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MarComparativeketAnalysis 6836 Idylwild Court, Boulder, Colorado 80301 Kay Smart AUGUST 22, 2022 John Taylor The Bartic Group
Online Valuation Analysis How accurate are Zestimates? 2.0% $19,121 Zestimates varied up to 2.0% or $19,121 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 4554 Starboard Drive $950,000 $930,879 2 0% 4554 Starboard Drive $950,000 $930,879 2 0% S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 4632 Starboard Drive 4/28/22 $825,000 $837,500 1.5% 6767 Idylwild Court 6/24/22 $1,200,000 $1,206,500 0.5% 6825 Idylwild Court 8/16/22 $888,000 $894,700 0 8% Source: Zillow 2 Active 3 Sold Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 3
6836 Idylwild Ct, Boulder, CO 80301-3873, Boulder County APN: R0088069 CLIP: 9182783644 Beds 3 Full Baths 2 Half Baths 1 Sale Price $232,700 Sale Date N/A Bldg Sq Ft 2,334 Lot Sq Ft 7,561 Yr Built 1992 Type SFR OWNER INFORMATION Owner Name Smart Mailing ZIP 4 3873 Owner Name 2 Mailing Carrier Route C027 Mailing Address 6836 Idylwild Ct Owner Occupied Yes Mailing City & State Boulder, CO DMA No Mail Flag Mailing Zip 80301 LOCATION INFORMATION Property Zip 80301 Location Influence Property Zip4 3873 Topography Property Carrier Route C027 Neighborhood Code 132 132 School District Boulder Valley Re 2 Neighborhood Name (OnBoard) Red Fox Hills Elementary School Heatherwood Traffic Middle School Platt Township 01N High School Boulder Range 70 Subdivision Red Fox Hills Section 14 Zoning RR Quarter Census Tract 127.08 Block 5 Condo Floor Lot 32 TAX INFORMATION PIN R0088069 Tax District 4258 Alternate PIN 1463114 16 032 Tax Appraisal Area Schedule Number R0088069 Homestead Percent % Improved 56% Legal Description LOT 32 BLK 5 RED FOX HILLS ASSESSMENT & TAX Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $315,600 $315,600 $277,000 $277,000 Market Value Improved $394,500 $394,500 $363,300 $363,300 Market Value Total $710,100 $710,100 $640,300 $640,300 Assessed Value Land $21,934 $22,565 $19,806 $19,806 Assessed Value Improved $27,418 $28,207 $25,976 $25,976 Assessed Value Total $49,352 $50,772 $45,782 $45,782 YOY Assessed Change (%) 2 8% 10 9% 0% YOY Assessed Change ($) $1,420 $4,990 $0 Tax Year Total Tax Change ($) Change (%) 2019 $3,487 2020 $3,541 $54 1 56% 2021 $3,952 $411 11 6% CHARACTERISTICS Lot Frontage Baths Full 2 Lot Depth Baths Half 1 Lot Acres 0 1736 Other Rooms Lot Sq Ft 7,561 Stories Lot Shape Fireplace Land Use County 1 Family Resid Fireplaces Land Use CoreLogic SFR Cooling Type Building Type Single Family Heat Fuel Type Style Heat Type Forced Air Year Built 1992 Patio Type Deck Bldg Sq Ft Above Ground 2,079 Garage Type Attached Garage Bldg Sq Ft Basement 1,066 Garage Capacity Property Details Courtesy of John Taylor, REcolorado Generated on:08/22/22 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 Page 1/3
Bldg Sq Ft Finished Basement 255 Garage Sq Ft 693 Bldg Sq Ft Unfinished Basement 811 Roof Material Bldg Sq Ft Total Construction Frame Bldg Sq Ft Finished 2,334 Exterior Brick Veneer Bldg Sq Ft 1st Floor 1,066 Floor Cover Bldg Sq Ft 2nd Floor Foundation Basement Type Finished Pool # Units Pool Size # Buildings 1 Water Total Rooms 7 Sewer Bedrooms 3 Quality Good Baths Total 3 Other Impvs MLS Total Baths Equipment FEATURES Feature Type Size/Qty Building Description Building Size Pdk 245 Ppo 202 LISTING INFORMATION MLS Listing Id MLS Listing Contract Date MLS Days On Market MLS Pending Date MLS Source MLS Close Date MLS Status MLS List Office Name MLS Status Change Date MLS List Agent Full Name MLS Current Price MLS Buyer Agent Full Name MLS Original List Price MLS Buyer Office Name MLS Close Price 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 Deed Type Warranty Deed Sale Price $232,700 Owner Name Smart Price per SqFt Finished $99 70 Owner Name 2 Document Number 1235784 Seller Hudson Constr Ltd Liability Co Sale Type Full Sale Date 03/09/2009 02/25/2009 12/16/1998 Sale Price $500 $232,700 Nominal Y Y Y Buyer Smart Living Trust Smart William O Smart Trust Smart William O & Kay M Hudson Constr Ltd Lia bility Co Buyer Marshall Smart Kay Seller Smart William O Smart Living Trust Smart William O & Kay M Hudson Constr Ltd Lia bility Co Hudson Ideal Co Document Number 2992681 2985286 1884837 1235784 1235783 Document Type Quit Claim Deed Quit Claim Deed Warranty Deed Warranty Deed Quit Claim Deed Title Company American Title Svcs Multi/Split Sale Type Sale Date Sale Price $90,000 Nominal Property Details Courtesy of John Taylor, REcolorado Generated on:08/22/22 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 Page 2/3
Buyer Buyer Seller Document Number 1205327 Document Type Warranty Deed Title Company Multi/Split Sale Type Multi MORTGAGE HISTORY Mortgage Date 03/13/2009 04/11/2007 Mortgage Amount $100,000 $100,000 Mortgage Lender Provident Fndg Assocs Lp Chase Manhattan Bk/Usa Borrower Smart William O Smart Living Trust Borrower Marshall Smart Kay Mortgage Type Conventional Conventional Mortgage Purpose Nominal Refi Mortgage Int Rate Mortgage Int Rate Type Mortgage Term 30 25 Mortgage Term Years Years 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:08/22/22 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 Page 3/3
Map of Comparable Listings STATUS: A = ACTIVE S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 6836 Idylwild Ct 4 3.00 3,135 2 IR966324 A 4554 Starboard Drive 4 3.00 2,230 $950,000 3 5330687 A 4554 Starboard Drive 4 3.00 2,230 $950,000 4 IR961472 S 4632 Starboard Drive 4 4 00 2,789 $825,000 5 8161400 S 6767 Idylwild Court 4 4 00 3,512 $1,200,000 6 IR969911 S 6825 Idylwild Court 3 3.00 1,714 $888,000 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 5
4554 Starboard Drive Boulder, CO 80301 MLS #IR966324 $950,000 4 Beds 3.00 Baths 2,230 Sq. Ft. ($426 / sqft) ACTIVE 5/7/22 Year Built 1991 Days on market: 81 Details Prop Type: Single Family Residence County: Boulder Subdivision: Starboard Full baths: 2 0 3/4 Baths: 1.0 Lot Size (sqft): 7,354 Garages: 2 List date: 5/7/22 Updated: Aug 12, 2022 3:51 AM List Price: $950,000 Orig list price: $950,000 Assoc Fee: $346 Taxes: $3,963 School District: Boulder Valley RE 2 High: Fairview Middle: Platt Elementary: Heatherwood Features Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer Association Fee Frequency: Annually Association Fee Includes: Capital Reserves Association Name: Twin Lakes Association Phone: 303-457 1444 Association Yn: true Basement: Full Below Grade Unfinished Area: 110 0 Building Area Source: Assessor Construction Materials: Wood Frame Cooling: Central Air Fireplace Features: Living Room Flooring: Laminate Heating: Forced Air Interior Features: Five Piece Bath, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional Living Area Total: 2230 Lot Features: Level, Sprinklers In Front Parking Features: Oversized, RV Access/ Parking Parking Total: 2 Patio And Porch: Deck Possible Use: Residential Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 6
Structure Type: House Tax Legal Description: LOT 4 BLK 3 STARBOARD Tax Year: 2021 Utilities: Electricity Available, Natural Gas Available Virtual Tour: View Water Source: Public Waterfront Features: Pond Window Features: Double Pane Windows, Window Coverings Zoning: SR Remarks Lovely 4 Bedroom home in fabulous Twin Lakes neighborhood in Gunbarrel! NEW Low-E Windows & Bay window drench the 2 living spaces & dining area in light. The vaulted ceilings and unique vaulted ceilings bring contemporary space and design to the front of this Northern Boulder home. Bright kitchen w/NEW granite countertops. Serene Primary suite w/large windows, remodeled 5 piece bath w/NEW sinks, granite counters, marble shower, & new Tub, along w/private balcony. Walk-in closet & 5 piece bath w/ new sinks & countertops. Backyard oasis w/large pergola & deck w/seating, firepit, & ample space for entertaining. Backs to pond and greenspace with birds/wildlife. Large 2.5 car insulated garage w/new Chamberlain opener has room for bikes, workbench & storage. Quality Construction & Amazing Location. 4BR home in the coveted Twin Lakes neighborhood, Gunbarrel. 2"x6" Construction with Steel I-Beams across garage. 2 upper BR's share updated full bath w/ALL NEW marble tile, granite counters, mode Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 7
4554 Starboard Drive Boulder, CO 80301 MLS #IR966324 $950,000 4 Beds 3.00 Baths 2,230 Sq. Ft. ($426 / sqft) ACTIVE 5/7/22 Year Built 1991 Days on market: 81 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 8
4554 Starboard Drive Boulder, CO 80301 MLS #5330687 $950,000 4 Beds 3.00 Baths 2,230 Sq. Ft. ($426 / sqft) ACTIVE 5/29/22 Year Built 1991 Days on market: 85 Details Prop Type: Single Family Residence County: Boulder Subdivision: Starboard Full baths: 2 0 3/4 Baths: 1.0 Lot Size (sqft): 7,354 Garages: 2 List date: 5/29/22 Updated: May 29, 2022 9:01 AM List Price: $950,000 Orig list price: $950,000 Assoc Fee: $346 Taxes: $3,963 School District: Boulder Valley RE 2 High: Fairview Middle: Platt Elementary: Heatherwood Features Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer Association Fee Frequency: Annually Association Name: Twin Lakes Association Phone: 303-457 1444 Association Yn: true Basement: Finished Below Grade Unfinished Area: 110 0 Building Area Source: Public Records Construction Materials: Frame Cooling: Central Air Fireplace Features: Living Room Heating: Forced Air Interior Features: Five Piece Bath, Walk-In Closet(s) Levels: Two Listing Terms: Cash, Conventional Living Area Total: 2230 Lot Features: Sprinklers In Front, Sprinklers In Rear Parking Features: Oversized Parking Total: 3 Patio And Porch: Deck Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 4 BLK 3 STARBOARD Tax Year: 2021 Utilities: Electricity Connected, Natural Gas Connected Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 9
4BR home in the coveted Twin Lakes neighborhood. Enjoy long summer days and evenings in this backyard oasis with a large pergola deck that offers multiple seating areas and firepit, perfect for entertaining. Nature lovers dream with yard that backs to pond and greenspace with birds and wildlife. This home features all NEW windows throughout the home! Bright kitchen w/new white granite countertops and south facing windows that bring the outdoors in. 2 living spaces and dining area surrounded by windows. Primary suite is a serene retreat w/large windows & private balcony overlooking the pond. Walk in closet and 5 pc bath w/ new sinks and countertops. 2 upper BR's share updated full bath w/all new marble tile. Lower level has huge windows & large flex/rec room plus 4th BR with private 3/4 bath. Oversize 2 car garage has plenty of room for bikes, workbench & storage and large driveway has extra parking. Friendly neighborhood w/mature trees, quiet street, great Boulder Schools! Court,
Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 10
Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: SR Remarks
Welcome Home Comparative Market Analysis 6836 Idylwild
4554 Starboard Drive Boulder, CO 80301 MLS #5330687 $950,000 4 Beds 3.00 Baths 2,230 Sq. Ft. ($426 / sqft) ACTIVE 5/29/22 Year Built 1991 Days on market: 85 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 11
4632 Starboard Drive Boulder, CO 80301 MLS #IR961472 $825,000 4 Beds 4.00 Baths 2,789 Sq. Ft. ($296 / sqft) CLOSED 4/28/22 Year Built 1991 Days on market: 6 Details Prop Type: Single Family Residence County: Boulder Subdivision: Starboard Full baths: 3.0 Half baths: 1.0 Lot Size (sqft): 6,314 Garages: 2 List date: 3/24/22 Sold date: 4/28/22 Off-market date: 4/28/22 Updated: Aug 10, 2022 8:42 AM List Price: $879,000 Orig list price: $879,000 Assoc Fee: $364 Taxes: $4,061 School District: Boulder Valley RE 2 High: Boulder Middle: Platt Elementary: Heatherwood Features Appliances: Dishwasher, Microwave, Oven, Refrigerator Association Fee Frequency: Annually Association Fee Includes: Capital Reserves Association Name: Twin Lakes Association Phone: 303-457 1444 Association Yn: true Basement: Full Below Grade Unfinished Area: 100 0 Building Area Source: Assessor Construction Materials: Wood Frame Cooling: Central Air Direction Faces: West Fencing: Fenced Fireplace Features: Gas Flooring: Tile, Wood Heating: Forced Air Interior Features: Eat-in Kitchen, Five Piece Bath, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2789 Lot Features: Level, Open Space, Sprinklers In Front Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Deck Roof: Composition Security Features: Smoke Detector Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 17, Block 3 Starboard Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 12
Tax Year: 2020 Utilities: Electricity Available, Natural Gas Available View: Mountain(s) Water Source: Public Window Features: Window Coverings Zoning: RES Remarks Great opportunity for owner occupant or investor in Boulder. 4 bedroom 4 bathroom, almost 3000 finished sq ft, with a long term tenant in place. Open floor plan, backing to BVSD owned open space. Home is in great shape but plenty of potential for a remodel in the future for added equity. Current lease at $2800 per month expires April 30th, 2022 and tenant would very much prefer to stay and negotiate a new lease. Showings Friday, 1-6pm, Saturday 10 6pm and Sunday, 10 1130am only. All offers to be reviewed Monday at noon. Seller reserves the right to accept an offer at any time. Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 13
4632 Starboard Drive Boulder, CO 80301 MLS #IR961472 $825,000 4 Beds 4.00 Baths 2,789 Sq. Ft. ($296 / sqft) CLOSED 4/28/22 Year Built 1991 Days on market: 6 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 14
6767 Idylwild Court Boulder, CO 80301 MLS #8161400 $1,200,000 4 Beds 4.00 Baths 3,512 Sq. Ft. ($342 / sqft) CLOSED 6/24/22 Year Built 1991 Days on market: 22 Details Prop Type: Single Family Residence County: Boulder Subdivision: Red Fox Hills Style: Contemporary Full baths: 1.0 3/4 Baths: 2 0 Half baths: 1.0 Lot Size (sqft): 13,254 Garages: 2 List date: 5/12/22 Sold date: 6/24/22 Off-market date: 6/9/22 Updated: Jun 28, 2022 11:40 AM List Price: $1,200,000 Orig list price: $1,600,000 Assoc Fee: $580 Taxes: $5,521 School District: Boulder Valley RE 2 High: Boulder Middle: Centennial Elementary: Heatherwood Features Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Wine Cooler Association Amenities: Playground, Pool Association Fee Frequency: Annually Association Name: Red Fox Hills HOA Association Phone: 303-429 2611 Association Yn: true Basement: Finished Below Grade Unfinished Area: 196 0 Building Area Source: Public Records Concessions: Cash Concessions Amount: 20000 Construction Materials: Frame Cooling: Air CConditioning-Room,entralAir Exterior Features: Barbecue, Garden, Gas Grill, Lighting, Private Yard, Smart Irrigation Fencing: Full Fireplace Features: Family Room Flooring: Wood Heating: Forced Air Interior Features: Granite Counters Levels: Two Listing Terms: Cash, FHA, VA Loan Living Area Total: 3512 Lot Features: Cul-De-Sac, Open Space, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 2 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 15
Patio And Porch: Front Porch, Patio Property Condition: Updated/Remodeled Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT A39 RED FOX HILLS RPLT A Tax Year: 2021 Utilities: Cable Available, Electricity Available, Natural Gas Available View: Lake Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RR Remarks Water bird and owl paradise in this completely remodeled home that backs up to Boulder County Open Space with many trees and a creek, Twin Lakes, and the Twin Lakes Regional Trail System. Nearby to Boulder Country Club golf course only two blocks away; close to prestigious Boulder Country Day School; adjacent to a dog-friendly off leash lake trail, and always fun Avery Brewery. Located at the end of a quiet Cul-de-sac, completely new luxury kitchen with high-end appliances, professionally landscaped yard, plumbed to house gas grill on beautiful back patio overlooking the lakes. A must see property! Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 16
6767 Idylwild Court Boulder, CO 80301 MLS #8161400 $1,200,000 4 Beds 4.00 Baths 3,512 Sq. Ft. ($342 / sqft) CLOSED 6/24/22 Year Built 1991 Days on market: 22 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 17
6825 Idylwild Court Boulder, CO 80301 MLS #IR969911 $888,000 3 Beds 3.00 Baths 1,714 Sq. Ft. ($518 / sqft) CLOSED 8/16/22 Year Built 1992 Days on market: 16 Details Prop Type: Single Family Residence County: Boulder Subdivision: Red Fox Hills Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 7,494 Garages: 2 List date: 6/30/22 Sold date: 8/16/22 Off-market date: 8/16/22 Updated: Aug 16, 2022 11:00 AM List Price: $895,000 Orig list price: $895,000 Assoc Fee: $690 School District: Boulder Valley RE 2 High: Fairview Middle: Platt Elementary: Heatherwood Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Pool Association Fee Frequency: Annually Association Name: Red Fox Hills Association Yn: true Basement: Unfinished Below Grade Unfinished Area: 576 0 Building Area Source: Other Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 5000 Construction Materials: Brick, Wood Frame Cooling: Central Air Fireplace Features: Family Room Flooring: Wood Heating: Forced Air Interior Features: Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Three Or More Listing Terms: Cash, Conventional Living Area Total: 1714 Lot Features: Cul-De-Sac, Level, Sprinklers In Front Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Deck Possible Use: Residential Road Frontage Type: Public Road Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 18
Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector Structure Type: House Tax Legal Description: LOT A43 RED FOX HILLS RPLT A Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available Vegetation: Wooded Virtual Tour: View Water Source: Public Window Features: Window Coverings Zoning: SFR Remarks Vaulted ceilings welcome you into this airy, light-filled home featuring open concept living on the main floor. Gather in the family room which is flooded w/ natural light via a wall of windows, Overlooking the family room is the kitchen featuring cherry cabinets, granite counters & center island for casual dining. Upstairs 3 bedrooms w/ vaulted ceilings, large windows & closets. The deck off of the family room provides an enjoyable indoor/outdoor living connection. A peaceful yard with mature trees backs to open space. Red Fox Hills neighborhood hosts many events during the year: a pool party, Halloween parade, Holiday singalong. Tucked away in an enclave in Gunbarrel, surrounded by open space & steps from the LOBO trail, Twin Lakes dog park, local breweries, & the neighborhood pool. Visit https://redfoxhills.org, A short drive or bike ride to downtown Boulder & minutes from all of the action Boulder has to offer. New paint, carpet, LVP flooring, lighting & ceiling fans. Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 19
6825 Idylwild Court Boulder, CO 80301 MLS #IR969911 $888,000 3 Beds 3.00 Baths 1,714 Sq. Ft. ($518 / sqft) CLOSED 8/16/22 Year Built 1992 Days on market: 16 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 20
Comparable Property Statistics A 2 Active Listings S 3 Sold Listings LOWEST $950,000 AVERAGE $950,000 HIGH $950,000 AVG PRICE / SQFT $426 AVG DOM 83 LOWEST $825,000 AVERAGE $971,000 HIGH $1,200,000 AVG PRICE / SQFT $385 AVG DOM 14 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 21
Sold Property Analysis Averages 97.9% Homes sold for an average of 97.9% of their list price. 14 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 4632 Starboard Drive $879,000 $825,000 93.86% 6 $296 6767 Idylwild Court $1,600,000 $1,200,000 75.00% 22 $342 6825 Idylwild Court $895,000 $888,000 99 22% 16 $518 Averages $1,124,666 $971,000 86 34% 14 $385 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 22
Summary of Comparable Properties A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 4554 Starboard Drive 4 3.00 2,230 $950,000 $426 4554 Starboard Drive 4 3.00 2,230 $950,000 $426 Averages 2,230 $950,000 $426 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 4632 Starboard Drive 4/28/22 4 4 00 2,789 $825,000 $296 6767 Idylwild Court 6/24/22 4 4.00 3,512 $1,200,000 $342 6825 Idylwild Court 8/16/22 3 3.00 1,714 $888,000 $518 Averages 2,671 $971,000 $385 Comparative Market Analysis 6836 Idylwild Court, Boulder, Colorado 80301 John Taylor The Bartic Group Cell: 3039156054 23
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.
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.
ASKING PRICE PERCENTAGE OF BUYERS +10%+15% Market Value -15%-10% 90%75%60%30%10%
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.
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Pricing a home for sale is as much art as science, but there are a few truisms that never change.
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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.
TIME ON MARKET
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.
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.
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.
WEEKS) ACTIVITY 1 2 3 4 5 6
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Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value. (IN
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