at Keller Williams Integrity
MarkComparativeetAnalysis 8841 Ithaca Way, Westminster, Colorado 80031 Song AUGUST 13, 2022 Scott Brasfield The Bartic Group at Keller Williams Integrity
Contact Me Scott Brasfield The Bartic Group at Keller Williams Integrity 50 S. Steele St. Denver CO 80209 scott@thebar720-520-3113ticgroup.com Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 3
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The Bartic Group is a full service real estate agency in Denver specializing in assisting investors, individuals, and families achieve their real estate goals. Led by industry veteran Brendan Bartic, our team has fostered a culture of partnership and redefined the business of real estate. Our organization of Colorado Realtors share knowledge, spheres of influence, contacts and expertise, ensuring our clients receive better representation and a true competitive edge. As a continuous trend setter in the industry, our Denver real estate agency is ranked in the top 1% of all Keller Williams Teams Internationally. Our team of partners represent buyers, sellers, and investors in all areas of real estate. When selling your home in Colorado, we will work to get you top dollar with minimum time on the market. Our Colorado Realtors have a proven track record of presenting our clients with offers over their asking price in a matter of days! When working with buyers we use our experience and industry relationships to get you the best value possible for your dream home. Our real estate agency in Denver is a team, and we recognize and value the trust our clients place in us and strive every day to exceed their expectations. Brasfield Bartic Group at Keller Williams Integrity scott@thebar720-520-3113ticgroup.com
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott
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The Bartic Group at Keller Williams Integrity
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The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings.
What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful. What is a CMA?
How is the CMA created?
CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice. Brasfield Bartic Group at Keller Williams Integrity
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How accurate are CMAs?
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott
Map of Comparable Listings STATUS: S = CLOSED P = PENDING A = ACTIVE MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 8841 Ithaca Way 3 2.00 9202 2732398 S 9166 Lasalle Place 3 2.00 925 $492,600 3 9761338 S 9211 Knox Court 3 2.00 1,160 $460,000 4 5754402 S 8740 Norwich Street 3 2.00 1,204 $380,000 5 IR968731 S 9126 Hunter Street 3 2.00 1,212 $465,000 6 9623108 S 9056 Fontaine Street 3 2.00 1,080 $350,000 7 4760608 P 3520 Mowry Place 3 2.00 925 $449,900 8 IR971076 P 8531 Concord Lane 3 2.00 858 $464,900 9 7122934 P 3385 W 93rd Avenue 3 2.00 1,244 $450,000 10 8133942 A 8855 Lander Street 3 2.00 920 $471,000 11 6462151 A 3395 W 94th Avenue 3 2.00 1,131 $520,000 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 6
Summary of Comparable Properties S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 9166 Lasalle Place 7/29/22 3 2.00 925 $492,600 $533 9211 Knox Court 8/12/22 3 2.00 1,160 $460,000 $397 8740 Norwich Street 7/26/22 3 2.00 1,204 $380,000 $316 9126 Hunter Street 7/13/22 3 2.00 1,212 $465,000 $384 9056 Fontaine Street 6/10/22 3 2.00 1,080 $350,000 $324 Averages 1,116 $429,520 $390 P PENDING LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 3520 Mowry Place 3 2.00 925 $449,900 $486 8531 Concord Lane 3 2.00 858 $464,900 $542 3385 W 93rd Avenue 3 2.00 1,244 $450,000 $362 Averages 1,009 $454,933 $463 A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 8855 Lander Street 3 2.00 920 $471,000 $512 3395 W 94th Avenue 3 2.00 1,131 $520,000 $460 Averages 1,025 $495,500 $486 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 7
Listings Scott Brasfield The Bartic Group at Keller Williams Integrity
9166 Lasalle Place Westminster, CO 80031 MLS #2732398 $492,600 3 Beds 2.00 Baths 925 Sq. Ft. ($533 / sqft) CLOSED 7/29/22 Year Built 1971 Days on market: 3 Details Prop Type: Single Family Residence County: Adams Subdivision: Shaw Heights Style: Traditional Full baths: 2.0 Lot Size (sqft): 7,200 Garages: 2 List date: 6/24/22 Sold date: 7/29/22 Off-market date: 6/27/22 Updated: Aug 1, 2022 3:16 AM List Price: $460,000 Orig list price: $460,000 Taxes: $1,794 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Mesa Features Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Washer Association Yn: false Basement: Cellar, Finished, Full Below Grade Unfinished Area: 50.0 Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Brick, Frame Cooling: Evaporative Cooling Direction Faces: West Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Electric: 110V, 220 Volts Exterior Features: Private Yard, Rain Gutters Fencing: Full Flooring: Carpet, Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Smoke Free Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1800 Lot Features: Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Patio Road Frontage Type: Public Road Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 9
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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: SUB:SHAW HEIGHTS MESA 7TH FILING BLK:5 LOT:24 Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected Virtual Tour: View Water Source: Public Zoning: R-1-C
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The
Remarks Lovely, move in ready ranch home. This well maintained home features a spacious living room that opens to the kitchen and dining area. There's also lots of natural light from the updated windows on the main level. The bright kitchen has ample countertop and cabinets space, a good sized dining area and tile floor. The main floor bath was remodeled adding a deep tub and tile floors. There's plush carpeting in the living room and beautiful oak hardwood floors in both bedrooms. The fully finished basement features a huge family room with recessed lighting, a home office/flex space area, a full bath with tile floor, and an additional bedroom (non-conforming). You can relax and enjoy summer evenings and BBQ's from the 12' x 35' covered back patio looking out to the large yard. This home also has a front and rear sprinkler system, and an oversized two car attached garage with extra wide driveway for additional parking. Bartic
9166 Lasalle Place Westminster, CO 80031 MLS #2732398 $492,600 3 Beds 2.00 Baths 925 Sq. Ft. ($533 / sqft) CLOSED 7/29/22 Year Built 1971 Days on market: 3 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 11
9211 Knox Court Westminster, CO 80031 MLS #9761338 $460,000 3 Beds 2.00 Baths 1,160 Sq. Ft. ($397 / sqft) CLOSED 8/12/22 Year Built 1959 Days on market: 30 Details Prop Type: Single Family Residence County: Adams Subdivision: Sunset Ridge Style: Mid-Century Modern Full baths: 2.0 Lot Size (sqft): 6,600 Garages: 1 List date: 6/3/22 Sold date: 8/12/22 Off-market date: 7/7/22 Updated: Aug 12, 2022 11:12 AM List Price: $459,900 Orig list price: $535,000 Taxes: $2,434 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Sunset Ridge Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Refrigerator, Sump Pump, Washer Association Yn: false Basement: Finished, Sump Pump Below Grade Unfinished Area: 90.0 Building Area Source: Public Records Concessions: No Construction Materials: Brick, Frame Cooling: Air ConditioningRoom Direction Faces: East Electric: 110V Fencing: Full Fireplace Features: Electric, Pellet Stove Fireplaces Total: 2 Flooring: Carpet, Vinyl Heating: Baseboard Interior Features: Solid Surface Counters Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1970 Main Level Bathrooms: 1 Main Level Bedrooms: 3 Parking Features: Concrete Parking Total: 1 Patio And Porch: Front Porch, Patio 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), Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: House Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 12
Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:9 LOT:17 Tax Year: 2021 Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Remarks Cute Mid Mod 1950s brick ranch can be yours! Close to everything you might need in this great neighborhood. Updated kitchen, LVT floor in main floor, newer vinyl windows upstairs, and outdoor arbor in this 3 bed 2 ba with additional possible non-conforming room downstairs. Enjoy all three living spaces complete with enclosed sun room complete with a real working pellet stove fireplace. Private back yard with Pergola on patio is fabulous for those summer evenings outside and backyard also has a shed for your toys and or yard tools. No showings Thursday June 30th. Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 13
9211 Knox Court Westminster, CO 80031 MLS #9761338 $460,000 3 Beds 2.00 Baths 1,160 Sq. Ft. ($397 / sqft) CLOSED 8/12/22 Year Built 1959 Days on market: 30 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 14
8740 Norwich Street Westminster, CO 80031 MLS #5754402 $380,000 3 Beds 2.00 Baths 1,204 Sq. Ft. ($316 / sqft) CLOSED 7/26/22 Year Built 1959 Days on market: 10 Details Prop Type: Single Family Residence County: Adams Subdivision: Shaw Heights Full baths: 1.0 Half baths: 1.0 Lot Size (sqft): 7,735 Garages: 1 List date: 6/29/22 Sold date: 7/26/22 Off-market date: 7/17/22 Updated: Jul 27, 2022 10:45 AM List Price: $399,999 Orig list price: $450,000 Taxes: $2,200 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Flynn Features Appliances: Cooktop, Disposal, Oven, Refrigerator Association Yn: false Basement: Unfinished Below Grade Unfinished Area: 1204.0 Concessions: No Construction Materials: Frame Cooling: Evaporative Cooling Exterior Features: Private Yard Fireplace Features: Living Room Fireplaces Total: 1 Heating: Forced Air Levels: One Listing Terms: Cash, Conventional Living Area Total: 1204 Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Total: 1 Patio And Porch: Front Porch Property Condition: Fixer Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:SHAW HEIGHTS FOURTH FILING BLK:14A DESC: S 35 FT OF LOT 6 AND N 30 FT OF LOT 7 Tax Year: 2021 Zoning: R-1-C Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 15
Remarks Buy This Home & We'll Buy Yours!* Welcome to 8740 Norwich Street in the Charming Shaw Heights Community. This 3 Bed 2 Bath Home is Ready for you to Put your Own Personal Touch on it. Put your Sweat Equity into this Home to Enjoy an Immediate Return on Investment! A Special Bonus Awaits Outside in the Large Yard w/ Mature Trees. Just Minutes from The Shops At Walnut Creek. *Conditions Apply Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 16
8740 Norwich Street Westminster, CO 80031 MLS #5754402 $380,000 3 Beds 2.00 Baths 1,204 Sq. Ft. ($316 / sqft) CLOSED 7/26/22 Year Built 1959 Days on market: 10 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 17
9126 Hunter Street Westminster, CO 80031 MLS #IR968731 $465,000 3 Beds 2.00 Baths 1,212 Sq. Ft. ($384 / sqft) CLOSED 7/13/22 Year Built 1970 Days on market: 5 Details Prop Type: Single Family Residence County: Adams Subdivision: Shaw Heights Style: Cottage Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 7,592 List date: 6/17/22 Sold date: 7/13/22 Off-market date: 7/13/22 Updated: Jul 14, 2022 5:40 AM List Price: $465,000 Orig list price: $465,000 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Mesa Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Yn: false Building Area Source: Assessor Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 300 Construction Materials: Wood Frame Cooling: Evaporative Cooling Fencing: Fenced Heating: Forced Air Interior Features: Eat-in Kitchen, Open Floorplan Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional Living Area Total: 2148 Lot Features: Level, Sprinklers In Front Main Level Bathrooms: 1 Main Level Bedrooms: 3 Parking Total: 2 Patio And Porch: Patio Possible Use: Residential Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 6, BLOCK 2, SHAW HEIGHTS MESA 4TH FILING Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available Water Source: Public Window Features: Bay Window(s), Window Coverings Zoning: RES Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 18
Remarks Seller motivated. Great Ranch in Shaw Heights on quiet street! Live in as is or add equity w/ Great potential. Already done: NEWER Roof, upgraded electrical, newer windows. New Paint and Wood Floors in the large living room. Large master BR. Enjoy the sunroom off the spacious kitchen overlooking the fully fenced private back yard. Fully finished bsmt has NEW carpet, large rec room, 3/4 ba., laundry room, bonus rooms and abundant storage. Conveniently located Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 19
9126 Hunter Street Westminster, CO 80031 MLS #IR968731 $465,000 3 Beds 2.00 Baths 1,212 Sq. Ft. ($384 / sqft) CLOSED 7/13/22 Year Built 1970 Days on market: 5 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 20
9056 Fontaine Street Federal Heights, CO 80260 MLS #9623108 $350,000 3 Beds 2.00 Baths 1,080 Sq. Ft. ($324 / sqft) CLOSED 6/10/22 Details Prop Type: Single Family Residence County: Adams Lot Size (sqft): 4,800 Garages: 2 Off-market date: 6/10/22 Updated: Jun 14, 2022 8:34 PM List Price: $345,000 Orig list price: $345,000 Taxes: $2,259 Features Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 3000 Living Area Total: 1080 Parking Total: 4 Structure Type: Manufactured House Tax Legal Description: SUB:1983 REVISED MONTICELLO 1971-A BLK:2 LOT:37 Tax Year: 2021 Remarks Listed for Statistical Purposes. Sold off market. Photo not available Photo not available Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 21
3520 Mowry Place Westminster, CO 80031 MLS #4760608 $449,900 3 Beds 2.00 Baths 925 Sq. Ft. ($486 / sqft) PENDING 7/25/22 Year Built 1971 Days on market: 19 Details Prop Type: Single Family Residence County: Adams Subdivision: Sunset Ridge Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 6,534 Garages: 1 List date: 7/6/22 Pending date: 7/25/22 Off-market date: 7/25/22 Updated: Aug 9, 2022 7:18 AM List Price: $449,900 Orig list price: $470,000 Taxes: $2,350 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Sunset Ridge Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer Association Yn: false Basement: Finished, Full Building Area Source: Public Records Construction Materials: Brick, Frame, Wood Siding Cooling: Evaporative Cooling Distance To Bus Numeric: 1 Distance To Bus Units: Miles Exterior Features: Garden Fencing: Full Flooring: Carpet, Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Radon Mitigation System, Tile Counters Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1850 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete, Storage Parking Total: 3 Patio And Porch: Patio Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:MOR RIDGE SUBD BLK:1 LOT:11 Tax Year: 2021 Virtual Tour: View Water Source: Public Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 22
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 23
Remarks With the recent $15,000 price reduction this lovely ranch-style Westminster home offers the most space inside and out in the area at this price point while also leaving room for you to make changes (or add a fourth bedroom) to truly make this home your own! On the main level you will find a large living room and two bedrooms with hardwood floors throughout, a full bathroom, and an eat-in-kitchen (oven, microwave, and dishwasher all new in 2019). From the kitchen, you can access the backyard, which includes several well-maintained gardens and two mature apple trees, and you also have access to the oversized one-car garage. The basement has a large living area the full length of the home that could easily be divided to add a fourth bedroom or dedicated office space. The basement also includes one non-conforming bedroom (no egress window) and a full bathroom that also includes the laundry area and a storage space. The backyard features a patio, several beautiful flower gardens and vegetable garden areas, a young goji berry bush, a large shed, and lots of room to play! From the home you can walk to the park, aquatic center, and the elementary school and have easy access to either HWY 36 or I25.
3520 Mowry Place Westminster, CO 80031 MLS #4760608 $449,900 3 Beds 2.00 Baths 925 Sq. Ft. ($486 / sqft) PENDING 7/25/22 Year Built 1971 Days on market: 19 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 24
8531 Concord Lane Westminster, CO 80031 MLS #IR971076 $464,900 3 Beds 2.00 Baths 858 Sq. Ft. ($542 / sqft) PENDING 8/5/22 Year Built 1954 Days on market: 24 Details Prop Type: Single Family Residence County: Adams Subdivision: Shaw Heights Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 6,600 Garages: 1 List date: 7/14/22 Pending date: 8/5/22 Off-market date: 8/5/22 Updated: Aug 6, 2022 2:40 AM List Price: $464,900 Orig list price: $464,900 Taxes: $2,514 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Mesa Features Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Yn: false Basement: Full Below Grade Unfinished Area: 128.0 Building Area Source: Assessor Construction Materials: Brick Cooling: Ceiling Fan(s), Evaporative Cooling Direction Faces: East Fencing: Fenced Flooring: Wood Foundation Details: Slab Heating: Forced Air Interior Features: Eat-in Kitchen, Radon Mitigation System Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1588 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 1 Possible Use: Residential Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:SHAW HEIGHTS BLKS 5, 6, 7, 8, 9, 10, 11, AND A PORT OF 20 DESC: BLK 7 LOT:4 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available Virtual Tour: View Water Source: Public Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 25
Window Features: Double Pane Windows Zoning: RES Remarks Cute as a button! This Shaw Heights brick ranch will delight you with its updated kitchen & baths, wood floors, finished basement & large private yard. Add in the attached 1-car garage & you've got everything you need. From the light, bright living room, spacious kitchen, 2 beds and bath on the main level, to the massive family room in the basement, along with a conforming bedroom & 3/4 bath, there's room for everyone. Large laundry area w/laundry tub & storage area complete the basement. Super convenient to I-25 and US 36, Westminster City Center, Hyland Hills Golf Course, mini golf, parks, schools, not to mention shopping, entertainment & dining. Move in & start living your best life! Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 26
8531 Concord Lane Westminster, CO 80031 MLS #IR971076 $464,900 3 Beds 2.00 Baths 858 Sq. Ft. ($542 / sqft) PENDING 8/5/22 Year Built 1954 Days on market: 24 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 27
3385 W 93rd Avenue Westminster, CO 80031 MLS #7122934 $450,000 3 Beds 2.00 Baths 1,244 Sq. Ft. ($362 / sqft) PENDING 8/10/22 Year Built 1969 Days on market: 14 Details Prop Type: Single Family Residence County: Adams Subdivision: Shaw Heights Style: Traditional Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 6,600 Garages: 2 List date: 7/22/22 Pending date: 8/10/22 Off-market date: 8/10/22 Updated: Aug 10, 2022 5:05 AM List Price: $450,000 Orig list price: $495,000 Taxes: $2,308 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Mesa Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Finished, Full Building Area Source: Appraiser Construction Materials: Frame Cooling: Evaporative Cooling Direction Faces: South Fencing: Partial Flooring: Carpet, Laminate, Tile Furnished: Unfurnished Heating: Forced Air Interior Features: Ceiling Fan(s), Laminate Counters Levels: One Listing Terms: 1031 Exchange, Cash, Conventional Living Area Total: 2169 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete, Oversized Parking Total: 2 Patio And Porch: Front Porch Roof: Composition Security Features: Carbon Monoxide Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:10 LOT:22 Tax Year: 2021 Water Source: Public Window Features: Bay Window(s), Double Pane Windows Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 28
Remarks This home has a lot of the work done and is just looking for someone to finish it to their liking. Plank flooring, hardwood flooring, and tile are featured through out the home, easy to keep clean. This home has something for everyone a large open sunroom off of the kitchen. Huge two car detached garage plus a shed for storage. Two bedrooms and full bath upstairs with living area, kitchen and sun room. Basement features a bedroom with ensuite bath as well as a living room and a bonus room. Easy access to Hwy 36 that will take you to either Denver or Boulder in about 15- 20 minutes. This price has been reduced to reflect the work that needs to be completed and this will be an as is sale. Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 29
3385 W 93rd Avenue Westminster, CO 80031 MLS #7122934 $450,000 3 Beds 2.00 Baths 1,244 Sq. Ft. ($362 / sqft) PENDING 8/10/22 Year Built 1969 Days on market: 14 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 30
8855 Lander Street Westminster, CO 80031 MLS #8133942 $471,000 3 Beds 2.00 Baths 920 Sq. Ft. ($512 / sqft) ACTIVE 7/16/22 Year Built 1964 Days on market: 23 Details Prop Type: Single Family Residence County: Adams Subdivision: SHAW HEIGHTS MESA THIRD FILING Full baths: 2.0 Lot Size (sqft): 7,776 List date: 7/16/22 Updated: Aug 7, 2022 8:17 PM List Price: $471,000 Orig list price: $486,000 Taxes: $2,970 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Mesa Features Appliances: Dishwasher, Oven Association Yn: false Basement: Finished, Partial Below Grade Unfinished Area: 230.0 Construction Materials: Brick, Frame Cooling: Central Air, None Heating: Forced Air, Natural Gas Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1610 Main Level Bathrooms: 1 Main Level Bedrooms: 3 Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:SHAW HEIGHTS MESA THIRD FILING BLK:29A LOT:6 Tax Year: 2021 Utilities: Electricity Available, Natural Gas Available Zoning: R-1-C Remarks Come see this charming 3 bedroom, 2 bathroom home now on the market! The kitchen boasts generous counter space Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 31
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 32
making cooking and entertaining a delight. Discover a bright interior with neutral tile floors and plush carpet in all the right places. The main bedroom boasts a private ensuite with dual sinks and walk-in closet. Other bedrooms offer plush carpet, ceiling fans, and sizable closets. Lush landscape surrounds this beautiful house. Hurry, this wont last long!
8855 Lander Street Westminster, CO 80031 MLS #8133942 $471,000 3 Beds 2.00 Baths 920 Sq. Ft. ($512 / sqft) ACTIVE 7/16/22 Year Built 1964 Days on market: 23 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 33
3395 W 94th Avenue Westminster, CO 80031 MLS #6462151 $520,000 3 Beds 2.00 Baths 1,131 Sq. Ft. ($460 / sqft) ACTIVE 5/13/22 Year Built 1963 Days on market: 70 Details Prop Type: Single Family Residence County: Adams Subdivision: SUNSET RIDGE Full baths: 2.0 Lot Size (sqft): 7,150 Garages: 1 List date: 5/13/22 Updated: Aug 9, 2022 6:42 AM List Price: $520,000 Orig list price: $560,000 Taxes: $2,482 School District: Westminster Public Schools High: Westminster Middle: Shaw Heights Elementary: Sunset Ridge Features Appliances: Dishwasher, Oven Association Yn: false Basement: Finished Construction Materials: Brick, Frame Cooling: Central Air Heating: Forced Air, Natural Gas Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 2262 Main Level Bathrooms: 1 Main Level Bedrooms: 3 Parking Total: 1 Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:11 LOT:12 Tax Year: 2021 Utilities: Electricity Available Remarks This Westminster one-story home offers a one-car garage. This home has been virtually staged to illustrate its potential. Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 34
3395 W 94th Avenue Westminster, CO 80031 MLS #6462151 $520,000 3 Beds 2.00 Baths 1,131 Sq. Ft. ($460 / sqft) ACTIVE 5/13/22 Year Built 1963 Days on market: 70 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 35
Analysis Scott Brasfield The Bartic Group at Keller Williams Integrity
Comparable Property Statistics S 5 Sold Listings P 3 Pending Listings A 2 Active Listings LOWEST $350,000 AVERAGE $429,520 HIGH $492,600 AVG PRICE / SQFT $390 AVG DOM 12 LOWEST $449,900 AVERAGE $454,933 HIGH $464,900 AVG PRICE / SQFT $463 AVG DOM 19 LOWEST $471,000 AVERAGE $495,500 HIGH $520,000 AVG PRICE / SQFT $486 AVG DOM 46 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 37
Sold Property Analysis Averages 100.8% Homes sold for an average of 100.8% of their list price. 12 Days on market It took an average of 12 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 9166 Lasalle Place $460,000 $492,600 107.09% 3 $533 9211 Knox Court $535,000 $460,000 85.98% 30 $397 8740 Norwich Street $450,000 $380,000 84.44% 10 $316 9126 Hunter Street $465,000 $465,000 100.00% 5 $384 9056 Fontaine Street $345,000 $350,000 101.45% $324 Averages $451,000 $429,520 95.24% 12 $390 Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 38
Suggested List Price Analysis of the comparable properties suggests a list price of: $450,000 $489 / sqft Comparable Averages per Status S 5 Sold $429,520 $390 / sqft 12 Days on Market P 3 Pending $454,933 $463 / sqft $454,933 $463 / sqft 19 Days on Market A 2 Active $495,500 $486 / sqft 46 Days on Market Disclaimer The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on theComparmarket.ative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 39
Intelligent Pricing and Timing
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 40
Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031 Scott
Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake.
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 biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area.
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. Brasfield
• Fair market value attracts buyers, overpricing never does.
• The first two weeks of marketing are crucial.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
• The market never lies, but it can change its mind.
Cell:
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, full description and photos 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 either 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.
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Comparative Market Analysis 8841 Ithaca Way, Westminster, Colorado 80031
Scott Brasfield Bartic Group at Keller Williams Integrity scott@thebar720-520-3113ticgroup.com
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.
The
Intelligent Pricing and Timing
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