Score
0Moretown, VT
269 Randell Road
344K
3 beds
2 baths
1,548 sqft
3 bd • 2 ba • 1,548 sf
This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$344,000
Price/Sq.Ft
$222
Year Built
1976
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Proximity to Ski Areas: The property is located just minutes away from Sugarbush and Mad River Ski Areas, making it an attractive option for skiers and snowboarders. This could also make it a desirable vacation rental property.
• Private Wooded Lot: The property is situated on a private wooded lot of 1.25 acres, offering peace and tranquility. The running brook adds to the natural beauty of the property.
• Character and Charm: The home has a rustic charm with features like wide plank wood floors, a brick hearth, and a wood stove. These features could appeal to buyers who appreciate character and history.
• Outdoor Living Space: The property has a large deck overlooking Shepard Brook, providing ample space for outdoor entertaining and relaxation. The screen porch offers a sheltered outdoor space.
• Garage and Workshop: The property includes a large garage and workshop, which is a valuable asset for those who enjoy DIY projects or need storage space.
The Bad
• High Flood Risk: The property has an EXTREME flood risk (10/10), which is a major concern. The FEMA Zone X_UNSHADED designation means that while it's not in a designated floodplain, it's still at risk, and flood insurance will likely be very expensive. This could deter many potential buyers.
• Age of the Home: Built in 1976, the home is over 45 years old. This means that major systems like the roof, HVAC, plumbing, and electrical may be nearing the end of their lifespan and could require costly repairs or replacements.
• Need for TLC: The property description explicitly states that the home needs "TLC," which is a euphemism for needing renovations and repairs. This could be a turn-off for buyers who are looking for a move-in-ready home.
• Lack of Modern Amenities: While the property has some desirable features like natural light and natural woodwork, it may lack modern amenities that are important to some buyers, such as central air conditioning, updated appliances, or a modern kitchen and bathrooms.
• Dependence on Well and Septic: The property relies on well water and a septic system, which can be more expensive and require more maintenance than municipal water and sewer systems. Well water needs to be tested regularly, and septic systems need to be pumped every few years.
The Ugly
• High Flood Insurance Costs: The EXTREME flood risk (10/10) will result in very high flood insurance premiums. This could significantly increase the total cost of ownership and make the property unaffordable for some buyers. It is critical to get an accurate flood insurance quote before making an offer.
• Potential Septic System Failure: Given the age of the home, the septic system may be nearing the end of its lifespan. Replacing a septic system can cost tens of thousands of dollars, which is a major financial risk for buyers.
• Well Water Contamination: There is always a risk of well water contamination, which could require expensive treatment or even the drilling of a new well. Regular water testing is essential.
• Undefined Median Income: The median income is listed as undefined, making it hard to know the economic situation of the area.
• Potential for Hidden Problems: Older homes often have hidden problems that are not apparent during a visual inspection. These could include mold, asbestos, lead paint, or structural issues. A thorough inspection by qualified professionals is essential to identify and address these problems before they become major expenses.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Vacation Home Buyers: The property's proximity to Sugarbush and Mad River Ski Areas makes it attractive for those seeking a seasonal getaway for skiing and outdoor activities.
• Nature Enthusiasts: The wooded lot, running brook, and access to outdoor activities like fishing and hiking offer appeal to those who appreciate natural surroundings.
• Buyers Seeking a Project: The description notes that the home needs some TLC, making it suitable for buyers who enjoy home improvement projects and have the skills or budget for renovations.
• Buyers Comfortable with Rural Living: Those who appreciate the peace and quiet of a rural setting and are prepared for the distances to amenities and potential challenges with internet and cell service may find this property appealing.
• Buyers with a Focus on Schools: Families who value education may find this property appealing due to the Waitsfield Elementary School (9/10 rating, 3.2 miles away) and Harwood Uhsd #19 (7/10 rating, 2.7 miles away)
Not For
• Buyers Averse to Flood Risk: Given the EXTREME flood risk (10/10) and FEMA Zone X_UNSHADED designation, this property is not suitable for those unwilling to accept the potential for flooding and the associated insurance costs and risks.
• Buyers Seeking a Move-in Ready Home: The property requires "TLC," indicating that it may need renovations or repairs. Those looking for a home that's immediately habitable without additional work may find this property unsuitable.
• Buyers Requiring High-Speed Internet: The listing does not specify internet availability, and rural areas often have limited options. Buyers who rely on high-speed internet for work or entertainment may need to verify availability and speed before considering this property.
• Buyers on a Tight Budget: The property's age, flood risk, and need for TLC suggest potential maintenance and repair costs. Buyers with limited financial resources may struggle to afford the ongoing expenses associated with this property.
• Buyers Prioritizing Urban Amenities: Moretown is a rural town with limited local amenities. Those who prefer easy access to shopping, dining, and entertainment options may find the location inconvenient.
Demographics
Area Median Income
$0
Property History
Price History
Ownership Timeline
Property Taxes
$0
2023 Tax Assessment
Assessed Value$205,300
Tax Rate0.00%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
4.5/10
AverageMiddle
7.0/10
GoodFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$0
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$344,000
Price/sqft
$222
Layout
3 bd•2 ba
Days on market
124 daysat time of analysis
Stats in the Area
Based on 1 comparable properties nearby
Average Price
$405,000
15.1%
Your price is 15.1% below average
Median Price
$405,000
15.1%
Based on 1 recent sales
Price per Sq.Ft
$278
20.1%
Your price is 20.1% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 2510 North Fayston Road, Fayston, VT 05660 | $405,000 | 1,456 | 2 | 2 | $27825.2% | 8/23/2024 |
2510 North Fayston Road, Fayston, VT 05660
Price: $405,000
Sq.Ft: 1,456
Beds/Baths: 2/2
$/Sq.Ft:
$27825.2%
Sale Date: 8/23/2024
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