at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
This week the median list price for Arvada, CO is $798,950 with the market action index hovering around 96. This is an increase over last month's market action index of 92. Inventory has increased to 78.
Real-Time Market Profile Median List Price
$798,950
Market Action Index
Median Price of New Listings
$685,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$294
Average Days on Market
40
Median Days on Market
7
Price Decreased
22%
Price Increased
4%
Relisted
6%
Inventory
78
Median Rent
$2,645
Market Action
96
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
96
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
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
$1,375,000
3,340
0.25 - 0.5 acre
4
4
16
3
3
21
$900,000
3,255
8,000 - 10,000 sqft
4
3
46
10
6
0
$710,000
2,343
6,500 - 8,000 sqft
4
3
50
10
11
3
$579,200
1,989
8,000 - 10,000 sqft
3
2
54
12
14
0
Thu May 05 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Median List Price
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend. $1.2M
$1.0M
$800K
$600K
$400K May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Segments
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Thu May 05 2022
May 2021
Sep 2021
Jan 2022
Apr 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Price Per Square Foot
The market’s light downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities. $400
$350
$300
$250
$200
$150 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 300
250
200
150
100
50
0 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Thu May 05 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Market Action Index
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there. 120
100
80
60
40
20 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 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 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Thu May 05 2022
May 2021
Sep 2021
Jan 2022
Apr 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 71 days. Half of the listings have come newly on the market in the past 14 or so days. Watch the 90-day DOM trend for signals of a changing market. 125
100
75
50
25
0 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 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. 400
300
200
100
0 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Thu May 05 2022
May 2021
Sep 2021
Jan 2022
Apr 2022
Bottom 90-Day
6 of 6
17819 W 94th Dr, Arvada, CO 80007-8026, Jefferson County APN: 460279
CLIP: 6072125060
Beds 4
Baths 4
Sale Price $550,050
Sale Date 10/30/2018
Bldg Sq Ft 2,772
Lot Sq Ft 6,960
Yr Built 2019
Type SFR
OWNER INFORMATION
Owner Name
Ratkiewicz Jonathan William
Mailing ZIP 4
8026
Mailing Address
17819 W 94th Dr
Mailing Carrier Route
R014
Mailing City & State
Arvada, CO
Owner Occupied
Yes
Mailing Zip
80007
LOCATION INFORMATION
Property Zip
80007
Census Tract
605.01
Property Zip4
8026
Neighborhood Code
Candelas, Leyden Rock, Wild Gr-5 011
Property Carrier Route
R014
Township
02
School District
Jefferson County R-1
Range
70
Elementary School
Three Creeks K-8
Section
23
Middle School
Wayne Carle
Quarter
NW
High School
Ralston Valley
Block
6
Subdivision
Candelas Flg 2
Lot
18
PIN
460279
% Improved
79%
Alternate PIN
20-232-04-018
Tax District
1161
Schedule Number
460279
Legal Description
SECTION 23 TOWNSHIP 02 RANG E 70 QTR NW SUBDIVISIONCD 108 070 SUBDIVISIONNAME CANDELA S FLG NO 2 BLOCK 006 LOT 0018 SIZE: 6960 TRACT VALUE: .160
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021 - Preliminary
2020
2019
2018
Market Value - Land
$99,940
$111,300
$111,300
$88,315
Market Value - Improved
$451,234
$421,096
$421,096
Market Value - Total
$551,174
$532,396
$532,396
$88,315
Assessed Value - Land
$7,146
$7,958
$7,958
$25,611
Assessed Value - Improved
$32,263
$30,108
$30,108
Assessed Value - Total
$39,409
$38,066
$38,066
YOY Assessed Change (%)
3.53%
0%
48.63%
YOY Assessed Change ($)
$1,343
$0
$12,455
Tax Year
Total Tax
2018
$4,490
2019 2020
$25,611
Change ($)
Change (%)
$6,590
$2,101
46.79%
$6,640
$50
0.75%
CHARACTERISTICS
Lot Acres
0.1598
Basement Type
Basement
Lot Sq Ft
6,960
# Buildings
1
Land Use - CoreLogic
SFR
Bedrooms
4
Building Type
Single Family
Baths - Total
4
Year Built
2019
Baths - Full
4
Bldg Sq Ft - Above Ground
2,772
Stories
2
Bldg Sq Ft - Basement
1,358
Cooling Type
Central & Unit
Bldg Sq Ft - Total
4,130
Heat Type
Forced Air
Bldg Sq Ft - Finished
2,772
Garage Type
Attached Garage
Bldg Sq Ft - 1st Floor
1,358
Garage Sq Ft
558
Bldg Sq Ft - 2nd Floor
1,414
Quality
Good
FEATURES
Feature Type Property Details
Size/Qty Courtesy of Alex Swords, 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: 05/05/22 Page 1/2
Covered Porch
78
Covered Porch
109
Basement Total
1,358
Second Floor
1,414
First Floor
1,358
Attached Garage
558
Attached Garage
200
SELL SCORE
Rating
Low
Sell Score
495
Value As Of
2022-05-01 03:23:49
MORTGAGE HISTORY
Mortgage Date
12/01/2021
12/01/2021
11/05/2018
Mortgage Amount
$459,000
$459,000
$440,040
Mortgage Lender
Zenith Hm Lns
Zenith Hm Lns
Hallmark Hm Mtg LLC
Borrower
Ratkiewicz Jonathan W
Ratkiewicz Jonathan W
Ratkiewicz Jonathan W
Mortgage Type
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Refi
1st Time Sale
Mortgage Term
30
30
30
Mortgage Term
Years
Years
Years
Title Company
Stewart Title
Colorado Land Title Co
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Alex Swords, 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: 05/05/22 Page 2/2
Map of Property Locations
17550 W 94th Drive, Arvada, CO 80007 Listing Id: 3232834 Status: Pending 04/17/22 Price: $785,000 1 Subtype: SFR Ttl SqFt: 4,546 Bd/Bth: 3/3 Show #: 303-573-7469 17439 W 94th Drive, Arvada, CO 80007 Listing Id: 7703486 Status: Closed 01/10/22 Price: $775,000 3 Subtype: SFR Ttl SqFt: 4,751 Bd/Bth: 4/4 Show #: 303-573-7469
17380 W 94th Drive, Arvada, CO 80007 Listing Id: 8935785 Status: Closed 01/06/22 Price: $760,000 Subtype: SFR 2 Ttl SqFt: 3,808 Bd/Bth: 4/4 Show #: 3035737469 17630 W 94th Drive, Arvada, CO 80007 Listing Id: 8759432 Status: Closed 02/03/22 Price: $815,000 Subtype: SFR 4 Ttl SqFt: 4,751 Bd/Bth: 4/4 Show #: 3035737469
17619 W 94th Drive, Arvada, CO 80007 Listing Id: 4760506 Status: Closed 03/18/22 Price: $825,000 5 Subtype: SFR Ttl SqFt: 4,346 Bd/Bth: 3/3 Show #: (800) 746-9464 17357 W 95th Avenue, Arvada, CO Listing Id: Status: Price: 7 Subtype: Ttl SqFt: Bd/Bth: Show #:
80007 4627619 Closed 04/29/22 $926,000 SFR 5,353 3/4 303-233-1000
17718 W 95th Avenue, Arvada, CO Listing Id: Status: Price: Subtype: 6 Ttl SqFt: Bd/Bth: Show #:
80007 3109860 Closed 03/30/22 $880,000 SFR 4,398 4/3 303-573-7469
Broker 1 Page 17550 W 94th Drive, Arvada, CO 80007 (Status: Pending B/U, Listing ID: 3232834) County: Jefferson List Price: $785,000 Property Type: Residential Original List Price: $785,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2017 Subdivision Name: Candelas Listing Contract Date: 04/15/2022 Purchase Contract Date: 04/17/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 2 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $6,647 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 007 LOT 0024 SIZE: 9368 TRACT VALUE: .215 Interior Area & SqFt Building Area Total (SqFt Total): 4,546 Living Area (SqFt Finished): 2,273 Above Grade Finished Area: 2,273 Below Grade Total Area: 2,273 Below Grade Finished Area: 0 Below Grade Unfinished Area: 2,273 PSF Total: $173 PSF Finished: $345 PSF Above Grade: $345 Basement: Full, Unfinished Bsmnt Ceiling Ht: 10 Foundation: Slab Fireplace: 1/Great Room Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Utility Sink, Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range Hood, Refrigerator, Wine Cooler Flooring: Carpet, Tile, Wood Exclusions: Staging items Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information $0.00 Included Assoc 1 Fee/Frequency: Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: in Property Tax Assoc Fee Incl: Irrigation Water, Maintenance Grounds, Snow Removal Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Tennis Court(s), Trail(s) Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.21 Acres / 9,148 SqFt Waterfront Feat: Lot Features: Irrigated, Landscaped Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Three Creeks / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Direction Faces: Northwest View: Construction Materials: Stone, Stucco Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks With open spaces, fresh air and views to take your breath away, Candelas is a place where the outdoor and active lifestyle enthusiasts can live life to the fullest. Enjoy one level living in this one owner home, full of thoughtful details and classic upgrades. The 12 foot ceilings throughout make this home feel so open and spacious, from the two story entry way to the immaculate great room and kit... Confidential Information Private Remarks: Should there be significant interest in this home, an offer deadline will be sent out via Showingtime. Until then, all offers will be submitted to the seller as they are received. Please link properly on CTM using my ckraska@livsothebysrealty.com email address. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, Jumbo, VA Loan Title Company: Land Title- Angie Schaefer Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
303-573-7469 Show Email: No Showings Until: 04/15/22 Please remove shoes or use booties inside of the home. Please leave lights on and be sure to lock all doors when leaving.
List Agent: Connie Kraska List Office: LIV Sotheby's International Realty Email:
List Agent Phone: 720-309-2862 Mobile: 720-309-2862
ckraska@livsothebysrealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
Full Property View - Client
17550 W 94th Drive, Arvada, CO 80007
----
$785,000 - Pending
17380 W 94th Drive, Arvada, CO 80007 (Status: Closed, Listing ID: 8935785) Close Price: $760,000 County: Jefferson List Price: $750,000 Property Type: Residential Original List Price: $750,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2016 Subdivision Name: Candelas Listing Contract Date: 11/18/2021 Purchase Contract Date: 12/04/2021 Contingency: None Known Close Date (DIM): 01/06/2022 Days In MLS: 16 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $6,508 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 007 LOT 0033 SIZE: 6688 TRACT VALUE: .154 Interior Area & SqFt 3,808 Living Area (SqFt Finished): 2,950 Above Grade Finished Area: 2,950 858 Below Grade Finished Area: 0 Below Grade Unfinished Area: 858 $200 PSF Finished: $258 PSF Above Grade: $258 Bsmnt Ceiling Ht: Fireplace: 1/Family Room
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Unfinished Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Radon Mitigation System, Walk-In Closet(s) Appliances: Dishwasher, Microwave, Oven, Refrigerator Flooring: Carpet, Laminate, Tile Exclusions: Seller personal property Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 2 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information $0.00 Included Assoc 1 Fee/Frequency: Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: in Property Tax Assoc Fee Incl: Maintenance Grounds, Snow Removal, Trash Assoc Amenities: Clubhouse, Fitness Center, Playground, Pool, Trail(s) Senior Community: No Restriction Covenants: Deed Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Restrictions Site & Location Information Lot Size: 0.15 Acres / 6,688 SqFt Waterfront Feat: Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Three Creeks / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Construction Materials: Frame, Rock, Stucco, Wood Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks This INCREDIBLE 2 story home is best described as STUNNING located in the Candelas. The home will certainly impress you with its open vaulted floorplan and oversized spaces throughout. From the moment you enter this home you will note the 9' ceilings and engineered beautiful wood flooring. The LARGE custom kitchen is a chef's dream with granite countertops, Island with breakfast bar, exquisite whi... Confidential Information Private Remarks: BUYER/SELLING AGENT TO CONFIRM SQUARE FOOTAGE, ZONING, HOA AND SCHOOLS. BROKER USES CTM. PLEASE BRING PRE APPROVED BUYERS ONLY WITH PRE APPROVAL LETTER SUBMITTED WITH HIGHEST AND BEST OFFER. SELLER HAS THE RIGHT TO ACCEPT AN OFFER ANYTIME. LOOKING FOR A SUCCESSFUL QUICK CLOSE. THANK YOU FOR SHOWING! OFFERS WILL BE SUBMITTED TO SELLER AS THEY COME IN. SELLER WILL NEED A 30 DAY POST OCCUPANCY. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5% List Agent: David Robbins List Office: Clearview Realty Email: clearviewbrokers@gmail.com Buyer Agent: Heidi Palik Buyer Office: 3 POINT BROKERS LLC Email:
heidi3point@gmail.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-217-5731 Mobile: 720-217-5731 Buyer Agent Phone: 720-422-0169 Mobile: 303-420-7736 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17380 W 94th Drive, Arvada, CO 80007
----
$760,000 - Closed
WELCOME HOME
Beautiful Entry
Great Porch Area For Relaxation
Foyer Entrance
Light & Bright
OPEN
Relaxation
Cozy With The Fireplace
Family Time At The Dinner Table
Open Spaces Throughout
Kitchen Island
Chefs Dream Kitchen
Stainless Steel Appliances
Elegant Kitchen Cabinets
GREAT Office
Main floor 3/4 bath
WOW! Master Bedroom
17439 W 94th Drive, Arvada, CO 80007 (Status: Closed, Listing ID: 7703486) Close Price: $775,000 County: Jefferson List Price: $775,000 Property Type: Residential Original List Price: $775,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2017 Subdivision Name: Candelas Listing Contract Date: 11/30/2021 Purchase Contract Date: 12/04/2021 Contingency: None Known Close Date (DIM): 01/10/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $168.00 Tax Annual Amt: $7,025 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 SUBDIVISIONCD 108072 SUBDIVISIONNAME CANDELAS FLG NO 2 AMD NO 1 BLOCK 05B LOT 017B SIZE: 6622 VALUE: .152 Interior Area & SqFt Building Area Total (SqFt Total): 4,751 Living Area (SqFt Finished): 3,152 Above Grade Finished Area: 3,152 Below Grade Total Area: 1,599 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,599 PSF Total: $163 PSF Finished: $246 PSF Above Grade: $246 Basement: Bath/Stubbed, Full, Unfinished Bsmnt Ceiling Ht: 9ft Foundation: Slab Fireplace: Gas, Great Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Radon Mitigation System, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven, Range, Refrigerator, Washer Flooring: Carpet, Tile, Vinyl, Wood Exclusions: Sellers personal property, garage freezer and fridge Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 3 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $42.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Trash Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Tennis Court(s), Trail(s) Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.16 Acres / 6,876 SqFt Waterfront Feat: Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Three Creeks / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Contemporary Construction Materials: Stone, Wood Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks You’ll know you’re home the minute you are welcomed into this stunning Candelas home by the impressive two story foyer showcasing a modern, horizontal metal stair railing. Extensive hardwood flooring leads you into the beautiful, designer kitchen with endless white cabinets, granite counters, contrasting island, stainless appliances, enormous pantry and a custom brick backsplash that gives the spa... Confidential Information Private Remarks: Owners prefer a possession date of January 20, but are flexible. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Stephanie Iannone List Office: Housing Helpers of Colorado LLC Email: stephanie@iannonegroup.com Co List Agent: Kim Avery Co List Office: Housing Helpers of Colorado LLC Email:
kim@iannonegroup.com
Buyer Agent: Jenelle Bezdek Buyer Office: Supreme Realty Group Email:
JENELLE@SUPREMEREALTYGROUP.COM
Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-641-7484 Mobile: 303-641-7484 Phone: 303-956-7303 Mobile: 303-956-7303 Buyer Agent Phone: 303-668-6970 Mobile: 303-668-6970 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17439 W 94th Drive, Arvada, CO 80007
Welcome home to 17439 W 94th!
----
$775,000 - Closed
Great west side location only 10 minutes to Boulder or Golden with easy access to skiing The front courtyard is a fun place to catch up with friendly neighbors
Relax and unwind in the front courtyard
Inviting, two story entry with modern horizontal railing welcomes your guests
A custom brick backsplash brings a modern, yet warm vibe to the white kitchen.
The extended, contrasting island with granite counters heightens the style of the kitchen
Stainless appliances including a gas range and tons of cabinet space
The family room extends from the kitchen and features a modern cosmo fireplace with brick surround
Hardwood floors extend throughout the main level
Family style dining room is incorporated into the great room and opens to the back patio for indoor-outdoor flow
Main floor home office is tucked away in a quiet spot and big enough for multiple home workers
Full, main level bathroom is adjacent to the main level bedroom
Spacious, main level bedroom is the perfect place for guests
Generous upstairs loft makes a great playroom or second family room
17630 W 94th Drive, Arvada, CO 80007 (Status: Closed, Listing ID: 8759432) Close Price: $815,000 County: Jefferson List Price: $799,000 Property Type: Residential Original List Price: $799,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2016 Subdivision Name: Candelas Flg 2 Listing Contract Date: 01/06/2022 Purchase Contract Date: 01/09/2022 Contingency: None Known Close Date (DIM): 02/03/2022 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $168.00 Tax Annual Amt: $6,850 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 007 LOT 0020 SIZE: 6869 TRACT VALUE: .158 Interior Area & SqFt Building Area Total (SqFt Total): 4,751 Living Area (SqFt Finished): 3,152 Above Grade Finished Area: 3,152 Below Grade Total Area: 1,599 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,599 PSF Total: $172 PSF Finished: $259 PSF Above Grade: $259 Basement: Bath/Stubbed, Full, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Fireplace: 1/Gas Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Dual HVAC system Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, Kitchen Island, Primary Suite, Open Floorplan, Radon Mitigation System, Smoke Free, Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Humidifier, Refrigerator, Self Cleaning Oven, Sump Pump Flooring: Tile Exclusions: Garage refrigerator. Personal belongings and staging items. Washer/dryer negotiable. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 3 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $42.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Recycling, Snow Removal, Trash Assoc Amenities: Clubhouse, Fitness Center, Playground, Pool, Tennis Senior Community: No Court(s), Trail(s) Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Size: 0.16 Acres / 6,869 SqFt Waterfront Feat: Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Wayne Carle / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Direction Faces: Northeast View: Construction Materials: Stone, Wood Siding Roof: Composition Exterior Features: Fire Pit, Gas Grill, Spa/Hot Tub Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks OPEN HOUSE: Sunday, January 9, 1-3PM. Amazing opportunity in a wonderful community! This home features main level office w/custom closet/storage area, bedroom w/walk in closet and full bathroom along with an open concept kitchen w/pantry , dining area, great room and mudroom area. Beautiful upgrades throughout, including custom woodwork, light fixtures and flooring. Upstairs boasts an invitin... Confidential Information Private Remarks: Showings begin Friday, January 7th. Washer/dryer negotiable. Solar panel payment will transfer to buyer at closing. Patio screen door is being repaired. Candelas amenities are covered in taxes. $42.50 quarterly HOA fee is for trash/recycling. Please contact listing agent with any questions prior to writing an offer. Seller reserves the right to accept an offer at any time. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Jamie Patrick List Office: Compass - Denver Email:
jamiesellshomesco@gmail.com
Buyer Agent: George Mazuera Buyer Office: BRE Services, LLC Email:
gmazuera@betterrealestate.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-443-2887 Mobile: 720-443-2887 Buyer Agent Phone: 720-392-8284 Mobile: 720-392-8284 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17630 W 94th Drive, Arvada, CO 80007
----
$815,000 - Closed
17619 W 94th Drive, Arvada, CO 80007 (Status: Closed, Listing ID: 4760506) Close Price: $825,000 County: Jefferson List Price: $789,000 Property Type: Residential Original List Price: $789,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2017 Subdivision Name: Candelas Listing Contract Date: 02/17/2022 Purchase Contract Date: 02/22/2022 Contingency: None Known Close Date (DIM): 03/18/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $6,856 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 005 LOT 0026 SIZE: 6600 TRACT VALUE: .152 Interior Area & SqFt Building Area Total (SqFt Total): 4,346 Living Area (SqFt Finished): 2,173 Above Grade Finished Area: 2,173 Below Grade Total Area: 2,173 Below Grade Finished Area: 0 Below Grade Unfinished Area: 2,173 PSF Total: $190 PSF Finished: $380 PSF Above Grade: $380 Basement: Bath/Stubbed, Exterior Entry, Full, Bsmnt Ceiling Ht: 9' Unfinished, Walk-Out Access Foundation: Slab Fireplace: 1/Gas Log, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Primary Suite, No Stairs, Open Floorplan, Pantry, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Washer Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Refrigerator, washer, dryer, staging furniture, sellers' personal property. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information $0.00 Included Assoc 1 Fee/Frequency: Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: in Property Tax Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Clubhouse, Fitness Center, Playground, Tennis Court(s) Senior Community: No Restriction Covenants: Modular Homes Pets Allowed: Cats OK, Dogs OK, Yes Rentals Allowed: Long Term Not Allowed Site & Location Information Lot Size: 0.15 Acres / 6,600 SqFt Waterfront Feat: Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear Horse: No Ski Features: Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Three Creeks / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: South View: Construction Materials: Cement Siding, Frame, Rock, Stucco Roof: Composition Exterior Features: Balcony, Barbecue, Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Looking for a turn-key ready ranch with excellent floor plan & lots of space? This might be your next home. As you pull up, you'll notice the curb appeal w/ ornamental grasses, impeccable lawn and front porch. Step inside to the foyer and you'll feel the spacious vaulted ceiling and natural light streaming in from the high South facing windows. This feature makes the home feel airy & open as you e... Confidential Information Private Remarks: Yes, sellers are allowing showings through Monday 2/21. Please see Offer Instructions in Supplements if you plan to offer. Most answers to commonly asked questions will be found there. Please submit all offers no later than 9 PM Monday 2/21. Acceptance deadline of 9 PM Tuesday 2/22 is preferred by sellers. Closing on or before 3/18/2022 is also very much preferred by sellers. Updates will be poste Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Reed Peuser List Office: Compass - Denver Email:
reed@rootshomesales.com
Buyer Agent: Tom Kulesza Buyer Office: HomeSmart Email:
Tom@TKDenverhomes.com
Concessions: Buyer Closing Costs/Seller Points Paid, $6,004 Buyer Financing: Conventional
List Agent Phone: 303-888-4696 Mobile: 303-888-4696 Buyer Agent Phone: 970-946-3136 Mobile: 970-946-3136 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17619 W 94th Drive, Arvada, CO 80007
----
$825,000 - Closed
17718 W 95th Avenue, Arvada, CO 80007 (Status: Closed, Listing ID: 3109860) Close Price: $880,000 County: Jefferson List Price: $899,000 Property Type: Residential Original List Price: $899,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2019 Subdivision Name: Candelas Listing Contract Date: 02/17/2022 Purchase Contract Date: 02/26/2022 Contingency: None Known Close Date (DIM): 03/30/2022 Days In MLS: 9 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,020.00 Tax Annual Amt: $7,041 Tax Year: 2020 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 006 LOT 0012 SIZE: 8952 TRACT VALUE: .206 Interior Area & SqFt Building Area Total (SqFt Total): 4,398 Living Area (SqFt Finished): 3,002 Above Grade Finished Area: 3,002 Below Grade Total Area: 1,396 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,396 PSF Total: $200 PSF Finished: $293 PSF Above Grade: $293 Basement: Full, Unfinished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: 2 HVAC Units Interior Features: Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Tile, Wood Furnished: Negotiable Exclusions: Seller's personal property, see broker remarks/supplemental docs regarding furnishings for sale. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $255.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Recycling, Trash Assoc Amenities: Clubhouse, Park, Playground, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.21 Acres / 8,952 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Three Creeks / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Stone, Wood Siding Roof: Composition Exterior Features: Fire Pit, Private Yard, Rain Gutters Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Absolutely Stunning William Lyon Homes 2-Story on a perfect corner lot! This 2019 built home features an incredible floorplan from the moment you walk in the door. Beautiful flooring throughout leads you from the entry foyer to to the large office, then to the inviting living room that is open all the way through the dining area and kitchen. The massive kitchen island is perfect for entertaining, ... Confidential Information Private Remarks: Showings begin Saturday 2/19, overlapping showings will be allowed. Seller is under contract on a replacement home, but would like possession until the middle of April if possible to get moved. Offers will be presented as they are received, but in the event of multiple offers, we will set an offer and response deadline. Please follow all COVID guidelines during showings. Seller is looking to se Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Dane Rickard List Office: RE/MAX Professionals Email:
danerickard@remax.net
Buyer Agent: Jiewen Yuan Buyer Office: Brokers Guild Homes Email: jiewenyuan88@gmail.com Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-973-3313 Mobile: 303-880-5410 Buyer Agent Phone: 720-206-7818 Mobile: 720-206-7818 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17718 W 95th Avenue, Arvada, CO 80007
----
$880,000 - Closed
17357 W 95th Avenue Lot 0017, Arvada, CO 80007 (Status: Closed, Listing ID: 4627619) Close Price: $926,000 County: Jefferson List Price: $890,000 Property Type: Residential Original List Price: $890,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2017 Subdivision Name: Candelas Listing Contract Date: 04/06/2022 Purchase Contract Date: 04/10/2022 Contingency: None Known Close Date (DIM): 04/29/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $170.00 Tax Annual Amt: $7,568 Tax Year: 2021 Tax Legal Desc: SECTION 23 TOWNSHIP 02 RANGE 70 QTR NW SUBDIVISIONCD 108070 SUBDIVISIONNAME CANDELAS FLG NO 2 BLOCK 004 LOT 0017 SIZE: 10669 TRACT VALUE: .245 Interior Area & SqFt Building Area Total (SqFt Total): 5,353 Living Area (SqFt Finished): 2,683 Above Grade Finished Area: 2,683 Below Grade Total Area: 2,670 Below Grade Finished Area: 0 Below Grade Unfinished Area: 2,670 PSF Total: $173 PSF Finished: $345 PSF Above Grade: $345 Basement: Bath/Stubbed, Full, Unfinished Bsmnt Ceiling Ht: 9 ft Foundation: Slab Fireplace: 1/Gas Log, Great Room Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Smoke Free, Stone Counters, Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Range Hood, Self Cleaning Oven Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: seller personal property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 4 Baths Full: 3 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $42.50 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Trash Assoc Amenities: Clubhouse, Fitness Center, Playground, Pond Seasonal, Senior Community: No Pool, Tennis Court(s), Trail(s) Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Size: 0.24 Acres / 10,669 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Horse: No Ski Features: Elementary School: Three Creeks / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Wayne Carle / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Frame, Stone, Wood Siding Roof: Architectural Shingles Exterior Features: Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Rare large ranch on a .24 acre premium corner lot, across the street from a trailhead. William Lyons Builder, (Village Homes). Currington Model. 2683 square feet with fully excavated 9 foot ceiling basement ready to finish. Basement is stubbed and has (4) 20 amp circuits. Large master bedroom with large, true 5 piece master bath, including oversize shower and soaking tub. Open floor plan betwe... Confidential Information Private Remarks: Buyer to assume solar system lease with Tesla Inc.; transfer will be handled by title company. All information listed is deemed reliable but is not guaranteed. Buyer broker shall be responsible for verifying all information including but not limited to taxes, school district and enrollment availability, square footage, HOA details and any items relevant to buyer. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent Phone: 303-525-7203 Mobile: 303-525-7203
List Agent: Ron Selstad List Office: SELSTAD REALTY Email:
selstadrealty@yahoo.com
Buyer Agent: Andrew Muller Buyer Office: RE/MAX of Boulder Email:
andrewmuller@remax.net
Concessions: No Buyer Financing: Conventional
Buyer Agent Phone: 303-449-7000 Mobile: 303-434-6633 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/05/2022 1:43:36 PM
17357 W 95th Avenue, Arvada, CO 80007
----
$926,000 - Closed
Displaying 7 Properties from My Property Cart Property Type is 'Residential'
Residential Pending Properties Listing ID Address
City
3232834 17550 W 94th DR
Arvada
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
3
3
2,273
4,546
2,273
04/17/22
$345
$173
$345
Averages:
2,273
4,546
2,273
$345
$173
$345
Count: 1
High $785,000
List Price:
Low $785,000
PSF Fin DIM Orig Price
2 2
List Price
785,000
$785,000
$785,000
$785,000
Median $785,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
8935785 17380 W 94th DR
Arvada
4
4
2,950
3,808
2,950
01/06/22
$258
$200
$258
7703486 17439 W 94th DR
Arvada
4
4
3,152
4,751
3,152
01/10/22
$246
$163
8759432 17630 W 94th DR
Arvada
4
4
3,152
4,751
3,152
02/03/22
$259
$172
4760506 17619 W 94th DR
Arvada
3
3
2,173
4,346
2,173
03/18/22
$380
$190
3109860 17718 W 95th AVE
Arvada
4
3
3,002
4,398
3,002
03/30/22
$293
4627619 17357 W 95th AVE
Arvada
3
4
2,683
5,353
2,683
04/29/22
$345
Averages:
2,852
4,568
2,852
$297
Count: 6
Closed Price:
Report Totals
Presented By: Alex Swords Generated on: 05/05/2022
Count : 7
Averages:
High $926,000
SqFt Abv 2,769
SqFt Ttl 4,565
List Price Close Price
CP/OLP
16
750,000
$750,000 $760,000
101%
$246
4
775,000
$775,000 $775,000
100%
$259
3
799,000
$799,000 $815,000
102%
$380
5
789,000
$789,000 $825,000
105%
$200
$293
9
899,000
$899,000 $880,000
98%
$173
$345
$890,000 $926,000
104%
$183
$297
4 7
890,000 $817,000
$817,000 $830,167
102%
Orig Price $812,429
List Price Close Price $812,429 $830,167
CP/OLP 102 %
Low $760,000 Sqft Fin 2,769
PSF Abv $ 304
PSF Fin DIM Orig Price
Median $820,000 PSF Ttl
$181
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $304
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%
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+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
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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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