Question 1

What is the asking price for 1089 HWY 40, Vernal?

Accepted Answer

1089 HWY 40, Vernal is listed at $1,250,000.  Current status: Pending.

Question 2

When was 1089 HWY 40, Vernal built?

Accepted Answer

This property was built in 2000, making it 26 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 3

What type of property is 1089 HWY 40, Vernal?

Accepted Answer

1089 HWY 40, Vernal is a Commercial Sale Commercial Lease (Retail).   Zoning: Commercial.

Question 4

Is there an HOA for 1089 HWY 40, Vernal?

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 5

What are the property taxes for 1089 HWY 40, Vernal?

Accepted Answer

Annual property taxes for this property are approximately $11,524 (about $960/month). This represents an effective tax rate of approximately 0.92% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

What are the key features of 1089 HWY 40, Vernal?

Accepted Answer

Interior features include: Alarm: Fire, Alarm: Security, Computer, Dishwasher, Kitchen. Exterior features include: Out Buildings, Paved Parking.

Question 7

How long has 1089 HWY 40, Vernal been on the market?

Accepted Answer

This property has been listed for 194 days. The average days on market in Vernal is 89 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 8

Is 1089 HWY 40, Vernal suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 1.25-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 9

What schools serve 1089 HWY 40, Vernal?

Accepted Answer

There are 1 schools within 3 miles of this property. The highest-rated nearby school is Discovery School with a 57% state performance score (2.0 miles away).

Question 10

What elementary school is near 1089 HWY 40, Vernal?

Accepted Answer

The nearest elementary school is Discovery School (2.0 miles away). State performance score: 57%. District: Uintah District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 11

How does this listing compare to the Vernal market?

Accepted Answer

1089 HWY 40, Vernal is listed at $1,250,000, which is above the Vernal median of $350,000 by $900,000. There are currently 123 active listings in Vernal. Homes in Vernal sell in an average of 89 days. The average sale-to-list ratio is 98.6%.

Question 12

What is the Vernal real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Vernal is $350,000. There are currently 123 active listings. Homes sell in an average of 89 days. The average sale-to-list ratio is 98.6%. This listing at $1,250,000 is above the Vernal 2026 median.

Question 13

Are there other homes for sale in Vernal?

Accepted Answer

Yes — there are currently 123 active listings in Vernal. Browse all Vernal homes for sale at propaired.ai/listings/ut/vernal. Prices range around a median of $350,000. Homes in Vernal are selling in about 89 days on average.

Question 14

What is the Vernal neighborhood like?

Accepted Answer

Gateway to Dinosaur National Monument and outdoor recreation. Growing, good schools, oil industry heritage. Access to fishing, hunting, hiking. Vernal is known for: outdoor-recreation, growing, good-schools, fishing. Population: approximately 11,000. Explore the full Vernal market data and community guide on Propaired.

Question 15

How does this price compare to the Utah state average?

Accepted Answer

At $1,250,000, this property is above the Utah state median of $525,000 by $725,000. Vernal prices are 33% 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 16

What heating and cooling systems does 1089 HWY 40, Vernal have?

Accepted Answer

Heating: Forced Air,Natural Gas. Cooling: Evap. Cooler Roof. 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 17

What type of roof does 1089 HWY 40, Vernal have?

Accepted Answer

The roof material is Asphalt,Metal. Asphalt shingles typically last 20-30 years in Utah's climate. With a 26-year-old home, reviewing recent roof inspections is recommended.

Question 18

What type of flooring does 1089 HWY 40, Vernal 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 19

What is the commute like from 1089 HWY 40, Vernal?

Accepted Answer

1089 HWY 40, Vernal is located in Vernal, in the Eastern Utah region of Utah. With a population of approximately 11,000, Vernal offers a residential setting. 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 20

What is the Vernal community like?

Accepted Answer

Vernal is known for: outdoor-recreation, growing, good-schools, fishing, dinosaur-monument. The city has approximately 11,000 residents. The median home price in Vernal is $310,000. Explore the full Vernal community profile on Propaired for detailed neighborhood insights.

Question 21

What would homeowner's insurance cost for 1089 HWY 40, Vernal?

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 $1,250,000, expect approximately $3,750-$6,250/year ($313-$521/month).   Get multiple quotes — rates vary significantly by insurer.

Question 22

What are the estimated closing costs for 1089 HWY 40, Vernal?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,250,000, expect approximately $25,000-$62,500 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 23

How does the property tax compare to the list price at 1089 HWY 40, Vernal?

Accepted Answer

The annual property tax of $11,524 represents an effective rate of 0.92% relative to the list price of $1,250,000. This is above the Utah average of approximately 0.58%. Taxes may adjust after a sale based on the county's reassessment. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 24

Is 1089 HWY 40, Vernal eligible for FHA or VA financing?

Accepted Answer

At $1,250,000, 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 25

Could 1089 HWY 40, Vernal be a 1031 exchange property?

Accepted Answer

Yes, 1089 HWY 40, Vernal 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 26

What is the price trend in Vernal?

Accepted Answer

Vernal's median price has increased 16.0% month-over-month. Current median: $350,000. Days on market have increased by 85.8% month-over-month. Homes are selling at 98.6% of list price on average. Monitor these trends to time your offer strategically.

Question 27

Is 1089 HWY 40, Vernal move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 28

What updates might 1089 HWY 40, Vernal need?

Accepted Answer

At 26 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Asphalt,Metal. Current heating: Forced Air,Natural Gas. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 29

Does 1089 HWY 40, Vernal 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 30

What is the lot like at 1089 HWY 40, Vernal?

Accepted Answer

The lot is 1.25 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 31

What utilities are available at 1089 HWY 40, Vernal?

Accepted Answer

Available utilities include: Gas: Natural.   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 32

Does 1089 HWY 40, Vernal have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Natural Gas. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Evap. Cooler Roof) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

1089 HWY 40, Vernal, UT 84078

1089 E HWY 40, Vernal, UT 84078

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