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27 Fairview Ave
Score
69
Dudley, MA

27 Fairview Ave

295K
3 bd • 1 ba • 1,551 sf

This analysis was generated on 3/18/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$295,000

Price/Sq.Ft

$190

Year Built

1950

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Wood Beams: Adds character and architectural interest • Skylights: Increases natural light and ventilation • Large Windows: Provides ample natural light and views • Price Position: At $190.20 per sqft, the property is priced significantly below the average of $261 per sqft in 01571, suggesting a potential value opportunity. • Appreciation Trend: Homes in 01571 have sold for 8.9% more than they did a year ago, indicating a strong appreciation trend. • Rental Income: $1,990/month with 90% occupancy (0.1% cap rate) • Schools: Lower school ratings may slightly detract from property values compared to areas with higher-rated schools. Proximity to Nichols College could be a draw for some buyers, but its impact is less direct than primary/secondary schools. • Future Development: No specific planned developments are mentioned near the property. • The property has good natural light in the kitchen and sunroom due to the large windows and skylights. Other areas are darker due to the wood paneling and smaller windows. • The layout is functional but could be improved with some reconfiguration. The kitchen is spacious but dated. The living spaces are large but need updating. The bathrooms are small and need renovation.
Wood Beams

Wood Beams

Adds character and architectural interest.

Skylights

Skylights

Increases natural light and ventilation.

Large Windows

Large Windows

Provides ample natural light and views.

The Bad

• Kitchen Renovation (HIGH priority): $25,000 • Bathroom Renovations (HIGH priority): $15,000 • Interior Painting (MEDIUM priority): $10,000 • Exterior Painting and Trim Repair (MEDIUM priority): $8,000 • Flooring Replacement/Refinishing (MEDIUM priority): $7,000 • Moderate wind risk requires critical insurance coverage. • Reliance on oil furnace may be a deterrent for some buyers concerned about energy costs and environmental impact. • Limited crime data availability makes it difficult to assess neighborhood safety.

The Ugly

No critical issues identified
Outdated Kitchen

Outdated Kitchen

The kitchen is outdated with older appliances, countertops, and cabinets. The appliances are likely nearing the end of their lifespan.

Dated Bathrooms

Dated Bathrooms

The bathrooms are dated with older fixtures, tile, and wallpaper. The bathrooms need a complete renovation.

Wood Paneling

Wood Paneling

The wood paneling throughout the house is dated and dark. It makes the rooms feel smaller and less inviting.

Peeling Paint and Rotted Wood Trim

Peeling Paint and Rotted Wood Trim

The exterior paint is peeling and the wood trim is rotting. The exterior needs to be repainted and the trim needs to be repaired or replaced.

Worn Floors

Worn Floors

The floors are worn and damaged in several areas. The floors need to be refinished or replaced.

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

Rental Property Investors: Potential annual revenue of $23,880 with 90% occupancy rate Value Investors: Projected 18.6% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $65,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$75,465

Property History

Price History
Ownership Timeline
$185,000Financed
Dec 27, 2024
Bibeau George Joseph Est, Neal G BibeauHeavenly Hm Solutions Llc
Fiduciary Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Nov 24, 2021
George J Bibeau, Charles D LawsGeorge J Bibeau
Quit Claim Deed
Non-Arm's Length Transactions
$5,000Cash Purchase
Jan 1, 1970
Peter T Labby, Theresa A LabbyGeorge J Bibeau, Margaert M Bibeau
Deed
Standard Sale (Purchase/Resales)

Property Taxes

$3,152
2024 Tax Assessment
11.5%from previous year
Assessed Value$300,800
Tax Rate1.05%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

High

5.0/10
Average

Financials

Monthly Costs
Market Rent (3 bed)

$1,231

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$295,000
Price/sqft
$190
Layout
3 bd1 ba
Days on market
5 daysat time of analysis

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$386,250

23.6%

Your price is 23.6% below average

Median Price

$410,000

28.0%

Based on 4 recent sales

Price per Sq.Ft

$246

22.7%

Your price is 22.7% below average $/sqft

Comparable Properties

17 Batten St, Webster, MA 01570
Price: $385,000
Sq.Ft: 1,468
Beds/Baths: 3/1
$/Sq.Ft:
$26237.9%
Sale Date: 12/12/2024
27 Highcrest Park #27, Webster, MA 01570
Price: $300,000
Sq.Ft: 1,536
Beds/Baths: 2/2
$/Sq.Ft:
$1952.7%
Sale Date: 11/9/2024
8 Alton Dr, Dudley, MA 01571
Price: $410,000
Sq.Ft: 1,514
Beds/Baths: 3/2
$/Sq.Ft:
$27142.4%
Sale Date: 11/6/2024
5 Stephen Dr, Webster, MA 01570
Price: $450,000
Sq.Ft: 1,770
Beds/Baths: 3/2
$/Sq.Ft:
$25433.7%
Sale Date: 11/11/2024

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