152 Essex Ave
This analysis was generated on 3/31/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$929,000
Fair Range
$890,000 - $940,000
Negotiation Leverage
4 points to consider in your offer
Recommended Offer
AI Rationale
Considering the property's condition, needed repairs, and market cooldown, an offer of $905,000 is strategic. It reflects fair value while accounting for repair costs and potential seller motivation.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Small windows in laundry room
The laundry room has small windows that provide limited natural light, making the space feel cramped and less inviting.
Dated vanity and sink in laundry room
The laundry room has a dated vanity and sink. The cabinet finish appears worn, and the overall style is not consistent with modern design trends.
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.
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
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Home sales decreasing 58.8% over the past 3 months suggests growing buyer leverage.
Schools
Nearby school quality by education level
Middle
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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Tour Checklist
Key items to inspect during your property tour
Thoroughly inspect the basement for any signs of water intrusion, including stains, efflorescence (white powdery deposits), or musty odors.
Inspect the attic (if accessible) for proper insulation, ventilation, and any signs of leaks or water damage.
Examine the electrical panel for any signs of corrosion, loose wiring, or outdated components.
Check the function of the carbon monoxide detectors.
Check the HVAC system (both units) for age, condition, and proper operation. Note the brand and model number for future reference.
Questions to Ask
Important questions to ask during the tour
Can you provide documentation for the 'newer' multi-zone HVAC system, including the installation date and warranty information?
Are there any known issues with the roof, and when was it last inspected?
Has there been any remediation done on the property for mold, asbestos, or lead paint?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
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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