Question 1

What is the asking price for 500 CANAL, Provo?

Accepted Answer

500 CANAL, Provo is listed at $565,000.  This listing is currently active and available for showings.

Question 2

What type of property is 500 CANAL, Provo?

Accepted Answer

500 CANAL, Provo is a Land (Agriculture).

Question 3

Is there an HOA for 500 CANAL, Provo?

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 500 CANAL, Provo?

Accepted Answer

Annual property taxes for this property are approximately $827 (about $69/month). This represents an effective tax rate of approximately 0.15% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 500 CANAL, Provo been on the market?

Accepted Answer

This property has been listed for 3 days. The average days on market in Provo is 45 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 6

What schools serve 500 CANAL, Provo?

Accepted Answer

Assigned schools: Elementary: Timpanogos; Middle: Dixon; High: Provo. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Westridge School with a 57% state performance score (2.5 miles away). School district: Provo.

Question 7

What high school is near 500 CANAL, Provo?

Accepted Answer

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

Question 8

What elementary school is near 500 CANAL, Provo?

Accepted Answer

The nearest elementary school is Timpanogos (2.5 miles away). State performance score: 57%. District: Provo District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 500 CANAL, Provo?

Accepted Answer

The nearest middle school is Dixon.

Question 10

How does this listing compare to the Provo market?

Accepted Answer

500 CANAL, Provo is listed at $565,000, which is above the Provo median of $480,000 by $85,000. There are currently 255 active listings in Provo. Homes in Provo sell in an average of 45 days. The average sale-to-list ratio is 98.7%.

Question 11

What is the Provo real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Provo is $480,000. There are currently 255 active listings. Homes sell in an average of 45 days. The average sale-to-list ratio is 98.7%. This listing at $565,000 is above the Provo 2026 median.

Question 12

Are there other homes for sale in Provo?

Accepted Answer

Yes — there are currently 255 active listings in Provo. Browse all Provo homes for sale at propaired.ai/listings/ut/provo. Prices range around a median of $480,000. Homes in Provo are selling in about 45 days on average.

Question 13

What is the Provo neighborhood like?

Accepted Answer

College town energy with BYU influence. Strong family values, excellent schools, growing tech job market, affordable housing. Great access to outdoor recreation with Provo Canyon nearby. Provo is known for: college-town, family-friendly, tech-hub, affordable. Population: approximately 135,000. Explore the full Provo market data and community guide on Propaired.

Question 14

How does this price compare to the Utah state average?

Accepted Answer

At $565,000, this property is above the Utah state median of $525,000 by $40,000. Provo prices are 9% 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 15

What is the commute like from 500 CANAL, Provo?

Accepted Answer

500 CANAL, Provo is located in Provo, in the Wasatch Front region of Utah. With a population of approximately 135,000, Provo has good transportation access. 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 16

What is the Provo community like?

Accepted Answer

Provo is known for: college-town, family-friendly, tech-hub, affordable, outdoor-access. The city has approximately 135,000 residents. The median home price in Provo is $480,000. Explore the full Provo community profile on Propaired for detailed neighborhood insights.

Question 17

Is Provo a safe and family-friendly area?

Accepted Answer

Provo is characterized as: family-friendly. With a population of about 135,000, Provo offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 18

What would homeowner's insurance cost for 500 CANAL, Provo?

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 $565,000, expect approximately $1,695-$2,825/year ($141-$235/month).   Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 500 CANAL, Provo?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $565,000, expect approximately $11,300-$28,250 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 20

How does the property tax compare to the list price at 500 CANAL, Provo?

Accepted Answer

The annual property tax of $827 represents an effective rate of 0.15% relative to the list price of $565,000. 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 21

Is 500 CANAL, Provo eligible for FHA or VA financing?

Accepted Answer

At $565,000, 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 22

Could 500 CANAL, Provo be a 1031 exchange property?

Accepted Answer

Yes, 500 CANAL, Provo 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 23

What is the price trend in Provo?

Accepted Answer

Provo's median price has increased 24.4% month-over-month. Current median: $480,000. Days on market have increased by 22.6% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 24

What school district is 500 CANAL, Provo in?

Accepted Answer

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

Question 25

Is 500 CANAL, Provo move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

Does 500 CANAL, Provo 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 27

What is the lot like at 500 CANAL, Provo?

Accepted Answer

The lot is 0.97 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

500 CANAL, Provo, UT 84601

500 W CANAL RD, Provo, UT 84601

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