Question 1

What is the asking price for 1212 HOMESTEAD, Midway?

Accepted Answer

1212 HOMESTEAD, Midway is listed at $3,699,900 ($562/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1212 HOMESTEAD, Midway have?

Accepted Answer

This Residential features 5 bedrooms, 5 bathrooms, 6,580 square feet of living space. It is a 3-story home. The lot is 0.57 acres.

Question 3

When was 1212 HOMESTEAD, Midway built?

Accepted Answer

This property was built in 2021, making it 5 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 1212 HOMESTEAD, Midway?

Accepted Answer

1212 HOMESTEAD, Midway is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the MIDWAY HIGHLANDS SUBDIVISION subdivision. Zoning: Single-Family.

Question 5

Does 1212 HOMESTEAD, Midway have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 6 open parking spaces. Total parking capacity: 9 vehicles.

Question 6

Is there an HOA for 1212 HOMESTEAD, 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 1212 HOMESTEAD, Midway?

Accepted Answer

Annual property taxes for this property are approximately $9,804 (about $817/month). This represents an effective tax rate of approximately 0.26% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1212 HOMESTEAD, Midway?

Accepted Answer

Interior features include: Bar: Wet, Basement Apartment, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In. Exterior features include: Balcony, Basement Entrance, Deck; Covered, Double Pane Windows, Entry (Foyer). The home has 3 fireplaces. Private pool included.  View: Mountain(s),Valley.

Question 9

Is 1212 HOMESTEAD, Midway a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 30/100. The price is 91% 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 $1,937,500 (based on 10 homes). At $3,699,900, this listing is 91% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 1212 HOMESTEAD, Midway?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $18,437. Including estimated taxes, the total monthly cost is approximately $19,254. A 15-year mortgage at 5.71% would be $24,516/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 1212 HOMESTEAD, Midway been on the market?

Accepted Answer

This property has been listed for 11 days. The average days on market in Midway is 85 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 1212 HOMESTEAD, Midway a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $158,059 with a gross rental yield of 4.3%. Net rental yield (after estimated expenses): 2.8%.  Estimated debt service coverage ratio (DSCR): 0.63. Investor score: 32/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 1212 HOMESTEAD, Midway?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $13,172 ($158,064/year). The gross rent multiplier is 23.4x (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 1212 HOMESTEAD, Midway offer?

Accepted Answer

Propaired's AI has identified 6 lifestyle features for this property: Pool, Hunting/Outdoor, Golf Community, Luxury Estate, Sport Court, Hot Tub/Spa. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 16

Does 1212 HOMESTEAD, Midway have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 17

Is 1212 HOMESTEAD, Midway good for fishing or outdoor recreation?

Accepted Answer

Yes, this property is well-positioned for outdoor recreation.  The area offers hunting and outdoor sporting access.  Utah offers year-round fishing in rivers, reservoirs, and lakes — a fishing license is required.

Question 18

What makes 1212 HOMESTEAD, Midway a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 6,580 sqft on 0.57 acres, it offers premium living.    Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 19

What schools serve 1212 HOMESTEAD, 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 (1.9 miles away). School district: Wasatch.

Question 20

What high school is near 1212 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 21

What elementary school is near 1212 HOMESTEAD, Midway?

Accepted Answer

The nearest elementary school is Midway (1.9 miles away). State performance score: 63%. District: Wasatch District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 22

What middle school is near 1212 HOMESTEAD, Midway?

Accepted Answer

The nearest middle school is Rocky Mountain.

Question 23

What is the internet speed at 1212 HOMESTEAD, Midway?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: CenturyLink (100 Mbps, DSL); HughesNet (100 Mbps, Satellite); Quantum Fiber (940 Mbps, Fiber). Total providers: 10.

Question 24

Is 1212 HOMESTEAD, 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 25

How does this listing compare to the Midway market?

Accepted Answer

1212 HOMESTEAD, Midway is listed at $3,699,900, which is above the Midway median of $1,105,000 by $2,594,900. 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 26

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 $3,699,900 is above the Midway 2026 median.

Question 27

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 28

How does this price compare to the Utah state average?

Accepted Answer

At $3,699,900, this property is above the Utah state median of $517,990 by $3,181,910. 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 29

What is the Propaired intelligence score for 1212 HOMESTEAD, Midway?

Accepted Answer

This property has a Propaired intelligence score of 31/100, combining deal value (30), recreation access (N/A), amenity proximity (N/A), broadband quality (100), and lifestyle features (6 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What heating and cooling systems does 1212 HOMESTEAD, Midway have?

Accepted Answer

Heating: Forced Air,Gas: Central,Radiant Floor. 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 31

What type of roof does 1212 HOMESTEAD, Midway have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 5-year-old home, reviewing recent roof inspections is recommended.

Question 32

Does 1212 HOMESTEAD, Midway have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Full,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 33

What is 1212 HOMESTEAD, Midway constructed from?

Accepted Answer

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

Question 34

What type of flooring does 1212 HOMESTEAD, Midway have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Laminate,Tile,Concrete. 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 35

What are the water and sewer connections for 1212 HOMESTEAD, Midway?

Accepted Answer

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

Question 36

What would homeowner's insurance cost for 1212 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 $3,699,900, expect approximately $11,100-$18,500/year ($925-$1,542/month).   Get multiple quotes — rates vary significantly by insurer.

Question 37

What are the estimated closing costs for 1212 HOMESTEAD, Midway?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $3,699,900, expect approximately $73,998-$184,995 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 38

How does the property tax compare to the list price at 1212 HOMESTEAD, Midway?

Accepted Answer

The annual property tax of $9,804 represents an effective rate of 0.26% relative to the list price of $3,699,900. 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 39

What are the total estimated monthly costs for 1212 HOMESTEAD, Midway?

Accepted Answer

Estimated total monthly housing cost: $20,487. This includes principal & interest ($18,437 at 6.36% with 20% down), property tax ($817/mo), and estimated insurance (~$1,233/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 40

Is 1212 HOMESTEAD, Midway eligible for FHA or VA financing?

Accepted Answer

At $3,699,900, 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 41

What is the estimated cap rate for 1212 HOMESTEAD, Midway?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.8%, based on estimated annual rent of $158,059 and a purchase price of $3,699,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 42

Is Midway a good rental market?

Accepted Answer

Estimated monthly rent in Midway is approximately $11,383. Homes in Midway sell in an average of 85 days, indicating moderate demand in this market. There are 91 active listings currently. Gross rental yield in this area: 4.3%. Utah's steady population growth continues to drive rental demand.

Question 43

Could 1212 HOMESTEAD, Midway be a 1031 exchange property?

Accepted Answer

Yes, 1212 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 44

How does 1212 HOMESTEAD, Midway compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $1,937,500. This listing is 91% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $1,295,000. Comparable analysis is based on similar size, age, and location.

Question 45

Is the Midway neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.4% over the past year. The current Zillow Home Value Index for this area is $1,501,504. This listing is priced at 246% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 46

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 47

Is 1212 HOMESTEAD, Midway overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 91% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 30/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 48

What school district is 1212 HOMESTEAD, 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 49

Is 1212 HOMESTEAD, Midway move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 50

Does 1212 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 51

What is the lot like at 1212 HOMESTEAD, Midway?

Accepted Answer

The lot is 0.57 acres. Lot features: Fenced: Part,Road: Paved,Sprinkler: Auto-Full,View: Mountain,View: Valley,Drip Irrigation: Auto-Full. Terrain: Fenced: Part, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, View: Valley, Drip Irrigation: Auto-Full. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 52

What utilities are available at 1212 HOMESTEAD, Midway?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary,Secondary. 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 53

Does 1212 HOMESTEAD, Midway have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Radiant Floor. 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.

1212 HOMESTEAD, Midway, UT 84049

1212 N HOMESTEAD DR, Midway, UT 84049

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