Score
0Lawrenceville, GA
1300 Bramlett Blvd
372K
4 beds
3 baths
2,421 sqft
4 bd • 3 ba • 2,421 sf
This analysis was generated on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$371,800
Price/Sq.Ft
$154
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Spacious Living Area: With 2,421 square feet, this 4-bedroom, 3-bathroom house offers ample living space, which is advantageous for larger families or those who enjoy having extra room. The median square footage in Lawrenceville is 2,000 square feet, so this property is larger than average.
• Competitive Price per Square Foot: The price per square foot is $153.57, which is within the range of average prices for the area. This could make the property an attractive option for buyers seeking value.
• Four Bedrooms and Three Bathrooms: The property has four bedrooms and three bathrooms, making it ideal for families. This is a desirable feature for many buyers.
• Potential Rental Income: Based on the local rental market, a 4-bedroom property can generate a gross monthly rental income of $3,140. This could be an attractive feature for investors.
• Location: Lawrenceville is experiencing significant growth and revitalization, which could lead to future appreciation of the property's value. The proximity to Atlanta can also be beneficial for those who work in the city.
The Bad
• Lack of Property Description: The absence of a property description makes it difficult to assess the house's condition, style, and any unique features. This lack of information is a significant drawback for potential buyers.
• Unknown Build Year: The listing does not provide the year the house was built. This lack of information makes it hard to assess the property's potential for repairs, maintenance, and depreciation.
• No Room Details: The listing lacks room details, making it difficult to assess the house's layout and space. Without this information, buyers can't determine if the house meets their specific needs.
• No Utility Information: The listing does not provide any utility information. Without this information, buyers cannot budget for the utilities or know what types of utilities are available (e.g., gas, electric, or septic).
The Ugly
• Potential Maintenance Costs: Given that the build year is unknown and there are no details about the condition of the property, there is a risk of unexpected maintenance and repair costs. This could impact the total cost of ownership. Manufactured homes, in particular, depreciate faster than site-built homes.
• High Property Taxes: Gwinnett County property taxes are high, which can significantly impact the monthly cost of ownership. This should be factored into the budget to determine affordability.
• Traffic Congestion: Lawrenceville is experiencing rapid growth, leading to significant traffic congestion, which could impact the commute and overall quality of life.
• Flood Risk: Parts of Lawrenceville are located in flood plains. The flood risk for this property needs to be assessed to determine if flood insurance is required, adding to the cost of ownership.
• Aircraft Noise: Lawrenceville is located near Briscoe Field, which could result in noise pollution. This could be a concern for potential buyers.
• Potential HOA Fees: Many newer developments in Lawrenceville have HOAs. The listing does not mention any HOA fees, but if there is one, it will add to the monthly cost of ownership. It is important to check if the property has an HOA and what the associated costs are.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Large Families: With 4 bedrooms and 3 bathrooms, this house is well-suited for families needing ample space. The median income in Lawrenceville is $81,867, suggesting a household income at or above this level would be comfortable with the estimated mortgage payments, which are approximately 35% of the gross monthly income, based on the 2023 rental rate for similar properties.
• Buyers Seeking Suburban Living: The property's location in Lawrenceville offers a suburban lifestyle with access to local amenities and schools, appealing to those who prefer a quieter environment than the city but still want to be close to Atlanta.
• Homeowners Comfortable with Potential Maintenance: Given the unknown build year, some level of maintenance and repairs may be needed. Buyers who are not risk-averse to this will be a better fit for this property.
• Buyers Seeking Rental Income: Given the $3140 monthly rental rate for 4 bedroom properties in the area, this property could be used as an investment property for those seeking rental income.
Not For
• First-Time Homebuyers: Given the lack of specific details about the property and its maintenance history, first-time homebuyers who might be unfamiliar with potential issues may find this property risky.
• Buyers with Tight Budgets: The lack of information about the property's condition and potential maintenance requirements makes this a riskier purchase for buyers with tight budgets. Unforeseen repairs could strain their finances.
• Buyers Seeking a Low-Maintenance Property: The unknown build year and lack of property description suggest that the house may require some level of maintenance and repairs. Buyers looking for a hassle-free and low-maintenance property should consider newer constructions or properties with a documented history of maintenance.
• Buyers Sensitive to Aircraft Noise: Given the property's proximity to Briscoe Field, potential aircraft noise may be an issue for some buyers. If noise sensitivity is a concern, this property might not be suitable.
Demographics
Area Median Income
$81,867
Property History
Price History
Ownership Timeline
$139,000Financed
Jun 25, 2002Colony Homes LlcCarswell, Christopher T & Ronda S
Deed
New Construction Residential Transactions
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
7.5/10
GoodMiddle
6.0/10
GoodHigh
7.0/10
GoodFinancials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$1,830
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$371,800
Price/sqft
$154
Layout
4 bd•3 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$452,167
17.8%
Your price is 17.8% below average
Median Price
$440,000
15.5%
Based on 6 recent sales
Price per Sq.Ft
$174
11.7%
Your price is 11.7% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 2062 Alcovy Trails Court, Dacula, GA 30019 | $525,000 | 2,594 | 4 | 3 | $20231.8% | 12/6/2024 |
| 2062 Alcovy Trails Ct, Dacula, GA 30019 | $525,000 | 2,594 | 4 | 3 | $20231.8% | 12/5/2024 |
| 884 Tibwin Place, Lawrenceville, GA 30045 | $430,000 | 2,629 | 4 | 3 | $1646.5% | 11/16/2024 |
| 1578 Bramlett Hill Drive, Lawrenceville, GA 30045 | $440,000 | 2,826 | 5 | 3 | $1561.4% | 11/27/2024 |
| 1578 Bramlett Hill Drive, Lawrenceville, GA 30045 | $440,000 | 2,826 | 5 | 3 | $1561.4% | 11/27/2024 |
| 961 Cruiser Run, Lawrenceville, GA 30045 | $353,000 | 2,170 | 4 | 3 | $1635.9% | 9/26/2024 |
2062 Alcovy Trails Court, Dacula, GA 30019
Price: $525,000
Sq.Ft: 2,594
Beds/Baths: 4/3
$/Sq.Ft:
$20231.8%
Sale Date: 12/6/2024
2062 Alcovy Trails Ct, Dacula, GA 30019
Price: $525,000
Sq.Ft: 2,594
Beds/Baths: 4/3
$/Sq.Ft:
$20231.8%
Sale Date: 12/5/2024
884 Tibwin Place, Lawrenceville, GA 30045
Price: $430,000
Sq.Ft: 2,629
Beds/Baths: 4/3
$/Sq.Ft:
$1646.5%
Sale Date: 11/16/2024
1578 Bramlett Hill Drive, Lawrenceville, GA 30045
Price: $440,000
Sq.Ft: 2,826
Beds/Baths: 5/3
$/Sq.Ft:
$1561.4%
Sale Date: 11/27/2024
1578 Bramlett Hill Drive, Lawrenceville, GA 30045
Price: $440,000
Sq.Ft: 2,826
Beds/Baths: 5/3
$/Sq.Ft:
$1561.4%
Sale Date: 11/27/2024
961 Cruiser Run, Lawrenceville, GA 30045
Price: $353,000
Sq.Ft: 2,170
Beds/Baths: 4/3
$/Sq.Ft:
$1635.9%
Sale Date: 9/26/2024
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