Question 1

What is the asking price for 550 PINE CANYON, Midway?

Accepted Answer

550 PINE CANYON, Midway is listed at $1,099,000 ($349/sqft). The original list price was $1,199,000, representing a reduction of $100,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 550 PINE CANYON, Midway have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 3,150 square feet of living space. It is a 2-story home. The lot is 0.49 acres.

Question 3

When was 550 PINE CANYON, Midway built?

Accepted Answer

This property was built in 1977, making it 49 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 550 PINE CANYON, Midway?

Accepted Answer

550 PINE CANYON, Midway is a Residential (Single Family Residence). The architectural style is Stories: 2.  Zoning: Single-Family.

Question 5

Does 550 PINE CANYON, Midway have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 550 PINE CANYON, Midway?

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 550 PINE CANYON, Midway?

Accepted Answer

Annual property taxes for this property are approximately $4,302 (about $359/month). This represents an effective tax rate of approximately 0.39% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 550 PINE CANYON, Midway?

Accepted Answer

Interior features include: Central Vacuum, Closet: Walk-In, Disposal, Floor Drains, Gas Log. Exterior features include: Basement Entrance, Sliding Glass Doors, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 550 PINE CANYON, Midway a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Market)" with a deal score of 100/100. Key deal signals: Priced 38% below market value; 8% price reduction from original list; 277.0 days on market — potential negotiation opportunity. The price is 10% above 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 Midway?

Accepted Answer

The median price for similar properties in the area is $997,500 (based on 10 homes). At $1,099,000, this listing is 10% above the median for comparable homes. It ranks #Above Similar among similar listings by value.

Question 11

Has the price been reduced on 550 PINE CANYON, Midway?

Accepted Answer

Yes, the price has been reduced by 8.3% from the original list price of $1,199,000 to the current price of $1,099,000 — a reduction of $100,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 550 PINE CANYON, Midway?

Accepted Answer

At the current 30-year mortgage rate of 6.52% with 20% down, the estimated monthly principal and interest payment is $5,569. Including estimated taxes, the total monthly cost is approximately $5,928. A 15-year mortgage at 5.84% would be $7,343/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 550 PINE CANYON, Midway been on the market?

Accepted Answer

This property has been listed for 277 days. The average days on market in Midway is 115 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 550 PINE CANYON, Midway a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $65,016 with a gross rental yield of 5.9%. Net rental yield (after estimated expenses): 3.9%.  Estimated debt service coverage ratio (DSCR): 0.86. Investor score: 50/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 550 PINE CANYON, Midway?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $5,418 ($65,016/year). The gross rent multiplier is 16.9x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 550 PINE CANYON, Midway offer?

Accepted Answer

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

Question 17

Is 550 PINE CANYON, Midway near skiing?

Accepted Answer

This property is within reach of skiing. Deer Valley Resort is 6.4 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 18

What recreation is near 550 PINE CANYON, Midway?

Accepted Answer

This property has a recreation score of 79/100. Nearby recreation includes: Wasatch Mountain State Park trailhead (0.7 mi); Wasatch Mountain State Park park (0.7 mi); Homestead Golf Club (0.1 mi); Wasatch Mountain State Park (3.1 mi). Skiing: Deer Valley Resort (6.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 550 PINE CANYON, Midway?

Accepted Answer

Yes, the nearest trailhead is Wasatch Mountain State Park, just 0.7 miles from the property. Wasatch Mountain State Park is 3.1 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 550 PINE CANYON, Midway?

Accepted Answer

This property has an amenity proximity score of 79/100. Nearby services include: Grocery: The Dainty Pear Co. (1.3 mi); Hospital: Andrew P. Talbott, MD - Southwest Spine & Pain Center (3.8 mi); Pharmacy: Ridley's Pharmacy #1171 (1.4 mi); Dining: The Blue Boar Inn & Restaurant (0.4 mi). Gas station: 1.4 miles. Gym: Midway Studio Collective (1.3 mi).

Question 21

How far is the nearest hospital from 550 PINE CANYON, Midway?

Accepted Answer

The nearest hospital is Andrew P. Talbott, MD - Southwest Spine & Pain Center, approximately 3.8 miles from the property. The nearest fire station is 1.4 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 550 PINE CANYON, Midway?

Accepted Answer

Assigned schools: Elementary: Midway; Middle: Rocky Mountain; High: Wasatch. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Midway School with a 63% state performance score (1.1 miles away). School district: Wasatch.

Question 23

What high school is near 550 PINE CANYON, Midway?

Accepted Answer

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

Question 24

What elementary school is near 550 PINE CANYON, Midway?

Accepted Answer

The nearest elementary school is Midway (1.1 miles away). State performance score: 63%. District: Wasatch District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 25

What middle school is near 550 PINE CANYON, Midway?

Accepted Answer

The nearest middle school is Rocky Mountain.

Question 26

What is the internet speed at 550 PINE CANYON, Midway?

Accepted Answer

This property has a broadband score of 95/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber is not currently available at this address. Available providers: CenturyLink (0 Mbps, DSL); HughesNet (100 Mbps, Satellite); Rise Broadband (100 Mbps, Fixed Wireless). Total providers: 9.

Question 27

Is 550 PINE CANYON, Midway 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 28

How does this listing compare to the Midway market?

Accepted Answer

550 PINE CANYON, Midway is listed at $1,099,000, which is above the Midway median of $1,050,000 by $49,000. There are currently 98 active listings in Midway. Homes in Midway sell in an average of 115 days. The average sale-to-list ratio is 96.8%.

Question 29

What is the Midway real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Midway is $1,050,000. There are currently 98 active listings. Homes sell in an average of 115 days. The average sale-to-list ratio is 96.8%. This listing at $1,099,000 is above the Midway 2026 median.

Question 30

Are there other homes for sale in Midway?

Accepted Answer

Yes — there are currently 98 active listings in Midway. Browse all Midway homes for sale at propaired.ai/listings/ut/midway. Prices range around a median of $1,050,000. Homes in Midway are selling in about 115 days on average.

Question 31

How does this price compare to the Utah state average?

Accepted Answer

At $1,099,000, this property is above the Utah state median of $522,000 by $577,000. Midway prices are 101% 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 32

What is the Propaired intelligence score for 550 PINE CANYON, Midway?

Accepted Answer

This property has a Propaired intelligence score of 69/100, combining deal value (100), recreation access (79), amenity proximity (79), broadband quality (95), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 33

What heating and cooling systems does 550 PINE CANYON, Midway have?

Accepted Answer

Heating: Gas: Central,Gas: Stove. 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 34

What type of roof does 550 PINE CANYON, Midway have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 49-year-old home, reviewing recent roof inspections is recommended.

Question 35

Does 550 PINE CANYON, Midway have a basement?

Accepted Answer

Yes, the basement is described as: Entrance. 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 36

What is 550 PINE CANYON, Midway constructed from?

Accepted Answer

Construction materials include: Asphalt,Brick,Clapboard/Masonite. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 37

What type of flooring does 550 PINE CANYON, Midway have?

Accepted Answer

Flooring types include: Carpet,Hardwood. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.  Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 38

What are the water and sewer connections for 550 PINE CANYON, Midway?

Accepted Answer

Water source: Irrigation: Pressure. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 39

What shopping and dining is near 550 PINE CANYON, Midway?

Accepted Answer

The nearest restaurant is The Blue Boar Inn & Restaurant (0.4 miles away) and the nearest grocery store is The Dainty Pear Co. (1.3 miles). Coffee: Bäckerei & Eis Zermatt Bakery (0.6 mi). Banking: Grand Valley Bank (1.4 mi). Overall amenity proximity score: 79/100.

Question 40

What would homeowner's insurance cost for 550 PINE CANYON, Midway?

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 $1,099,000, expect approximately $3,297-$5,495/year ($275-$458/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 41

What are the estimated closing costs for 550 PINE CANYON, Midway?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,099,000, expect approximately $21,980-$54,950 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 42

How does the property tax compare to the list price at 550 PINE CANYON, Midway?

Accepted Answer

The annual property tax of $4,302 represents an effective rate of 0.39% relative to the list price of $1,099,000. 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 43

What are the total estimated monthly costs for 550 PINE CANYON, Midway?

Accepted Answer

Estimated total monthly housing cost: $6,294. This includes principal & interest ($5,569 at 6.52% with 20% down), property tax ($359/mo), and estimated insurance (~$366/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 44

Is 550 PINE CANYON, Midway eligible for FHA or VA financing?

Accepted Answer

At $1,099,000, 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 45

What is the estimated cap rate for 550 PINE CANYON, Midway?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.9%, based on estimated annual rent of $65,016 and a purchase price of $1,099,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 46

Is Midway a good rental market?

Accepted Answer

Estimated monthly rent in Midway is approximately $5,418. Homes in Midway sell in an average of 115 days, indicating moderate demand in this market. There are 98 active listings currently. Gross rental yield in this area: 5.9%. Utah's steady population growth continues to drive rental demand.

Question 47

Could 550 PINE CANYON, Midway be a 1031 exchange property?

Accepted Answer

Yes, 550 PINE CANYON, Midway 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 48

How does 550 PINE CANYON, Midway compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $997,500. This listing is 10% above the comparable median. It ranks Above Similar among similar listings by value. The median for this property type specifically is $1,244,500. Comparable analysis is based on similar size, age, and location.

Question 49

Is the Midway neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.1% over the past year. The current Zillow Home Value Index for this area is $638,510. This listing is priced at 172% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 50

What is the price trend in Midway?

Accepted Answer

Midway's median price has decreased 67.9% month-over-month. Current median: $1,050,000. Days on market have increased by 119.9% month-over-month. Homes are selling at 96.8% of list price on average. Monitor these trends to time your offer strategically.

Question 51

Is 550 PINE CANYON, Midway overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Market)." At 10% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 52

What school district is 550 PINE CANYON, Midway in?

Accepted Answer

This property is in the Wasatch school district. Assigned elementary: Midway. Assigned middle: Rocky Mountain. Assigned high: Wasatch. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 53

What parks are near 550 PINE CANYON, Midway?

Accepted Answer

The nearest local park is Wasatch Mountain State Park (0.7 miles away). The nearest state park is Wasatch Mountain State Park (3.1 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 54

Is there a golf course near 550 PINE CANYON, Midway?

Accepted Answer

The nearest golf course is Homestead Golf Club, 0.1 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 55

What water activities are near 550 PINE CANYON, Midway?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (6.3 mi); boat ramp at Deer Creek Island (5.5 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 56

Is 550 PINE CANYON, Midway move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 57

What updates might 550 PINE CANYON, Midway need?

Accepted Answer

At 49 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Gas: Central,Gas: Stove. 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 58

Does 550 PINE CANYON, Midway 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 59

What is the lot like at 550 PINE CANYON, Midway?

Accepted Answer

The lot is 0.49 acres. Lot features: Fenced: Part,Road: Paved,Sprinkler: Auto-Full,View: Mountain. Terrain: Fenced: Part, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 60

What utilities are available at 550 PINE CANYON, Midway?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Irrigation: Pressure. Sewer: Sewer: Connected. 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 61

Does 550 PINE CANYON, Midway have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central,Gas: Stove. 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.

Question 62

Is there EV charging near 550 PINE CANYON, Midway?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 1.3 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

550 PINE CANYON, Midway, UT 84049

550 PINE CANYON RD, Midway, UT 84049

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation NearbyScore: 79/100

Amenities NearbyScore: 79/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Media

Midway Market Context

Connect with a Buyer’s Agent

Similar Homes

$899,900

$979,000

$979,000

$1,199,999

$848,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 79/100

Amenities Nearby
Score: 79/100