By Tyler McArthur
Owner of Vesta Homes
Lehi, Utah is clearly one of the hottest communities in the state right now and families from all over the country are flocking to snatch up homes there. As someone that lived in Lehi for over a year and a half, I can verify that they hype is definitely well-deserved. It’s a wonderful place to live for a lot of different reasons. What are they?
1. Tech Jobs
It’s all about the tech jobs. Most of the growth in Lehi is coming from the fact that the area, now dubbed Silicon Slopes, is experiencing a massive boom in commercial real estate, with several large tech companies choosing to set up shop there. There’s a real entrepreneurial vibe as you get out into the community. Most of the people I interacted with had jobs in the tech sector or were somehow connected to it. Established companies like Adobe, I.M. Flash, Microsoft, Vivint, Oracle, and Ancestry, and some up and comers like Podium, MX, and Jane.com all have offices in the area. I’ve had lunches with MBAs from Oxford and talked business with Harvard grads. It definitely feels like there’s something big going on in Lehi.
It’s not just tech jobs, though. Employment opportunities in Lehi, and Utah in general, are abundant. Anyone trained in education, healthcare, or the financial sector would not have to try hard to find a job nearby.
For me as a home builder, it made sense to locate myself right smack dab in the middle of where most of the construction was happening in Utah. Lehi is very centrally located, which brings me to my next point:
2. Convenient Location
I loved the idea that Lehi was mid-way between Salt Lake and Provo. I went to Brigham Young University and still had a lot of connections with friends that had settled down in Utah County. My younger brothers and other family members are currently in college in Provo, so I regularly spend time down there.
But Lehi is also close to Salt Lake City. It’s about 25 minutes to downtown if you live close to I-15, which I did. I’m from the Salt Lake valley and it was important to me to still be near to my hometown, family, and all the events and restaurants that I regularly go to in Salt Lake. The airport is exactly 30 minutes away. Many people will find that living in Lehi and commuting to Salt Lake is entirely possible.
3. Idyllic Rural Charm
Despite the growth there is still a ton of open land in Lehi. I lived in a community that backed right up to the hills of Traverse Mountain and I would regularly go walking and hiking up there. There was even a nice place I could drive my truck to watch the sun set over the Oquirrhs and Utah Lake and see all the city lights of Lehi below. The Murdock Canal Trail and the Lehi Rail Trail are hits with the cycling crowd, and I took some long walks down those trails at night feeling perfectly safe. More trails are planned. West Lehi especially has lots of fields and open spaces that makes it feel like a peaceful place that you could raise a family.
The neighborhoods in this area are very residential and rural, with schools and churches all nearby. It feels like a place that someone could put down roots in and be happy for a very long time.
4. Rising Property Values
The upside of all the growth is rocketing property values. We’re currently seeing double digit percentage increases year over year in residential single family homes in Lehi. My co-worker who lives at Thanksgiving Point says that it seems like every week he checks Zillow his home price has gone up by $1,000. By buying a home in Lehi now you can guarantee that your home will appreciate for the foreseeable future. All the right metrics are in place in Lehi for this to occur: population growth, household formation, median income growth, net migration into the area, a highly educated workforce. Additionally, as business and government investment increases in Lehi, more people will want to move there and will likely continue to outstrip the available supply of housing.
Lehi is very close to all sorts of recreational opportunities. American Fork Canyon between Lone Peak and Timpanogos has great hiking and camping and they just built a nice new beach and recreation area at Tibble Fork Reservoir. Obviously, all of Utah’s world class ski resorts are less than an hour away. Lehi is also advantageously close to Utah Lake. Utah Lake has been massively cleaned up since the Geneva Steel days and water sports are now super popular with Lehi’s residents. My personal favorite thing to do in the area is soak in the hot springs just down the road in Saratoga Springs. It’s a relaxing way to spend some quality time with friends out in nature.
Lastly, the Thanksgiving Point/Traverse Mountain area has seen a boom in the amount of retail shopping and restaurants. Cabela’s, Harmon’s, and The Outlets at Traverse Mountain are the most popular. I loved running into all my friends at the new Harmon’s, and I even started going to lunch there regularly because I liked the trendy café feel on the second floor. There is also a massive shopping development in American Fork called The Meadows which has all the retail shopping you may crave. Target, Home Depot, Best Buy, Wal-Mart, and Kohl’s are some examples. And for good eating, you’ve got Chick-fil-A, In-N-Out, Zupas, and a hundred others there as well. I honestly get overwhelmed driving through this area and trying to decide where to eat!
What are you waiting for? Build in Lehi now and move in this summer.
There are numerous good reasons to move to Lehi, and I hope I’ve given you a few examples that may guide your home purchasing decision. Vesta Homes right now has two reasonably priced lots available to build on in west Lehi in a new neighborhood called Dapple Gray Trails. Call our VP of Sales Jeff about it and he’d be happy to give you some more information.
Call Jeff Gomez at 385-800-1850.
Click here to check out the Dapple Gray Lots.
Click here to check out some of Vesta Homes most popular home plans.