at Keller Williams Integrity
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Dwain Lacey AUGUST 9, 2022
John Taylor The Bartic Group
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Online Valuation Analysis How accurate are Zestimates?
13.7%
$113,300
Zestimates varied up to 13.7% or $113,300 compared to actual MLS prices.
A
1 Active
ADDRESS
PRICE
ZESTIMATE
DIFFERENCE
$825,000
$711,700
-13.7%
PRICE
ZESTIMATE
DIFFERENCE
$725,000
$725,003
0.0%
SOLD DATE
SOLD PRICE
ZESTIMATE
DIFFERENCE
19896 Alexandria Drive
5/31/22
$800,000
$815,900
2.0%
1802 Painter Drive
2/14/22
$750,000
$790,900
5.5%
1765 Old Antlers Way
3/31/22
$845,000
$878,300
3.9%
19805 Chisholm Trail
P
1 Pending
ADDRESS
20230 Doewood Drive
S
3 Sold
ADDRESS
Source: Zillow
John Taylor The Bartic Group Cell: 3039156054
3
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
A = ACTIVE
P = PENDING
S = CLOSED
BEDS
BATHS
SQFT
PRICE
1660 Old Antlers Way
5
4.00
4,277
-
1
Subject
2
7587077
A
19805 Chisholm Trail
4
3.00
3,271
$825,000
3
9777831
P
20230 Doewood Drive
5
3.00
2,971
$725,000
4
5222936
S
19896 Alexandria Drive
5
3.00
3,151
$800,000
5
8523761
S
1802 Painter Drive
5
4.00
3,669
$750,000
6
6002429
S
1765 Old Antlers Way
7
4.00
4,635
$845,000
John Taylor The Bartic Group Cell: 3039156054
4
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
19805 Chisholm Trail
Monument, CO 80132
$825,000 ACTIVE
4 Beds 3.00 Baths Year Built 1998
7/27/22
MLS #7587077 3,271 Sq. Ft. ($252 / sqft) Days on market: 10
Details Prop Type: Single Family Residence
3/4 Baths: 1.0
List Price: $825,000
Middle: Lewis-Palmer
Lot Size (sqft): 26,571
Orig list price: $825,000
County: El Paso
Garages: 3
Taxes: $2,622
Elementary: LewisPalmer
Subdivision: Woodmoor
List date: 7/27/22
Style: Contemporary
Updated: Aug 6, 2022 4:25 AM
School District: LewisPalmer 38
Full baths: 2.0
High: Palmer Ridge
Features Association Yn: false
Levels: One
Basement: Finished, Walk-Out Access
Listing Terms: Cash, Conventional, VA Loan
Below Grade Unfinished Area: 511.0
Living Area Total: 3271
Construction Materials: Frame
Main Level Bathrooms: 2
Cooling: None Exterior Features: Private Yard Heating: Forced Air
Lot Features: Corner Lot Main Level Bedrooms: 2 Parking Total: 3 Patio And Porch: Covered, Deck
Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Community
Tax Legal Description: LOT 15 DOEWOOD SUB FIL NO 1A Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected Water Source: Public Zoning: RR-0.5
Structure Type: House
John Taylor The Bartic Group Cell: 3039156054
5
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Remarks This is the home you've been waiting to come on the market! Ideal one level living with master at one end of the house and 2nd bedroom at the other end for maximum privacy. Office, Laundry and Dining Room are on main level, too. Great Room has 14 foot ceilings and beautiful heart-warming stone fireplace. Spacious kitchen includes pantry, tons of cabinets and walks out to HUGE composite deck surrounded by all of Mother Nature's glory. The walk out basement has 2 more bedrooms, Rec Room and large workshop plus access to 2nd expansive covered composite deck. This home is ideally located at the end of the road with beautiful mountain vistas and just minutes from I-25 with easy drive to both Colorado Springs and Denver. Come see - soon!
John Taylor The Bartic Group Cell: 3039156054
6
Comparative Market Analysis
19805 Chisholm Trail $825,000 ACTIVE
7/27/22
1660 Old Antlers Way, Monument, Colorado 80132 Monument, CO 80132
4 Beds 3.00 Baths Year Built 1998
MLS #7587077 3,271 Sq. Ft. ($252 / sqft) Days on market: 10
John Taylor The Bartic Group Cell: 3039156054
7
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
20230 Doewood Drive $725,000 PENDING
Monument, CO 80132
5 Beds 3.00 Baths Year Built 1994
7/22/22
MLS #9777831 2,971 Sq. Ft. ($244 / sqft) Days on market: 1
Details Prop Type: Single Family Residence
Lot Size (sqft): 22,204 Garages: 2
Updated: Aug 5, 2022 1:50 PM
School District: LewisPalmer 38
County: El Paso
List date: 7/21/22
List Price: $725,000
High: Palmer Ridge
Subdivision: Heights
Pending date: 7/22/22
Orig list price: $725,000
Middle: Lewis-Palmer
Full baths: 2.0
Off-market date: 7/22/22
Assoc Fee: $220
Elementary: LewisPalmer
3/4 Baths: 1.0
Taxes: $2,444
Features Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven, Range, Refrigerator, Washer Association Fee Frequency: Annually Association Fee Includes: Security Association Name: The Heights POA Association Phone: 000-000-0000
Association Yn: true Basement: Partial Below Grade Unfinished Area: 168.0 Building Area Source: Public Records Construction Materials: Frame Cooling: Central Air Exterior Features: Garden, Private Yard, Rain Gutters
Fireplace Features: Gas, Great Room Fireplaces Total: 1 Heating: Forced Air
Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s) Levels: One
Fencing: Partial
John Taylor The Bartic Group Cell: 3039156054
8
Comparative Market Analysis
Listing Terms: Cash, Conventional, VA Loan Living Area Total: 2971
1660 Old Antlers Way, Monument, Colorado 80132
Parking Total: 2 Patio And Porch: Deck, Patio
Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Road Frontage Type: Public Road
Main Level Bathrooms: 2
Road Surface Type: Paved
Main Level Bedrooms: 3 Parking Features: Concrete, Exterior Access Door
Road Responsibility: Public Maintained Road
Roof: Composition
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Senior Community Yn: false
Water Source: Public
Sewer: Community Structure Type: House Tax Legal Description: LOT 3 HEIGHTS FIL TWO
Virtual Tour: View Window Features: Skylight(s), Window Coverings, Window Treatments Zoning: RS-20000
Tax Year: 2021
Remarks Looking for Main Level Living? This house has it with over 1900 square feet and 3 bedrooms on the main level! This amazing stucco and brick rancher sits on a beautifully landscaped 1/2 acre lot with mountain views! Open and bright living area with vaulted ceilings, skylight, walk-out doors to the deck and 3-sided stacked stone fireplace shared with the breakfast nook and kitchen. Spacious sunny kitchen with stainless steel appliances, new farm sink and faucet, island, pantry, and bar area with sink. Formal dining room adjoins or enjoy the mountain views from the breakfast nook. Two main-level bedrooms share a full bath, and the master retreat features a walk-in closet, en suite 5pc bath with seamless glass shower, new sinks/ faucets, jetted tub, and walk-out to the deck. The finished lower level has a cozy family room, two bedrooms, a 3/4 bath and ample storage space. The huge main-level laundry room has cabinetry, a sink, washer/dryer, and electrical outlet for an upright freezer. DO NOT MISS the garage with garden service door and elevator access to the suspended upper storage! The back yard is a peaceful retreat with 2016 Treks deck, expanded patio, mountain views, fragrant gardens, 4' split rail and mesh fence, and a storage shed for all of your gardening tools. This home has central air, a 2020 roof on the house and shed, maintenance-free vinyl coated steel soffit and fascia, new interior/exterior lighting, and so much more! Easy I-25 access, close to Palmer Ridge High School, and minutes to the shopping/dining of downtown Monument and Palmer Lake.
John Taylor The Bartic Group Cell: 3039156054
9
Comparative Market Analysis
20230 Doewood Drive $725,000 PENDING
7/22/22
1660 Old Antlers Way, Monument, Colorado 80132 Monument, CO 80132
5 Beds 3.00 Baths Year Built 1994
MLS #9777831 2,971 Sq. Ft. ($244 / sqft) Days on market: 1
John Taylor The Bartic Group Cell: 3039156054
10
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
19896 Alexandria Drive $800,000 CLOSED
Monument, CO 80132
5 Beds 3.00 Baths Year Built 2016
5/31/22
MLS #5222936 3,151 Sq. Ft. ($254 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Garages: 3
List Price: $725,000
Middle: Lewis-Palmer
List date: 4/21/22
Orig list price: $725,000
County: El Paso
Sold date: 5/31/22
Taxes: $4,035
Elementary: LewisPalmer
Subdivision: Misty Acres
Off-market date: 4/23/22
Full baths: 3.0
Updated: May 31, 2022 8:11 AM
School District: LewisPalmer 38
Lot Size (sqft): 23,087
High: Palmer Ridge
Features Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator Basement: Finished
Flooring: Carpet, Tile, Wood
Below Grade Unfinished Area: 361.0
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating: Forced Air
Levels: One
Association Yn: false
Building Area Source: Public Records Concessions: No Construction Materials: Frame
Cooling: None Fireplace Features: Gas, Great Room Fireplaces Total: 1
Listing Terms: Cash, Conventional Living Area Total: 3151 Main Level Bathrooms: 2 Main Level Bedrooms: 3
Parking Features: Oversized Parking Total: 3 Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House
John Taylor The Bartic Group Cell: 3039156054
11
Comparative Market Analysis
Tax Legal Description: LOT 30 MISTY ACRES SUB FIL NO 3
1660 Old Antlers Way, Monument, Colorado 80132
Tax Year: 2020
Virtual Tour: View
View: Mountain(s)
Water Source: Public
Zoning: PUD
Remarks Impeccably Maintained Ranch Style Home with Finished Lower Level! Beautiful Setting with Spectacular Pikes Peak Mountain Views! Over 1/2 Acre, Professionally Landscaped! Front Patio with Room For Seating! Foyer with Wrought Iron Railing! Great Room with Fireplace Open to the Gourmet Kitchen! Kitchen Features Granite Counters, Stainless Appliances, Refrigerator is Included, Gas Cook Top, Breakfast Bar/Center Island with Pendant Lights, Walk In Pantry & Patio Access! Formal Dining Room! Beautiful Wood Floors From Entry, through the Dining Room & Kitchen! Spacious Master Suite with 5 Piece Bath, Custom Walk In Shower & Walk In Closet! Finished Lower Level Offers Large Family Room, Additional 2 Bedrooms & Full Bath! Fenced Yard, Enjoy the Back Yard Extended Custom Patio with Unbelievable Mountain Views & Garden Beds! Oversized 3 Car Garage to Accommodate Larger Vehicles! Perfect Driveway with Lots of Sunshine, for Easy Snow Removal! Low Taxes! No HOA, Bring Your Toys! Pristine Condition, Original Owners!
John Taylor The Bartic Group Cell: 3039156054
12
Comparative Market Analysis
19896 Alexandria Drive $800,000 CLOSED
5/31/22
1660 Old Antlers Way, Monument, Colorado 80132 Monument, CO 80132
5 Beds 3.00 Baths Year Built 2016
MLS #5222936 3,151 Sq. Ft. ($254 / sqft) Days on market: 2
John Taylor The Bartic Group Cell: 3039156054
13
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
1802 Painter Drive
Monument, CO 80132
$750,000 CLOSED
5 Beds 4.00 Baths Year Built 2009
2/14/22
MLS #8523761 3,669 Sq. Ft. ($204 / sqft) Days on market: 1
Details Prop Type: Single Family Residence
Lot Size (sqft): 22,521 Garages: 3
Updated: Feb 14, 2022 5:28 AM
School District: LewisPalmer 38
County: El Paso
List date: 1/3/22
List Price: $725,000
High: Palmer Ridge
Subdivision: Misty Acres
Sold date: 2/14/22
Orig list price: $725,000
Middle: Lewis-Palmer
Full baths: 3.0
Off-market date: 1/4/22
Taxes: $3,020
Elementary: LewisPalmer
Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Sump Pump
Concessions: Buyer Closing Costs/Seller Points Paid
Fireplace Features: Dining Room, Gas, Living Room
Concessions Amount: 1200
Fireplaces Total: 1
Association Yn: false
Construction Materials: Frame
Interior Features: Built-in Features, Eat-in Kitchen, Five Piece Bath, High Ceilings, High Speed Internet, Master Suite, Pantry, Radon Mitigation System, Walk-In Closet(s), Wet Bar
Half baths: 1.0
Features
Basement: Full
Flooring: Carpet, Tile, Wood Heating: Forced Air
Below Grade Unfinished Area: 166.0
Cooling: Central Air
Building Area Source: Public Records
Exterior Features: Fire Pit
Listing Terms: Cash, Conventional, FHA, VA Loan
Fencing: Partial
Living Area Total: 3669
Direction Faces: South
Levels: Two
John Taylor The Bartic Group Cell: 3039156054
14
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Lot Features: Corner Lot, Landscaped, Level, Mountainous, Sloped
Road Surface Type: Paved
Main Level Bathrooms: 1
Senior Community Yn: false
Parking Features: Concrete Parking Total: 3 Patio And Porch: Deck
Roof: Composition
Sewer: Public Sewer Structure Type: House
Tax Legal Description: LOT 20 MISTY ACRES SUB FIL NO 1 Tax Year: 2020
Virtual Tour: View Water Source: Private Zoning: PUD
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected View: Mountain(s)
Remarks Lovely updated home with gorgeous mountain views of the Front Range and Greenland Open Space in the area of Misty Acres in Monument. Large acre corner lot with easy access to I-25 for commuting to Denver or Colorado Springs. This 3,834 sq ft home features a spacious great room along with a formal dining room that included a 3-sided gas fireplace and bamboo floors. The gourmet kitchen boasts granite countertops, updated cabinets, tile floors, a gas range, stainless steel appliances, a pantry and a breakfast nook that walks out to the Trex deck and the fenced backyardperfect for entertaining. The upper level features a spacious loft/family room with two closets, a large master retreat with 5 piece bath and walk-in closet, two additional bedrooms and a full bath. The lower level has recently been finished to include two additional bedrooms and a fourth bathroom. The basement space features stained concrete flooring and garden level windows to allow for a spacious feel and lots of light.
John Taylor The Bartic Group Cell: 3039156054
15
Comparative Market Analysis
1802 Painter Drive $750,000 CLOSED
2/14/22
1660 Old Antlers Way, Monument, Colorado 80132 Monument, CO 80132
5 Beds 4.00 Baths Year Built 2009
MLS #8523761 3,669 Sq. Ft. ($204 / sqft) Days on market: 1
John Taylor The Bartic Group Cell: 3039156054
16
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
1765 Old Antlers Way
Monument, CO 80132
$845,000 CLOSED
7 Beds 4.00 Baths Year Built 2006
3/31/22
MLS #6002429 4,635 Sq. Ft. ($182 / sqft) Days on market: 4
Details Prop Type: Single Family Residence
Lot Size (sqft): 28,880 Garages: 3
Updated: Mar 31, 2022 8:18 AM
School District: LewisPalmer 38
County: El Paso
List date: 2/10/22
List Price: $840,000
High: Palmer Ridge
Subdivision: Misty Acres
Sold date: 3/31/22
Orig list price: $840,000
Middle: Lewis-Palmer
Full baths: 3.0
Off-market date: 2/14/22
Taxes: $3,438
Elementary: LewisPalmer
Builder Model: Mount Vernon
Exterior Features: Spa/ Hot Tub
Builder Name: Lennar
Fencing: None
Building Area Source: Appraiser
Fireplace Features: Family Room, Gas Log
Concessions: Buyer Closing Costs/Seller Points Paid
Flooring: Carpet, Tile, Wood
Concessions Amount: 500
Horse Yn: false
Interior Features: Breakfast Nook, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s)
3/4 Baths: 1.0
Features Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Humidifier, Microwave, Refrigerator, Self Cleaning Oven Association Yn: false Basement: Exterior Entry, Finished, Full, Sump Pump, Walk-Out Access Below Grade Unfinished Area: 66.0
Construction Materials: Frame
Heating: Forced Air
Levels: Two
Cooling: Central Air
John Taylor The Bartic Group Cell: 3039156054
17
Comparative Market Analysis
Listing Terms: Cash, Conventional, FHA, VA Loan
1660 Old Antlers Way, Monument, Colorado 80132
Parking Total: 3 Patio And Porch: Deck
Living Area Total: 4635
Road Responsibility: Public Maintained Road
Lot Features: Open Space, Sprinklers In Front, Sprinklers In Rear
Road Surface Type: Paved
Main Level Bathrooms: 1
Roof: Composition
Security Features: Carbon Monoxide Detector(s), Security System, Smart Locks, Smoke Detector(s)
Tax Year: 2020
Senior Community Yn: false
View: Mountain(s)
Sewer: Public Sewer
Main Level Bedrooms: 1
Structure Type: House
Parking Features: Dry Walled, Insulated
Tax Legal Description: LOT 3 MISTY ACRES SUB FIL NO 1
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: PUD
Remarks Wow! This gorgeous one-owner home sits adjacent to wide open space. Bright and light inside this gorgeous home with mountain views from many windows. Dramatic entry with high-volume ceilings and grand circular staircase with wrought iron detail. Hand-scraped Hickory wood flooring at entry, kitchen and dining room. Cozy family room with gas fireplace and surround sound prewire. Main floor bedroom/office with full bath makes a wonderful guest suite. Gourmet kitchen with stainless steel appliances and slab granite countertops. Upgraded door hardware and plumbing fixtures. The master bedrooms suite is spacious with an abundance of closet space and luxurious 5 piece bath. The large safe in the master bedroom closet is included. The upper floor also includes three additional nice-sized bedrooms with walk-in closets. The garden-level basement offers flex space, two additional bedrooms, a 3/4 bath and game room that is prewired for surround sound. Freshly painted interior. Two furnaces, 2 hot water heaters and 2 air conditioners as well central vacuum to keep you comfortable and convenience. Large treks deck off kitchen makes entertaining a breeze! You won't want to miss this special home. Buyer's or Buyer's Agent to verify all details. This sale must be written contingent upon the Seller finding an acceptable replacement home. Please allow for up to 60 days. Professional photos will be uploaded very soon.
John Taylor The Bartic Group Cell: 3039156054
18
Comparative Market Analysis
1765 Old Antlers Way $845,000 CLOSED
3/31/22
1660 Old Antlers Way, Monument, Colorado 80132 Monument, CO 80132
7 Beds 4.00 Baths Year Built 2006
MLS #6002429 4,635 Sq. Ft. ($182 / sqft) Days on market: 4
John Taylor The Bartic Group Cell: 3039156054
19
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Comparable Property Statistics A
1 Active Listings LOWEST
$825,000
P
$825,000
HIGH
$825,000
AVG PRICE / SQFT
AVG DOM
$252
10
AVG PRICE / SQFT
AVG DOM
$244
1
AVG PRICE / SQFT
AVG DOM
$214
2
1 Pending Listings LOWEST
$725,000
S
AVERAGE
AVERAGE
$725,000
HIGH
$725,000
3 Sold Listings LOWEST
$750,000
AVERAGE
$798,333
HIGH
$845,000
John Taylor The Bartic Group Cell: 3039156054
20
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Sold Property Analysis Averages
104.6%
Homes sold for an average of 104.6% of their list price.
2
Days on market
It took an average of 2 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
19896 Alexandria Drive
$725,000
$800,000
110.34%
2
$254
1802 Painter Drive
$725,000
$750,000
103.45%
1
$204
1765 Old Antlers Way
$840,000
$845,000
100.60%
4
$182
$763,333
$798,333
104.59%
2
$214
Averages
John Taylor The Bartic Group Cell: 3039156054
21
Comparative Market Analysis
1660 Old Antlers Way, Monument, Colorado 80132
Summary of Comparable Properties A
ACTIVE LISTINGS
ADDRESS
19805 Chisholm Trail
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
4
3.00
3,271
$825,000
$252
3,271
$825,000
$252
Averages
P
PENDING LISTINGS
ADDRESS
20230 Doewood Drive
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
5
3.00
2,971
$725,000
$244
2,971
$725,000
$244
Averages
S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
19896 Alexandria Drive
5/31/22
5
3.00
3,151
$800,000
$254
1802 Painter Drive
2/14/22
5
4.00
3,669
$750,000
$204
1765 Old Antlers Way
3/31/22
7
4.00
4,635
$845,000
$182
3,818
$798,333
$214
Averages
John Taylor The Bartic Group Cell: 3039156054
22
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
1
2
3
4
5
6
TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
Results That MOVE You
720.208.7200 TheBarticGroup.com A Veteran Owned Business