keepup
1106 88th Ave W
Score
80
Duluth, MN

1106 88th Ave W

455K
1 bd • 5 ba • 2,530 sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

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Property Overview

List Price
$455,000
+112%vs 55808
Price/Sq.Ft
$180
+29%vs 55808

Price Analysis

How the list price compares to AI estimate

187.6% above

List Price

$455,000

$143k
$158k
AI Estimated Range
$455,000
-20% Below+20% Above

AI estimates this property's value between $143,193 - $158,193 based on comparable sales and condition (Confidence: 59%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$143,193

Targets the lower end of recent sale outcomes observed between $143,193 and $158,193.

How This Was Calculated

The offer reflects the median comparable price less $50,220 for necessary repairs (parking lot, basement, vault kitchen) and further adjusted $2,777 for the extreme 389‑day listing period. Low competition and zero average offers reinforce buyer leverage. This price positions the buyer at the lower end of the data‑driven band while still covering the property's unique upside.

Quantitative drivers

  • Condition repairs-$11,571

    Visible repairs estimated at $50,220.

  • Extended days on market-$2,777

    389 DOM vs area average 32.

  • Low buyer competition-$653

    0.0 average offers per listing.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
80
72
Home Condition
82
Natural Light
94
Market Data
68
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Cracked Parking Lot
Cracked Parking Lot

Cracked Parking Lot

The parking lot is heavily cracked and needs resurfacing.

Outdated Kitchen Cabinets
Outdated Kitchen Cabinets

Outdated Kitchen Cabinets

The oak cabinets in the kitchen inside the vault appear dated and worn.

Exposed Insulation
Exposed Insulation

Exposed Insulation

Exposed insulation on the basement ceiling indicates potential heat loss and moisture issues.

Concrete Walls
Concrete Walls

Concrete Walls

Unfinished concrete walls in the basement give an uninviting appearance.

Laminate Flooring
Laminate Flooring

Laminate Flooring

The laminate flooring in the main living area is a lower-end material and detracts from the overall aesthetic.

Exposed Piping in Basement
Exposed Piping in Basement

Exposed Piping in Basement

The basement has exposed piping and unfinished walls, which detracts from the overall aesthetic and could be a potential hazard.

Open Closet in Bedroom
Open Closet in Bedroom

Open Closet in Bedroom

The bedroom closet is an open rack system, which lacks privacy and storage efficiency.

Exposed Pipes
Exposed Pipes

Exposed Pipes

Exposed plumbing and electrical pipes detract from the basement's aesthetic.

Window Air Conditioner
Window Air Conditioner

Window Air Conditioner

The window air conditioner is inefficient and detracts from the building's appearance.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$35,000

Basement Waterproofing and Finishing

$15,000
High

Parking Lot Resurfacing

$20,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$455,000
-30%List: $455,000+30%
20%
$91,000of $455,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,911/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$121,703
Closing Costs
+$30,703
Down Payment
$91,000
Buyer Agent Fee
$11,603
Loan Fees
$3,640
Title & Escrow
$2,730
Inspections
$900
Transfer Tax
$5,005
Prepaid Expenses
$6,825

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
389 days
vs 56 day average
This home has been listed for 389 days, while homes in this area typically sell in 56 days
Inventory Health
18
homes for sale
9 homes sold last month, indicating 2.0x more supply than demand
Price Dynamics
99.6%
of asking price
Homes typically sell for 0.4% below asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Historical market data is not available

Schools

Details about nearby schools in this area

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly inspect the basement for signs of moisture, including water stains, efflorescence, and musty odors.

Check the condition of the parking lot asphalt, looking for cracks, potholes, and uneven surfaces.

Educational Questions

Sample questions for educational purposes

Given the age of the building and its conversion, are there any historical preservation restrictions or requirements that could impact future renovations or modifications?

Can you provide a detailed breakdown of the utility costs (gas, electricity, water) for the past 12 months?

What is the zoning designation for the property and the adjacent parking lot, and what types of development are permitted?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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