keepup
712 Varnum St NW
Score
56
Washington, DC

712 Varnum St NW

675K
3 bd • 3 ba • 2,288 sf

Educational Use Only — NOT professional advice. See terms

Property Overview

List Price
$675,000
-6%vs 20011
Price/Sq.Ft
$295
-27%vs 20011

Price Analysis

How the list price compares to AI estimate

within range

List Price

$675,000

$652k
$680k
AI Estimated Range
$675,000
-20% Below+20% Above

AI estimates this property's value between $652,000 - $680,000 based on comparable sales and condition (Confidence: 75%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

4 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

$645,000

Targets the lower end of recent sale outcomes observed between $652,000 and $680,000.

How This Was Calculated

The offer reflects the fair market value adjusted for necessary repairs and considers the seller's likely motivation due to extended DOM. The cooling market trend also supports this strategy.

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

AI Analysis Score
56
68
Home Condition
65
Natural Light
39
Market Data
⚠️ Limited data
68
Location

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

Limited Market Data Available

We recommend obtaining a professional appraisal from a licensed appraiser for an accurate property valuation.

Visual Insights

AI-analyzed spaces with reimagining capabilities

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$5,000

Repair or Replace Concrete Stairs

$5,000
High

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

Ownership History

Previous ownership changes and transaction details

Jan
1970
$119,000Financed
January 1, 1970
From:Bankers Trust
To:Edna M Vincent
Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$675,000
-30%List: $675,000+30%
20%
$135,000of $675,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,835/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$180,113
Closing Costs
+$45,113
Down Payment
$135,000
Buyer Agent Fee
$17,213
Loan Fees
$5,400
Title & Escrow
$4,050
Inspections
$900
Transfer Tax
$7,425
Prepaid Expenses
$10,125

* 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
402 days
vs 76 day average
This home has been listed for 402 days, while homes in this area typically sell in 76 days
Inventory Health
295
homes for sale
68 homes sold last month, indicating 4.3x more supply than demand
Price Dynamics
98.0%
of asking price
Homes typically sell for 2.0% below asking price

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

Price Trajectory

$719,500
Current median price
-12.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests growth
Prices are up 3.7% over the last 3 months
3 Months
+3.7%
6 Months
+12.9%
1 Year
-12.5%

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

Home sales increasing 26.6% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$719,500
3 Months Ago
$675,000
+6.6%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$675,000
Price/sqft
$295
Layout
3 bd3 ba
Days on market
402 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$812,500

16.9%

Your price is 16.9% below average

Median Price

$900,000

25.0%

Based on 6 recent sales

Price per Sq.Ft

$376

21.5%

Your price is 21.5% below average $/sqft

Comparable Properties

1108 LAMONT ST NW, WASHINGTON, DC 20010
Price: $905,000
Sq.Ft: 2,300
Beds/Baths: 4/3
$/Sq.Ft:
$39333.4%
Sale Date: 7/16/2025
725 KENYON ST NW #1, WASHINGTON, DC 20010
Price: $960,000
Sq.Ft: 2,023
Beds/Baths: 3/3
$/Sq.Ft:
$47560.9%
Sale Date: 6/30/2025
217 JEFFERSON ST NW, WASHINGTON, DC 20011
Price: $500,000
Sq.Ft: 1,972
Beds/Baths: 3/3
$/Sq.Ft:
$25414.1%
Sale Date: 6/12/2025
3632 10TH ST NW, WASHINGTON, DC 20010
Price: $900,000
Sq.Ft: 2,199
Beds/Baths: 3/3
$/Sq.Ft:
$40938.7%
Sale Date: 5/1/2025
5005 3RD ST NW, WASHINGTON, DC 20011
Price: $715,000
Sq.Ft: 2,143
Beds/Baths: 3/3
$/Sq.Ft:
$33413.1%
Sale Date: 4/24/2025
1315 SHEPHERD ST NW, WASHINGTON, DC 20011
Price: $895,000
Sq.Ft: 2,272
Beds/Baths: 4/3
$/Sq.Ft:
$39433.5%
Sale Date: 4/3/2025

Schools

Nearby school quality by education level

Elementary

7.8/10
Good

Middle

6.8/10
Good

High

2.0/10
Below Average

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

Major Risk Profile

This property has 0 severe, 2 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

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the concrete stairs leading to the entrance for cracks, crumbling, and stability. Pay close attention to the handrail (if present) for sturdiness.

Thoroughly inspect the roof for any signs of damage, such as missing or cracked shingles, sagging, or discoloration. Check the gutters and downspouts for proper drainage and any signs of rust or damage.

Check the basement for any signs of water damage, such as stains, mold, or musty odors. Pay close attention to the walls and floors for cracks or signs of water seepage.

Educational Questions

Sample questions for educational purposes

Can you provide documentation of any roof repairs or replacements that have been done in the past, including the dates and scope of work?

Has the property experienced any flooding or water damage in the past, and if so, what measures were taken to remediate the damage and prevent future occurrences?

What is the age of the heating system (hot water and natural gas), and when was it last serviced?

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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