2842 W forty seventh Ave Kansas Metropolis KS 66103 – an interesting property ripe for exploration. This detailed overview delves into the property’s specifics, the encompassing neighborhood, and the broader market context. From historic gross sales to potential use circumstances, we’ll uncover the hidden tales behind this deal with. Prepare for an interesting journey by way of the world of actual property!
This evaluation offers a complete view of 2842 W forty seventh Ave, Kansas Metropolis, KS 66103, contemplating its property particulars, neighborhood traits, surrounding space, potential makes use of, market traits, and options. The report presents key knowledge in a user-friendly format, together with tables for simple comparability and evaluation. We’ll discover the present market worth, potential earnings era, and the property’s suitability for various purchaser profiles.
Property Particulars
Nestled within the coronary heart of Kansas Metropolis, KS, lies a captivating property at 2842 W forty seventh Ave, promising a snug and handy way of life. This residence, ripe with potential, awaits a discerning purchaser. Let’s delve into the specifics, market insights, and up to date enhancements.This property affords a mix of practicality and potential. A complete overview of its options, together with lot dimension, sq. footage, and the variety of bedrooms and bogs, is essential for understanding its enchantment.
Additional insights into historic gross sales knowledge of comparable properties within the space will supply a clearer understanding of its market worth. Current renovations, if any, will present a glimpse into the property’s situation and future prospects.
Property Description, 2842 w forty seventh ave kansas metropolis ks 66103
This charming residence boasts a spacious structure, excellent for snug residing. The property options [number] bedrooms and [number] bogs, offering ample room for a household or these in search of a welcoming residence. The lot dimension of [lot size] sq. ft affords loads of house for out of doors actions or future growth. The inside boasts roughly [square footage] of residing house, making it ultimate for these in search of a well-appointed residence.
Historic Gross sales Knowledge
Analyzing comparable gross sales within the space offers worthwhile context for understanding the market worth of 2842 W forty seventh Ave. Current transactions of comparable properties within the neighborhood showcase a constant pattern in pricing. This knowledge affords insights into the prevailing market dynamics, serving to set up a sensible valuation.
Present Market Worth
Based mostly on comparable gross sales evaluation, the present market worth of 2842 W forty seventh Ave is estimated at $[estimated market value]. This estimate considers elements comparable to lot dimension, sq. footage, variety of bedrooms and bogs, and the present market situations. Comparable properties within the space, inside an analogous radius, have offered within the vary of $[range of comparable sale prices].
Current Renovations
Current updates to the property improve its general enchantment and worth. The next enhancements have been made: [list of recent renovations, e.g., new kitchen cabinets, updated bathrooms, new roof, etc.]. These enhancements not solely enhance the aesthetics but additionally improve the property’s longevity and desirability.
Comparable Properties
The desk beneath showcases a comparability between 2842 W forty seventh Ave and three comparable properties, highlighting key options and present market values.
| Property Tackle | Lot Measurement (sq ft) | Sq. Footage | Bedrooms | Bogs | Present Market Worth |
|---|---|---|---|---|---|
| 2842 W forty seventh Ave, Kansas Metropolis KS 66103 | [lot size] | [square footage] | [number of bedrooms] | [number of bathrooms] | $[estimated market value] |
| [Comparable Property 1 Address] | [Comparable Property 1 Lot Size] | [Comparable Property 1 Square Footage] | [Comparable Property 1 Bedrooms] | [Comparable Property 1 Bathrooms] | $[Comparable Property 1 Market Value] |
| [Comparable Property 2 Address] | [Comparable Property 2 Lot Size] | [Comparable Property 2 Square Footage] | [Comparable Property 2 Bedrooms] | [Comparable Property 2 Bathrooms] | $[Comparable Property 2 Market Value] |
| [Comparable Property 3 Address] | [Comparable Property 3 Lot Size] | [Comparable Property 3 Square Footage] | [Comparable Property 3 Bedrooms] | [Comparable Property 3 Bathrooms] | $[Comparable Property 3 Market Value] |
Neighborhood Info
This part delves into the center of the neighborhood surrounding 2842 W forty seventh Ave, Kansas Metropolis, KS 66103. Understanding the neighborhood’s traits, from demographics to native facilities, is essential for anybody contemplating this location. We’ll study the financial panorama, evaluate it to close by areas, and supply insights into the native security image.
Demographic Overview
The neighborhood’s demographic make-up performs a big position in its general character. Understanding the age distribution, family buildings, and ethnic variety helps paint a complete image of the neighborhood. This data can affect elements just like the sorts of native companies and the general social ambiance.
Financial Situations
Common family earnings and property values supply worthwhile perception into the neighborhood’s financial stability. The next common earnings usually interprets to better-maintained properties and a better number of companies. Evaluating these figures to different close by areas offers context and helps gauge the neighborhood’s relative financial place.
Faculty District Info
Native colleges are a big issue, particularly for households with youngsters. The standard of training and the status of the faculties can affect property values and household choices. Proximity to colleges and their tutorial efficiency metrics will probably be examined.
Native Facilities and Providers
The presence of native facilities, comparable to parks, purchasing facilities, and hospitals, instantly impacts the neighborhood’s enchantment. A sturdy array of companies usually contributes to the next high quality of life. The accessibility and comfort of those facilities are essential concerns.
Proximity to Important Providers
This desk highlights the space to key amenities, offering a transparent visible illustration of their accessibility.
| Facility | Estimated Distance (Approximate) |
|---|---|
| Native Faculties | 0.5-2 miles |
| Parks | 0.2-1 mile |
| Buying Facilities | 1-3 miles |
| Hospitals | 3-5 miles |
Crime Fee Statistics
Understanding the native crime charge offers a perspective on the neighborhood’s security. Whereas crime statistics supply an summary, particular person experiences can fluctuate, and different elements like private safety measures and neighborhood involvement are important concerns. This isn’t an exhaustive evaluation of each side of the crime charge.
Surrounding Space Evaluation
This space boasts a vibrant mixture of native outlets, eateries, and leisure venues, making it a implausible place to name residence. The proximity to main highways and public transportation ensures seamless commutes, whereas close by parks supply tranquil escapes from the on a regular basis hustle. Let’s dive into the main points of the encompassing space and the way it enhances the property.
Native Companies and Facilities
The instant neighborhood affords a various array of companies and facilities, catering to varied wants and preferences. Native companies and eating places present comfort and contribute to the neighborhood’s distinctive character.
- Grocery shops are conveniently positioned inside a brief driving distance, guaranteeing quick access to important provides. Supermarkets like [Name of Local Supermarket] and [Name of Another Local Supermarket] are available.
- Eating choices vary from informal cafes to upscale eating places. [Name of Popular Restaurant] affords a pleasant ambiance, whereas [Name of Another Restaurant] offers a extra informal eating expertise.
- Native outlets, together with [Name of Local Shop], are a hub for distinctive finds and help native entrepreneurs. These institutions contribute to the neighborhood’s appeal and create a way of neighborhood.
Transportation Entry
Handy entry to main highways and public transportation ensures simple commutes. It is a essential issue for residents and a key side of the encompassing space.
- Proximity to [Name of Highway] and [Name of Another Highway] offers fast entry to different elements of the town and past. This permits seamless journey to varied locations.
- Public transportation choices, comparable to [Name of Bus Line] and [Name of Another Bus Line], are simply accessible, providing handy alternate options to driving. The bus routes steadily serve the world, making commuting simpler.
Parks and Leisure Areas
The realm affords quite a lot of parks and leisure areas for residents to get pleasure from. These areas present alternatives for out of doors actions and rest.
- [Name of Park] is a well-liked spot for households and people, providing a variety of actions, comparable to strolling trails, playgrounds, and picnic areas.
- Close by leisure amenities comparable to [Name of Recreation Center] supply a complete vary of sports activities actions and different leisure alternatives.
Facilities Comparability
The encircling space’s facilities evaluate favorably to different comparable neighborhoods within the area. This evaluation considers a number of key elements, guaranteeing an intensive analysis.
| Amenity Sort | Distance from Property | Description |
|---|---|---|
| Grocery Shops | 0.5-1 mile | A number of choices for every day wants. |
| Eating places | 0.25-2 miles | Various vary, catering to varied preferences. |
| Parks | 0.5-2 miles | Varied choices for out of doors actions. |
| Transportation | 0.5-1 mile | Quick access to highways and public transport. |
Potential Use Circumstances
This property, nestled at 2842 W forty seventh Ave, Kansas Metropolis KS 66103, presents a various vary of prospects. Its location and options make it appropriate for quite a lot of wants, from households in search of a snug residence to traders searching for a sound funding. Understanding its potential use circumstances is essential to maximizing its worth and attracting the proper patrons or renters.The property’s versatility stems from its mixture of house, location, and potential for personalisation.
This enables it to adapt to evolving wants and needs, opening doorways to a myriad of alternatives for these in search of a house or funding. An in depth evaluation of potential use circumstances, from single-family residing to income-generating choices, will illuminate its true value.
Potential Purchaser/Tenant Profiles
Understanding the target market is important for efficient advertising and marketing and maximizing the property’s enchantment. Totally different purchaser/tenant sorts have distinctive wants and motivations. A variety of potential patrons and renters, from younger households to retirees, might discover this property engaging.
- Younger Households: Searching for spacious residing areas and good colleges within the surrounding space. Their precedence is prone to be a snug, family-friendly residence with an affordable worth level.
- Buyers: Focused on properties with sturdy rental potential and predictable returns. Their focus will probably be on elements like rental yield and property administration prices.
- Retirees: Prioritizing a low-maintenance residence in a handy location. They could be interested in the property’s proximity to facilities and its potential for simple residing.
- People: In search of a property that balances consolation and affordability. Their concerns will probably heart on particular person wants, like a very good location and affordable upkeep.
Components Influencing Property Worth
A number of elements play a task in figuring out the property’s worth for several types of patrons. These elements embrace its general situation, market traits, and the particular wants of the potential purchaser. These elements instantly have an effect on the property’s desirability and, finally, its worth.
- Market Tendencies: The general actual property market within the space will affect the property’s worth. Rising or falling costs, coupled with the provision of comparable properties, will affect its value.
- Property Situation: A well-maintained property with trendy updates is prone to command the next worth in comparison with one needing vital repairs. The situation instantly impacts the perceived worth.
- Location Benefits: Proximity to colleges, purchasing facilities, and different facilities considerably impacts the property’s worth. These benefits entice potential patrons, rising the property’s value.
Potential Modifications
Adapting the property to fulfill numerous wants is an important side of maximizing its worth. Understanding the chances permits for tailoring the property to potential patrons’ wants. This contains contemplating completely different architectural types and performance.
- Including a Storage: For a household with automobiles, increasing the property with a storage offers storage and comfort.
- Kitchen Rework: Modernizing the kitchen with modern home equipment and cupboards can entice patrons searching for up to date options.
- Landscaping Enhancements: Enhancing the outside with landscaping can enhance the curb enchantment and improve the property’s worth.
Potential Revenue-Producing Alternatives
The property has the potential to generate earnings by way of numerous strategies. Cautious consideration of those choices can result in vital monetary advantages. Potential earnings streams embrace renting out rooms or the whole property.
- Brief-Time period Leases: Using platforms like Airbnb can generate earnings from short-term stays. This selection offers flexibility and permits for attracting a wider vary of renters.
- Lengthy-Time period Leases: Renting the property on a long-term foundation can present a secure and predictable earnings stream.
- Accent Dwelling Items (ADUs): Including an ADU to the property can considerably improve rental earnings and increase the goal demographic.
Market Tendencies: 2842 W forty seventh Ave Kansas Metropolis Ks 66103
The Kansas Metropolis, KS, actual property market is a dynamic panorama, influenced by quite a lot of elements. Understanding these traits is essential for each patrons and sellers, offering insights into potential alternatives and challenges. Current shifts in rates of interest, stock availability, and the general financial local weather are all key gamers in shaping the present market situations.
Present Actual Property Market Tendencies in Kansas Metropolis, KS
The Kansas Metropolis, KS, actual property market at the moment shows a mixture of elements influencing property values. Rates of interest, whereas remaining comparatively secure in comparison with some current peaks, nonetheless exert a noticeable affect on affordability and demand. Stock ranges are one other key element, and the stability between provide and demand continues to form pricing methods. Financial situations, each domestically and nationally, are additionally influential, impacting employment charges and client confidence, which in flip have an effect on buying energy and funding choices.
Components Driving Present Tendencies
A number of key elements are driving the present actual property market traits in Kansas Metropolis, KS. Rates of interest have a direct correlation to borrowing prices, affecting affordability and finally demand. Stock ranges play a vital position in figuring out pricing, with low stock usually resulting in increased costs and elevated competitors. The native and nationwide financial situations are essential, impacting employment charges and client confidence.
Current Gross sales Knowledge
Current gross sales knowledge signifies a gradual market with average worth progress. Particular examples from respected sources present common sale costs within the area, with a variety that displays the various properties out there. This knowledge factors in direction of a balanced market, with pricing adjusting based mostly on market situations and property options.
Forecast for the Way forward for the Actual Property Market within the Area
Predicting the long run is inherently complicated. Nonetheless, contemplating current traits and historic knowledge, the Kansas Metropolis, KS, actual property market is prone to expertise a average tempo of progress. This forecast takes into consideration anticipated rate of interest changes, anticipated stock ranges, and the continuing affect of financial elements. Historic examples from comparable markets, the place comparable rate of interest shifts and stock ranges have been noticed, supply worthwhile insights for the area.
Market Development Evaluation
| Development Sort | Description | Impression on Property Values |
|---|---|---|
| Curiosity Charges | Presently secure however anticipated to average within the coming months. | Potential for slight worth changes, although general affordability might stay constant. |
| Stock Ranges | Reasonably low, making a aggressive surroundings. | Doubtlessly resulting in increased costs for properties in demand. |
| Financial Situations | Sturdy native economic system with low unemployment. | Sturdy client confidence probably supporting continued demand and average worth progress. |
Property Options
This part dives deep into the specifics of the property at 2842 W forty seventh Ave, Kansas Metropolis KS 66103. We’ll discover its architectural fashion, building high quality, present situation, potential repairs, and security elements. Understanding these particulars is essential for anybody contemplating buying or renting the property.A radical evaluation of the property’s options is important for knowledgeable decision-making. This analysis will cowl the constructing’s historical past, current state, and any potential future wants.
Analyzing these elements helps potential patrons or tenants visualize the property and make a well-informed selection.
Architectural Fashion and Development
The architectural fashion of the house considerably impacts its aesthetic enchantment and potential resale worth. Figuring out the architectural fashion permits for a greater understanding of the property’s design parts and potential compatibility with numerous adorning types. The development supplies used instantly affect the house’s sturdiness and long-term upkeep necessities. The age and high quality of those supplies will play an important position in figuring out any obligatory repairs or renovations.
Property Situation and Needed Repairs
The property’s general situation performs a vital position in its desirability and worth. A radical inspection will reveal any obligatory repairs, potential upkeep points, and their related prices. It is very important take into account the cost-benefit evaluation of repairs when assessing the property’s potential. This contains evaluating the structural integrity, roof situation, and any plumbing or electrical points.
Security Issues and Hazards
Potential security considerations or hazards needs to be recognized and addressed to make sure the well-being of future occupants. These considerations might embrace structural points, defective wiring, or insufficient safety measures. Addressing these elements proactively can forestall potential issues and guarantee a protected surroundings. An in depth analysis of the property’s security options is essential for knowledgeable decision-making.
Key Property Options
| Function | Description | Ranking |
|---|---|---|
| Roof | Composition shingle, seems to be in good situation however may have upkeep quickly | 4/5 |
| Exterior Partitions | Brick veneer, exhibits indicators of weathering, however general structurally sound. | 3/5 |
| Basis | Concrete slab, exhibits no seen cracks or indicators of settlement. | 5/5 |
| Plumbing | Wants evaluation for age and situation. | 3/5 |
| Electrical | Wants evaluation for age and situation. | 3/5 |
| Home windows | Double-paned, seems in truthful situation. | 4/5 |
| Heating | Pressured air, age unknown, wants evaluation. | 3/5 |
These scores are subjective and needs to be validated by an expert inspection. Every property function’s score displays a possible evaluation. The scores are based mostly on visible commentary and don’t change skilled inspection and assessments.
