1001 Riviera Dr
This analysis was generated on 4/29/2025. 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
$345,000
Fair Range
$320,000 - $330,000
Negotiation Leverage
5 points to consider in your offer
Recommended Offer
AI Rationale
Offer reflects market conditions, needed cosmetic updates, and seller motivation. The 5.3% price drop and extended DOM support this strategy.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Dated Paint Color
The interior paint color and faux finish in the dining room are dated and unappealing.
Outdated Chandelier
The chandelier in the dining room is outdated and doesn't match the style of the home.
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
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 77.4% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$355,500
Your price is 3.0% below average
Median Price
$342,000
Based on 6 recent sales
Price per Sq.Ft
$155
Your price is 5.9% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1612 Old Farm Road, Norman, OK 73072 | $485,000 | 2,639 | 4 | 3 | $18426.0% | 1/2/2025 |
| 1001 Riviera Drive, Norman, OK 73072 | $342,000 | 2,366 | 4 | 3 | $1450.9% | 11/5/2024 |
| 2006 Trailpine Court, Norman, OK 73072 | $478,000 | 2,660 | 4 | 3 | $18023.2% | 11/25/2024 |
| 1124 Merrymen Green, Norman, OK 73072 | $255,000 | 1,898 | 4 | 2 | $1347.9% | 3/27/2025 |
| 1009 Kings Road, Norman, OK 73072 | $260,000 | 2,065 | 3 | 2 | $12613.7% | 2/10/2025 |
| 2820 Raintree Circle, Norman, OK 73072 | $313,000 | 1,948 | 3 | 2 | $16110.2% | 1/9/2025 |
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 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
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Tour Checklist
Key items to inspect during your property tour
Inspect the attic for proper ventilation and insulation, paying close attention to any signs of moisture or mold.
Thoroughly inspect the electrical panel for any signs of corrosion, loose wiring, or outdated components.
Questions to Ask
Important questions to ask during the tour
What is the age of the roof, and are there any known issues or past repairs? Is there a warranty?
Can you provide documentation of any past repairs or maintenance performed on the HVAC system, plumbing, and electrical systems?
Have there been any issues with pests, such as termites or rodents, and if so, what measures were taken to address them?
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
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
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