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What can I do with my property in Teton Valley?

July 2, 2019 By Tayson Rockefeller Leave a Comment

This has become an increasing hot topic in terms of number of homes, guest home requirements, and so forth. It’s important to remember that City Zoning AND Subdivision CC&Rs take precedence, so this is to outline County requirements to provide baseline. The purpose of this article is to provide an overview of what can be done on a RESIDENTIALLY zoned property within the County limits. Properties zoned commercial, industrial or multi-family (which are rare by comparison) have different regulations, as do properties within City limits. This does not cover all of the County restrictions, only answers to some frequently asked questions, and should be independently verified.

WHAT can I build?
In a nutshell, the County allows the construction of ONE primary home, ONE guest home, and any number of outbuildings such as a shed or barn, so long as they conform to the setback and size requirements.

Manufactured? Modular?
Manufactured homes, except those built prior to 1976 are allowed as long as they are constructed to satisfy the uniform building code (UBC). Modular homes are also subject to the building codes.

Do I need a building permit?
You need a building permit for any structure over 200 SqFt unless it is a dwelling, in which case a permit will be required for any size.

What are the building code requirements?
As of the time of this writing, Teton County IDAHO is operating under the 2012 International Building Code (IBC) & the 2012 International Residential Code (IRC) for determining and enforcing the quality of construction, while Teton County WYOMING has mostly adopted the 2015 versions of the code.

Size and setback requirements?
Size:Height: 30’ (60’ for some structures, such as barns in the A20 zone)
Fence Height: 6’ (without obstructing a corner lot sight line)
***Some decks, chimneys, wells, septic tanks, etc. can in some instances come within 6’ of a property line.Currently there is no minimum or maximum restriction on home size, except for those outlined for guest homes.
Setbacks (for building only, not septic or well):Front: 30’
Rear: 40’
Side: 30’
Teton River: 100’
Stream or Creek: 50’
Irrigation Ditch: 15’
Accessory buildings such as sheds under 200 SqFt can be as close as 12’ to a property boundary.

An article regarding septic installation and setback requirements can be found here.

Guest homes?
ONE guest dwelling can be constructed (attached or detached) to the primary unit and must have it’s own kitchen, bathroom and bedroom. The maximum size must not exceed 50% of the primary dwelling square footage or 900 SqFt, whichever is GREATER, not to exceed a total of 1500 SqFt. If the parcel is 5 acres or larger, these size requirements shall not apply. On acreages smaller than 1 acre, guest dwelling are not allowed.

How many homes can I build?
TWO dwellings are allowed per parcel, unless the parcel is smaller than one acre, in which case ONE dwelling is allowed.

Trailers? Campers?
Storing your OWN utility or livestock trailers is not restricted, though vehicle storage for a fee or a business is only allowed in industrial zones. RV or camper storage is restricted to ONE per property, and questions regarding occupying or residing in an RV or camper on your property (either short-term or long-term) should be directed to Teton County. Camping is not restricted on your property unless you are charging a fee, in which case a permit would be required.

Sheds & outbuildings?
Accessory buildings are allowed and cannot exceed 3000 SqFt and 2 stories in height, this applies for all types of zoning. Accessory buildings are not to be confused with accessory DWELLINGS and CANNOT be occupied as a residence.

Business or lodging operation?
Properties that are in residential zones can operate under approved conditional use permits.

An article regarding Conditional Use Permits can be found here.

Well, septic, power, phone required?
Wells are not required. An approved wastewater system such as a septic system is required for any dwelling, and must be approved with the Eastern Idaho Public Health Department.

An article regarding septic systems can be found here.

Summary
As mentioned above, this article is only a loose guideline, and questions should always be directed to the County, City and Homeowners Associations. There are other county-wide restrictions that must be considered as well, from lighting restrictions and requirements to parking an driveway requirements for fire department access. It is also important to remember that there are specific requirements when building in areas with hillsides, wetland, floodplain, or specific overlays such as zoning overlays and even wildlife overlays.

As a final note, these comments are based on Title 8 of the Teton County, Idaho Zoning Ordinance, amended May 26, 2009. The county is currently considering a revamp or rewrite of this ordinance to clarify certain points, and potentially make changes. A link to the current code can be found here. If this link is broken, it is likely that this code has been amended.

April ’18 Market Stats

April 30, 2018 By Tayson Rockefeller Leave a Comment

March ’18 Market Stats

March 31, 2018 By Tayson Rockefeller Leave a Comment

Localized Bubble, and Market Ramifications

November 24, 2016 By Tayson Rockefeller Leave a Comment

market-conditionsLast week I promised an article on the potential for a localized market bubble. Refer to last weeks article;

Last week’s article
 
According to Wikipedia: A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, typically following a land boom.
 
First, are we in a bubble now? I’ve heard lots of local Teton Valley talk about the current real estate situation (low Real Estate Supply, low vacancy, increasing rents, need for construction) which ironically coincides with last week’s market cycle prediction. Based on the above definition, and the predictions outlined in last week’s article, the answer is no, we are not in a bubble. We are simply either enjoying increased rents and markets due to market supply and availability, or on the brunt end of a market with limited inventory, thus faced with high market rents, or purchasing in a market with limited inventory. The bubble, (if following the prediction that the next Real Estate market recession will not occur until 2024), will come just before that time when supply far exceeds demand.
 
On a local level, we do generally follow National trends. We have been in some instances “immune” to certain market conditions, and have also found ourselves overexposed – meaning we create our own problems. I would refer to these “problems” as “mini-cycles”. These mini-cycles, assuming they do not spiral out of control, are simple reminders that we need to cool it, or we’ll wind up in 2008 while the rest of the Nation enjoys the fruits of a standard market cycle.
 

Example; I am currently aware of well over 50 acres of vacant land pending sale in the Victor area alone, all zoned for medium or high density. In addition, there are even more projects with similar density requirements slated for construction beginning 2017. Now, according to the market cycles outlined in last weeks article (refer above) this is normal, As long as it doesn’t get out of hand. There’s a potential for this to turn into a race to the finish line, in order to complete and liquidate projects before the next developer or investor. If that happens, not only will the last developer to complete their project end up with the short end of the stick, but so will we, here in our local Teton Valley Market. If it doesn’t get too out of hand, this will cause, in my opinion, a mini cycle, or intermediate bubble.

From a local government standpoint,  I think it is possible. In my opinion, the city of Victor promotes growth more than it’s sister cities in Teton Valley, or the County itself. Victor needs to be very careful, and Victor’s investors the same with regards to the above concerns. Teton County also has a new wave of elected officials produced by this past election, likely more so pro-growth than the outgoing officials. This is fine, but we need to be careful.

For those of you that are concerned about the potential for a premature bubble or mini cycle, 2017 might be a good opportunity to liquidate while the market is relatively stable, and supply is low. Am I telling everyone to panic? No. I’m not panicking, and I’m likely not going to sell off my Real Estate assets in 2017. I am however going to closely monitor the situation, and not get ahead of myself. Like our grandparents before us and their conservative values as a result of living through the Great Depression, I too am sensitive to these types of things having recently witnessed the “Great Recession” in a Real Estate family.

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