at Keller Williams Integrity
Comparative
Owner
LOCATION
Property
Property
Property Carrier Route
School District Douglas County
Elementary School Castle Rock
Middle School Mesa
High School Douglas County
Metzler
TAX
PIN R0411255
ASSESSMENT & TAX
Assessment Year 2022 Preliminary 2021 2020 2019
Market Value Land $100,102 $100,102 $83,342 $83,342
Market Value Improved $393,595 $393,595 $370,927 $370,927
Market Value Total $493,697 $493,697 $454,269 $454,269
Assessed Value Land $6,960 $7,160 $5,960 $5,960
Assessed Value Improved $27,350 $28,140 $26,520 $26,520
Assessed Value Total $34,310 $35,300 $32,480 $32,480
YOY Assessed Change (%) 2.8% 8.68%
YOY Assessed Change ($) $990 $2,820
Tax Year
CHARACTERISTICS
$2,224
$2,212
$2,386
LISTING INFORMATION
MLS Listing Id 3966345
MLS Current Price $699,000
MLS Days On Market 113 MLS Original List Price $729,000
MLS Source REcolorado MLS Listing Contract Date 06/09/2022
MLS Status Expired MLS List Office Name BROKERS GUILD REAL ESTATE
MLS Status Change Date 10/01/2022 MLS List Agent Full Name 46987n-Angela Ruarte
MLS Listing # 3783422 2924336 9968913 4548114
MLS Source History REcolorado REcolorado REcolorado REcolorado
MLS Status Expired Closed Expired Expired
MLS Listing Price $733,000 $500,000 $489,900 $499,900
MLS Orig Listing Price $733,000 $500,000 $489,900 $529,900
MLS Listing Close Price $492,000
MLS Listing Date 05/27/2022 08/30/2019 07/18/2019 02/28/2019
MLS Close Date 10/17/2019
MLS Listing Expiration Date 06/08/2022 08/15/2019 07/28/2019
LAST MARKET SALE & SALES HISTORY
Sale Date 10/17/2019
Deed Type Warranty Deed
Sale Price $492,000 Owner Name Wade Adriana B Price per SqFt Finished $150 41 Seller Johannes Loren J & Lisa R Document Number 69782
Sale Date 06/30/2022 12/11/2021 10/17/2019 01/03/2003 12/29/2000
Sale Price $492,000 $264,240
Nominal Y Y Y Buyer Wade Adriana B Wade Adriana B Meade Krystinne J Johannes Loren J & Li sa R Johannes Lisa R
Buyer Pacino Andrew P Johannes Lisa R Seller Meade Krystinne J Meade Krystinne J Johannes Loren J & Li sa R Johannes Lisa R Kdb Homes Inc
Document Number 46577 28911 69782 5759 1945 1122
Document Type Quit Claim Deed Quit Claim Deed Warranty Deed Quit Claim Deed Warranty Deed Title Company Fidelity National Title I nsura First American Heritag e Title First American Heritag e Title Multi/Split Sale Type
Sale Date 05/07/1998 05/07/1998 Sale Price $3,346,200 $1,899,800 Nominal Buyer Bre Metzler Co Kdb Homes Inc Buyer
Seller Vista Village Colo Co Bre & Metzler Co Document Number 1549 337 1549 335
Document Type Warranty Deed Warranty Deed Title Company Multi/Split Sale Type Multi Multi
MORTGAGE HISTORY
Mortgage Date 10/18/2019
Borrower
Borrower
Mortgage
Mortgage
Mortgage
Mortgage
Borrower
Mortgage
Mortgage
Mortgage
2.3% $18,400
Zestimates varied up to 2.3% or $18,400 compared to actual MLS prices.
A
ADDRESS PRICE ZESTIMATE DIFFERENCE
3902 Maverick Court $692,500 $685,600 1.0%
3697 Rawhide Circle $727,000 $717,644 1.3%
ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE
1011 Quarterhorse Trail 9/1/22 $610,000 $613,600 0 6%
1191 Purple Sage Loop 6/7/22 $749,000 $763,200 1.9%
4409 Lazy K Drive 7/29/22 $755,000 $763,300 1.1%
4501 Tanoa Court 4/22/22 $810,000 $828,400 2 3%
Zillow
David KirilchukDetails
Prop Type: Single Family Residence County: Douglas Subdivision: Metzler Ranch Style: Traditional Full baths: 3.0
Features
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer Association Fee Frequency: Quarterly Association Fee Includes: Recycling, Trash Association Name: Metzler Ranch Home Owners
Half baths: 1.0
Lot Size (sqft): 10,454
Garages: 3 List date: 9/16/22
Updated: Sep 16, 2022 7:36 AM
List Price: $692,500
Orig list price: $692,500
Assoc Fee: $135
Taxes: $2,287
School District: Douglas RE 1
High: Douglas County
Middle: Castle Rock
Elementary: Castle Rock
Association Phone: (303) 224 0004
Association Yn: true
Basement: Finished, Full Below Grade Unfinished Area: 40 0
Building Area Source: Public Records
Common Walls: No Common Walls
Construction Materials: Brick, Frame, Wood
Siding
Cooling: Central Air
Direction Faces: West Exterior Features: Dog Run, Lighting, Private Yard, Rain Gutters
Fireplace Features: Family Room, Gas, Gas Log
Fireplaces Total: 1
Flooring: Carpet, Laminate, Tile
Furnished: Unfurnished
Heating: Electric, Forced Air, Hot Water, Natural Gas Horse Yn: false
Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, Kitchen Island, Smoke Free, Walk-In Closet(s) Levels: Tri-Level
Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Living Area Total: 3128
Remarks
Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Sprinklers In Front, Sprinklers In Rear
Main Level Bathrooms: 1
Parking Total: 3
Patio And Porch: Deck, Front Porch
Property Condition: Updated/Remodeled Road Frontage Type: Public Road
Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Yn: false
Sewer: Public Sewer Structure Type: House
Tax Legal Description:
LOT 6 BLOCK 7 METZLER
RANCH #1 0.243 AM/L
Tax Year: 2021
Utilities: Cable Available, Electricity Available, Electricity Connected
Virtual Tour: View
Window Features: Double Pane Windows, Window Coverings
Zoning: Single Family
This lovely 5 bed / 4 bath home is located on a large corner lot of a cul-de-sac in the heart of Metzler Ranch in Castle Rock, CO. Perfect for entertaining, the home boasts an oversized welcoming front porch and large rear deck with a private yard. Upon entering the home you will fall in love with the ample square footage and numerous updates including flooring, paint, bathroom(s), ceiling fans and more. The Kitchen has a large island, granite countertops, pantry, plenty of cabinet storage and is the heart of the home. Adjoining the Kitchen is the formal dining room. In addition, the home has three separate living spaces affording plenty of gathering and entertaining space. The Master retreat sit on its own level and features and oversized five piece master bath and walk in closet. The location of the home affords all the conveniences and amenities that Castle Rock has to offer. This Metzler Ranch property is located close to the heart of "downtown" Castle Rock, and only a few minutes from the shopping areas/Outlet Malls in Castle Rock, as well as schools, parks and open space. It is centrally located just 25 min from the Metro-Denver Area, and just shy of 40 min to Colorado Springs, perfectly located along the front range. Don't miss this opportunity, schedule your showing today.
ACTIVE 6/9/22
Details
Prop Type: Single Family Residence County: Douglas Subdivision: Metzler Ranch
Full baths: 3.0 3/4 Baths: 1.0
Features
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Association Fee Frequency: Quarterly Association Name: METZLER RANCH HOMEOWNERS ASSOCIATION Association Phone: (303) 224 0004 Association Yn: true
Lot Size (sqft): 6,534
Garages: 3
List date: 6/9/22
Updated: Oct 3, 2022 6:22 AM
List Price: $727,000
Orig list price: $739,000
Assoc Fee: $135
Taxes: $2,263
School District: Douglas RE 1
High: Douglas County
Middle: Mesa Elementary: Castle Rock
Basement: Finished Below Grade Unfinished Area: 50 0
Construction Materials: Frame, Wood Siding Cooling: Central Air Exterior Features: Private Yard
Fireplace Features: Living Room Fireplaces Total: 1
Furnished: Unfurnished
Heating: Forced Air
Levels: Two
Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 3297
Main Level Bathrooms: 1
Parking Total: 3
Road Frontage Type: Public Road Road Surface Type: Paved
Roof: Composition
Senior Community Yn: false
Sewer: Public Sewer
Structure Type: House
Tax Legal Description: LOT 10 BLOCK 10
METZLER RANCH #1 0 151 AM/L
Tax Year: 2021
David Kirilchuk
1011
Trail
Details
Prop Type: Single Family Residence County: Douglas Subdivision: Metzler Ranch Style: Traditional Full baths: 2 0
Features
Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Fee Frequency: Quarterly Association Name: Metzler Ranch Association Phone: 303-663-3615 Association Yn: true
Half baths: 1.0
Lot Size (sqft): 7,144
Garages: 3 List date: 6/28/22
Sold date: 9/1/22
Off-market date: 7/24/22
Updated: Sep 6, 2022 3:05 AM
List Price: $625,000
Orig list price: $625,000
Assoc Fee: $125 Taxes: $2,187
School District: Douglas RE 1
High: Douglas County Middle: Mesa Elementary: Castle Rock
Basement: Bath/ Stubbed, Cellar, Finished, Partial
Below Grade Unfinished Area: 150.0
Builder Name: Melody Homes Inc
Building Area Source: Public Records
Concessions: Buyer Closing Costs/Seller Points Paid
Concessions Amount: 1500
Construction Materials: Frame, Rock, Wood
Siding
Cooling: Central Air
Direction Faces: South
Exterior Features: Garden, Private Yard
Fencing: Full
Fireplace Features: Family Room, Gas Log
Fireplaces Total: 1 Flooring: Carpet, Stone, Tile, Vinyl, Wood
Foundation Details: Slab
Furnished: Unfurnished Heating: Forced Air, Natural Gas
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Laminate Counters, Pantry, Primary Suite, Smoke Free, Walk In Closet(s), Wired for Data
Laundry Features: In Unit
Levels: Two
Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 2761
Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
Main Level Bathrooms: 1
Parking Total: 3
Patio And Porch: Deck
Remarks
Roof: Composition
Senior Community Yn: false
Sewer: Public Sewer
Structure Type: House
Tax Legal Description: LOT 28 BLOCK 7
METZLER RANCH #1 0 164 AM/L
Tax Year: 2021
Utilities: Cable Available
Virtual Tour: View
Water Source: Public
Window Features: Double Pane Windows, Window Coverings
Beautiful home in Metzler Ranch! It boasts an open and spacious floorplan with vaulted ceilings and lots of natural light. Some of the upgrades include custom slate tile, wood stairs with wrought iron railings, lighting, fireplace, new furnace and A/C installed July of 2019, and new exterior paint in 2021. The kitchen comes equipped with stainless steel appliances, pantry, and eating space. The upper level includes 4 spacious bedrooms which also includes a primary sweet. The Primary suite has a 5-piece bath, and large walk-in closet with custom shelving. The basement is mostly finished with an entertainment room, and a large bedroom that has 2 rooms. There is a room that has been partially framed out for a bathroom and already has the rough-in plumbing. It would be easy to add 4th bathroom. The basement is finished out with a storage room. The huge back yard is fenced in and has garden beds, storage shed, and a great deck for enjoying Colorado's beautiful days and nights! The 3rd bay of the tandem 3 car garage has been converted into a heated work area. Perfect for a salon, art studio, office, or workshop. It could also be converted back to a garage for a 3rd car. An excellent location with easy access to all the Castle Rock has to offer! Just an excellent move-in ready home!
David KirilchukDetails
Prop Type: Single Family Residence County: Douglas Subdivision: Metzler Ranch Style: Traditional Full baths: 3.0
Features
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer Association Fee Frequency: Quarterly Association Fee Includes: Capital Reserves, Recycling, Trash Association Name: Metzler Ranch HOA
Half baths: 2 0
Lot Size (sqft): 9,322
Garages: 2 List date: 4/27/22
Sold date: 6/7/22
Off-market date: 5/12/22
Updated: Jun 7, 2022 9:46 AM
List Price: $749,000
Orig list price: $755,000
Assoc Fee: $107 Taxes: $2,459
School District: Douglas RE 1
High: Douglas County Middle: Mesa Elementary: Castle Rock
Association Phone: 303-224 0004
Association Yn: true
Basement: Partial
Below Grade Unfinished Area: 278 0
Builder Model: The Barkley
Builder Name: David Weekley Homes
Building Area Source: Public Records
Common Walls: No Common Walls
Concessions: No
Construction Materials: Frame
Cooling: Central Air
Direction Faces: East
Exterior Features: Gas Grill, Gas Valve, Private Yard, Rain Gutters
Fencing: Full
Fireplace Features: Family Room, Gas
Fireplaces Total: 1
Flooring: Carpet, Tile Foundation Details: Concrete Perimeter
Furnished: Unfurnished
Heating: Forced Air
Interior Features: Breakfast Nook, Ceiling Fan(s), Five Piece Bath, High Ceilings, Jet Action Tub, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 3355
Remarks
Lot Features: Landscaped
Main Level Bathrooms: 2
Main Level Bedrooms: 1 Other Equipment: Air Purifier
Parking Features: Concrete, Dry Walled, Oversized, Storage Parking Total: 2 Patio And Porch: Deck, Front Porch
Property Condition: Updated/Remodeled
Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Yn: false
Sewer: Public Sewer Structure Type: House
Tax Legal Description:
LOT 19 BLOCK 2 METZLER
RANCH # 1 0.214 AM/L
Tax Year: 2021
View: Mountain(s)
Water Source: Public
Window Features: Double Pane Windows, Window Coverings, Window Treatments
Zoning: PUD
Views, views, views! Welcome to this spacious home with beautiful mountain views. As you enter the home you will notice a private dining room and large office space with French doors. As you continue into the home you will see the updated kitchen with quartz counters, stainless appliances, gorgeous cabinets, and plenty of room for bar stools. There is also an eat-in breakfast area. The kitchen is open to the family room with gas fireplace and high ceiling. Perfect for entertaining friends and family. This home offers a rare main floor master suite with updated bath and large walk in closet. A powder room and spacious laundry complete the first level of the home. As you head upstairs don't miss the views from the overlook. Three additional bedrooms plus loft and two secondary baths offer plenty of room for guests. One bedroom is complete with an attached bath. Partially finished open floor plan basement with 1/2 bath great for Family Rec room/Play room/Fitness room or even Man Cave! The backyard offers true relaxation while you lounge on your large deck. This home has an oversized garage for all of your toys. A high efficiency 2 stage furnace and a/c unit, air purification system, and by-pass humidifier were installed in 2019 along with a tankless water heater. New carpet upstairs! This is a home you don't want to miss!
$755,000
CLOSED 7/29/22
Details
Prop Type: Single Family Residence County: Douglas Subdivision: Metzler Ranch Style: Traditional Full baths: 3.0
Features
Appliances: Dishwasher, Disposal, Double Oven, Gas Water Heater, Humidifier, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
Association Fee Frequency: Quarterly
Association Name: Metler Ranch HOA Association Phone: (303)
3/4 Baths: 1.0
Half baths: 1.0
Lot Size (sqft): 11,456
Garages: 3
List date: 6/16/22
Sold date: 7/29/22
Off-market date: 7/5/22
Updated: Jul 29, 2022 11:15 AM
List Price: $759,999
Orig list price: $759,999
Assoc Fee: $135
Taxes: $2,503
School District: Douglas RE 1
High: Douglas County Middle: Mesa Elementary: Castle Rock
Association Yn: true
Basement: Finished, Partial
Below Grade Unfinished Area: 120 0
Builder Name: David Weekley Homes
Building Area Source: Public Records
Concessions: No Construction Materials: Cement Siding, Frame
Cooling: Central Air
Direction Faces: South Electric: 110V
Fencing: Full
Fireplace Features: Family Room
Fireplaces Total: 1
Flooring: Carpet, Tile, Vinyl Foundation Details: Slab Furnished: Unfurnished
Heating: Forced Air, Natural Gas
Horse Yn: false
Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, Jack & Jill Bath, Kitchen Island, Open Floorplan, Solid Surface Counters, Stone Counters, Vaulted Ceiling(s), Walk In Closet(s)
Levels: Two
Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 3526
Lot Features: Cul-De-Sac
Main Level Bathrooms: 2 Main Level Bedrooms: 1
Parking Features: Concrete Parking Total: 3 Patio And Porch: Covered, Front Porch, Patio
Remarks
Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Architectural Shingles
Senior Community Yn: false
Sewer: Public Sewer
Structure Type: House Tax Legal Description: LOT 2 BLOCK 1 METZLER
RANCH #1 0.263 AM/L
Tax Year: 2021
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Virtual Tour: View Window Features: Bay Window(s)
Beautiful 4-bedroom, 4 1/2 bathroom home with main floor master suite plus a finished basement, located in the Metzler Ranch neighborhood of Castle Rock! This move-in ready home is freshly painted in neutral colors inside and a beautiful grey on the exterior. The welcoming entryway includes a covered front porch, perfect for a sitting area, and the front is landscaped with colorful flowers. A remodeled kitchen features stainless appliances including a double oven, and a decorative slab granite island with stacked stonework With an eat-in kitchen and a separate formal dining room in the front of the home, there's plenty of room for entertaining. The dining room offers a large picture window and is centered by a beautiful Pottery Barnstyle light fixture. The majority of the flooring is engineered hardwood. The open living room has vaulted ceilings, a decorative stone fireplace and art niches. There is a main floor office and a wine storage closet under the staircase. Secondary bedrooms are all located upstairs and feature new carpet, and the finished basement complete with luxury laminate hardwood-look flooring is perfect for a game room, "man cave," teen hangout or media room. A well cared for backyard includes a concrete patio and a shed to store all your gardening tools, and a raised brick planter bed with steps, plus the oversized two-car garage has ample room to store bikes and more. For the outdoor enthusiasts, less than a mile away is Metzler Ranch Park, with baseball fields, picnic pavilions, two roller hockey courts, trails and more. Red Hawk Ridge golf course is just 3.5 miles away. The town of Castle Rock offers easy access to I-25 and to Denver Tech Center. With a charming downtown featuring boutiques and restaurants, plus outlet mall and numerous conveniences including Castle Rock Adventist Hospital, less than 2 miles away. Douglas County offers numerous parks and recreation centers, great schools, and a wonderful sense of community
Details
Prop Type: Single Family Residence County: Douglas Subdivision: METZLER RANCH
Full baths: 3.0
Half baths: 1.0
Features
Appliances: Dishwasher, Microwave, Oven Association Fee Frequency: Quarterly Association Name: Metzler Ranch Association Phone: 3032240004 Association Yn: true Basement: Partial, Walk Out Access
Lot Size (sqft): 16,858
Garages: 3
List date: 2/17/22
Sold date: 4/22/22
Off-market date: 3/27/22
Updated: Apr 22, 2022 6:10 AM
List Price: $807,000
Orig list price: $820,000
Assoc Fee: $92 Taxes: $2,435
School District: Douglas RE 1
High: Douglas County Middle: Mesa Elementary: Castle Rock
Below Grade Unfinished Area: 520 0
Concessions: No Construction Materials: Brick, Wood Siding Cooling: Central Air
Fireplaces Total: 1
Heating: Natural Gas
Interior Features: Granite Counters, Kitchen Island Levels: Two
Listing Terms: Cash, Conventional, VA Loan
Living Area Total: 3153
Lot Features: Cul-De-Sac
Main Level Bathrooms: 1
Parking Total: 3
Roof: Other
Senior Community Yn: false
Sewer: Public Sewer Structure Type: House
Tax Legal Description:
LOT 3 BLOCK 1 METZLER RANCH #1 0 387 AM/L
Tax Year: 2020
Utilities: Electricity Available, Natural Gas Available
Welcome to this gorgeous neighborhood! Terrific 4 bedroom and 3 bath home with a 3 car garage. The kitchen is equipped with updated countertops, tile backsplash, ample cabinets, a breakfast bar, and center island. Entertaining is a breeze with this great floor plan complete with a cozy fireplace. Primary bathroom features a separate tub and shower, dual sinks and a walk-in closet. Lush green landscape surrounds this beautiful house. This home has been virtually staged to illustrate its potential.
David KirilchukComparable
99.4%
Homes sold for an average of 99 4% of their list price.
Analysis
Days on market
It took an average of 24 days for a home to sell.
1011 Quarterhorse Trail $625,000 $610,000 9760% 26 $221
1191 Purple Sage Loop $755,000 $749,000 99 21% 15 $223
4409 Lazy K Drive $759,999 $755,000 99 34% 19 $214
4501 Tanoa Court $820,000 $810,000 98 78% 38 $257
Averages $739,999 $731,000 98.78% 24 $229
Summary of Comparable Properties
A ACTIVE LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
3902 Maverick Court 5 4.00 3,128 $692,500 $221
3697 Rawhide Circle 4 4 00 3,297 $727,000 $221
Averages 3,212 $709,750 $221
S SOLD LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
1011 Quarterhorse Trail 9/1/22 5 3.00 2,761 $610,000 $221
1191 Purple Sage Loop 6/7/22 4 5.00 3,355 $749,000 $223
4409 Lazy K Drive 7/29/22 4 5.00 3,526 $755,000 $214
4501 Tanoa Court 4/22/22 3 4 00 3,153 $810,000 $257
Averages 3,198 $731,000 $229
David KirilchukINTELLIGENT 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%
Market Value -10% -15%
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.
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.