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3917 Standish Ave
Cincinnati, OH

3917 Standish Ave

$289,900
4 bd • 2 ba • 2,055 sf

This analysis was generated by artificial intelligence on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$289,900

Price/Sq.Ft

$141

Year Built

1919

AI Property Analysis

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

The Good

• **Large Size and Affordable Price:** At 2,055 sq ft and $141.07/sq ft, the property offers a substantial amount of living space at a below-market price point. The average price per square foot in Cincinnati is around $200, making this property very affordable. • **Spacious Lot:** The one-acre lot is a rare find for a city property, offering privacy and room for outdoor activities. Most homes in this price range have much smaller lot sizes. • **Updated Kitchen:** The updated kitchen with granite countertops and stainless steel appliances is a desirable feature for modern buyers. • **High Ceilings and Natural Woodwork:** The home retains original features like high ceilings and natural woodwork, adding character and charm. • **Convenient Location:** The property is located less than 5 minutes from shopping and dining in Pleasant Ridge and Oakley, offering a good balance of city and suburban living. • **Multiple Living Spaces:** The home includes a 3-seasons room, great room, and a bonus room, offering a variety of living spaces for a family.

The Bad

• **Below Average School Ratings:** The schools serving this property have ratings of 5/10 and 3/10, which is below the city average, potentially reducing appeal for families with children. • **Older Home:** Built in 1919, the property will likely require ongoing maintenance and updates, potentially including plumbing, electrical, and HVAC systems. This can add unexpected costs for the new owner. • **Potential Foundation Issues:** Due to its location on a hillside, the property may be susceptible to foundation issues, which are common in Cincinnati. This may lead to costly repairs in the future. • **Maintenance of the Yard:** The large, one-acre lot will require significant yard maintenance, which may be time-consuming and costly. This is a factor many city dwellers do not consider. • **Unclear Renovation History:** While the kitchen is described as updated, the extent of the renovations and the condition of other areas of the home are not clear. This creates uncertainty for a buyer.

The Ugly

• **Potential for Lead Paint and Asbestos:** Due to the age of the property (built in 1919), there is a high risk of lead paint and asbestos, which can be costly to remediate. Testing is required to determine the extent of this risk. • **Steep Driveway and Limited Parking:** Hilly properties can have steep driveways and limited parking, which can be challenging, particularly in winter. This may also limit accessibility for some individuals. • **Unknown Plumbing and Electrical Condition:** The property's age raises concerns about the condition of the plumbing and electrical systems, which may require costly repairs or updates. Galvanized plumbing is a common issue in older homes and can cause low water pressure and leaks. • **Uncertainty of Previous Renovations:** While the kitchen is updated, the extent and quality of other renovations are not specified, potentially hiding costly issues. • **High Property Taxes:** Ohio has relatively high property taxes, which can add to the overall cost of ownership. It's important to factor in these taxes when calculating affordability.

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

• First-time homebuyers seeking a large home with a spacious yard at an affordable price point. The price per square foot is significantly below market average, making it an attractive entry-level option. • Families with children who value a large, fenced yard and multiple bedrooms. The home's size and layout provide ample space for a growing family. • Buyers who appreciate historic charm and character, such as high ceilings and natural woodwork. The 1919 build offers unique architectural details not found in newer homes. • Homeowners looking for a blend of city and suburban living. The property's location offers convenient access to shopping and dining in Pleasant Ridge and Oakley while providing a spacious, private feel.

Not For

• Buyers seeking a recently built home with modern amenities. The home is over 100 years old and may have older systems and require updates. • Buyers who prefer a maintenance-free property. A large lot requires extensive landscaping and maintenance. • Buyers who prioritize top-rated schools. The school ratings for this location are below average. • Buyers who are not comfortable with potential foundation issues, common in Cincinnati's hillside properties. The property's location on a hill may present unique risks.
Demographics
Area Median Income

$63,071

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Risk Assessment

Risk Analysis

• **Age of the Property:** The home was built in 1919, which means it may have older plumbing, electrical, and HVAC systems. Buyers should factor in potential costs for updates and repairs. • **Foundation Issues:** Given Cincinnati's hillside topography, the property may be susceptible to foundation problems. A thorough inspection is crucial to identify any existing issues. • **Lead Paint and Asbestos:** As an older home, there is a risk of encountering lead paint and asbestos. Testing is needed to determine if these hazards are present. • **Market Volatility:** The property has experienced multiple price changes, which could indicate market volatility or issues with the property itself. Buyers should research comparable sales in the area. • **School District:** The local school ratings are below average, which may be a concern for buyers with children. • **Maintenance:** A large, one acre lot requires significant maintenance, including landscaping, mowing, and yard upkeep. This may be time consuming and expensive, especially given that the topography is expected to be hilly. • **CSO:** The property may be subject to combined sewer overflow issues during heavy rain. Buyers should inquire about the property's history with CSO.

Financials

Monthly Costs
Market Rent (4 bed)

$1,645

Get a detailed rental estimate on Zillow®

Price History

Property Taxes

$4,187
2023 Tax Assessment
193.7%from previous year
Assessed Value$68,457
Tax Rate6.12%

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$359,667

24.1% above list price

Median Price

$365,000

Based on 6 recent sales

Price per Sq.Ft

$181

Comparable Properties

6845 Park Avenue, Silverton, OH 45236
Price: $397,500
Sq.Ft: 2,410
Beds/Baths: 4/2
$/Sq.Ft:
$16516.9%
Sale Date: 12/3/2024
6257 Beech View Circle, Cincinnati, OH 45213
Price: $365,000
Sq.Ft: 1,987
Beds/Baths: 3/2
$/Sq.Ft:
$18430.2%
Sale Date: 10/10/2024
3823 Gatewood Lane, Silverton, OH 45236
Price: $305,000
Sq.Ft: 1,728
Beds/Baths: 3/2
$/Sq.Ft:
$17725.1%
Sale Date: 11/22/2024
3794 N Broadlawn Circle, Silverton, OH 45236
Price: $290,000
Sq.Ft: 1,801
Beds/Baths: 3/2
$/Sq.Ft:
$16114.1%
Sale Date: 11/6/2024
5846 Red Bank Road, Cincinnati, OH 45213
Price: $515,500
Sq.Ft: 1,944
Beds/Baths: 3/2
$/Sq.Ft:
$26588.0%
Sale Date: 10/9/2024
6609 Stoll Lane, Silverton, OH 45236
Price: $285,000
Sq.Ft: 2,114
Beds/Baths: 3/2
$/Sq.Ft:
$1354.4%
Sale Date: 8/30/2024

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