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838 County Road 3233
Salem, MO

838 County Road 3233

423K
3 bd • 4 ba • 3,540 sf

This analysis was generated by artificial intelligence on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$423,100

Price/Sq.Ft

$120

Year Built

AI Property Analysis

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

The Good

• Sizeable Living Space: At 3,540 sq ft, the property offers ample living space for families or those who desire room to spread out. • Multiple Bathrooms: The presence of 4 bathrooms is a definite plus, particularly for larger households or those who frequently host guests. • Affordable Price per Square Foot: At $119.52 per sq ft, the property appears competitively priced compared to national averages, which hover around $200 per sq ft (depending on location and market conditions). • Potential for Customization: The lack of listed features suggests an opportunity to personalize the property to your specific tastes and needs.

The Bad

• Lack of Property Details: The absence of specific features, room details, and utility information makes it difficult to assess the property's value and suitability. • Unknown Year Built: The missing year built raises concerns about the home's age and potential maintenance needs. Older homes may have outdated systems or structural issues. • No Property Description: The lack of a description hinders understanding the property's layout, condition, and unique selling points. • Limited Market Insights: The absence of median income and rental rate data makes it challenging to evaluate the property's investment potential.

The Ugly

• Undisclosed Issues: The limited information available increases the risk of discovering significant problems after purchase (e.g., structural damage, code violations). • High Renovation Costs: Given the unknown condition and lack of updates, potential renovation costs could be substantial, exceeding initial budget estimates. • Market Uncertainty: The absence of local market data makes it difficult to determine if the asking price is justified. The property may be overvalued relative to comparable sales. • Potential for Hidden Liens or Encumbrances: A title search is crucial to uncover any undisclosed liens, easements, or other encumbrances that could affect ownership.

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 Large Home in a Rural Setting: The property's size (3,540 sq ft) and likely rural location in Salem, MO, suits those desiring ample living space away from urban centers. • Purchasers Prioritizing Multiple Bathrooms: With 4 bathrooms, the house is well-suited for larger families or those who value having extra facilities for guests. • Individuals Looking for Properties with Potential for Customization: Given the lack of detailed features, the property is ideal for buyers who wish to personalize their living space to their specific tastes and needs. • Buyers Comfortable with Older Homes: Since the year built is unknown, it is best for someone comfortable with older homes and the potential maintenance that comes with that.

Not For

• Buyers Seeking Modern, Move-In Ready Homes: With no property details and an unknown build year, this home may require significant updates or renovations. • Individuals Prioritizing Specific Amenities: The lack of listed features means buyers with particular needs (e.g., a garage, updated kitchen, or specific landscaping) may find this property unsuitable. • Those Uncomfortable with Potential Renovation Projects: The absence of property details suggests potential underlying issues that may require extensive and costly renovations. • Buyers on a Strict Budget: Without knowing the condition of the property, unforeseen repairs could strain a tight budget.
Demographics
Area Median Income

$0

Risk Assessment

Risk Analysis

• Unknown Property Condition: The lack of details raises concerns about the property's overall condition. A thorough inspection is essential to identify potential issues (foundation, roof, systems). • Unclear Renovation Costs: Without property specifics, estimating renovation costs is challenging. Budget a significant contingency fund for unforeseen expenses. • Limited Market Insight: The absence of market data makes it difficult to assess if the asking price is justified. Research comparable sales thoroughly. • Undefined Utility Costs: With no utility information available, budgeting for monthly expenses is challenging. Contact local providers for estimates based on property size. • Potential for Undisclosed Issues: The limited information increases the risk of discovering undisclosed issues (e.g., environmental hazards, zoning restrictions) after purchase.

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