at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Englewood, CO
This week the median list price for Englewood, CO is $709,999 with the market action index hovering around 95. This is about the same as last month's market action index of 95. Inventory has increased to 20.
Real-Time Market Profile Median List Price
$709,999
Market Action Index
Median Price of New Listings
$575,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$365
Average Days on Market
10
Median Days on Market
0
Price Decreased
10%
Price Increased
0%
Relisted
0%
Inventory
20
Median Rent
$2,495
Market Action
95
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
95
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
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
$1,600,000
4,627
0.25 - 0.5 acre
5
4
49
4
2
0
$825,000
3,142
6,500 - 8,000 sqft
4
4
44
2
2
7
$575,000
1,760
8,000 - 10,000 sqft
3
2
64
5
5
0
$438,850
939
4,500 - 6,500 sqft
3
1
77
4
4
0
Wed Mar 30 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Englewood, CO
Median List Price
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last. $800K $750K $700K $650K $600K $550K $500K $450K $400K Apr 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
Mar 2022
90-Day Average
Segments
Not surprisingly, given the condition of the overall market, all quartiles have shown price strength in recent weeks. All have been increasing in price lately. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Apr 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Wed Mar 30 2022
Apr 2021
Aug 2021
Dec 2021
Mar 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Englewood, CO
Price Per Square Foot
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop. $400
$350
$300
$250
$200 Apr 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
Mar 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. 150
125
100
75
50
25
0 Apr 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
Mar 2022
90-Day Average
Wed Mar 30 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Englewood, CO
Market Action Index
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend. 120
100
80
60
40
20 Apr 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
Mar 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 Apr 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Wed Mar 30 2022
Apr 2021
Aug 2021
Dec 2021
Mar 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Englewood, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 26 days. Half of the listings have come newly on the market in the past 10 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Apr 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
Mar 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 Apr 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Wed Mar 30 2022
Apr 2021
Aug 2021
Dec 2021
Mar 2022
Bottom 90-Day
6 of 6
3312 S Emerson St, Englewood, CO 80113-2832, Arapahoe County APN: 1971-35-3-31-002
CLIP: 5409418547
MLS Beds 5
MLS Baths 4
MLS Sale Price $775,000
MLS Sale Date 03/06/2019
MLS Sq Ft 2,874
Lot Sq Ft 3,221
Yr Built 2018
Type SFR
OWNER INFORMATION
Owner Name
Ryan Arthur Drumm
Mailing ZIP 4
2832
Owner Name 2
Mcspadden Tessa Rachel
Mailing Carrier Route
C076
Mailing Address
3312 S Emerson St
Owner Occupied
Yes
Mailing City & State
Englewood, CO
DMA No Mail Flag
Mailing Zip
80113
LOCATION INFORMATION
Property Zip
80113
Location Influence
Property Zip4
2832
Topography
Property Carrier Route
C076
Neighborhood Code
School District
Englewood 1
Neighborhood Name (OnBoard)
Elementary School
Charles Hay
Traffic
Middle School
Englewood
Township
High School
Englewood
Range
Subdivision
Evanston Broadway Add Amd 1
Section
Zoning
Quarter
Census Tract
59.51
Block
Condo Floor
Lot
2
0010
TAX INFORMATION
PIN
1971-35-3-31-002
Tax District
Alternate PIN
035249328
Tax Appraisal Area
Schedule Number
197135331002
Homestead Percent
% Improved
70%
Legal Description
LOT 2 EVANSTON BROADWAY A DD AMENDMENT NO 1
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$240,000
$191,250
$191,250
Market Value - Improved
$567,500
$566,850
$566,850
Market Value - Total
$807,500
$758,100
$758,100
Assessed Value - Land
$17,160
$13,674
$13,674
Assessed Value - Improved
$40,576
$40,530
$40,530
Assessed Value - Total
$57,736
$54,204
$54,204
YOY Assessed Change (%)
6.52%
0%
YOY Assessed Change ($)
$3,532
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$3,955
2020
$3,981
$26
0.65%
2021
$4,072
$91
2.29%
CHARACTERISTICS
Lot Frontage
Baths - Full
Lot Depth
Baths - Half
Lot Acres
0.0739
Other Rooms
Lot Sq Ft
3,221
Stories
Lot Shape
Tax: 4 MLS: 2
2
Fireplace
Land Use - County
Single Family Resid
Fireplaces
Land Use - CoreLogic
SFR
Cooling Type
Building Type
Single Family
Heat Fuel Type
Style
Central
Heat Type
Forced Air
Year Built
2018
Patio Type
Deck
Bldg Sq Ft - Above Ground
2,014
Garage Type
Property Details
Courtesy of Kathryn Joyce Bartic, 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: 03/30/22 Page 1/4
Bldg Sq Ft - Basement
1,010
Garage Capacity
Bldg Sq Ft - Finished Basement
857
Garage Sq Ft
Bldg Sq Ft - Unfinished Basement
153
Roof Material
Bldg Sq Ft - Total
MLS: 2 Asphalt Shingle
Construction
Bldg Sq Ft - Finished
Tax: 2,871 MLS: 2,874
Exterior
Bldg Sq Ft - 1st Floor
1,010
Floor Cover
Bldg Sq Ft - 2nd Floor
1,004
Foundation
Basement Type
Partial Finished
Pool
# Units
Wood Siding
Pool Size
# Buildings
1
Water
Total Rooms
Sewer
Bedrooms
Tax: 4 MLS: 5
Quality
Baths - Total
4
Other Impvs
MLS Total Baths
4
Equipment
Good
FEATURES
Feature Type
Size/Qty
Covered Porch
130
Deck
200
Basement Finish
857
First Floor
1,010
Second Floor
1,004
Basement Total
1,010
Building Description
Building Size
SELL SCORE
Rating
Low
Sell Score
446
Value As Of
2022-03-27 04:57:30
ESTIMATED VALUE
RealAVM™
$671,900
Confidence Score
71
RealAVM™ Range
$624,867 - $718,933
Forecast Standard Deviation
7
Value As Of
03/20/2022
(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.
LISTING INFORMATION
MLS Listing Id
3647524
MLS Listing Contract Date
MLS Days On Market
6
MLS Pending Date
01/23/2019
MLS Source
REcolorado
MLS Close Date
03/06/2019
MLS Status
Closed
MLS List Office Name
LIV SOTHEBY'S INTERNATIONAL REALTY
MLS Status Change Date
03/07/2019
MLS List Agent Full Name
22951n-Josh Behr
MLS Current Price
$775,000
MLS Buyer Agent Full Name
30458t-The Bartic Group
MLS Original List Price
$775,000
MLS Buyer Office Name
KELLER WILLIAMS INTEGRITY RE AL ESTATE LLC
MLS Close Price
$775,000
MLS Listing #
7621101
8991958
983609
876743
837033
MLS Source History
REcolorado
REcolorado
REcolorado
REcolorado
REcolorado
MLS Status
Expired
Expired
Expired
Withdrawn
Withdrawn
MLS Listing Price
$179,900
$185,000
$74,950
$85,000
$115,000
MLS Orig Listing Price
$179,900
$200,000
$89,950
$85,000
$125,000
$0
$0
04/20/2010
12/27/2009
MLS Listing Cancellation Date
MLS Listing Close Price MLS Listing Date
03/22/2017
09/22/2016
01/14/2011
04/12/2017
10/30/2016
04/30/2011
MLS Close Date MLS Listing Expiration D ate
LAST MARKET SALE & SALES HISTORY
Sale Date Property Details
03/06/2019
Deed Type
Warranty Deed
Courtesy of Kathryn Joyce Bartic, 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: 03/30/22 Page 2/4
Sale Price
$775,000
Owner Name
Ryan Arthur Drumm
Price per SqFt - Finished
$269.94
Owner Name 2
Mcspadden Tessa Rachel
Document Number
D9019645
Seller
Shadow Creek Homes LLC
Sale Type Sale Date
03/06/2019
01/31/2018
05/03/2017
Sale Price
$775,000
$184,700
$179,900
Nominal
03/13/2017
12/10/2016 $390,100
Y
Buyer
Drumm Ryan A
Shadow Creek Homes LLC
Jteeee LLC
Operation Freedom LL C
Buyer
Mcspadden Tessa R
Seller
Shadow Creek Homes LLC
Jteeee LLC
Operation Freedom LL C
Lambert Jeremy S & Pa ul
Anderson Robert P
Document Number
D9019645
D8010359
D7052040
D7030340
D6145547
Document Type
Warranty Deed
Warranty Deed
Warranty Deed
Special Warranty Deed
Personal Representativ e's Deed
Title Company
Land Title Guarantee
Land Title Guarantee
Land Title Guarantee
Lambert Paul
Multi/Split Sale Type
Land Title Guarantee Multi
Sale Date
Lambert Jeremy S & Pa ul
Multi
11/18/2010
08/03/2010
04/23/2010
Nominal
Y
Y
Y
Buyer
Vectra Bk Of Co Na
Vectra Bank Colorado
Zions First Natl Bk
Seller
Zions First Natl Bk
Zions Bk
Public Trustee Of Arapahoe Cnty
Document Number
D0122539
D0075846
D0038575
Document Type
Quit Claim Deed
Quit Claim Deed
Public Trustees Deed
Title Company
Empire Title Co
North American Title
Multi/Split Sale Type
Multi
Sale Price
Buyer
MORTGAGE HISTORY
Mortgage Date
03/07/2019
01/31/2018
09/09/2013
02/05/2009
04/17/2008
Mortgage Amount
$455,000
$480,000
$67,000
$20,200
$20,200
Mortgage Lender
Firstbank
Advantage Bk
Jp Morgan Chase Bk
Borrower
Drumm Ryan A
Shadow Creek Homes LLC
Anderson Robert P
Poladsky Bart D & Kym berly
Sherman Street Propert ies LLC
Borrower
Mcspadden Tessa R
Mortgage Type
Conventional
Mortgage Purpose
1st Time Sale
Sherman Street Propert eis LLC Conventional Construction
Refi
Mortgage Int Rate
Construction
Construction
10
Mortgage Int Rate Type
Adjustable Int Rate Loa n
Mortgage Term
30
30
1
1
Mortgage Term
Years
Years
Years
Years
Title Company
Lps Title Agency Inc
Mortgage Date
04/04/2007
11/28/2005
06/04/2004
Mortgage Amount
$15,150
$112,500
$103,967
Vectra Bk/Co Na
Vectra Bk/Co Na
Poladsky Bart D
Re Services LLC
Mortgage Lender Borrower
Sherman Street Properties LLC
Borrower
Poladsky Kymberly A
Mortgage Type
Conventional
Conventional
Mortgage Purpose
Construction
Refi
Refi
Mortgage Int Rate
12
7.53
Mortgage Int Rate Type
Adjustable Int Rate Loan
Mortgage Term
1
30
Mortgage Term
Years
Years
Title Company
Stewart Title
Stewart Title
Fixed Rate Loan
Stewart Title
FORECLOSURE HISTORY
Document Type
Certificate Of Purchase
Notice Of Trustee's Sale
Default Date
Property Details
Courtesy of Kathryn Joyce Bartic, 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: 03/30/22 Page 3/4
Map of Property Locations
3156 S Ogden Street, Englewood, Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
CO 80113 1682456 Closed 01/10/22 $890,000 SFR 2,467 4/3 3035737469
3124 S Grant Street, Englewood, CO 80113 Listing Id: 7875054 Status: Closed 12/15/21 Price: $1,260,000 3 Subtype: SFR Ttl SqFt: 4,060 Bd/Bth: 5/5 Show #: 303-573-7469 3256 S Corona Street, Englewood, Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:
CO 80113 8475035 Closed 03/28/22 $1,776,000 SFR 4,619 4/4 303-573-7469
3592 S Ogden Street, Englewood, Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
CO 80113 8349933 Closed 11/10/21 $1,035,000 SFR 3,890 5/5 13035737469
3260 S Corona Street, Englewood, Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:
CO 80113 2320075 Closed 01/21/22 $1,302,000 SFR 3,587 5/4 3035737469
Full Property View - Client
3156 S Ogden Street, Englewood, CO 80113 Listing ID:
----
$890,000 - Closed
1682456
MLS Status: Closed Close Price: $890,000 County: Arapahoe List Price: $900,000 Property Type: Residential Original List Price: $925,000 Property Subtype: Single Family Residence Structure Type: House Basement: No Levels: Two Year Built: 2001 Subdivision Name: Evanston Bdwy Add Listing Contract Date: 11/17/2021 Spec. Listing Cond: None Known Purchase Contract Date: 12/17/2021 Contingency: None Known Close Date: 01/10/2022 Days in MLS: 30 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $3,473 Tax Year: 2020 Tax Legal Desc: LOTS 14-15 BLK 18 EVANSTON BDWY ADD
Interior Area & SqFt Building Area Total (SqFt Total): 2,467 Living Area (SqFt Finished): 2,467 Area Source: Public Records Above Grade Finished Area: 2,467 PSF Total: $361 PSF Above Grade: $361 PSF Finished: $361 Foundation: Concrete Perimeter Fireplace: 1 Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, In-Law Floor Plan, Jack & Jill Bath, Kitchen Island Security Features: Flooring: Tile, Wood Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Other Equipment: Laundry: Laundry Closet Exclusions: Sellers personal property.
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
4 3 1 0 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
3 2 1 0 0
Bathrooms Full: Three Quarter: Half: One Quarter:
2 1 0 0
Detailed Room Info Room Type Kitchen Bathroom (3/4) Family Room Bedroom Bedroom Bedroom Bathroom (Full) Primary Bedroom Primary Bathroom (Full)
Rm Level Main Main Main Main Upper Upper Upper Upper
Dimensions Description Open kitchen/ dining area
Jack & Jill bathroom
Upper
Parking Parking Total: 2 Parking Type Garage (Detached)
# of Spaces 2
Garage Spaces: 2 Parking Length Parking Width
Offstreet Spaces: Parking Description
0
Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:
0.14 Acres / 6,055 SqFt Level Paved/Public Road
031041341 Yes 60 2 Blocks
Building Information Architectural Style: Traditional Direction Faces: West
Full
Road Responsibility: Public Maintained Road Elementary School: Charles Hay / Englewood 1 Middle/Junior Sch: Englewood / Englewood 1 High School: Englewood / Englewood 1 School of Choice: Zoning: View Walk, Bike, & Transit Scores Distance To Light Rail: 1 Miles
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score: Distance To Bus:
Fencing:
View:
Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Patio/Porch Feat: Deck, Front Porch Pool Features:
Dog Run, Private Yard
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Public Remarks Beautiful home built in 2001 on a wide, quiet tree lined street. Huge kitchen, remodeled in 2011 with slab granite and stainless appliances, tons of storage, kitchen island and wide plank wood floors. Cathedral ceilings in great room. En-suite office or bedroom on the lower level. Wired for security system and surround sound. Two bedrooms with jack and jill bath. Master suite with mountain views and a five-piece bath. Large backyard with beautiful garden and built in dog-run and play area. Brand new sewer line in 2012. a new roof, gutters, and exterior paint in 2020. New wood floors in 2018. New washer and dryer and fridge in 2020. Come and see this spacious and airy gem four blocks south of the Denver city line. This house would cost $100K more if it was just a few blocks north! It's a secret oasis!
Directions From Dartmouth, south on Ogden. Property is on the east side of the street. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/30/2022 12:39:32 PM
Full Property View
3156 S Ogden Street, Englewood, CO 80113
----
$890,000 - Closed
3592 S Ogden Street, Englewood, CO 80113 Listing ID:
----
$1,035,000 - Closed
8349933
MLS Status: Closed Close Price: $1,035,000 County: Arapahoe List Price: $1,079,500 Property Type: Residential Original List Price: $1,079,500 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: Three Or More Year Built: 2021 Subdivision Name: Broadway Heights Listing Contract Date: 09/28/2021 Spec. Listing Cond: None Known Purchase Contract Date: 10/02/2021 Contingency: None Known Close Date: 11/10/2021 Days in MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $3,195 Tax Year: 2020 Tax Legal Desc: LOT 22 & N 15 FT OF LOT 23 BLK 2 HIGGINS S BDWY HTS
Interior Area & SqFt Building Area Total (SqFt Total): 3,890 Living Area (SqFt Finished): 3,890 Area Source: Plans Above Grade Finished Area: 2,724 Below Grade Total Area: 1,166 Below Grade Finished Area: 1,166 Below Grade Unfinished Area: 0 PSF Total: $266 PSF Above Grade: $380 PSF Finished: $266 Basement: Daylight, Finished, Full Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 3/Electric, Living Room, Primary Heating: Forced Air Bedroom, Outside Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Quartz Counters, Smoke Free, Walk-In Closet(s), Wet Bar Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Tile, Wood Detector(s) Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Range, Refrigerator Furnished: Unfurnished Exclusions: none
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
5 3 0 0 2
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
5 3 1 0 1
Bathrooms Full: Three Quarter: Half: One Quarter:
2 1 2 0
Detailed Room Info Room Type Primary Bedroom Bedroom Bedroom Bedroom Bedroom Bathroom (1/2) Bathroom (Full) Bathroom (Full) Bathroom (3/4) Bathroom (1/2) Kitchen Living Room Family Room Laundry Office
Rm Level Dimensions Description Upper Upper Upper Basement Basement Main Basement Upper Upper Upper 3rd floor family/enterteinment room Main Main Upper 3rd floor with a balcony and terrace Main Main
Parking Parking Total: 2 Parking Type Garage (Detached)
# of Spaces 2
Garage Spaces: 2 Parking Length Parking Width
Offstreet Spaces: Parking Description
0
Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:
0.12 Acres / 5,358 SqFt Corner Lot Paved/Public Road
Bldg/Complex Name: Parcel Number:
031937744
Fencing:
Partial
Road Responsibility: Elementary School: Charles Hay / Englewood 1 Middle/Junior Sch: Englewood / Englewood 1 High School: Englewood / Englewood 1 School of Choice:
Is Incorporated: Walk Score:
Yes 71
Zoning: ER2 View Walk, Bike, & Transit Scores
Building Information Architectural Style: Urban Contemporary Direction Faces: West View: City, Mountain(s) Construction Materials: Concrete, Frame, Rock, Stucco Roof: Composition Exterior Features: Balcony Property Condition: New Construction Builder Name: Patio/Porch Feat: Patio, Rooftop Pool Features:
Builder Model:
New Home Community Lot Number:
22,23
Time Of Completion From Groundbreaking:
Water & Utilities Water Included: Utilities:
Yes
Water Source:
Public
Sewer: Electric:
Public Sewer 110V, 220 Volts
Public Remarks NO HOAs!!! Stunning Modern design with sleek lines and natural modern elements... Truly an entertainer's dream home. An abundance of windows, balconies and terraces welcome natural light and million dollar views of the Rocky mountains from the upper level. Gorgeous hardwood floors flow throughout the main level and designer stair case. The kitchen, living room and dining area are in light tones waiting for your decoration accents, expansive island, stainless steel appliances and custom back splash. Main level living room/dining area instantly transitions from your living space to the outdoor patio with an interior glass garage door which expands your entertainment area at the touch of a button. On the main level you will also find an office/flex space full of natural light, 1/2 bathroom and a mudroom area with built in storage. The owner's suite has a spa like bathroom with a walk in closet, fireplace and a balcony. Two additional bedrooms round out the 2nd level. Majestic Rocky Mountain sunsets from the 3rd level game room with access to a large balcony and a terrace where you can enjoy the night sky while keeping warm around the double sided fireplace. The fully finished basement is designed to function as a family room and two additional bedrooms with a full bathroom. This home is in SoBo with it's popular antique row, breweries , trendy restaurants and shopping literally minutes to light rail and downtown.1 year workmanship warranty and a 10 year structural warranty are included. Show and Sell!!!
All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/30/2022 12:39:32 PM
3592 S Ogden Street, Englewood, CO 80113
----
$1,035,000 - Closed
3124 S Grant Street, Englewood, CO 80113
----
Listing ID:
$1,260,000 - Closed
7875054
MLS Status: Close Price: County: Arapahoe List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: Two Year Built: Subdivision Name: Rose Addition Listing Contract Date: 11/11/2021 Spec. Listing Cond: Purchase Contract Date: 11/14/2021 Contingency: Close Date: 12/15/2021 Days in MLS: 3 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $3,961 Tax Year: Tax Legal Desc: LOTS 6 & 7 BLK 1 ROSE ADDITION
Closed $1,260,000 $1,250,000 $1,250,000 Yes 2017 None Known None Known $0.00 2020
Interior Area & SqFt Building Area Total (SqFt Total): 4,060 Living Area (SqFt Finished): 3,728 Area Source: Public Records Above Grade Finished Area: 2,772 Below Grade Total Area: 1,288 Below Grade Finished Area: 956 Below Grade Unfinished Area: 332 PSF Total: $310 PSF Above Grade: $455 PSF Finished: $338 Basement: Finished, Full, Interior Entry/Standard Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room, Outside Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Walk-In Closet(s) Security Features: Video Doorbell Flooring: Carpet, Tile, Wood Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Exclusions: Staging Items
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
5 3 1 0 1
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
5 3 1 0 1
Bathrooms Full: Three Quarter: Half: One Quarter:
1 4 0 0
Detailed Room Info Room Type Primary Bedroom Primary Bathroom (3/4) Bedroom Bathroom (Full) Bedroom Bathroom (3/4) Bedroom Bathroom (3/4) Laundry Bedroom Bathroom (3/4) Loft
Rm Level Upper
Dimensions Description Great master suite with shiplap details and West facing covered balcony
Upper Upper Upper Upper Upper Main Main Upper Basement Basement Upper
Luxurious master bath and amazing custom walk-in closet
With walk-in closet Main floor bedroom with closet/ or main floor study/ or ideal playroom Awesome laundry room with great storage and laundry sink Large bedroom with awesome built in desk/home office Fun, flex space off master bedroom.
Parking Parking Total: 3 Parking Type # of Spaces Garage (Attached) 3 Parking Features: Tandem
Garage Spaces: 3 Parking Length Parking Width
Offstreet Spaces: Parking Description
0
Site & Location Information Lot Size: Current Use: Lot Features:
0.14 Acres / 6,230 SqFt
Fencing:
Full
Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Charles Hay / Englewood 1 Bldg/Complex Name: Middle/Junior Sch: Englewood / Englewood 1 High School: Englewood / Englewood 1 Parcel Number: 035159809 School of Choice: Walk Score: 81 View Walk, Bike, & Transit Scores
Building Information Architectural Style: Traditional
Direction Faces: West View: Mountain(s) Construction Materials: Cement Siding, Frame Roof: Composition Exterior Features: Balcony, Private Yard Property Condition: Updated/Remodeled Builder Name: Shadow Creek HomesBuilder Model: Patio/Porch Feat: Covered, Deck, Front Pool Features: Porch, Patio
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Public Remarks Amidst shopping and dining on South Broadway and Pearl Street and recreation at Bates-Logan and Harvard Gulch parks, this is your move-in ready home! Built in 2017, the open layout and designer finishes are amazing. With 5 beds and 5 baths, this home welcomes you from a covered west-facing porch into real wood floors and crisp, clean style. The dining room with adjoining butler's pantry is perfect for formal entertaining. The open kitchen and family room provide easy everyday livability with a large island, including inlaid gas cooktop and designer pendant lighting; stainless appliances; and awesome walk-in pantry. A dual-sided fireplace flanked by French doors (with Phantom screens) adds ambience to both the family room and the lush backyard, featuring a custom deck and patio adjoining a spacious lawn, garden, and landscaping (including sprinkler system). Back inside, a bedroom with custom closest and 3/4 bath add to the main floor. Upstairs, 3 bedrooms (all with ensuites and custom-finished closets) and a laundry surround a spacious loft. The oversized master suite includes French doors (with Phantom screens) opening to a private balcony with mountain views, shiplap, and a custom master bathroom + walk-in closet with built-ins. The basement, professionally finished in 2020, completes this property with a large recreation area (with built-ins), a spacious bedroom/office (with custom built-in desk), a stunning 3/4 bath, and 300+ sq ft of storage. The 3-car (tandem) garage is an added bonus. Come see this amazing home!
Directions From Dartmouth and Grant: South on Grant: House on East side of Grant All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/30/2022 12:39:32 PM
3124 S Grant Street, Englewood, CO 80113
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$1,260,000 - Closed
living room and kitchen flow seamlessly
dining room with butler's pantry leading to kitchen
spacious open floorplan
large kitchen island with ample seating
3260 S Corona Street, Englewood, CO 80113 Listing ID:
----
$1,302,000 - Closed
2320075
MLS Status: Closed Close Price: $1,302,000 County: Arapahoe List Price: $1,200,000 Property Type: Residential Original List Price: $1,200,000 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: One Year Built: 2021 Subdivision Name: Old Englewood Listing Contract Date: 12/17/2021 Spec. Listing Cond: None Known Purchase Contract Date: 12/19/2021 Contingency: None Known Close Date: 01/21/2022 Days in MLS: 2 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $0 Tax Year: 2021 Tax Legal Desc: SOUTH UNIT, LOTS 15 & 16, BLOCK 24, EVANSTON BROADWAY ADDITION
Interior Area & SqFt Building Area Total (SqFt Total): 3,587 Living Area (SqFt Finished): 3,495 Area Source: Builder Above Grade Finished Area: 1,856 Below Grade Total Area: 1,731 Below Grade Finished Area: 1,639 Below Grade Unfinished Area: 92 PSF Total: $363 PSF Above Grade: $702 PSF Finished: $373 Basement: Finished, Full Bsmnt Ceiling Ht: 9ft Foundation: Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Built-in Features, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Smoke Free, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s) Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Carpet, Tile, Wood Detector(s) Window Features: Double Pane Windows Spa Features: Appliances: Dishwasher, Disposal, Microwave, Oven, Range Hood, Refrigerator Exclusions: Staging items.
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
5 0 2 3 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
4 0 3 1 0
Bathrooms Full: Three Quarter: Half: One Quarter:
2 1 1 0
Detailed Room Info Room Type Kitchen Living Room
Rm Level Main Main
Primary Bedroom Main Primary Bathroom (Full) Bedroom Bathroom (Full) Laundry Bathroom (1/2) Great Room Bedroom Bathroom (3/4) Bedroom Bedroom Utility Room Dining Room
Dimensions Description 17 x 15 Grand open kitchen with Café appliance package 17 x 17 Large and welcoming with full height glass doors and windows Incredible and bright featuring vaulted ceilings, shiplap accent wall and back deck 18 x 14 access
Main Main Main Main Main Lower Lower Lower Lower Lower Lower Main
Soaking tub, high impact tile, multi head shower, and light fixtures 13 x 13 10 x 9 34 x 25 13 x 11 14 x 13 17 x 13 14 x 11
Perfect for guest room or main floor office Ensuite to main floor bedroom Laundry/Mudroom with built-ins and pattern floor tile Stylish powder room with plaid floor tile and matte black accents Expansive great room Spacious lower level bedroom Large bathroom with glass shower doors and exposed shelving Spacious lower level bedroom Spacious lower level bedroom Convenient located on the lower level next to the storage closet Adjacent to the kitchen for convenient entertaining and socializing
Parking Parking Total: 2 Garage Spaces: 2 Parking Type # of Spaces Parking Length Parking Width Garage (Attached) 2 19 19 Parking Features: Concrete, Exterior Access Door, Oversized
Offstreet Spaces: 0 Parking Description Oversized with room for storage and utility sink
Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:
0.14 Acres / 6,227 SqFt Landscaped Paved/Public Road
Fencing:
Partial
Road Responsibility: Public Maintained Road Elementary School: Charles Hay / Englewood 1
Bldg/Complex Name: Parcel Number: Walk Score: Distance To Bus:
Middle/Junior Sch: Englewood / Englewood 1 High School: Englewood / Englewood 1 School of Choice: View Walk, Bike, & Transit Scores Distance To Light Rail: 1 Miles
0 74 1 Blocks
Building Information Architectural Style: Direction Faces: West Construction Materials: Wood Siding Roof: Composition Property Condition: New Construction Patio/Porch Feat: Deck, Front Porch
View: Exterior Features: Fire Pit, Gas Valve, Lighting, Private Yard Builder Name: Shadow Creek HomesBuilder Model: Pool Features:
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Public Remarks This just completed 5 bedroom, 4 bathroom ranch-style home featuring an open concept floor plan is ready for move in. With every finish carefully chosen and constructed, this home perfectly blends contemporary and classic designs. The kitchen offers cabinetry and hardware which perfectly complement the sleek matte white Café appliance package and includes a large island with waterfall edged quartz countertops and statement-making pendant lights. Adjacent to the kitchen is the dining space, making entertaining and socializing easy. The living area is large and welcoming, making it the perfect place to lounge after a long day. Full height doors and windows between the family room and back deck allow for indoor-outdoor connectivity. Incredible and bright primary suite features a vaulted ceiling with faux wood beam, shiplap accent wall, and back deck access. Its spacious five-piece bathroom includes a soaking tub, high impact tile, multi head shower, and dual sink vanity with framed mirrors and contemporary light fixtures. Large walk-in closet finished with custom built-ins. Main level ensuite bedroom with full bathroom is perfect for guests or a bright and spacious study. Beautifully finished, stylish powder room with plaid floor tile and matte black accents. Laundry/Mudroom with built-ins and pattern floor tile conveniently connects the kitchen to the attached garage. Fully finished lower level boasts three bedrooms, full bathroom with custom shelving, an expansive great room, and a dedicated storage room. Oversized two-car garage offers great additional storage space and includes a utility sink. The fully fenced yard with large composite deck and gas fire pit is perfect for entertaining. Convenient, central location close to restaurants, shopping and main thoroughfares. Don’t miss your incredible opportunity to live in this stunning new home!
Directions From Downing, head west on Floyd Street. Turn right (north) on S Corona Street. Property is on the right (east) side of the street. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/30/2022 12:39:33 PM
3260 S Corona Street, Englewood, CO 80113
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$1,302,000 - Closed
3256 S Corona Street, Englewood, CO 80113 Listing ID:
----
$1,776,000 - Closed
8475035
MLS Status: Closed Close Price: $1,776,000 County: Arapahoe List Price: $1,700,000 Property Type: Residential Original List Price: $1,700,000 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: Two Year Built: 2022 Subdivision Name: Old Englewood Listing Contract Date: 02/24/2022 Spec. Listing Cond: None Known Purchase Contract Date: 02/27/2022 Contingency: None Known Close Date: 03/28/2022 Days in MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $0 Tax Year: 2022 Tax Legal Desc: LOT 13 & 14, BLOCK 24, EVANSTON BROADWAY ADDITION Recent: 03/28/2022 : CLOSE : P->C
Interior Area & SqFt Building Area Total (SqFt Total): 4,619 Living Area (SqFt Finished): 4,475 Area Source: Builder Above Grade Finished Area: 3,156 Below Grade Total Area: 1,463 Below Grade Finished Area: 1,319 Below Grade Unfinished Area: 144 PSF Total: $385 PSF Above Grade: $563 PSF Finished: $397 Basement: Finished, Full Bsmnt Ceiling Ht: 9ft Foundation: Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Upper and lower systems Interior Features: Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Smoke Free, Walk-In Closet(s), Wet Bar Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Carpet, Tile, Wood Detector(s) Window Features: Double Pane Windows Spa Features: Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Cooler Exclusions: Staging items.
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
4 3 0 0 1
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
4 2 1 0 1
Bathrooms Full: Three Quarter: Half: One Quarter:
1 2 1 0
Detailed Room Info Room Type Living Room Kitchen
Rm Level Main Main
Dining Room
Main
Office Bonus Room Bathroom (1/2) Primary Bedroom Primary Bathroom (3/4) Bedroom Bathroom (Full) Bedroom Laundry Great Room Bedroom Bathroom (3/4) Utility Room
Main Main Main Upper
Dimensions Description 17 x 19 Built-in bench seating with drawers on either side of the gas fireplace 14 x 19 Grand kitchen offering huge island and satin brass pendant lighting Connected through the Butler's pantry with wine fridge and floating shelves and 12 x 13 walk-in pantry 12 x 13 Dedicated home office with large closet 14 x 16 Flex room off kitchen with access to the back deck Bold tile and satin brass fixtures 14 x 20 Private balcony and incredible 12 x 14 walk-in closet with built-ins
Upper
12 x 14
Double vanity, overly spacious shower and large linen closet
Upper Upper Upper Upper Basement Basement Basement Basement
13 x 17
Spacious upper level bedroom Double vanity, privacy door between shower and vanities Large walk-in closet Utility sink, cabinets and linen closet Expansive great room with wet bar including floating shelves and beverage center Large lower level bedroom Custom tile shower Conveniently located with room for storage
11 x 13 8 x 14 26 x 41 15 x 19 12 x 12
Parking Parking Total: 2 Garage Spaces: 2 Parking Type # of Spaces Parking Length Parking Width Garage (Attached) 2 25 19 Parking Features: Dry Walled, Insulated, Lighted
Offstreet Spaces: Parking Description
0
Site & Location Information Lot Size: Current Use: Lot Features:
0.14 Acres / 6,227 SqFt
Fencing:
Partial
Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Road Surf/Front:
Public Road
Road Responsibility: Public Maintained Road Elementary School: Charles Hay / Englewood 1 Middle/Junior Sch: Englewood / Englewood 1 High School: Englewood / Englewood 1 School of Choice: View Walk, Bike, & Transit Scores Distance To Light Rail: 1 Miles
Bldg/Complex Name: Parcel Number: Walk Score: Distance To Bus:
TBD 74 1 Blocks
Building Information Architectural Style: Direction Faces: West View: Construction Materials: Brick, Cement Siding Roof: Architectural Shingles, Exterior Features: Balcony, Gas Valve, Lighting, Private Yard Membrane Property Condition: New Construction Builder Name: Shadow Creek HomesBuilder Model: Patio/Porch Feat: Covered, Deck, Front Pool Features: Porch
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Public Remarks From the moment you approach, its soothing presence will draw you in. With every detail meticulously designed and constructed, this incredible new home is an entertainer’s dream and deserves to be seen. The grand, open kitchen offers a 11 x 6 island with quartz countertop, satin brass pendant lighting and glazed ceramic tile backsplash. The appliance package includes a 36” all-gas commercial style range and microwave drawer. The formal dining room is connected to the kitchen through the butler’s pantry with wine fridge, modern open shelving, and a walk-in pantry. The kitchen opens to the welcoming great room featuring built-in bench seating with drawers for storage on each side of the gas fireplace. The adjacent flex room provides access to the back deck and a fenced and landscaped yard. Rounding out the main floor is a dedicated home office; a powder room with a floating white oak vanity top, bold tile and satin brass fixtures; and a drop zone perfectly combining function + design. Hardwood flooring throughout the main level continues up the staircase to the second level leading you past the landing showcasing a dramatic light fixture and dark accent shiplap wall. Bright yet inviting primary suite with private balcony offers an exceptionally large 12’ x 14’ closet/room complete with a custom closet system including an island with a leathered quartz top and window bench. The gorgeous tile, double vanity, overly spacious shower and linen closet is sure to impress. Two additional bedrooms, full bathroom with separation between the double vanity and shower room, and large laundry room with a utility sink, cabinets and linen closet completes the upper level. The finished basement features an expansive rec room, wet bar with floating shelves and beverage center, a spacious bedroom and bathroom, and additional storage. Central location close to restaurants, shopping and main thoroughfares. This is an incredible chance to call this home your own.
Directions From Downing, head west on Floyd Street. Turn right (north) on S Corona Street. Property is on the right (east) side of the street. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/30/2022 12:39:33 PM
3256 S Corona Street, Englewood, CO 80113
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$1,776,000 - Closed
Listing Id is one of 1682456, 8349933, 7875054, 2320075, 8475035
Property Type is 'Residential'
Listings as of 3/30/2022 at 11:42 am, Page 1 of 1
Market Analysis Summary | Residential Listing ID Address
City
Bds
Bths
Abv
Close
Ttl
Fin
2,467
2,467 01/10/22
PSF Abv
PSF Ttl
$361
$361
PSF Fin
DIM
Orig Price
List Price Close Price CP/OLP
Listings: Closed 1682456 3156 S Ogden ST
Englewood
4
3
2,467
$361
30
925,000
$900,000 $890,000
96% 96%
8349933 3592 S Ogden ST
Englewood
5
5
2,724
3,890
3,890 11/10/21
$380
$266
$266
4
1,079,500
$1,079,500 $1,035,000
7875054 3124 S Grant ST
Englewood
5
5
2,772
4,060
3,728 12/15/21
$455
$310
$338
3
1,250,000
$1,250,000 $1,260,000 101%
2320075 3260 S Corona ST
Englewood
5
4
1,856
3,587
3,495 01/21/22
$702
$363
$373
2
1,200,000
$1,200,000 $1,302,000 109%
8475035 3256 S Corona ST
Englewood
4
4
3,156
4,619
4,475 03/28/22
$563
$385
$397
3
1,700,000
$1,700,000 $1,776,000 104%
Min
1,856
2,467
2,467
$361
$266
$266
2
$925,000
$900,000
$890,000
96%
Max
3,156
4,619
4,475
$702
$385
$397
30
$1,700,000
$1,700,000
$1,776,000
109%
Avg
2,595
3,725
3,611
$492
$337
$347
8
$1,230,900
$1,225,900
$1,252,600
101%
Med
2,724
3,890
3,728
$455
$361
$361
3
$1,200,000
$1,200,000
$1,260,000
101%
Average for all:
2,595
3,725
3,611
$492
$337
8
$1,230,900
$1,225,900
$1,252,600
Median for all:
2,724
3,890
3,728
$455
$361
3
$1,200,000
$1,200,000
$1,260,000
Closed Total: 5
5
Total Listings
Min
Quick Statistics
Max
Avg
Med
List Price
$900,000
$1,700,000
$1,225,900
$1,200,000
Sale Price
$890,000
$1,776,000
$1,252,600
$1,260,000
Sale / List
96%
109%
101%
101%
Presented By: Kathryn Joyce Bartic All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
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.