Digital CMA 1497 Waldenwood Dr, Highlands Ranch, CO.

at Keller Williams Integrity

Comparative Market Analysis

Joe Smith

Donny Stager

This week the median list price for Highlands Ranch, CO is $730,000 with the market action index hovering around 56

This is an increase over last month's market action index of 54 Inventory has decreased to 127

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory

Buyer's

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI If the market heats up, prices are likely to resume an upward climb.

Market Segments

Highlands Ranch, CO

Real-Time Market Profile

Median List Price $730,000

Median Price of New Listings $727,450

Per Square Foot $246 Average Days on Market 46

Median Days on Market 35

Price Decreased 65%

Price Increased 2% Relisted 4% Inventory 127 Median Rent $2,825 Market Action 56

Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Highlands Ranch, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

$700K

$600K

$500K

Oct

Segments

7-Day Average 90-Day Average

Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.

$1.8M

$250K

Top 90-Day

Upper 90-Day Lower 90-Day Bottom 90-Day

Ranch, CO

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money

$250

$150

Oct

Inventory

7-Day Average 90-Day Average

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-Day Average 90-Day Average

Ranch, CO

Market Action Index

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

7-Day Average 90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

Highlands Ranch, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 34 days. Half of the listings have come newly on the market in the past 26 or so days. Watch the 90-day DOM trend for signals of a changing market.

Oct

Segments

7-Day Average 90-Day Average

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Top 90-Day

90-Day

90-Day

90-Day

OWNER INFORMATION

Owner Name Cardinal Amy J

Mailing ZIP 4 8912

Mailing Address 4719 Waldenwood Dr Mailing Carrier Route R010

Mailing City & State Highlands Ranch, CO Owner Occupied Yes

Mailing Zip 80130

LOCATION INFORMATION

Property Zip 80130

Census Tract 141 46

Property Zip4 8912 Neighborhood Code 260 260

Property Carrier Route R010 Neighborhood Name (OnBoard) Eastridge

School District Douglas County Re 1 Township 06

Elementary School Arrowood Range 67

Middle School Cresthill Section 18 High School Highlands Ranch Quarter NW Subdivision Highlands Ranch Block 25 Zoning PDU Lot 151

TAX INFORMATION

PIN R0412362

% Improved 76%

Alternate PIN 223118225030 Tax District 3602

Schedule Number 0412362

Legal Description LOT 151 HIGHLANDS RANCH #122 H 0.129 AM/L

ASSESSMENT & TAX

Assessment Year 2022 Preliminary 2021 2020 2019

Market Value Land $95,381 $95,381 $88,162 $88,162

Market Value Improved $299,561 $299,561 $284,370 $284,370

Market Value Total $394,942 $394,942 $372,532 $372,532

Assessed Value Land $6,630 $6,820 $6,300 $6,300

Assessed Value Improved $20,820 $21,420 $20,330 $20,330

Assessed Value Total $27,450 $28,240 $26,630 $26,630

YOY Assessed Change (%) 2 8% 6 05% 0%

YOY Assessed Change ($) $790 $1,610 $0

Tax Year

2019

Change

$9 0 37% 2021

2020

LAST MARKET SALE & SALES HISTORY

Sale Date 08/29/2003

Deed Type

Warranty Deed

Sale Price $219,500 Owner Name Cardinal Amy J

Price per SqFt Finished $129 42 Seller Deboer Joshua P & Jennifer G

Document Number 137416

Sale Date 11/18/2016 08/29/2003 06/27/2000 12/21/1999

Sale Price $219,500 $163,040 $352,700

Nominal Y

Buyer Cardinal Amy J Brady Amy J Deboer Joshua P & Jennifer G Oakwood Homes

Buyer Deboer Jennifer G

Seller Brady Amy J Deboer Joshua P & Jennifer G Oakwood Homes LLC Shea Homes

Document Number 84502 137416 1863 639 1793 1646

Document Type

Warranty Deed

Warranty Deed Warranty Deed Warranty Deed Title Company Title America Land Title Insurance Co. Multi/Split Sale Type Multi

MORTGAGE HISTORY

Mortgage Date 06/07/2016 01/04/2013 11/19/2004 11/19/2004 09/12/2003

Mortgage Amount $70,500 $170,955 $47,000 $188,000 $216,093

Mortgage Lender Jp Morgan Chase Bk N a Jp Morgan Chase Bk American Mtg Network Inc American Mtg Network Inc America's Mtg LLC

Borrower Brady Amy J Brady Amy J Brady Amy J

Borrower

Brady Amy J Brady Amy J

Mortgage Type Conventional Conventional Conventional Conventional Fha

Mortgage Purpose Refi Refi Refi Refi Resale

Mortgage Int Rate 4 875 4

Mortgage Int Rate Type Fixed Rate Loan Adjustable Int Rate Loa n Adjustable Int Rate Loa n

Mortgage Term 35 30 30 30 30

Mortgage Term Years Years Years Years Years Title Company Chicago Title Serviceli nk Div Commonwealth Title C o Commonwealth Title C o

Mortgage Date 04/21/2003 11/19/2001 05/03/2001

Mortgage Amount $129,800 $126,500 $126,000

Mortgage Lender United Cap Mtg Provident Fndg Assocs Lp Provident Fndg Assocs Lp

Borrower Deboer Jennifer G Deboer Joshua P Deboer Joshua P

Borrower Deboer Joshua P Deboer Jennifer G Deboer Jennifer G

Mortgage Type Conventional Conventional Conventional

Mortgage Purpose Refi Refi Refi

Mortgage Int Rate 4 75

Mortgage Int Rate Type Adjustable Int Rate Loan

Mortgage Term 30 30 30

Mortgage Term Years Years Years Title Company Chicago Title Co Land Title Corp Land Title Corp

are

Property

Courtesy of Donald Stager, REcolorado

Online Valuation Analysis

Zestimates varied up to 2.9% or $16,160 compared to actual MLS prices.

ADDRESS PRICE ZESTIMATE DIFFERENCE

4697 Waldenwood Drive $644,900 $641,774 -0.5%

P ADDRESS PRICE ZESTIMATE DIFFERENCE

4946 Kingston Avenue $596,500 $587,000 -1.6%

ADDRESS SOLD DATE

SOLD PRICE ZESTIMATE DIFFERENCE

4581 Lyndenwood Circle 9/26/22 $555,000 $571,160 2.9%

4963 Collingswood Drive 8/31/22 $605,000 $607,700 0.4%

4779 Waldenwood Drive 9/9/22 $620,000 $620,500 0.1%

4727 Hunterwood Drive 9/15/22 $637,000 $638,200 0.2%

Zillow

Map of Comparable Listings

MLS

STATUS: A

ACTIVE P

PENDING S

CLOSED

BEDS BATHS SQFT PRICE

1 Subject 4719 Waldenwood Dr 80130 3 3.00 - -

2 7759663

3 9339857

4 9259895

5 9513701

6 6903273

1562838

4697 Waldenwood Drive 3 3.00 1,716 $644,900

4946 Kingston Avenue 3 3.00 1,805 $596,500

4581 Lyndenwood Circle 2 4.00 1,849 $555,000

4963 Collingswood Drive 3 3.00 1,511 $605,000

4779 Waldenwood Drive 3 3.00 1,605 $620,000

4727 Hunterwood Drive 3 3.00 1,649 $637,000

$644,900

ACTIVE 8/11/22

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Eastridge Style: Contemporary

Full baths: 2.0

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Association Amenities: Fitness Center, Park, Playground, Pool, Tennis Court(s), Trail(s)

Association Fee Frequency:

Quarterly Association Name: Highlands Ranch Community Association

Half baths: 1.0

Lot Size (sqft): 13,939

Garages: 2

List date: 8/11/22

Updated: Sep 19, 2022 6:07 AM

3 Beds 3.00 Baths

Year Built 2000

on market:

List Price: $644,900

Orig list price: $699,000

Assoc Fee: $156

Taxes: $3,033

School District: Douglas RE-1

High: Highlands Ranch

Middle: Cresthill

Elementary: Arrowwood

Association Phone: 303-791-2500

Association Yn: true

Basement: Interior Entry/ Standard, Partial, Unfinished

Below Grade Unfinished Area: 254.0

Building Area Source: Public Records

Construction Materials: Frame, Stone

Cooling: Central Air

Direction Faces: East

Exterior Features: Dog Run, Garden, Private Yard

Fencing: Full

Fireplace Features: Dining Room, Living Room

Fireplaces Total: 1

Flooring: Carpet, Tile, Wood

Heating: Forced Air, Natural Gas

Horse Yn: false

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Laminate Counters, Open Floorplan, Primary Suite, Walk-In Closet(s)

Levels: Two

Listing Terms: Cash, Conventional

Living Area Total: 1716

Lot Features: Cul-De-Sac, Landscaped, Level

Main Level Bathrooms: 1

Parking Features: Concrete, Dry Walled, Finished, Floor Coating

Parking Total: 2

Pets Allowed: Cats OK, Dogs OK

Road Frontage Type: Public Road

Remarks

Road Surface Type: Paved Roof: Concrete

Senior Community Yn: false Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 155 HIGHLANDS RANCH #122H 0.320 AM/L

Tax Year: 2021

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

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

Move in ready 3 Bedroom, 3 Bath home on 1/3-acre lot in the Eastridge neighborhood. The spacious living room and double-sided gas fireplace welcomes you in right from the front door. The dining room is open to the kitchen and living room as a central location for gathering and entertaining. The kitchen features tons of counter space, stainless steel appliances, an island with built-in dining table, and wood floors. The windows flood the main floor with natural light. There is a main level laundry room with full-sized washer and dryer included. Upstairs includes the primary suite with a full ensuite bath and walk-in closet with a custom organizer. There are 2 additional bedrooms, a full secondary bathroom and a huge loft perfect for a home office or playroom. Step out into the huge back yard that is awaiting your personalization. The unfinished basement is ready and waiting for your expansion needs. The man cave of a garage includes loft storage and an epoxy finished floor. The location is amazing with close proximity to restaurants, shops, parks, trails and walking distance to the Southridge Community Recreation Center. Easy access to 470, and I-25 for commuting. Come see all this home has to offer! If you have any questions, please email: boklein@comcast.net

Donny Stager

$596,500 3 Beds 3.00 Baths

PENDING 7/26/22

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Eastridge

Full baths: 1.0

3/4 Baths: 2.0

Features

Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Self Cleaning Oven

Association Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s)

Association Fee Frequency: Quarterly

Association Name: Highlands Ranch Association Phone: 303-791-2500

1,805 Sq. Ft. ($330 / sqft)

Year Built 1998 Days on market: 29

Lot Size (sqft): 4,138

Garages: 2

List date: 6/23/22

Pending date: 7/26/22

Off-market date: 7/26/22

Updated: Jul 28, 2022 3:04 AM

List Price: $596,500

Orig list price: $599,000

Assoc Fee: $142

Taxes: $2,594

School District: Douglas RE-1

High: Highlands Ranch Middle: Cresthill Elementary: Arrowwood

Association Yn: true

Basement: Finished

Building Area Source: Appraiser

Construction Materials: Brick, Frame, Wood Siding

Cooling: Central Air

Direction Faces: North

Flooring: Carpet, Wood Heating: Forced Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Levels: Multi/Split

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1805

Parking Features: Concrete

Parking Total: 2

Property Condition: Updated/Remodeled

Roof: Composition, Unknown

Senior Community Yn: false Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 372 HIGHLANDS RANCH #120C. 0.095 AM/L

Tax Year: 2021

Water Source: Public Window Features: Window Coverings, Window Treatments

Zoning: PDU

Remarks

The perfect move-in ready family home in the much sought-after Eastridge neighborhood of Highlands Ranch. Less than a 5 minute walk to Big Dry Creek Park and minutes from both Southridge and Eastridge Rec Centers! Walk into beautiful vaulted ceilings. The main floor is open and bright with an updated kitchen centered at the heart of the home complete with stainless steel appliances. Engineered wood floors run throughout the main floor and plantation shutters cover EVERY window throughout the house! White beadboard lines the way to the upstairs and chair rails in the bedrooms add extra character. The owner's suite has a four piece bath and walk-in closet. The newly finished basement makes for the perfect hangout space or a great "Guest Suite" with a 3/4 bathroom and separate closet space. There is also a large crawl space for storage. The beautifully mature backyard creates privacy, with patio that features a retractable awning for those warm summer days. The water heater and heating and cooling systems are LESS THAN ONE YEAR OLD so you can enjoy worry free living.

Lyndenwood

$555,000

Beds

CLOSED 9/26/22 Year

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Highlands Ranch

Full baths: 2.0 3/4 Baths: 1.0

Features

Association Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Spa/ Hot Tub, Tennis Court(s)

Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds

Association Name: HRCA Association Phone: (303) 791-8958

Half baths: 1.0

Lot Size (sqft): 4,487

Garages: 2

List date: 8/4/22

Sold date: 9/26/22

Off-market date: 8/25/22

Updated: Sep 26, 2022 8:29 AM

List Price: $575,000

Orig list price: $575,000

Assoc Fee: $52

Taxes: $2,632

School District: Douglas RE-1

High: Highlands Ranch Middle: Cresthill Elementary: Arrowwood

Association Yn: true Basement: Full

Below Grade Unfinished Area: 63.0

Building Area Source: Public Records

Concessions: No

Construction Materials: Wood Siding Cooling: Central Air

Heating: Forced Air Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1849

Main Level Bathrooms: 1

Parking Total: 2

Roof: Cement Shake

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 77 HIGHLANDS RANCH #122G .103 AM/L

Tax Year: 2021

Virtual Tour: View

Zoning: PDU

Remarks

Don't miss out on this beautifully updated, open floor plan, Highlands Ranch home! Must see to appreciate, there are to many features to list! Close distance to shopping, restaurants, parks and rec! You'll feel right at home with the open and warm vibes you get from the moment you walk in the front door. On the main floor is the living room, kitchen with gorgeous hard woods through out, a half bath and laundry. Upstairs is a large primary suite with a full bath, and a 2nd bedroom with a full bath. Retreat down to the finished basement that's easily set up as an entertainment area/ theatre, or install a closet to make a large bedroom with an attached 3/4 bath! Come relax in your outdoor oasis with a xeriscape yard, large deck, mature trees, a raised garden bed, and beautiful flowers!

Collingswood Drive

$605,000

3 Beds 3.00 Baths

1,511 Sq. Ft. ($400 / sqft)

CLOSED 8/31/22 Year Built 2000 Days on market: 2

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Highlands Ranch

Style: Contemporary Full baths: 2.0

Features

Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven

Association Amenities: Clubhouse, Fitness Center, Garden Area, Park, Playground, Pond Seasonal, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)

Association Fee Frequency: Quarterly

Half baths: 1.0

Lot Size (sqft): 6,229

Garages: 2

List date: 8/18/22

Sold date: 8/31/22

Off-market date: 8/20/22

Updated: Sep 1, 2022 2:55

AM

List Price: $589,900

Orig list price: $589,900

Assoc Fee: $156

Taxes: $2,805

School District: Douglas RE-1

High: Highlands Ranch Middle: Cresthill Elementary: Arrowwood

Association Name: Highlands Ranch Community Association

Association Phone: 303-471-8958

Association Yn: true

Builder Name: Richmond American Homes

Building Area Source: Public Records

Concessions: Buyer Closing Costs/Seller Points Paid

Concessions Amount: 7500

Construction Materials: Frame, Stucco

Cooling: Central Air

Direction Faces: West

Exterior Features: Private Yard

Fencing: Full Fireplace Features: Family Room

Fireplaces Total: 1

Flooring: Carpet, Laminate, Tile

Foundation Details: Concrete Perimeter

Furnished: Unfurnished

Heating: Forced Air, Natural Gas

Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1511

Lot Features: Open Space, Sprinklers In Front, Sprinklers In Rear

Remarks

Main Level Bathrooms: 1

Parking Features: Concrete, Lighted Parking Total: 2

Patio And Porch: Deck, Front Porch

Property Condition: Updated/Remodeled

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved

Roof: Spanish Tile

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

Senior Community Yn: false Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 239 HIGHLANDS RANCH #122H 0.143 AM/L

Tax Year: 2021

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

Virtual Tour: View

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

Zoning: PDU

Welcome home to this updated and very well cared for 3 bedroom, 3 bathroom home in Highlands Ranch. The generously sized lot backs to highly coveted open space with miles of trails leading to nearby parks, Southridge Rec center, schools, dog park and many more community amenities. Recent updates include a kitchen make over featuring gorgeous 42" cabinets, quartz counters, oversized sink basin, designer subway tile backsplash and stainless steel appliances. The gas stove/ oven and the microwave are just one year old and the refrigerator is included. Other updates include modernized lighting throughout, new smoke detectors throughout, automatic upper blinds and quality window treatments, newer ceiling fans, newer garbage disposal and fresh paint throughout the home. The LPV flooring is fairly new and offers an extremely durable product that is easy to maintain and offers a beautiful visual esthetic as well. Highlands Ranch residents enjoy over 2000 acres of dedicated open space, over 70 miles of paved and natural trails, four state of the art recreation centers, and 26 parks. The gem of Highlands Ranch is the 8200 acre Backcountry Wilderness area which includes over 11 miles of private natural surface trails open to HR community members and their guests. Look no further, this is the home you have been waiting for!

Donny

$620,000

Beds 3.00 Baths

Sq.

CLOSED 9/9/22 Year Built 2000 Days

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Highlands Ranch

Style: Contemporary Full baths: 2.0

Features

Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer

Association Amenities: Clubhouse, Fitness Center, Playground, Pool, Spa/Hot Tub, Tennis Court(s)

Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds

Half baths: 1.0

Lot Size (sqft): 5,837

Garages: 2

List date: 7/7/22

Sold date: 9/9/22

Off-market date: 8/13/22

Updated: Sep 9, 2022 2:56 PM

List Price: $625,000

Orig list price: $635,000

Assoc Fee: $156

Taxes: $2,794

School District: Douglas RE-1

High: Highlands Ranch Middle: Cresthill Elementary: Arrowwood

Association Name: HRCA

Association Phone: (303) 791-8958

Association Yn: true

Basement: Unfinished

Below Grade Unfinished Area: 239.0

Concessions: No

Construction Materials: Frame

Cooling: Central Air

Exterior Features: Fire Pit

Fireplace Features: Dining Room, Family Room

Flooring: Carpet, Vinyl

Heating: Forced Air Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1605

Main Level Bathrooms: 1

Parking Total: 2

Patio And Porch: Deck Roof: Concrete

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 145 HIGHLANDS RANCH #122H 0.134 AM/L

Tax Year: 2021

Virtual Tour: View

Water Source: Public

Zoning: PDU

Remarks

Welcome to this 3 bedroom plus loft light filled home! You will enjoy your luxury wide plank vinyl flooring and many other modern updates including the kitchen and bathrooms! Your new kitchen has plenty of space including a dining area with enlarged patio doors that lead out to your beautiful new Trex deck and cozy fire pit and gazebo. Upstairs you will find 3 bedrooms and a loft which makes a great movie room or flex space (could easily be converted to a 4th bedroom). Freshly painted inside and out with new flooring and carpet throughout, all you need to do is move right in!

Beds 3.00 Baths

CLOSED 9/15/22 Year Built 1999

on market:

Details

Prop Type: Single Family Residence County: Douglas Subdivision: Hawks Point Style: Traditional Full baths: 2.0

Features

Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Sump Pump, Washer

Association Fee Frequency: Quarterly

Association Name: HRCA

Association Phone: (303) 791-8958

Association Yn: true

Half baths: 1.0

Lot Size (sqft): 7,187

Garages: 2

List date: 8/11/22

Sold date: 9/15/22

Off-market date: 8/13/22

Updated: Sep 16, 2022 8:53 AM

List Price: $625,000

Orig list price: $625,000

Assoc Fee: $156

Taxes: $2,906

School District: Douglas RE-1

High: Highlands Ranch Middle: Cresthill Elementary: Arrowwood

Basement: Bath/Stubbed, Full, Unfinished

Below Grade Unfinished Area: 689.0

Building Area Source: Public Records

Common Walls: No Common Walls

Concessions: Buyer Credit/ Incentives Concessions Amount: 7000

Construction Materials: Brick, Frame

Cooling: Central Air

Exterior Features: Garden, Lighting, Private Yard, Rain Gutters, Smart Irrigation, Spa/Hot Tub, Water Feature

Fencing: Full

Fireplace Features: Other

Fireplaces Total: 1

Flooring: Carpet, Laminate

Foundation Details: Structural

Furnished: Unfurnished

Heating: Forced Air, Solar Laundry Features: In Unit Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1649

Lot Features: Irrigated, Landscaped

Main Level Bathrooms: 1

Parking Features: Concrete Parking Total: 2

Patio And Porch: Patio

Property Condition: Updated/Remodeled

Road Surface Type: Paved

Roof: Concrete

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

Senior Community Yn: false

Sewer: Community

Remarks

Structure Type: House

Tax Legal Description: LOT 174 HIGHLANDS RANCH #122H 0.165 AM/L

Tax Year: 2021

Water Source: Public Zoning: PDU

Beautifully remodeled home nestled on an oversized lot filled with mature landscaping. Welcome home to this gorgeous, bright, open floor plan consisting of a large family room, dining room, and kitchen with ample windows, charming custom indoor shutters, and an oversized sliding glass door bringing in tons of natural light. You will feel right at home the second you enter. The sliding glass door leads out to your oasis in the suburbs! This space is an entertainer's paradise, with multiple entertaining areas. Whether you choose to relax under the large pergola or under the lights of the custom patio. This yard does not disappoint. The space is huge, and private with beautiful landscaping, and don't forget the shed for extra storage. Upstairs your primary suite awaits you with beautiful updates in the master bath. Two additional bedrooms, full bath, plus a cozy loft or upstairs family room with an electric fireplace. Complete with main floor laundry room and 2-car garage, this home is the perfect family oasis in the heart of Highlands Ranch. Impeccable condition and completely turn key!

Donny

Comparable Property Statistics

A 1 Active Listings

LOWEST $644,900

P 1 Pending Listings

AVERAGE $644,900 HIGH $644,900

AVG PRICE / SQFT $376 AVG DOM 39

LOWEST $596,500

S 4 Sold Listings

LOWEST $555,000

AVERAGE $596,500 HIGH $596,500

AVG PRICE / SQFT $330 AVG DOM 29

AVERAGE $604,250 HIGH $637,000

AVG PRICE / SQFT $368 AVG DOM 12

Sold Property Analysis

Averages

Homes sold for an average of 100.1% of their list price.

Analysis

ADDRESS

12Days on market

It took an average of 12 days for a home to sell.

ORIG LIST PRICE SOLD PRICE

% OF ORIG LIST PRICE DOM $ PER SQFT

4581 Lyndenwood Circle $575,000 $555,000 96.52% 21 $300 4963 Collingswood Drive $589,900 $605,000 102.56% 2 $400 4779 Waldenwood Drive $635,000 $620,000 97.64% 26 $386

4727 Hunterwood Drive $625,000 $637,000 101.92% 2 $386

Averages $606,225 $604,250 99.67% 12 $368

Summary of Comparable Properties

A ACTIVE LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

4697 Waldenwood Drive 3 3.00 1,716 $644,900 $376

Averages 1,716 $644,900 $376

P PENDING LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

4946 Kingston Avenue 3 3.00 1,805 $596,500 $330

Averages 1,805 $596,500 $330

S SOLD LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

4581 Lyndenwood Circle 9/26/22 2 4.00 1,849 $555,000 $300 4963 Collingswood Drive 8/31/22 3 3.00 1,511 $605,000 $400

4779 Waldenwood Drive 9/9/22 3 3.00 1,605 $620,000 $386 4727 Hunterwood Drive 9/15/22 3 3.00 1,649 $637,000 $386

Averages 1,653 $604,250 $368

INTELLIGENT

PRICING & TIMING

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

☐ Fair market value attracts buyers, overpricing never does.

☐ The first two weeks of marketing are crucial.

☐ The market never lies, but it can change its mind.

ASKING PRICE

+15%

+10%

Market Value

PERCENTAGE OF BUYERS

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Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

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TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks.

If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

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