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5602 Indigo St
Score
71
Houston, TX

5602 Indigo St

535K
4 bd • 3 ba • 2,480 sf

This analysis was generated on 4/3/2025. 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
$535,000
+10%vs 77096
Price/Sq.Ft
$216
+12%vs 77096
Above Fair Value
13.8% above range

Current Price

$535,000

Fair Range

$447,000 - $470,000

$535,000
Below Market-20%
Above Market+20%

Negotiation Leverage

5 points to consider in your offer

Recommended Offer

$455,000
Success Probability:High(65%)

AI Rationale

The offer reflects the fair market value adjusted for necessary repairs and market conditions. The seller's motivation, indicated by the extended DOM and prior price reduction, supports this strategy.

Overall Score
71
68
Home Condition
60
Natural Light
79
Value
64
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Cracked Driveway
Cracked Driveway

Cracked Driveway

The driveway has extensive cracking, indicating potential sub-base issues and requiring repair or replacement.

Dated Brick Exterior
Dated Brick Exterior

Dated Brick Exterior

The painted brick exterior appears dated and could benefit from a refresh or alternative siding material.

Aging Roof
Aging Roof

Aging Roof

The roof appears to be nearing the end of its lifespan, with potential for leaks and damage.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

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

Jun
1996
$0Financed
June 18, 1996
From:Otto Schlamme
To:Yahya Saghian, Afsaneh Saghian
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$535,000
-30%List: $535,000+30%
20%
$107,000of $535,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,247/year, HOA: $42/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$142,943
Closing Costs
+$35,943
Down Payment
$107,000
Buyer Agent Fee
$13,643
Loan Fees
$4,280
Title & Escrow
$3,210
Inspections
$900
Transfer Tax
$5,885
Prepaid Expenses
$8,025

* 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
0 days
vs 66 day average
This is a new listing, while homes in this area typically sell in 66 days
Inventory Health
95
homes for sale
10 homes sold last month, indicating 9.5x more supply than demand
Price Dynamics
93.5%
of asking price
Homes typically sell for 6.5% below asking price

Price Trajectory

$450,000
Current median price
+6.4%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are down 0.0% over the last 3 months
3 Months
0.0%
6 Months
+11.5%
1 Year
+6.4%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 117.8% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$450,000
3 Months Ago
$294,000
+53.1%

Schools

Nearby school quality by education level

Elementary

6.8/10
Good

Middle

4.5/10
Average

High

3.8/10
Below Average

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 driveway closely for the depth and extent of cracking, paying attention to areas near the garage and street.

Thoroughly inspect the roof for missing, cracked, or curling shingles, and check for any signs of sagging or water damage, especially around vents and chimneys.

Check the operation of all smoke detectors and carbon monoxide detectors.

Questions to Ask

Important questions to ask during the tour

Can you provide any documentation regarding the age and maintenance history of the roof, HVAC system, and water heater?

Has the property ever flooded, and if so, what mitigation measures have been taken?

Given the moderate flood risk, what is the elevation of the property relative to the street and surrounding properties?

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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