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920 Superior Ave
Washburn, WI

920 Superior Ave

$389,900
3 bd • 1 ba • 1,388 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

$389,900

Price/Sq.Ft

$281

Year Built

1970

AI Property Analysis

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

The Good

This charming property offers 87 feet of Lake Superior frontage, providing breathtaking views and a serene environment. The home is filled with vintage charm, featuring a wood-burning fireplace and spacious living areas. The detached garage provides ample workspace and storage, and the seller will install a new drilled well. Proximity to downtown Washburn and recreational activities makes it ideal for those seeking a lakeside lifestyle.

The Bad

The home was built in 1970, which may mean updates are needed, particularly in electrical systems and insulation. With only one bathroom, the layout might not be suitable for larger families or those who frequently host guests.

The Ugly

The property is located in a flood zone, albeit a minimal hazard area, which could impact insurance costs and require additional precautions or modifications to the home.

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 best for individuals or couples seeking a peaceful lakeside retreat with vintage charm. It's ideal for those who appreciate historic homes and enjoy outdoor activities like boating and fishing, as well as those looking for a second home or vacation property.

Not For

This property may not be suitable for large families or those needing more than one bathroom. It might not appeal to buyers looking for a modern, updated home or those who are uncomfortable with potential flood risks.
Demographics
Area Median Income

$0

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Risk Assessment

Risk Analysis

The primary risk is the property's location in a flood zone, which could affect insurance rates and require flood-proofing measures. Additionally, the older construction may present issues with outdated systems or potential maintenance needs. Buyers should consider the cost of these factors in their decision.

Financials

Monthly Costs

Location & Comparables

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Frequently Asked Questions

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