275 S Wallace Blvd
Educational Use Only — NOT an appraisal or professional advice. — NOT professional advice. See terms
Property Overview
Price Analysis
How the list price compares to AI estimate
List Price
$424,900
AI estimates this property's value between $380,000 - $420,000 based on comparable sales and condition (Confidence: 1%). Educational analysis only, not a professional appraisal or valuation.
Market Data Points
5 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
AI Suggested Starting Point
Lands near the middle of recent sale outcomes observed between $380,000 and $420,000.
How This Was Calculated
The offer accounts for renovation costs and market conditions. The seller might be motivated given the market's slight cooling and average DOM.
AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.
*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
Dated Bathroom
The bathroom has a dated vanity and pink paint, which may not appeal to all buyers.
Drop Ceiling and Old Carpet
The basement has a drop ceiling which can hide potential issues like plumbing leaks or mold. The carpet is dated and could be hiding moisture.
Outdated Laundry Area
The laundry area has yellow walls and dated cabinets. The floor tiles are also outdated.
Dehumidifier
The presence of a dehumidifier suggests potential moisture issues in the basement.
Overgrown Landscaping
The exterior landscaping is overgrown and needs attention.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
No required renovations identified
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* 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
*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*
Price Trajectory
Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Days on market increasing 78.0% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 2 comparable properties nearby
Average Price
$294,500
Your price is 44.3% above average
Median Price
$340,000
Based on 2 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 505 Emmet Street, Ypsilanti, MI 48197 | $340,000 | N/A | N/A | N/A | N/A | 1/15/2025 |
| 418 Olive Street, Ypsilanti, MI 48197 | $249,000 | N/A | N/A | N/A | N/A | 12/30/2024 |
Schools
Nearby school quality by education level
High
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 3 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
Inspect the basement for signs of moisture, especially around the perimeter walls and under the drop ceiling. Pay close attention to the area around the dehumidifier.
Thoroughly inspect the roof, looking for missing, damaged, or curling shingles. Check for any signs of leaks or water damage in the attic.
Inspect the foundation for cracks, settling, or other signs of structural damage.
Educational Questions
Sample questions for educational purposes
What is the age of the roof, and when was it last inspected? Are there any warranties on the roof?
Has the basement ever experienced water intrusion or flooding? If so, what measures were taken to address the problem?
Given the moderate flood risk, what is the current flood insurance situation for the property? Is it required, and what is the annual premium?
Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
Analyze Any Property for Free
Get instant insights and potential savings on any Zillow listing.
