493 Paperbark Sq
This analysis was generated on 4/3/2025. 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
$515,000
Fair Range
$490,000 - $505,000
Negotiation Leverage
3 points to consider in your offer
Recommended Offer
AI Rationale
Reflects fair market value adjusted for necessary repairs and market conditions. The seller's motivation due to extended DOM and market cooldown supports this offer.
Visual Insights
AI-analyzed spaces with reimagining capabilities
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
Based on 1% of home value annually
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 88.6% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 4 comparable properties nearby
Average Price
$503,125
Your price is 2.4% above average
Median Price
$500,000
Based on 4 recent sales
Price per Sq.Ft
$240
Your price is 6.1% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 291 SUGAR MAPLE SQ, DOWNINGTOWN, PA 19335 | $500,000 | 2,026 | 3 | 3 | $2479.5% | 12/14/2024 |
| 27 PAR LANE, DOWNINGTOWN, PA 19335 | $492,500 | 2,000 | 3 | 3 | $2469.3% | 11/1/2024 |
| 54 GLORY MAPLE LN, DOWNINGTOWN, PA 19335 | $470,000 | 1,960 | 3 | 3 | $2406.4% | 10/20/2024 |
| 20 KELLER WAY, DOWNINGTOWN, PA 19335 | $550,000 | 2,435 | 3 | 2 | $2260.2% | 10/12/2024 |
Schools
Details about nearby schools in this area
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 4 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
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Tour Checklist
Key items to inspect during your property tour
Check the converted 4th bedroom's access to the backyard. Look for proper sealing around the sliding door and any signs of water intrusion.
Check the exterior deck for loose boards, rot, or any signs of structural damage.
Check the master bathroom's walk-in shower for leaks, mold, or mildew, especially around the grout and sealant.
Questions to Ask
Important questions to ask during the tour
Can you provide documentation for all the upgrades and modifications made to the property, including permits and warranties?
What was the reason for the multiple price reductions in the past few months?
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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