617 Cascade Rd

385K

3 beds

2 baths

1,850 sqft

3 bd • 2 ba • 1,850 sf

This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$384,900

Price/Sq.Ft

$208

Year Built

1930

AI Property Analysis

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

The Good

• Charming all-brick construction provides durability and classic curb appeal, a desirable feature in Pittsburgh's older neighborhoods. • The updated kitchen with stainless appliances, granite countertops, and subway backsplash offers a modern touch that appeals to many buyers. These upgrades typically add $5,000-$10,000 in value compared to outdated kitchens. • The presence of hardwood flooring throughout the home is a desirable feature, adding warmth and character. Refinishing hardwood floors can cost $3-$8 per square foot, so existing hardwood is a plus. • Multiple outdoor spaces, including a deck and fenced-in backyard, enhance the living experience and offer opportunities for entertaining and relaxation. Decks typically add 10-15% to a home's value. • The inclusion of an electric plug for vehicle charging is a modern amenity that appeals to environmentally conscious buyers and adds convenience. Installation of an EV charger can cost $500-$1,000.

The Bad

• The schools in the area have low ratings. Edgewood El School is rated 3/10 and DICKSON PREP STEAM ACADEMY is rated 2/10. This could be a concern for families with children. • At $208.05 per square foot, the price is slightly above the Pittsburgh average of around $180-$200 per square foot for similar homes in comparable neighborhoods. This could indicate overpricing or premium features that may not appeal to all buyers. • The property history shows a 33.9% price increase since it last sold in 2023. While appreciation is good, such a steep increase in a short time might suggest the current price is inflated or that it may stagnate in the near future. • The age of the home (built in 1930) means potential for higher maintenance costs compared to newer constructions. Older homes often require more frequent repairs to plumbing, electrical, and HVAC systems.

The Ugly

• Moderate air quality risk (4/10) and heat risk (3/10) may require additional investment in air purifiers and efficient cooling systems, adding to the overall cost of ownership. Air purifiers can range from $100-$500, and upgrading to a high-efficiency AC unit can cost $3,000-$7,000. • The property history shows frequent listing and contingent statuses, which could indicate past issues with inspections or financing that fell through. This warrants a thorough inspection to identify any underlying problems. • The estimated insurance cost of $1385.64/year is on the higher end compared to the national average, which is around $1200/year for similar homes. This could be due to the age of the home or other factors that increase risk. • The school ratings are quite low, which may significantly affect resale value if the trend continues. Properties in areas with good schools tend to appreciate faster and hold their value better.

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

• Buyers seeking a move-in ready home with updated kitchen features such as stainless appliances and granite countertops. • Individuals who appreciate classic architectural details like hardwood flooring, cedar closets, and built-in linen cabinets. • Those who value outdoor living spaces, including multiple areas for entertaining and a fenced-in backyard. • Buyers looking for a home with convenient parking, including an electric plug for EV charging. • People who desire easy access to major transportation routes like 376 for commuting.

Not For

• Buyers who require extensive renovations or customizations, as the home is already move-in ready with recent updates. • Those seeking a large lot size or significant expansion possibilities, as the property offers a standard-sized fenced-in backyard. • Individuals who prefer a brand-new construction with modern amenities throughout. • Buyers who need top-rated schools, as the local schools have average ratings (3/10 and 2/10). • People who want a house with low property appreciation, given the recent 33.9% price increase.

Demographics

Area Median Income

$47,025

Property History

Price History

Ownership Timeline

$287,500Financed

Jan 13, 2023

Molly K Kemp, Ryan A KempKelli Elizabeth Horan, Phillip Michael Lybrand

Warranty Deed