at Keller Williams Integrity
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Sam & Susie Seller JUNE 13, 2022
Brendan Bartic The Bartic Group
June 13, 2022
Dear Sam & Susie Seller, I appreciate the opportunity to share my business plan with you. In order to inform you about the current happenings in today's market, I have prepared this comparative market analysis (CMA) especially for you. There are many properties on the market today, and each has different amenities, sizes, and values. By reviewing this CMA, you will have the information needed to price your home in the appropriate range in today's market. Home buyers always do a lot of comparison shopping. In today's market it is especially important to price your home right from the beginning and to get it "show ready". There are many homes available in all price ranges, but the homes that are priced right and show well are the ones that bring in qualified buyers. Part of this package includes a detailed copy of my personal marketing plan. We will certainly go over this in detail so that you feel comfortable to entrust your home sale to me. I am sure that once you review the plan, you will feel very satisfied with me marketing your home. My goal is to help you sell your home quickly and at a fair market value. I look forward to working with you on the sale of your home.
Sincerely, Brendan Bartic
Brendan Bartic The Bartic Group
3
Brendan Bartic
I have been a leading top producer for over 18 years. My sales consistently rank in the top 1% of all Keller Williams Teams Internationally. Prior to entering real estate, I served my country in the United States Army Infantry with multiple tours in Iraq and Kuwait. These experiences instilled in me the discipline it takes to build the most powerful real estate team in Colorado. Outside of real estate, I take pride in giving back to the community and serve as a Board Member of Third Way Center which helps high-risk, disadvantaged youth become successful adults.
Brendan Bartic The Bartic Group
4
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
The Bartic Group The Bartic Group is a full service real estate agency in Denver specializing in assisting investors, individuals, and families achieve their real estate goals. Led by industry veteran Brendan Bartic, our team has fostered a culture of partnership and redefined the business of real estate. Our organization of Colorado Realtors share knowledge, spheres of influence, contacts and expertise, ensuring our clients receive better representation and a true competitive edge. As a continuous trend setter in the industry, our Denver real estate agency is ranked in the top 1% of all Keller Williams Teams Internationally. Our team of partners represent buyers, sellers, and investors in all areas of real estate. When selling your home in Colorado, we will work to get you top dollar with minimum time on the market. Our Colorado Realtors have a proven track record of presenting our clients with offers over their asking price in a matter of days! When working with buyers we use our experience and industry relationships to get you the best value possible for your dream home. Our real estate agency in Denver is a team, and we recognize and value the trust our clients place in us and strive every day to exceed their expectations.
Brendan Bartic The Bartic Group
5
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.
What is a CMA?
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 such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.
Brendan Bartic The Bartic Group
6
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
A = ACTIVE
P = PENDING
S = CLOSED
BEDS
BATHS
SQFT
PRICE
339 Quebec St # 3
2
2.00
1,702
-
1
Subject
2
1668218
A
411 Quebec Street
2
1.00
890
$479,900
3
3646533
A
220 Roslyn Street 708
2
2.00
1,617
$585,000
4
2145387
P
691 Roslyn Street 46
2
3.00
1,294
$585,000
5
1798122
S
190 Roslyn Street 1308
2
2.00
1,617
$539,999
6
5891107
S
7544 E 4th Avenue E 304
2
2.00
1,907
$570,000
Brendan Bartic The Bartic Group
7
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Home
MLS #1668218
411 Quebec Street
$479,900
Denver, CO 80220
2 Beds
4/23/22
ACTIVE
1.00 Baths
890 Sq. Ft. ($539 / sqft)
Days on market: Year Built
29
1943
Features Appliances: Cooktop, Disposal, Electric Water Heater, Oven
Distance To Bus Numeric: 1
Levels: One
Senior Community Yn: false
Distance To Bus Units: Blocks
Listing Terms: Cash, Conventional, FHA, VA Loan
Sewer: Public Sewer
Association Yn: false
Electric: 110V, 220 Volts
Living Area Total: 890
Building Area Source: Public Records
Flooring: Wood
Lot Features: Level
Tax Legal Description: MAYFAIR PARK B4 L17
Common Walls: No Common Walls
Furnished: Unfurnished
Main Level Bathrooms: 1
Tax Year: 2021
Heating: Baseboard
Main Level Bedrooms: 2
Horse Yn: false
Parking Total: 1
Interior Features: Built-in Features, No Stairs, Open Floorplan
Patio And Porch: Front Porch
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
Property Condition: Fixer
Water Source: Public
Roof: Composition
Zoning: E-SU-DX
School District: Denver 1
Construction Materials: Brick Cooling: None Direction Faces: East
Structure Type: House
Details Prop Type: Single Family Residence
Full baths: 1.0 Lot Size (sqft): 7,020
Updated: Jun 7, 2022 4:00 AM
County: Denver
Garages: 1
List Price: $479,900
Middle: Hill
List date: 4/23/22
Orig list price: $499,000
Elementary: Lowry
Subdivision: Lowry Style: Bungalow
High: George Washington
Taxes: $2,011
Remarks This Mayfair/ Lowry home is perfectly situated on an oversized lot mere steps from the Lowry Town Center and a short drive from Cherry Creek. This home offers 2 bedrooms and 1 bathroom plus a bonus room off of the garage. Come see the beautiful hardwood floors, wonderful natural light and massive lot and backyard! This home is walking distance from a
Brendan Bartic The Bartic Group
8
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
multitude of shopping, dining, entertainment, fitness, library, and public transportation options. This home is perfect for homeowners with some fix up skills, investors wanting a great rental or builders wanting to scrape and build in this spectacular neighborhood.
Brendan Bartic The Bartic Group
9
Comparative Market Analysis
411 Quebec Street $479,900 ACTIVE
4/23/22
339 Quebec Street #3, Denver, Colorado 80220
MLS #1668218
Denver, CO 80220
2 Beds 1.00 Baths Year Built 1943
890 Sq. Ft. ($539 / sqft) Days on market: 29
Brendan Bartic The Bartic Group
10
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Home
MLS #3646533
220 Roslyn Street 708
$585,000
Denver, CO 80230
2 Beds
ACTIVE
2.00 Baths
1,617 Sq. Ft. ($362 / sqft)
5/19/22
Days on market: Year Built
24
2000
Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Parking, Storage Association Fee 2: 90 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: Lowry Community Master Association Name 2: Lowery Community Master
Association Phone: 303-420-4433 Association Phone 2: 303-420-4433 Association Yn: true Building Area Source: Public Records
Interior Features: Built-in Features, Ceiling Fan(s), Eatin Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s)
Property Condition: Updated/Remodeled
Laundry Features: In Unit
Tax Legal Description: OFFICERS ROW CONDOS U-708 PRK-U-7-30, U-7-31 STR-S-708
Roof: Composition Senior Community Yn: false Sewer: Community Structure Type: Townhouse
Building Name: Officers Row
Levels: Three Or More
Construction Materials: Adobe, Brick, Concrete Cooling: Central Air
Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Direction Faces: East
Living Area Total: 1617
Exterior Features: Balcony
Main Level Bathrooms: 1
Fireplace Features: Family Room, Gas Log
Main Level Bedrooms: 1
Fireplaces Total: 1
Parking Total: 2
Flooring: Carpet, Wood Furnished: Unfurnished
Patio And Porch: Deck, Front Porch, Patio
Heating: Forced Air, Natural Gas
Pets Allowed: Cats OK, Dogs OK
Style: Contemporary,Loft,Urban Contemporary
Full baths: 1.0
List date: 5/19/22
3/4 Baths: 1.0
Updated: Jun 11, 2022 5:18 PM
Parking Features: Concrete
Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Phone Available Water Source: Public Window Features: Window Coverings Zoning: B-3
Details Prop Type: Condominium County: Denver Subdivision: Lowry
Lot Size (sqft): 221,612
Brendan Bartic The Bartic Group
11
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
List Price: $585,000
Assoc Fee: $567
School District: Denver 1
Middle: Hill
Orig list price: $600,000
Taxes: $2,200
High: George Washington
Elementary: Lowry
Remarks BEATIFUL DENVER CONDO! 2 Large bedrooms, 2 bath, huge closets + office space located in the highly desirable Officers Row. 3 levels, walk up from your garage with 2 full sized parking spaces with private entrance directly into your new home. 2nd level is your main entry/ front door. Enter to towering ceilings in this vibrant open floor plan with a slight industrial vibe. Main floor boasts 2 walk out patios, living room, dining room, kitchen, 3/4 bathroom, laundry room, large bedroom and office. The office is complete with gorgeous custom built-in shelves and desk unit perfect for those work from home days. Kitchen with granite counter top cooktop island, pantry and custom cabinets. The 3rd level is the master/loft bedroom which is fully enclosed, 5 piece master bath and large walk-in closet. Custom shutters and window coverings throughout! Furnace and A/C are brand new. Beautifully updated condo is just steps away from Lowry Town Center, grocery stores, coffee, dining and shops. Walking distance to Crestmoor Park, Wings Over the Rockies Museum and Lowry Beer Garden. Come and see what Officers Row has to offer, schedule your showing and see if this one will be your next home!
Brendan Bartic The Bartic Group
12
Comparative Market Analysis
220 Roslyn Street 708 $585,000 ACTIVE
5/19/22
339 Quebec Street #3, Denver, Colorado 80220 Denver, CO 80230
2 Beds 2.00 Baths Year Built 2000
MLS #3646533 1,617 Sq. Ft. ($362 / sqft) Days on market: 24
Brendan Bartic The Bartic Group
13
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Home
MLS #2145387
691 Roslyn Street 46 Denver, CO 80230
2 Beds
$585,000 PENDING
3.00 Baths
1,294 Sq. Ft. ($452 / sqft)
5/29/22
2
Days on market: Year Built
2006
Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer Association Amenities: Park Association Fee 2: 90 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash Association Name: Crescent Ridge Townhomes Association Name 2: Lowry Community Master Association Association Phone: 303-420-4433 Association Phone 2: 720-798-5200 Association Yn: true
Building Area Source: Public Records
Laundry Features: Laundry Closet
Senior Community Yn: false
Building Name: Crescent Ridge Townhomes
Levels: Three Or More
Structure Type: Townhouse
Listing Terms: Cash, Conventional
Tax Legal Description: LOWRY FLG NO 9 B1 PT OF L2 PER RCP 2006094283 RCD 6/15/06 AKA CRESCENT RIDGE TOWNHOMES AT LOWRY U-46
Common Walls: 2+ Common Walls
Living Area Total: 1294
Construction Materials: Brick, Stucco
Lot Features: Near Public Transit, Sprinklers In Front
Cooling: Central Air Current Use: Live/Work
Parking Features: Concrete, Dry Walled, Lighted
Direction Faces: South
Parking Total: 2
Electric: 220 Volts Entry Location: Ground
Patio And Porch: Covered, Deck, Front Porch
Exterior Features: Balcony, Rain Gutters
Pets Allowed: Cats OK, Dogs OK
Fencing: None
Road Frontage Type: Public Road
Flooring: Tile, Wood Foundation Details: Slab Furnished: Unfurnished Heating: Forced Air Interior Features: Built-in Features, Ceiling Fan(s), Eatin Kitchen, Granite Counters, Primary Suite, Smoke Free, Stone Counters
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: R-2-A
Road Surface Type: Alley Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Brendan Bartic The Bartic Group
14
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Details Prop Type: Townhouse
Lot Size (sqft): 1,419
County: Denver Subdivision: Lowry Style: Urban Contemporary Full baths: 2.0 Half baths: 1.0
School District: Denver 1
Garages: 2
Updated: May 29, 2022 1:15 PM
List date: 5/27/22
List Price: $585,000
Middle: Hill
Pending date: 5/29/22
Orig list price: $585,000
Elementary: Lowry
Off-market date: 5/29/22
Assoc Fee: $225
High: George Washington
Taxes: $2,147
Remarks This immaculate Lowry Townhome is move-in ready, and has been so well maintained. Its front door entrance faces a private park and courtyard giving this home a feeling of privacy and nature. Wonderful 3 story living when you enter the large foyer, spacious mudroom, and entry to the oversized attached 2 car garage. Then travel upstairs and be greeted by the gracious living room with abundant light facing the large south deck overlooking the greenery of the large trees and park. Adjacent to the living room is the chef's kitchen with granite tiles, stainless appliances, and maple cabinetry, a charming dining nook with another deck, powder room, planning desk and bar area. All the rooms feel so crisp and fresh with the gleaming hardwood floors and wood stairs. The 3rd floor boasts exquisite dark birch hardwood flooring, a gracious primary suite with a 4 piece bath and 2 closets. The 2nd bedroom is equally as nice, with a walk-in closet and full bathroom. The laundry is in a perfect location next to the bedrooms. This home is centrally located in Lowry, only minutes to Town Center, with the many shops and restaurants to choose from. Wings Over the Rockies, 9 parks, and walking paths, and the Cherry Creek Shopping Center only a 10 minute drive. Plus the Hospital Campus is conveniently close by! It doesnt get any better for this fabulous home and a great lock and leave as well!
Brendan Bartic The Bartic Group
15
Comparative Market Analysis
691 Roslyn Street 46 $585,000 PENDING
5/29/22
339 Quebec Street #3, Denver, Colorado 80220 Denver, CO 80230
2 Beds 3.00 Baths Year Built 2006
MLS #2145387 1,294 Sq. Ft. ($452 / sqft) Days on market: 2
Brendan Bartic The Bartic Group
16
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Home
MLS #1798122
190 Roslyn Street 1308
$539,999
Denver, CO 80230
2 Beds
CLOSED
2.00 Baths
1,617 Sq. Ft. ($334 / sqft)
5/18/22
Days on market: Year Built
0
2000
Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer Association Fee 2: 68 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
Association Phone: 303-420-4433 Association Phone 2: 303-420-4433
Heating: Forced Air Interior Features: Ceiling Fan(s), Eat-in Kitchen
Security Features: Carbon Monoxide Detector(s) Senior Community Yn: false
Laundry Features: In Unit
Sewer: Public Sewer
Association Yn: true
Levels: Three Or More
Structure Type: Townhouse
Common Walls: No One Above
Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Construction Materials: Frame
Living Area Total: 1617
Tax Legal Description: OFFICERS ROW CONDOS U-1308 PRK-U-13-23, U-13-24 STR-S-1308
Main Level Bathrooms: 1
Tax Year: 2021
Cooling: Central Air
Main Level Bedrooms: 1
Exterior Features: Balcony
Parking Total: 2
Utilities: Cable Available, Phone Available
Fireplace Features: Gas, Living Room
Pets Allowed: Yes
Concessions: No
Association Name: Lowry
Fireplaces Total: 1
Association Name 2: Officers Row
Property Condition: Updated/Remodeled
Flooring: Wood
Roof: Cement Shake
Water Source: Public Zoning: B-3
Foundation Details: Slab
Details Prop Type: Condominium
Garages: 2
List Price: $539,999
High: George Washington
County: Denver
List date: 5/6/22
Orig list price: $539,999
Middle: Hill
Subdivision: Lowry
Sold date: 5/18/22
Assoc Fee: $518
Elementary: Lowry
Full baths: 2.0
Off-market date: 5/6/22
Taxes: $2,325
Lot Size (sqft): 221,720
Updated: May 18, 2022 7:59 AM
School District: Denver 1
Brendan Bartic The Bartic Group
17
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Remarks LOCATION! Spacious loft condo in the heart of the Historical Lowry District. Open floor plan with lots of natural light, hardwood flooring throughout, custom lighting, plantation shutters, and tankless hot water heater. The Master bedroom is located on the loft level with a 5-piece master bath and walk-in closet. The main floor bedroom has a walk-in closet with easy access to the bathroom which includes quartz countertops, custom glass shelves, and mirrored nook. Open concept main level living room and kitchen. Enjoy your morning coffee on the balcony overlooking the green space, mature trees, and Eisenhower chapel. Within short walking distance of shopping, parks, restaurants, and only 3 miles from the Cherry Creek Shopping area. The seller is related to the listing broker.
Brendan Bartic The Bartic Group
18
Comparative Market Analysis
190 Roslyn Street 1308 $539,999 CLOSED
5/18/22
339 Quebec Street #3, Denver, Colorado 80220 Denver, CO 80230
2 Beds 2.00 Baths Year Built 2000
MLS #1798122 1,617 Sq. Ft. ($334 / sqft) Days on market: 0
Brendan Bartic The Bartic Group
19
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Home
MLS #5891107
7544 E 4th Avenue E 304 Denver, CO 80230
2 Beds
$570,000 CLOSED
2.00 Baths
1,907 Sq. Ft. ($299 / sqft)
3/31/22
8
Days on market: Year Built
2000
Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Elevator(s), Parking Association Fee 2: 90 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Association Name: Officers Row Condominium Assoc. c/ o MSI, LLC
Building Area Source: Builder
Green Energy Efficient: Thermostat
Building Name: Officer's Row Condominiums
Heating: Natural Gas
Common Walls: 2+ Common Walls Concessions: No Construction Materials: Brick, Frame, Wood Siding Cooling: Central Air Current Use: Live/Work Direction Faces: South Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Electric: 110V, 220 Volts Entry Level: 1 Entry Location: Exterior Access
Association Name 2: Lowry Community Master Assoc.
Exterior Features: Elevator, Rain Gutters
Association Phone: (720)974-4223
Fireplace Features: Gas, Living Room
Association Phone 2: (720)583-5262
Fireplaces Total: 1
Association Yn: true
Furnished: Unfurnished
Flooring: Carpet, Tile, Wood
Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: 1031 Exchange, Cash, Conventional Living Area Total: 1907 Lot Features: Historical District, Landscaped, Near Public Transit Main Level Bathrooms: 1 Main Level Bedrooms: 1 Number Of Units Total: 12
Parking Features: Concrete, Dry Walled, Exterior Access Door, Heated Garage, Lighted, Oversized Door, Storage, Underground Parking Total: 2 Patio And Porch: Deck, Patio Pets Allowed: Cats OK, Dogs OK Property Condition: Updated/Remodeled Road Frontage Type: Public Road Roof: Composition, Membrane Security Features: Secured Garage/Parking, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Low Rise (1-3) Tax Legal Description: OFFICERS ROW CONDOS U-304 PRK-U-3-3 STR-S-304 Tax Year: 2020
Brendan Bartic The Bartic Group
20
Comparative Market Analysis
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
339 Quebec Street #3, Denver, Colorado 80220
Water Source: Public
Zoning: B-3
Window Features: Double Pane Windows, Window Coverings
Details Prop Type: Condominium
Full baths: 2.0
County: Denver Subdivision: Lowry Style: Contemporary,Loft,Urban Contemporary
Taxes: $2,140
Lot Size (sqft):
Updated: Mar 31, 2022 11:32 AM
List date: 3/9/22
List Price: $548,000
High: George Washington
Sold date: 3/31/22
Orig list price: $548,000
Middle: Hill
Off-market date: 3/17/22
Assoc Fee: $568
Elementary: Lowry
School District: Denver 1
Remarks Located in the heart of Lowry sophisticated 2bdr/2bth loft home. WOW factor when you walk into open concept main floor living area featuring breathtaking 28 soaring ceilings. Large windows provide an abundance of natural light and highlight loft contemporary look of this beautiful home. Freshly stone tiled gas fireplace. Stunning hardwood floors on main level with new carpet throughout. Large island with granite top can easily accommodate six people. Contemporary shaker style kitchen base cabinets & 42" upper cabinets provide ample storage space in kitchen. Undercabinet lighting highlights modern style mosaic back splash, quartz countertop & oversized sink. There are lots of upgrades in main level bathroom: custom vanity top, Italian porcelain oversized sink, 2 brushed nickel faucets, and stone backsplash. Water heater was installed in 2018. Furnace & AC unit paired with Alexa enabled thermostat were installed in 2020. Enjoy privacy of main level bedroom with direct access to inviting deck. Spacious bedroom features an alcove that can be office or retreat. You will appreciate professionally installed built-ins in walk-in closets. Spacious second master bedroom and loft with 10 ceilings are located on second floor. Four-piece bathroom features new wood vanity with soft closing doors and drawers; quartz top with two sinks and brushed nickel faucets. Light fixtures & ceiling fans were upgraded with contemporary design fixtures. Fresh paint throughout. Deeded underground parking. One of a few units with oversized private storage space located in garage with room for all outdoor gear and more-must see. Conveniently situated next to Lowry Town Center, restaurants, parks, and fitness facilities. Walking distance to Starbucks, Lowry Beer Garden, North County, Officers' Club, The Tavern, and Walters 303 Pizza plus many more amenities in the new Lowry Boulevard One Shopping Center. New composite deck-Summer 2017, new flat roof-Summer 2019, new exterior paint-Summer 2020.
Brendan Bartic The Bartic Group
21
Comparative Market Analysis
7544 E 4th Avenue E 304 $570,000 CLOSED
3/31/22
339 Quebec Street #3, Denver, Colorado 80220 Denver, CO 80230
2 Beds 2.00 Baths Year Built 2000
MLS #5891107 1,907 Sq. Ft. ($299 / sqft) Days on market: 8
Brendan Bartic The Bartic Group
22
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Comparable Property Statistics A
2 Active Listings LOWEST
$479,900
P
$532,450
HIGH
$585,000
AVG PRICE / SQFT
AVG DOM
$450
26
AVG PRICE / SQFT
AVG DOM
$452
2
AVG PRICE / SQFT
AVG DOM
$316
8
1 Pending Listings LOWEST
$585,000
S
AVERAGE
AVERAGE
$585,000
HIGH
$585,000
2 Sold Listings LOWEST
$539,999
AVERAGE
$554,999
HIGH
$570,000
Brendan Bartic The Bartic Group
23
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Sold Property Analysis Averages
102.0%
Homes sold for an average of 102.0% of their list price.
8
Days on market
It took an average of 8 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
190 Roslyn Street 1308
$539,999
$539,999
100.00%
-
$334
7544 E 4th Avenue E 304
$548,000
$570,000
104.01%
8
$299
$543,999
$554,999
102.02%
8
$316
Averages
Brendan Bartic The Bartic Group
24
Comparative Market Analysis
339 Quebec Street #3, Denver, Colorado 80220
Summary of Comparable Properties A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
411 Quebec Street
-
2
1.00
890
$479,900
$539
220 Roslyn Street 708
-
2
2.00
1,617
$585,000
$362
1,253
$532,450
$450
Averages
P
PENDING LISTINGS
ADDRESS
691 Roslyn Street 46
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
2
3.00
1,294
$585,000
$452
1,294
$585,000
$452
Averages
S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
190 Roslyn Street 1308
5/18/22
2
2.00
1,617
$539,999
$334
7544 E 4th Avenue E 304
3/31/22
2
2.00
1,907
$570,000
$299
1,762
$554,999
$316
Averages
Brendan Bartic The Bartic Group
25
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
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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.
Results That MOVE You
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