Question 1

What is the asking price for 700 HOMESTEAD, Midway?

Accepted Answer

700 HOMESTEAD, Midway is listed at $1,000,000 ($981/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 700 HOMESTEAD, Midway have?

Accepted Answer

This Residential features 1 bedroom, 2 bathrooms, 1,019 square feet of living space. It is a 1-story home.

Question 3

When was 700 HOMESTEAD, Midway built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 700 HOMESTEAD, Midway?

Accepted Answer

700 HOMESTEAD, Midway is a Residential (Condominium). The architectural style is Condo; Main Level. It is located in the HOMESTEAD HOTEL CONDOMINIUMS subdivision. Zoning: Single-Family.

Question 5

Is there an HOA for 700 HOMESTEAD, Midway?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $883 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 6

What are the property taxes for 700 HOMESTEAD, Midway?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

What are the key features of 700 HOMESTEAD, Midway?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Sep. Tub/Shower, Disposal, Range/Oven: Free Stdng., Vaulted Ceilings. Exterior features include: Balcony. The home has 1 fireplace.   View: Mountain(s),Valley.

Question 8

How long has 700 HOMESTEAD, Midway been on the market?

Accepted Answer

This property has been listed for 120 days. The average days on market in Midway is 85 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 9

Is 700 HOMESTEAD, Midway new construction?

Accepted Answer

Yes, this is a new construction property built in 2026. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 10

What schools serve 700 HOMESTEAD, Midway?

Accepted Answer

Assigned schools: Elementary: Midway; Middle: Wasatch; 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 (1.4 miles away). School district: Wasatch.

Question 11

What high school is near 700 HOMESTEAD, 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 12

What elementary school is near 700 HOMESTEAD, Midway?

Accepted Answer

The nearest elementary school is Midway (1.4 miles away). State performance score: 63%. District: Wasatch District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 700 HOMESTEAD, Midway?

Accepted Answer

The nearest middle school is Wasatch.

Question 14

How does this listing compare to the Midway market?

Accepted Answer

700 HOMESTEAD, Midway is listed at $1,000,000, which is below the Midway median of $1,105,000 by $105,000. There are currently 91 active listings in Midway. Homes in Midway sell in an average of 85 days. The average sale-to-list ratio is 96.5%.

Question 15

What is the Midway real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Midway is $1,105,000. There are currently 91 active listings. Homes sell in an average of 85 days. The average sale-to-list ratio is 96.5%. This listing at $1,000,000 is below the Midway 2026 median.

Question 16

Are there other homes for sale in Midway?

Accepted Answer

Yes — there are currently 91 active listings in Midway. Browse all Midway homes for sale at propaired.ai/listings/ut/midway. Prices range around a median of $1,105,000. Homes in Midway are selling in about 85 days on average.

Question 17

How does this price compare to the Utah state average?

Accepted Answer

At $1,000,000, this property is above the Utah state median of $517,990 by $482,010. Midway prices are 113% 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 18

What heating and cooling systems does 700 HOMESTEAD, Midway have?

Accepted Answer

Heating: Forced Air. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 19

What type of roof does 700 HOMESTEAD, Midway have?

Accepted Answer

The roof material is Metal,Membrane. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 0-year-old home, reviewing recent roof inspections is recommended.

Question 20

Does 700 HOMESTEAD, Midway have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 21

What is 700 HOMESTEAD, Midway constructed from?

Accepted Answer

Construction materials include: Stone,Metal Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 22

What type of flooring does 700 HOMESTEAD, Midway have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 23

What are the water and sewer connections for 700 HOMESTEAD, Midway?

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 24

What would homeowner's insurance cost for 700 HOMESTEAD, 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 $1,000,000, expect approximately $3,000-$5,000/year ($250-$417/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 700 HOMESTEAD, Midway?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,000,000, expect approximately $20,000-$50,000 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 26

How does the property tax compare to the list price at 700 HOMESTEAD, Midway?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $1,000,000. 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 27

Is 700 HOMESTEAD, Midway eligible for FHA or VA financing?

Accepted Answer

At $1,000,000, 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 28

Could 700 HOMESTEAD, Midway be a 1031 exchange property?

Accepted Answer

Yes, 700 HOMESTEAD, 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 29

What is the price trend in Midway?

Accepted Answer

Midway's median price has decreased 22.9% month-over-month. Current median: $1,105,000. Days on market have increased by 123.9% month-over-month. Homes are selling at 96.5% of list price on average. Monitor these trends to time your offer strategically.

Question 30

What school district is 700 HOMESTEAD, Midway in?

Accepted Answer

This property is in the Wasatch school district. Assigned elementary: Midway. Assigned middle: Wasatch. 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 31

Is 700 HOMESTEAD, Midway move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 32

Does 700 HOMESTEAD, 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 33

What is the lot like at 700 HOMESTEAD, Midway?

Accepted Answer

Lot size details are available from the listing agent. Lot features: Sidewalks,View: Mountain,View: Valley. Terrain: Sidewalks, Terrain, Flat, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 34

What utilities are available at 700 HOMESTEAD, Midway?

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.

700 HOMESTEAD, Midway, UT 84049

700 N HOMESTEAD DR #23-105, Midway, UT 84049

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