Score
0Seattle, WA
8107 8th Ave NE
916K
3 beds
2 baths
1,460 sqft
3 bd • 2 ba • 1,460 sf
This analysis was generated on 2/9/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$916,100
Price/Sq.Ft
$627
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Location: Situated in the desirable Northeast Seattle area, the property benefits from proximity to local amenities, parks, and transportation options.
• Lot Size: The 1,460 square foot house likely sits on a lot size typical for the area, potentially offering outdoor space and gardening opportunities. (Verify lot size separately)
• Three Bedrooms, Two Bathrooms: This configuration is generally attractive to families and individuals needing extra space for guests or home offices.
• Classic Architectural Style: Based on the image, the house exhibits a charming, traditional style that is common in Seattle neighborhoods, which may appeal to some buyers.
The Bad
• Unknown Build Year: The missing build year makes it difficult to assess the property's condition and potential maintenance needs. Older homes may require significant updates to meet modern standards and codes.
• Lack of Property Information: The absence of a property description and room details makes it challenging to evaluate the layout, features, and overall suitability of the home. Buyers may need to rely heavily on a physical inspection to gather essential information.
• No Listed Features: The lack of listed features makes it difficult to assess the property's amenities and upgrades. Potential buyers will need to investigate the presence and condition of appliances, fixtures, and other key features.
• High Price per Square Foot: At $627.47 per square foot, the property is priced above the Seattle average. This may indicate that the property is overpriced or requires significant updates to justify the price.
The Ugly
• Potential for Hidden Issues: The lack of information about the property's age, condition, and systems raises the risk of encountering costly hidden problems, such as outdated wiring, plumbing issues, or structural defects.
• High Cost of Ownership: In addition to the high purchase price, potential buyers must factor in property taxes, insurance, and potential renovation costs. These expenses can significantly increase the overall cost of ownership.
• Competitive Market Risks: Seattle's competitive market may pressure buyers to waive contingencies or offer above the asking price, increasing the risk of overpaying or overlooking critical issues.
• Limited Sunlight in Winter: Seattle's climate is characterized by short days and limited sunlight during the winter months. This can impact mood and energy levels, particularly for those sensitive to seasonal changes.
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 Classic Seattle Home: The house offers a traditional aesthetic, potentially appealing to those who appreciate the city's architectural history.
• Buyers Comfortable with Potential Renovation: Given the unknown build year and lack of listed features, the property is well-suited for those looking to customize and update a home to their specific tastes.
• Buyers Prioritizing Location in Northeast Seattle: The 8th Ave NE address places the property in a desirable area, convenient to local amenities and transportation options.
• Buyers Who Appreciate Landscaping: Based on the image, the property has existing landscaping and garden beds, which is attractive for people who enjoy outdoor spaces.
Not For
• Buyers Seeking a Move-In Ready Home: The lack of listed features and unknown build year suggests potential updates or renovations may be needed, making it less suitable for those seeking a turnkey property.
• Buyers with Limited Budgets: At $627.47 per square foot, the property is priced above the Seattle average. Combined with potential renovation costs, it may not be ideal for budget-conscious buyers.
• Buyers Requiring Detailed Property Information Upfront: The absence of a property description, room details, and utility information may deter buyers who prefer comprehensive information before considering a property.
• Buyers Seeking Modern Amenities: Without knowing the age or updates, the house may lack modern amenities such as energy-efficient windows, updated appliances, or smart home technology.
Demographics
Area Median Income
$0
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (3 bed)
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$916,100
Price/sqft
$627
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$844,208
8.5%
Your price is 8.5% above average
Median Price
$795,000
15.2%
Based on 6 recent sales
Price per Sq.Ft
$578
8.6%
Your price is 8.6% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1735 NE 89th Street #A, Seattle, WA 98115 | $755,249 | 1,401 | 3 | 2 | $53914.1% | 12/17/2024 |
| 7029 16th Avenue NE, Seattle, WA 98115 | $795,000 | 1,500 | 4 | 2 | $53015.5% | 11/22/2024 |
| 6412 1st Avenue NE, Seattle, WA 98115 | $1,100,000 | 1,440 | 3 | 2 | $76421.7% | 11/2/2024 |
| 150 NE 95th Street #407, Seattle, WA 98115 | $680,000 | 1,543 | 2 | 2 | $44129.8% | 11/14/2024 |
| 9060 Burke Avenue N, Seattle, WA 98103 | $965,000 | 1,500 | 3 | 2 | $6432.5% | 10/23/2024 |
| 9253 Densmore Avenue N, Seattle, WA 98103 | $770,000 | 1,404 | 3 | 2 | $54812.6% | 10/10/2024 |
1735 NE 89th Street #A, Seattle, WA 98115
Price: $755,249
Sq.Ft: 1,401
Beds/Baths: 3/2
$/Sq.Ft:
$53914.1%
Sale Date: 12/17/2024
7029 16th Avenue NE, Seattle, WA 98115
Price: $795,000
Sq.Ft: 1,500
Beds/Baths: 4/2
$/Sq.Ft:
$53015.5%
Sale Date: 11/22/2024
6412 1st Avenue NE, Seattle, WA 98115
Price: $1,100,000
Sq.Ft: 1,440
Beds/Baths: 3/2
$/Sq.Ft:
$76421.7%
Sale Date: 11/2/2024
150 NE 95th Street #407, Seattle, WA 98115
Price: $680,000
Sq.Ft: 1,543
Beds/Baths: 2/2
$/Sq.Ft:
$44129.8%
Sale Date: 11/14/2024
9060 Burke Avenue N, Seattle, WA 98103
Price: $965,000
Sq.Ft: 1,500
Beds/Baths: 3/2
$/Sq.Ft:
$6432.5%
Sale Date: 10/23/2024
9253 Densmore Avenue N, Seattle, WA 98103
Price: $770,000
Sq.Ft: 1,404
Beds/Baths: 3/2
$/Sq.Ft:
$54812.6%
Sale Date: 10/10/2024
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