Question 1

What is the asking price for 1002 450, Vernal?

Accepted Answer

1002 450, Vernal is listed at $2,995,000.  This listing is currently active and available for showings.

Question 2

When was 1002 450, Vernal built?

Accepted Answer

This property was built in 2006, making it 20 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 1002 450, Vernal?

Accepted Answer

1002 450, Vernal is a Commercial Sale (Industrial).   Zoning: Commercial.

Question 4

Is there an HOA for 1002 450, 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 1002 450, Vernal?

Accepted Answer

Annual property taxes for this property are approximately $18,072 (about $1,506/month). This represents an effective tax rate of approximately 0.60% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 1002 450, Vernal been on the market?

Accepted Answer

This property has been listed for 52 days. The average days on market in Vernal is 119 days, meaning this listing is moving faster than the local average.

Question 7

How does this listing compare to the Vernal market?

Accepted Answer

1002 450, Vernal is listed at $2,995,000, which is above the Vernal median of $375,000 by $2,620,000. There are currently 89 active listings in Vernal. Homes in Vernal sell in an average of 119 days. The average sale-to-list ratio is 98.6%.

Question 8

What is the Vernal real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Vernal is $375,000. There are currently 89 active listings. Homes sell in an average of 119 days. The average sale-to-list ratio is 98.6%. This listing at $2,995,000 is above the Vernal 2026 median.

Question 9

Are there other homes for sale in Vernal?

Accepted Answer

Yes — there are currently 89 active listings in Vernal. Browse all Vernal homes for sale at propaired.ai/listings/ut/vernal. Prices range around a median of $375,000. Homes in Vernal are selling in about 119 days on average.

Question 10

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 11

How does this price compare to the Utah state average?

Accepted Answer

At $2,995,000, this property is above the Utah state median of $510,000 by $2,485,000. Vernal prices are 26% 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 12

What heating and cooling systems does 1002 450, Vernal have?

Accepted Answer

Heating: Natural Gas. Cooling system details are not listed. 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 13

What type of roof does 1002 450, Vernal have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 20-year-old home, reviewing recent roof inspections is recommended.

Question 14

What type of flooring does 1002 450, Vernal have?

Accepted Answer

Flooring types include: Concrete.

Question 15

What is the commute like from 1002 450, Vernal?

Accepted Answer

1002 450, 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 16

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 17

What would homeowner's insurance cost for 1002 450, 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 $2,995,000, expect approximately $8,985-$14,975/year ($749-$1,248/month).   Get multiple quotes — rates vary significantly by insurer.

Question 18

What are the estimated closing costs for 1002 450, Vernal?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $2,995,000, expect approximately $59,900-$149,750 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 19

How does the property tax compare to the list price at 1002 450, Vernal?

Accepted Answer

The annual property tax of $18,072 represents an effective rate of 0.60% relative to the list price of $2,995,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 20

Is 1002 450, Vernal eligible for FHA or VA financing?

Accepted Answer

At $2,995,000, 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 21

Could 1002 450, Vernal be a 1031 exchange property?

Accepted Answer

Yes, 1002 450, 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 22

What is the price trend in Vernal?

Accepted Answer

Vernal's median price has increased 98.4% month-over-month. Current median: $375,000. Days on market have decreased by 83.5% month-over-month. Homes are selling at 98.6% of list price on average. Monitor these trends to time your offer strategically.

Question 23

Is 1002 450, Vernal move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 24

Does 1002 450, 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 25

What is the lot like at 1002 450, Vernal?

Accepted Answer

The lot is 2.71 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 26

What utilities are available at 1002 450, Vernal?

Accepted Answer

Available utilities include: Separate Meter: Gas,Separate Meter: Elec..   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 27

Does 1002 450, Vernal have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Natural Gas. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating.  Natural gas availability also supports gas ranges, water heaters, and fireplaces.

1002 450, Vernal, UT 84078

1002 E 450 S, Vernal, UT 84078

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