Question 1

What is the asking price for 386 INAUGURATION, Draper?

Accepted Answer

386 INAUGURATION, Draper is listed at $549,900 ($250/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 386 INAUGURATION, Draper have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 2,198 square feet of living space. It is a 2-story home. The lot is 0.11 acres.

Question 3

When was 386 INAUGURATION, Draper built?

Accepted Answer

This property was built in 1997, making it 29 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 386 INAUGURATION, Draper?

Accepted Answer

386 INAUGURATION, Draper is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 386 INAUGURATION, Draper have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 1 open parking space. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 386 INAUGURATION, Draper?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 386 INAUGURATION, Draper?

Accepted Answer

Annual property taxes for this property are approximately $2,693 (about $224/month). This represents an effective tax rate of approximately 0.49% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 386 INAUGURATION, Draper?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Vaulted Ceilings. Exterior features include: Deck; Covered, Secured Parking.

Question 9

Is 386 INAUGURATION, Draper a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 100/100. Key deal signals: Priced 31% below similar homes; Priced 6% below market value. The price is 31% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Draper?

Accepted Answer

The median price for similar properties in the area is $799,000 (based on 9 homes). At $549,900, this listing is 31% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

What would the monthly mortgage payment be for 386 INAUGURATION, Draper?

Accepted Answer

At the current 30-year mortgage rate of 6.49% with 20% down, the estimated monthly principal and interest payment is $2,778. Including estimated taxes, the total monthly cost is approximately $3,002. A 15-year mortgage at 5.84% would be $3,674/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 386 INAUGURATION, Draper been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Draper is 44 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 386 INAUGURATION, Draper a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $33,184 with a gross rental yield of 6.0%. Net rental yield (after estimated expenses): 3.9%.  Estimated debt service coverage ratio (DSCR): 0.88. Investor score: 53/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 386 INAUGURATION, Draper?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,765 ($33,180/year). The gross rent multiplier is 16.6x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 386 INAUGURATION, Draper offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Green/Sustainable. The primary lifestyle niche is "green_sustainable." These tags are derived from MLS data, property features, and location analysis.

Question 16

What schools serve 386 INAUGURATION, Draper?

Accepted Answer

Assigned schools: Elementary: Crescent; Middle: Mount Jordan; High: Alta. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Corner Canyon High with a 67% state performance score (2.2 miles away). School district: Canyons.

Question 17

What high school is near 386 INAUGURATION, Draper?

Accepted Answer

The nearest high school is Alta. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 18

What elementary school is near 386 INAUGURATION, Draper?

Accepted Answer

The nearest elementary school is Crescent (1.8 miles away). State performance score: 55%. District: Jordan District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 19

What middle school is near 386 INAUGURATION, Draper?

Accepted Answer

The nearest middle school is Mount Jordan.

Question 20

How good are the schools near 386 INAUGURATION, Draper?

Accepted Answer

Of the 5 schools within 3 miles, 5 have state performance data with an average score of 60%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 21

Is 386 INAUGURATION, Draper in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 22

How does this listing compare to the Draper market?

Accepted Answer

386 INAUGURATION, Draper is listed at $549,900, which is below the Draper median of $799,625 by $249,725. There are currently 174 active listings in Draper. Homes in Draper sell in an average of 44 days. The average sale-to-list ratio is 98.7%.

Question 23

What is the Draper real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Draper is $799,625. There are currently 174 active listings. Homes sell in an average of 44 days. The average sale-to-list ratio is 98.7%. This listing at $549,900 is below the Draper 2026 median.

Question 24

Are there other homes for sale in Draper?

Accepted Answer

Yes — there are currently 174 active listings in Draper. Browse all Draper homes for sale at propaired.ai/listings/ut/draper. Prices range around a median of $799,625. Homes in Draper are selling in about 44 days on average.

Question 25

What is the Draper neighborhood like?

Accepted Answer

Affluent southern Salt Lake Valley suburb. New development, excellent schools, family-oriented, beautiful mountain views. Growing job centers in tech and healthcare. Draper is known for: upscale, new-development, excellent-schools, family-oriented. Population: approximately 47,000. Explore the full Draper market data and community guide on Propaired.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $549,900, this property is above the Utah state median of $525,000 by $24,900. Draper prices are 52% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 27

What is the Propaired intelligence score for 386 INAUGURATION, Draper?

Accepted Answer

This property has a Propaired intelligence score of 45/100, combining deal value (100), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

Does 386 INAUGURATION, Draper have energy-efficient or green features?

Accepted Answer

This property has been tagged as green/sustainable, indicating energy-efficient features. Heating: Forced Air,Gas: Central. Cooling: Central Air. Green homes may include solar panels, Energy Star appliances, high-efficiency HVAC, insulated windows, and sustainable building materials. Ask the listing agent for specific energy certifications or efficiency ratings.

Question 29

What heating and cooling systems does 386 INAUGURATION, Draper have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 30

What type of roof does 386 INAUGURATION, Draper have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 29-year-old home, reviewing recent roof inspections is recommended.

Question 31

Does 386 INAUGURATION, Draper have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 32

What is 386 INAUGURATION, Draper constructed from?

Accepted Answer

Construction materials include: Stucco. The construction type affects long-term maintenance requirements and insurance costs.

Question 33

What type of flooring does 386 INAUGURATION, Draper have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 34

What are the water and sewer connections for 386 INAUGURATION, Draper?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 35

What is the commute like from 386 INAUGURATION, Draper?

Accepted Answer

386 INAUGURATION, Draper is located in Draper, in the Wasatch Front region of Utah. With a population of approximately 47,000, Draper offers a residential setting. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 36

What is the Draper community like?

Accepted Answer

Draper is known for: upscale, new-development, excellent-schools, family-oriented, mountain-views. The city has approximately 47,000 residents. The median home price in Draper is $750,000. Explore the full Draper community profile on Propaired for detailed neighborhood insights.

Question 37

Is Draper a safe and family-friendly area?

Accepted Answer

Draper is characterized as: family-oriented, safe. With a population of about 47,000, Draper offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 38

What would homeowner's insurance cost for 386 INAUGURATION, Draper?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $549,900, expect approximately $1,650-$2,750/year ($138-$229/month).   Get multiple quotes — rates vary significantly by insurer.

Question 39

What are the estimated closing costs for 386 INAUGURATION, Draper?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $549,900, expect approximately $10,998-$27,495 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 40

How does the property tax compare to the list price at 386 INAUGURATION, Draper?

Accepted Answer

The annual property tax of $2,693 represents an effective rate of 0.49% relative to the list price of $549,900. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 41

What are the total estimated monthly costs for 386 INAUGURATION, Draper?

Accepted Answer

Estimated total monthly housing cost: $3,185. This includes principal & interest ($2,778 at 6.49% with 20% down), property tax ($224/mo), and estimated insurance (~$183/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 42

Is 386 INAUGURATION, Draper eligible for FHA or VA financing?

Accepted Answer

At $549,900, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 43

What is the estimated cap rate for 386 INAUGURATION, Draper?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.9%, based on estimated annual rent of $33,184 and a purchase price of $549,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 44

Is Draper a good rental market?

Accepted Answer

Estimated monthly rent in Draper is approximately $2,923. Homes in Draper sell in an average of 44 days, indicating healthy demand in this market. There are 174 active listings currently. Gross rental yield in this area: 6.0%. Utah's steady population growth continues to drive rental demand.

Question 45

Could 386 INAUGURATION, Draper be a 1031 exchange property?

Accepted Answer

Yes, 386 INAUGURATION, Draper could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 46

How does 386 INAUGURATION, Draper compare to recently sold homes nearby?

Accepted Answer

Based on 9 comparable properties, the median sold price in this area is $799,000. This listing is 31% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $1,064,847. Comparable analysis is based on similar size, age, and location.

Question 47

Is the Draper neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.6% over the past year. The current Zillow Home Value Index for this area is $346,787. This listing is priced at 159% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 48

What is the price trend in Draper?

Accepted Answer

Draper's median price has increased 5.7% month-over-month. Current median: $799,625. Days on market have decreased by 0.7% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 49

Is 386 INAUGURATION, Draper overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 31% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 50

What school district is 386 INAUGURATION, Draper in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Crescent. Assigned middle: Mount Jordan. Assigned high: Alta. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 51

How do nearby schools rank statewide?

Accepted Answer

Of the 5 nearby schools with state rankings, the highest-ranked is Sunrise School at #165 statewide (64% performance score). Other ranked nearby schools include Corner Canyon High (#166) and Willow Springs School (#251). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 52

Is 386 INAUGURATION, Draper move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 53

What updates might 386 INAUGURATION, Draper need?

Accepted Answer

At 29 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Asphalt. Current heating: Forced Air,Gas: Central. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 54

Does 386 INAUGURATION, Draper come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 55

What is the lot like at 386 INAUGURATION, Draper?

Accepted Answer

The lot is 0.11 acres. Lot features: Fenced: Full,Sprinkler: Auto-Full. Terrain: Fenced: Full, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 56

What utilities are available at 386 INAUGURATION, Draper?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 57

Does 386 INAUGURATION, Draper have solar panels?

Accepted Answer

While this property is tagged as green/sustainable, solar panel details are not explicitly listed. Utah is an excellent state for solar energy with 222+ sunny days per year. Adding solar panels in Utah may qualify for federal tax credits and local incentives. Contact the listing agent for details on any existing energy-efficient systems.

Question 58

Does 386 INAUGURATION, Draper have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

386 INAUGURATION, Draper, UT 84020

386 W INAUGURATION RD, Draper, UT 84020

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