842 W Snow King Avenue
842 Snow King Avenue, Unit 2
Home for sale in the 810 West neighborhood:
- 2-bedroom, 2-bathroom, 1 car garage
- 1,092 square feet
- Range, refrigerator, dishwasher, washer, dryer
- Home price - $246,500
- Household income must be between 50% to 80% of the median family income (details below)
- Household size: two (2) or more people.
- 1 household pet
Housing Department Rules & Regulations, Section 4: Weighted Drawing.
Deadline to Apply: Tuesday, November 11th by 4:00 p.m. No late or incomplete entries will be allowed, no exceptions. If selected first for this unit, you will be notified by phone. All others will be sent an email notice.
Draft Special Restriction - a new, updated template will be recorded at closing
The Housing Department has transitioned to a new online account and application platform. If you have created and completed your application before October 29th, and you meet the income and asset qualifications for the specific unit currently available, you will receive an email from us inviting you to enter the drawing for this unit. If you have not received an invitation email, you may not enter this drawing.
Step 1: If you have received an invitation email, click the link in the email to enter the drawing.
Step 2: Upload the following documents to your Interest Application before the deadline (November 11, 2025)
- Affidavits of Current Employment for all jobs of all adults in the household.
- Affidavits of Previous Employment for one adult in the household to verify up to 10 years of consecutive full-time employment for a Local Business.
- Lender Qualification Worksheet (must be completed by a Local Lender, the Lender's Qualification is valid for one year, the loan amount on your Lender's Qualification worksheet must be at least the purchase price minus your down payment for the home for which you are applying)
- Up-to-date Credit Report (provided by a local lender, AnnualCreditReport.com, or CreditKarma.com)
You may receive one additional entry into the drawing for every year of verified full-time employment (minimum of 1,560 hours) in Teton County, with a maximum of 10 years/entries.
Critical Service Provider Verification: if you are a Qualified Critical Service Provider.
For Self-Employment - please provide the following:
- Self-employment application here
Income Limits
To be eligible to be invited to enter this drawing, your household's gross income (before taxes) must fit into the range listed below, and your household's net assets must not exceed the asset limit listed below.
- Two Person Household $56,600 to $90,560
- Three Person Household $63,675 to $101,880
- Four Person Household $70,750 to $113,200
- Five Person Household $76,410 to $122,256
- Six Person Household $82,070 to $131,312
- Net Asset Limit $226,400
Example cost breakdown for a purchase price of $246,500
3.5% down payment (required) $8,628
Loan Amount $237,872
Principal & Interest Payment (estimated 6.5%) $1,504
Property Tax (estimate) $117
Insurance (estimated) $50
HOA dues (estimate) $337
Total Estimated Monthly Payment $2,008
Calculation of Income
Household income is calculated based on the current income earned by all intended adult occupants of the Restricted Housing Unit at the time of weighted drawing entry, using the current household income to estimate an annual (12-month) income basis.
Self-Employment Income Calculation Policy
Business must be a Qualified Local Business for income to be counted as Local Income.
Gross business income is used minus the cost of goods sold (not the cost of goods in inventory – that is an exempt asset) and minus cash expenses only. Equipment, vehicles, furniture, fixtures, etc., are already exempt from being counted as assets, so they are not allowed to also be deducted from income. Travel expenses will only be reduced in cases where travel is directly related to the business, as determined by the Housing Department. Meals/Entertainment expenses will not be counted as a deduction. Depreciation is not an allowed deduction.
Once selected in a Weighted Drawing:
The complete application paperwork is not required at the time of drawing entry; however, it will be required when you are selected for a home. Please keep in mind you will only have 5 business days from the date of notification to provide it. For anyone who may need more time and would like to complete the required paperwork for “when selected,” all forms needed can be found under "Ownership - Weighted Drawing Entry Forms". For your convenience, please see below.
Completed Home Buyer Education Class Certificate. The Home Buyer Education Certificate is good indefinitely. Homebuyer Education Link
For questions, please contact the Housing Department via housing@tetoncountywy.gov or 307-732-0867.