This analysis was generated on 5/4/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
Current Price
$250,000
Estimated Range
$215,000 - $235,000
*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*
4 data points for educational exploration
*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*
The recommended offer reflects the property's condition, including the need for a $15,000 kitchen renovation, $8,000 exterior painting, and $5,000 bathroom updates. The extended DOM of 66 days and multiple price reductions also support this offer, indicating seller motivation.
*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*
AI-analyzed spaces with reimagining capabilities
Prioritized renovations based on property inspection and market impact.
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Previous ownership changes and transaction details
Historical pricing trends for this property
Interactive breakdown of estimated monthly expenses
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.
*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*
*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*
Key metrics over time, revealing market momentum and patterns
Home sales decreasing 25.3% over the past 3 months suggests growing buyer leverage.
Based on 5 comparable properties nearby
Average Price
$564,000
Your price is 55.7% below average
Median Price
$550,000
Based on 5 recent sales
Price per Sq.Ft
$268
Your price is 59.9% below average $/sqft
Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
---|---|---|---|---|---|---|
408 Bern Street, New Bern, NC 28560 | $55,000 | 2,560 | 3 | 2 | $2180.0% | 1/15/2025 |
754 E Front Street, New Bern, NC 28560 | $860,000 | 2,659 | 2 | 3 | $323201.2% | 4/2/2025 |
219 New Street, New Bern, NC 28560 | $995,000 | 2,281 | 3 | 3 | $436306.2% | 1/20/2025 |
314 Metcalf Street, New Bern, NC 28562 | $550,000 | 1,880 | 2 | 3 | $293172.4% | 11/7/2024 |
806 E Front Street, New Bern, NC 28560 | $360,000 | N/A | N/A | N/A | N/A | 12/23/2024 |
Details about nearby schools in this area
Assessment of climate-related hazards for this property
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.
Data provided by Shadowmap
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Educational suggestions for property tours
Inspect the decorative tin ceilings closely for water stains, rust, or sagging, especially around the edges and seams.
Thoroughly inspect the foundation for cracks, especially around the perimeter and in the basement (if applicable). Look for signs of water intrusion, such as efflorescence or dampness.
Inspect the roof from the ground (and from inside the attic, if accessible) for missing or damaged shingles, signs of leaks, and the overall condition of the roofing materials.
Sample questions for educational purposes
What is the age of the roof, and are there any warranties still in effect? Are there any known leaks or prior repairs to the roof?
Has the property ever experienced flooding, and if so, what measures have been taken to mitigate future flooding risks?
Given the price reductions and time on the market, are there any known issues with the property that are contributing to the difficulty in selling it?
Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.
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