Hi y’all, welcome!

Inside: Get a house listed at $1M+ for $750K 💰️ + Michelin made it to Austin ⭐️ 

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(*unbiased opinion)

WHAT'S INSIDE

• ⭐️ MICHELIN STARS IN AUSTIN

• 🚨 TIPS FROM YOUR REALTOR

• 👀 DEAL OF THE WEEK

• 🤠 WHAT’S HAPPENING AROUND TOWN

• ⁉️ WHAT THIS MEANS FOR YOU

• 🤤 HOUSE WORTH DROOLING OVER

⭐️  MICHELIN STARS IN AUSTIN

A departure from our regularly scheduled content but I can’t skip this.

The Michelin guide made it to Texas (yes the same rotund man who sells tires gives out exclusive food awards, keep up.)

In an effort to make Texas a destination food hub, the state has paid the Michelin guide $2.7 million for a 3 year deal. 

Surprisingly, Austin has 44 restaurants on the Michelin guide and 7 Michelin stars were awarded. That’s almost double Dallas and Houston.

Because you are very clearly here for my food recommendations: I love Comedor (bone marrow tacos 10/10).

Check out the full guide here

🚨 TIPS FROM YOUR REALTOR

(it’s me)

I’m an ex-dentist turned Realtor - let’s work together! Email me, tweet me or send me a carrier pigeon. 🐦️ 

How to find a “good deal”

Everyone wants a good deal. But what is a good deal and how do we find it?

Deals are evaluated based on neighborhood trends, historical data, price per square foot (ppsqft) & home quality/updates

What exactly does that mean?

I make sure to remove as much variance as possible so we are doing an apples to apples comparison between your home and others that have been bought/sold recently.

I compare your ideal home with other properties that have similar:
- Location
- Year built
- Lot size
- Square footage
- Beds/Baths
- Finishes/upgrades

Once you find a comparable subset of houses - I look at price per square foot (ppsft). This is one of the best indicators to see how your home stacks up against others.

Curious if the home you’ve been eyeing is a deal? I’ll take a look - reply here.

👀 DEAL OF THE WEEK

Enough talk about deals - here’s one for you:

Original List Price: $1,099,000
Current List Price: $825,000
Kirtana’s Suggestion: $750,000

How do you go from over $1M to $775K?

1) Original pricing was way too high - doing this at the beginning really screws you down the road
2) House is on a main road and close to the highway - this needs to be accounted for in the sale price
3) Median ppsqft sold in this area in the last 2 years is ~$490. My suggestion puts you at $361ppsqft
4) The home is a 2023 build listed by the builder and has been on the market for 500+ days 
5) You have 100% of the negotiation power here and nothing to lose

Want to check it out? Reply here!

🤠 WHAT’S HAPPENING AROUND TOWN

If you’re looking to buy or invest - welcome to your unfair advantage. Know what’s happening before everyone else.

Up today — South Congress:

South Congress is about to get more South Congress-y (?)

Firestone Complete Auto Care on 311 S Congress Ave, Austin, TX 78704 has been up-zoned for a 480 foot tall high-rise with:

• 488 residences

• 30,000 square feet of office space

• 7,500 square feet of street level retail

• 2,500 square feet set aside at an “affordable rate” for a local business or non-profit

Read more here.

⁉️ WHAT THIS MEANS FOR YOU

If you’re a buyer/seller/investor/renter or just interested in real estate - this weekly newsletter will help guide your decision making and help you better understand the market.

🤤 HOUSE WORTH DROOLING OVER

This brutalist exterior in Westlake Hills hides a surprisingly warm inside. The perfect view of the Austin skyline from the pool can’t be missed.

Yours for $6,950,000

Thank you for being here! Reply to this email if you have any questions or just to say hello! 👋 

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