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1300 Bramlett Blvd
Lawrenceville, GA

1300 Bramlett Blvd

$371,800
4 bd • 3 ba • 2,421 sf

This analysis was generated by artificial intelligence on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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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

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Risk Assessment

Risk Analysis

• Unknown Build Year: The lack of a specified build year makes it difficult to assess the property's condition and potential for future maintenance and repairs. This could lead to unexpected costs after purchase. The average age of homes in Lawrenceville is 20 years, so the property could be in this range, or older, with higher risk of repairs. • Lack of Property Details: The absence of a property description and room details makes it challenging to assess the property's layout, condition, and suitability for different lifestyles. This increases the risk of purchasing a property that doesn't meet the buyer's needs. • Potential for High Property Taxes: Gwinnett County property taxes can be high. Buyers need to factor these costs into their budget. The exact tax amount should be verified with the county tax assessor. • Traffic and Transportation Issues: Lawrenceville is experiencing rapid growth, leading to traffic congestion. This needs to be considered by buyers, especially those who commute during peak hours. • Flood Plain Risk: Parts of Lawrenceville are in flood plains. A detailed flood risk assessment is needed for this property and flood insurance may be required. • HOA Fees: If this property is part of an HOA, the fees can add to the monthly expenses. It is important to check the amount of the fees and what services they cover. • Aircraft Noise: The property's proximity to Briscoe Field could result in aircraft noise, which may be bothersome to some buyers.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$452,167

21.6% above list price

Median Price

$440,000

Based on 6 recent sales

Price per Sq.Ft

$174

Comparable Properties

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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