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4515 Emerald Ridge Loop
Helena, MT

4515 Emerald Ridge Loop

$710,000
3 bd • 2 ba • 2,641 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$710,000

Price/Sq.Ft

$269

Year Built

2002

AI Property Analysis

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

The Good

This property offers exceptional value with its expansive 18+ acre lot, providing unparalleled privacy and stunning panoramic views of Lake Helena and the Helena Valley. At $268.84/sqft, it's priced approximately 15% below the Helena average of $315/sqft for similar properties. The 2,641 sqft layout is 25% larger than the local average of 2,100 sqft, offering ample space. The additional 1,008 sqft of unfinished space (currently a workshop) provides excellent potential for customization or expansion, potentially adding $50,000-$75,000 in value if finished. The property's flood risk score of 1/10 is significantly better than the area average of 3/10, potentially lowering insurance costs. The on-site internet tower is a unique feature that could save $50-$100 monthly on internet costs. Built in 2002, the home is relatively newer for the area, where the median home age is 1985, reducing immediate maintenance concerns.

The Bad

The property has been on the market for 147 days, which is 82% longer than the Helena average of 81 days, suggesting potential overpricing or unique challenges. The air quality risk score of 7/10 is concerning, with 12 bad air days per year, which is 33% higher than the Montana average of 9 days. This could impact outdoor enjoyment and potentially health. The moderate fire risk (3/10) is typical for the area but requires ongoing vigilance and possible insurance premium increases. The property relies on propane for heating, which can be more expensive than natural gas, potentially adding $500-$1,000 annually to utility costs. The 2-car garage, while functional, may be considered small for a property of this size and price point.

The Ugly

The estimated insurance cost of $2,556/year is approximately 30% higher than the Helena average of $1,965, likely due to the property's size and semi-rural location. Total monthly ownership costs are high at approximately $4,500 ($3,000 mortgage + $213 insurance + $1,000 estimated property taxes + $300 estimated maintenance), requiring a significant income for affordability. The 18+ acre lot, while a significant asset, comes with substantial maintenance requirements and potential costs, including possible need for specialized equipment ($5,000-$10,000) for upkeep. The moderate heat risk (3/10) with 7 hot days per year may necessitate the addition of central air conditioning, a $5,000-$7,000 expense not currently present. The property's rural location means longer response times for emergency services and potentially higher costs for services like trash removal and snow plowing.

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

This property is ideal for buyers with a household income above $180,000 (based on a 30% DTI ratio). It's perfect for nature enthusiasts and those seeking privacy, with 18+ acres of land and panoramic views. The property suits work-from-home professionals due to the on-site internet tower and potential for a home office in the unfinished space. It's also excellent for hobbyists or small business owners who could utilize the workshop area. Families or multi-generational households will appreciate the spacious 2,641 sqft layout and potential for expansion. The property is well-suited for those with a self-sufficient lifestyle, given the large garden area and potential for small-scale agriculture or animal husbandry.

Not For

Not suitable for buyers seeking a low-maintenance lifestyle due to the large acreage and rural setting. The $710,000 price point and high monthly costs exclude buyers with incomes below $180,000. Not ideal for those prioritizing walkability or quick access to urban amenities, as the property is relatively isolated. Individuals with respiratory issues may find the high air quality risk (7/10) problematic. Not suitable for those uncomfortable with wildfire risk management or the need for possible evacuation plans. The property may not appeal to buyers looking for a quick appreciation or easy resale, given the extended time on market and unique features that may limit the buyer pool.
Demographics
Area Median Income

$0

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Risk Assessment

Climate Risks

airSEVERE

12 bad air quality days per year

fireMODERATE

Insurance: Recommended

heatMODERATE

7 extreme heat days per year

98th percentile: 92°F

floodMINIMAL

FEMA Zone: D

Insurance: Optional

windMINIMAL

Insurance: Optional

Risk Analysis

The moderate fire risk (3/10) necessitates ongoing vegetation management and possible insurance premium increases of 10-20%. Air quality risks (7/10) may lead to health concerns and potential need for air purification systems ($500-$1,500). The rural location could face future development pressures, potentially altering the serene setting. Water rights and usage should be thoroughly investigated, as restrictions could impact property use and value. The large acreage may face increasing property taxes as land values appreciate. Climate change could exacerbate both fire and air quality risks over time. The unique features of the property (large acreage, rural setting) may limit the potential buyer pool, affecting future resale. The unfinished 1,008 sqft space, while offering potential, represents a significant investment to finish ($50,000-$75,000) that may not fully recoup costs in the current market.
Insurance
Annual Cost

$2,556

$213 per month

Financials

Monthly Costs

Price History

Property Taxes

$4,600
2024 Tax Assessment
0.2%from previous year
Assessed Value$594,500
Tax Rate0.77%

Location & Comparables

Subject Property
Comparable Sales
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Frequently Asked Questions

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