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2907 Pinecrest Dr
Score
72
Austin, TX

2907 Pinecrest Dr

550K
3 bd • 2 ba • 1,305 sf

This analysis was generated on 6/11/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$550,000
-14%vs 78757
Price/Sq.Ft
$421
+14%vs 78757
Above Fair Value
2.8% above range

Current Price

$550,000

Fair Range

$515,000 - $535,000

$550,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$520,000
Success Probability:High(65%)

AI Rationale

Reflects fair market value considering renovations and market conditions. Seller motivation is high due to price drops and market trends.

Overall Score
72
57
Home Condition
65
Natural Light
85
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Red Paint
Red Paint

Red Paint

The red paint on the walls and ceiling is visually jarring and likely to deter many buyers.

Patched Walls
Patched Walls

Patched Walls

The walls throughout the house are covered in patches, indicating incomplete repairs and poor surface preparation.

Spiral Staircase and Attic Conversion
Spiral Staircase and Attic Conversion

Spiral Staircase and Attic Conversion

The spiral staircase appears to be a non-standard installation and may not meet building codes. The attic conversion also raises concerns about structural integrity and proper permitting.

Damaged Flooring
Damaged Flooring

Damaged Flooring

The floors in several rooms show signs of wear and damage, including scratches, stains, and missing tiles.

Overgrown Backyard and Damaged Deck
Overgrown Backyard and Damaged Deck

Overgrown Backyard and Damaged Deck

The backyard is overgrown with weeds and the deck is in disrepair, suggesting neglect.

Outdated Bathroom
Outdated Bathroom

Outdated Bathroom

The bathroom features outdated mosaic tile and a dated vanity. The overall aesthetic is unappealing and in need of a complete overhaul.

Overgrown Tree and Dark Siding
Overgrown Tree and Dark Siding

Overgrown Tree and Dark Siding

The exterior of the house is partially obscured by a large tree, which could lead to moisture problems and reduced curb appeal. The dark siding also contributes to a gloomy appearance.

Unfinished Concrete Floor
Unfinished Concrete Floor

Unfinished Concrete Floor

The concrete floor is stained and unfinished, giving the room an uninviting appearance.

Unfinished Walls
Unfinished Walls

Unfinished Walls

The walls are patched and unpainted, indicating an incomplete renovation.

Dated Wooden Shelving
Dated Wooden Shelving

Dated Wooden Shelving

The wooden shelves and cabinets appear dated and worn.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$61,000

Complete Interior Repainting and Wall Repair

$15,000
High

Bathroom Remodel

$10,000
High

Attic Conversion Evaluation and Potential Remediation

$20,000
High

Painting and Wall Repair

$5,000
High

Floor Finishing

$3,000
High

Backyard Cleanup and Deck Repair

$8,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jul
2003
$0Financed
July 14, 2003
From:Marian C Bloss, George Richard Grayum
To:Brian J Reavis, Kimberly A Reavis
Vendors Lien
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$550,000
-30%List: $550,000+30%
20%
$110,000of $550,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,310/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$146,925
Closing Costs
+$36,925
Down Payment
$110,000
Buyer Agent Fee
$14,025
Loan Fees
$4,400
Title & Escrow
$3,300
Inspections
$900
Transfer Tax
$6,050
Prepaid Expenses
$8,250

* 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

5
/10
Limited Buyer Power
Market Speed
40 days
vs 51 day average
This home has been listed for 40 days, while homes in this area typically sell in 51 days
Inventory Health
164
homes for sale
31 homes sold last month, indicating 5.3x more supply than demand
Price Dynamics
97.0%
of asking price
Homes typically sell for 3.0% below asking price

Price Trajectory

$667,000
Current median price
-1.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 11.7% over the last 3 months
3 Months
-11.7%
6 Months
-2.3%
1 Year
-1.5%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

% of asking price decreasing 100.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$667,000
3 Months Ago
$0
+0.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$550,000
Price/sqft
$421
Layout
3 bd2 ba
Days on market
40 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$633,500

13.2%

Your price is 13.2% below average

Median Price

$645,000

14.7%

Based on 6 recent sales

Price per Sq.Ft

$479

12.0%

Your price is 12.0% below average $/sqft

Comparable Properties

7911 Cavalry Court, Austin, TX 78731
Price: $555,000
Sq.Ft: 1,429
Beds/Baths: 2/2
$/Sq.Ft:
$3887.8%
Sale Date: 4/26/2025
3104 Pinecrest Drive, Austin, TX 78757
Price: $675,000
Sq.Ft: 1,426
Beds/Baths: 3/2
$/Sq.Ft:
$47312.3%
Sale Date: 3/24/2025
6507 Laird Drive #2, Austin, TX 78757
Price: $570,000
Sq.Ft: 1,176
Beds/Baths: 2/2
$/Sq.Ft:
$48515.0%
Sale Date: 3/15/2025
1913 Richcreek Road #2, Austin, TX 78757
Price: $605,000
Sq.Ft: 1,051
Beds/Baths: 2/2
$/Sq.Ft:
$57636.6%
Sale Date: 4/4/2025
2908 Stoneway Drive, Austin, TX 78757
Price: $751,000
Sq.Ft: 1,441
Beds/Baths: 3/2
$/Sq.Ft:
$52123.7%
Sale Date: 2/28/2025
3201 Foster Lane, Austin, TX 78757
Price: $645,000
Sq.Ft: 1,496
Beds/Baths: 4/2
$/Sq.Ft:
$4312.3%
Sale Date: 3/8/2025

Schools

Nearby school quality by education level

Elementary

6.0/10
Good

Middle

6.0/10
Good

High

8.0/10
Excellent

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 2 major, and 1 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

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the attic conversion thoroughly, paying close attention to the quality of the workmanship, insulation, and ventilation. Look for signs of water damage or improper construction.

Carefully examine the spiral staircase for stability, code compliance, and ease of use. Check for loose connections, proper railing height, and comfortable tread depth.

Test all electrical outlets and light fixtures to ensure they are functioning correctly. Pay attention to any flickering lights, sparking outlets, or loose wiring.

Thoroughly inspect the backyard deck for rot, loose boards, or structural damage. Pay attention to the condition of the supports and railings.

Questions to Ask

Important questions to ask during the tour

Can you provide any documentation or permits related to the attic conversion and spiral staircase installation?

Are there any known issues with the foundation, plumbing, electrical, or HVAC systems?

What is the seller's motivation for selling, and what is their timeline for closing?

Were there any issues discovered during the contingent period that led to the property being relisted?

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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