I live in Jackson, WY, also known as Jackson Hole. Jackson is full of people whose opinions count more because they were born here, or even better, because their grandfather was born here. [Wait a minute, I'm hijacking my own blog...back to the topic at hand] Sadly, I'll never be a "local", since I only discovered Jackson in 1999. But if you come to visit, let me give you a few hints on how to blend in a little better... Come a little closer...
It's all about knowing how to pronounce things. For instance, the Teton mountains are NOT the Teetins, they are the Tee-Tahns. And if you have to drive up over Togwotee Pass to Dubois, you should tell people you are
heading over Toe-guh-Tee to see your friend in Dew-Boys. Just head north on the highway out of town, past Gros Ventre Junction ("Grow Vaunt") and keep going past the airport ("Airport" - we're not that dumb!) To really impress your new friends in the brew pub (where the real locals go), don't say creek, 'cause in these parts it's a crick. For instance, I live in Hoback Nation (although the map says it's Hoback Junction), which is south of Game Crick and Horse Crick.
So drop by, and look me up. I'll meet you for a beer at the pub, and we can talk about how great this place used to be before people like us got here. ;)
Tim
Tim Bradley
Owner/Broker
Contour Investment Properties
220 East Broadway
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
At our Rotary lunch meeting today, our guest speaker started out by saying "It's cool to be noticed." That struck me as such an innocent and revealing comment, and such a true one as well. The speaker was a high school girl being recognized for her hard work in overcoming a difficult family situation and doing well in school. For her hard work, 100 people stood and clapped, and gave her an award.
Miss that feeling? Put in some hard work, and you'll be rewarded too.
Tim Bradley
Owner/Broker
Contour Investment Properties
220 East Broadway
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
Wyoming has a well deserved reputation for low taxes, having no state personal or corporate income tax, and having a very low property tax rate. Here's how to calculate property taxes in Jackson Hole (Teton county, Wyoming).
Property taxes are calculated by multiplying the mill levy by the assessed value, and the assesed value is equal to the market value times 9.5%. The mill levy is generally given as an amount per $1000 dollars of value, so before multiplying the levy by the assessed value, you should move the decimal point on the levy to the left by three places. Here's an example.
Let's say the property is worth $1,000,000, and the mill levy is $57.42.
Multiply $1,000,000 (market value) by 9.5% to get $95,000 (assessed value).
Now multiply $95,000 (assessed value) by 0.05742 (mill levy divided by $1,000) to get $5,454.90 (annual taxes). That's it!
By way of recognizing how low that is, the annual taxes on that property work out to be just over half a percent of the value of the property, while in Texas, the taxes would be over 3% of the value of the property.
Now that you know how, I'll show you an easier way...click here and enter the owner's name or street address of the property. The county treasurer's website will not only tell you the amount of the current taxes, but whether they have been paid, and what the taxes for the past few years have been. Are yours paid up?
Thanks to Mihaela, whose similar blog on taxes in Maui inspired this post.
For further information, or to learn more about the Jackson Hole commercial market, please contact:
Tim Bradley
Owner/Broker
Contour Investment Properties
220 East Broadway
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
One of the largest and oldest real estate companies in Jackson Hole closed their doors today. The 89 agents and several staff members with Real Estate of Jackson Hole became homeless today, as a dramatic slowdown in residential sales over the past year rendered the company unable to meet their overhead requirements. Many of these agents will likely exit the business, while others will be absorbed into other firms, and a few will open new smaller brokerages.
This is a trend seen around the valley, with every aspect of the real estate business sharing in the downturn. Developers, contractors, real estate agents, title companies, and appraisers are all reducing staff and laying off professionals. This latest closing will also have a significant impact on our newspaper, which was reportedly receiving over $1 million in advertising dollars annually from the now-defunct Real Estate of Jackson Hole. It is a time to focus on the essentials of business and to cut all unneccesary overhead.
My heartfelt condolences go out to my friends and former associates at REJH, and all my best wishes to your next endeavors. What absolutely crappy timing.
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
Tim Bradley
Owner/Broker
Contour Investment Properties
220 East Broadway
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com
Photo taken by May 2008 by Tim Bradley, all rights reserved and may not be reproduced without the express written permission of the photographer.
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
Tim Bradley
Owner/Broker
Contour Investment Properties
220 East Broadway
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com
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Commercial and investment real estate specialist, holding both the MAI and CCIM designation. We specialize in commercial leasing and sales in Jackson Hole, Wyoming.
Contour Investment Properties was formed in May 2008 by three brokers with over 50 years of collective experience in commercial brokerage. The company focuses on commercial and investment opportunities in Jackson Hole and Teton Valley, including retail, office, warehouse, and land development.
Beyond brokerage, the partners have experience as retailers, developers, appraisers, property managers, and marketing directors. The marriage of this background and their brokerage expertise create an unbeatable combination.
Tim Bradley began his career in commercial real estate in 1987, after graduating from University of Texas with an MBA in real estate and finance. He moved to Jackson in 1999 after a 12 year career as a commercial appraiser in Dallas, Tx. Licensed as a broker and an appraiser, Tim specializes in the leasing and sale of office, retail, and industrial property in Jackson Hole. He has closed over 140 commercial leases and sales in Jackson since beginning his brokerage practice in 2002.
Tim is a Certified Commercial Investment Member (CCIM). Only 6 percent of the estimated 150,000 commercial real estate practitioners nationwide hold the CCIM designation. He has also earned the designation of MAI with the Appraisal Institute, the highest designation available for commercial appraisal. Tim is a past president of the Board of Directors of Teton Literacy Program and recipient of their Founder’s Award, and is president-elect of the 200 member Rotary Club of Jackson Hole.
At Contour Investment Properties, we specialize in commercial investment real estate, both leasing and sales. In 2006, I closed 32 transactions in Jackson Hole, including industrial, retail, office, and development land, followed by another 20 transactions in 2007. The transactions range from one year leases to multi-million dollar sales, with each transaction receiving the same focus and dedication that you deserve. For a more complete overview of my background and our capabilities, available properties, and closed transactions, please visit our website at www.contourproperties.com.
I recently was involved in a transaction with Tim to acquire a piece of property for a local human service non-profit. What really impressed me about Tim and his dedication to service occurred months later, when we were in the design phase of the project. Tim spent several volunteer hours with me researching the feasibility of our plans, the current applicable zoning and neighborhood CCRs. Tim was an invaluable source of insight and professionalism. www.jhccc.org
Tom Hickey, Director of Development, Jackson Hole Community Counseling Center
Dear Tim,
We would like to thank you for all your help in our recent building sale. We found you to be extremely responsive and professional at all times. We felt that you kept our sale as a top priority and because of that we were able to turn our property much quicker than we had anticipated. Please feel free to share our name with prospective clients.
Stephen and Karen Gieck, Wyoming Mechanical
Jackson, WY
I would not be in the wonderful space that I am in right now if it wasn't for Tim Bradley. He was very attentive, knowledgable, and dedicated to doing the best job possible. I believe that Tim is the best man Jackson has to offer for commercial leasing. www.astoriafineart.com
Greg Fulton, Astoria Fine Art
Wood has been the preferred building material for thousands of years, because it is one of the few materials that will rot as well as burn.
Dave Barry
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