983 Monroe St

• Hardwood Flooring: Classic hardwood flooring throughout the main living areas adds warmth and value • Updated Bathroom Vanity: Modern vanity with double sinks and updated fixtures enhances the bathroom's appeal • Updated Kitchen: The updated kitchen with modern appliances and countertops increases the home's desirability • Hardwood Floors • Updated Kitchen • Updated Bathroom • Built-in Storage • Price Position: At $337.54 per square foot, the property is priced above the median price per square foot for the 97402 zip code ($293). • Appreciation Trend: Homes in 97402 have sold for 1.3% more than they did a year ago, indicating moderate appreciation. • Negotiation Opportunity: The property has been on the market for 53 days, which is above average for a seller's market, suggesting potential negotiation leverage. • Investment Opportunity: After $5,000 in renovations, potential $15,000 equity gain (300.0% ROI) • Rental Income: $1,738/month with 90% occupancy (0.0% cap rate) • Schools: Average school ratings may slightly depress property values compared to areas with top-rated schools. Expect a potential 3-5% reduction compared to homes in areas with 8+/10 schools. • Future Development: The property is near the heart of the Friendly neighborhood and close to the Whitaker neighborhood, known for its shops and restaurants. This suggests limited large-scale development nearby, preserving the existing character. • The large windows in the living room provide ample natural light. The bedrooms also appear to have good natural light. • The layout appears functional, with good flow between the living spaces. The bedrooms are adequately sized, and the built-in storage is a plus.