7825 Cove Ridge Dr
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
$550,000
AI estimates this property's value between $409,339 - $424,339 based on comparable sales and condition (Confidence: 76%). 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
AI Suggested Starting Point
Targets the lower end of recent sale outcomes observed between $409,339 and $424,339.
How This Was Calculated
The offer aligns with the lower bound of the calculated fair range after accounting for $32,425 of necessary repairs, a 40% $/sqft premium, the 97.9% sale‑to‑list norm, and a market with no competing bids. The 10‑day DOM shows the seller's willingness to close quickly, further strengthening the buyer's position.
Quantitative drivers
- Condition repairs-$7,816
Visible repairs estimated at $32,425.
- $/sqft premium vs comps-$4,724
Subject lists 40% above nearby sales on a per-sqft basis.
- Low buyer competition-$1,329
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 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
Outdated Bathroom Vanity
The vanity in the bathroom appears dated with a laminate countertop and traditional wood finish.
Dark Wood Vanity
The dark wood vanity and ornate mirror frame contribute to an outdated aesthetic.
Brick Fireplace Surround
The brick fireplace surround appears dated and could benefit from a modern update.
Weathered Deck
The deck shows signs of weathering and could benefit from staining or sealing.
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.
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.*
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$312,917
Your price is 75.8% above average
Median Price
$365,000
Based on 6 recent sales
Price per Sq.Ft
$162
Your price is 39.8% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 2897 Chapel Bend Drive, Hixson, TN 37343 | $383,500 | 2,644 | 3 | 3 | $14535.9% | 5/16/2025 |
| 7813 Hixson Pike, Hixson, TN 37343 | $275,000 | 1,992 | 4 | 3 | $13839.0% | 5/20/2025 |
| 3019 Tandy Lane, Hixson, TN 37343 | $409,000 | 2,300 | 3 | 2 | $17821.5% | 6/19/2025 |
| 7618 Hunter Road, Hixson, TN 37343 | $365,000 | 2,100 | 3 | 2 | $17423.2% | 6/19/2025 |
| 7622 Hunter Road, Hixson, TN 37343 | $365,000 | 2,100 | 3 | 2 | $17423.2% | 6/19/2025 |
| 7901 Cove Ridge Drive, Hixson, TN 37343 | $80,000 | N/A | N/A | N/A | N/A | 8/25/2025 |
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 4 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
Inspect the foundation for cracks, especially around the corners and near downspouts.
Check the electric panel for proper labeling and any signs of overheating or corrosion.
Educational Questions
Sample questions for educational purposes
Given the 'Major' flood risk, what specific measures have been taken to mitigate potential water damage to the property, and can you provide documentation?
Has the sunroom been properly permitted and inspected? Were any modifications made to the original structure to create the sunroom?
The property was sold in 2017 for $224,700 and is now listed for $550,000. Can you explain the specific improvements or renovations that justify this significant increase in value, beyond general market appreciation?
Are there any known issues with the well water or septic system (if applicable), and when were they last inspected or 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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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.
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