13581 Goodall Rd

• **High Estimated Insurance Costs:** With an estimated insurance cost of $12,060 per year, this property incurs significant carrying costs, likely due to the fire risk and other factors. This is much higher than the average for the area. • **Potential for High Property Taxes:** Lake Oswego is known for its high property taxes. Buyers need to factor this into their long-term ownership costs. The high valuation of $3,350,000 suggests a substantial tax burden. • **Air Quality Issues:** The extreme air quality risk (9/10) with 14 bad air days per year is a major concern. This could necessitate the use of air purifiers and impact the enjoyment of outdoor spaces. • **Market Price Fluctuation:** The property's price history shows a high degree of price volatility, with large percentage increases and decreases in the past. The recent 2.9% price decrease could indicate that the property may not be priced correctly for the current market. • **Potential for Landslide:** As noted in the local market context, some parts of Lake Oswego are prone to landslides. While not specifically mentioned for this property, the hilly nature of the area indicates that a geological inspection is recommended. • **Limited Commercial Areas:** Lake Oswego has limited commercial areas compared to Portland. This might be a downside for buyers who prefer a wider variety of shopping and dining options. • **Mature Trees:** While the landscaping is lush, mature trees can pose a risk (e.g., falling trees during storms) and require ongoing maintenance.