Open data · CC-BY 4.0

Park City, UT cost segregation benchmarks (2026)

Engine-derived ROI data from 5 representative Park City-area properties. Methodology transparent below. CC-BY 4.0 — journalists, CPAs, and researchers may cite this dataset with attribution.

Three key findings for Park City

  1. Median engine-estimated Year-1 federal savings: $90,760 (interquartile range $72,164–$109,768, full range $53,660–$115,726) across 5 representative fixtures with purchase prices $1,100,000–$2,400,000. Assumptions: 100% bonus depreciation under OBBBA; 37% federal top marginal bracket. Individual property results vary substantially based on specific condition, renovation history, and rental treatment.
  2. Median reclassification ratio: 26.1% (interquartile range 23.6%–26.8%, full range 17.3%–26.9%). Furnished STRs sit higher in the range due to FF&E density; long-term rentals sit lower; renovation-cost-pool-driven properties span both. Your specific property may fall outside this range either direction depending on actual condition and renovation history.
  3. Median land allocation: 23.8% (interquartile range 23.7%–50.0%, full range 23.7%–50.0%). Resort-tier and high-cost-of-land neighborhoods (where the engine's premium land floor often applies) compress depreciable basis as a percentage of purchase price, but produce larger absolute dollar deductions. See the methodology note below the neighborhood table for the premium-floor mechanism.

Important framing: These are engine outputs for representative fixture scenarios, not predictions about any specific property. The cost segregation engine takes real property data (address, year built, square footage, renovation history, assessor records) and produces a study tailored to your actual property. The aggregate numbers shown here describe the Park City market's general profile; your specific results will reflect your specific property.

Per-fixture results

Each fixture was run through the Cost Seg Smart engine — the same engine that produces real customer studies. Numbers below are reproducible from cities/parkcity.json via scripts/run_city_stats.py.

Property Neighborhood Price Basis Land % 5-yr 15-yr Reclass % Y1 fed savings @ 37%
Deer Valley Ski-In Condo
CONDO · STR · Built 2010
Deer Valley $2,400,000 $1,200,000 50.0% $231,564 $75,068 26.1% $115,726
Old Town Mining-Era SFR
SFR · STR · Built 1908
Old Town $1,650,000 $825,000 50.0% $136,586 $54,390 23.6% $72,164
Park Meadows Family STR
SFR · STR · Built 2008
Park Meadows $1,450,000 $1,104,610 23.8% $221,235 $70,094 26.9% $109,768
Canyons Village Condo
CONDO · STR · Built 2016
Canyons Village $1,200,000 $915,120 23.7% $184,265 $56,067 26.8% $90,760
Jeremy Ranch Long-Term Rental
SFR · Built 2002
Jeremy Ranch $1,100,000 $839,080 23.7% $91,101 $53,926 17.3% $53,660

Reclassification by property type

Engine property typeFixturesMedian reclass %MinMax
CONDO 2 26.4% 26.1% 26.8%
SFR 3 23.6% 17.3% 26.9%

"STR" denotes residential property operating as a short-term rental — the engine applies an FF&E density uplift not captured in the LTR (long-term rental) treatment.

Typical land allocation by neighborhood

NeighborhoodTypical valueTypical land allocationProfile note
Deer Valley $2,800,000 ~38% Resort-tier ski-in/ski-out at Deer Valley Resort. High land allocation (resort land scarcity premium) suppresses the depreciable basis as a percentage of purchase — but absolute basis is still large. Best fixture profile: $2M–$5M condo or chalet.
Old Town (Park Avenue / Main Street) $1,650,000 ~32% Historic mining-era SFRs and townhomes within the Park Avenue, Main Street, and Empire Pass corridors. Heavy renovations often layered onto 1890s–1920s bones — renovation_cost blocks meaningfully bump short-life reclassification.
Park Meadows $1,450,000 ~25% Off-mountain family SFR market. Larger lots, 1990s–2010s builds dominate. Lower land allocation = more depreciable basis per dollar. Sweet spot for STR-converted family homes.
Canyons Village (Park City Mountain) $1,200,000 ~28% Resort condo stock at the Canyons base. Vertical density reduces effective land allocation. Best fit for the $800K–$1.5M condo buyer.
Jeremy Ranch / Pinebrook $1,100,000 ~22% Outside Park City limits — long-term rental crossover. Lower entry, weaker STR margins but easier permitting. Material participation cleaner because tenant turnover is annual rather than weekly.
Why per-fixture engine output may differ from the typical land allocation:

The "typical land allocation" column reflects baseline patterns for each sub-market based on county assessor records and statistical modeling. For specific properties where reconstruction cost (RSMeans 2024 component build-up adjusted for time and geography) exceeds 2.0× the implied depreciable basis after subtracting the baseline land — the engine applies a premium land floor (~50%) to keep the study within audit-defensible territory. This typically affects ultra-premium resort inventory (ski-in/ski-out, beachfront, view-premium properties), where land scarcity premium dominates the purchase price. The per-fixture table above shows the actual land_source used by the engine for each fixture — values of statistical_premium_floor indicate the premium-floor mechanism was applied.

The takeaway: typical neighborhood allocations describe the market baseline. Individual property results depend on specific reconstruction-cost-vs-purchase-price ratios, and ultra-premium product may show higher land allocation in the engine output than the neighborhood typical.

Utah tax context

Utah state position on §168(k) bonus depreciation:

Utah conforms to federal §168(k), so 100% bonus depreciation under the One Big Beautiful Bill Act applies for both federal AND Utah state tax. There is no state addback. Park City cost-seg deductions reduce both your federal and your Utah income tax liability in the same year.

State income tax structure: Flat single rate (2024 tax year onward)

Verify with your CPA. State tax conformity for federal §168(k) is adjusted frequently. Framing reflects our understanding as of May 2026 — verify current-year treatment with a qualified tax professional.

Methodology

Every figure on this page is reproducible. The pipeline:

  1. Fixture definition. 5 Park City-area properties defined in cities/parkcity.json under the engine_fixtures array, each with address, property type, purchase price, year built, square footage, and STR/LTR flag.
  2. Engine run. The script scripts/run_city_stats.py instantiates a PropertyInput for each fixture and calls engine.run_study() — the same path that produces a real customer study.
  3. Base costs. RSMeans 2024 construction-cost data by component category, applied as base-rate per square foot.
  4. Time index. BLS Producer Price Index (Construction Materials series WPUFD49207) adjusts RSMeans 2024 dollars to acquisition-date dollars.
  5. Geographic factor. Six-tier resolver: pinned metros → calibrated → manual → state → region → national default.
  6. Land allocation. County assessor records when reliability gate passes; statistical fallback (metro → state → national medians) otherwise. Premium floor applies when reconciliation factor (rf_raw) exceeds 2.0.
  7. MACRS classification. IRS Pub. 946 + Rev. Proc. 87-56 asset class lives — 5-year (personal property), 7-year (office equipment), 15-year (land improvements), 27.5-year (residential structure), 39-year (commercial structure).
  8. Bonus depreciation. 100% — the One Big Beautiful Bill Act (OBBBA, signed July 2025) permanently restored 100% bonus for property placed in service in 2025 and later.
  9. Federal tax savings illustration. Computed at the 37% top marginal bracket. Actual savings vary by taxpayer; consult your CPA.

For full methodology details including QC validation, reconciliation logic, and audit-defense documentation, see costsegsmart.com/methodology.

Citation

This dataset is licensed under the Creative Commons Attribution 4.0 International License. You may republish, remix, or extend this data for any purpose with attribution. Suggested citation format:

Cost Seg Smart Research Team. (2026). "Park City, UT Cost Segregation Benchmarks 2026." Cost Seg Smart. 5 representative fixtures.
Retrieved from https://parkcitycostseg.com/data/parkcity-cost-seg-stats/

For interview requests, additional data slices, or related questions: [email protected].

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