409 W Southern Ave
Educational Use Only — NOT an appraisal or professional advice. — NOT professional advice. See terms
AI Property Analysis
0:00Property Overview
Price Analysis
How the list price compares to AI estimate
List Price
$65,000
AI estimates this property's value between $55,000 - $65,000 based on comparable sales and condition (Confidence: 80%). 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
AI Suggested Starting Point
Lands near the middle of recent sale outcomes observed between $55,000 and $65,000.
How This Was Calculated
The offer reflects the needed $38k in repairs and the seller's likely motivation due to the property's extended market time.
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
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Complete Interior Renovation
Window Replacement
Electrical System Upgrade
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 133.3% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$55,750
Your price is 16.6% above average
Median Price
$42,500
Based on 6 recent sales
Price per Sq.Ft
$34
Your price is 11.0% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 409 W Southern Avenue, Springfield, OH 45506 | $39,000 | 1,723 | 3 | 1 | $2340.0% | 2/3/2025 |
| 409 W Southern Avenue, Springfield, OH 45506 | $39,000 | 1,723 | 3 | 1 | $2340.0% | 2/3/2025 |
| 419 Gallagher Street, Springfield, OH 45505 | $24,100 | 1,648 | 2 | 1 | $1561.2% | 12/20/2024 |
| 511 Scott Street, Springfield, OH 45505 | $42,500 | 1,968 | 4 | 1 | $2242.8% | 1/2/2025 |
| 1760 E Wittenberg Boulevard, Springfield, OH 45506 | $124,900 | 1,655 | 3 | 1 | $75100.0% | 10/9/2024 |
| 421 Catherine Street, Springfield, OH 45505 | $65,000 | 1,399 | 2 | 2 | $4623.2% | 3/16/2025 |
Schools
Details about nearby schools in this area
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 2 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
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Educational Tour Ideas
Educational suggestions for property tours
Thoroughly inspect the roof for signs of leaks, sagging, or missing shingles. Pay close attention to the areas around chimneys and vents.
Check all existing electrical wiring and connections for exposed wires, loose connections, or signs of damage. Use a non-contact voltage tester where appropriate.
Operate all existing windows (if possible) to check for smooth operation, proper sealing, and any signs of damage or rot. Look for condensation between panes, indicating seal failure.
Document all visible issues with photos and detailed notes for future reference and negotiation purposes.
Educational Questions
Sample questions for educational purposes
Can you provide a detailed list of all the engineering work that has been completed, and are the plans available for review?
What is the reason for selling the property in its current 'As Is' condition, and what are the seller's motivations?
Can you provide any documentation regarding the 'new upgraded windows' that were added, including their energy efficiency ratings and warranty information?
Given the property's flood risk, has the property ever experienced flooding, and what measures have been taken to mitigate flood damage?
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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