I’d be cautious about anchoring everything to days on market. At this price, 65 days may not reveal much about motivation, and comparable asking prices only show what other sellers hope to receive.
Before offering, decide your maximum price and your maximum appraisal gap separately. Otherwise a...
If the seller provides new records, verify that they concern this studio or building rather than a neighbouring property. Similar local conditions are context, not proof of the exact situation.
Run three versions before bidding: no unexpected work, one moderate repair, and a repair plus an insurance excess or building-related payment. Use actual moving quotes and the apartment documents where available rather than round guesses. If only the best-case version preserves emergency cash...
Condition may be doing more work here than you think. At this price range, a buyer facing substantial repairs may also have fewer financing options, which can reduce both the buyer pool and the eventual offer. Lease length matters, but it may simply become the most visible reason for a discount...