409-411 Hoffman St
This analysis was generated on 6/18/2025. 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
$265,000
Fair Range
$230,000 - $240,000
Negotiation Leverage
3 points to consider in your offer
Recommended Offer
AI Rationale
The offer reflects the fair value range, considering renovation costs and market dynamics. The quick listing (1 day on market) may indicate seller motivation, but the property's attractive location and investment potential could balance this.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Worn Porch
The front porch shows signs of wear and could benefit from refinishing or repainting.
Worn Carpet
The carpet in the bedrooms appears dated and worn.
Outdated Kitchen
The kitchen features outdated countertops and backsplash.
Outdated Bathroom
The bathroom has outdated tile and fixtures.
Drop Ceiling
The drop ceiling in the upstairs rooms is outdated and lowers the ceiling height.
Old Carpet
The carpet in the upstairs rooms is old and worn.
Worn Front Porch
The front porch has peeling paint and appears worn.
Outdated Half Bathroom
The half bathroom is outdated with old fixtures and finishes.
Dated Kitchen Finishes
The kitchen has dated backsplash and countertops.
Outdated Vanity
Bathroom vanity and fixtures are outdated.
Dated Half Bath
The half bathroom has dated fixtures and finishes.
Dated Lighting
Bathroom lighting is dated and inefficient.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Replace Carpet in Upstairs Rooms
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 27.3% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 3 comparable properties nearby
Average Price
$115,000
Your price is 130.4% above average
Median Price
$100,000
Based on 3 recent sales
Price per Sq.Ft
$75
Your price is 73.2% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 435 W Clinton Street, Elmira-City, NY 14901 | $100,000 | 1,953 | N/A | N/A | $5160.6% | 2/12/2025 |
| $215,000 | 2,180 | 4 | 3 | $9924.1% | 1/29/2025 | |
| $30,000 | N/A | N/A | N/A | N/A | 1/29/2025 |
Schools
Details about nearby schools in this area
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 3 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
Inspect the foundation for cracks, especially around the corners and where the garage attaches to the main structure.
Inspect the attic for proper insulation, ventilation, and signs of leaks or mold. Pay attention to the roof decking and rafters.
Test all electrical outlets and light fixtures in both units to ensure they are functioning correctly. Check for any signs of exposed wiring or outdated electrical panels.
Inspect the heating systems (gas and 'other') in both units. Check for proper operation, signs of rust or corrosion, and any unusual noises or smells.
Check the basement (if any) for signs of water intrusion, such as water stains, efflorescence (white mineral deposits), or musty odors.
Questions to Ask
Important questions to ask during the tour
Can you provide documentation of any recent repairs or upgrades to the roof, heating systems, plumbing, or electrical systems?
Are there any known issues with water intrusion, mold, pests, or other environmental concerns in either unit?
Given the moderate flood risk, have any flood mitigation measures been implemented on the property, and is flood insurance required?
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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