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10 Bemis Rd
Score
81
Newark, DE

10 Bemis Rd

475K
4 bd • 3 ba • 2,725 sf

This analysis was generated on 8/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$475,000
+8%vs 19711
Price/Sq.Ft
$174
-17%vs 19711
Within Estimated Range
within range

Current Price

$475,000

Estimated Range

$465,000 - $485,000

$475,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

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.*

AI Suggested Range (Entertainment Only)

$470,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects the property's value, considering needed repairs and market conditions. The quick listing period may indicate seller motivation, but the competitive market suggests balanced negotiations.

AI Analysis Score
81
77
Home Condition
87
Natural Light
94
Value
68
Location

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

Visual Insights

AI-analyzed spaces with reimagining capabilities

Dated Kitchen Cabinets
Dated Kitchen Cabinets

Dated Kitchen Cabinets

The honey oak cabinets are outdated and detract from the overall aesthetic of the kitchen. The granite countertops are also a dated style.

Worn Deck Surface
Worn Deck Surface

Worn Deck Surface

The deck surface shows signs of wear and fading, indicating it needs refinishing or replacement.

Basic Powder Room Fixtures
Basic Powder Room Fixtures

Basic Powder Room Fixtures

The powder room features basic fixtures and finishes, lacking character and style.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

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

Monthly Cost
$0123456789012345678901234567890123456789
$475,000
-30%List: $475,000+30%
20%
$95,000of $475,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,995/year, HOA: $5/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$127,013
Closing Costs
+$32,013
Down Payment
$95,000
Buyer Agent Fee
$12,113
Loan Fees
$3,800
Title & Escrow
$2,850
Inspections
$900
Transfer Tax
$5,225
Prepaid Expenses
$7,125

* 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
3 days
vs 33 day average
This home has been listed for 3 days, while homes in this area typically sell in 33 days
Inventory Health
68
homes for sale
41 homes sold last month, indicating 1.7x more supply than demand
Price Dynamics
100.6%
of asking price
Homes typically sell for 0.6% above asking price

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

Price Trajectory

$409,000
Current median price
+8.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are down 1.4% over the last 3 months
3 Months
-1.4%
6 Months
+2.3%
1 Year
+8.5%

*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

Days on market increasing 53.3% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$409,000
3 Months Ago
$284,000
+44.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$475,000
Price/sqft
$174
Layout
4 bd3 ba
Days on market
3 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$473,750

0.3%

Your price is 0.3% above average

Median Price

$520,000

8.7%

Based on 6 recent sales

Price per Sq.Ft

$168

3.8%

Your price is 3.8% above average $/sqft

Comparable Properties

7 MARTINE CT, NEWARK, DE 19711
Price: $350,000
Sq.Ft: 2,575
Beds/Baths: 3/3
$/Sq.Ft:
$13622.0%
Sale Date: 6/9/2025
18 E GREEN VALLEY CIR, NEWARK, DE 19711
Price: $335,000
Sq.Ft: 2,521
Beds/Baths: 3/3
$/Sq.Ft:
$13323.8%
Sale Date: 5/13/2025
26 FOREST RDG, NEWARK, DE 19711
Price: $650,000
Sq.Ft: 2,950
Beds/Baths: 4/3
$/Sq.Ft:
$22026.4%
Sale Date: 4/15/2025
12 E GREEN VALLEY CIR, NEWARK, DE 19711
Price: $312,500
Sq.Ft: 2,625
Beds/Baths: 3/3
$/Sq.Ft:
$11931.7%
Sale Date: 3/19/2025
3125 ALBEMARLE RD, WILMINGTON, DE 19808
Price: $520,000
Sq.Ft: 3,067
Beds/Baths: 4/3
$/Sq.Ft:
$1702.7%
Sale Date: 4/11/2025
10 CREEK XING, NEWARK, DE 19711
Price: $675,000
Sq.Ft: 2,925
Beds/Baths: 3/3
$/Sq.Ft:
$23132.4%
Sale Date: 3/20/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 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 siding and trim for signs of rot, damage, or peeling paint, paying close attention to areas near the ground and around windows and doors.

Check the basement for signs of water intrusion, such as water stains, mold, or musty odors, especially after a recent rain.

Test all electrical outlets with a circuit tester to ensure they are properly grounded and functioning.

Inspect the foundation for cracks, settling, or other signs of structural problems.

Check the operation of the gas fireplace, ensuring it ignites properly and vents correctly. Look for signs of soot or carbon monoxide buildup.

Educational Questions

Sample questions for educational purposes

Given the moderate flood risk and major wind risk (hurricanes), what specific measures have been taken to mitigate potential damage, and can you provide documentation of these measures?

The listing mentions a finished basement. Was the basement professionally finished, and are there permits available for the finishing work?

Have there been any issues with pests (termites, rodents, etc.) and if so, what treatments have been performed?

Has a radon test been performed on the property, and if so, what were the results?

Given the age of the home, when was the electrical panel last updated, and does it meet current code requirements?

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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