2842 W forty seventh Ave Kansas Metropolis KS 66103 – an enchanting 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 instances, we’ll uncover the hidden tales behind this tackle. 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 revenue 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 provides 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 provide a clearer understanding of its market worth. Latest 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 format, good for snug dwelling. The property options [number] bedrooms and [number] bogs, offering ample room for a household or these looking for a welcoming residence. The lot dimension of [lot size] sq. ft provides loads of house for out of doors actions or future improvement. The inside boasts roughly [square footage] of dwelling house, making it supreme for these looking for a well-appointed residence.
Historic Gross sales Knowledge
Inspecting comparable gross sales within the space offers precious context for understanding the market worth of 2842 W forty seventh Ave. Latest transactions of comparable properties within the neighborhood showcase a constant development in pricing. This knowledge provides insights into the prevailing market dynamics, serving to set up a sensible valuation.
Present Market Worth
Primarily based on comparable gross sales evaluation, the present market worth of 2842 W forty seventh Ave is estimated at $[estimated market value]. This estimate considers components similar to lot dimension, sq. footage, variety of bedrooms and bogs, and the present market circumstances. Comparable properties within the space, inside an analogous radius, have bought within the vary of $[range of comparable sale prices].
Latest Renovations
Latest updates to the property improve its total 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 in addition improve the property’s longevity and desirability.
Comparable Properties
The desk under showcases a comparability between 2842 W forty seventh Ave and three comparable properties, highlighting key options and present market values.
| Property Deal with | Lot Measurement (sq ft) | Sq. Footage | Bedrooms | Loos | 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 guts of the group 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 look at the financial panorama, examine it to close by areas, and supply insights into the native security image.
Demographic Overview
The neighborhood’s demographic make-up performs a big function in its total character. Understanding the age distribution, family buildings, and ethnic range helps paint a complete image of the group. This info can affect components just like the forms of native companies and the general social ambiance.
Financial Situations
Common family revenue and property values provide precious perception into the neighborhood’s financial stability. A better common revenue typically interprets to better-maintained properties and a larger number of providers. Evaluating these figures to different close by areas offers context and helps gauge the neighborhood’s relative financial place.
College District Info
Native faculties are a big issue, particularly for households with kids. The standard of schooling and the status of the faculties can impression property values and household choices. Proximity to colleges and their tutorial efficiency metrics will likely be examined.
Native Facilities and Providers
The presence of native facilities, similar to parks, buying facilities, and hospitals, straight impacts the neighborhood’s enchantment. A strong array of providers typically contributes to the next high quality of life. The accessibility and comfort of those facilities are vital concerns.
Proximity to Important Providers
This desk highlights the gap 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 |
| Purchasing Facilities | 1-3 miles |
| Hospitals | 3-5 miles |
Crime Price Statistics
Understanding the native crime charge offers a perspective on the neighborhood’s security. Whereas crime statistics provide an outline, particular person experiences can range, and different components like private safety measures and group 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 retailers, eateries, and leisure venues, making it a incredible place to name residence. The proximity to main highways and public transportation ensures seamless commutes, whereas close by parks provide 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 fast neighborhood provides a various array of companies and facilities, catering to numerous wants and preferences. Native companies and eating places present comfort and contribute to the neighborhood’s distinctive character.
- Grocery shops are conveniently situated inside a brief driving distance, making certain 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] provides a pleasant ambiance, whereas [Name of Another Restaurant] offers a extra informal eating expertise.
- Native retailers, together with [Name of Local Shop], are a hub for distinctive finds and assist native entrepreneurs. These institutions contribute to the neighborhood’s appeal and create a way of group.
Transportation Entry
Handy entry to main highways and public transportation ensures simple commutes. This can be 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 components of the town and past. This permits seamless journey to numerous locations.
- Public transportation choices, similar to [Name of Bus Line] and [Name of Another Bus Line], are simply accessible, providing handy alternate options to driving. The bus routes regularly serve the realm, making commuting simpler.
Parks and Leisure Areas
The world provides a wide range 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, similar to strolling trails, playgrounds, and picnic areas.
- Close by leisure amenities similar to [Name of Recreation Center] provide a complete vary of sports activities actions and different leisure alternatives.
Facilities Comparability
The encircling space’s facilities examine favorably to different comparable neighborhoods within the area. This evaluation considers a number of key components, making certain a radical 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 numerous preferences. |
| Parks | 0.5-2 miles | Numerous choices for out of doors actions. |
| Transportation | 0.5-1 mile | Easy accessibility to highways and public transport. |
Potential Use Instances
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 a wide range of wants, from households looking for a snug residence to buyers in search of a sound funding. Understanding its potential use instances is essential to maximizing its worth and attracting the fitting patrons or renters.The property’s versatility stems from its mixture of house, location, and potential for personalization.
This enables it to adapt to evolving wants and needs, opening doorways to a myriad of alternatives for these looking for a house or funding. An in depth evaluation of potential use instances, from single-family dwelling to income-generating choices, will illuminate its true price.
Potential Purchaser/Tenant Profiles
Understanding the target market is important for efficient advertising and maximizing the property’s enchantment. Totally different purchaser/tenant sorts have distinctive wants and motivations. A spread of potential patrons and renters, from younger households to retirees, might discover this property enticing.
- Younger Households: Searching for spacious dwelling areas and good faculties within the surrounding space. Their precedence is prone to be a snug, family-friendly residence with an inexpensive worth level.
- Traders: Inquisitive about properties with robust rental potential and predictable returns. Their focus will likely be on components like rental yield and property administration prices.
- Retirees: Prioritizing a low-maintenance residence in a handy location. They is perhaps interested in the property’s proximity to facilities and its potential for simple dwelling.
- People: In search of a property that balances consolation and affordability. Their concerns will possible middle on particular person wants, like an excellent location and cheap upkeep.
Elements Influencing Property Worth
A number of components play a job in figuring out the property’s worth for several types of patrons. These components embody its total situation, market traits, and the particular wants of the potential purchaser. These features straight have an effect on the property’s desirability and, in the end, its worth.
- Market Developments: The general actual property market within the space will affect the property’s worth. Rising or falling costs, coupled with the supply of comparable properties, will impression its price.
- Property Situation: A well-maintained property with fashionable updates is prone to command the next worth in comparison with one needing vital repairs. The situation straight impacts the perceived worth.
- Location Benefits: Proximity to colleges, buying facilities, and different facilities considerably impacts the property’s worth. These benefits entice potential patrons, growing the property’s price.
Potential Modifications
Adapting the property to fulfill numerous wants is a vital side of maximizing its worth. Understanding the chances permits for tailoring the property to potential patrons’ wants. This contains contemplating totally different architectural kinds and performance.
- Including a Storage: For a household with autos, increasing the property with a storage offers storage and comfort.
- Kitchen Transform: Modernizing the kitchen with up to date home equipment and cupboards can entice patrons in search of 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 revenue by way of numerous strategies. Cautious consideration of those choices can result in vital monetary advantages. Potential revenue streams embody renting out rooms or your entire property.
- Brief-Time period Leases: Using platforms like Airbnb can generate revenue from short-term stays. This feature 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 steady and predictable revenue stream.
- Accent Dwelling Items (ADUs): Including an ADU to the property can considerably improve rental revenue and broaden the goal demographic.
Market Developments: 2842 W forty seventh Ave Kansas Metropolis Ks 66103
The Kansas Metropolis, KS, actual property market is a dynamic panorama, influenced by a wide range of components. Understanding these traits is essential for each patrons and sellers, offering insights into potential alternatives and challenges. Latest shifts in rates of interest, stock availability, and the general financial local weather are all key gamers in shaping the present market circumstances.
Present Actual Property Market Developments in Kansas Metropolis, KS
The Kansas Metropolis, KS, actual property market at present shows a mixture of components influencing property values. Rates of interest, whereas remaining comparatively steady in comparison with some current peaks, nonetheless exert a noticeable affect on affordability and demand. Stock ranges are one other key part, and the stability between provide and demand continues to form pricing methods. Financial circumstances, 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.
Elements Driving Present Developments
A number of key components 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 in the end demand. Stock ranges play a vital function in figuring out pricing, with low stock typically resulting in larger costs and elevated competitors. The native and nationwide financial circumstances are essential, impacting employment charges and client confidence.
Latest Gross sales Knowledge
Latest gross sales knowledge signifies a gentle market with average worth progress. Particular examples from respected sources present common sale costs within the area, with a spread that displays the varied properties accessible. This knowledge factors in direction of a balanced market, with pricing adjusting primarily based on market circumstances and property options.
Forecast for the Way forward for the Actual Property Market within the Area
Predicting the longer term is inherently complicated. Nevertheless, 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 components. Historic examples from comparable markets, the place comparable rate of interest shifts and stock ranges have been noticed, provide precious insights for the area.
Market Development Evaluation
| Development Sort | Description | Influence on Property Values |
|---|---|---|
| Curiosity Charges | At the moment steady however anticipated to average within the coming months. | Potential for slight worth changes, although total affordability could stay constant. |
| Stock Ranges | Reasonably low, making a aggressive setting. | Probably resulting in larger costs for properties in demand. |
| Financial Situations | Robust native economic system with low unemployment. | Robust 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 model, development high quality, present situation, potential repairs, and security features. 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 components helps potential patrons or tenants visualize the property and make a well-informed alternative.
Architectural Type and Development
The architectural model of the house considerably impacts its aesthetic enchantment and potential resale worth. Figuring out the architectural model permits for a greater understanding of the property’s design components and potential compatibility with numerous adorning kinds. The development supplies used straight affect the house’s sturdiness and long-term upkeep necessities. The age and high quality of those supplies will play a significant function in figuring out any obligatory repairs or renovations.
Property Situation and Needed Repairs
The property’s total situation performs a vital function in its desirability and worth. A radical inspection will reveal any obligatory repairs, potential upkeep points, and their related prices. It is very important think about 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 Considerations and Hazards
Potential security considerations or hazards must be recognized and addressed to make sure the well-being of future occupants. These considerations might embody structural points, defective wiring, or insufficient safety measures. Addressing these components proactively can forestall potential issues and guarantee a protected setting. An in depth analysis of the property’s security options is essential for knowledgeable decision-making.
Key Property Options
| Function | Description | Score |
|---|---|---|
| Roof | Composition shingle, seems to be in good situation however might have upkeep quickly | 4/5 |
| Exterior Partitions | Brick veneer, exhibits indicators of weathering, however total 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 honest situation. | 4/5 |
| Heating | Compelled air, age unknown, wants evaluation. | 3/5 |
These rankings are subjective and must be validated by an expert inspection. Every property characteristic’s ranking displays a possible evaluation. The rankings are primarily based on visible remark and don’t change skilled inspection and assessments.
