Veronica’s Comparative Market Analysis

Page 1

at Keller Williams Integrity


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

This week the median list price for Denver, CO is $689,950 with the market action index hovering around 91. This is less than last month's market action index of 92. Inventory has increased to 202.

Real-Time Market Profile Median List Price

$689,950

Market Action Index

Median Price of New Listings

$593,750

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

Per Square Foot

$372

Average Days on Market

48

Median Days on Market

7

Price Decreased

20%

Price Increased

6%

Relisted

5%

Inventory

202

Median Rent

$2,455

Market Action

91

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

91

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market 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.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,700,000

4,499

4,500 - 6,500 sqft

5

4

66

19

18

52

$815,000

2,162

4,500 - 6,500 sqft

4

2

77

18

20

17

$588,000

1,721

4,500 - 6,500 sqft

3

2

73

27

24

0

$445,000

1,374

4,500 - 6,500 sqft

3

2

68

32

30

0

Sun Jan 30 2022

2 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Median List Price

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $800K

$750K

$700K

$650K

$600K

$550K

$500K Feb 2019

Jun 2019

Oct 2019

Feb 2020

Jun 2020

7-Day Average

Oct 2020

Feb 2021

Jun 2021

Oct 2021

Jan 2022

90-Day Average

Segments

Prices have generally settled at a plateau, although Quartile 1 is on a bit of an up trend in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 Feb 2019

Jun 2019

Oct 2019

Top 90-Day

Feb 2020

Jun 2020

Upper 90-Day

Oct 2020

Lower 90-Day

Sun Jan 30 2022

Feb 2021

Jun 2021

Oct 2021

Jan 2022

Bottom 90-Day

3 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $400

$375

$350

$325

$300

$275

$250 Feb 2019

Jun 2019

Oct 2019

Feb 2020

Jun 2020

7-Day Average

Oct 2020

Feb 2021

Jun 2021

Oct 2021

Jan 2022

90-Day Average

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 2K

1K

1K

750

500

250

0 Feb 2019

Jun 2019

Oct 2019

Feb 2020

Jun 2020

7-Day Average

Oct 2020

Feb 2021

Jun 2021

Oct 2021

Jan 2022

90-Day Average

Sun Jan 30 2022

4 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Market Action Index

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. 120

100

80

60

40

20 Feb 2019

Jun 2019

Oct 2019

Feb 2020

Jun 2020

7-Day Average

Oct 2020

Feb 2021

Jun 2021

Oct 2021

Jan 2022

90-Day Average

Market Action Segments

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. 120

100

80

60

40

20 Feb 2019

Jun 2019

Oct 2019

Top 90-Day

Feb 2020

Jun 2020

Upper 90-Day

Oct 2020

Lower 90-Day

Sun Jan 30 2022

Feb 2021

Jun 2021

Oct 2021

Jan 2022

Bottom 90-Day

5 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 51 days. Half of the listings have come newly on the market in the past 25 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 Feb 2019

Jun 2019

Oct 2019

Feb 2020

Jun 2020

7-Day Average

Oct 2020

Feb 2021

Jun 2021

Oct 2021

Jan 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125

100

75

50

25

0 Feb 2019

Jun 2019

Oct 2019

Top 90-Day

Feb 2020

Jun 2020

Upper 90-Day

Oct 2020

Lower 90-Day

Sun Jan 30 2022

Feb 2021

Jun 2021

Oct 2021

Jan 2022

Bottom 90-Day

6 of 6


2663 W Louisiana Ave, Denver, CO 80219-4227, Denver County Beds 2

Baths 2

Sale Price $39,000

Sale Date 01/01/1977

Bldg Sq Ft 2,766

Lot Sq Ft 7,870

Yr Built 1955

Type SFR

OWNER INFORMATION

Owner Name

Mondragon Robert H

Mailing Zip

80219

Owner Name 2

Mondragon Vera

Mailing ZIP 4

4227

Mailing Address

2663 W Louisiana Ave

Mailing Carrier Route

C027

Mailing City & State

Denver, CO

Owner Occupied

Yes

Property Zip

80219

Topography

Flat/Level

Property Zip4

4227

Neighborhood Code

Ruby Hill-0535

Property Carrier Route

C027

Neighborhood Name (OnBoard)

Ruby Hill

School District

Denver County 1

Traffic

Curb / Gut

Elementary School

Godsman

Township

04S

Middle School

West Leader

Range

68W

High School

Abraham Lincoln

Section

20

Zoning

E-SU-DX

Quarter

NE

Census Tract

14.01

LOCATION INFORMATION

TAX INFORMATION

PIN

5201-00-062

% Improved

75%

Alternate PIN

161458196

Tax District

DENV

Schedule Number

0520100062000

Legal Description

T4 R68 S20 NE/4 NE/4 DIF BOOK 1 384-543

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

2019

2018

Market Value - Land

$118,400

$103,600

$103,600

$88,800

Market Value - Improved

$276,600

$319,000

$319,000

$223,900

Market Value - Total

$395,000

$422,600

$422,600

$312,700

Assessed Value - Land

$8,470

$7,410

$7,410

$6,390

Assessed Value - Improved

$19,780

$22,810

$22,810

$16,120

Assessed Value - Total

$28,250

$30,220

$30,220

$22,510

YOY Assessed Change (%)

-6.52%

0%

34.25%

YOY Assessed Change ($)

-$1,970

$0

$7,710

Tax Year

Total Tax

2018

$1,184

Change ($)

Change (%)

2019 2020

$1,664

$479

40.46%

$1,712

$48

2.88%

CHARACTERISTICS

Lot Acres

0.1807

Total Rooms

5

Lot Sq Ft

7,870

Bedrooms

2

Land Use - County

Single Family Resident

Baths - Total

2

Land Use - CoreLogic

SFR

Baths - Full

2

Year Built

1955

Stories

1

Bldg Sq Ft - Above Ground

1,383

Fireplace

Y

Bldg Sq Ft - Basement

1,383

Fireplaces

2

Bldg Sq Ft - Finished Basement

1,383

Heat Type

Warm Air

Bldg Sq Ft - Total

2,766

Patio Type

Concrete/Masonry Patio

Bldg Sq Ft - Finished

2,766

Garage Type

Attached Garage

Bldg Sq Ft - 1st Floor

1,383

Garage Sq Ft

397

Basement Type

Full

Exterior

Brick

# Buildings

1

Quality

Average

FEATURES

Feature Type Property Details

Size/Qty Courtesy of Blake Buckley, REcolorado

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.

Generated on: 01/30/22 Page 1/3


Att Garage-Msnry

397

Opn Prch-Msry

94

Conc/Brck Patio

200

SELL SCORE

Rating

Low

Sell Score

362

Value As Of

2022-01-23 04:46:16

ESTIMATED VALUE

RealAVM™

$601,500

Confidence Score

58

RealAVM™ Range

$529,320 - $673,680

Forecast Standard Deviation

12

Value As Of

01/27/2022

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LAST MARKET SALE & SALES HISTORY

Sale Date

01/01/1977

Deed Type

Deed (Reg)

Sale Price

$39,000

Owner Name

Mondragon Robert H

Price per SqFt - Finished

$14.10

Owner Name 2

Mondragon Vera

Document Number

1384-543

Sale Date

01/01/1977

Sale Price

$39,000

Buyer

Mondragon Robert H & Vera

Buyer

Mondragon Vera

Document Number

1384-543

Document Type

Deed (Reg)

MORTGAGE HISTORY

Mortgage Date

10/19/2010

07/09/2009

03/19/2004

03/02/2004

Mortgage Amount

$100,800

$92,000

$80,000

$60,000

Mortgage Lender

US Bk Na/Nd

US Bk Na/Nd

US Bk National Assn

US Bk National Assn

Borrower

Mondragon Robert H

Mondragon Robert H

Mondragon Robert H

Mondragon Robert H

Borrower

Mondragon Vera

Mondragon Vera

Mondragon Vera

Mondragon Vera

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Refi

Fixed Rate Loan

Fixed Rate Loan

First American Equity Loan Svc

First American Equity Loan Svc

Mortgage Int Rate Type Mortgage Term

30

30

Mortgage Term

Years

Years

Title Company

Southwest Fin'l Svcs

Southwest Fin'l Svcs

Property Details

Courtesy of Blake Buckley, REcolorado

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.

Generated on: 01/30/22 Page 2/3


PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Blake Buckley, REcolorado

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.

Generated on: 01/30/22 Page 3/3


Map of Property Locations

1765 W Florida, Denver, CO 80223 Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:

6078805 Pending 12/21/21 $525,000 SFR 2,226 3/2 303.875.6702

1901 W Florida Avenue, Denver, CO 80223 Listing Id: 3921820 Status: Closed 12/03/21 Price: $480,000 3 Subtype: SFR Ttl SqFt: 1,786 Bd/Bth: 3/2 Show #: 303-573-7469

3240 W Mexico Avenue, Denver, CO 80219 Listing Id: 3611045 Status: Closed 09/28/21 Price: $440,000 Subtype: SFR 2 Ttl SqFt: 1,956 Bd/Bth: 3/2 Show #: 303-573-7469 1198 S Alcott Street, Denver, CO 80219 Listing Id: 5282421 Status: Closed 10/01/21 Price: $490,000 Subtype: SFR 4 Ttl SqFt: 2,095 Bd/Bth: 3/2 Show #: 800-746-9464


800 S Eliot Street, Denver, CO 80219 Listing Id: 9901585 Status: Closed 08/27/21 Price: $520,000 5 Subtype: SFR Ttl SqFt: 1,902 Bd/Bth: 2/2 Show #: 1177 S Dale Court, Denver, CO 80219 Listing Id: 3330603 Status: Closed 09/24/21 Price: $480,000 7 Subtype: SFR Ttl SqFt: 1,426 Bd/Bth: 2/2 Show #: 303-573-7469

1343 S Irving Street, Denver, CO 80219 Listing Id: 8319606 Status: Closed 11/02/21 Price: $452,000 Subtype: SFR 6 Ttl SqFt: 1,305 Bd/Bth: 2/2 Show #: 8557469451 1834 S Bryant Street, Denver, CO 80219 Listing Id: 9234159 Status: Closed 11/18/21 Price: $425,000 Subtype: SFR 8 Ttl SqFt: 2,268 Bd/Bth: 3/2 Show #: 800-746-9464


Broker 1 Page 1765 W Florida, Denver, CO 80223 (Status: Pending B/U, Listing ID: 6078805) County: Denver List Price: $525,000 Property Type: Residential Original List Price: $585,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1961 Subdivision Name: Ruby Hill Listing Contract Date: 08/04/2021 Purchase Contract Date: 12/21/2021 Contingency: None Known Accepting Backups: Yes Days In MLS: 128 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,350 Tax Year: 2020 Tax Legal Desc: W 50 FT OF E 560 FT OF S 185 FT OF SE1/4 OF SE1/4 OF NW1/421-4-68 EXC S 30 FT THEREOF Interior Area & SqFt Building Area Total (SqFt Total): 2,226 Living Area (SqFt Finished): 1,113 Above Grade Finished Area: 1,113 Below Grade Total Area: 1,113 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,113 PSF Total: $236 PSF Finished: $472 PSF Above Grade: $472 Basement: Bath/Stubbed, Finished, Full Bsmnt Ceiling Ht: Foundation: Block Fireplace: 1/Living Room, Wood Burning Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Cooktop, Dryer, Freezer, Refrigerator, Washer Flooring: Carpet, Laminate, Linoleum Furnished: Negotiable Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 2 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.18 Acres / 7,750 SqFt Waterfront Feat: Lot Features: Greenbelt Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Brick Roof: Composition Exterior Features: Dog Run, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Great turn-key brick home located in the trendy Ruby Hill area a neighborhood in Denver, Colorado! 3 bedroom with potential of a 4th! Living in the Ruby Hill area offers residents an urban suburban mix feel close to schools and most residents own their homes. Ruby Hill offers a variety of restaurants, watering holes, parks, public swimming pools and its own Levitt Pavilion Amphitheater which has 5... Confidential Information Private Remarks: Go & Show! Lockbox located on front railing call agent for code 303.875.6702 ALL SHOWINGS MUST have a licensed and bonded Colorado Broker present. TAKE PRECAUTIONS AGAINST COVID-19. No more than 3 people (agent plus 2) in the house at one time. DO NOT enter if you have tested positive, are showing illness symptoms, or have been around people with COVID-19 within 10-14 days. Lock all doors and turn Buyer Agency Comp: 3% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3% Contract Earnest Check To: Fidelity Title Possession: Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA Title Company: Fidelity Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:

303.875.6702 Show Email: Shelly@rockymountainrealty.biz No Showings Until: 08/02/21 Go and show appointments thru RE Colorado or contact agent 303.875.6702. Please adhere to Covid safety protocols. turn off lights, make sure doors are locked, lock box on carport rail.

List Agent: Shelly Bueno List Office: ROCKY MOUNTAIN REALTY Email:

List Agent Phone: 303-875-6702 Mobile: 303-875-6702

shelly@rockymountainrealty.biz Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


Full Property View

1765 W Florida, Denver, CO 80223

----

$525,000 - Pending


3240 W Mexico Avenue, Denver, CO 80219 (Status: Closed, Listing ID: 3611045) Close Price: $440,000 County: Denver List Price: $399,900 Property Type: Residential Original List Price: $399,900 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1961 Subdivision Name: Boulevard Acres Listing Contract Date: 08/05/2021 Purchase Contract Date: 08/10/2021 Contingency: None Known Close Date (DIM): 09/28/2021 Days In MLS: 5 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,710 Tax Year: 2019 Tax Legal Desc: BOULEVARD ACRES S 129.5FT OF N 159.5FT OF E 53.25 FT OF L14 Interior Area & SqFt Building Area Total (SqFt Total): 1,956 Living Area (SqFt Finished): 1,907 Above Grade Finished Area: 978 Below Grade Total Area: 978 Below Grade Finished Area: 929 Below Grade Unfinished Area: 49 PSF Total: $225 PSF Finished: $231 PSF Above Grade: $450 Basement: Finished, Full Bsmnt Ceiling Ht: Heating: Forced Air Cooling: None HVAC Description: Interior Features: Ceiling Fan(s) Appliances: Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.16 Acres / 6,900 SqFt Waterfront Feat: Lot Features: Level Elementary School: Johnson / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Construction Materials: Brick Roof: Unknown Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks **Opportunity Knocks** Great Value with even Greater Opportunity!! Good Looking Ranch Style Home sitting on a nice sized Lot! Requires sewer line replacement but priced to compensate. With some updating and personal touch it will make a WONDERFUL home for years to come! Enjoy your new home year round.....Walk out to your relaxing back Covered Patio. Have a nice cup of coffee in the morning and enj... Confidential Information Private Remarks: Contingent on seller closing on replacement home. Basement bedroom non conforming. See Quote from Master Rooter Plumbing LLC uploaded in Supplements Section. Call listing agent for details. Due to COVID-19 outbreak, in-person showings will be limited to genuinely interested, prequalified buyers only. Any party who does not agree to both (a) & (b) health statements on the COVID-19 Disclosure is a Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Frank Duran List Office: RE/MAX ALLIANCE Email: Frank@FrankDuranhomes.com Co List Agent: Renee Duran Co List Office: RE/MAX ALLIANCE Email:

reneehduran@gmail.com

Buyer Agent: Abel Reyes Buyer Office: The BLOCK inc Email:

ABEL2SELL@GMAIL.COM

Concessions: No Buyer Financing: FHA

List Agent Phone: 720-316-5004 Mobile: 720-316-5004 Phone: 720-912-5525 Mobile: 720-912-5525 Buyer Agent Phone: 720-435-9393 Mobile: 720-435-9393 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


3240 W Mexico Avenue, Denver, CO 80219

----

$440,000 - Closed


1901 W Florida Avenue, Denver, CO 80223 (Status: Closed, Listing ID: 3921820) Close Price: $480,000 County: Denver List Price: $485,000 Property Type: Residential Original List Price: $485,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1937 Subdivision Name: Ruby Hills Listing Contract Date: 10/21/2021 Purchase Contract Date: 10/28/2021 Contingency: None Known Close Date (DIM): 12/03/2021 Days In MLS: 7 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,880 Tax Year: 2020 Tax Legal Desc: PT SE/4 NW/4 21-4-68 DAF BEG AT PT 769.2FT W OF & 30FT N OF SE COR SD NW/4 TH N AT R/A 155FT TH W 100FT TH S 155FT TH E 100FT TO POB Interior Area & SqFt 1,786 Living Area (SqFt Finished): 1,750 Above Grade Finished Area: 1,068 718 Below Grade Finished Area: 682 Below Grade Unfinished Area: 36 $269 PSF Finished: $274 PSF Above Grade: $449 Bsmnt Ceiling Ht: low Fireplace:

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Partial Foundation: Slab Heating: Forced Air Cooling: None HVAC Description: Interior Features: Granite Counters Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer Flooring: Carpet, Laminate, Tile Furnished: Unfurnished Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 9 Garage Spaces: 2 Offstreet Spaces: 5 Carport Spaces: 0 Reserved Spaces: 0 RV Spaces: 2 Site & Location Information Lot Size: 0.36 Acres / 15,500 SqFt Waterfront Feat: Lot Features: Level Horse: No Ski Features: Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Wood Siding Roof: Architectural Shingles Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Updated home in Metro Denver. Homes features 3bed/2bath, Large detached garage (great for working or workshop), extra large lot with lots of parking, will fit multiple TVs, work trucks, and many more vehicles. Home has recently been updated. Sold AS-IA. Must See ASAP! Confidential Information Private Remarks: Broker uses CTME. All information is deemed reliable but not guaranteed. Buyers and buyer’s agent are responsible for verifying all measurements, and disclosures. All offers require lender letter or proof of funding. Contact listing agent for more details. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent: Nam Tran List Office: Signature Real Estate Corp. Email: nam@resignature.com Buyer Agent: Kevin Ravenscroft Buyer Office: Signature Real Estate Corp. Email: kevinmraven@gmail.com Concessions: No Buyer Financing: FHA

List Agent Phone: 720-261-5327 Mobile: 720-261-5327 Buyer Agent Phone: 303-960-0406 Mobile: Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


1901 W Florida Avenue, Denver, CO 80223

----

$480,000 - Closed


1198 S Alcott Street, Denver, CO 80219 (Status: Closed, Listing ID: 5282421) Close Price: $490,000 County: Denver List Price: $462,000 Property Type: Residential Original List Price: $462,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1954 Subdivision Name: Perl Mack/Ruby Hill Listing Contract Date: 09/03/2021 Purchase Contract Date: 09/05/2021 Contingency: None Known Close Date (DIM): 10/01/2021 Days In MLS: 2 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,807 Tax Year: 2020 Tax Legal Desc: L 27 BLK 1 PERL MACK SUB Interior Area & SqFt Building Area Total (SqFt Total): 2,095 Living Area (SqFt Finished): 1,976 Above Grade Finished Area: 1,103 Below Grade Total Area: 992 Below Grade Finished Area: 873 Below Grade Unfinished Area: 119 PSF Total: $234 PSF Finished: $248 PSF Above Grade: $444 Basement: Cellar, Crawl Space, Finished, Full Bsmnt Ceiling Ht: Foundation: Concrete Perimeter, Slab Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: new in 2019 Interior Features: Ceiling Fan(s), High Speed Internet, Radon Mitigation System, Smoke Free Appliances: Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Linoleum, Vinyl Exclusions: Staging items. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,060 SqFt Waterfront Feat: Lot Features: Landscaped, Level Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Compass Academy / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Frame, Metal Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks ===>> Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer relies upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers. <<=== ** Wonderfully Situated in Ruby Hill, This Home Is Move-In Ready ** Popular Ranch-Style Floorplan with Space to Live Well... Confidential Information Private Remarks: ===> It is the request of the Seller to keep the property clean and disinfected. By entering the property, it is your acknowledgment that you and your clients will follow the rules established by the Seller. <=== * Remove Shoes or Use the Provided Shoes Coverings, Use Provided Wipes if Touching Anything and Dispose in the Provided Trash Can * Overlapping Showings Are Prohibited * Only Agent and S Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Doug Phelps List Office: Colorado Home Realty Email:

DOUGMOVESYOU@GMAIL.COM

Buyer Agent: Tabitha Bartel Buyer Office: Your Castle Real Estate Inc Email:

tabitha@homewithimpact.com

Concessions: Other, $0 Buyer Financing: Conventional

List Agent Phone: 720-323-4176 Mobile: 720-323-4176 Buyer Agent Phone: 303-526-6317 Mobile: 303-526-6317 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


1198 S Alcott Street, Denver, CO 80219

----

$490,000 - Closed

Welcome!

Living room entrance

Kitchen

Dining room

Primary bedroom


800 S Eliot Street, Denver, CO 80219 (Status: Closed, Listing ID: 9901585) Close Price: $520,000 County: Denver List Price: $500,000 Property Type: Residential Original List Price: $500,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1929 Subdivision Name: Athmar Park Listing Contract Date: 07/27/2021 Purchase Contract Date: 08/01/2021 Contingency: None Known Close Date (DIM): 08/27/2021 Days In MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,862 Tax Year: 2019 Tax Legal Desc: MOUNTAIN VIEW PARK B40 PRT PLOT 1 BEG NW COR PLOT 1 TH S 50.02FT E 30.14FT S 5.38FT E 10.61FT S 9.74FT E 25.83FT N 20.18FT E 58.33FT N 45.03FT W 124.91FT TPOB Interior Area & SqFt 1,902 Living Area (SqFt Finished): 1,877 Above Grade Finished Area: 1,463 439 Below Grade Finished Area: 414 Below Grade Unfinished Area: 25 $273 PSF Finished: $277 PSF Above Grade: $355 Bsmnt Ceiling Ht: Fireplace: Family Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Partial Foundation: Heating: Hot Water Cooling: Air Conditioning-Room HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Wood Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 2 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.15 Acres / 6,410 SqFt Waterfront Feat: Lot Features: Corner Lot, Level, Near Public Transit, Sprinklers In Front Elementary School: Goldrick / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Tudor Direction Faces: West View: Construction Materials: Brick Roof: Spanish Tile Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome to "The Modern Tudor in Athmar Park"! This home has all the character that you expect in a 1929 Tudor with the finishes and feel of a modern home. The natural hardwood floors are in phenomenal condition, and natural sunlight gleams off them throughout the main floor in the bright office, family room, dining room, bedroom and kitchen. The interior of the home has been freshly painted in 202... Confidential Information Private Remarks: No showings until 7/28/2021. Showings from 8 a.m. - 2 p.m. daily. Offers will be reviewed as they are received. Please give at least 24 hours for Sellers to respond. Sprinkler System Installed - 2019; French Drain Installed - 2020; New Fence Installed - 2020; Fresh Concrete Poured on Main Walkway & on Patio in Side Yard - 2020; New Grass & Mulch Added to Yard - 2020; Tuck-pointing Completed Aroun Buyer Agency Comp: 2.80% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.80%

List Agent: Chad Thurman List Office: Compass - Denver Email:

chad.thurman@compass.com

Buyer Agent: Ron Buss Buyer Office: Coldwell Banker Realty 18 Email:

ron@btdproperties.com

Concessions: Buyer Closing Costs/Seller Points Paid, $1,000 Buyer Financing: Conventional

List Agent Phone: 303-947-4907 Mobile: 303-947-4907 Buyer Agent Phone: 303-808-5390 Mobile: 303-808-5390 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


800 S Eliot Street, Denver, CO 80219

----

$520,000 - Closed

"The Modern Tudor in Athmar Park" - Welcome Home!

Classic 1929 Tudor

New Fence Installed - 2020. New Grass & Mulch Added - 2020.

Gorgeous Patio in Side Yard - Fresh Concrete Poured - 2020

Big, bright kitchen with new stainless steel appliances (2021)

Big, bright kitchen is filled with natural sunlight!

Lots of Counter Space & Cabinet Storage

Family Room with Tons of Character & Gorgeous Hardwood Floors!

Family Room is Flooded with Natural Sunlight

Bright and Private Home Office is Designed for Productivity!

Big Master Bedroom Has Tons of Room to Add An Ensuite Bathroom in Back Right Portion (SW corner)

Main Floor Bathroom

Spacious Dining Room

Spacious Dining Room Has Gorgeous Hardwood Floors in Pristine Condition

Spacious and Bright Living Room has Freshly Cleaned Carpets (2021)


1343 S Irving Street, Denver, CO 80219 (Status: Closed, Listing ID: 8319606) Close Price: $452,000 County: Denver List Price: $450,000 Property Type: Residential Original List Price: $450,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1953 Subdivision Name: Garfield Heights Listing Contract Date: 08/26/2021 Purchase Contract Date: 10/04/2021 Contingency: None Known Close Date (DIM): 11/02/2021 Days In MLS: 39 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,661 Tax Year: 2019 Tax Legal Desc: GARFIELD HGTS NEW FLG TR 56 TO 58 DIF BOOK 0271-103 Interior Area & SqFt Building Area Total (SqFt Total): 1,305 Living Area (SqFt Finished): 1,305 Above Grade Finished Area: 1,305 PSF Total: $346 PSF Finished: $346 PSF Above Grade: $346 Foundation: Concrete Perimeter Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Smoke Free Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Refrigerator Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: Seller personal property including security cameras. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 1 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.20 Acres / 8,710 SqFt Waterfront Feat: Lot Features: Irrigated, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Cms Community / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome! Here you have a beautiful home that has been well cared for. When approaching the house, you are welcomed with a lovely stamped concretecovered porch. As you enter the home, it opens to a large living room with lots of space. The dining room and kitchen have gorgeous refinished hardwood floors that give an elegant feel to the space. The kitchen has all stainless steel appliances and a co... Confidential Information Private Remarks: Seller has security cameras on the exterior of the house. Information is not guaranteed. Buyer and Buyers agent are to verify all information. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 1.2% List Agent Phone: 720-495-7879 Mobile: 720-495-7879

List Agent: Jason Fernandez List Office: The BLOCK inc Email: Jasonf.realestate@gmail.com Co List Agent: Alexis Bryant Co List Office: The BLOCK inc Email:

Abryantrealestate@gmail.com

Buyer Agent: Eriqueca Sanders Buyer Office: 303 REALTY GROUP INC Email:

eriqueca@303realty.net

Concessions: Buyer Closing Costs/Seller Points Paid, $6,000 Buyer Financing: VA

Phone: 303-437-2962 Mobile: 303-437-2962 Buyer Agent Phone: 303-495-2125 Mobile: 720-435-3300 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


1343 S Irving Street, Denver, CO 80219

----

$452,000 - Closed


1177 S Dale Court, Denver, CO 80219 (Status: Closed, Listing ID: 3330603) Close Price: $480,000 County: Denver List Price: $460,000 Property Type: Residential Original List Price: $460,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1954 Subdivision Name: Rose Acres Listing Contract Date: 09/02/2021 Purchase Contract Date: 09/07/2021 Contingency: None Known Close Date (DIM): 09/24/2021 Days In MLS: 5 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,762 Tax Year: 2020 Tax Legal Desc: S 76FT OF PLOT 6 ROSE ACRES Interior Area & SqFt 1,426 Living Area (SqFt Finished): 1,426 Above Grade Finished Area: 1,426 $337 PSF Finished: $337 PSF Above Grade: $337 Fireplace: 1/Living Room

Building Area Total (SqFt Total): PSF Total: Foundation: Slab Heating: Forced Air Cooling: None Appliances: Dishwasher, Disposal, Dryer, Oven Flooring: Carpet, Laminate Furnished: Partially Exclusions: None

HVAC Description:

Bed & Bath Summary 2 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 5 Garage Spaces: 5 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.52 Acres / 22,811 SqFt Waterfront Feat: Lot Features: Level, Many Trees, Near Public Transit Horse: No Ski Features: Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Brick Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Investor Special - Eastern Section of Ruby Hill - Zoned E-SU-DX - Currently 2 single family properties occupy this 1/2 acre lot along with a detached garage/outbuilding for a workshop or storage and is the equivalent of a 4+ Car Garage - This Oversized Lot is Ready For Development, bring your best offer for this great opportunity! Property #2 is deemed uninhabitable. Buyer to verify zoni... Confidential Information Private Remarks: Urban Edge - Single Unit - Dx (6,000 sq ft minimum zone lot size, x = Suburban House building form allowed) Buyer to take property as is and verity and info. Property is an estate sale. ***WE ARE IN A MULTIPLE OFFER SITUATION*** Please complete your due diligence at the property and submit your highest and best offer with proof of funds and preapprovals as needed. Deadline for offer submiss Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0% Bedrooms Total: Baths Full:

2 2

Bathrooms Total: Baths Three Quarter:

List Agent: Jeff Lovato List Office: Keller Williams Integrity Real Estate LLC Email:

jefflovato@kw.com

Buyer Agent: Shantell Quintanar Buyer Office: Keller Williams Realty Success Email:

shantellq@gmail.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 720-854-4834 Mobile: 720-854-4834 Buyer Agent Phone: 303-905-7680 Mobile: 303-905-7680 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


1177 S Dale Court, Denver, CO 80219

----

$480,000 - Closed


1834 S Bryant Street, Denver, CO 80219 (Status: Closed, Listing ID: 9234159) Close Price: $425,000 County: Denver List Price: $420,000 Property Type: Residential Original List Price: $420,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1956 Subdivision Name: Garden Park Listing Contract Date: 10/15/2021 Purchase Contract Date: 10/18/2021 Contingency: None Known Close Date (DIM): 11/18/2021 Days In MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,695 Tax Year: 2020 Tax Legal Desc: THE N 50FT OF S 450FT EXC W 30 FT & E 8FT OF L 23 GARDEN PARK Interior Area & SqFt 2,268 Living Area (SqFt Finished): 2,268 Above Grade Finished Area: 1,319 949 Below Grade Finished Area: 949 Below Grade Unfinished Area: 0 $187 PSF Finished: $187 PSF Above Grade: $322 Bsmnt Ceiling Ht: 8 Ft Fireplace: 1/Wood Burning Stove

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Foundation: Slab Heating: Forced Air Cooling: None HVAC Description: Interior Features: Radon Mitigation System Appliances: Disposal, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: Washer, dryer, refrigerator, and all of the sellers personal property. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 0 Offstreet Spaces: 3 Site & Location Information Lot Size: 0.15 Acres / 6,320 SqFt Waterfront Feat: Lot Features: Landscaped, Level, Near Public Transit Horse: No Ski Features: Elementary School: Schmitt / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: West View: Construction Materials: Brick Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Charming all-brick home in highly desirable Denver County! Nicely maintained yard with an adorable curving walkway that leads you up to the front entry. The main floor has a large dining area off the kitchen. Down the hall are 3 main floor bedrooms and a full bathroom. There is a very large addition to the back of the house with a wood burning stove and backyard access. Lots of windows! Very brigh... Confidential Information Private Remarks: ***THERE IS NO YARD SIGN PER THE REQUEST OF THE SELLER*** Thank you for showing this property! Please give a 48 hour acceptance deadline. The sellers reserve the right to accept any offer at any time. Please include loan pre-approval letter or proof of funds with all offers. The buyers and buyers' agent are responsible to verify all measurements and information. Sellers will need a 60 day post Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% List Agent: Chris Mattie List Office: Signature Realty North, Inc. Email: chrismattie@srthomes.com Co List Agent: Tracy Mattie Co List Office: Signature Realty North, Inc. Email: tracymattie@SRTHomes.com Buyer Agent: Hang Le Buyer Office: Signature Real Estate Corp. Email: hleagent@gmail.com Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-757-3972 Mobile: 720-757-3972 Phone: 303-523-5160 Mobile: 303-523-5160 Buyer Agent Phone: 720-397-0408 Mobile: 720-397-0408 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/30/2022 12:06:09 PM


1834 S Bryant Street, Denver, CO 80219

Street View

----

Front

$425,000 - Closed


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/30/2022 to 08/03/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.75 mi of 2663 W Louisiana Ave, Denver, CO 80219, USA Beds Total is 2 to 3 Baths Total Integer is 2+ Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 23 Properties have been discarded.

Residential Pending Properties Listing ID Address

City

6078805 1765 W Florida

Denver

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

3

2

1,113

2,226

1,113

12/21/21

$472

$236

$472

Averages:

1,113

2,226

1,113

$472

$236

$472

Count: 1

High $525,000

List Price:

Low $525,000

PSF Fin DIM Orig Price

585,000

128 128 $585,000

List Price

$525,000 $525,000

Median $525,000

Closed Properties Listing ID Address

City

9234159 1834 S Bryant ST 3611045 3240 W Mexico AVE

Close

PSF Abv

PSF Ttl

2,268

11/18/21

$322

$187

$187

3

1,907

09/28/21

$450

$225

$231

5

1,305

1,305

11/02/21

$346

$346

$346

1,068

1,786

1,750

12/03/21

$449

$269

$274

2

1,426

1,426

1,426

09/24/21

$337

$337

$337

2

1,103

2,095

1,976

10/01/21

$444

$234

2

1,463

1,902

1,877

08/27/21

$355

Averages:

1,237

1,820

1,787

$386

Bds

Bths

Abv

Ttl

Fin

Denver

3

2

1,319

2,268

Denver

3

2

978

1,956

8319606 1343 S Irving ST

Denver

2

2

1,305

3921820 1901 W Florida AVE

Denver

3

2

3330603 1177 S Dale CT

Denver

2

5282421 1198 S Alcott ST

Denver

3

9901585 800 S Eliot ST

Denver

2

Count: 7

Closed Price:

Report Totals

Presented By: Blake Buckley Generated on: 01/30/2022

Count : 8

Averages:

High $520,000

SqFt Abv 1,222

SqFt Ttl 1,871

List Price Close Price

CP/OLP

420,000

$420,000 $425,000

101%

399,900

$399,900 $440,000

110%

39

450,000

$450,000 $452,000

100%

7

485,000

$485,000 $480,000

99%

5

460,000

$460,000 $480,000

104%

$248

2

462,000

$462,000 $490,000

106%

$273

$277

$500,000 $520,000

104%

$271

5 9

500,000

$267

$453,843

$453,843 $469,571

104%

Orig Price $470,238

List Price Close Price $462,738 $469,571

CP/OLP 104 %

Low $425,000 Sqft Fin 1,703

PSF Abv $ 397

PSF Fin DIM Orig Price

Median $480,000 PSF Ttl

$263

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $297

CMA 1-Line Page 1 of 1


at Keller Williams Integrity

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

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

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. 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.


ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

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.


Results That MOVE You

720.208.7200 TheBarticGroup.com A Veteran Owned Business


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.