DwellChecker Property Analysis Report
📊 Executive Summary
Excellent Buy
This property represents a strong investment opportunity in Austin's competitive market.
Our analysis indicates the listing is priced approximately 4.1% below market value, presenting
immediate equity potential of ~$20,000.
💡 Key Recommendation
Offer Range: $460,000 - $475,000
Start with $460,000 (5.2% below asking) and be prepared to negotiate up to $475,000.
The property's location in the highly desirable 78701 zip code and recent comparable sales
support this valuation.
🏠 Property Analysis
| Attribute |
This Property |
Market Average |
| Price per Sq Ft |
$242 |
$255 |
| Lot Size |
0.18 acres |
0.15 acres |
| Year Built |
2018 |
1995 |
| Days on Market |
12 days |
28 days |
| School Rating |
9/10 |
7/10 |
📈 Price History
[Price Trend Chart - 5 Year History]
Shows 12% appreciation over 5 years
🎯 Comparable Sales
Recent sales within 0.5 miles, similar size and age:
| Address |
Sale Price |
Date |
$/Sq Ft |
| 125 Main St |
$472,000 |
Dec 2024 |
$248 |
| 119 Oak Ave |
$458,000 |
Nov 2024 |
$241 |
| 201 Elm St |
$495,000 |
Oct 2024 |
$252 |
Comp Analysis: Average sale price of $475,000 supports our
estimated value of $465,000, accounting for this property's slightly smaller size.
🏫 Neighborhood Intelligence
School Districts
- 🏫 Austin Elementary: 9/10 rating
- 🏫 Central Middle School: 8/10 rating
- 🏫 Austin High School: 9/10 rating
Local Amenities
- 🛒 Whole Foods Market (0.3 mi)
- 🏥 Austin Medical Center (0.8 mi)
- 🚇 Metro Station (0.5 mi)
- 🌳 Zilker Park (1.2 mi)
Market Trends
📈 Appreciation: 8.2% over last 12 months
📊 Inventory: 2.1 months supply (seller's market)
⏱️ Average DOM: 18 days
💰 Price Trends: Stable with seasonal fluctuation
Investment Outlook
Positive Indicators:
• Tech job growth in Austin
• Limited new construction in area
• Strong rental demand
• Excellent school ratings
⚠️ Risk Assessment
Low Risk: Property taxes are stable and within market norms for the area.
Medium Risk: Austin market has seen rapid appreciation - monitor for potential cooling.
Low Risk: No flood zone concerns or environmental hazards identified.
Medium Risk: HOA fees of $150/month - verify what services are included.
💼 Investment Analysis
Purchase Scenario
| Purchase Price |
$465,000 |
| Down Payment (20%) |
$93,000 |
| Closing Costs |
$9,300 |
| Total Cash Needed |
$102,300 |
Monthly Costs
| Principal & Interest |
$2,180 |
| Property Taxes |
$775 |
| Insurance |
$125 |
| HOA Fees |
$150 |
| Total Monthly |
$3,230 |
🎯 Negotiation Strategy
Opening Offer: $460,000 (5.2% below asking)
Justification: Point to comparable at 119 Oak Ave ($458k) and request seller cover $3k in closing costs.
Contingencies: Standard inspection, appraisal, and financing contingencies recommended.
Timeline: 30-day close should be acceptable given market conditions.
📋 Action Items
✅ Before Making Offer:
• Verify HOA financial health and bylaws
• Confirm property tax assessment accuracy
• Research any planned developments nearby
🔍 During Inspection:
• Focus on HVAC system (installed 2018)
• Check foundation for any settling
• Verify all permits for recent renovations
📄 Documentation to Request:
• Last 2 years of utility bills
• HOA meeting minutes and financials
• Any warranties on appliances/systems
📞 Next Steps
Based on our analysis, this property represents a solid investment opportunity.
We recommend moving quickly given the competitive Austin market.
📧 Questions about this report?
Contact our analysis team at reports@dwellchecker.app
Reference Report ID: RPT-2025-001
This report is for informational purposes only and does not constitute financial, legal, or investment advice.
Always consult with qualified professionals before making real estate decisions.