Mary Ann’s Comparative Market Analysis

Page 1

at Keller Williams Integrity







480 E Fremont Pl #207, Centennial, CO 80122-3090, Arapahoe County

Sold for $377,205 on 01/31/2020

Beds 2

Baths 2

Sale Price N/A

Sale Date N/A

Bldg Sq Ft 1,180

Lot Sq Ft 361

Yr Built 2019

Type MD RS CND

OWNER INFORMATION

Owner Name

Milton Mary Ann

Mailing ZIP 4

3090

Mailing Address

480 E Fremont Pl #207

Mailing Carrier Route

C047

Mailing City & State

Centennial, CO

Owner Occupied

Yes

Mailing Zip

80122

LOCATION INFORMATION

Property Zip

80122

Middle School

Powell

Property Zip4

3090

High School

Heritage

Property Carrier Route

C047

Subdivision

Fremont Place Condo Bldg 1 & Ga rage Bldg 1

School District

Littleton 6

Census Tract

56.25

Elementary School

Hopkins

TAX INFORMATION

PIN

2077-27-4-52-009

% Improved

66%

Alternate PIN

035375251

Tax District

1688

Schedule Number

207727452009

Legal Description

UNIT 207 BLDG 1 AS PER CONDO DECLARATION RECORDED ON R EC# D9035022 FREMONT PLACE CONDOMINIUMS

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

Market Value - Land

$76,500

$95,000

Market Value - Improved

$248,400

$183,750

Market Value - Total

$324,900

$278,750

Assessed Value - Land

$6,089

$6,793

Assessed Value - Improved

$19,773

$13,138

Assessed Value - Total

$23,231

$19,931

YOY Assessed Change (%)

16.56%

YOY Assessed Change ($)

$3,300

Tax Year

Total Tax

2020

$3,070

2019

CHARACTERISTICS

Lot Acres

0.0083

# Buildings

1

Lot Sq Ft

361

Bedrooms

2

Land Use - County

Condominium-Mid-Rise

Baths - Total

2

Land Use - CoreLogic

Mid Rise Condo

Baths - Full

2

Building Type

Residential Condo

Stories

1

Style

Ranch

Cooling Type

Central

Year Built

2019

Heat Type

Forced Air

Bldg Sq Ft - Above Ground

1,180

Exterior

Wood Siding

Bldg Sq Ft - Finished

1,180

Quality

Good

Bldg Sq Ft - 1st Floor

1,180

FEATURES

Feature Type

Size/Qty

First Floor

1,180

Covered Porch

65

SELL SCORE

Rating

Low

Sell Score

444

Property Details

Value As Of

2022-01-30 03:40:40

Courtesy of Blake Buckley, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 02/01/22 Page 1/2


ESTIMATED VALUE

RealAVM™

$362,400

Confidence Score

65

RealAVM™ Range

$318,912 - $405,888

Forecast Standard Deviation

12

Value As Of

01/23/2022

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

LAST MARKET SALE & SALES HISTORY

Owner Name

Milton Mary Ann

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Blake Buckley, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 02/01/22 Page 2/2


Map of Property Locations

420 E Fremont Place Unit #207, Centennial, CO 80122 Listing Id: 2113090 Status: Closed 08/16/21 Price: $432,400 1 Subtype: CON Ttl SqFt: 1,118 Bd/Bth: 2/2 Show #: 400 E Fremont Place Unit #203, Littleton, CO 80122 Listing Id: 4121249 Status: Closed 06/03/21 Price: $413,000 3 Subtype: CON Ttl SqFt: 1,118 Bd/Bth: 2/2 Show #: 303-268-8364

400 E Fremont Place Unit #208, Littleton, CO 80122 Listing Id: 5619490 Status: Closed 06/11/21 Price: $383,320 Subtype: CON 2 Ttl SqFt: 1,118 Bd/Bth: 2/2 Show #: 303-268-8364 420 E Fremont Place Unit #205, Littleton, CO 80122 Listing Id: 2816411 Status: Closed 04/26/21 Price: $376,250 Subtype: CON 4 Ttl SqFt: 1,118 Bd/Bth: 2/2 Show #: 303-268-8364


Broker 1 Page 420 E Fremont Place Unit #207, Centennial, CO 80122 (Status: Closed, Listing ID: 2113090) Close Price: $432,400 County: Arapahoe List Price: $429,900 Property Type: Residential Original List Price: $439,900 Property Subtype: Condominium Levels: One Basement: No Structure Type: Low Rise (1-3) Year Built: 2021 Subdivision Name: Littleton Village Listing Contract Date: 05/28/2021 Purchase Contract Date: 06/25/2021 Contingency: None Known Close Date (DIM): 08/16/2021 Days In MLS: 28 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $3,843.52 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: Unit 207 Bldg 3 As Per Condo Declaration Recorded On Rec# D9035022 Fremont Place Condominiums Interior Area & SqFt 1,118 Living Area (SqFt Finished): 1,118 Above Grade Finished Area: 1,118 $387 PSF Finished: $387 PSF Above Grade: $387

Building Area Total (SqFt Total): PSF Total: Heating: Electric Cooling: Central Air HVAC Description: Interior Features: Elevator, High Speed Internet, Kitchen Island, Master Suite, Quartz Counters, Smart Lights, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Flooring: Concrete, Laminate Exclusions: Seller's personal property. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $298.00 Monthly Assoc 2 Fee/Frequency: $66.88 QuarterlAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Assoc Amenities: Bike Storage, Elevator(s), Fitness Center, Garden Area, Senior Community: No Parking, Playground Restriction Covenants: Other Pets Allowed: Dogs OK, Yes Rentals Allowed: Site & Location Information Lot Features: Near Public Transit, Open Space Elementary School: Hopkins / Littleton 6 Bldg/Complex Name: Littleton Village Middle/Junior Sch: Euclid / Littleton 6 High School: Heritage / Littleton 6 Building & Water Information Entry Level/Loc: 2/Corridor Access Common Walls: 2+ Common Walls Unit Count: Construction Materials: Brick, Frame, Stucco, Vinyl Siding Roof: Architectural Shingles Exterior Features: Balcony, Barbecue, Dog Run, Elevator, Garden, Gas Grill, Lighting, Playground Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Chic and modern 2 bed/2 bath condo less than 6 months old in the desirable Littleton Village community with every lifestyle convenience imaginable. Security entrance building and elevator up to the 2nd floor where a functional grand open floor plan awaits inside. The stunning kitchen is sure to please home chefs boasting quartz countertops, stainless steel appliances with French door refrigerator,... Confidential Information Private Remarks: Because this property was built in 2021, there are no taxes for 2020. Buyer will need to verify tax information. Please remove shoes or wear booties if available. Buyer/Buyer's agent is responsible for verifying all information, measurements, schools and HOA rules/fees/regulations if applicable. Pre-approval or proof of funds required at offer submission. Buyer Agency Comp: 2.5% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: Kevin Kestenbaum List Office: Redfin Corporation Email:

kevin.kestenbaum@redfin.com

Buyer Agent: James Merrion Buyer Office: Coldwell Banker Realty 14 Email:

Jim@OurColoradoHomes.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-545-7169 Mobile: 720-545-7169 Buyer Agent Phone: 303-548-0243 Mobile: 303-548-0243 Close Information

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

Generated on: 01/31/2022 8:30:39 PM


Full Property View

420 E Fremont Place Unit #207, Centennial, CO 80122

----

$432,400 - Closed


400 E Fremont Place Unit #208, Bldg 4, Littleton, CO 80122 (Status: Closed, Listing ID: 5619490) Close Price: $383,320 County: Arapahoe List Price: $403,320 Property Type: Residential Original List Price: $378,320 Property Subtype: Condominium Levels: One Basement: No Structure Type: Mid Rise (4-7) Year Built: 2020 Subdivision Name: Littleton Village Listing Contract Date: 03/07/2021 Purchase Contract Date: 05/18/2021 Contingency: None Known Close Date (DIM): 06/11/2021 Days In MLS: 72 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,104.00 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: Part Of Lot 2 Blk 2 Littleton Village Ex That Part Replatted As Fremont Place Condominiums Tog With Coal Rights Interior Area & SqFt Building Area Total (SqFt Total): 1,118 Living Area (SqFt Finished): 1,118 Above Grade Finished Area: 1,118 PSF Total: $343 PSF Finished: $343 PSF Above Grade: $343 Basement: Bsmnt Ceiling Ht: 9' Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Granite Counters, Master Suite, No Stairs, Open Floorplan, Pantry, Smart Lights, Smart Thermostat, Smoke Free, Solid Surface Counters, Walk-In Closet(s), Wired for Data Appliances: Microwave, Oven, Self Cleaning Oven Flooring: Carpet, Laminate, Tile Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $320.00 Monthly Assoc 2 Fee/Frequency: $22.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Assoc Amenities: Bike Storage, Elevator(s), Fitness Center, Park, Parking, Senior Community: No Playground Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK, Rentals Allowed: Number Limit Site & Location Information Lot Features: Greenbelt, Near Public Transit Elementary School: Hopkins / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Euclid / Littleton 6 High School: Heritage / Littleton 6 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 2/Corridor Access Common Walls: 2+ Common Walls Unit Count: 35 Direction Faces: South View: Construction Materials: Brick, Cement Siding Roof: Composition Exterior Features: Balcony Accessibility Features: Accessible Approach with Ramp Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Brand New 2 bedroom/ 2 bathroom north facing condo with Elevator Access at Fremont Place in Littleton! 42" Espresso soft close cabinets and quartz kitchen. Dual master concept with ample storage, walk-in closet, covered patio, 9 ft ceilings, spacious laundry room, open floorplan, and garage parking. Located in popular Littleton Village, Fremont Place is within minutes from The Streets at Southgle... Confidential Information Private Remarks: Century Communities pays 2.5% on the lesser of base price or purchase price. Contracts must be written on builder forms. Buyer and buyer agent to verify MLS information with builder`s sales personnel. List price may reflect incentives that are tied to using builder`s preferred lender. Price is subject to change without notice. This home is not in Showing Time. To schedule a showing please contact Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: THE ROWLEY GROUP List Office: Coldwell Banker Realty 44 Email: info@therowleygroup.com Co List Agent: Wendy Rowley Co List Office: Coldwell Banker Realty 44 Email:

wendy@therowleygroup.com

Buyer Agent: Other MLS Non-REcolorado Buyer Office: NON MLS PARTICIPANT Email: Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-530-6749 Mobile: 720-530-6749 Phone: 303-717-5613 Mobile: 303-717-5613 Buyer Agent Phone: Mobile: Close Information

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

Generated on: 01/31/2022 8:30:40 PM


400 E Fremont Place Unit #208, Bldg 4, Littleton, CO 80122

----

$383,320 - Closed


400 E Fremont Place Unit #203, Bldg 4, Littleton, CO 80122 (Status: Closed, Listing ID: 4121249) Close Price: $413,000 County: Arapahoe List Price: $423,000 Property Type: Residential Original List Price: $418,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: Mid Rise (4-7) Year Built: 2021 Subdivision Name: Littleton Village Listing Contract Date: 04/26/2021 Purchase Contract Date: 05/08/2021 Contingency: None Known Close Date (DIM): 06/03/2021 Days In MLS: 12 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,104.60 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: Part Of Lot 2 Blk 2 Littleton Village Ex That Part Replatted As Fremont Place Condominiums Tog With Coal Rights Interior Area & SqFt Building Area Total (SqFt Total): 1,118 Living Area (SqFt Finished): 1,118 Above Grade Finished Area: 1,118 PSF Total: $369 PSF Finished: $369 PSF Above Grade: $369 Basement: Bsmnt Ceiling Ht: 9' Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Kitchen Island, No Stairs, Quartz Counters, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wired for Data Appliances: Convection Oven, Disposal, Microwave, Self Cleaning Oven Flooring: Carpet, Vinyl Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $320.00 Monthly Assoc 2 Fee/Frequency: $22.05 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Assoc Amenities: Bike Storage, Elevator(s), Fitness Center, Park, Parking, Senior Community: No Playground Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK, Rentals Allowed: Number Limit Site & Location Information Lot Features: Greenbelt, Near Public Transit Elementary School: Hopkins / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Euclid / Littleton 6 High School: Heritage / Littleton 6 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 2/Corridor Access Common Walls: End Unit Unit Count: 30 Direction Faces: South View: Construction Materials: Brick, Cement Siding Roof: Composition Exterior Features: Balcony Accessibility Features: Accessible Approach with Ramp Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Brand New, 2 bedroom / 2 bathroom condo at Fremont Place in Littleton! Panoramic orientation towards mountains and city. Gorgeous kitchen with large quartz center island, 42" white soft close cabinets, master bedroom with walk-in closet. Open floorplan with tons of natural light. Garage parking and storage included. Located in popular Littleton Village, Fremont Place is within minutes from The St... Confidential Information Private Remarks: Century Communities pays 2.5% on the lesser of base price or purchase price. Contracts must be written on builder forms. Buyer and buyer agent to verify MLS information with builder`s sales personnel. List price may reflect incentives that are tied to using builder`s preferred lender. Price is subject to change without notice. This home is not in Showing Time. To schedule a showing please contact Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: THE ROWLEY GROUP List Office: Coldwell Banker Realty 44 Email: info@therowleygroup.com Co List Agent: Wendy Rowley Co List Office: Coldwell Banker Realty 44 Email:

wendy@therowleygroup.com

Buyer Agent: Brad Spence Buyer Office: Brad Spence LLC Email:

Brad.Spence@outlook.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-530-6749 Mobile: 720-530-6749 Phone: 303-717-5613 Mobile: 303-717-5613 Buyer Agent Phone: 303-909-5698 Mobile: 303-909-5698 Close Information

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

Generated on: 01/31/2022 8:30:40 PM


400 E Fremont Place Unit #203, Bldg 4, Littleton, CO 80122

----

$413,000 - Closed


420 E Fremont Place Unit #205, Bldg 3, Littleton, CO 80122 (Status: Closed, Listing ID: 2816411) Close Price: $376,250 County: Arapahoe List Price: $397,750 Property Type: Residential Original List Price: $392,750 Property Subtype: Condominium Levels: One Basement: No Structure Type: Mid Rise (4-7) Year Built: 2020 Subdivision Name: Littleton Village Listing Contract Date: 03/07/2021 Purchase Contract Date: 03/24/2021 Contingency: None Known Close Date (DIM): 04/26/2021 Days In MLS: 17 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,104.00 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: Part Of Lot 2 Blk 2 Littleton Village Ex That Part Replatted As Fremont Place Condominiums Tog With Coal Rights Interior Area & SqFt Building Area Total (SqFt Total): 1,118 Living Area (SqFt Finished): 1,118 Above Grade Finished Area: 1,118 PSF Total: $337 PSF Finished: $337 PSF Above Grade: $337 Basement: Bsmnt Ceiling Ht: 9' Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Granite Counters, Master Suite, No Stairs, Open Floorplan, Pantry, Smart Lights, Smart Thermostat, Smoke Free, Solid Surface Counters, Walk-In Closet(s), Wired for Data Appliances: Microwave, Oven, Self Cleaning Oven Flooring: Carpet, Laminate, Tile Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $320.00 Monthly Assoc 2 Fee/Frequency: $22.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Assoc Amenities: Bike Storage, Elevator(s), Fitness Center, Park, Parking, Senior Community: No Playground Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK, Rentals Allowed: Number Limit Site & Location Information Lot Features: Greenbelt, Near Public Transit Elementary School: Hopkins / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Euclid / Littleton 6 High School: Heritage / Littleton 6 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 2/Corridor Access Common Walls: 2+ Common Walls Unit Count: 35 Direction Faces: South View: Construction Materials: Brick, Cement Siding Roof: Composition Exterior Features: Balcony Accessibility Features: Accessible Approach with Ramp Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Brand New Quick close 2 bedroom/ 2 bathroom north facing condo with Elevator Access at Fremont Place in Littleton! 42" White soft close cabinets and quartz kitchen. Dual master concept with ample storage, walk-in closet, covered patio, 9 ft ceilings, spacious laundry room, open floorplan, and garage parking. Located in popular Littleton Village, Fremont Place is within minutes from The Streets at... Confidential Information Private Remarks: Century Communities pays 2.5% on the lesser of base price or purchase price. Contracts must be written on builder forms. Buyer and buyer agent to verify MLS information with builder`s sales personnel. List price may reflect incentives that are tied to using builder`s preferred lender. Price is subject to change without notice. This home is not in Showing Time. To schedule a showing please contact Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: THE ROWLEY GROUP List Office: Coldwell Banker Realty 44 Email: info@therowleygroup.com Co List Agent: Wendy Rowley Co List Office: Coldwell Banker Realty 44 Email:

wendy@therowleygroup.com

Buyer Agent: Lori Magazine Buyer Office: RE/MAX Masters Millennium Email:

lorimagazine@yahoo.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-530-6749 Mobile: 720-530-6749 Phone: 303-717-5613 Mobile: 303-717-5613 Buyer Agent Phone: 303-771-9400 Mobile: 303-550-9951 Close Information

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

Generated on: 01/31/2022 8:30:41 PM


420 E Fremont Place Unit #205, Bldg 3, Littleton, CO 80122

----

$376,250 - Closed


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/31/2022 to 01/31/2021 Latitude, Longitude is within 0.10 mi of 480

E Fremont Pl #207, Littleton, CO 80122, USA Beds Total is 2 Baths Total Integer is 1+ Living Area is 1118 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no

Residential Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

2816411 420 E Fremont PL #205, Bldg 3 5619490 400 E Fremont PL #208, Bldg 4 4121249 400 E Fremont PL #203, Bldg 4 2113090 420 E Fremont PL #207

Littleton

2

2

1,118

1,118

1,118

04/26/21

$337

$337

$337

Littleton

2

2

1,118

1,118

1,118

06/11/21

$343

$343

Littleton

2

2

1,118

1,118

1,118

06/03/21

$369

Centennial

2

2

1,118

1,118

1,118

08/16/21

Averages:

1,118

1,118

1,118

Count: 4

Closed Price:

Report Totals

Presented By: Blake Buckley Generated on: 01/31/2022

Count : 4

Averages:

High $432,400

SqFt Abv 1,118

SqFt Ttl 1,118

List Price Close Price

CP/OLP

17

392,750

$397,750 $376,250

96%

$343

72

378,320

$403,320 $383,320

101%

$369

$369

12

418,000

$423,000 $413,000

99%

$387

$387

$387

439,900

$429,900 $432,400

98%

$359

$359

$359

28 32

$407,243

$413,493 $401,243

99%

Orig Price $407,243

List Price Close Price $413,493 $401,243

CP/OLP 99 %

Low $376,250 Sqft Fin 1,118

PSF Abv $ 359

PSF Fin DIM Orig Price

Median $398,160 PSF Ttl

$359

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

PSF Fin $359

CMA 1-Line Page 1 of 1


at Keller Williams Integrity

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

Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.


ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.


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