Official Property Report

Sample Property Report

Comprehensive property history and analysis for informed decision-making

Property Address

123 Main Street

Plano, TX 75023

Year Built
1995
Square Feet
2,400
Bed / Bath
4 / 2.5
Lot Size
0.25 acres
Risk Score
Low
Excellent Condition

AI-Powered Executive Summary

Professional analysis for real estate agents and investors

This 1995-built property in Plano, TX demonstrates strong maintenance history with recent major system updates. The property has undergone significant improvements including a complete roof replacement in 2022 with a 30-year warranty, and a new HVAC system installed in 2021. These updates, combined with a well-documented ownership history spanning nearly 30 years, indicate a property that has been well-maintained and cared for.

The property's risk profile is favorable, with active warranties covering critical systems and a consistent maintenance record. Recent renovations, including a kitchen remodel in 2019, suggest the current owner has invested in both functional and aesthetic improvements. The property's value appreciation of over 130% since original purchase reflects both market conditions and property condition.

For investors and agents, this property represents a low-risk opportunity with documented maintenance history, active warranties, and recent system updates. The combination of structural improvements and ongoing care makes this an attractive option for buyers seeking a well-maintained home with minimal immediate maintenance concerns.

Buyer-Friendly Explanation

Plain-language insights for homebuyers

This home has been well taken care of! The current owners have made several important updates that give you peace of mind. The roof was completely replaced just 2 years ago and comes with a 30-year warranty that will transfer to you—that's coverage until 2052. The air conditioning system is also relatively new (installed in 2021) with a 10-year warranty still active.

The property has a solid maintenance history with regular updates and improvements. The kitchen was renovated in 2019, and there are active warranties on major systems. This means you're less likely to face unexpected repair costs in the near future compared to a home that hasn't been updated.

Overall, this is a low-risk property with good maintenance records and active warranties. The home has appreciated significantly in value over the years, which is a positive sign. You can feel confident that the major systems have been updated and are covered by warranties, giving you protection and peace of mind as a new homeowner.

Personalized Recommendations

Actionable steps tailored to your needs

  • Schedule a professional inspection focusing on the HVAC system, as it's approaching the midpoint of its expected lifespan despite recent installation.
  • Review the roof warranty documentation to understand transfer requirements and coverage details for the 30-year warranty.
  • Consider budgeting for routine maintenance on the plumbing system, as the last major update was in 2018 and may need attention in the coming years.
  • Verify the kitchen renovation permit completion status to ensure all work was properly inspected and approved.

Overall Property Health

A comprehensive score reflecting the property's condition and future risks.

86/100

Risk Level: Low

Generated:

January 11, 2025

1-Year Forecast

$500
Estimated maintenance costs
Range: $350 - $650
Confidence: High

2-Year Forecast

$1,000
Estimated maintenance costs
Range: $700 - $1,300
Confidence: High

5-Year Forecast

$2,535
Estimated maintenance costs
Range: $1,800 - $3,300
Confidence: High

Equipment Risk Assessment

Detailed risk analysis for major systems and components

HVAC System
14/100
Low Risk
Installed: 2021 • Estimated remaining life: 12.5 years
Failure probability: 1% (1-year), 2% (2-year), 5% (5-year)
Roof
8/100
Very Low Risk
Replaced: 2022 • Estimated remaining life: 28 years
Failure probability: <1% (1-year), 1% (2-year), 2% (5-year)
Plumbing
35/100
Moderate Risk
Last update: 2018 • Estimated remaining life: 8 years
Failure probability: 5% (1-year), 12% (2-year), 28% (5-year)

Maintenance Priorities

Recommended actions based on property condition and risk assessment

1. Schedule plumbing inspection
Monitor plumbing condition - Last major update was 7 years ago
Urgency: Within 1 yearEstimated Cost: $150
2. Annual HVAC maintenance
Continue regular maintenance schedule for HVAC system
Urgency: Within 6 monthsEstimated Cost: $300
3. Review warranty documentation
Ensure all warranty transfers are properly documented
Urgency: Before closingEstimated Cost: $0

Ownership & Sales History

Current OwnerActive
March 2020 - Present
Ownership Duration: 4+ years
$425,000
Purchase Price (Mar 2020)
Previous Owner
June 2015 - March 2020
Ownership Duration: ~5 years
$350,000
Sale Price (Jun 2015)
+21% value increase
Original Owner
1995 - June 2015
Ownership Duration: 20 years
$185,000
Original Purchase (1995)
+130% value increase

Work History & Maintenance

Roof ReplacementCompleted
March 2022
Complete roof replacement with 30-year warranty. Includes new shingles, underlayment, and flashing.
Warranty: 30-year Full Coverage (Expires March 2052)
Verified
HVAC System UpdateCompleted
August 2021
New central air conditioning system installed. Energy-efficient model with smart thermostat.
Warranty: 10-year Parts & Labor (Expires August 2031)
Kitchen RenovationPending Verification
January 2019
Complete kitchen remodel with new appliances, cabinets, countertops, and flooring.
⚠️ Verification pending - No documentation provided
Awaiting verification
Plumbing UpdateRejected
November 2018
Replaced main water line and updated fixtures throughout the home.
❌ Verification failed - Documentation incomplete
Verification rejected
Maintenance History
Well Maintained
Regular maintenance and updates over the past 6 years

Remaining Warranties

Roof ReplacementActive
Installed: March 2022
30-Year Full Coverage Warranty
Covers materials, labor, and workmanship. Transferable to new owners.
Expires:March 15, 2052
Time Remaining:~28 years
HVAC SystemActive
Installed: August 2021
10-Year Parts & Labor Warranty
Covers compressor, parts, and labor for repairs.
Expires:August 20, 2031
Time Remaining:~7 years

Building Permits

Kitchen Remodel Permit
Permit #2019-01234
Issued: January 2019
Completed
Electrical Upgrade
Permit #2018-04567
Issued: March 2018
⚠️ Permit issued but completion status unknown
Issued

Risk Assessment

Low
Overall Risk Score
Structural
Excellent
Systems
Excellent
Maintenance
Excellent
No major concerns identified

Value Trend

Current Estimated Value
$485,000
+14.1% since purchase
Based on recent sales and market trends

Key Features

2-Car Garage
Mature Landscaping
Fireplace
Energy Efficient

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