25870 E Byers Pl by Brendan Bartic

at Keller Williams Integrity

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Nukra Abdulloeva JULY 27, 2022

John Taylor The Bartic Group

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Online Valuation Analysis How accurate are Zestimates?

8.0%

$36,600

Zestimates varied up to 8.0% or $36,600 compared to actual MLS prices.

1 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

$480,000

$490,004

2.1%

PRICE

ZESTIMATE

DIFFERENCE

$495,900

$496,300

0.1%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

207 S Newbern Court

3/18/22

$521,000

$534,700

2.6%

212 S Newbern Way

2/24/22

$495,000

$511,800

3.4%

3/9/22

$509,127

$512,000

0.6%

211 S Old Hammer Court

2/18/22

$459,000

$495,600

8.0%

26177 E Byers Place

4/6/22

$500,000

$489,500

-2.1%

203 S Old Hammer Court

5/26/22

$511,500

$517,000

1.1%

207 S Newbern Court

3/18/22

$521,000

$534,700

2.6%

230 S Oak Hill Street

3/25/22

$515,000

$527,300

2.4%

215 S Oak Hill Street

3/7/22

$480,000

$493,600

2.8%

26238 E Maple Drive

1 Pending

ADDRESS

25800 E Byers Place

9 Sold

ADDRESS

227 S Newbern Court

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Source: Zillow

John Taylor The Bartic Group Cell: 3039156054

25870 E Byers Pl, Aurora, CO 80018-1712, Arapahoe County APN: 1977-08-4-15-018

CLIP: 8342977440

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

MLS Sale Price $235,000

MLS Sq Ft 1,439

Lot Sq Ft 6,380

Yr Built 2011

Type SFR

MLS Sale Date 08/28/2014

OWNER INFORMATION

Owner Name

Abdulloeva Nukra

Owner Name 2

Mailing ZIP 4

1712

Mailing Carrier Route

R103 Yes

Mailing Address

25870 E Byers Pl

Owner Occupied

Mailing City & State

Aurora, CO

DMA No Mail Flag

Mailing Zip

80018

LOCATION INFORMATION

Property Zip

80018

Location Influence

Property Zip4

1712

Topography

Property Carrier Route

R103

Neighborhood Code

School District

Adams-Arapahoe 28j

Neighborhood Name (OnBoard)

Elementary School

Vista Peak

Traffic

Middle School

Vista Peak

Township

04S

High School

Vista Peak

Range

65W

Subdivision

Adonea Sub 2nd Flg

Section

Quarter

Block

Lot

1465

Zoning Census Tract

71.10

Condo Floor

Adonea Sub 1st &2nd Flg Adonea0011

TAX INFORMATION

1977-08-4-15-018

Tax District

Alternate PIN

034670025

Tax Appraisal Area

Schedule Number

197708415018

Homestead Percent

% Improved

67%

Legal Description

LOT 18 BLK 15 ADONEA SUB 2ND FLG

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$109,800

$122,000

Market Value - Improved

$225,300

$219,400

Market Value - Total

$335,100

$341,400

Assessed Value - Land

$7,851

$8,723

Assessed Value - Improved

$16,109

$15,687

Assessed Value - Total

$23,960

$24,410

YOY Assessed Change (%)

-1.84%

YOY Assessed Change ($)

-$450

Tax Year

Total Tax

Change ($)

Change (%)

2019

$4,341

2020

$4,282

-$60

-1.37%

2021

$3,686

-$595

-13.9%

CHARACTERISTICS

Lot Frontage

Baths - Full

Tax: 3 MLS: 2

Lot Depth

Baths - Half

MLS: 1

Lot Acres

0.1465

Other Rooms

Lot Sq Ft

6,380

Stories

Lot Shape

Fireplace

Land Use - County

Single Family Resid

Fireplaces

Land Use - CoreLogic

SFR

Cooling Type

Central

Building Type

Single Family

Heat Fuel Type

Gas

Heat Type

Forced Air

Style Year Built

2011

Patio Type

Patio/Terrace

Bldg Sq Ft - Above Ground

1,439

Garage Type

Attached Garage

Property Details

Courtesy of John Taylor, 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: 07/27/22 Page 1/3

Bldg Sq Ft - Basement

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished Basement

Garage Sq Ft

480

Bldg Sq Ft - Unfinished Basement

Roof Material

Bldg Sq Ft - Total

Construction

Bldg Sq Ft - Finished

1,439

Exterior

Bldg Sq Ft - 1st Floor

644

Floor Cover

Bldg Sq Ft - 2nd Floor

795

Foundation

Basement Type

Wood Siding Concrete

Pool

# Units

Pool Size

# Buildings

Water

Total Rooms

Sewer

Bedrooms

Quality

Baths - Total

Other Impvs

MLS Total Baths

Equipment

Good

FEATURES

Feature Type

Size/Qty

Covered Porch

First Floor

644

Attached Garage

480

Patio Slab Or Terrace

437

Second Floor

795

Building Description

Building Size

LISTING INFORMATION

MLS Listing Id

4771616

MLS Listing Contract Date

MLS Days On Market

MLS Pending Date

07/16/2014

MLS Source

REcolorado

MLS Close Date

08/28/2014

MLS Status

Closed

MLS List Office Name

COLDWELL BANKER RESIDENTIA L 18

MLS Status Change Date

08/29/2014

MLS List Agent Full Name

007170-Illona Gerlock

MLS Current Price

$240,000

MLS Buyer Agent Full Name

033191-Crystal Boyer

MLS Original List Price

$240,000

MLS Buyer Office Name

8Z THE ZAK GROUP

MLS Close Price

$235,000

MLS Listing # MLS Source History MLS Status MLS Listing Cancellation Date MLS Listing Price MLS Orig Listing Price MLS Listing Close Price MLS Listing Date MLS Close Date MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY

Sale Date

08/28/2014

Deed Type

Warranty Deed

Sale Price

$235,000

Owner Name

Abdulloeva Nukra

Price per SqFt - Finished

$163.31

Owner Name 2

Document Number

D4080888

Seller

Cattabiani Shirley A Trust

Sale Type Sale Date

08/28/2014

01/26/2012

Sale Price

$235,000

$176,500

Abdulloeva Nukra

Cattabiani Shirley A Trust

Seller

Cattabiani Shirley A Trust

Lennar Colorado LLC

Document Number

D4080888

D2011899

Document Type

Warranty Deed

Special Warranty Deed

Title Company

Guardian Title Co.

North American Title

Nominal Buyer Buyer

Multi/Split Sale Type

Property Details

Courtesy of John Taylor, REcolorado

Generated on: 07/27/22 Page 2/3

MORTGAGE HISTORY

Mortgage Date

02/08/2021

12/03/2020

09/02/2014

Mortgage Amount

$200,000

$203,000

$222,850

Mortgage Lender

Spring Eq LLC

Guaranty Tr Co

Borrower

Abdulloeva Nukra

Mortgage Type

Conventional

Mortgage Purpose

Refi

Resale

Mortgage Term

Years

Borrower

Mortgage Int Rate Mortgage Int Rate Type

Title Company FORECLOSURE HISTORY

Document Type Default Date Foreclosure Filing Date Recording Date Document Number Book Number Page Number Default Amount Final Judgment Amount Original Doc Date Original Document Number Original Book Page Lien Type PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of John Taylor, REcolorado

Generated on: 07/27/22 Page 3/3

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

BEDS

BATHS

25870 E Byers Pl

P = PENDING

S = CLOSED

SQFT

PRICE

3.00

1,439

Subject

6177510

26238 E Maple Drive

3.00

1,438

$480,000

8569184

25800 E Byers Place

3.00

1,460

$495,900

7774504

207 S Newbern Court

3.00

1,365

$521,000

3225483

212 S Newbern Way

3.00

1,439

$495,000

9045287

227 S Newbern Court

3.00

1,365

$509,127

1707721

211 S Old Hammer Court

3.00

1,443

$459,000

7974403

26177 E Byers Place

3.00

1,422

$500,000

4885553

203 S Old Hammer Court

3.00

1,438

$511,500

IR957711

207 S Newbern Court

3.00

1,365

$521,000

3709601

230 S Oak Hill Street

3.00

1,447

$515,000

6199606

215 S Oak Hill Street

3.00

1,460

$480,000

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

26238 E Maple Drive

Aurora, CO 80018

$480,000 ACTIVE

2 Beds 3.00 Baths Year Built 2018

7/7/22

MLS #6177510 1,438 Sq. Ft. ($334 / sqft) Days on market: 18

Details Prop Type: Single Family Residence

Half baths: 1.0

List Price: $480,000

High: Vista Peak

Lot Size (sqft): 3,439

Orig list price: $500,000

Middle: Vista Peak

County: Arapahoe

Garages: 2

Assoc Fee: $250

Elementary: Vista Peak

Subdivision: Adonea

List date: 7/7/22

Taxes: $4,014

Style: Traditional

Updated: Jul 25, 2022 5:09 AM

School District: AdamsArapahoe 28J

Association Name: Adonea HOA MSI

Cooling: Air Conditioning-Room

Furnished: Unfurnished

Association Phone: 720-974-4183

Direction Faces: West

Horse Yn: false

Electric: 220 Volts

Association Yn: true

Exterior Features: Private Yard

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s)

Full baths: 2.0

Features Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Clubhouse, Playground, Pool Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds, Road Maintenance, Snow Removal, Trash

Basement: Crawl Space Builder Name: Oakwood Homes, LLC Building Area Source: Public Records Construction Materials: Vinyl Siding

Fencing: Full Fireplace Features: Family Room Fireplaces Total: 1 Flooring: Carpet, Laminate, Tile

Heating: Forced Air

Laundry Features: In Unit Levels: Two

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Patio And Porch: Front Porch, Patio

Living Area Total: 1438

Property Condition: Updated/Remodeled

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell

Main Level Bathrooms: 1

Road Frontage Type: Public Road

Senior Community Yn: false

Utilities: Electricity Connected, Natural Gas Connected, Phone Connected

Parking Features: Concrete, Oversized

Road Responsibility: Public Maintained Road

Sewer: Public Sewer

Virtual Tour: View

Structure Type: House

Water Source: Public

Parking Total: 2

Road Surface Type: Paved

Lot Features: Cul-De-Sac, Sprinklers In Rear

Pets Allowed: Cats OK, Dogs OK

Roof: Composition

Tax Legal Description: LOT 5 BLK 4 ADONEA SUB FLG NO 6 EX M/R'S Tax Year: 2021

Window Features: Double Pane Windows

Remarks **Big price Reduction! Large loft can easily be converted to 3rd bedroom!** Come see this near-new home in Aurora's Adonea neighborhood with its phenomenal community amenities and convenient location. This home was built in 2018 and you can see the pride in ownership with how well it has been maintained by the owner. Excellent floor plan with 2 bedrooms in the upper level, a loft that could easily be converted to a 3rd bedroom and upstairs laundry room with washer & dryer included. Enjoy the many upgrades the home offers like modern kitchen, large kitchen island, gas line connection for BBQ grill in backyard, ceiling fans throughout, cozy fireplace and much more. The large lot offers a great backyard layout plus the privacy that a cul-de-sac affords. The HOA covers trash, recycling, front driveway shoveling plus access to the many parks and community pool. All appliances included! Comps used were: 203 S Hammer Court & 26177 E Byers Place.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

26238 E Maple Drive $480,000 ACTIVE

7/7/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2018

MLS #6177510 1,438 Sq. Ft. ($334 / sqft) Days on market: 18

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

25800 E Byers Place

Aurora, CO 80018

$495,900 PENDING

3 Beds 3.00 Baths Year Built 2011

7/19/22

MLS #8569184 1,460 Sq. Ft. ($340 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 7/19/22

Taxes: $3,659

Lot Size (sqft): 6,380

County: Arapahoe

Garages: 2

Updated: Jul 21, 2022 12:28 PM

School District: AdamsArapahoe 28J

Subdivision: Adonea

List date: 7/14/22

List Price: $495,900

High: Vista Peak

Style: Contemporary

Pending date: 7/19/22

Orig list price: $495,900

Middle: Vista Peak

Assoc Fee: $135

Elementary: Vista Peak

Association Name: MSI

Direction Faces: North

Association Phone: 3034204433

Exterior Features: Private Yard

Listing Terms: Cash, Conventional, FHA, VA Loan

Association Yn: true

Fencing: Full

Living Area Total: 1460

Builder Model: Espresso

Flooring: Carpet, Wood

Builder Name: Lennar

Heating: Forced Air, Natural Gas

Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Clubhouse, Park, Playground, Pool, Trail(s) Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds, Trash

Building Area Source: Public Records Construction Materials: Brick, Frame, Wood Siding Cooling: Central Air

Interior Features: Eat-in Kitchen, Primary Suite, Walk-In Closet(s) Levels: Two

Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Patio

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Road Frontage Type: Public Road

Security Features: Smoke Detector(s)

Road Responsibility: Public Maintained Road

Senior Community Yn: false

Road Surface Type: Paved

Sewer: Public Sewer

Roof: Composition

Structure Type: House

Tax Legal Description: LOT 14 BLK 15 ADONEA SUB 2ND FLG Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings, Window Treatments

View: Mountain(s)

Remarks Incredible opportunity to own beautifully maintained 3 bedroom 3 bathroom home in desirable Adonea neighborhood. Open the front door to a welcoming living room with dark manufactured wood floors carried throughout main level of home. Spacious kitchen with views of serene backyard and lots of natural light. The beautiful large backyard features views of Pikes Peak, a 100 sqft storage shed, and newly installed gazebo ready for quiet enjoyment or entertaining. Large bedrooms all on top floor with L-shaped walk-in closet in primary bedroom. This home has been well cared for - new washer/dryer, new kitchen disposal, new water heater, new garage door opener, recently cleaned air ducts, a sump pump added to the crawl space, and professionally maintained sprinkler system. Adonea residents enjoy numerous neighborhood parks, community pool and splash pad, and clubhouse. They also have tons of fun community events throughout the year including but not limited to: movies in the park, food truck Friday, pool parties, and big events for numerous holiday seasons such as egg hunts, visits with Santa, fall festival, etc. Don't miss your chance at affordable in Adonea!

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25800 E Byers Place $495,900 PENDING

7/19/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2011

MLS #8569184 1,460 Sq. Ft. ($340 / sqft) Days on market: 5

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

207 S Newbern Court

Aurora, CO 80018

$521,000 CLOSED

3 Beds 3.00 Baths Year Built 2013

3/18/22

MLS #7774504 1,365 Sq. Ft. ($382 / sqft) Days on market: 13

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,405 Garages: 2

Updated: Mar 18, 2022 10:29 AM

School District: AdamsArapahoe 28J

County: Arapahoe

List date: 1/20/22

List Price: $490,000

High: Vista Peak

Subdivision: Adonea

Sold date: 3/18/22

Orig list price: $475,000

Middle: Vista Peak

Full baths: 2.0

Off-market date: 2/24/22

Assoc Fee: $135

Elementary: Vista Peak

Half baths: 1.0

Taxes: $4,198

Features Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer

Association Phone: 303-390-1222

Fencing: Full Heating: Forced Air

Patio And Porch: Covered, Front Porch

Association Yn: true

Levels: Two

Roof: Composition

Builder Name: Lennar Building Area Source: Public Records

Listing Terms: Cash, Conventional, FHA, VA Loan

Senior Community Yn: false

Concessions: No

Living Area Total: 1365

Structure Type: House

Association Fee Includes: Maintenance Grounds, Trash

Construction Materials: Frame

Main Level Bathrooms: 1 Parking Features: Concrete

Tax Legal Description: LOT 4 BLK 5 ADONEA SUB 2ND FLG

Association Name: Adonea Metro District

Exterior Features: Private Yard

Parking Total: 2

Tax Year: 2020

Association Amenities: Clubhouse, Pool Association Fee Frequency: Quarterly

Cooling: Central Air

Sewer: Public Sewer

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

Utilities: Cable Available, Electricity Connected, Phone Available

25870 East Byers Place, Aurora, Colorado 80018

View: Mountain(s) Water Source: Public

Remarks Come call this beautiful well maintained 3 bedroom 3 bath home. This house offers a spacious and open floorplan with fresh paint. From the large family room walk into your eat-in kitchen with Corian countertops, hardwood floors, upgraded cabinets, full stainless steel appliances, and spacious dining nook. Upstairs you'll find your master suite and 2 additional bedrooms. The backyard is perfect for entertaining guests on the huge custom paver patio with custom seat wall, as well as mountain views.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

207 S Newbern Court $521,000 CLOSED

3/18/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2013

MLS #7774504 1,365 Sq. Ft. ($382 / sqft) Days on market: 13

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

212 S Newbern Way

Aurora, CO 80018

$495,000 CLOSED

3 Beds 3.00 Baths Year Built 2013

2/24/22

MLS #3225483 1,439 Sq. Ft. ($344 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 1/24/22

Taxes: $4,279

Lot Size (sqft): 7,562

County: Arapahoe

Garages: 2

Updated: Feb 25, 2022 6:09 AM

School District: AdamsArapahoe 28J

Subdivision: Adonea

List date: 1/19/22

List Price: $470,000

High: Vista Peak

Style: Contemporary

Sold date: 2/24/22

Orig list price: $470,000

Middle: Vista Peak

Assoc Fee: $135

Elementary: Vista Peak

Association Name: MSIAdonea Metropolitan District No. 2

Direction Faces: West

Association Phone: (303) 420-4433

Fencing: Full

Interior Features: High Ceilings, Master Suite, Open Floorplan, Pantry, Smoke Free, Walk-In Closet(s), Wired for Data

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator Association Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Tennis Court(s), Trail(s) Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds, Recycling, Trash

Association Yn: true Basement: Crawl Space Building Area Source: Public Records Concessions: No Construction Materials: Brick, Frame Cooling: Central Air

Exterior Features: Playground, Private Yard Flooring: Carpet, Laminate, Tile Foundation Details: Structural Heating: Forced Air, Natural Gas

Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1439 Lot Features: Sprinklers In Front, Sprinklers In Rear

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

Main Level Bathrooms: 1 Parking Features: Concrete, Dry Walled, Lighted, Smart Garage Door Parking Total: 2 Patio And Porch: Front Porch, Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road

25870 East Byers Place, Aurora, Colorado 80018

Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: House

Tax Legal Description: LOT 13 BLK 5 ADONEA SUB 2ND FLG Tax Year: 2020 Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: SFR

View: City, Mountain(s), Plains

Remarks Youve found it! Gorgeous 3 bed/3 bath home across from the park in one of the most sought out neighborhoods in Aurora, what more could you want? This welcoming, open floor plan offers an abundance of natural light, rich wood laminate floors throughout the main floor, tons of storage and amenities galore! Watch the sunset & greet your friendly neighbors from your charming front porch~Enter into the spacious living room that flows to the sunny kitchen and dining room~Kitchen offers a large pantry, abundant maple shaker style cabinets, all appliances and a bonus over the sink window for daydreaming while youre supposed to be doing dishes! :) Dining room opens to a fully enclosed laundry/wet room with interior garage entrance and convenient main floor bath. Upstairs the master suite features an immense walk-in closet and a beautiful en-suite bath that includes dual vanity sinks and shower with custom paint. The additional oversized bedrooms are both home to large closets and share a full bathroom with tons of storage. Throw a party and show off your custom stamped concrete patio while enjoying your private, fully landscaped/fenced yard. Tesla solar panels are paid in full and transfer with the property! Excellent community amenities including pool, playground, volleyball, and basketball courts, parks and trails & tons of fun events hosted by the HOA! Perfect location-quick access to DIA, Southlands, Buckley ANG base, and I-70.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

212 S Newbern Way $495,000 CLOSED

2/24/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2013

MLS #3225483 1,439 Sq. Ft. ($344 / sqft) Days on market: 5

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

227 S Newbern Court

Aurora, CO 80018

$509,127 CLOSED

3 Beds 3.00 Baths Year Built 2013

3/9/22

MLS #9045287 1,365 Sq. Ft. ($373 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,562 Garages: 2

Updated: Mar 10, 2022 1:50 AM

School District: AdamsArapahoe 28J

County: Arapahoe

List date: 2/2/22

List Price: $485,000

High: Vista Peak

Subdivision: Adonea

Sold date: 3/9/22

Orig list price: $485,000

Middle: Vista Peak

Full baths: 2.0

Off-market date: 2/7/22

Assoc Fee: $135

Elementary: Vista Peak

Half baths: 1.0

Taxes: $3,870

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Washer

Association Phone: 303-390-1222

Association Amenities: Clubhouse, Pool Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds, Trash Association Name: Adonea Metro District

Fencing: Full

Main Level Bathrooms: 1

Association Yn: true

Flooring: Carpet, Laminate

Parking Features: Floor Coating

Basement: Crawl Space

Heating: Forced Air, Solar

Parking Total: 2

Building Area Source: Public Records

Interior Features: Ceiling Fan(s), Primary Suite, Smart Thermostat, WalkIn Closet(s)

Patio And Porch: Covered, Front Porch, Patio

Concessions: No Construction Materials: Frame, Stone, Wood Siding Cooling: Central Air Exterior Features: Private Yard

Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1365

Roof: Architectural Shingles Security Features: Video Doorbell Senior Community Yn: false

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

Sewer: Public Sewer Structure Type: House

25870 East Byers Place, Aurora, Colorado 80018

Tax Legal Description: LOT 6 BLK 5 ADONEA SUB 2ND FLG

Virtual Tour: View Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Tax Year: 2021

Remarks **OPEN HOUSE** Friday Feb 4th 4pm-7pm AND Saturday Feb 5th 11am-2pm** Delightful 2-story home located in Adonea offering a great community pool and clubhouse, parks, great schools and quiet location. Gorgeous curb-appeal with natural stone, warm earth tones paint and a large covered front porch welcomes you into the bright and spacious family room. The main level includes an open concept kitchen and dining area, separate laundry room and updated powder bath. The oversized 2 car garage has a craftsman style overhead door with windows to let in the light. Access to the large, fully landscaped backyard is off dining area and includes a separate shed, large patio, privacy fence and mature landscaping. The upper level includes a spacious master suite with walk-in closet, double vanity and tub/ shower. 2 generous secondary bedrooms and an additional full bathroom and separate linen closet complete the space. This home is close to Southlands Mall, Aurora Reservoir, DIA, Buckley AFB, E470 and DTC. Great home in a great area. Don't miss seeing this one!

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

227 S Newbern Court $509,127 CLOSED

3/9/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2013

MLS #9045287 1,365 Sq. Ft. ($373 / sqft) Days on market: 5

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

211 S Old Hammer Court $459,000 CLOSED

Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2019

2/18/22

MLS #1707721 1,443 Sq. Ft. ($318 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Lot Size (sqft): 2,951

County: Arapahoe Subdivision: Adonea Sub Filing 6 Full baths: 2.0

Garages: 2

Updated: Apr 4, 2022 5:27 AM

School District: AdamsArapahoe 28J

List date: 1/27/22

List Price: $450,000

High: Vista Peak

Sold date: 2/18/22

Orig list price: $450,000

Middle: Vista Peak

Off-market date: 1/31/22

Assoc Fee: $235

Elementary: Vista Peak

Taxes: $3,542

Half baths: 1.0

Features Association Amenities: Clubhouse, Pool

Building Area Source: Public Records

Listing Terms: Cash, Conventional, FHA, VA Loan

Concessions: No

Living Area Total: 1443

Tax Legal Description: LOT 13 BLK 5 ADONEA SUB FLG NO 6 EX M/R'S

Association Fee Includes: Recycling, Snow Removal, Trash

Construction Materials: Frame, Vinyl Siding

Main Level Bathrooms: 1

Tax Year: 2020

Parking Total: 2

Association Name: Adonea Metro

Cooling: Central Air

Roof: Composition

Electric: 220 Volts Heating: Forced Air

Senior Community Yn: false

Levels: Three Or More

Sewer: Public Sewer

Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Association Fee Frequency: Quarterly

Association Phone: 720-974-4183

Association Yn: true

Structure Type: House

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Remarks Beautiful 3 story home located in the Adonea neighborhood in Aurora. This 2 bedroom, 2 bath home has a 2-car garage, a ROOFTOP PATIO, built-in main floor speakers, and a fenced backyard. Central A/C, a spacious master suite with entry into the private master bathroom and walk-in closet. Loft study is perfect for home office, family room gathering area, or you can convert it into a 3rd bedroom if desired! The upper-level laundry room is super convenient. This home also features professionally maintained front-yard landscaping, snow removal, and a paver stone driveway. Also included with the HOA is clubhouse and pool access. Offers with Post Occupancy Agreements will be preferred.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

211 S Old Hammer Court $459,000 CLOSED

2/18/22

Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2019

MLS #1707721 1,443 Sq. Ft. ($318 / sqft) Days on market: 4

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

26177 E Byers Place

Aurora, CO 80018

$500,000 CLOSED

2 Beds 3.00 Baths Year Built 2018

4/6/22

MLS #7974403 1,422 Sq. Ft. ($352 / sqft) Days on market: 2

Details Prop Type: Single Family Residence

Lot Size (sqft): 3,439 Garages: 2

Updated: Apr 7, 2022 4:47 AM

School District: AdamsArapahoe 28J

County: Arapahoe

List date: 3/17/22

List Price: $485,000

High: Vista Peak

Subdivision: Adonea

Sold date: 4/6/22

Orig list price: $485,000

Middle: Vista Peak

Full baths: 2.0

Off-market date: 3/19/22

Assoc Fee: $235

Elementary: Vista Peak

Half baths: 1.0

Taxes: $4,010

Features Appliances: Cooktop, Dishwasher, Disposal, Oven, Range

Association Phone: 3034204433 Association Yn: true

Exterior Features: Private Yard

Association Amenities: Playground, Pool

Basement: Crawl Space

Fencing: Full

Builder Model: Randem

Flooring: Vinyl

Builder Name: Oakwood Homes, LLC

Foundation Details: Concrete Perimeter

Building Area Source: Public Records

Heating: Forced Air

Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds, Recycling, Snow Removal, Trash Association Name: Adonea

Concessions: No Construction Materials: Frame, Vinyl Siding

Cooling: Central Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Primary Suite, Smoke Free Levels: Two Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan Living Area Total: 1422

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Features: Driveway-Brick Parking Total: 2

25870 East Byers Place, Aurora, Colorado 80018

Patio And Porch: Front Porch, Patio

Sewer: Public Sewer

Water Source: Public

Structure Type: House

Road Frontage Type: Public Road

Tax Legal Description: LOT 32 BLK 4 ADONEA SUB FLG NO 6 EX M/R'S

Window Features: Double Pane Windows

Roof: Composition Senior Community Yn: false

Tax Year: 2020 Virtual Tour: View

Remarks Come see this near-new home in Aurora's Adonea neighborhood with its phenomenal community amenities and convenient location. The stunning luxury vinyl plank floors greet you from the welcoming entryway and are found throughout the homes wet areas on both the main and upstairs floors. The twostory home features modern finishes including a large, modern kitchen with dark-stained maple cabinets, large kitchen island, pantry, newer slate colored appliances, and stunning granite countertops. Theres plenty of room upstairs with 2 bedrooms, convenient laundry, two full baths including the ensuite primary bathroom and loft which could easily be used as or converted to a third bedroom, if needed. Open floor plan on the main floor lends itself to a great room-like feel connecting living and kitchen spaces. Convenient main floor half bath for guests and family alike. The large lot offers a great backyard layout plus the privacy that a cul de sac affords. With beautiful natural light throughout the house the home feels open and bright. Don't forget the doorbell camera, Smart thermostat, and upgrades such as ceiling fan in the primary bedroom. The HOA covers trash and recycling, front driveway shoveling plus access to the many parks and community pool at a very walkable distance. Air conditioning. 2-car garage. Please checkout the floorplans included in the photos.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

26177 E Byers Place $500,000 CLOSED

4/6/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2018

MLS #7974403 1,422 Sq. Ft. ($352 / sqft) Days on market: 2

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

203 S Old Hammer Court $511,500 CLOSED

Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2019

5/26/22

MLS #4885553 1,438 Sq. Ft. ($356 / sqft) Days on market: 56

Details Prop Type: Single Family Residence

Lot Size (sqft): 4,042

County: Arapahoe Subdivision: ADONEA SUB FILING 6 Full baths: 2.0

Garages: 2

Updated: May 26, 2022 10:51 AM

School District: AdamsArapahoe 28J

List date: 2/19/22

List Price: $506,000

High: Vista Peak

Sold date: 5/26/22

Orig list price: $556,000

Middle: Vista Peak

Off-market date: 5/8/22

Assoc Fee: $235

Elementary: Vista Peak

Taxes: $3,406

Half baths: 1.0

Features Appliances: Dishwasher, Microwave, Oven Association Fee Frequency: Quarterly Association Name: Adonea Metropolitan District No. 2 Association Phone: 3034204433 Association Yn: true

Concessions: Buyer Closing Costs/Seller Points Paid

Levels: Two Listing Terms: Cash, Conventional, VA Loan

Tax Legal Description: LOT 11 BLK 5 ADONEA SUB FLG NO 6 EX M/R'S

Concessions Amount: 350

Living Area Total: 1438

Tax Year: 2020

Construction Materials: Wood Siding

Main Level Bathrooms: 1 Parking Total: 2

Utilities: Electricity Available, Natural Gas Available

Cooling: Central Air

Roof: Other

Heating: Electric, Forced Air

Senior Community Yn: false

Interior Features: Granite Counters

Structure Type: House

Sewer: Public Sewer

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Remarks Built in 2019, this Aurora two-story home offers a patio, granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

203 S Old Hammer Court $511,500 CLOSED

5/26/22

Aurora, CO 80018

2 Beds 3.00 Baths Year Built 2019

MLS #4885553 1,438 Sq. Ft. ($356 / sqft) Days on market: 56

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

207 S Newbern Court $521,000 CLOSED

Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2013

3/18/22

MLS #IR957711 1,365 Sq. Ft. ($382 / sqft) Days on market: 36

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,405 Garages: 2

Updated: Mar 18, 2022 10:40 AM

School District: AdamsArapahoe 28J

County: Arapahoe

List date: 1/19/22

List Price: $490,000

High: Vista Peak

Subdivision: Adonea

Sold date: 3/18/22

Orig list price: $475,000

Middle: Vista Peak

Full baths: 2.0

Off-market date: 3/18/22

Assoc Fee: $135

Elementary: Vista Peak

Half baths: 1.0

Taxes: $4,198

Features Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Clubhouse, Pool Association Fee Frequency: Quarterly

Association Yn: true

Levels: Two

Basement: None

Listing Terms: Cash, Conventional, FHA, VA Loan

Building Area Source: Assessor Construction Materials: Wood Frame

Living Area Total: 1365

Cooling: Central Air

Lot Features: Sprinklers In Front

Fencing: Fenced

Main Level Bathrooms: 1

Association Name: Adonea Metro District

Flooring: Vinyl, Wood

Parking Total: 2

Heating: Forced Air

Possible Use: Residential

Association Phone: 303-390-1222

Interior Features: Eat-in Kitchen, Open Floorplan

Roof: Composition

Association Fee Includes: Trash

Tax Legal Description: LOT 4 BLK 5 ADONEA SUB 2ND FLG Tax Year: 2020 Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available Water Source: Public Zoning: RES

Structure Type: House

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

207 S Newbern Court $521,000 CLOSED

3/18/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2013

MLS #IR957711 1,365 Sq. Ft. ($382 / sqft) Days on market: 36

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

230 S Oak Hill Street

Aurora, CO 80018

$515,000 CLOSED

3 Beds 3.00 Baths Year Built 2018

3/25/22

MLS #3709601 1,447 Sq. Ft. ($356 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 2/21/22

Taxes: $4,182

Lot Size (sqft): 2,962

County: Arapahoe

Garages: 2

Updated: Mar 25, 2022 10:16 AM

School District: AdamsArapahoe 28J

Subdivision: Adonea

List date: 2/17/22

List Price: $490,000

High: Vista Peak

Style: Contemporary

Sold date: 3/25/22

Orig list price: $490,000

Middle: Vista Peak

Assoc Fee: $235

Elementary: Vista Peak

Concessions: No

Main Level Bathrooms: 1

Construction Materials: Vinyl Siding

Parking Total: 2

Tax Legal Description: Lot 24, Block 4 Adonea Filing NO. NO. 6`s, County of Arapahoe, State of Colorado.

Full baths: 2.0

Features Association Fee Frequency: Quarterly Association Name: Adonea HOA MSI Association Phone: 7209744183 Association Yn: true Builder Name: Oakwood Homes, LLC Building Area Source: Public Records

Cooling: Central Air

Patio And Porch: Covered

Fencing: Full

Roof: Composition

Heating: Forced Air

Senior Community Yn: false

Levels: Two Listing Terms: Cash, Conventional, FHA, Other, VA Loan

Sewer: Public Sewer

Tax Year: 2020 Virtual Tour: View Water Source: Public

Structure Type: House

Living Area Total: 1447

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Remarks Beautifully updated home in the Adonea subdivision in Aurora. This three-bedroom, two and half bathroom home features incredible finishes with attention to detail. An open concept floor plan with wall to wall wood vinyl plank flooring greets you on the first level of the home. The kitchen features slate kitchen appliances, granite countertops, and lots of natural light flowing through the homes many windows. Upstairs features a master retreat, walk in closet, and updated master shower. You will also find two more comfortable bedrooms with natural light flowing through the upstairs windows. The HOA covers the trash, recycling, front driveway shoveling, and gain you access to the many pocket parks and community pool.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

230 S Oak Hill Street $515,000 CLOSED

3/25/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2018

MLS #3709601 1,447 Sq. Ft. ($356 / sqft) Days on market: 4

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

215 S Oak Hill Street

Aurora, CO 80018

$480,000 CLOSED

3 Beds 3.00 Baths Year Built 2020

3/7/22

MLS #6199606 1,460 Sq. Ft. ($329 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 2/7/22

Taxes: $2,542

Lot Size (sqft): 3,159

County: Arapahoe

Garages: 2

Updated: Mar 8, 2022 1:46 AM

School District: AdamsArapahoe 28J

Subdivision: Adonea

List date: 2/3/22

List Price: $470,000

High: Vista Peak

Style: Traditional

Sold date: 3/7/22

Orig list price: $470,000

Middle: Vista Peak

Assoc Fee: $235

Elementary: Vista Peak

Building Area Source: Public Records

Listing Terms: Cash, Conventional, FHA, VA Loan

Senior Community Yn: false

Concessions: No

Living Area Total: 1460

Structure Type: House

Association Fee Frequency: Quarterly

Construction Materials: Vinyl Siding

Main Level Bathrooms: 1

Association Name: Adonea HOA MSI

Cooling: Central Air Foundation Details: Slab

Patio And Porch: Front Porch, Patio

Tax Legal Description: LOT 12 BLK 3 ADONEA SUB FLG NO 6 EX M/R'S

Association Phone: 720-974-4183

Heating: Forced Air

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer

Association Yn: true

Levels: Two

Parking Total: 2

Sewer: Public Sewer

Tax Year: 2020

Roof: Architectural Shingles

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Remarks Why wait for new construction when you can have this 2019 stunner? Incredible home built in the stunning Adonea neighborhood in Aurora. This barely lived-in, newer construction home has been immaculately cared for and wonderfully designed with thoughtful upgrades. Walking in, you are greeted by an entry area with half bath which opens up to the large front room. There are beautiful gray luxury vinyl floors throughout. The kitchen has an oversized island with granite countertops and white cabinets. The open floor plan is perfect for entertaining guests and you'll fall in love with the great backyard where you'll get exquisite sunsets from the West. Upstairs, there are two more bathrooms including a large primary suite with full ensuite and double vanities. The two large bedrooms flank a large loft area which some similar floor plans have enclose to make a third bedroom. This is a great home at a great price. Your home in the tranquil Adonea neighborhood awaits!. Welcome home.

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

215 S Oak Hill Street $480,000 CLOSED

3/7/22

25870 East Byers Place, Aurora, Colorado 80018 Aurora, CO 80018

3 Beds 3.00 Baths Year Built 2020

MLS #6199606 1,460 Sq. Ft. ($329 / sqft) Days on market: 4

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Comparable Property Statistics A

1 Active Listings LOWEST

$480,000

HIGH

$480,000

AVG PRICE / SQFT

AVG DOM

$334

AVG PRICE / SQFT

AVG DOM

$340

AVG PRICE / SQFT

AVG DOM

$354

1 Pending Listings LOWEST

$495,900

AVERAGE

$495,900

HIGH

$495,900

9 Sold Listings LOWEST

$459,000

AVERAGE

$501,291

HIGH

$521,000

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Sold Property Analysis Averages

104.1%

Homes sold for an average of 104.1% of their list price.

Days on market

It took an average of 14 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

207 S Newbern Court

$475,000

$521,000

109.68%

$382

212 S Newbern Way

$470,000

$495,000

105.32%

$344

227 S Newbern Court

$485,000

$509,127

104.97%

$373

211 S Old Hammer Court

$450,000

$459,000

102.00%

$318

26177 E Byers Place

$485,000

$500,000

103.09%

$352

203 S Old Hammer Court

$556,000

$511,500

92.00%

$356

207 S Newbern Court

$475,000

$521,000

109.68%

$382

230 S Oak Hill Street

$490,000

$515,000

105.10%

$356

215 S Oak Hill Street

$470,000

$480,000

102.13%

$329

$484,000

$501,291

103.57%

$354

Averages

John Taylor The Bartic Group Cell: 3039156054

Comparative Market Analysis

25870 East Byers Place, Aurora, Colorado 80018

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

26238 E Maple Drive

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3.00

1,438

$480,000

$334

1,438

$480,000

$334

Averages

PENDING LISTINGS

ADDRESS

25800 E Byers Place

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3.00

1,460

$495,900

$340

1,460

$495,900

$340

Averages

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

207 S Newbern Court

3/18/22

3.00

1,365

$521,000

$382

212 S Newbern Way

2/24/22

3.00

1,439

$495,000

$344

3/9/22

3.00

1,365

$509,127

$373

211 S Old Hammer Court

2/18/22

3.00

1,443

$459,000

$318

26177 E Byers Place

4/6/22

3.00

1,422

$500,000

$352

203 S Old Hammer Court

5/26/22

3.00

1,438

$511,500

$356

207 S Newbern Court

3/18/22

3.00

1,365

$521,000

$382

230 S Oak Hill Street

3/25/22

3.00

1,447

$515,000

$356

215 S Oak Hill Street

3/7/22

3.00

1,460

$480,000

$329

1,416

$501,291

$354

227 S Newbern Court

Averages

John Taylor The Bartic Group Cell: 3039156054

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

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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