOOKING
for the Davis Clipper?
Find it at these locations... Davis Clipper Office 7-Eleven Maverik Tesoro Sunshine Cafe Fastrac - Sinclair Winegars Dick’s Market Corner 22(Sinclair) At Your Convenience(Phillips 66) Maverik Common Cents Chevron
1370 S 500 W 1515 S 500 W. 1500 S Main St. 2568 S Main St. 20 S Orchard Dr. 3427 S Orchard Dr. 3371 S Orchard Dr. 2280 S Orchard Dr. 2193 S Orchard Dr. 2065 S Orchard Dr. 105 S 200 W. 412 N 500 W. 391 N 500 W.
Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful Bountiful
7-Eleven
1109 W 500 S.
West Bountiful
Apple Slim Olson Village Inn Rb’s
1504 S 800 W. 742 W 2600 S. 450 E 1100 N. 527 S 700 W.
Woods Cross Woods Cross Woods Cross Woods Cross
Maverik, (Redwood Rd) Neighbors Market
880 W Center St. 155 S Hwy 89
N.S.L N S.L
Top Stop Rb's Maverik Dicks Market 7-Eleven
382 N Frontage Rd. 291 W Parrish Ln. 95 N Main St. 84 W Parrish Ln. 425 N 700 W.
Centerville Centerville Centerville Centerville Centerville
Maverik
709 S. State St.
Clearfield
Top Stop(Chevron) Maverik
35 S 100 E. Farmington 957 W Shepard Ln. Farmington
Rb’s One Stop Bowman’s Maverik
135 S Main St. 326 N Main St. 888 W. 200 N.
Kaysville Kaysville Kaysville
Maverik Maverik Maverik Morrelli’s
87 N. Main St. 2014 N. 400 W. 1510 E. 700 S. 2798 Hill Field Rd.
Layton Layton Layton Layton
Get the Clipper in your mailbox each week for only $ 35 per year.
Utility Rebates from Questar & Rocky Mountain Power and Factory Rebates up to $1450.00 Celebrating 30 years serving Davis County
Ask ou ab t our maintenance agreements
Free Estimates
25
$ 00
OFF
Service Call
expires 7/31/16
HVAC
CONSTRUCTION, INC.
heating • ventilation • air conditioning
801-298-4822
624 West 900 North, NSL, hvacinutah.com
B4 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Willard
8
10
North Ogden 9 11
15
12 Ogden
13 14 Hooper
South Ogden 89
15
89
16
15 Syracuse
Great Salt Lake
22
17
19 18
4 5 20 Kaysville 21
2
1 Farmington 3 15
Bountiful
North Salt Lake
CLIPPER • THURSDAY, JUNE 9, 2016
PARADE OF HOMES B5
The Sunrise
The Newbury
Watts Enterprises
Rainey Homes, Inc
7
8
4432 Sunrise Drive, Eden
1688 North 550 East, North Ogden
The Sunrise is a 3 bedroom home with main level living, 11foot ceilings and unique copper garage doors. It is built by Watts Enterprises and tucked away in beautiful Eden.
The Newbury is a beautiful 6 bedroom Victorian-style home with a charming kitchen, spacious great room and custom finish cabinetry throughout. Built by Rainey Homes, Inc, its North Ogden location boasts unimpeded views of the Wasatch Mountains.
Spoil Zone
Cambridge
C.F. Olsen Homes
Visionary Homes
7
9
10
6
529 E. 2175 N., North Ogden
1221 E. 2750 N., North Ogden
Spoil Zone is a spacious 3 bedroom home built on a realistic budget around the homeowners wants and needs. Located in North Ogden, it is built by CF Olsen Homes near the Wasatch Mountains.
Cambridge is a 5 bedroom home that boasts elegant simplicity and striking detail. Built by Visionary Homes, it is located in North Ogden.
Solitude
The Jazz
RW Custom Homes
Calute Homes
84 11
12
4026 N. Nebo Ave., North Ogden
1099 W. 4150 N., Pleasant View
Solitude is a contemporary 5 bedroom home featuring all the perks, including a casino game room, deluxe steam shower with his-and-hers master baths, and a theater room with concession area. Built by RW Custom Homes, it is located in the hills of North Ogden.
The Jazz is a modern home specifically designed to integrate the incredible Northern Utah view with an outside-in experience. Located in beautiful North Ogden, it is built by Calute Homes.
Aspen
Keemora
Nilson Homes
Woodmere Homes, LC
13
14
3493 W. 3800 S., West Haven Aspen with Bonus is the epitome of low maintenance living, with added bonuses such as a hidden walk-in pantry, heated garage and large bonus room. It is built by Nilson Homes and located conveniently in West Haven.
4746 W. 4725 S., West Haven Keemora is a stunning 6 bedroom home featuring a full walkout basement, theater room and upscale kitchen. Built by Woodmere Homes, it is located in beautiful West Haven.
2016 Northern Wasatch Parade of Homes Open House Hours The 2016 Parade is open from June 17th to July 2nd
B6 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 2016
Alexander
McKall Manor
Sunbrook
Castle Creek Homes
Scott Lindsay Construction
Nilson Homes
15
16
716 S. 3175 W., Syracuse
17
747 South 3175 West, Syracuse
Alexander is a custom home featuring a unique floor plan and spacious kitchen. Located in Syracuse, it is built by Castle Creek Homes.
McKall Manor is a 4 bedroom home with unique rustic modern styling and an open floor plan. Built by Scott Lindsay Construction, it is located in The Bluff subdivision in Syracuse.
568 N. 3500 W., Layton Sunbrook is a 5 bedroom home with custom kitchen that includes a hidden, walk-in pantry and a grocery drop off from garage to pantry. Located in Layton, it is built by award-winning Nilson Homes.
A few tips for first-time home buyers
Edison Lakefront Ivory Homes
Purchasing a home is a big decision, but there are other smaller decisions that you need to make first. Here are some suggestions:
18
Know your budget
Set a monthly payment that you can afford based on your income and other regular expenses. Include in that payment not just the loan itself, but the home insurance, PMI and other costs. You need to know the bottom line before you can proceed.
1716 West 650 South, Layton Edison Lakefront is a modern 3 bedroom home with custom landscaping and outdoor entertainment area. It is built by Ivory Homes and located in the new Evergreen Farms community of Layton.
The Birch Henry Walker Homes 19
756 W. Abbey Way (850 S.), Layton
The Birch is a beautiful 5 bedroom home that features a gorgeous formal dining room, large kitchen and family room, and large windows to capture the beauty of the surrounding area. Located on the border of Layton and Kaysville, it is built by Henry Walker Homes.
appraisal.
Miscellaneous other costs
Be prepared for moving expenses, regular maintenance expenses, etc. If you move into a condo or townhouse, they might be part of an HOA (homeowners association) that takes care of costs for
yard maintenance, snow removal, etc. This will become part of your regular monthly payment plan, so be sure you know what those costs will be.
Utilities
It’s funny how often we take water, sewer, power and other utilities for granted. Don’t. You’ll need to budget for all of
these things, and perhaps others.
Options
Be sure to do your homework on mortgage options. Keep your credit score high by paying your bills on time, and shop your mortgage around (in other words, get a few offers). You might be surprised by what you find.
Cash at closing
You’ll need to make a down payment and take care of closing costs as well. The down payment can vary greatly, anywhere from 5 to 20 percent depending on the loaner. Without 20 percent down, you’ll have that pesky PMI (private mortgage insurance). There are fees for loan origination, title insurance and an
2016 Northern Wasatch Parade of Homes For more information go to nwhbaparade.com
Offering unique and customized landscape solutions.
New projects • remodels commercial maintenance snow removal
Creativity, Integrity, Knowledge
1275 W. 1600 N. • West Bountiful • 801-294-4300
www.lovelandlandscape.com
CLIPPER • THURSDAY, JUNE 9, 2016
The Ballad Symphony Homes 20
1152 S. Arabian Court (990 W), Kaysville The Ballad is a modern 6 bedroom home boasting an open floor plan, unique butler’s pantry and built-in table with waterfall countertop. Built by Symphony Homes, it is located conveniently in west Kaysville.
Andover Sterling Homes 21
1135 S. Foxtrotter Dr., Kaysville Andover is a beautiful 5 bedroom home featuring brick exterior, a three-story, open staircase, library, and full basement kitchen. Located in west Kaysville, it is built by Sterling Homes.
2016 Northern Wasatch Parade of Homes Monday – Thursday 3:00 PM to 9:00PM Friday – Saturday 10:00 AM to 9:00 PM Closed Sundays
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PARADE OF HOMES B7
A tax strategy for real estate investment A popular tax-deferral strategy for people who deal in investment property could be in trouble as Congress ponders doing away with it. But already rescue efforts, such as letter-writing and lobbying campaigns, are afoot to counter any talk of repealing Section 1031 of the Internal Revenue Code, which lets taxpayers defer their capital-gains tax on the sale of the property if they reinvest their proceeds in “like-kind” property. “A lot of people want to make sure Section 1031 exchanges stay in place because doing away with or altering this section of the tax code could be detrimental to investors, the real estate market and the economy,” said Dwight Kay, founder and CEO of Kay Properties and Investments (www.kpi1031.com). His California and New Yorkbased company specializes in helping clients purchase Delaware Statutory Trust properties (DSTs) using the Section 1031 Tax Deferred
Exchange. The average American probably knows little or nothing about Section 1031, but it’s a significant taxplanning tool for investors who want to sell investment property, but don’t want to get hit with the capital-gains tax that would result. Here’s how Section 1031 exchanges work: Taxpayers can defer their capital-gains tax on the sale of investment property if they reinvest the proceeds from the sale in other investment property. There are strict deadlines and other specifications that must be met. Several types of property qualify as “like-kind” under the rules. Examples include: apartment buildings, farmland, office buildings, warehouses and rental homes. Delaware Statutory Trust properties also fall on the list. Delaware Statutory Trust properties are prepackaged as 1031 exchange properties, so an investor can close a sale quickly with
no worry about missing those deadlines. The idea of repealing Section 1031 has been talked about before. Critics of 1031 property exchanges say they allow people to defer paying capital-gains taxes for decades. Critics also say the definition of “like-kind” property is imprecise, leading to controversy with the Internal Revenue Service and providing significant opportunities for abuse. Kay suggests there are at least three reasons why keeping Section 1031 in place is good not just for investors, but for the overall economy as well. • Like-kind exchanges benefit millions of American investors and businesses every year by encouraging businesses to expand and by moving dollars within the U.S. economy. “These property exchanges give a boost to the economy, and can create jobs,” Kay says. Without the tax deferral benefit, reinvestment by small and medium-sized businesses and investors would be in-
hibited. The economy could suffer as a result. • Repeal could cause a decline in real estate values because investors would no longer have the ability to defer their capital gain taxes, one of the reasons many invest in real estate to begin with, and therefore may switch strategies and move to more liquid alternatives. • “Although big-money investors certainly make good use of the 1031 exchanges, this is not something that helps just the wealthiest Americans,” Kay says. It is available to and used by taxpayers of all sizes. “We have helped clients with 1031 exchanges as small as $50,000,” Kay added. Investors should keep in mind that real estate and Delaware Statutory Trust (DST) properties may include risks such as, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.
B8 PARADE OF HOMES CLIPPER • THURSDAY, JUNE 9, 1026
