Question 1

What is the asking price for 948 SPRING CANYON, Springville?

Accepted Answer

948 SPRING CANYON, Springville is listed at $600,000 ($298/sqft). The original list price was $625,000, representing a reduction of $25,000. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 948 SPRING CANYON, Springville have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 2,011 square feet of living space. It is a 2-story home. The lot is 0.2 acres.

Question 3

When was 948 SPRING CANYON, Springville built?

Accepted Answer

This property was built in 2020, making it 6 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 948 SPRING CANYON, Springville?

Accepted Answer

948 SPRING CANYON, Springville is a Residential (Single Family Residence). The architectural style is Stories: 2.

Question 5

Is there an HOA for 948 SPRING CANYON, Springville?

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 6

What are the property taxes for 948 SPRING CANYON, Springville?

Accepted Answer

Annual property taxes for this property are approximately $2,633 (about $219/month). This represents an effective tax rate of approximately 0.44% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

What are the key features of 948 SPRING CANYON, Springville?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office. Exterior features include: Awning(s), Double Pane Windows, Patio: Covered, Sliding Glass Doors.    View: Mountain(s).

Question 8

Is 948 SPRING CANYON, Springville a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 23/100. Key deal signals: 4% price reduction from original list. The price is 1% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

How does this price compare to similar homes in Springville?

Accepted Answer

The median price for similar properties in the area is $594,500 (based on 10 homes). At $600,000, this listing is 1% above the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 10

Has the price been reduced on 948 SPRING CANYON, Springville?

Accepted Answer

Yes, the price has been reduced by 4.0% from the original list price of $625,000 to the current price of $600,000 — a reduction of $25,000. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 948 SPRING CANYON, Springville?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $2,912. Including estimated taxes, the total monthly cost is approximately $3,131. A 15-year mortgage at 5.50% would be $3,922/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 948 SPRING CANYON, Springville been on the market?

Accepted Answer

This property has been listed for 28 days. The average days on market in Springville is 70 days, meaning this listing is moving faster than the local average.

Question 13

Is 948 SPRING CANYON, Springville a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $20,932 with a gross rental yield of 3.5%. Net rental yield (after estimated expenses): 2.3%.  Estimated debt service coverage ratio (DSCR): 0.45. Investor score: 26/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 948 SPRING CANYON, Springville?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,744 ($20,928/year). The gross rent multiplier is 28.7x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

Is 948 SPRING CANYON, Springville near skiing?

Accepted Answer

This property is within reach of skiing. Sundance Resort is 15.4 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 16

What recreation is near 948 SPRING CANYON, Springville?

Accepted Answer

This property has a recreation score of 58/100. Nearby recreation includes: Devin Glen trailhead (1.4 mi); Park park (0.5 mi); East Bay Golf Course (3.7 mi); Utah Lake State Park (10.8 mi); Capitol Reef NP — Cathedral Valley (121.9 mi). Skiing: Sundance Resort (15.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 17

Are there hiking trails near 948 SPRING CANYON, Springville?

Accepted Answer

Yes, the nearest trailhead is Devin Glen, just 1.4 miles from the property. Utah Lake State Park is 10.8 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 18

What schools serve 948 SPRING CANYON, Springville?

Accepted Answer

Assigned schools: Elementary: Meadow Brook; High: Springville.   School district: Nebo.

Question 19

How does this listing compare to the Springville market?

Accepted Answer

948 SPRING CANYON, Springville is listed at $600,000, which is above the Springville median of $500,000 by $100,000. There are currently 85 active listings in Springville. Homes in Springville sell in an average of 70 days. The average sale-to-list ratio is 99.2%.

Question 20

How does this price compare to the Utah state average?

Accepted Answer

At $600,000, this property is above the Utah state median of $510,000 by $90,000. Springville prices are 2% 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 21

What is the Propaired intelligence score for 948 SPRING CANYON, Springville?

Accepted Answer

This property has a Propaired intelligence score of 21/100, combining deal value (23), recreation access (58), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 22

What heating and cooling systems does 948 SPRING CANYON, Springville have?

Accepted Answer

Heating: Gas: Central,Gas: Stove,Hot Water,Space Heater. 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 23

What type of roof does 948 SPRING CANYON, Springville have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 6-year-old home, reviewing recent roof inspections is recommended.

Question 24

Does 948 SPRING CANYON, Springville 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 25

What is 948 SPRING CANYON, Springville constructed from?

Accepted Answer

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

Question 26

What type of flooring does 948 SPRING CANYON, Springville have?

Accepted Answer

Flooring types include: Carpet,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 27

What are the water and sewer connections for 948 SPRING CANYON, Springville?

Accepted Answer

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

Question 28

What would homeowner's insurance cost for 948 SPRING CANYON, Springville?

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 $600,000, expect approximately $1,800-$3,000/year ($150-$250/month).   Get multiple quotes — rates vary significantly by insurer.

Question 29

What are the estimated closing costs for 948 SPRING CANYON, Springville?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $600,000, expect approximately $12,000-$30,000 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 30

How does the property tax compare to the list price at 948 SPRING CANYON, Springville?

Accepted Answer

The annual property tax of $2,633 represents an effective rate of 0.44% relative to the list price of $600,000. 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 31

What are the total estimated monthly costs for 948 SPRING CANYON, Springville?

Accepted Answer

Estimated total monthly housing cost: $3,331. This includes principal & interest ($2,912 at 6.11% with 20% down), property tax ($219/mo), and estimated insurance (~$200/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 32

Is 948 SPRING CANYON, Springville eligible for FHA or VA financing?

Accepted Answer

At $600,000, 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 33

What is the estimated cap rate for 948 SPRING CANYON, Springville?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.3%, based on estimated annual rent of $20,932 and a purchase price of $600,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 34

Is Springville a good rental market?

Accepted Answer

Estimated monthly rent in Springville is approximately $1,569. Homes in Springville sell in an average of 70 days, indicating moderate demand in this market. There are 85 active listings currently. Gross rental yield in this area: 3.5%. Utah's steady population growth continues to drive rental demand.

Question 35

Could 948 SPRING CANYON, Springville be a 1031 exchange property?

Accepted Answer

Yes, 948 SPRING CANYON, Springville 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 36

How does 948 SPRING CANYON, Springville compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $594,500. This listing is 1% above the comparable median. It ranks Fair Price among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 37

Is the Springville neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.8% over the past year. The current Zillow Home Value Index for this area is $500,208. This listing is priced at 120% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 38

What is the price trend in Springville?

Accepted Answer

Springville's median price has decreased 3.0% month-over-month. Current median: $500,000. Days on market have decreased by 49.2% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 39

Is 948 SPRING CANYON, Springville overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 23/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 40

What school district is 948 SPRING CANYON, Springville in?

Accepted Answer

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

Question 41

What parks are near 948 SPRING CANYON, Springville?

Accepted Answer

The nearest local park is Park (0.5 miles away). The nearest state park is Utah Lake State Park (10.8 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (121.9 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 42

Is there a golf course near 948 SPRING CANYON, Springville?

Accepted Answer

The nearest golf course is East Bay Golf Course, 3.7 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas.

Question 43

What water activities are near 948 SPRING CANYON, Springville?

Accepted Answer

Water recreation near this property includes: Utah Lake (9.5 mi); boat ramp at Millrace south (3.7 mi); fishing at Provo River (11.3 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 44

Is 948 SPRING CANYON, Springville move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 45

Does 948 SPRING CANYON, Springville 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 46

What is the lot like at 948 SPRING CANYON, Springville?

Accepted Answer

The lot is 0.2 acres. Lot features: Corner Lot,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full. Terrain: Corner Lot, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Full. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 47

What utilities are available at 948 SPRING CANYON, Springville?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,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 48

Does 948 SPRING CANYON, Springville have natural gas?

Accepted Answer

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

948 SPRING CANYON, Springville, UT 84663

948 S SPRING CANYON WAY, Springville, UT 84663

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