Property Condition & Options Report
42 Maple Ave, Cranston, RI 02920
Property Overview
Assessment Findings
Single-family ranch home, owner-occupied. Original kitchen and bathrooms with deferred maintenance on major systems.
Roof
MajorAsphalt shingles approaching end of life (25+ years). Multiple areas showing granule loss and minor leaks around flashing.
$8,000 – $12,000
Kitchen
ModerateOriginal 1955 kitchen with dated cabinets, laminate counters, and older appliances. Functional but significantly impacts buyer appeal.
$20,000 – $35,000
HVAC
ModerateForced hot air furnace is 18 years old. Still operational but nearing end of expected lifespan. No central AC.
$6,000 – $10,000
Bathroom
MinorOriginal tile and fixtures. Functional but dated. Half bath on first floor is serviceable.
$8,000 – $15,000
Exterior
ModerateWood siding needs scraping and paint. Some sections showing early rot near ground level.
$5,000 – $8,000
Estimated Total Rehabilitation Cost
$47,000 – $80,000
Option A: Cash Offer
Sell as-is, close in ~2 weeks
Your estimated net
$265,000
- Firm offer based on current condition — no repairs needed
- Close in approximately 2 weeks, flexible on timing
- No inspections, contingencies, or financing delays
- No realtor commissions or closing cost surprises
How we arrived at this offer
- After-repair value (ARV): ~$385,000
- Less renovation budget: -$65,000
- Less soft costs (closing, carrying, insurance): -$30,000
- Less investor margin: -$25,000
- Net offer to seller: $265,000
Best for: Homeowners who want speed and certainty without investing in repairs.
Option B: Renovate & Sell
ZenHome-managed renovation, then list
Your estimated net
$310,000 – $345,000
- Estimated renovation cost: $47,000-$80,000
- Projected sale price after renovation: $370,000-$400,000
- ZenHome manages all contractor coordination and project oversight
- Timeline: 3-5 months renovation + 2-3 months to sell
- Estimated net after rehab, 5% realtor fees, and carrying costs
Best for: Homeowners with available capital who want to maximize their return with professional project management.
Option C: List As-Is
List with a realtor in current condition
Your estimated net
$275,000 – $300,000
- Realistic listing price: $295,000-$320,000
- Buyers will likely negotiate down based on needed repairs
- Expect inspection contingencies and possible repair credits
- Timeline depends on pricing strategy and market conditions
- Estimated net after 5% commission + closing costs
Best for: Homeowners with time and flexibility who want to test the open market.
Side-by-Side Comparison
| A Cash Offer | B Renovate & Sell | C List As-Is | |
|---|---|---|---|
| Your net | $265,000 | $310,000 – $345,000 | $275,000 – $300,000 |
| Timeline | ~2 weeks | 5-8 months | 3-6 months |
| Capital needed | $0 | ~$65,000 | $0 |
| Hassle level | None | Managed by ZenHome | Moderate |
| Certainty | Guaranteed | Market dependent | Market dependent |
| Risk | None | Rehab overruns, market shifts | Price reductions, inspection surprises |
All three options are legitimate paths. The right choice depends on your timeline, available capital, and tolerance for uncertainty. ZenHome is here to support whichever path you choose.
Next Steps
Talk to your ZenHome advisor
Have questions about this report or ready to explore your options? Call or text Andy to discuss which path is right for you.
401.407.5678No pressure. Just honest guidance.
About ZenHome
ZenHome is a property services company that helps homeowners and property owners make informed decisions about their properties. Unlike companies that only push one option, we inspect, assess, and present all viable paths — so you can choose what's right for your situation.
Whether you sell as-is, renovate with our management, or list with a realtor, we're here to provide transparent data and professional support at every step.
Disclaimer
This report is for informational purposes only and does not constitute a formal appraisal, home inspection, or legal advice. Cost estimates are based on current market conditions and may vary. Sale price projections are estimates and not guarantees. Consult with licensed professionals before making financial decisions.