Market Report Darell Beamer

Page 1

at Keller Williams Integrity

MarComparativeketAnalysis 3087 Raintree Lane, Dacono, Colorado 80514 Dareell Beamer SEPTEMBER 12, 2022 Holly Vogel

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

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

List Price $553,450 Median Price of New Listings $515,000 Per Square Foot $225 Average Days on Market 40 Median Days on Market 32 Price Decreased 58% Price Increased 8% Relisted 8% Inventory 24 Median Rent $2,345 Market Action 42

Market Segments

of 38. Inventory has decreased to 24 Market Action

median list price for Dacono, CO is $553,450 with the market action index hovering around 42 This is an increase over last

This answers

Single-Family Homes Dacono, CO

This the month's market action index Index

approximately 25%

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $687,500 3,738 6,500 8,000 sqft 3 2 5 0 1 2 70 $579,000 2,874 6,500 8,000 sqft 3 3 8 1 3 45 $520,000 2,189 6,500 8,000 sqft 3 2.5 7 3 0 24 $445,000 1,374 4,500 6,500 sqft 3 2 14 2 2 14 2 of M6 on Sep 12 2022

Slight Seller's Advantage

Median

Each segment below represents of the market ordered by price.

Slight Seller's Advantage

“How’s the Market?” by comparing rate of sales versus inventory Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Tod a yLastMonth 42

week

Median List Price

7-Day Average 90-Day Average

Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $750K$500K$250K$0$1.0M$1.3M 3 of M6 on Sep 12 2022

Single-Family Homes Dacono, CO The Bartic Group's Market Report www.TheBarticGroup.com

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

Segments

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $750K$500K$250K$1.0M$0$1.3M

While prices in the upper half of the market has shown essentially mixed pricing lately, the lower half of the market is trending lower. Quartiles 3 and 4 have been in price decline in recent weeks, with Quartiles 1 and 2 remaining basically flat. Look to the Market Action Index as a leading indicator of the bottom of the market.

Single-Family Homes

Dacono, CO

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.

7-Day Average 90-Day Average

7-Day Average 90-Day Average

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

Price Per Square Foot

Inventory

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.

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 302520151050 4 of M6 on Sep 12 2022

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $350$300$250$200$150$100

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.

Dacono,

Single-Family Homes

Market Action Index

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

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 1251000255075

Market Action Segments

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

7-Day Average 90-Day Average

Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 100806040200 5 of M6 on Sep 12 2022

7-Day Average 90-Day Average

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 90-Day 90-Day 90-Day 90-Day

The properties have been on the market for an average of 33 days. Half of the listings have come newly on the market in the past 27 or so days. Watch the 90-day DOM trend for signals of a changing market.

Bottom

Top

Segments

Median Days on Market (DOM)

Single-Family Homes Dacono, CO The Bartic Group's Market Report www.TheBarticGroup.com

Lower

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 5004003002001000

Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 8006004002000 6 of M6 on Sep 12 2022

Upper

OWNER INFORMATION

Owner Name Medford Timothy W

Ft 5,806 Yr Built 2019 Type SFR

3087 Raintree Ln, Dacono, CO 80514-9347, Weld County APN: R8956708 CLIP: 1068525051 MLS Beds 3

Property Zip 80514 Census Tract 20.05

Price $550,000 MLS Sale Date 12/08/2021 MLS Sq Ft 1,819 Lot

Assessed Value Land $5,980 $6,150 $4,220 $2,710 Assessed Value Improved $21,950 $22,590 $23,820

ASSESSMENT & TAX

YOY Assessed Change (%) 2 82% 2 5% 934 69% YOY Assessed Change ($) $810 $700 $25,330

Cooling Type Type Garage Capacity MLS: 2 Sq Ft 424 Material Composition Shingle Exterior Frame

Central Bldg Sq Ft Above Ground 1,819 Garage

Mailing ZIP 4 9347 Mailing Address 3087 Raintree Ln Mailing Carrier Route R002 Mailing City & State Dacono, CO Owner Occupied Yes Mailing Zip 80514

Bldg Sq Ft Unfinished Basement 1,169 Garage

Assessed Value Total $27,930 $28,740 $28,040 $2,710

Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $86,000 $86,000 $59,000 $9,361 Market Value Improved $315,881 $315,881 $333,159

N/A

Tax Year Total Tax Change ($) Change (%) 2019 $386 2020 $4,004 $3,617 935 9% 2021 $4,127 $124 3 08%

FEATURES Feature Type Size/Qty Property Details Courtesy of Holly Vogel, REcolorado Generated on:09/12/22 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

PIN R8956708

Property Carrier Route R002 Range 68 School District Weld County S/D Re 8 Section 14 Elementary School Butler Quarter SE Middle School Fort Lupton Block 3 High School Fort Lupton Lot 3 Subdivision Sweetgrass Fg 1 Rep E

LOCATION INFORMATION

Legal Description LOT 3 BLOCK 3 SWEETGRASS FG 1 REPLAT E

TAX INFORMATION

Bldg Sq Ft Basement 1,169 Garage

CHARACTERISTICS Lot Acres 0 133 # Buildings 1 Lot Sq Ft 5,806 Bedrooms 3 Land Use County Residential Baths Total 2 Land Use CoreLogic SFR MLS Total Baths 2 Building Type Single Family Baths Full 2 Style Ranch Stories 1 Year Built 2019

MLS Full Baths Baths

2 Half

Bldg Sq Ft Finished 1,819 Roof

Basement Type Tax: Unfinished MLS: Slab

MLS Sale Sq

Attached

% Improved 79% Alternate PIN 146714443003 Tax District 3172 Schedule Number R8956708

Property Zip4 9347 Township 01

Market Value Total $401,881 $401,881 $392,159 $9,361

Sale Date 12/03/2021 08/06/2019

MLS Listing Date 11/02/2021 06/13/2019 06/13/2019

Buyer Medford Timothy W Lopez Jennifer V Seller Lopez Jennifer V Kb Home Colorado Inc Document Number 4783882 4513498

Sale Date

Mortgage Type Conventional Conventional Mortgage Purpose Resale 1st Time Sale

Property Details Courtesy of Holly Vogel, REcolorado Generated on:09/12/22 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

Value As Of 2022 09 11 05:36:56 Sell Score 881

LAST MARKET SALE & SALES HISTORY

MLS Listing Id IR954325

Tax: 12/03/2021 MLS: 12/08/2021 Deed Type Warranty Deed Sale Price $550,000

MORTGAGE HISTORY

MLS List Agent Full Name Irtm0106 Metro Brokers Team Las sen

Mortgage Date 12/09/2021 08/12/2019

Mortgage Lender New American Fndg Kbhs Hm Lns LLC Borrower Medford Timothy W Lopez Jennifer V

MLS Listing Price $550,000 $389,508 $389,508

Rating Very High

Ranch 1 Story 1,819

Owner Name Medford Timothy W Price per SqFt Finished $302.36 Seller Lopez Jennifer V Document Number 4783882

MLS Days On Market 4 MLS Listing Contract Date 11/02/2021

MLS Source IRES MLS Close Date 12/08/2021

Mortgage Term 30 30 Mortgage Term Years Years

MLS Buyer Agent Full Name Irp19418-Co-Op Non-Ires Agent MLS Original List Price $550,000 MLS Buyer Office Name CO OP NON IRES

MLS Status Closed MLS List Office Name MB/TEAM LASSEN MLS Status Change Date 12/08/2021

MLS Source History REcolorado IRES REcolorado MLS Status Closed Closed Closed

Document Type Warranty Deed

Sale Price $550,000 $389,508

MLS Listing # 3725843 Ir884784 8014992

MLS Close Date 12/08/2021 08/06/2019 08/06/2019

MLS Listing Close Price $550,000 $389,508 $389,508

Mortgage Amount $385,000 $289,900

MLS Close Price $550,000

Special Warranty Deed Title Company Fitco First Integrity Title First American Title Insurance

MLS Orig Listing Price $550,000 $389,508 $389,508

MLS Current Price $550,000

LISTING INFORMATION

SELL SCORE

PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Holly Vogel, REcolorado Generated on:09/12/22 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

2 Active 1 Sold Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 5

Zestimates varied up to 1.0% or $6,132 compared to actual MLS prices.

Source: Zillow

3277 Raintree Lane 9/1/22 $604,900 $598,768 1.0%

A

ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE

S

Online Valuation Analysis How accurate are Zestimates?

1.0% $6,132

ADDRESS PRICE ZESTIMATE DIFFERENCE

3079 Meadowbrook Place $564,950 $564,952 0 0% 4924 Sunset Place $615,400 $613,491 0 3%

Map of Comparable Listings STATUS: A = ACTIVE S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 3087 Raintree Ln 3 2.00 1,819 2 6099017 A 3079 Meadowbrook Place 3 3.00 $564,950 3 5914499 A 4924 Sunset Place 3 3.00 $615,400 4 1626625 S 3277 Raintree Lane 4 3.00 $604,900 Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 6

Builder Name: Richmond American Homes Building Area Source: Public Records Construction Materials: Cement Siding, Frame, Rock Cooling: Central Air Fencing: Full Fireplace Features: Family Room Fireplaces Total: 1 Flooring: Carpet, Wood Foundation Details: Concrete Perimeter Heating: Forced Air

Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan

Assoc Fee: $51 Taxes: $3,942

Comparable Home MLS #6099017 PlaMe3079adowbrookce Dacono, CO 80514 $564,950 ACTIVE 7/22/22 3 Beds 3.00 Baths Days on market: 27 Year Built 2006

Association Yn: true Basement: Full, Unfinished

Living Area Total: 1900 Lot Features: Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 4

Details

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Association Fee Frequency: Monthly Association Name: Sweetgrass Association Phone: 720 425-5475

7

Tax Year: 2021

Holly Vogel

Middle: Fort Lupton Elementary: Butler

Features

Orig list price: $575,000

Below Grade Unfinished Area: 8870

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: Res

Updated: Aug 18, 2022 2:35 AM

School District: Weld County S/D RE-8

List Price: $564,950

Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: DAC 1SG L13 BLK1 SWEETGRASS FG1 FINAL PLAT

Patio And Porch: Front Porch, Patio Road Frontage Type: Public Road Road Surface Type: Paved Roof: Concrete

Half baths: 1.0 Lot Size (sqft): 7,264 Garages: 2 List date: 7/22/22

High: Fort Lupton

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514

Prop Type: Single Family Residence County: Weld Subdivision: Sweetgrass Style: Contemporary Full baths: 2 0

Cell: 7202298670

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 8

Wow! Wonderful, Bright, Open two story home located on a corner lot in the highly desired Sweetgrass neighborhood* Home boasts cathedral ceilings and large windows pouring in natural light*Solid hardwood floors on the main level*Living room and family room are divided by a beautiful 2-sided gas fireplace*Large kitchen is perfect for entertaining or cooking up a gourmet meal*Upstairs features a large loft/office, a primary suite with full bath including dueling sinks and two secondary bedrooms*Sit and relax on the front covered patio or kick your feet up and grill on the back stamped concrete patio*Home includes kitchen appliances and front load LG Washer and Dryer* Location highlights: 22 miles to Denver (30 Min), 18 miles to Boulder, and 5.6 miles to the cozy small town of Frederic*You will love the new amenities in Frederic including brewery, coffee shop, Georgia Boys BBQ, Peel Pizza, and more!

Remarks

3079 Meadowbrook Place Dacono, CO 80514 MLS #6099017 $564,950 3 Beds 3.00 Baths Year Built 2006 ACTIVE 7/22/22 Days on market: 27 Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 9

Interior Features: Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Smoke Free, Solid Surface Counters, Spa/Hot Tub, Walk-In Closet(s), Wired for Data Levels: Two

Frequency: Monthly Association Fee

Fireplaces Total: 1 Flooring: Carpet, Laminate, Wood

Below Grade Unfinished Area: 7270

Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Video Doorbell

Association Yn: true

Building Area Source: Public Records

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Storm Window(s), Window Coverings

Construction Materials: Concrete, EIFS, Frame, Structural Steel

4924 Sunset Place

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 10

Building Name: SFR

Exterior Features: Fire Pit, Garden, Gas Grill, Gas Valve, Lighting, Private Yard, Rain Gutters, Spa/ Hot Tub

Listing Terms: Cash, Conventional, FHA, VA Loan

Common Walls: No Common Walls

Structure Type: House

Comparable Home MLS #5914499

Horse Yn: false

Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1

Fencing: Full Fireplace Features: Gas, Living Room

Living Area Total: 2442

Features

Basement: Unfinished

Dacono, CO 80514 $615,400 ACTIVE 8/4/22 3 Beds 3.00 Baths Days on market: 36 Year Built 2016

Association Phone: 720 425-5475

Association Amenities: Park, Playground, Pool Association Fee

Pets Allowed: Yes Roof: Composition

Green Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows Heating: Electric, Forced Air, Hot Water, Natural Gas

Senior Community Yn: false Sewer: Public Sewer

Patio And Porch: Front Porch

Parking Total: 2

Tax Legal Description: L9 BLK2 SWEETGRASS FG#1 RPLT C

Tax Year: 2021

Furnished: Unfurnished

Association Name: Sweetgrass Master Association

Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected

Cooling: Central Air

Includes: Road Maintenance, Snow Removal

Parking Features: Concrete, Dry Walled, Lift, Lighted, Oversized Door

Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Smart Appliances, Sump Pump, Washer

List Price: $615,400

Style: Traditional

Elementary: Butler Remarks

Pride in ownership shows in this 2016 two-story Sweetgrass home! This residence is located on a wonderful corner lot and includes thoughtful updates throughout. Step inside and discover a spacious floor plan enhanced with glistening scratch-resistant wood flooring and a plethora of natural light. The formal living room is the perfect space to enjoy as you see fit. The huge great room is anchored by a cozy gas fireplace and opens up to the formal dining space. The upgraded chef's kitchen features smart appliances with double ovens, a large walk-in pantry, and gorgeous granite countertops. The kitchen is perfect for family to gather or to entertain as the huge island is open to the great room. Upstairs, retreat to the attractive primary bedroom with a custom ensuite bathroom which includes dual sinks, a walk-in shower, and an oversized walk-in closet. The second level also hosts two bedrooms separated by a full bathroom, a desirable loft space for a home office or play area, and a convenient laundry room with a full-sized washer and dryer. The unfinished basement provides extra storage space and a blank canvas for endless possibilities to customize the space to your needs. Discover an outdoor oasis in the custom backyard! This magnificent area includes a hot tub, new trees, a built-in gas fire pit and sitting wall, a private garden shed, and MUCH more! Enjoy extensive landscaping and a huge stamped patio to dine al fresco and host family and friends. Completing this move-in-ready gem is an attached two-car garage and dual climate control. Close to the new Kenneth Homyak K-8 school and the community pool. Easy access to I-25 makes for a quick commute to Denver or Boulder! When you're not enjoying all the luxuries this home has to offer, enjoy nearby shopping, restaurants, and parks!

Half baths: 1.0

County: Weld Subdivision: Sweetgrass

List date: 8/4/22

Orig list price: $647,900

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 11

Details

Prop Type: Single Family Residence

3/4 Baths: 1.0

Lot Size (sqft): 6,166

Assoc Fee: $55 Taxes: $4,282

Updated: Sep 9, 2022 6:49 AM

Garages: 2

High: Fort Lupton

Middle: Fort Lupton

School District: Weld County S/D RE-8

Full baths: 1.0

4924 Sunset Place Dacono, CO 80514 MLS #5914499 $615,400 3 Beds 3.00 Baths Year Built 2016 ACTIVE 8/4/22 Days on market: 36 Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 12

Comparable Home MLS #1626625

Sold date: 9/1/22

Tax Year: 2021

Prop Type: Single Family Residence County: Weld Subdivision: Sweetgrass Style: Contemporary

Details

Orig list price: $649,900

Year Built 2016

Concessions Amount: 5000 Construction Materials: Cement Siding, Concrete, Frame, Stone

Living Area Total: 2530

Building Area Source: Public Records Concessions: Buyer Closing Costs/Seller Points Paid

Listing Terms: Cash, Conventional, FHA, VA Loan

View: Mountain(s)

List date: 6/9/22

CLOSED 9/1/22

Assoc Fee: $55

Taxes: $4,347

Senior Community Yn: false

Dacono, CO

Features

80514

Half baths: 1.0

Water Source: Public Window Features: Double Pane Windows

List Price: $599,900

4 Beds 3.00 Baths Days on market: 16

Below Grade Unfinished Area: 733.0

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514

Holly Vogel 7202298670

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer Association Amenities: Park, Playground, Pool, Trail(s) Association Fee Frequency: Monthly Association Name: Sweetgrass Association Phone: 7204255475

Full baths: 1.0 3/4 Baths: 1.0

Sewer: Public Sewer

Structure Type: House Tax Legal Description: L13 BLK5 SWEETGRASS FG#1 RPLT C

3277 Raintree Lane

Main Level Bathrooms: 1 Parking Total: 3

Roof: Composition Security Features: Carbon Monoxide Detector(s), Smart Locks, Smoke Detector(s)

Heating: Forced Air Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Radon Mitigation System, Walk In Closet(s) Levels: Two

13

Lot Size (sqft): 9,315 Garages: 3

Patio And Porch: Front Porch

Cooling: Central Air Direction Faces: East Exterior Features: Garden, Playground, Private Yard Flooring: Carpet, Laminate, Vinyl Foundation Details: Concrete Perimeter

$604,900

Off-market date: 8/17/22

Association Yn: true Basement: Crawl Space, Sump Pump, Unfinished

Updated: Sep 1, 2022 11:36 AM

Cell:

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 14

High: Fort Lupton Middle: Kenneth Homyak Elementary: Kenneth Homyak

School District: Weld County RE-8

Amazing opportunity to get in to the desirable Sweetgrass neighborhood with one of the biggest lots in the community. All 4 of the bedrooms are on the upper floor along with a large loft that can also be used as a 2nd office or play space plus convenient upper floor laundry room. The main floor features a flexible dining room and living room area, powder bath and an office space that also can be used as a play room. Gorgeous kitchen with slab granite and SS appliances, breakfast nook and a large center island with seating for 4. The family room flows seamlessly off of the kitchen and is perfectly set up for entertaining family & friends. The spacious primary suite has mountain views, 4pc bath and large walk-in closet. The huge backyard has been professionally landscaped and boasts raised garden beds with driplines, Rainbow playset (included!) and plenty of room to run and play. The unfinished basement allows for ample storage (including an insulated crawlspace) or future expansion with egress window wells already installed. Walk to the neighborhood K-8 school and also enjoy the community swimming pool. Fantastic location with quick access to 1-25 and an easy commute to Denver, Boulder, Longmont, DIA. 3 car garage, central AC, ceiling fans, mountain view, huge back yard, Wi-Fi door locks & garage door opener, radon mitigation, upper floor laundry, new interior paint, all appliances included - this home has it all. Don't wait for a new build, this one already has all the landscaping done and ready to go. Hurry!

Remarks

3277 Raintree Lane Dacono, CO 80514 MLS #1626625 $604,900 4 Beds 3.00 Baths Year Built 2016 CLOSED 9/1/22 Days on market: 16 Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 15

AVERAGE $604,900 HIGH $604,900

LOWEST $604,900

Comparable Property Statistics

S 1 Sold Listings

AVG PRICE / SQFT AVG DOM

A 2 Active Listings

AVG PRICE / SQFT AVG DOM

LOWEST $564,950

16 Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 16

31

AVERAGE $590,175 HIGH $615,400

ORIG

LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT

16

Sold Property Analysis

3277 Raintree Lane $649,900 $604,900 93.08% 16

Comparative Market Analysis 3087 Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 17

Averages $649,900 $604,900 93.08% 16

Averages

It took an average of 16 days for a home to sell.

100.8%

Homes sold for an average of 100 8% of their list price. Days on market

Analysis

ADDRESS

Summary of Comparable Properties

S SOLD LISTINGS

A ACTIVE LISTINGS

3079 Meadowbrook Place 3 3.00 $564,950 4924 Sunset Place 3 3.00 $615,400

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

Averages $604,900

3087

Comparative Market Analysis

Raintree Lane, Dacono, Colorado 80514 Holly Vogel Cell: 7202298670 18

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

3277 Raintree Lane 9/1/22 4 3.00 $604,900

Averages $590,175

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.

ASKING PRICE PERCENTAGE OF BUYERS

at Keller Williams

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.

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.

Integrity

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

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.

+10%+15% Market Value -15%-10% 90%75%60%30%10%

PRICINGINTELLIGENT&TIMING

TIME ON MARKET (IN WEEKS) 3

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.

ACTIVITY 1 2

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

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.

4 5 6

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.

at Keller Williams Integrity

720.208.7200 TheBarticGroup.com A Veteran Owned Business Results That MOVE You

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