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8392 Greenwood Rd
Baxter, MN

8392 Greenwood Rd

$259,900
4 bd • 2 ba • 1,736 sf

This analysis was generated by artificial intelligence on 1/15/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$259,900

Price/Sq.Ft

$150

Year Built

1975

AI Property Analysis

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

The Good

This Baxter, MN home offers a spacious 4-bedroom, 2-bathroom layout perfect for families. Located on a generous 0.8-acre lot, the property boasts a park-like backyard ideal for outdoor activities. The walkout basement adds extra living space, enhancing entertainment options. Its proximity to shopping centers, restaurants, and parks makes it a convenient choice for those seeking leisure and amenities. Additionally, the home is owner-occupied with high equity, indicating potential financial stability.

The Bad

The home, built in 1975, may require updates to modernize interiors and improve energy efficiency. Potential buyers should assess the condition of the heating system and insulation given Minnesota's harsh winters.

The Ugly

There are no major red flags or deal-breakers; however, potential buyers should confirm the structural integrity and inspect for any hidden issues typical in older homes.

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 families or individuals looking for a spacious home with a large yard in a suburban setting. It's perfect for those who value proximity to amenities and enjoy outdoor activities.

Not For

This home may not suit buyers looking for new construction or modern design features. Those who prefer urban living with immediate access to city amenities might find the location less appealing.
Demographics
Area Median Income

$0

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Risk Assessment

Risk Analysis

While not in a flood zone, buyers should consider Minnesota's climate challenges, ensuring the home is equipped for winter conditions. Insurance should cover local risks like winter storms. Market volatility in Baxter should be monitored, though the current assessed value suggests a stable investment.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$181,975

-30.0% below list price

Median Price

$215,000

Based on 4 recent sales

Price per Sq.Ft

$104

Comparable Properties

724 SW 4th Street, Waseca, MN 56093
Price: $74,900
Sq.Ft: 1,720
Beds/Baths: 4/2
$/Sq.Ft:
$4470.9%
Sale Date: 12/31/2024
204 SW 5th Street, Brainerd, MN 56401
Price: $215,000
Sq.Ft: 1,568
Beds/Baths: 3/2
$/Sq.Ft:
$1378.4%
Sale Date: 11/15/2024
718 SW 4th Street, Brainerd, MN 56401
Price: $258,000
Sq.Ft: 1,968
Beds/Baths: 4/2
$/Sq.Ft:
$13112.4%
Sale Date: 9/4/2024
TBD Excelsior Road, Baxter, MN 56425
Price: $180,000
Sq.Ft:
Beds/Baths: /
$/Sq.Ft: N/A
Sale Date: 8/8/2024

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