at Keller Williams Integrity
MarComparativeketAnalysis 2358 Shipman St, Lochbuie, Colorado 80603 2358 Shipman St CMA AUGUST 18, 2022 David Kirilchuk
2358 Shipman St, Lochbuie, CO 80603-5929, Weld County Active Listing APN: R0268101 CLIP: 3930659246 MLS Beds 5 MLS Full Baths 2 Half Baths N/A MLS List Price $570,000 MLS List Date 06/25/2022 MLS Sq Ft 2,703 Lot Sq Ft 10,350 Yr Built 2019 Type SFR OWNER INFORMATION Owner Name Shaw Terry A Mailing ZIP 4 5929 Mailing Address 2358 Shipman St Mailing Carrier Route R026 Mailing City & State Lochbuie, CO Owner Occupied Yes Mailing Zip 80603 LOCATION INFORMATION Property Zip 80603 Census Tract 19 13 Property Zip4 5929 Township 01 Property Carrier Route R026 Range 66 School District Weld County S/D Re 3(J) Section 35 Elementary School Louchbuie Quarter NW Middle School Weld Central Block 94 High School Weld Central Lot 4 Subdivision Silver Peaks Fg#1 TAX INFORMATION PIN R0268101 % Improved 84% Alternate PIN 147135222004 Tax District 6034 Schedule Number R0268101 Legal Description LOC 1SP L4 BLK94 SILVER PEAK S FG 1 ASSESSMENT & TAX Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $65,000 $65,000 $45,000 $14,665 Market Value Improved $338,346 $338,346 $326,654 Market Value Total $403,346 $403,346 $371,654 $14,665 Assessed Value Land $4,520 $4,650 $3,220 $4,250 Assessed Value Improved $23,520 $24,190 $23,360 Assessed Value Total $28,040 $28,840 $26,580 $4,250 YOY Assessed Change (%) 2.77% 8.5% 525.41% YOY Assessed Change ($) $800 $2,260 $22,330 Tax Year Total Tax Change ($) Change (%) 2019 $585 2020 $3,495 $2,911 497 78% 2021 $3,918 $423 12 1% CHARACTERISTICS Lot Acres 0.238 Baths Total 3 Lot Sq Ft 10,350 MLS Total Baths 3 Land Use County Residential Baths Full Tax: 3 MLS: 2 Land Use CoreLogic SFR Stories 2 Building Type Single Family Cooling Type Central Year Built 2019 Garage Type Built-In Bldg Sq Ft Above Ground 2,703 Garage Capacity MLS: 2 Bldg Sq Ft Finished 2,703 Garage Sq Ft 441 Basement Type MLS: Slab Roof Material Composition Shingle # Buildings 1 Exterior Frame Bedrooms 5 FEATURES Feature Type Size/Qty 2 Story 2,703 Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/18/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3
SELL SCORE Rating Low Value As Of 2022 08 14 05:02:51 Sell Score 450 LISTING INFORMATION MLS Listing Id 8837282 MLS Current Price $570,000 MLS Days On Market 55 MLS Original List Price $599,000 MLS Source REcolorado MLS Listing Contract Date 06/25/2022 MLS Status Active MLS List Office Name RE/MAX PROFESSIONALS MLS Status Change Date 06/25/2022 MLS List Agent Full Name 55048164-Seantay Phelps LAST MARKET SALE & SALES HISTORY Sale Date 06/13/2019 Deed Type Special Warranty Deed Sale Price $385,570 Owner Name Shaw Terry A Price per SqFt Finished $142 65 Seller Melody Hms Inc Document Number 4497530 Sale Date 06/13/2019 07/16/2018 07/02/2015 Sale Price $385,570 $6,480,200 $7,850,300 Buyer Shaw Terry A Melody Hms Inc William Sub Silp LLC Seller Melody Hms Inc Wm Sub Silp LLC Sp Lochbuie LLC Document Number 4497530 4416559 4121148 Document Type Special Warranty Deed Special Warranty Deed Special Warranty Deed Title Company Heritage Title Co First American Title Commerce Title Co Multi/Split Sale Type Multi Multi MORTGAGE HISTORY Mortgage Date 10/29/2020 06/14/2019 12/20/2016 03/29/2013 09/09/2011 Mortgage Amount $269,309 $263,827 $5,247,000 Mortgage Lender Sun West Mtg Co Inc Dhi Mtg Co Ltd Western Alliance Bk Bank Of The West Bank Of The West Borrower Shaw Terry A Shaw Terry A William Sub Silp LLC Sp Lochbuie LLC Sp Lochbuie LLC Mortgage Type Va Conventional Mortgage Purpose Refi 1st Time Sale Construction Refi Refi Mortgage Int Rate Mortgage Int Rate Type Adjustable Int Rate Loa n Mortgage Term 30 30 3 5 2 Mortgage Term Years Years Years Years Years Title Company Chicago Title Co Land Title Corp Heritage Title Co Heritage Title Co Mortgage Date 11/12/2009 11/12/2009 05/28/2009 Mortgage Amount $2,000,000 $5,055,317 Mortgage Lender Bromley Co LLC Bromley Co LLC Bank Of The West Borrower Sp Lochbuie LLC Sp Lochbuie LLC Sp Lochbuie LLC Mortgage Type Mortgage Purpose Nominal Nominal Refi Mortgage Int Rate 16 2 Mortgage Int Rate Type Adjustable Int Rate Loan Mortgage Term 1 1 2 Mortgage Term Years Years Years Title Company Land Title Guarantee Land Title Guarantee Land Title Guarantee Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/18/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/18/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3/3
Online Valuation Analysis How accurate are Zestimates? 3.5% $20,400 Zestimates varied up to 3.5% or $20,400 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 2434 Ruby Avenue $557,000 $557,004 0 0% 1079 Cable Street $560,000 $561,403 0 3% S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 1209 Brio Street 6/29/22 $555,000 $564,300 1.7% 1958 Ruby Court 7/8/22 $570,000 $560,000 1.8% 2349 Shipman Street 6/20/22 $579,000 $558,600 3.5% Source: Zillow 2 Active 3 Sold Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 4
Map of Comparable Listings STATUS: A = ACTIVE S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 2358 Shipman St 5 3.00 2,703 2 6178123 A 2434 Ruby Avenue 5 3.00 2,579 $557,000 3 9527300 A 1079 Cable Street 4 3.00 2,542 $560,000 4 5586449 S 1209 Brio Street 4 3.00 2,542 $555,000 5 7480553 S 1958 Ruby Court 4 3.00 2,542 $570,000 6 3317589 S 2349 Shipman Street 5 3.00 2,703 $579,000 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 5
2434 Ruby Avenue Lochbuie, CO 80603 MLS #6178123 $557,000 5 Beds 3.00 Baths 2,579 Sq. Ft. ($216 / sqft) ACTIVE 8/10/22 Year Built 2019 Days on market: 7 Details Prop Type: Single Family Residence County: Weld Subdivision: Silver Peaks Full baths: 3.0 Lot Size (sqft): 7,345 Garages: 2 List date: 8/10/22 Updated: Aug 17, 2022 5:46 AM List Price: $557,000 Orig list price: $557,000 Assoc Fee: $33 Taxes: $3,918 School District: Weld County RE 3-J High: Weld Central Middle: Weld Central Elementary: Lochbuie Features Appliances: Dishwasher, Microwave, Range, Refrigerator Association Fee Frequency: Monthly Association Name: Advance HOA Association Phone: 303-482 2213 Association Yn: true Basement: Crawl Space Building Area Source: Builder Construction Materials: Frame, Wood Siding Cooling: Central Air Exterior Features: Private Yard Fireplace Features: Insert, Living Room, Rec/ Bonus Room Fireplaces Total: 2 Flooring: Linoleum,Carpet,Wood Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk In Closet(s), Wired for Data Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2579 Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Main Level Bedrooms: 1 Parking Total: 2 Pets Allowed: No Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 6
Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 7
Remarks This delightful 5-bedroom 3-bath abode is front-facing to an open space and perfectly situated in the Silver Peaks development. The shopping and dining variety of Prairie Center Shopping can be found within comfortable driving distance. Within walking, radius includes Meadow Ridge Elementary school. The generous, attractively landscaped property surrounding the primary structure provides plenty of room for recreation. Looking out over the landscaping, a breezy front porch greets you home and is a nice spot for relaxing with beverages and books. Inside, the home offers a wealth of comforts. The interior designer of the household will appreciate the creative opportunities presented by the open floor plan, with its neutral color palette. There is a bedroom in the main living area, perfect for guests. Also, you will find a flex space that can be used as a home office or formal dining room. The roomy kitchen features inspiring counter space in an attractive island layout. The primary bedroom is a sanctuary of respite from the day. In addition to the convenience of the private bathroom, with double vanity, you will find plenty of walk-in closet space to let your wardrobe breathe. No need to use the walk-in for towels or sheets. A separate linen closet provides ample extra space. The other four bedrooms, all with an abundance of closet space, are distributed throughout the house, giving residents some elbow room. A driveway with ample accommodation for two vehicles leads to an attached two-car garage. Easy access to I-76. Only 27 miles to Downtown Denver and 20 miles to Denver International Airport. Silver Peaks has spacious country living with small town values and is surrounded by open space!
Tax Legal Description: LOC 1SP L4 BLK93 SILVER PEAKS FG 1 Tax Year: 2021 Utilities: Cable Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings
2434 Ruby Avenue Lochbuie, CO 80603 MLS #6178123 $557,000 5 Beds 3.00 Baths 2,579 Sq. Ft. ($216 / sqft) ACTIVE 8/10/22 Year Built 2019 Days on market: 7 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 8
1079 Cable Street Lochbuie, CO 80603 MLS #9527300 $560,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($220 / sqft) ACTIVE 8/13/22 Year Built 2018 Days on market: 1 Details Prop Type: Single Family Residence County: Weld Subdivision: Silver Peaks Full baths: 2 0 Half baths: 1.0 Lot Size (sqft): 6,744 Garages: 2 List date: 8/13/22 Updated: Aug 14, 2022 2:01 AM List Price: $560,000 Orig list price: $560,000 Assoc Fee: $33 Taxes: $3,702 School District: Weld County RE 3-J High: Weld Central Middle: Weld Central Elementary: Lochbuie Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds Association Name: Silver Peaks Lochbuie Community Association Phone: 720 314-9294 Association Yn: true Builder Name: D.R. Horton, Inc Building Area Source: Public Records Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air Direction Faces: East Electric: 110V Fencing: Full Flooring: LinoleumCarpet, Heating: Forced Air Interior Features: Ceiling Fan(s), High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Smoke Free Levels: Two Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan Living Area Total: 2542 Lot Features: Sprinklers In Front Main Level Bathrooms: 1 Parking Features: Concrete, Dry Walled, Lighted Parking Total: 2 Patio And Porch: Front Porch Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 9
Pets Allowed: Cats OK, Dogs OK Property Condition: New Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOC 1SP L17 BLK95 SILVER PEAKS FG1 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available Water Source: Public Window Features: Double Pane Windows Remarks Look no further for that perfect home! Your family will enjoy all the features that DR. Horton homes have to offer. For starters the front porch is were you will want to enjoy your morning coffee. This perfectly manicured home walks you into a wide front entry, past your office and into the open floor plan with a living room perfect for entertaining your friends & family comfortably. You have stainless steel appliances with a gas range that are less than 4 yrs old and look new. The kitchen island with the sink allows you to prepare your foods and still have conversation. The west wall in the living room allows for natural sun light to come thru, adds to the flow of this house boasting neutral colors with light tones of grey & white. Your master suite has a over sized large walk in closet with plenty of room for shoes, hats & clothes. The loft is a perfect place for the kids to hang out and play their games. The four bedrooms are a perfect size and the best part of upstairs is the laundry room! Additionally you have parks throughout the neighborhood that are all walking distance. The backyard is a blank canvas ready for you to create it the way that you want. Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 10
1079 Cable Street Lochbuie, CO 80603 MLS #9527300 $560,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($220 / sqft) ACTIVE 8/13/22 Year Built 2018 Days on market: 1 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 11
1209 Brio Street Lochbuie, CO 80603 MLS #5586449 $555,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($218 / sqft) CLOSED 6/29/22 Year Built 2019 Days on market: 2 Details Prop Type: Single Family Residence County: Weld Subdivision: Silver Peaks Style: Contemporary Full baths: 2 0 Half baths: 1.0 Lot Size (sqft): 8,973 Garages: 2 List date: 6/1/22 Sold date: 6/29/22 Off-market date: 6/3/22 Updated: Jun 29, 2022 8:42 AM List Price: $543,700 Orig list price: $543,700 Assoc Fee: $33 Taxes: $3,792 School District: Weld County RE 3-J High: Weld Central Middle: Weld Central Elementary: Lochbuie Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Sump Pump Association Amenities: Park, Playground Association Fee Frequency: Monthly Association Fee Includes: Recycling, Trash Association Name: Advanced MangementHOA Association Phone: (303) 482 2213 Association Yn: true Builder Name: D.R. Horton, Inc Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Frame Cooling: Central Air Exterior Features: Private Yard Fencing: Full Flooring: Linoleum,Carpet,Vinyl Furnished: Unfurnished Green Energy Efficient: Appliances, Thermostat Heating: Forced Air Horse Yn: false Interior Features: Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data Laundry Features: In Unit Levels: Two Listing Terms: 1031 Exchange, Cash, Conventional, FHA Living Area Total: 2542 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 12
Comparative Market Analysis 2358 Shipman St,
80603 David
Remarks Beautifully maintained, like new 4 bedroom, 3 bathroom (with an office/flex space) home on a corner lot in the desired Silver Peaks community. This gorgeous 2500 square foot home was built in 2019 and boasts an open floor plan with an abundance of natural light. The main level has an office/flex space with custom shelving and French doors, a large open kitchen with island, a huge living area and powder room. Upstairs you will find a large loft perfect for a second living space, the master suite, three additional bedrooms, a second full bathroom and laundry room. The Concrete patio was just poured last year and provides the perfect outdoor living space. Don't wait for a home to built when you can own this one! This property shares a Brighton zip code, but is in Weld County- so taxes are lower than Brighton/Adams County. Showings begin Friday, June 3rd. Lochbuie, Colorado Kirilchuk
Cell: 7208400400 13
Lot Features: Corner Lot Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Patio Pets Allowed: Cats OK, Dogs OK Property Condition: Updated/Remodeled Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOC 1SP L10 BLK93 SILVER PEAKS FG 1 Tax Year: 2021 Virtual Tour: View Water Source: Public Window Features: Double Pane Windows
1209 Brio Street Lochbuie, CO 80603 MLS #5586449 $555,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($218 / sqft) CLOSED 6/29/22 Year Built 2019 Days on market: 2 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 14
1958 Ruby Court Lochbuie, CO 80603 MLS #7480553 $570,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($224 / sqft) CLOSED 7/8/22 Year Built 2018 Days on market: 3 Details Prop Type: Single Family Residence County: Weld Subdivision: Silver Peaks Full baths: 2 0 Quarter baths: 1.0 Lot Size (sqft): 5,633 Garages: 2 List date: 6/2/22 Sold date: 7/8/22 Off-market date: 6/5/22 Updated: Jul 7, 2022 9:01 PM List Price: $560,000 Orig list price: $560,000 Assoc Fee: $33 Taxes: $3,746 School District: Weld County RE 3-J High: Weld Central Middle: Weld Central Elementary: Lochbuie Features Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator Association Fee Frequency: Monthly Association Name: Silver Peaks HOA Association Phone: 303 483 2155 Association Yn: true Concessions: No Construction Materials: Frame Cooling: Central Air Heating: Forced Air Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2542 Main Level Bathrooms: 1 Parking Total: 2 Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOC 1SP L3 BLK97 SILVER PEAKS FG 1 Tax Year: 2021 Water Source: Public Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 15
Remarks Beautiful 4 bedroom 3 bath home located directly across from a open park. Great for kids. Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 16
1958 Ruby Court Lochbuie, CO 80603 MLS #7480553 $570,000 4 Beds 3.00 Baths 2,542 Sq. Ft. ($224 / sqft) CLOSED 7/8/22 Year Built 2018 Days on market: 3 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 17
2349 Shipman Street Lochbuie, CO 80603 MLS #3317589 $579,000 5 Beds 3.00 Baths 2,703 Sq. Ft. ($214 / sqft) CLOSED 6/20/22 Year Built 2019 Days on market: 4 Details Prop Type: Single Family Residence County: Weld Subdivision: Silver Peaks Style: Contemporary Full baths: 2 0 3/4 Baths: 1.0 Lot Size (sqft): 6,541 Garages: 2 List date: 4/21/22 Sold date: 6/20/22 Off-market date: 4/25/22 Updated: Jun 20, 2022 3:29 AM List Price: $550,000 Orig list price: $550,000 Assoc Fee: $33 Taxes: $3,918 School District: Weld County RE 3-J High: Weld Central Middle: Weld Central Elementary: Lochbuie Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Sump Pump, Washer Association Fee Frequency: Monthly Association Name: Advanced managemenHOA Association Phone: (303) 482 2213 Association Yn: true Building Area Source: Public Records Concessions: No Construction Materials: Frame Cooling: Central Air Fencing: Full Flooring: Carpet, Laminate, Wood Furnished: Negotiable Heating: Forced Air Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Kitchen Island, Laminate Counters, Pantry, Smart Thermostat, Walk-In Closet(s) Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2703 Main Level Bathrooms: 1 Main Level Bedrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Front Porch Roof: Composition Security Features: Carbon Monoxide Detector(s), Security System, Smart Locks, Video Doorbell Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 18
Senior Community Yn: false Sewer: Community Structure Type: House Tax Legal Description: LOC 1SP L12 BLK93 SILVER PEAKS FG 1 Tax Year: 2021 Window Features: Double Pane Windows Remarks This perfect use of space floorplan is great for any buyer. With 4 bedrooms plus loft upstairs, and a bedroom, full bath and office on the main level, there is no unused space. Located in the northern part of Brighton, this fast-growing part of Lochbuie/Brighton gives you easy access to I-76 and future developments. Open kitchen/family room is ideal for your gatherings of friends and family, and the backyard is ready for your creative touches. All appliances stay, including the washer and dryer in the upstairs laundry room, and the stainless-steel appliances around the kitchen island. The large master suite welcomes you with a sitting area and huge master closet. The loft can be converted to a bedroom with an existing closet already present. Smart features including doorbell cam, keyless entry, smart thermostat, and security system stay with home. Showings run from Friday to Sunday from 9am to 5pm. Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 19
2349 Shipman Street Lochbuie, CO 80603 MLS #3317589 $579,000 5 Beds 3.00 Baths 2,703 Sq. Ft. ($214 / sqft) CLOSED 6/20/22 Year Built 2019 Days on market: 4 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 20
Comparable Property Statistics A 2 Active Listings S 3 Sold Listings LOWEST $557,000 AVERAGE $558,500 HIGH $560,000 AVG PRICE / SQFT $218 AVG DOM 4 LOWEST $555,000 AVERAGE $568,000 HIGH $579,000 AVG PRICE / SQFT $219 AVG DOM 3 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 21
Sold Property Analysis Averages 103.0% Homes sold for an average of 103.0% of their list price. 3 Days on market It took an average of 3 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 1209 Brio Street $543,700 $555,000 102 08% 2 $218 1958 Ruby Court $560,000 $570,000 101.79% 3 $224 2349 Shipman Street $550,000 $579,000 105.27% 4 $214 Averages $551,233 $568,000 103.04% 3 $219 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 22
Summary of Comparable Properties A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 2434 Ruby Avenue 5 3.00 2,579 $557,000 $216 1079 Cable Street 4 3.00 2,542 $560,000 $220 Averages 2,560 $558,500 $218 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 1209 Brio Street 6/29/22 4 3.00 2,542 $555,000 $218 1958 Ruby Court 7/8/22 4 3.00 2,542 $570,000 $224 2349 Shipman Street 6/20/22 5 3.00 2,703 $579,000 $214 Averages 2,595 $568,000 $219 Comparative Market Analysis 2358 Shipman St, Lochbuie, Colorado 80603 David Kirilchuk Cell: 7208400400 23
PRICINGINTELLIGENT&TIMING
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.
ASKING PRICE PERCENTAGE OF BUYERS +10%+15% Market Value -15%-10% 90%75%60%30%10%
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.
☐ Fair market value attracts buyers, overpricing never does.
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 comparables - other similar homes that have sold or are currently for sale in the same area.
☐ The market never lies, but it can change its mind.
☐ The first two weeks of marketing are crucial.
at Keller Williams Integrity
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
TIME
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.
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.
ACTIVITY 1
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.
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.
3 4 5 6
at Keller Williams Integrity
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value. ON MARKET (IN WEEKS) 2
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.
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