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MarComparativeketAnalysis 2515 Larimer Street, Denver, Colorado 80205 Custom Comparative Market Analysis for the Bartic's AUGUST 17, 2022 Christopher Wanless The Bartic Group
Contact Me Christopher Wanless The Bartic Group 50 S. Steele St. Denver CO 80209 christopher@thebarticgroup com 720 837 4299 720 208-7200 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 3
Online Valuation Analysis How accurate are Zestimates? 3.1% $26,600 Zestimates varied up to 3.1% or $26,600 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 2531 Lawrence Street $889,000 $885,513 0 4% P ADDRESS PRICE ZESTIMATE DIFFERENCE 2441 N Broadway 107 $685,000 1085 25th Street $959,000 S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 2335 Walnut Street 8 6/3/22 $790,000 $803,800 1.7% 2570 Lawrence Street Rc202 A 2/22/22 $796,000 2345 Walnut Street 21 6/22/22 $800,000 $810,900 1.4% 2560 Blake Street 303 4/8/22 $863,000 $889,600 3.1% 2715 Blake Street 5 5/13/22 $885,000 $905,400 2 3% Source: Zillow 1 52ActivePendingSold Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 4
2515 Larimer St, Denver, CO 80205-2124, Denver County APN: 2277-07-074 CLIP: 4781838909 MLS Beds 2 MLS Full Baths 2 Half Baths 1 Sale Price $469,000 Sale Date 05/24/2013 MLS Sq Ft 1,674 Lot Sq Ft 821 Yr Built 2008 Type TH/RH OWNER INFORMATION Owner Name Bartic Brendan J Mailing Zip 80205 Owner Name 2 Bartic Kathryn Mailing ZIP 4 2124 Mailing Address 2515 Larimer St Mailing Carrier Route C004 Mailing City & State Denver, CO Owner Occupied Yes LOCATION INFORMATION Property Zip 80205 Topography Flat/Level Property Zip4 2124 Neighborhood Code Curtis Park 0265 Property Carrier Route C004 Neighborhood Name (OnBoard) Curtis Park School District Denver County 1 Traffic Graded Elementary School Whittier Township 03S Middle School Dsst Cole Range 68W High School East Section 27 Subdivision Platte Add Block 56 Zoning R MU 30 Lot 20 Census Tract 16 03 TAX INFORMATION PIN 2277 07 074 % Improved 89% Schedule Number 0227707074000 Tax District DENV Legal Description PLATTE ADD B56 PT L20 & 21 CO M MST SLY COR L17 N44.3546E 9 3 58FT TO POB TH N45 2456W 39 89FT N44 3504E 20 58FT S45 2456 E 39 9FT S44 3546W 20 58FT TO P OB ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Land $73,900 $73,900 $73,900 Market Value Improved $582,600 $582,600 $542,400 Market Value Total $656,500 $656,500 $616,300 Assessed Value Land $5,280 $5,280 $5,280 Assessed Value Improved $41,660 $38,780 $38,780 Assessed Value Total $46,940 $44,060 $44,060 YOY Assessed Change (%) 6.54% 0% YOY Assessed Change ($) $2,880 $0 Tax Year Total Tax Change ($) Change (%) 2019 $3,177 2020 $3,269 $92 2 88% 2021 $3,503 $234 7.14% CHARACTERISTICS Lot Acres 0.0188 Baths Total 3 Lot Sq Ft 821 MLS Total Baths 3 Land Use County Row House Misc Baths Full 2 Land Use CoreLogic Townhouse/Rowhouse Baths Half 1 Style Row House Stories 3 Year Built 2008 Fireplace Y Bldg Sq Ft Above Ground 1,674 Heat Type Warm Air Bldg Sq Ft Total 1,674 Patio Type Wood Deck Bldg Sq Ft Finished 1,674 Garage Type Attached Garage Bldg Sq Ft 1st Floor 260 Garage Capacity MLS: 2 Bldg Sq Ft 2nd Floor 659 Garage Sq Ft 441 # Buildings 1 Exterior Frame/Masonry Total Rooms 6 Quality Good Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/17/22 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
Bedrooms 2 FEATURES Feature Type Size/Qty Att Garage Frm 441 Wd Deck 109 Wd Deck 26 SELL SCORE Rating Low Value As Of 2022 08 14 05:02:41 Sell Score 486 LISTING INFORMATION MLS Listing Id 1921176 MLS Original List Price $3,650 MLS Days On Market 32 MLS Listing Contract Date 12/11/2020 MLS Source REcolorado MLS List Office Name KELLER WILLIAMS INTEGRITY RE AL ESTATE LLC MLS Status Leased MLS List Agent Full Name 30458t The Bartic Group MLS Status Change Date 01/12/2021 MLS Buyer Agent Full Name 30458t The Bartic Group MLS Current Price $3,350 MLS Buyer Office Name KELLER WILLIAMS INTEGRITY RE AL ESTATE LLC MLS Listing # 1177519 1091018 MLS Source History REcolorado REcolorado MLS Status Closed Expired MLS Listing Price $464,900 $449,900 MLS Orig Listing Price $464,900 $449,900 MLS Listing Close Price $469,000 MLS Listing Date 04/17/2013 05/08/2012 MLS Close Date 05/24/2013 MLS Listing Expiration Date 11/30/2012 LAST MARKET SALE & SALES HISTORY Sale Date 05/24/2013 Deed Type Special Warranty Deed Sale Price $469,000 Owner Name Bartic Brendan J Price per SqFt Finished $280.17 Owner Name 2 Bartic Kathryn Document Number 75940 Seller Chroma Lcc Sale Date 11/24/2020 05/24/2013 Sale Price $469,000 Nominal Y Buyer Bartic Brendan J & Kathryn Bartic Brendan J Chroma LLC Buyer Bartic Kathryn Seller Bartic Brendan J Chroma Lcc Owner Record Document Number 198257 75940 106612 Document Type Quit Claim Deed Special Warranty Deed Special Warranty Deed Title Company Land Title Guarantee Multi/Split Sale Type Multi MORTGAGE HISTORY Mortgage Date 11/30/2020 05/28/2013 Mortgage Amount $359,000 $416,998 Mortgage Lender Wells Fargo Bk Na Catalyst Lndg Inc Borrower Bartic Brendan J Bartic Brendan J Borrower Bartic Kathryn Mortgage Type Conventional Va Mortgage Purpose Nominal Resale Mortgage Term 15 30 Mortgage Term Years Years Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/17/22 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
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/17/22 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 P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 2515 Larimer St 2 2.00 1,674 2 3683353 A 2531 Lawrence Street 3 4 00 1,882 $889,000 3 5327793 P 2441 N Broadway 107 2 2 00 1,179 $685,000 4 6307909 P 1085 25th Street 3 4 00 1,867 $959,000 5 4383303 S 2335 Walnut Street 8 2 3.00 1,577 $790,000 6 2608874 S 2570 Lawrence Street Rc202 A 3 3.00 1,738 $796,000 7 8223110 S 2345 Walnut Street 21 2 3.00 1,577 $800,000 8 2812242 S 2560 Blake Street 303 2 3.00 2,077 $863,000 9 3968402 S 2715 Blake Street 5 2 2.00 1,831 $885,000 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 6
Summary of Comparable Properties A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 2531 Lawrence Street 3 4.00 1,882 $889,000 $472 Averages 1,882 $889,000 $472 P PENDING LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 2441 N Broadway 107 2 2 00 1,179 $685,000 $581 1085 25th Street 3 4 00 1,867 $959,000 $514 Averages 1,523 $822,000 $547 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 2335 Walnut Street 8 6/3/22 2 3.00 1,577 $790,000 $501 2570 Lawrence Street Rc202 A 2/22/22 3 3.00 1,738 $796,000 $458 2345 Walnut Street 21 6/22/22 2 3.00 1,577 $800,000 $507 2560 Blake Street 303 4/8/22 2 3.00 2,077 $863,000 $416 2715 Blake Street 5 5/13/22 2 2 00 1,831 $885,000 $483 Averages 1,760 $826,800 $473 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 7
Listings Christopher Wanless The Bartic Group
Denver, CO 80205 MLS #3683353 3 Beds 4.00 Baths 1,882 Sq. Ft. ($472 / sqft) Year Built 2008 Days on market: 9 Style: Urban Contemporary Full baths: 1.0 Garages: 2 List date: 7/21/22 Updated: Jul 30, 2022 7:05 AM List Price: $889,000 Orig list price: $899,000 Assoc Fee: $499 Taxes: $3,877 School District: Denver 1 High: East Middle: Whittier E-8 Elementary: Whittier E-8 Features Appliances: Dishwasher, Disposal, Range, Refrigerator Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Security, Sewer, Snow Removal, Trash, Water Association Name: ACM HOA Association Phone: 303-233-4646 Association Yn: true Basement: Exterior Entry, Finished, Interior Entry/ Standard, Partial, Walk Out Access Building Area Source: Appraiser Common Walls: No One Above, No One Below Construction Materials: Block, Brick, Frame Cooling: Central Air Direction Faces: East Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Entry Location: Ground Exterior Features: Balcony Flooring: Carpet, Tile, Wood Heating: Forced Air Interior Features: Eat-in Kitchen, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Walk-In Closet(s) Laundry Features: In Unit Levels: Three Or More Listing Terms: Cash, Conventional, Other Living Area Total: 2241 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 9
Lot Features: Historical District, Near Public Transit, Sprinklers In Front Main Level Bathrooms: 1 Parking Features: Concrete, Storage Parking Total: 2 Patio And Porch: Patio Pets Allowed: Cats OK, Dogs OK Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Other Security Features: Secured Garage/Parking, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse Tax Legal Description: TRELLIS TOWNHOMES U-105 AKA CURTIS & CLARKES ADD B59 PT L26 BEG 21.75'WIT-COR L23 NE 83.88FT TPOB N45.0608W 50FT N44.5352E 18 17FT S45.0608E 50 FT S44.5352W 18.17FT TPOB Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available View: City, Mountain(s) Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: G-MU-3 Remarks $10,000 credit from motivated Seller to Buyer upon successful closing (use towards rate pay-down, closing costs, etc.)!! Sheer luminosity inspires elevated design in this architecturally unique townhouse poised in the heart of RiNo. Residents are welcomed into a gracefully flowing layout flanked by newly refinished hardwood floors, new carpeting and fresh white wall color. Eyes are drawn upwards to lofty ceilings in a spacious living area as natural light streams in through vast windows. Youll find 10 15 foot ceilings throughout. A stylish kitchen is impressive w/ sleek cabinetry, a center island and bright dining area. Sliding glass doors open to an outdoor deck promoting seamless indoor-outdoor entertaining. A stairwell w/ a 25-foot-tall open-air skylight ascends to an upper level where a sizable bedroom awaits w/ outdoor access. Retreat to a separate floor to find a primary suite boasting outdoor access and a spa-like bath w/ double vanities and a large bathtub. Downstairs, a third bedroom w/ outdoor access offers the perfect space for a home office or fitness area. Retreat to the rooftop deck for quiet evenings while watching the sunset over the mountains. A two-car attached garage presents plentiful storage for the home hobbyist. You won't find another property that has an entirely separate floor, private outdoor space, room specific thermostat + full attached bathrooms for each of the 3 bedrooms! Walk out your front door and Located on the same block is Uchi, Altius Farms, Third Space Yoga, Metropolis Coffee + Los chingones, Denver Central Market + all your favorite RiNo hot-spots are just a block away! Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 10
2531 Lawrence Street Denver, CO 80205 MLS #3683353 $889,000 3 Beds 4.00 Baths 1,882 Sq. Ft. ($472 / sqft) ACTIVE 7/21/22 Year Built 2008 Days on market: 9 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 11
2441 N Broadway 107 Denver, CO 80205 MLS #5327793 $685,000 2 Beds 2.00 Baths 1,179 Sq. Ft. ($581 / sqft) PENDING 7/11/22 Year Built 1910 Days on market: 7 Details Prop Type: Condominium County: Denver Subdivision: RiNo Style: Loft Full baths: 2 0 Lot Size (sqft): Garages: 1 List date: 6/23/22 Pending date: 7/11/22 Off-market date: 7/11/22 Updated: Jul 12, 2022 7:01 AM List Price: $685,000 Orig list price: $685,000 Assoc Fee: $489 Taxes: $3,244 School District: Denver 1 High: East Middle: DSST: Cole Elementary: Whittier E-8 Features Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer, Wine Cooler Association Amenities: Bike Maintenance Area, Bike Storage, Elevator(s) Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Gas, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: HOA Simple, LLC Association Phone: 303.260 7177 Association Yn: true Building Area Source: Builder Building Name: Silver State Lofts Construction Materials: Brick, Frame, Metal Siding, Structural Steel Cooling: Central Air Direction Faces: West Distance To Bus Numeric: 10 Distance To Bus Units: Feet Electric: 110V, 220 Volts Entry Level: 1 Entry Location: Corridor Access Exterior Features: Barbecue, Garden, Gas Grill, Lighting, Rain Gutters, Smart Irrigation Flooring: Stone, Wood Foundation Details: Slab Furnished: Negotiable Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 12
Green Energy Efficient: Appliances, Construction, Doors, Exposure/Shade, HVAC, TherLighting,Insulation,Roof,mostat,Windows Heating: Forced Air Interior Features: Built-in Features, Butcher Counters, Entrance Foyer, High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Pantry, Primary Suite, Smart Lights, Smart Thermostat, Smart Window Coverings, Smoke Free, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data Laundry Features: In Unit Levels: Three Or More Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1179 Lot Features: Historical District, Near Public Transit, Sprinklers In Front Main Level Bathrooms: 2 Main Level Bedrooms: 2 Number Of Units Total: 39 Parking Features: Concrete, Electric Vehicle Charging Station (s), Heated Garage, Lighted, Oversized Door, Smart Garage Door Parking Total: 1 Patio And Porch: Rooftop Pets Allowed: Cats OK, Dogs OK Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Membrane, Spanish Tile Security Features: 24 Hour Security, Secured Garage/Parking, Smart Cameras, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SILVER STATE LOFTS CONDOS U-107 PRK 15 ROOF DECK-N/A Tax Year: 2021 Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected View: City Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: R-MU-30 Remarks Incredibly remodeled 2 bedroom/2 bath home in historic Silver State Lofts! Upon entering the light-filled property, you will be surrounded by 110 year-old exposed brick, hardwood floors and 12.5-foot ceilings featuring a wall of windows (with electronic shades) and restored doors from Union Station. The main living area is over 600 square feet featuring ample room to entertain between the massive living area, dining space and gorgeous kitchen. The chefs kitchen includes stainless appliances, Brazilian walnut countertops, farmhouse sink, marble backsplash, train floor open shelving, a pot-filler, gold fixtures and built-in wine fridge. The oversized primary suite boasts an attached spa bath with vaulted ceilings, double vanity and custom tiled shower featuring 3-faucets connected to a walk-in-closet. The secondary bedroom is fully enclosed with an additional sleeping loft above the bathroom featuring a restored claw foot tub and rainfall showerhead. All lighting, and electronic window shades are operated by Lutron controls. This property also includes a parking spot in the garage where an EV Charger will be installed before year-end and additional storage in the basement. At the confluence of RiNo & LoDo, Silver State Lofts' location cannot be beat; your loft is only 2 blocks to Coors Field Field & 2 blocks to the best of RiNo: Central Market, Patagonia, Stowaway, Work & Class, Uchi, Los Chingones, Cart Driver, Super Mega Bien, Death & Co and the list goes on Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205
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Christopher Wanless Bartic Group 720
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2441 N Broadway 107 Denver, CO 80205 MLS #5327793 $685,000 2 Beds 2.00 Baths 1,179 Sq. Ft. ($581 / sqft) PENDING 7/11/22 Year Built 1910 Days on market: 7 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 14
1085 25th Street Denver, CO 80205 $959,000 PENDING 8/15/22 Details Prop Type: Multi-Family County: Denver Subdivision: Curtis Park Style: Urban Contemporary Full baths: 2 0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 1,306 Garages: 1 List date: 8/11/22 6:44 AM List Price: $959,000 Orig list price: $959,000 Middle: Dora Moore Elementary: Denver Green Features Association Yn: false Basement: Daylight Building Area Source: Builder Construction Materials: Concrete, Frame Cooling: Central Air Exterior Features: Balcony, Garden, Gas Valve, Lighting Fencing: Partial Heating: Forced Air Levels: Three Or More Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo Living Area Total: 1867 Main Level Bathrooms: 1 Number Of Units Total: 5 Parking Total: 1 Patio And Porch: Covered, Deck, Front Porch, Patio, Rooftop Property Condition: New Construction Road Frontage Type: Public Road Road Surface Type: Paved Roof: Membrane Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse Tax Legal Description: PIERCES ADD BLK88 PT OF L21 & 22 COM NW COR L21 SN44.5925E50.12FT44.0007E76.17FT TPOB S45.0007E 17 88FT S44.5953W7 82FT S45.0007E 39 38FT S44.5847W 9 69FT N45.0007W 39.38F *S44.5953W 32.61FT N45.007W 17 88FT N44.5953E 50 12FT TPOB Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 15
Tax Year: 2022 Virtual Tour: View Remarks Brand new, charming Brownstone located in the heart of historic Curtis Park, two blocks from RINO, Denvers most vibrant retail corridors. This all brick front facade, 3 bedroom, 3.5 bathroom home features a massive roof deck and a 1 car detached garage. The home is designed reminiscent of a classic Denver Brownstone with all of the modern amenities for today's lifestyle. The main level consists of a family room, chefs kitchen, dining room with powder and a private balcony with additional outdoor space. Upstairs, you will find the primary suite with a generous walk-in closet, 4 piece primary bath, along with a secondary bedroom and bathroom. Enjoy the private roof deck spanning the entire unit with beautiful mountain and city views. The lower level can be perfect for guests or roommates as it includes a second family/rec room, full wet bar with space for a wine fridge/beverage center and the third bedroom with an en-suite bathroom and large closet. This home combines classic, unique architecture with high end interior finishes, all within one of the most sought after locations in Denver. Last unit left! Please visit, http://108525thbrownstone.com/, for more information. Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 16
1085 25th Street Denver, CO 80205 MLS #6307909 $959,000 3 Beds 4.00 Baths 1,867 Sq. Ft. ($514 / sqft) PENDING 8/15/22 Year Built 2022 Days on market: 4 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 17
2335 Walnut Street 8 Denver, CO 80205 MLS #4383303 $790,000 2 Beds 3.00 Baths 1,577 Sq. Ft. ($501 / sqft) CLOSED 6/3/22 Year Built 2006 Days on market: 6 Details Prop Type: Condominium County: Denver Subdivision: Five Points Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 36,620 Garages: 2 List date: 4/20/22 Sold date: 6/3/22 Off-market date: 5/7/22 Updated: Jun 3, 2022 7:02 AM List Price: $775,000 Orig list price: $775,000 Assoc Fee: $280 Taxes: $3,408 School District: Denver 1 High: East Middle: Wyatt Elementary: Gilpin Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Association Name: HOA Simple LLC Association Phone: 303-260 7177 Association Yn: true Building Area Source: Public Records Building Name: 24 Walnut Condos Common Walls: 2+ Common Walls Concessions: No Construction Materials: Brick, Frame, Stucco Cooling: Central Air Direction Faces: Southeast Entry Level: 1 Entry Location: Ground Exterior Features: Balcony, Gas Valve Fencing: None Fireplace Features: Family Room, Gas Log Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Foundation Details: Slab Furnished: Unfurnished Heating: Forced Air Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 18
Christopher Wanless The Bartic Group 720 837 4299
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Interior Features: Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free, Solid Surface Counters, Walk-In Closet(s) Laundry Features: In Unit Levels: Three Or More Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo Living Area Total: 1577 Lot Features: Near Public Transit Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Rooftop Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Rolled/Hot Mop Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: 24 WALNUT CONDOS U-8 Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected View: City, Mountain(s) Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Skylight(s), Window Coverings, Window Treatments Zoning: R-MU-30 Remarks BUYER TERMINATED BECAUSE OF LOAN PROBLEMS - NO INSPECTION ISSUES!! This is your chance to live in a beautiful townhome with everything the downtown lifestyle has to offer in LoDo, RiNo and Ballpark District plus easy highway access. You won't be disappointed in this light and bright, open-concept living including an over-sized, private 2 car tandem garage with plenty of storage. And the private rooftop deck offers year-round sunrise, sunset, mountain and city views, Coors Field fireworks and hours of outdoor entertainment complete with a gas line ready for a grill and power for a hot tub (one of the few rooftop decks rated for a hot-tub). The walnut wood floors have just been refinished, everything is freshly painted, new upgraded carpet and pad as well as a new AC unit installed May of 2020. The main floor gives many entertainment options with its open-concept from the spacious great room, beautifully appointed kitchen including Berloni cabinets, Caesarstone counters, SS appliances, great storage and a balcony for your morning coffee. The master suite is large enough for a king-sized bed, 2 closets, 1 with custom built-ins and convenient location for the washer/dryer. Secondary bedroom with en-suite offers a balcony and access to the rooftop deck. This house is ready for you to move-in and kick-off the summer in style with immediate possession at closing! Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205
2335 Walnut Street 8 Denver, CO 80205 MLS #4383303 $790,000 2 Beds 3.00 Baths 1,577 Sq. Ft. ($501 / sqft) CLOSED 6/3/22 Year Built 2006 Days on market: 6 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 20
2570 Lawrence Street Rc202 A Denver, CO 80205 MLS #2608874 $796,000 3 Beds 3.00 Baths 1,738 Sq. Ft. ($458 / sqft) CLOSED 2/22/22 Year Built 2018 Days on market: 4 Details Prop Type: Condominium County: Denver Subdivision: RiNo Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): Garages: 2 List date: 1/27/22 Sold date: 2/22/22 Off-market date: 1/31/22 Updated: Feb 23, 2022 4:05 AM List Price: $725,000 Orig list price: $725,000 Assoc Fee: $437 Taxes: $4,136 School District: Denver 1 High: East Middle: Bruce Randolph Elementary: Gilpin Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Bike Maintenance Area, Dog/Pet Wash, Elevator(s), Garden Area, Park Association Fee Frequency: Monthly Association Fee Includes: Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: CAP Management Association Phone: 303-832 2971 Association Yn: true Building Area Source: Appraiser Building Name: S*Park Common Walls: End Unit, 1 Common Wall Concessions: No Construction Materials: Brick, Frame, Metal Siding Cooling: Central Air Entry Location: Exterior Access Exterior Features: Balcony, Elevator, Fire Pit, Gas Grill Flooring: Wood Heating: Forced Air, Natural Gas Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 21
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Remarks This stunning 3 bedroom, 3 bathroom, 2-story unit impresses with high-end finishes, hardwood floors, 10 ft ceilings, Nest thermostat, and dual master suites. Main floor bedroom is ideal for an office or a workout room. Open concept floor plan features living area, dining area and spacious kitchen with endless cabinets and open shelving. The oversized island is perfect for enjoying a casual dinner or entertaining a group. The dining area easily seats six. Stainless steel Bosch appliances including an induction range complete this top of the line kitchen. Google fiber is available in this building making today's work at home lifestyle a snap. Two parking spaces in underground parking garage. A dog wash station and a bike repair station are both located in the heated underground parking garage. Residents enjoy exclusive access to community fire pit + courtyard lounge area. ***Both short term and long term rentals allowed (including Airbnb) . S*Park is defined as a sustainable community igniting the future of urban living through an agrihood culture. Sustainability is incorporated into the development w/ solar powering the common areas, compost valet + high walkability. Designed by Tres Birds Workshop + completed in 2019, this brand-new community centers around a 20,000 sq f t private park w/ outdoor grills, dog run + urban garden. The community also boasts an underground, heated parking garage w/ electric hook-ups available, greenhouse by Altius Farms . Sharing the space is retail, including the renowned Uchi restaurant and Third Space Yoga + Juice Bar Larimer Denver, Colorado Wanless Bartic 720 837 4299
Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet, Kitchen Island, Master Suite, Open Floorplan, Quartz Counters, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wired for Data Laundry Features: In Unit, Laundry Closet Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1738 Main Level Bathrooms: 1 Main Level Bedrooms: 1 Parking Features: Heated Garage, Underground Parking Total: 2 Pets Allowed: Cats OK, Dogs OK Road Frontage Type: Public Road Road Surface Type: Paved Roof: Other Security Features: Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/ Parking, Security Entrance, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: S*PARK CONDOS UNIT RC202(A) PRK 49, 50 (FORMERLY UNIT R-C201) Tax Year: 2020 Utilities: Cable Available, Electricity Connected, Natural Gas Connected Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings
80205 Christopher
Comparative Market Analysis 2515
Zoning: G-MU-3
Group Cell:
Street,
2570 Lawrence Street Rc202 A Denver, CO 80205 MLS #2608874 $796,000 3 Beds 3.00 Baths 1,738 Sq. Ft. ($458 / sqft) CLOSED 2/22/22 Year Built 2018 Days on market: 4 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 23
2345 Walnut Street 21 Denver, CO 80205 MLS #8223110 $800,000 2 Beds 3.00 Baths 1,577 Sq. Ft. ($507 / sqft) CLOSED 6/22/22 Year Built 2006 Days on market: 15 Details Prop Type: Condominium County: Denver Subdivision: East Denver Boyds Style: Urban Contemporary Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): Garages: 2 List date: 5/10/22 Sold date: 6/22/22 Off-market date: 5/25/22 Updated: Jun 22, 2022 3:13 PM List Price: $799,999 Orig list price: $799,999 Assoc Fee: $280 Taxes: $3,408 School District: Denver 1 High: East Middle: Whittier E-8 Elementary: Whittier E-8 Features Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Range Hood, Smart Appliances, Washer Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water Association Name: Hoa Simple, LLC Association Phone: 3032607177 Association Yn: true Common Walls: 2+ Common Walls Concessions: No Construction Materials: Brick, Frame, Metal Siding, Wood Siding Cooling: Central Air Entry Location: Courtyard Exterior Features: Balcony, Barbecue, Fire Pit, Private Yard, Spa/Hot Tub Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Tile, Wood Foundation Details: Structural Heating: Forced Air Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 24
Christopher Wanless Bartic Group
The
Cell: 720 837 4299 christopher@thebarticgroup com 25
Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205
STOP AND LOOK and look at these rooftop views! It is very rare to get privacy in lower downtown but this townhome at 2345 Walnut Unit 21 offers a private urban oasis with being just steps to Coors Field and LoDo The townhome is located on the interior courtyard of the development so the noise of the street is insulated. Step in past the blooming trees and courtyard into 1,500 plus square feet of prime downtown living. The whole property has a brand new floor. Up the stairs you will find a very large open living room and kitchen. The unit has high end gas appliances and a large fireplace. On the westside you will find a nice office nook, powder bathroom, and a balcony. Proceed up the floating staircase to the upper floor. Walk into you large primary suite and you expansive windows let in an abundance natural light. In the primary suite you will find a large walk thru closet and an oversized luxury bathroom. Walk to the other end to find the second bedroom with a full bathroom. Proceed to the outdoor staircase to the private rooftop. This oversized rooftop is complete with a Hot-Tub and expansive unobstructed views of the Mile High City and Rocky Mountains. Come see this very rare courtyard insulated townhouse and enjoy LoDo living at its finest! The property also has an oversized tandem 2 car garage.
Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, In-Law Floor Plan, Open Floorplan, Primary Suite, Quartz Counters, Walk-In Closet(s) Laundry Features: In Unit Levels: Three Or More Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo, Other, VA Loan Living Area Total: 1577 Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Deck, Patio, Rooftop Property Condition: Updated/Remodeled Roof: Membrane Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse Tax Legal Description: 24 WALNUT CONDOS U-21 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Natural Gas Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: R-MU-30 Remarks
2345 Walnut Street 21 Denver, CO 80205 MLS #8223110 $800,000 2 Beds 3.00 Baths 1,577 Sq. Ft. ($507 / sqft) CLOSED 6/22/22 Year Built 2006 Days on market: 15 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 26
2560 Blake Street 303 Denver, CO 80205 MLS #2812242 $863,000 2 Beds 3.00 Baths 2,077 Sq. Ft. ($416 / sqft) CLOSED 4/8/22 Year Built 1903 Days on market: 18 Details Prop Type: Condominium County: Denver Subdivision: RiNo Style: Loft Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): List date: 2/16/22 Sold date: 4/8/22 Off-market date: 3/13/22 Updated: Apr 12, 2022 7:41 AM List Price: $863,000 Orig list price: $865,000 Assoc Fee: $808 Taxes: $3,297 School District: Denver 1 High: East Middle: Whittier E-8 Elementary: Whittier E-8 Features Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer, Water Purifier Association Amenities: Bike Storage, Clubhouse, Elevator(s), Fitness Center, Storage Association Fee Frequency: Monthly Association Fee Includes: Gas, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: Harmony Management Group Association Phone: 720 255-2990 Association Yn: true Building Area Source: Appraiser Building Name: Lumber Lofts Common Walls: 2+ Common Walls Concessions: No Construction Materials: Brick Cooling: Central Air Direction Faces: Northwest Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Electric: 220 Volts Entry Level: 3 Entry Location: Corridor Access Fireplace Features: Electric, Living Room Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 27
Over 2000 square feet of stunning space with great light, city and mountain views. The primary suite has a huge walk-in closet and a gorgeous, remodeled 5 piece bath which includes a luxurious BainUltra, self cleaning spa tub with lights and heat! A full size laundry room is adjacent to the primary suite. The second bedroom has an en-suite bath and custom built-in storage. Two deeded, secure, open-air parking spaces are included. HOA includes Wi-Fi and all utilities except electricity. Over $150K in primary bath and kitchen remodel. HOA is in discussion to build a rooftop deck
Christopher Wanless The Bartic Group Cell: 720 837
4299 christopher@thebarticgroup com 28
Heating: Hot Water, Natural Gas Interior Features: Built-in Features, Ceiling Fan(s), Five Piece Bath, High Ceilings, High Speed Internet, Jet Action Tub, Kitchen Island, Primary Suite, No Stairs, Open Floorplan, Quartz Counters, Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional Living Area Total: 2077 Main Level Bathrooms: 3 Main Level Bedrooms: 2 Number Of Units Total: 18 Parking Features: Asphalt, Exterior Access Door Parking Total: 2 Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: Updated/Remodeled Roof: Unknown Security Features: Carbon Monoxide Detector(s), Secured Garage/Parking, Security Entrance, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Mid Rise (4 7) Tax Legal Description: BLAKE STREET LOFTS CONDOS U-303 PRK 303, 304 STR-303 Tax Year: 2020 Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Phone Connected View: City, Mountain(s) Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: PUD Remarks Open House Sunday 3/13 10 4. This spacious RiNo loft with high ceilings, exposed brick and gorgeous wood beams combines the modern loft features with touches of classic elegance. Denvers best bars and restaurants are just outside your door, or if you prefer, cook for yourself in the stunning chefs kitchen with amazing storage, high end appliances (KitchenAid, Electrolux, Fisher & Paykel), double ovens, 5 burner gas cooktop and custom cabinets. Gather your friends around the large quartz island for drinks and merriment!
Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205
2560 Blake Street 303 Denver, CO 80205 MLS #2812242 $863,000 2 Beds 3.00 Baths 2,077 Sq. Ft. ($416 / sqft) CLOSED 4/8/22 Year Built 1903 Days on market: 18 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 29
2715 Blake Street 5 Denver, CO 802 $885,000 CLOSED 5/13/22 Details Prop Type: Multi-Family County: Denver Subdivision: RINO Style: Urban Contemporary Full baths: 2 0 Lot Size (sqft): 18,685 List date: 3/31/22 Sold date: 5/13/22 Off-market date: 4/5/22 Updated: May 17, 2022 2:44 AM Taxes: $3,131 School District: Denver 1 Features Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Microwave, Range, Refrigerator Association Fee Frequency: Monthly Association Fee Includes: Maintenance Structure, Sewer, Trash, Water Association Name: K3 Management Association Phone: 303-798-0054 Association Yn: true Building Area Source: Appraiser Building Name: Bag Factory Lofts Common Walls: End Unit Concessions: No Construction Materials: Block, Brick, Frame Cooling: Central Air Direction Faces: West Exterior Features: Fire Pit Fencing: Full Fireplace Features: Gas, Living Room Fireplaces Total: 1 Flooring: Concrete, Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, Other Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 30
Living Area Total: 1831 Main Level Bathrooms: 1 Main Level Bedrooms: 1 Parking Total: 2 Patio And Porch: Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Membrane Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: BAG FACTORY LOFTS U-5 Tax Year: 2019 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available View: City Water Source: Public Window Features: Double Pane Windows Zoning: R-MU-30 Remarks Industrial Design collides with remarkable light-drenched space in this RINO residence. Situated in the historic Bag Factory Building, this dwelling inspires with dramatic 20-foot ceilings, exposed wood trusses + concrete floors shining with light from floor-to-ceiling windows. The striking open floorplan encompasses the living, dining + kitchen areas. A lofty gas fireplace reaches upwards to the towering ceilings, radiating warmth into an adjoining kitchen + dining space characterized by modern wood cabinetry, stainless steel appliances + an immense kitchen island. Seamless indoor-outdoor living is achieved through glass doors that lead out onto a serene 700 square-foot terrace with a gas firepit + ample privacy. The main-level bedroom serves as a cozy escape with a wide closet while the loft area above can be used as the primary bedroom, gym or office overlooking the main floor below. Two full bathrooms boast shimmering subway tile + contemporary light fixtures, rounding out this homes welcoming + lofty atmosphere. RINO is the pulse of Denver - art galleries, the city's best restaurants, cafes and bars, gyms and engaging urban streets - all located right out the front door! it is easy to understand why RINO is the creative hub of Denver. Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 31
2715 Blake Street 5 Denver, CO 80205 MLS #3968402 $885,000 2 Beds 2.00 Baths 1,831 Sq. Ft. ($483 / sqft) CLOSED 5/13/22 Year Built 1958 Days on market: 5 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 32
Analysis Christopher Wanless The Bartic Group
Comparable Property Statistics A 1 Active Listings P 2 Pending Listings S 5 Sold Listings LOWEST $889,000 AVERAGE $889,000 HIGH $889,000 AVG PRICE / SQFT $472 AVG DOM 9 LOWEST $685,000 AVERAGE $822,000 HIGH $959,000 AVG PRICE / SQFT $547 AVG DOM 5 LOWEST $790,000 AVERAGE $826,800 HIGH $885,000 AVG PRICE / SQFT $473 AVG DOM 9 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 34
Sold Property Analysis Averages 101.7% Homes sold for an average of 101.7% of their list price. 9 Days on market It took an average of 9 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 2335 Walnut Street 8 $775,000 $790,000 101.94% 6 $501 2570 Lawrence Street Rc202 A $725,000 $796,000 109 79% 4 $458 2345 Walnut Street 21 $799,999 $800,000 100 00% 15 $507 2560 Blake Street 303 $865,000 $863,000 99 77% 18 $416 2715 Blake Street 5 $900,000 $885,000 98.33% 5 $483 Averages $812,999 $826,800 101.70% 9 $473 Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 35
Suggested List Price Analysis of the comparable properties suggests a list price of: $850,000 $507 / sqft Comparable Averages per Status A 1 Active $889,000 $472 / sqft 9 Days on Market P 2 Pending $822,000 $547 / sqft 5 Days on Market S 5 Sold $826,800 $473 / sqft 9 Days on Market Disclaimer The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market Comparative Market Analysis 2515 Larimer Street, Denver, Colorado 80205 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 36
☐ Fair market value attracts buyers, overpricing never does.
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.
☐ The first two weeks of marketing are crucial.
PRICINGINTELLIGENT&TIMING
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.
at Keller Williams Integrity
☐ The market never lies, but it can change its mind.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
TIME
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.
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.
at Keller Williams Integrity
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.
3 4 5 6
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.
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.
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value. ON MARKET (IN WEEKS) 2
ACTIVITY 1
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