Question 1

What is the asking price for 1500 HWY 257, Milford?

Accepted Answer

1500 HWY 257, Milford is listed at $1,601,250.  This listing is currently active and available for showings.

Question 2

What type of property is 1500 HWY 257, Milford?

Accepted Answer

1500 HWY 257, Milford is a Land (Recreational).   Zoning: Agricultural.

Question 3

Is there an HOA for 1500 HWY 257, Milford?

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 4

What are the property taxes for 1500 HWY 257, Milford?

Accepted Answer

Annual property taxes for this property are approximately $94 (about $8/month). This represents an effective tax rate of approximately 0.01% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 1500 HWY 257, Milford been on the market?

Accepted Answer

This property has been listed for 204 days. The average days on market in Milford is 56 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve 1500 HWY 257, Milford?

Accepted Answer

Assigned schools: Elementary: Milford; Middle: None/Other; High: Milford. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Milford High with a 60% state performance score (1.2 miles away). School district: Beaver.

Question 7

What high school is near 1500 HWY 257, Milford?

Accepted Answer

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

Question 8

What elementary school is near 1500 HWY 257, Milford?

Accepted Answer

The nearest elementary school is Milford. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 1500 HWY 257, Milford?

Accepted Answer

The nearest middle school is None/Other.

Question 10

How does this listing compare to the Milford market?

Accepted Answer

1500 HWY 257, Milford is listed at $1,601,250, which is above the Milford median of $357,700 by $1,243,550. There are currently 15 active listings in Milford. Homes in Milford sell in an average of 56 days. The average sale-to-list ratio is 97.8%.

Question 11

What is the Milford real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Milford is $357,700. There are currently 15 active listings. Homes sell in an average of 56 days. The average sale-to-list ratio is 97.8%. This listing at $1,601,250 is above the Milford 2026 median.

Question 12

Are there other homes for sale in Milford?

Accepted Answer

Yes — there are currently 15 active listings in Milford. Browse all Milford homes for sale at propaired.ai/listings/ut/milford. Prices range around a median of $357,700. Homes in Milford are selling in about 56 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $1,601,250, this property is above the Utah state median of $518,888 by $1,082,362. Milford prices are 31% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 14

What are the water and sewer connections for 1500 HWY 257, Milford?

Accepted Answer

Sewer: None.   Water is a critical consideration in Utah's arid climate.

Question 15

What would homeowner's insurance cost for 1500 HWY 257, Milford?

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 $1,601,250, expect approximately $4,804-$8,006/year ($400-$667/month).   Get multiple quotes — rates vary significantly by insurer.

Question 16

What are the estimated closing costs for 1500 HWY 257, Milford?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,601,250, expect approximately $32,025-$80,063 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 17

How does the property tax compare to the list price at 1500 HWY 257, Milford?

Accepted Answer

The annual property tax of $94 represents an effective rate of 0.01% relative to the list price of $1,601,250. 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 18

Is 1500 HWY 257, Milford eligible for FHA or VA financing?

Accepted Answer

At $1,601,250, 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 19

Could 1500 HWY 257, Milford be a 1031 exchange property?

Accepted Answer

Yes, 1500 HWY 257, Milford 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 20

What is the price trend in Milford?

Accepted Answer

Milford's median price has decreased 47.7% month-over-month. Current median: $357,700. Days on market have increased by 5400.0% month-over-month. Homes are selling at 97.8% of list price on average. Monitor these trends to time your offer strategically.

Question 21

What school district is 1500 HWY 257, Milford in?

Accepted Answer

This property is in the Beaver school district. Assigned elementary: Milford. Assigned middle: None/Other. Assigned high: Milford. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 22

Is 1500 HWY 257, Milford move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 23

Does 1500 HWY 257, Milford 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 24

What is the lot like at 1500 HWY 257, Milford?

Accepted Answer

The lot is 106.75 acres. Lot features: Fenced: Part,View: Mountain,Terrain: Flat. Terrain: Terrain: Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 25

What utilities are available at 1500 HWY 257, Milford?

Accepted Answer

Available utilities include: Natural Gas Not Available,Electricity Available,Sewer Not Available.  Sewer: None. 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.

1500 HWY 257, Milford, UT 84751

1500 N HWY 257, Milford, UT 84751

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