6300 Hosmer Ave
This analysis was generated on 3/28/2025. 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
$112,100
Fair Range
$73,000 - $77,000
Negotiation Leverage
3 points to consider in your offer
Recommended Offer
AI Rationale
Considering the property's condition, needed repairs, and market dynamics, an offer of $74,000 is reasonable. The seller's motivation, given the longer DOM and needed repairs, supports this strategy.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Weathered Wooden Fence
The wooden fence shows signs of weathering and potential rot, suggesting it may need repair or replacement.
Trash Bins at Front
The presence of trash bins at the front of the property detracts from the curb appeal.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
No required renovations identified
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
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 40.0% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$59,550
Your price is 88.2% above average
Median Price
$53,000
Based on 6 recent sales
Price per Sq.Ft
$43
Your price is 92.8% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 3609 E 65th Street, Cleveland, OH 44105 | $134,900 | 1,460 | 2 | 2 | $9211.4% | 3/2/2025 |
| 6923 Fullerton Avenue, Cleveland, OH 44105 | $64,000 | 1,422 | 3 | 2 | $4545.7% | 1/27/2025 |
| 7211 Covert Avenue, Cleveland, OH 44105 | $37,500 | 1,152 | 3 | 2 | $3360.7% | 12/13/2024 |
| 3538 Independence Road, Cleveland, OH 44105 | $28,000 | 1,152 | 3 | 1 | $2470.7% | 2/20/2025 |
| 3419 E 52nd Street, Cleveland, OH 44127 | $39,900 | 1,401 | 4 | 1 | $2865.7% | 12/13/2024 |
| 3455 E 73rd Street, Cleveland, OH 44127 | $53,000 | 1,478 | 3 | 1 | $3656.8% | 1/2/2025 |
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 2 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 foundation for cracks, especially near corners and around utility penetrations.
Inspect the roof for missing, damaged, or curling shingles. Look for signs of moss or algae growth.
Check electrical outlets for proper grounding using an outlet tester.
Questions to Ask
Important questions to ask during the tour
What is the age of the roof, and are there any warranties still in effect?
Have there been any insurance claims filed for this property in the past 5 years?
Were there any material defects discovered during the seller's property condition disclosure?
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
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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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