1504 Euclid Circle - Neil Ackerman

This week the median list price for Lafayette, CO is $843,900 with the market action index hovering around 43. This is less than last month's market action index of 44 Inventory has increased to 39

Marke t Act ion I n d e x

This answers “How’s the Market?” by comparing rate of sales versus inventory

Re al-Time Marke t Profile

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller ’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Marke t Segme n ts

Each segment below represents approximately 25% of the market ordered by price

Me d ian List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Segme n ts

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

Price Pe r Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money.

Average

I n ve n tory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Marke t Act ion I n d e x

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller ’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Marke t Act ion Segme n ts

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

Me d ian Days on Marke t (DO M)

The properties have been on the market for an average of 74 days. Half of the listings have come newly on the market in the past 37 or so days. Watch the 90-day DOM trend for signals of a changing market.

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Map of Comparable Listings

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Lancelot Park 1

Full baths: 1.0

3/4 Baths: 1.0

Features

Appliances: Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Association Yn: false

Basement: Finished

Below Grade Unfinished Area: 65.0

Building Area Source: Public

Records

Construction Materials:

Frame

Cooling: None, Other

Exterior Features: Fire Pit

Half baths: 1.0

Lot Size (sqft): 8,011

Garages: 2

List date: 4/5/22

Updated: Jan 9, 2023 8:51 AM

List Price: $799,999

Orig list price: $849,999

Taxes: $3,034

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Sanchez

Cody Smetzer 7202023941

Fencing: Full

Fireplace Features: Basement, Living Room

Fireplaces Total: 3

Flooring: Tile

Furnished: Unfurnished

Heating: Baseboard

Interior Features: Smart Lights

Levels: Two

Listing Terms: Cash, Conventional, FHA, Jumbo

Living Area Total: 1885

Main Level Bathrooms: 1

Parking Features: Concrete, Oversized Door

Parking Total: 10

Patio And Porch: Covered, Deck, Front Porch

Property Condition: Updated/ Remodeled

Roof: Architectural Shingles

Security Features: Security System, Smart Cameras

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 13 & NELY HALF OF OUTLOT 1 LANCELOT PARK 1 ID 91599

COMBINED HERE

Tax Year: 2021

Water Source: Public

Remarks

A great lot in the neighborhood!!! 12 Spaces to park your vehicles with a 9 inch concrete to have a heavy duty vehicles if you want !You will fall in love with all the updates that have been done around this lovely home. This two story home is located on a very unique large lot, which provides for expanded indoor/outdoor entertaining space & energy efficient solar system* Amazing covered front *NEW FRONT sitting porch welcome you to this charming house. Walk in into a half bath perfect for guests with gleaming tile floors inviting you into the cozy and spacious concept main living area, and open to the kitchen with all "NEW APPLIANCES.All appliances stay. 3 big spacious bedrooms on the second floor and a full bathroom. You will love the finished basement with 2 additionally bedrooms and a laundry room. *NEW DECK sends you to a large backyard that has speechless *NEW LANDSCAPING and is perfect for outdoor entertaining.*NEW SHED *NEW FIRE PIT *RENOVATED BATHROOMS Additionally the driveway connects into the backyard providing extra space for parking or RV/Boats/extra Vehicles*NEW FENCE. *NEW LANDSCAPING *SECURITY SYSTEM INCLUDED.This home is located within walking distance of downtown Lafayette.*Lease on solar panelspayment is $120 a month. Don't miss out on this great opportunity!!

Courtesy of Keller Williams Preferred Realty Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Baseline

Style: Traditional

Full baths: 2.0

Features

Appliances: Dishwasher, Disposal, Dryer, Gas Water

Heater, Microwave, Oven, Range, Refrigerator, Washer

Association Amenities: Park

Association Fee Frequency: Monthly

Association Name: Waneka Point

Association Phone: 720-974-4153

Association Yn: true

Basement: Finished

3/4 Baths: 1.0

Half baths: 1.0

Lot Size (sqft): 8,069

Garages: 2

List date: 3/8/23

Updated: May 2, 2023 9:51 AM

List Price: $775,000

Orig list price: $875,000

Assoc Fee: $48

Taxes: $4,409

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Lafayette

Common Walls: No Common Walls

Construction Materials: Frame

Cooling: Central Air

Current Use: Live/Work

Distance To Bus Numeric: 1000

Distance To Bus Units: Feet

Electric: 110V, 220 Volts

Exterior Features: Private Yard

Fencing: Full Fireplace Features: Living Room

Fireplaces Total: 1

Flooring: Carpet, Laminate, Tile, Wood

Green Energy Efficient: Appliances, Exposure/Shade, HVAC, Insulation, Lighting, Windows

Heating: Forced Air

Interior Features: Ceiling Fan(s), Corian Counters, Entrance Foyer, Five Piece Bath, High Ceilings, In-Law Floor Plan, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit Levels: Two

Listing Terms: 1031

Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Living Area Total: 2926

Comparative

Cody Smetzer 7202023941

Lot Features: Irrigated, Landscaped, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 2

Main Level Bedrooms: 3

Parking Features: Concrete, Dry Walled, Insulated, Lighted

Parking Total: 2

Patio And Porch: Deck, Front Porch

Remarks

Property Condition: Updated/ Remodeled

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Security Features: Video Doorbell

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 6 BLK 2 BASELINE 40 REPLAT

Tax Year: 2022

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Vegetation: Grassed, Mixed, Partially Wooded

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Zoning: R1

Lovely, light-filled and airy home near Waneka Lake. Well maintained and nicely updated. Central living room with 25 foot ceiling and gas fireplace is a striking living space and ideal for warm gatherings. Many special architectural elements add uniqueness and create pride of ownership, Facing southeast, the home allows an abundance of light in mornings and late afternoons, especially through numerous large, west facing windows. Parklike yard with trees, including oak, locust and fruit trees, provide cool shade for the interior and enable outdoor enjoyment even on hot summer days. Three decks offer various entertainment options. Open floorplan provides separation and privacy between the primary suite and the other bedrooms. Large kitchen with breakfast bar has newer LG stainless appliances and brand new refrigerator and microwave. New luxury carpeting. Fresh paint. Newer furnace and water heater.

PERMITTED in-law suite in basement with fully functioning kitchenette, family room, bedroom and 3/4 bath for family use or rental. Short walk to beautiful Waneka Lake, shopping and bus transit. Recently installed and seller-owned 19 panel solar system for reduced or no electric costs! This beautiful home really has everything and is move-in ready!

Courtesy of We Love Colorado Homes Realty Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Whispering Meadows

Style: Contemporary Full baths: 1.0

Features

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer

Association Fee Frequency: Quarterly

Association Fee Includes:

Trash

Association Name: Whispering

Meadows HOA

3/4 Baths: 2.0

Half baths: 1.0

Lot Size (sqft): 5,662

Garages: 2

List date: 4/4/23

Pending date: 5/1/23

Off-market date: 5/1/23

Updated: May 2, 2023 4:55 AM

List Price: $779,000

Orig list price: $779,000

Assoc Fee: $160

Taxes: $3,031

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Ryan

Association Phone: 303-447-8988

Association Yn: true

Basement: Finished, Interior

Entry/Standard

Below Grade Unfinished Area: 378.0

Building Area Source: Plans

Common Walls: No Common Walls

Construction Materials: Frame, Stone

Cooling: Central Air

Direction Faces: South

Exterior Features: Private Yard

Fencing: Full

Fireplace Features: Family Room, Gas

Fireplaces Total: 1

Flooring: Carpet, Wood

Foundation Details: Slab

Heating: Forced Air, Natural Gas

Horse Yn: false

Interior Features: Open Floorplan, Pantry, Radon Mitigation System, Smoke Free, Solid Surface Counters, Stone Counters, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit Levels: Two

Cody Smetzer 7202023941

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 2183

Lot Features: Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1

Parking Features: Concrete, Exterior Access Door

Parking Total: 2

Remarks

Patio And Porch: Deck

Property Condition: Updated/ Remodeled

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 5 BLK 1 WHISPERING MEADOWS

Tax Year: 2022

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Zoning: Resi

Welcome Home to this attractive & affordable 2-story in desirable Whispering Meadows convenient to shopping, restaurants, toprated schools, trails & easy access to Charming Old Town Lafayette, Boulder or Denver. The delightful interior offers a comfortable living/dining area, family room with gas fireplace & many tasteful updates including a light & bright kitchen with white cabinetry, slab granite countertops, marble backsplash, stainless appliances & extensive main floor wood flooring. 3 bedrooms on the upper floor including the primary suite with an updated bath, 2 sinks & generous sized walk-in shower. 2 additional bedrooms on the upper floor with an updated full bath. Room to spread out in the finished basement with bonus/rec room, 4th bedroom with 3/4 bath and a huge unfinished storage space. Relax on the large back deck with fenced yard & no homes behind you. Recent improvements include new furnace & AC (2021), exterior paint (2022), basement interior paint (2023) & low electric bills from the leased but PAID IN FULL solar panels.

Courtesy of RE/MAX of Boulder Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Drive

Details

Prop Type: Single Family

Residence

County: Boulder

Subdivision: Centaur Village

North

Style: Contemporary Full baths: 1.0

Features

Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer

Association Yn: false

Building Area Source:

Assessor

Construction Materials: Brick, Wood Frame

Cooling: Central Air

Fencing: Fenced

Fireplace Features: Basement, Living Room

3/4 Baths: 1.0

Half baths: 2.0

Lot Size (sqft): 8,250

Garages: 2

List date: 5/9/22

Sold date: 6/23/22

Off-market date: 6/23/22

Updated: Sep 1, 2022 6:45 AM

List Price: $799,000

Orig list price: $799,000

Taxes: $3,496

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Lafayette

Flooring: Vinyl

Heating: Forced Air

Interior Features: Eat-in

Kitchen Levels: Two

Listing Terms: Cash, Conventional

Living Area Total: 3146

Lot Features: Sprinklers In

Front

Main Level Bathrooms: 1

Parking Features: RV Access/ Parking

Parking Total: 2

Patio And Porch: Patio

Possible Use: Residential

Road Frontage Type: Public Road

Road Surface Type: Paved

Roof: Composition

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 193 CENTAUR VILLAGE

NORTH FILING NO 2

Tax Year: 2021

Utilities: Electricity Available, Natural Gas Available

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Zoning: RES

Comparative

Cody Smetzer 7202023941

Remarks

Beautiful 5 bedroom, 4 bath home in Lafayette with finished basement! Located in a desirable neighborhood just steps from Waneka Lake, and walking distance to BVSD's Lafayette Elementary, Angevine Middle School and Centaurus High School. Tastefully updated with new flooring throughout. All bathrooms renovated. New roof in 2019. Relax in the spacious and landscaped backyard with stamped patio, raised beds, and even a pear tree! Walk or cycle to old town Lafayette's local shops and enjoy great restaurants like The Post, Community, Tangerine and Ras Kassa's. Take a stroll or jog on Waneka Lake Trail; the playground, park, sports fields and paddle boat rentals at the lake are waiting!

Courtesy of Silver Fern Homes

Information is deemed reliable but not guaranteed.

Cody Smetzer

7202023941

1608 Waneka Lake Trail

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Waneka Landing

Style: Contemporary Full baths: 3.0

Features

Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven

Association Fee Frequency:

Annually

Association Fee Includes: Snow Removal

Association Name: Waneka Landing Hoa

Association Phone: 303-420-4433

Association Yn: true

Basement: Finished

3/4 Baths: 1.0

Lot Size (sqft): 6,584

Garages: 3

List date: 2/9/23

Sold date: 4/7/23

Off-market date: 3/9/23

Updated: Apr 7, 2023 6:09 AM

List Price: $910,000

Orig list price: $925,000

Assoc Fee: $425

Taxes: $3,732

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Lafayette

Below Grade Unfinished Area: 228.0

Building Area Source: Public Records

Concessions: Buyer Closing

Costs/Seller Points Paid

Concessions Amount: 2000

Construction Materials: Brick, Frame

Cooling: Central Air

Fencing: Full Fireplaces Total: 1

Flooring: Carpet, Tile, Wood

Foundation Details: Slab

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bath, Kitchen Island, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Levels: Two

Listing Terms: Cash, Conventional, VA Loan

Living Area Total: 3002

Main Level Bathrooms: 1

Main Level Bedrooms: 1

Parking Total: 3

Patio And Porch: Deck, Front Porch

Property Condition: Updated/ Remodeled

Roof: Composition

Senior Community Yn: false

Comparative

Cody Smetzer 7202023941

Sewer: Public Sewer

Structure Type: House

Remarks

Tax Legal Description: LOT 3

WANEKA LANDING FLG 1

Tax Year: 2021

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows

MUST SEE HOME IN WANEKA LANDING! Step inside to stylish light oak flooring, that spans the main floor. The two-story family room is full of windows and sunlight. The well-equipped kitchen features light cabinetry, a pantry, granite counters, and a glass subway tile backsplash. The master bathroom has been updated with gorgeous tile flooring, a beautiful standalone tub, and a luxurious walk-in shower. Check out the rear deck, perfect for entertaining. Located just a short walk from Waneka Lake!

Courtesy of Found It LLC

Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

375 Aspenwood Court

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Autumn Meadows

Full baths: 2.0

3/4 Baths: 1.0

Features

Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Association Fee Frequency: Annually

Association Fee Includes: Recycling, Trash

Association Name: Vista Management

Association Phone: 303-429-2611

Association Yn: true

Half baths: 1.0

Lot Size (sqft): 8,476

Garages: 2

List date: 1/5/23

Sold date: 3/1/23

Off-market date: 1/23/23

Updated: Mar 2, 2023 2:09 AM

List Price: $799,999

Orig list price: $799,999

Assoc Fee: $620

Taxes: $3,957

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Ryan

Basement: Finished Below Grade Unfinished Area: 194.0

Concessions: Buyer Closing

Costs/Seller Points Paid

Concessions Amount: 8500

Construction Materials:

Frame

Cooling: Central Air

Exterior Features: Garden

Fencing: Full Flooring: Carpet, Tile, Wood

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 2920

Lot Features: Corner Lot, CulDe-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1

Parking Total: 2

Patio And Porch: Patio

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Comparative Market Analysis

1504 Euclid Circle, Lafayette, Colorado 80026

Cody Smetzer 7202023941

Tax Legal Description: LOT

21 REPLAT OF LOT 25

AUTUMN MEADOWS FLG 1 & LOTS 15 - 23, 84 & 85

AUTUMN MEADOWS FLG 2

Remarks

Tax Year: 2022

Virtual Tour: View

Water Source: Public

Picture perfect home on corner lot in a cul-de-sac. Living room boasts large picture window with 2 story vaulted ceilings. Spacious kitchen with breakfast bar open to family room. Dining nook full of windows perfect for your morning coffee. Beautiful wood floors run through kitchen and family room seamlessly connecting the space. Main floor powder room and laundry finish off the main level. Luxurious large primary bedroom with stunning views and vaulted ceilings. Primary 5 piece bath with oversized closet. Loft area perfect for working at home or kids play area. Two additional bedrooms with a full bath in the hall complete the upper level. Finished basement ready for entertaining. Spacious game room with wet bar and surround sound speakers. Updated bathroom with gorgeous tile. 4th bedroom makes this space amazing for overnight guests. Great backyard with patio, garden area and sandbox. Fully fenced with a sprinkler system. This home has paid solar panels. Plus so many new upgrades! New furnace and AC -22, new upgraded electrical panel -22, new garage door -22, new windows (living room, primary bedroom, primary bath)-22, added attic insulation -22, radon mitigation system. Easy neighborhood access to nearby path and the Coal Creek Trail, Hwy 287 and US 36. Minutes from both old town Lafayette and Louisville shopping, dining and activities. Autumn Meadows is ideally situated and is 30 minutes to DIA and Denver and 20 minutes to Boulder.

Courtesy of LUX Denver Real Estate Company Information is deemed

reliable but not guaranteed.

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Lancelot

Full baths: 2.0

Half baths: 1.0

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

Association Yn: false

Basement: Bath/Stubbed, Cellar, Daylight, Finished, Full, Interior Entry/Standard

Below Grade Unfinished Area: 175.0

Building Area Source: Public Records

Quarter baths: 1.0

Lot Size (sqft): 7,000

Garages: 2

List date: 6/10/22

Off-market date: 10/10/22

Updated: Mar 26, 2023 7:01 AM

List Price: $750,000

Orig list price: $850,000

Taxes: $3,161

School District: Boulder Valley RE 2

High: Centaurus

Middle: Angevine

Elementary: Sanchez

Construction Materials: Frame

Cooling: Central Air

Exterior Features: Balcony, Garden, Private Yard, Rain

Gutters

Fencing: Full Flooring: Carpet, Tile

Foundation Details: Slab

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), High Ceilings, High Speed Internet, In-Law Floor Plan, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Levels: Two

Listing Terms: 1031

Exchange, Cash, Conventional, FHA, Jumbo, Other, VA Loan

Living Area Total: 3126

Main Level Bathrooms: 1

Main Level Bedrooms: 1

Parking Features: Storage

Parking Total: 2

Patio And Porch: Covered, Front Porch, Patio, Rooftop

Roof: Composition

Security Features: Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Comparative Market Analysis 1504 Euclid Circle, Lafayette, Colorado 80026

Cody Smetzer 7202023941

Tax Legal Description: LOT

72 LANCELOT PARK 2

Tax Year: 2021

Remarks

Window Features: Bay Window(s), Skylight(s), Window Coverings

HUGE PRICE IMPROVEMENT! New Roof - New A/C - New Carpet - New Paint - All Appliances Included Bright & open custom floor plan features vaulted ceilings & tasteful new kitchen with Quartz counters & top of the line kitchen appliances. Spacious bedrooms & over 3,300 square feet located one block from top rated schools in BVSD. This unique home features a 22 private balcony off the master suite, oversized bedrooms & ample storage throughout. Main floor (4th) bedroom makes for a great home office or guest room. The basement creates a great flex space or 5th bedroom with egress windows, partial kitchen & full bathroom waiting for your personal touch. Cellar can double as a storage room or workshop & HIDDEN staircase that leads to the garage (perfect for a mechanic). Oversized two car garage includes built-in shelving for additional storage space. Private backyard includes garden space, utility shed & a plethora of spices for the home chef. Shaded for just the right amount of privacy, cherry, apple & peach trees surround the property. New roof, upgraded venting and rain gutters provide peace of mind. Washer & dryer are included & all appliances are covered with a Home Warranty at closing. Great location, solid home & space to grow, this home is truly one-ofa-kind. Walk to Old Town Lafayette - Close to restaurants, shopping, parks & recreation. Easy access to E-470 allows for a quick commute to Denver or Boulder. No HOA & 1 year Home Warranty Included

Courtesy of Keller Williams Realty Downtown LLC Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparable Property Statistics

Sold Property Analysis

98.60%

It

Summary of Comparable Properties

A ACTIVE LISTINGS

P PENDING LISTINGS

S SOLD LISTINGS

X EXPIRED LISTINGS

Cody Smetzer 7202023941

INTELLIGENT PRICING & TIMING

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

Market Value

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparablesother similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it Most buyers shop by price range, and look for the best value in that range.

INTELLIGENT PRICING & TIMING

Your best chance of selling your home is in the first two weeks of marketing Your home is fresh and exciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks.

If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition Since you can’t change the location, you’ll have to improve the home’s condition or lower the price

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value

Analysis of the comparable properties suggests an initial list price range of to attract a multiple offer situation in first weekend:

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Note from Cody:

Based on my finding and in order to obtain the highest price possible using our SOLDin65 Innovative home selling program I suggest an initial listing price of $625,000 to $675,000 with a goal to get enough activity from buyers and their agents to create multiple offer situations in the first weekend in order to increase your profits at the close of your home.

Cody Smetzer 7202023941