2706 Woodmere Dr
This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$519,000
Fair Range
$485,000 - $510,000
Negotiation Leverage
3 points to consider in your offer
Recommended Offer
AI Rationale
The offer reflects the property's value, considering its condition and market dynamics. The seller's motivation, indicated by multiple price drops and extended listing period, supports this offer. The updated kitchen and new systems are positives, but the needed cosmetic updates and exterior work justify the price adjustment.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Exterior Paint
The exterior paint color is dated and may not appeal to all buyers.
Backyard Shed
The shed in the backyard appears to be in disrepair and may need to be replaced or repaired.
Exterior Brick
The brick on the exterior appears to be discolored and could benefit from cleaning or repainting.
Basic Toilet
The bathroom has a basic, builder-grade toilet.
Dated Chandelier
The chandelier in the dining area appears dated and could be updated to a more modern style.
Dated Wood Flooring
The wood flooring, while in good condition, has a dated, plank-like appearance. Consider refinishing or replacing.
Worn Carpet
The bedrooms have older carpet that could be replaced with more modern flooring.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
No required renovations identified
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Days on market increasing 28.6% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$413,333
Your price is 25.6% above average
Median Price
$435,000
Based on 6 recent sales
Price per Sq.Ft
$169
Your price is 20.6% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 2817 Woodmere Drive, Panama City, FL 32405 | $435,000 | 2,892 | 4 | 3 | $15026.2% | 12/9/2024 |
| 2821 Woodmere Drive, Panama City, FL 32405 | $350,000 | 2,168 | 3 | 3 | $16120.8% | 12/3/2024 |
| 2711 Rutgers Drive, Panama City, FL 32405 | $375,000 | 2,327 | 4 | 2 | $16120.9% | 1/27/2025 |
| 2811 Malone Drive, Panama City, FL 32405 | $475,000 | 2,481 | 4 | 2 | $1916.0% | 10/1/2024 |
| 2811 Malone Drive, Panama City, FL 32405 | $475,000 | 2,481 | 4 | 2 | $1916.0% | 9/30/2024 |
| 933 Andrew Circle, Panama City, FL 32405 | $370,000 | 2,301 | 3 | 2 | $16121.1% | 10/16/2024 |
Schools
Nearby school quality by education level
Elementary
High
Climate Risks
Assessment of climate-related hazards for this property
Major Risk Profile
This property has 0 severe, 2 major, and 2 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Tour Checklist
Key items to inspect during your property tour
Inspect the attic for proper ventilation and signs of moisture or mold, especially around the roof decking and insulation.
Inspect the electrical panel for proper labeling and any signs of corrosion or damage. Test all outlets and switches to ensure they are functioning correctly.
Run all faucets and showers simultaneously to check water pressure and drainage. Look for any leaks or signs of water damage under sinks and around toilets.
Inspect the HVAC systems (both units) for proper operation and maintenance. Check the age of the units and look for any signs of corrosion or damage.
Questions to Ask
Important questions to ask during the tour
Can you provide documentation for all the work completed in 2019 after the hurricane, including permits, contractor information, and warranties?
Has the property experienced any water intrusion or mold issues since the 2019 rebuild?
Given the extreme wind risk, what steps were taken during the rebuild to reinforce the roof and ensure it meets current hurricane codes?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
Property Discussion
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