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MarComparativeketAnalysis 6310 Oak Street, Arvada, Colorado 80004 Custom Comparative Market Analysis for Ted Stockwell AUGUST 18, 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 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 3
6310 Oak St #202, Arvada, CO 80004-4877, Jefferson County APN: 429040 CLIP: 7701160226 MLS Beds 2 MLS Full Baths 2 Half Baths N/A MLS Sale Price $269,900 MLS Sale Date 03/06/2020 MLS Sq Ft 935 Lot Sq Ft N/A Yr Built 1999 Type CONDO OWNER INFORMATION Owner Name Stockwell Theodore IV Mailing ZIP 4 4877 Mailing Address 6310 Oak St #202 Mailing Carrier Route C022 Mailing City & State Arvada, CO Owner Occupied Yes Mailing Zip 80004 LOCATION INFORMATION Property Zip 80004 Census Tract 103 07 Property Zip4 4877 Neighborhood Code Orchard Square 2923 Property Carrier Route C022 Township 03 School District Jefferson County R 1 Range 69 Elementary School Allendale Section 09 Middle School Drake Quarter NE High School Arvada West Block 15 Subdivision Grace Place II Condo Bldg 15 2nd Supp Lot 202 TAX INFORMATION PIN 429040 % Improved 100% Alternate PIN 39 091 09 183 Tax District 1013 Schedule Number 429040 Legal Description SECTION 09 TOWNSHIP 03 RANG E 69 QTR NE SUBDIVISIONCD 293 468 SUBDIVISIONNAME GRACE P LACE II CONDO BLDG 15 2ND SU PP BLOCK 015 LOT 0202 TRACT ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Improved $315,105 $224,906 $224,906 Market Value Total $315,105 $224,906 $224,906 Assessed Value Improved $22,530 $16,081 $16,081 Assessed Value Total $22,530 $16,081 $16,081 YOY Assessed Change (%) 40 1% 0% YOY Assessed Change ($) $6,449 $0 Tax Year Total Tax Change ($) Change (%) 2019 $1,531 2020 $1,552 $21 1 37% 2021 $2,180 $628 40 49% CHARACTERISTICS Land Use CoreLogic Condominium Baths Total 2 Building Type Multi Family Condo MLS Total Baths 2 Style Condominium Baths Full 2 Year Built 1999 Stories MLS: 1 Bldg Sq Ft Above Ground 935 Cooling Type Central & Unit Bldg Sq Ft Finished 935 Heat Type Forced Air Bldg Sq Ft 1st Floor 935 Construction Wood Basement Type MLS: Structural Water Type Unknown # Buildings 1 Sewer Type Unknown Bedrooms 2 Quality Average FEATURES Feature Type Size/Qty Covered Porch 75 First Floor 935 Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/18/22 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
SELL SCORE Rating Moderate Value As Of 2022 08 14 05:02:46 Sell Score 528 LISTING INFORMATION MLS Listing Id 1826174 MLS Close Price $269,900 MLS Days On Market 4 MLS Listing Contract Date 02/06/2020 MLS Source REcolorado MLS Close Date 03/06/2020 MLS Status Closed MLS List Office Name LEFT HAND HOMES LLC MLS Status Change Date 03/06/2020 MLS List Agent Full Name 03458p-Phil Tarket MLS Current Price $269,900 MLS Buyer Agent Full Name 020647 Jlillis@wkre com MLS Original List Price $269,900 MLS Buyer Office Name WK REAL ESTATE MLS Listing # 3925716 MLS Source History REcolorado MLS Status Closed MLS Listing Price $239,900 MLS Orig Listing Price $239,900 MLS Listing Close Price $210,000 MLS Listing Date 12/04/2019 MLS Close Date 01/16/2020 LAST MARKET SALE & SALES HISTORY Sale Date 03/06/2020 Deed Type Special Warranty Deed Sale Price $269,900 Owner Name Stockwell Theodore IV Price per SqFt Finished $288 66 Seller Left Hand Homes LLC Document Number 29113 Sale Date 03/06/2020 01/16/2020 05/31/2002 07/23/2001 07/23/2001 Sale Price $269,900 $210,000 $139,500 Nominal Y Buyer Stockwell Theodore IV Left Hand Homes LLC Mrkvicka Margaret J Spurny Petr Spurny Lara C & Petr Buyer Spurny Petr Seller Left Hand Homes LLC Mrkvicka Margaret J Spurney Petr & Lara C Spurny Petr Owner Record Document Number 29113 9520 F1499522 F1404815 F1404815 Document Type Special Warranty Deed Special Warranty Deed Warranty Deed Quit Claim Deed Joint Tenant Quit Clai m Deed Title Company First American Title Ins urance First American Title Land Title Guarantee First American Title Sale Date 05/31/2001 03/31/1999 09/28/1998 Sale Price $133,750 $103,000 $95,320 Nominal Buyer Spurny Petr Tracy Daniel M & Karen C Remillard Jane L Buyer Tracy Karen C Seller Tracy Karen C & Daniel M Remillard Jane L D R Horton Inc Denver Document Number F1250461 F0839439 F0710495 Document Type Warranty Deed Warranty Deed Special Warranty Deed Title Company First American Heritage Title Security Title & Guaranty Co. MORTGAGE HISTORY Mortgage Date 03/13/2020 01/24/2020 08/30/2004 06/10/2002 06/06/2001 Mortgage Amount $216,920 $168,000 $74,500 $61,500 $107,000 Mortgage Lender Quicken Lns Inc Cost Fund 1 LLC Denver Mtg Co First Franklin Fin'l Corp Long Bch Mtg Co Borrower Stockwell Theodore IV Left Hand Homes LLC Mrkvicka Margaret J Mrkvicka Margaret J Spurny Petr Borrower Mortgage Type Conventional Conventional Conventional Conventional Mortgage Purpose Resale Construction Refi Resale Resale Mortgage Int Rate 8 625 Mortgage Int Rate Type Fixed Rate Loan Adjustable Int Rate Loa n Adjustable Int Rate Loa n Mortgage Term 30 1 30 30 30 Mortgage Term Years Years Years Years Years Title Company Security Title Co Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/18/22 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
Mortgage Date 04/05/1999 10/07/1998 Mortgage Amount $82,400 $76,250 Mortgage Lender Countrywide Hm Lns Inc Ch Mtg Co I Ltd Lp Borrower Tracy Daniel M Remillard Jane L Borrower Tracy Karen C Mortgage Type Conventional Conventional Mortgage Purpose Resale 1st Time Sale Mortgage Int Rate Mortgage Int Rate Type Mortgage Term Mortgage Term Title Company PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Christopher Wanless, REcolorado Generated on:08/18/22 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
Online Valuation Analysis How accurate are Zestimates? 1.5% $5,200 Zestimates varied up to 1.5% or $5,200 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 10266 W 59th Place 3 $359,000 11624 W 62nd Place 201 $397,000 $397,003 0 0% P ADDRESS PRICE ZESTIMATE DIFFERENCE 10734 W 63rd Place 206 $315,000 $315,001 0 0% 10734 W 63rd Place 202 $325,000 $327,200 0.7% S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 10784 W 63rd Place 203 8/4/22 $317,900 $318,200 0 1% 10734 W 63rd Place 205 3/28/22 $340,000 $345,200 1.5% 10336 W 55th Place 204 5/31/22 $460,000 $460,000 0.0% 10380 W 55th Lane 203 6/15/22 $475,000 $474,900 0 0% 10380 W 55th Lane 201 7/28/22 $476,000 $476,700 0.1% 10380 W 55th Lane 204 7/8/22 $481,000 $481,000 0 0% Source: Zillow 2 Active 2 Pending 6 Sold Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 5
Map of Comparable Listings STATUS: A = ACTIVE P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 6310 Oak St 2 2.00 935 2 9820238 A 10266 W 59th Place 3 2 1.00 868 $359,000 3 2713108 A 11624 W 62nd Place 201 2 2 00 1,244 $397,000 4 2719058 P 10734 W 63rd Place 206 2 2 00 935 $315,000 5 4756120 P 10734 W 63rd Place 202 2 2 00 935 $325,000 6 2227656 S 10784 W 63rd Place 203 2 2.00 935 $317,900 7 9677763 S 10734 W 63rd Place 205 2 2.00 935 $340,000 8 8589035 S 10336 W 55th Place 204 2 2.00 1,313 $460,000 9 1816769 S 10380 W 55th Lane 203 2 2.00 1,313 $475,000 10 3410493 S 10380 W 55th Lane 201 2 2 00 1,313 $476,000 11 9646602 S 10380 W 55th Lane 204 2 2 00 1,313 $481,000 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 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 10266 W 59th Place 3 2 1.00 868 $359,000 $414 11624 W 62nd Place 201 2 2 00 1,244 $397,000 $319 Averages 1,056 $378,000 $366 P PENDING LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 10734 W 63rd Place 206 2 2 00 935 $315,000 $337 10734 W 63rd Place 202 2 2.00 935 $325,000 $348 Averages 935 $320,000 $342 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 10784 W 63rd Place 203 8/4/22 2 2 00 935 $317,900 $340 10734 W 63rd Place 205 3/28/22 2 2.00 935 $340,000 $364 10336 W 55th Place 204 5/31/22 2 2 00 1,313 $460,000 $350 10380 W 55th Lane 203 6/15/22 2 2 00 1,313 $475,000 $362 10380 W 55th Lane 201 7/28/22 2 2 00 1,313 $476,000 $363 10380 W 55th Lane 204 7/8/22 2 2 00 1,313 $481,000 $366 Averages 1,187 $424,983 $357 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 7
Listings Christopher Wanless The Bartic Group
10266 W 59th Place 3 Arvada, CO 80004 MLS #9820238 $359,000 2 Beds 1.00 Baths 868 Sq. Ft. ($414 / sqft) ACTIVE 7/7/22 Year Built 1959 Days on market: 23 Details Prop Type: Condominium County: Jefferson Subdivision: 59th Ave Twnhms Condos Ph 8 Full baths: 1.0 Lot Size (sqft): Garages: 1 List date: 7/7/22 Updated: Aug 8, 2022 7:07 AM List Price: $359,000 Orig list price: $369,000 Taxes: $1,388 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Allendale Features Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer Association Yn: false Building Area Source: Public Records Construction Materials: Brick, Frame Cooling: Other Flooring: Carpet, Laminate Heating: Forced Air Levels: One Listing Terms: Cash, Conventional Living Area Total: 868 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 1 Property Condition: Updated/Remodeled Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse Tax Legal Description: SECTION 09 TOWNSHIP 03 RANGE 69 QTR SE SUBDIVISIONCD 002168 SUBDIVISIONNAME 59TH AVENUE TOWNHOMES CONDOS PHASE 8 BLOCK 009 LOT 0035 TRACT Tax Year: 2021 Water Source: Public Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 9
Remarks Beautifully UPDATED townhouse style condo in great Arvada location! Enter into the bright, open floor plan with new luxury vinyl plank flooring, new paint, and new fixtures throughout. The kitchen features new quartz counters, custom tile backsplash and fresh white cabinets. Light floods in through the glass doors to the new back patio. This home offers 2 bedrooms with new carpet, as well as an updated full bathroom. Brand new furnace, newer fence, plus a 1-car garage. This is a perfect starter home or possible investment property. Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 10
10266 W 59th Place 3 Arvada, CO 80004 MLS #9820238 $359,000 2 Beds 1.00 Baths 868 Sq. Ft. ($414 / sqft) ACTIVE 7/7/22 Year Built 1959 Days on market: 23 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 11
11624 W 62nd Place 201 Arvada, CO 80004 MLS #2713108 $397,000 2 Beds 2.00 Baths 1,244 Sq. Ft. ($319 / sqft) ACTIVE 7/5/22 Year Built 2003 Days on market: 42 Details Prop Type: Condominium County: Jefferson Subdivision: Ralston Station Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 1,244 Garages: 1 List date: 7/5/22 Updated: Aug 16, 2022 10:17 AM List Price: $397,000 Orig list price: $430,000 Assoc Fee: $275 Taxes: $2,226 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Vanderhoof Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water Association Name: Keystone Association Phone: 303 369 0800 Association Yn: true Building Area Source: Public Records Common Walls: End Unit, No One Above, 1 Common Wall Construction Materials: Brick, Wood Siding Cooling: Central Air Exterior Features: Balcony, Playground, Rain Gutters Fencing: Partial Fireplace Features: Gas, Gas Log, Living Room Fireplaces Total: 1 Flooring: Carpet, Vinyl Furnished: Unfurnished Heating: Electric, Forced Air, Hot Water, Natural Gas Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 12
Interior Features: Breakfast Nook, High Ceilings, Open Floorplan, Smoke Free, Vaulted Ceiling(s) Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1244 Lot Features: Landscaped, Near Public Transit Main Level Bathrooms: 2 Main Level Bedrooms: 2 Other Equipment: Satellite Dish Parking Total: 2 Patio And Porch: Covered, Deck Roof: ShinglesArchitectural Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 08 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 627125 004CRALSUBDIVISIONNAMESTONSTATIONONDOSPHIBLOCKLOT0201TRACT Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Remarks Welcome home to this spacious two-bedroom/two-bathroom condo among the trees! Upon entry, you will find a very open yet inviting living room with balcony access and a fireplace. The kitchen provides plenty of counter space and storage to comfortably cook a meal and a lovely eat-in nook to enjoy it! The primary bedroom, located in the front of the space is complete with an ensuite 3/4 bathroom! A secondary bedroom and full bathroom round out this home providing ample space and privacy. Close proximity to several parks, Old Town Arvada, the lite rail station, and many restaurants put you close to the fun of Arvada! Schedule a tour and check out this charmer for yourself! Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 13
11624 W 62nd Place 201 Arvada, CO 80004 MLS #2713108 $397,000 2 Beds 2.00 Baths 1,244 Sq. Ft. ($319 / sqft) ACTIVE 7/5/22 Year Built 2003 Days on market: 42 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 14
10734 W 63rd Place 206 Arvada, CO 80004 MLS #2719058 $315,000 2 Beds 2.00 Baths 935 Sq. Ft. ($337 / sqft) PENDING 7/30/22 Year Built 1999 Days on market: 2 Details Prop Type: Condominium County: Jefferson Subdivision: Grace Place Full baths: 2 0 Lot Size (sqft): List date: 7/28/22 Pending date: 7/30/22 Off-market date: 7/30/22 Updated: Aug 2, 2022 2:59 AM List Price: $315,000 Orig list price: $315,000 Assoc Fee: $195 Taxes: $1,903 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Allendale Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water Association Name: Grace Place II Association Phone: 303-457 1444 Association Yn: true Building Area Source: Public Records Construction Materials: Wood Siding Cooling: Central Air Exterior Features: Balcony Flooring: Carpet, Laminate, Tile Heating: Forced Air Interior Features: Ceiling Fan(s), Pantry, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan Living Area Total: 935 Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 1 Patio And Porch: Covered Roof: Composition Security Features: Carbon Monoxide Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 15
Tax Legal Description: SECTION 09 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 293465 012BLDGGRASUBDIVISIONNAMECEPLACEIICONDO121STSUPPBLOCKLOT0206TRACT Tax Year: 2021 Water Source: Public Window Features: Double Pane Windows
Remarks Welcome home to your two bed and two bath, well lit, 935 sq ft condo in Grace Place. When you enter this home you will find new fresh paint and carpet. The living room is a perfect place for entertaining your friends and family. Grab your coffee or cocktail and head out on your enclosed balcony for some Colorado air. This balcony also includes a storage closet. Once back inside, you might want to grab a quick snack or cook a fantastic meal in your bright and clean kitchen. The dining room off of the kitchen will allow you to serve your guests your favorite meal. Walking down the hallway, you will find bathroom number one which includes a shower and tub along with linen closet. This unit includes a washer and dryer for all your laundry needs. The owners suite includes a large walk in closet, and the ensuite bath is the perfect space for relaxing. The second bedroom is a great space for either a bedroom or work from home office! You will enjoy Allendale Park and nearby Oak Park for some exercise and great playgrounds, trails, and bike routes. Olde Town Arvada is a quick 7 minute drive to enjoy restaurants, bars and seasonal farmer's market. Easy access to I-70 or hop on the G-line light rail to downtown Denver. You are going to love living here!
Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 16
10734 W 63rd Place 206 Arvada, CO 80004 MLS #2719058 $315,000 2 Beds 2.00 Baths 935 Sq. Ft. ($337 / sqft) PENDING 7/30/22 Year Built 1999 Days on market: 2 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 17
10734 W 63rd Place 202 Arvada, CO 80004 MLS #4756120 $325,000 2 Beds 2.00 Baths 935 Sq. Ft. ($348 / sqft) PENDING 7/26/22 Year Built 1999 Days on market: 32 Details Prop Type: Condominium County: Jefferson Subdivision: Grace Place Full baths: 2 0 Lot Size (sqft): List date: 6/24/22 Pending date: 7/26/22 Off-market date: 7/26/22 Updated: Jul 28, 2022 5:59 AM List Price: $325,000 Orig list price: $350,000 Assoc Fee: $195 Taxes: $1,614 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Allendale Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Park Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Association Name: Grace Place II Association Phone: (303) 457 1444 Association Yn: true Building Area Source: Public Records Construction Materials: Brick, Concrete, Frame, Rock Cooling: Central Air Exterior Features: Balcony Fireplace Features: Gas, Gas Log, Living Room Fireplaces Total: 1 Flooring: Carpet, Laminate, Linoleum Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Laminate Counters, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Walk In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan Living Area Total: 935 Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 2 Roof: Composition Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 18
Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 09 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 293465 012BLDGGRASUBDIVISIONNAMECEPLACEIICONDO121STSUPPBLOCKLOT0202TRACT Tax Year: 2020 Water Source: Public Window Features: Double Pane Windows, Window Coverings Remarks PRICE DROP! Beautifully updated west-facing condo in the Grace Place subdivision just minutes away from Olde Town Arvada! This naturally lit 2 BDRM, 2 BTH, 935 SF condo invites you into the open living space, ideal for hanging out or catching up with friends and family. Gas fireplace and new lighting allow you to create any ambiance and bring warmth to the home. The kitchen offers a new SS refrigerator, wrap-around countertops , and updated cabinetry making storage and meal prep easy. New sinks, new ceiling fans, hardwood plank flooring, new AC unit (still under warranty) and newer water heater and furnace all give peace of mind. Owners suite with a walk-in closet, and ensuite bath is the perfect space for the owner to relax and recharge and makes getting ready for the day a breeze. The second bedroom is great for any space you need, from another bedroom to a work-from-home space! Adjacent full bath is an added bonus!In-unit laundry takes on all your laundry needs. Balcony off the living space allows the owner to enjoy the beautiful Colorado weather and offers convenient outdoor storage space. Allendale park and nearby Oak Park provide great opportunities to get in some fresh air and exercise for adults and kids with many playgrounds, trails and bike routes. 7-minute drive to Olde Town Arvada to experience the local scene consisting of amazing restaurants, bars, seasonal farmer's market, and much more! It's easy getting around town with close access to I70, or hop on the G-line light rail into downtown Denver or head west into Golden. These units are rare, so come check out this don't miss opportunity! Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 19
10734 W 63rd Place 202 Arvada, CO 80004 MLS #4756120 $325,000 2 Beds 2.00 Baths 935 Sq. Ft. ($348 / sqft) PENDING 7/26/22 Year Built 1999 Days on market: 32 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 20
10784 W 63rd Place 203 Arvada, CO 80004 MLS #2227656 $317,900 2 Beds 2.00 Baths 935 Sq. Ft. ($340 / sqft) CLOSED 8/4/22 Year Built 1999 Days on market: 12 Details Prop Type: Condominium County: Jefferson Subdivision: Grace Place Full baths: 2 0 Lot Size (sqft): List date: 6/16/22 Sold date: 8/4/22 Off-market date: 7/12/22 Updated: Aug 17, 2022 5:51 AM List Price: $309,900 Orig list price: $309,900 Assoc Fee: $195 Taxes: $1,714 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Allendale Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Washer Association Fee Frequency: Monthly Association Name: Grace Place ll Condominium Association C/o Homeste Association Phone: 303-457 1444 Association Yn: true Concessions: No Construction Materials: Frame Cooling: Central Air Exterior Features: Balcony Flooring: Carpet, Laminate Heating: Forced Air Levels: Three Or More Listing Terms: Cash, Conventional Living Area Total: 935 Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Features: Asphalt Parking Total: 2 Roof: Composition Security Features: Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 09 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 293460 02BLDGGRASUBDIVISIONNAMECEPLACEIICONDO13BLOCK013LOT03TRACT Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 21
Tax Year: 2020 Virtual Tour: View Water Source: Public Remarks Imagine having your morning coffee on the west facing balcony of this very well maintained second floor condo. This unit is has ample cabinet space, a large master suite with full attached bath, and another full bathroom is just across a spacious second bedroom. The lot has ample parking right in front of the unit Allendale Park is only a 5 minute walk away. Less than 10 minutes from Olde Town Arvada, you don't want to miss this gem! Schedule your showing today! Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 22
10784 W 63rd Place 203 Arvada, CO 80004 MLS #2227656 $317,900 2 Beds 2.00 Baths 935 Sq. Ft. ($340 / sqft) CLOSED 8/4/22 Year Built 1999 Days on market: 12 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 23
10734 W 63rd Place 205 $340,000 364 / sqft) CLOSED 3/28/22 Details Prop Type: Condominium County: Jefferson Subdivision: Grace Place Style: Contemporary Full baths: 2 0 Lot Size (sqft): List date: 3/3/22 Sold date: 3/28/22 Off-market date: 3/8/22 Updated: Mar 28, 2022 7:48 AM Taxes: $1,591 School District: Jefferson County R-1 Features Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water Association Name: Grace Place II Association Phone: 303-457 1444 Association Yn: true Building Area Source: Public Records Building Name: Grace Place Common Walls: End Unit Concessions: No Construction Materials: Wood Siding Cooling: Central Air Exterior Features: Balcony Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Carpet, Tile Heating: Forced Air Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, Primary Suite, Walk-In Closet(s) Laundry Features: In Unit, Laundry Closet Levels: One Listing Terms: 1031 Exchange, Cash, Conventional Living Area Total: 935 Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 1 Patio And Porch: Deck Roof: Composition Senior Community Yn: false Sewer: Public Sewer Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 24
Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 09 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 293465 012BLDGGRASUBDIVISIONNAMECEPLACEIICONDO121STSUPPBLOCKLOT0205TRACT Tax Year: 2020 Water Source: Public Remarks Come and see this SUPER sharp 2 bedroom, 2 bath second floor condo in Grace Place! Beautiful kitchen has tile floors, granite countertops, glass tile backsplash, refrigerator, microwave oven and dishwasher. Nice sized living room has a gas fireplace and a deck that is perfect for enjoying the morning sunshine! Central A/ C and low HOA Dues. Large master bathroom had a large walk-in closet with shelving. There is a marked parking spot for unit 205. This unit is very spacious and bright and would make a great rental property or a perfect place to call home for a first time home buyer! Grace Place Condominium Complex is centrally located in Arvada making it easy to get to the mountains, bus line, shopping and downtown Arvada. Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 25
10734 W 63rd Place 205 Arvada, CO 80004 MLS #9677763 $340,000 2 Beds 2.00 Baths 935 Sq. Ft. ($364 / sqft) CLOSED 3/28/22 Year Built 1999 Days on market: 5 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 26
10336 W 55th Place 204 Arvada, CO 80002 MLS #8589035 $460,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($350 / sqft) CLOSED 5/31/22 Year Built 2005 Days on market: 3 Details Prop Type: Condominium County: Jefferson Subdivision: Skyline Estates Style: Contemporary Full baths: 2 0 Lot Size (sqft): Garages: 1 List date: 4/28/22 Sold date: 5/31/22 Off-market date: 5/1/22 Updated: May 31, 2022 9:12 AM List Price: $460,000 Orig list price: $460,000 Assoc Fee: $200 Taxes: $2,181 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Vanderhoof Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Clubhouse, Playground, Pool, Spa/Hot Tub Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: Skyline Estates Association Phone: 303-224 0004 Association Yn: true Building Area Source: Public Records Common Walls: No One Above Concessions: No Construction Materials: Frame Cooling: Central Air Exterior Features: Balcony, Playground, Spa/ Hot Tub Fireplace Features: Gas, Living Room Fireplaces Total: 1 Flooring: Vinyl, Wood Furnished: Unfurnished Heating: Forced Air, Heat Pump Interior Features: High Ceilings, Kitchen Island, Laminate Counters, Open Floorplan, Primary Suite, Smoke Free Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 27
Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional Living Area Total: 1313 Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 1 Pool Features: Outdoor Pool Property Condition: Updated/Remodeled Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse Tax Legal Description: SECTION 16 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 688873 00CSKSUBDIVISIONNAMEYLINEESTATESONDOSBLDGVBLOCKVLOT0204TRACT Tax Year: 2020 Water Source: Public Window Features: Double Pane Windows, Window Coverings Remarks Welcome to this beautiful and well-maintained 2 bedroom, 2 bathroom condo in the desirable Skyline Estates community. This home features an open floor plan with luxury vinyl plank flooring throughout and abundant natural light. The open kitchen has white cabinets, stainless appliances and a kitchen island with breakfast bar. The living room has a gas fireplace and leads out to the private balcony. The spacious primary bedroom features an ensuite full bathroom with double vanity and walk-in closet. Second bedroom is adjacent to another full bath. The attached 1 car garage makes parking a breeze. Don't miss the community clubhouse, pool, hot tub and community playground. Amazing Arvada location with convenient access to shopping, parks, Arvada lightrail station, Olde Town Arvada and I-70. Nothing to do but move in and enjoy! Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 28
10336 W 55th Place 204 Arvada, CO 80002 MLS #8589035 $460,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($350 / sqft) CLOSED 5/31/22 Year Built 2005 Days on market: 3 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 29
10380 W 55th Lane 203 Arvada, CO 80002 MLS #1816769 $475,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($362 / sqft) CLOSED 6/15/22 Year Built 2005 Days on market: 3 Details Prop Type: Condominium County: Jefferson Subdivision: Skyline Estates 3/4 Baths: 2 0 Lot Size (sqft): Garages: 1 List date: 5/13/22 Sold date: 6/15/22 Off-market date: 5/16/22 Updated: Jun 15, 2022 10:34 AM List Price: $475,000 Orig list price: $475,000 Assoc Fee: $2,400 Taxes: $2,168 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Vanderhoof Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator Association Amenities: Playground, Pool, Spa/ Hot Tub Association Fee Frequency: Annually Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Trash, Water Association Name: Skyline Estates Association Phone: 303-224 0004 Association Yn: true Building Area Source: Public Records Concessions: Buyer Credit/Incentives Concessions Amount: 1200 Construction Materials: Brick Cooling: Central Air Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Entry Location: Exterior Access Exterior Features: Balcony Fireplace Features: Living Room Fireplaces Total: 1 Heating: Forced Air Laundry Features: In Unit Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 30
Levels: One Listing Terms: Cash, Conventional Living Area Total: 1313 Lot Features: Near Public Transit Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 1 Pets Allowed: Cats OK, Dogs OK Pool Features: Outdoor Pool Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 16 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 688858 00NCSKSUBDIVISIONNAMEYLINEESTATESONDOSBLDGNBLOCKLOT0203TRACT Tax Year: 2020 Utilities: Electricity Connected, Natural Gas Connected, Phone Available View: Mountain(s) Water Source: Public Remarks PICTURES COMING FRIDAY AFTERNOON. This fully updated 2 bedroom, 2 bathroom condo in Arvada has all the space you need! Walk in to the open concept living area- with the kitchen overlooking the main living room. The gas fireplace gives the space warmth as you walk out to the private patio with mountain views. This unit has new countertops, new appliances and new electrical & plumbing fixtures. There is a one-car attached garage with additional parking in the driveway. You'll be able to enjoy the community clubhouse, pool, hot tub and playground. The location is central to all you need in Arvada- Olde Town, the Apex Center, the Stenger Sports Complex and the bus and light rail stop Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 31
10380 W 55th Lane 203 Arvada, CO 80002 MLS #1816769 $475,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($362 / sqft) CLOSED 6/15/22 Year Built 2005 Days on market: 3 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 32
10380 W 55th Lane 201 Arvada, CO 80002 MLS #3410493 $476,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($363 / sqft) CLOSED 7/28/22 Year Built 2005 Days on market: 18 Details Prop Type: Condominium County: Jefferson Subdivision: Skyline Estates 3/4 Baths: 2 0 Lot Size (sqft): Garages: 1 List date: 6/10/22 Sold date: 7/28/22 Off-market date: 6/28/22 Updated: Aug 1, 2022 4:08 AM List Price: $485,000 Orig list price: $485,000 Assoc Fee: $2,400 Taxes: $2,168 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Vanderhoof Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator Association Amenities: Playground, Pool, Spa/ Hot Tub Association Fee Frequency: Annually Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Trash, Water Association Name: Skyline Estates Association Phone: 303-224 0004 Association Yn: true Building Area Source: Public Records Common Walls: End Unit Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 1700 Construction Materials: Brick, Wood Siding Cooling: Central Air Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Exterior Features: Balcony Fireplace Features: Living Room Fireplaces Total: 1 Foundation Details: Concrete Perimeter Heating: Forced Air Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 33
Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1313 Lot Features: Near Public Transit Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 1 Patio And Porch: Covered Pets Allowed: Cats OK, Dogs OK Pool Features: Outdoor Pool Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 16 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 688858 00NCSKSUBDIVISIONNAMEYLINEESTATESONDOSBLDGNBLOCKLOT0201TRACT Tax Year: 2020 Utilities: Electricity Connected, Natural Gas Connected, Phone Available View: Mountain(s) Water Source: Public Remarks An amazing fully remodeled unit in the great Skyline Estates community! This bright 2 bedroom, 2 bathroom condo features an updated kitchen overlooking the main living room. The gas fireplace gives the space warmth as you walk out to the oversized private patio with mountain views. The bedrooms and bathrooms have new electrical and plumbing fixtures. There is a one-car attached garage with additional parking in the driveway. You'll also enjoy the in-unit laundry room! The community includes a clubhouse, pool, hot tub and playground for summer entertainment. The location is central to all you need in ArvadaOlde Town, the Apex Center, Stenger Sports Complex, the bus & light rail stop and it is close to I-70 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 34
10380 W 55th Lane 201 Arvada, CO 80002 MLS #3410493 $476,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($363 / sqft) CLOSED 7/28/22 Year Built 2005 Days on market: 18 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 35
10380 W 55th Lane 204 Arvada, CO 80002 MLS #9646602 $481,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($366 / sqft) CLOSED 7/8/22 Year Built 2005 Days on market: 4 Details Prop Type: Condominium County: Jefferson Subdivision: Skyline Estates 3/4 Baths: 2 0 Lot Size (sqft): Garages: 1 List date: 6/2/22 Sold date: 7/8/22 Off-market date: 6/6/22 Updated: Jul 10, 2022 7:40 AM List Price: $475,000 Orig list price: $475,000 Assoc Fee: $2,400 Taxes: $2,181 School District: Jefferson County R-1 High: Arvada West Middle: Drake Elementary: Vanderhoof Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator Association Amenities: Playground, Pool, Spa/ Hot Tub Association Fee Frequency: Annually Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Trash, Water Association Name: Skyline Estates Association Phone: 303-224 0004 Association Yn: true Building Area Source: Public Records Concessions: No Construction Materials: Brick, Wood Siding Cooling: Central Air Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Exterior Features: Balcony Fireplace Features: Living Room Fireplaces Total: 1 Foundation Details: Concrete Perimeter Heating: Forced Air Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1313 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 36
The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 37
Lot Features: Near Public Transit Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 1 Patio And Porch: Covered Pets Allowed: Cats OK, Dogs OK Pool Features: Outdoor Pool Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: SECTION 16 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 688858 00NCSKSUBDIVISIONNAMEYLINEESTATESONDOSBLDGNBLOCKLOT0204TRACT Tax Year: 2020 Utilities: Electricity Connected, Natural Gas Connected, Phone Available View: Mountain(s) Water Source: Public Remarks
80004 Christopher
An amazing fully remodeled unit in the great Skyline Estates community! This bright 2 bedroom, 2 bathroom condo features an updated kitchen overlooking the main living room. The gas fireplace gives the space warmth as you walk out to the private patio with mountain views. The bedrooms and bathrooms have new electrical and plumbing fixtures. There is a one-car attached garage with additional parking in the driveway. You'll also enjoy the in-unit laundry room! The community includes a clubhouse, pool, hot tub and playground for summer entertainment. The location is central to all you need in Arvada- Olde Town, the Apex Center, Stenger Sports Complex, the bus & light rail stop and it is close to I-70 Arvada, Colorado Wanless
Comparative Market Analysis 6310 Oak Street,
10380 W 55th Lane 204 Arvada, CO 80002 MLS #9646602 $481,000 2 Beds 2.00 Baths 1,313 Sq. Ft. ($366 / sqft) CLOSED 7/8/22 Year Built 2005 Days on market: 4 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 38
Analysis Christopher Wanless The Bartic Group
Comparable Property Statistics A 2 Active Listings P 2 Pending Listings S 6 Sold Listings LOWEST $359,000 AVERAGE $378,000 HIGH $397,000 AVG PRICE / SQFT $366 AVG DOM 32 LOWEST $315,000 AVERAGE $320,000 HIGH $325,000 AVG PRICE / SQFT $342 AVG DOM 17 LOWEST $317,900 AVERAGE $424,983 HIGH $481,000 AVG PRICE / SQFT $357 AVG DOM 7 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 40
Sold Property Analysis Averages 100.8% Homes sold for an average of 100 8% of their list price. 7 Days on market It took an average of 7 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 10784 W 63rd Place 203 $309,900 $317,900 102.58% 12 $340 10734 W 63rd Place 205 $325,000 $340,000 104 62% 5 $364 10336 W 55th Place 204 $460,000 $460,000 100 00% 3 $350 10380 W 55th Lane 203 $475,000 $475,000 100 00% 3 $362 10380 W 55th Lane 201 $485,000 $476,000 98.14% 18 $363 10380 W 55th Lane 204 $475,000 $481,000 101.26% 4 $366 Averages $421,650 $424,983 100.79% 7 $357 Comparative Market Analysis 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 41
Suggested List Price Analysis of the comparable properties suggests a list price of: $370,000 $395 / sqft Comparable Averages per Status A 2 Active $378,000 $366 / sqft 32 Days on Market P 2 Pending $320,000 $342 / sqft 17 Days on Market S 6 Sold $424,983 $357 / sqft $424,983 $357 / sqft 7 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 6310 Oak Street, Arvada, Colorado 80004 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 42
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
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%
☐ The first two weeks of marketing are crucial.
☐ The market never lies, but it can change its mind.
at Keller Williams Integrity
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.
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.
☐ Fair market value attracts buyers, overpricing never does.
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.
ACTIVITY 1
TIME
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.
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
at Keller Williams Integrity
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