417 Elm St
This analysis was generated on 6/15/2025. 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
$995,000
Fair Range
$940,000 - $1,025,000
Negotiation Leverage
4 points to consider in your offer
Recommended Offer
AI Rationale
Offer reflects market value adjusted for $50K-$60K in necessary renovations and extended DOM. Seller motivation and cooling market support this strategy.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Outdated Kitchen
The kitchen features outdated cabinets and black appliances, which detract from the overall appeal.
Black tile bathroom
The black tile in the bathroom is dated and may not appeal to modern buyers.
Unfinished laundry area
The laundry area appears unfinished and cluttered, lacking proper organization and storage.
Dated bathroom fixtures
The bathroom with the blue walls has a dated pedestal sink and medicine cabinet.
Weathered Wooden Fence
The wooden fence in the backyard is weathered and has some missing or broken sections, indicating a need for repair or replacement.
Peeling Exterior Paint
The paint on the exterior siding is peeling and faded in areas, suggesting the need for a fresh coat of paint to protect the wood and improve the home's curb appeal.
Damaged Roof on Attached Structure
The roof of the small structure attached to the main house appears to be in poor condition, possibly needing repair or replacement to prevent leaks and further damage.
Dining Room Color
The dining room has an outdated color scheme with orange walls, which may not appeal to all buyers.
Faded exterior paint
The exterior paint on the outbuilding appears faded and worn.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Bathroom updates
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
Days on market increasing 9.1% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$944,150
Your price is 5.4% above average
Median Price
$999,900
Based on 6 recent sales
Price per Sq.Ft
$378
Your price is 10.5% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1101 Norris Street, Raleigh, NC 27604 | $999,900 | 2,383 | 3 | 3 | $4200.5% | 4/22/2025 |
| 1409 E Martin Street, Raleigh, NC 27610 | $675,000 | 2,140 | 4 | 3 | $31524.5% | 5/13/2025 |
| 707 Sasser Street, Raleigh, NC 27604 | $1,150,000 | 2,663 | 4 | 3 | $4323.4% | 4/30/2025 |
| 1515 E Jones Street, Raleigh, NC 27610 | $640,000 | 1,950 | 4 | 3 | $32821.4% | 4/1/2025 |
| 620 Wills Forest Street, Raleigh, NC 27605 | $1,300,000 | 2,839 | 5 | 3 | $4589.6% | 4/1/2025 |
| 745 Birch Arbor Circle, Raleigh, NC 27604 | $900,000 | 2,856 | 4 | 3 | $31524.6% | 3/19/2025 |
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 4 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 utility/laundry room connecting the main house to the original kitchen (studio) for proper insulation and ventilation.
Examine the roof of the attached structure mentioned in the Property Condition Analysis for damage and signs of leaks.
Check for sloping floors, especially in older sections of the house.
Questions to Ask
Important questions to ask during the tour
Can you provide documentation of any recent repairs or maintenance done to the roof, especially the roof of the attached structure?
What is the age of the HVAC system (both central air and any wall units) and when were they last serviced?
Given the age of the home, have there been any updates to the electrical panel or wiring? If so, when?
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
Start the Conversation
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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