Researched and prepared by
Marion Boston Prepared exclusively for
Theresa Riddle
Subject Property
3746 S Nelson WAY LAKEWOOD, COLORADO 80235
Prepared on August 05, 2022 Marion Boston Your Castle Real Estate Inc 2755 S LOCUST ST STE 150 DENVER, CO 80222 720-671-0839 marion@weevolv.co https://www.homesnap.com/Marion-Boston Copyright: 2022 All rights reserved. This is a broker price opinion or comparative market analysis and should not be considered an appraisal or opinion of value. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Market Analysis Explanation This is an explanation and overview of this market analysis.
This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear. This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that were recently sold 3. Comparable homes that failed to sell Looking at similar homes that are currently offered for sale , we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home. Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers. Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers. This Comparative Market Analysis has been carefully prepared for you , analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY, LAKEWOOD 80235
Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.
Closed Listings Address 3746 S Nelson WAY 10115 W Keene Avenue 3725 S Moore Street 10076 W Keene Avenue 3779 S Miller Court 3686 S Newcombe Way Averages:
Comparable Price Adjusted Comparable Price
Price
$525,000 $572,100 $578,200 $605,000 $681,000 $592,260
Bd 3 4 4 4 4 4 4.0
Bth 2 2 2 2 2 2 2.0
Abv Area 1794 1,771 1,760 1,809 1,792 1,809 1,788
Ttl Area 1794 1,771 1,760 1,809 1,792 1,809 1,788
PSF Abv 1794 $ 296.44 $ 325.06 $ 319.62 $ 337.61 $ 376.45 $331.04
PSF Ttl 1794 $ 296.44 $ 325.06 $ 319.62 $ 337.61 $ 376.45 $331.04
DIM
Close Date
18 4 7 4 4
06/27/2022 02/17/2022 07/13/2022 06/10/2022 05/13/2022
Low
Median
Average
High
Count
$525,000
$578,200
$592,260
$681,000
5
$21,580,933
$465,323
$4,818,784
$6,984,845
5
On Average, the 'Closed' status comparable listings sold in 7 days for $592,260
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Price Adjustments This page outlines the subject property versus comparables properties.
3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC
10115 W Keene Avenue Details
7810848 Closed 525,000.00 House Bi-Level 4 2 1,771 1,771 1,771 0 0 Yes Finished 10,890 0.25 2 1972 Frame Forced Air Central Air Public
3725 S Moore Street Adjust
-3 41,262 41,262 41,262
Details
6129776 Closed 572,100.00 House Tri-Level 4 2 1,760 1,760 1,760
Adjust
-3 60,996 60,996 60,996
No -13,990,180
9,123 0.21 2 1972 Frame, Wood Siding Forced Air Evaporative Cooling Public
2,623,158
$525,000 $572,100 $-13,866,397 $2,806,143 $-13,341,397 $3,378,243 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. Price Total Adjustments Adjusted Price
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Price Adjustments This page outlines the subject property versus comparables properties.
3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC
10076 W Keene Avenue Details
1858280 Closed 578,200.00 House Bi-Level 4 2 1,809 1,809 1,809 0 0 Yes Daylight, Finished 8,712 0.20 3 1972 Frame, Wood Siding Forced Air, Natural Gas Central Air Public
3779 S Miller Court Adjust
-3 -26,910 -26,910 -26,910
6,487,380 -2
Details
1599272 Closed 605,000.00 House Tri-Level 4 2 1,792 1,792 1,792
No Crawl Space 9,418 0.22 5 1972 Brick, Frame, Vinyl Siding Forced Air, Natural Gas Central Air Public
$578,200 $6,406,645 $6,984,845 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. Price Total Adjustments Adjusted Price
Adjust
-3 3,588 3,588 3,588
-150,432 -6
$605,000 $-139,677 $465,323
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Price Adjustments This page outlines the subject property versus comparables properties.
3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC
3686 S Newcombe Way Details
8349542 Closed 681,000.00 House Bi-Level 4 2 1,809 1,809 1,809
Adjust
-3 -26,910 -26,910 -26,910
No 11,761 0.27 2 1973 Wood Siding Forced Air Evaporative Cooling Public
-22,181,200
$681,000 $-22,261,933 $-21,580,933 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. Price Total Adjustments Adjusted Price
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Closed Properties 10115 W Keene Avenue , Lakewood 80235 Listing ID:
7810848
Status:
CLS
Subtype:
Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.25 Remarks:
Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:
4 2 1 1 0 0
List: $550,000 Close: $525,000 Cls Date: 6/27/2022 Days in MLS: 18 Yr Blt: 1972 Parking: 2
Amazing corner lot at the end of cul-de-sac, with mountain and city views in beautiful Lakewood. This 4-bedroom, 2-bathroom home has multiple open living spaces great for entertaining. Kitchen boasts ample cabinet and counter space and room to entertain. The backyard has a deck perfect for summer BBQ's and a relaxing fire pit area. Roof, Water Heater, deck, and wood fence have all been replaced in the last 5 years. Walking distance to a playground, baseball and soccer fields, trails and disc golf. Minutes away from Red Rocks Amphitheater, Bear Creek Park, golf courses and downtown Denver. Come visit this spacious home, in a quiet neighborhood!
3725 S Moore Street , Lakewood 80235 Listing ID:
Subtype:
6129776
Status:
Single Family Residence Struct.Type: House Levels: Tri-Level Lot Size: 0.21 Remarks:
CLS
Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:
4 2 1 1 0 0
List: $540,000 Close: $572,100 Cls Date: 2/17/2022 Days in MLS: 4 Yr Blt: 1972 Parking: 2
**Professional pictures will be updated on Wednesday 1/12/22. Gorgeous newly updated home on a large lot in the highly desired Mount Carbon Park Estates! This home has over $30k in brand new updates, including beautiful waterproof laminate flooring, granite kitchen countertops, remodeled bathrooms, new carpet, new pretty white blinds, new all-over paint inside and out! So many updates, this home just shines! Walk into the large spacious, beautifully naturally lit living room that glides you into the updated kitchen. From the kitchen, you can see into the family room on the lower level where you will also find a large bedroom and updated bathroom with laundry. Upstairs you will find a very large primary bedroom with his and hers closets and 2 additional bedrooms, as well as a large completely updated beautiful bathroom with dual sinks. In addition to this spectacular home, the location is fantastic! So many hiking/biking trails, parks, golf courses and Red Rocks is only a hop, skip, & a jump away! This home is incredible, please come see it today as it is sure to go fast!
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Closed Properties 10076 W Keene Avenue , Lakewood 80235 Listing ID:
Subtype:
1858280
Status:
Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.20 Remarks:
CLS
Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:
4 2 1 1 0 0
List: $569,900 Close: $578,200 Cls Date: 7/13/2022 Days in MLS: 7 Yr Blt: 1972 Parking: 3
LOCATION is EVERYTHING!! Conveniently settled in "Friendly Hills Subdivision", this home is a "MUST-SEE" on the edges of Lakewood, Littleton, & Morrison communities. It has great access to Hwy 285, Downtown Denver, Kipling, Red Rocks, and C-470, but remains a quiet, tucked-away neighborhood. The feel of the updates makes it "Home Sweet Home"... NEW PAINT (inside and out), ALL NEW WINDOWS (with transferrable lifetime warranty), NEW ROOF, NEW WATER HEATER/FURNACE/A/C, NEW DOORS, newer appliances, NEW FLOORING, NEW LIGHT FIXTURES, added insulation in attic, above-ground sprinkler system (front and back), added patio, radon mitigation system, and BONUS PARKING that could easily fit a utility trailer/small boat/ small RV!!! VIVINT "Whole-House" Security system (Equipment is owned, but monitoring is $50/mo and may give a discount to buyer's homeowners insurance).Trampoline Included along with potted plants, if desired. The beautiful foothills are just minutes away...Come see where you could be living!
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Closed Properties 3779 S Miller Court , Lakewood 80235 Listing ID:
Subtype:
1599272
Status:
Single Family Residence Struct.Type: House Levels: Tri-Level Lot Size: 0.22 Remarks:
CLS
Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:
4 2 1 1 0 0
List: $605,000 Close: $605,000 Cls Date: 6/10/2022 Days in MLS: 4 Yr Blt: 1972 Parking: 5
Move in Ready 4 bed 2 bath home on HUGE LOT! Fresh paint, gorgeous wood cabinets, hard wood floors, You don't want to miss this one! This inviting, 4-bedroom home sits on an oversized 9,418 square foot lot with a private, park-like backyard. When you enter feel the open flow, notice the beautiful bay window, hardwood flooring, and new interior paint. The welcoming kitchen features granite countertops, a newer range, and a breakfast nook/dining space that opens to the expansive yard with a covered back patio. The upper level has 3 bedrooms. The primary has 2 closets! The bright, garden-level family room features a cozy wood burning fireplace, a custom-built bookshelf, a 4th bedroom! and 3/4 bathroom. This property is nestled on the edge of the foothills and has dedicated RV parking on the northside of the home. Easy to get around town and to the mountains. You will love this Colorado home! Come see for yourself! Open house Saturday, May 21 11AM-2PM; Sunday 11AM-1PM
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Closed Properties 3686 S Newcombe Way , Denver 80235 Listing ID:
Subtype:
8349542
Status:
Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.27 Remarks:
CLS
Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:
4 2 2 0 0 0
List: $600,000 Close: $681,000 Cls Date: 5/13/2022 Days in MLS: 4 Yr Blt: 1973 Parking: 2
Beautiful and recently updated home located on a rare and incredible large lot with Greenbelt to the East and incredible view of the foothills from your large back patio. This 4 bed, 2 bath home offers amble room. The oversized 2 car garage has plenty of storage space along with an extra large 20x10 shed complete with electricity plus side gate for RV parking. Dog lovers will love the well constructed dog run in the backyard.This move-in ready home is complete with new windows, interior paint, flooring, updated staircase and railings, trim, and door handles plus bathrooms also updated. All new kitchen with updated stainless steel appliances, cabinets, and countertops. The fireplace mantle has been refinished with a repurposed bar top from the historic Curve Tavern, along with an added Drybar. Upstairs bedrooms have updated blinds, and fans. Quality work and updating throughout and No detail was overlooked. Too many upgrades to list, come see for yourself! The location of this home is perfect for avid golfers and nature enthusiasts. Located just minutes from Foothills Golf Course and Homestead Golf Course never think twice about hitting a few balls over your lunch break. Surrounded by walking trails and nature parks this home has everything an active family is looking for! Schedule your showing today!
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Closed Properties Total # of Listings
5
Lowest Price
$525,000
Highest Price
$681,000
Average Price
$592,260
Avg. PSF Total
$331.04
Avg DOM
7
10076 W Keene Avenue
10115 W Keene Avenue
3686 S Newcombe Way
3725 S Moore Street
3779 S Miller Court
0K
200K
400K
600K
800K 1000K 1200K
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Summary Graph/Analysis 1,000.0K
800.0K
600.0K
400.0K
200.0K
0.0K
Avg Price
Min Price
Max Price
Cumulative Analysis Listing Category
Lowest Price
Highest Price
Average Price
Avg PSF Ttl
Closed
$525,000
$681,000
$592,260
$331.04
$525,000
$681,000
$592,260
$331.04
Totals / Averages
Sold Property Analysis Address 10115 W Keene Avenue 3725 S Moore Street 10076 W Keene Avenue 3779 S Miller Court 3686 S Newcombe Way Total Averages
List Price
Close Price
DOM
CP/LP
PSF Ttl
$550,000 $540,000 $569,900 $605,000 $600,000 $572,980
$525,000 $572,100 $578,200 $605,000 $681,000 $592,260
18 4 7 4 4 7.40
95.46% 105.94% 101.46% 100.00% 113.50% 103.27%
$296.44 $325.06 $319.62 $337.61 $376.45 $331.04
Lot Sz Acres
PPA
0.25 0.21 0.20 0.22 0.27
$2,100,000 $2,724,286 $2,891,000 $2,750,000 $2,522,222
0.23
$2,597,502
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
CMA Pro Report These pages give a general overview of the selected properties.
Property Summary S
Address
Bd
Bth
Area Ttl
List
Close
Close Date
DOM
Closed C
10115 W Keene Avenue
4
2
1,771
$550,000
$525,000
06/27/2022
18
C
3725 S Moore Street
4
2
1,760
$540,000
$572,100
02/17/2022
4
C
10076 W Keene Avenue
4
2
1,809
$569,900
$578,200
07/13/2022
7
C
3779 S Miller Court
4
2
1,792
$605,000
$605,000
06/10/2022
4
C
3686 S Newcombe Way
4
2
1,809
$600,000
$681,000
05/13/2022
4
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
Number of Days In MLS This graph illustrates the number of days in the MLS for the listings in this analysis.
20
12 8
3779 S Miller CT
3725 S Moore ST
3686 S Newcombe WAY
0
10115 W Keene AVE
4
10076 W Keene AVE
Days In MLS
16
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
List Price and Close Price This graph illustrates the list price, along with close price in Closed listings.
Price Graph 700K 600K 500K 400K List Price Close Price
300K 200K 100K
rC
T
ST
ille
re
M
oo
S
M 37
79
S 25
W
37
36
86
S
N
e AY w co m
be
E AV e en Ke
W 5 11 10
10
07
6
W
Ke
en
e
AV
E
0K
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Closed Listing ID
Stat Date
Address
City
7810848
06/27/2022
10115 W Keene Avenue
6129776
02/17/2022
3725 S Moore Street
1858280
07/13/2022
10076 W Keene Avenue
SqFt Tot
Bds
Bth
Lot Size
Price
DOM
Lakewood
1,771
4
2
0.25
$525,000
18
Lakewood
1,760
4
2
0.21
$572,100
4
Lakewood
1,809
4
2
0.20
$578,200
7
4
2
0.22
$605,000
4
1599272
06/10/2022
3779 S Miller Court
Lakewood
1,792
8349542
05/13/2022
3686 S Newcombe Way
Denver
1,809
4
2
0.27
$681,000
4
1,788
4
2
0.23
$592,260
7
Averages:
Summary Status
Total
Avg Price
Avg PSF Total
Median
Low
High
Avg DOM
Closed
5
$592,260
$331.04
$578,200
$525,000
$681,000
7
Total
5
$592,260
$331.04
$578,200
$525,000
$681,000
7
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY, LAKEWOOD
CMA Map Layout Map for the CMA Subject with Comparables
3746 S Nelson WAY , LAKEWOOD, 80235
Address
Beds
Baths
Sq.Ft.
3
2
1794
Baths
Sq.Ft.
Price
Date
Beds
1
10076 W Keene AVE
$578,200
7/13/22
4
2
1,809.00
2
10115 W Keene AVE
$525,000
6/27/22
4
2
1,771.00
3
3779 S Miller CT
$605,000
6/10/22
4
2
1,792.00
4
3686 S Newcombe WAY
$681,000
5/13/22
4
2
1,809.00
5
3725 S Moore ST
$572,100
2/17/22
4
2
1,760.00
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Activity vs. Timing This chart highlights the importance of pricing correctly at market value.
This chart illustrates the level of excitement and interest in a new listing over time. It also demonstrates the importance of pricing correctly. When a property is first listed, it generates a very high level of interest from prospective buyers, which reduces dramatically over time. It is important to be priced correctly from the beginning, during the peak of this curve.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
My Guarantee to You
A guarantee you can count on I'm so committed to meeting your sales objectives in a professional and pleasing manner, that I am willing to put our guarantee in writing.
My Performance Guarantee I will develop a Property Marketing Plan that clearly spells out the methods I will use to promote your property to the widest-possible audience.
If I don’t act according to the agreed activities in the Plan, you may:
•
Advise me that you aren’t satisfied and ask for a revision of the Plan
or •
Cancel the Listing Agreement
Your complete satisfaction is my foremost concern.
Date
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
The Effect of Over Pricing This chart highlights the importance of pricing correctly at market value.
This is the average percentage difference between the Selling and Asking Price by the length of time the home was on the market.
● ● ● ●
Put your best foot forward immediately Establish a competitive asking price Keep your home in top showing condition Offer favorable financing terms
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
The Benefits of Using a Professional REALTOR® This page outlines the benefits of using a professional REALTOR® to sell your property.
You’ll experience a wide variety of benefits when you hire a real estate professional. Successfully selling a property is a complicated exercise, and REALTORS® have the experience, resources and contacts to complete your sale quickly and smoothly. Pricing A REALTOR® will help you determine the selling price of your property at a level that accurately reflects its value in current market conditions and will not cost you missed opportunities. Marketing A REALTOR® will have many useful suggestions on ways to improve the marketability of your property, including cosmetic repairs and other items that will create a favorable impression among buyers.
Your property will enjoy a wider exposure among buyers when you use a REALTOR®. In addition to using flyers and organizing open house days, a REALTOR®'s extensive contact list of former clients, newly qualified buyers and other industry professionals can significantly reduce the time your property is on the market. A REALTOR® will also allow you to tap into a highly productive and extensive industry network, such as a Multiple Listing Service or other industry marketing system.
Advertising your property efficiently is another area where a REALTOR® can play an important role. A REALTOR®’s experience in deciding on the most appropriate type and frequency of advertising for your property can be invaluable. For example, placing too many ads can create the impression that there may be something wrong with the property or that the seller is desperate. Security Security is a major consideration when showing your home. By using a REALTOR®, you can rest assured that all showings will be pre-screened and supervised. Negotiating When negotiating a purchase, most buyers prefer to deal with a middleperson who is objective, unemotional and professional. Buyers will often feel more comfortable with a REALTOR® than with the owner when they want to raise issues that need resolving before making an offer. Monitoring, Renegotiating, Closing or Settling A REALTOR® will guide you through the minefield of potential problems associated with the appraisal, inspection and financing process, including the often complicated escrow instructions. In addition, your agent can meet and instruct any specialists or tradespeople who may be required for repairs or other issues that need to be completed before closing.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
The Importance of Pricing This chart highlights the importance of pricing correctly at market value.
This graph illustrates the importance of pricing correctly. The centerline represents market value. As you move above this market value, you attract much smaller percentage of prospective buyers, greatly reducing your chances of a sale. Conversely, as you move below market value, you attract a much larger percentage of potential buyers.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Setting the Price This chart highlights the importance of pricing correctly at market value.
When setting a price for your property, the listing level must strike a balance between the seller’s need to achieve the best-possible return and the buyer’s need to get good value. With many years of experience, a professional Real Estate Agent can help you set a price that will accomplish both objectives.
Establishing market value
The market value of your property is determined in exactly the same way as any other commodity – what a buyer is willing to pay for it in today’s market. Despite the price you paid originally, or the value of any improvements you may have made, the value is determined by market forces.
Look at the competition
Buyers look at about a dozen properties on average before making an offer on a property. As a result, they have a good overview of the market and will compare your property against the competition. If it’s not in line with similar properties that are available, buyers won’t consider it good value for money.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
The Pitfalls of Overpricing This chart highlights the importance of pricing correctly at market value.
Overpricing your house in the belief that you can reduce the price back later is a strategy that can backfire badly. For example, by the time you reduce your price, you may miss out on a surge of interest in properties like yours. Also, if prices are lowered, buyers may wonder if there’s something wrong with the property that kept other buyers away. So to keep from selling your property at below market value and from wasting valuable time, don’t fall into the overpricing trap.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Where a Commission Goes This page describes how a commission is divided amongst all of the parties involved.
After a successful sale of your property, the real estate commission is shared among all who assisted in this important transaction. Generally, the commission is divided four ways: to the listing broker, the listing agent, the selling broker and the selling agent. In recognition of the important roles each played in the sale of your property, each is compensated by a percentage of the commission.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Sources of Buyers This page illustrates the primary sources of buyers for your property.
When you want a buyer, come to us first There are several excellent reasons for selecting a professional Real Estate Agent to handle the sale of your property. For starters, our long-standing real estate expertise gives us the ability to network with other firms’ agents to promote your property to the widest possible audience, including the Internet. Selling your property depends on a lot more than advertising and signage – it takes referrals, word-of-mouth advertising, and networking.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
August 05, 2022
Minimums and Maximums This page summarizes key fields of the listings in this analysis.
The listings in this analysis can be summarized as follows:
● Listing Price between $540,000 and $605,000 ● Closing Price between $525,000 and $681,000 ● 4 Bedrooms ● 2 Total Bathrooms ● 1 to 2 Full Bathrooms ● 0 Half Bathrooms ● 1,760 to 1,809 Square Feet Total ● $306.82 to $337.61 per Tot. Square Foot ● $296.44 to $376.45 per Sold Tot. Square Foot
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
Pricing Recommendation General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale.
Market Statistics... Sell Price Per Sq. Ft. Statistics
Sell Price Statistics Average Price:
-$4,818,800
Average Price/Sq Ft:
-$2,685
High Price:
$6,984,800
High Price/Sq Ft:
$3,861
Median Price:
$465,300
Median Price/Sq Ft:
$260
Low Price:
-$21,580,900
Low Price/Sq Ft:
-$11,930
Figures are based on selling price after adjustments, and rounded to the nearest $100
In average condition, your home will list and sell in this market at or around $535,000. We've outlined some of the most important factors that influence your home's value: Neighborhood comps. ... Location. ... Home size and usable space. ... Age and condition. ... Upgrades and updates. ... The local market. ... Economic indicators. ... Interest rates.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
August 05, 2022
Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235
Steps to a Positive Showing This page describes the key steps to making for a positive showing of your property.
You only get one opportunity to make a good impression, so you want to make it count. By following these guidelines, you’ll enhance the attractiveness of your property and reduce the time it takes to generate serious offers. First Impressions How your property appears from the outside is important. To make a good first impression on a buyer, a clean driveway, a freshly mown lawn or a trimmed hedge will work wonders.
Do a critical inspection of the exterior of your property, paying special attention to the condition of your windows, shutters, screens and gutters. One of the first things a buyer will notice is the need for painting. If your property looks like it needs painting, many buyers will form an unfavorable impression. Elsewhere, little things count. Make sure the front door is spotless, including the doorknob, and that the windows gleam. Cleanliness Counts Once inside your property, one of the key factors that influences its appeal to a buyer is cleanliness. Most important is front hallway, the kitchen and the bathrooms. Do a room-by-room cleaning, and don’t forget any out-of-sight areas because that’s often where a discriminating buyer will look first.
The state of the carpets can also be a determining factor. At the very least, have your carpets cleaned, and if they are worn, it’s wise to replace them, or remove them if there is hardwood underneath.
Less is More Clutter makes a poor impression. In closets, cabinets, kitchen countertops and other storage areas like basements, remove anything not needed for daily housekeeping. To make each room in your property look larger, get rid of or donate unnecessary furniture. Walk through your property and think: “Less is more.” Repairs Make sure everything is in good working order. Dripping faucets, squeaky steps and loose doorknobs can easily create a bad impression and reduce the value of your property. A few hours spent on repairs, whether by yourself or a tradesman, can pay big dividends when an offer is made. Little Things Count It’s easy to improve the appearance of any room. You may want to replace worn rugs or small pillows, put new towels in the bathroom or brighten up a room with a vase of flowers. Pull Together Get all the members of your household to pull together when it comes to getting – and keeping – your property ready to view. By getting everyone into the habit of spending a few minutes tidying up every morning for an afternoon showing, you improve your chances considerably.
Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.
(Seller 1)
(Seller 2)
Full Legal Names: _________________________
_______________________________
Email Addresses: _________________________
_______________________________
Phone Numbers: __________________________
_______________________________
Address: _________________________________________________________________ City: __________________________ State: _________________ Zip: ______________ Why are you moving?: ___________________________ Where?: __________________ When?: _______________________________________ Back up plan?: _____________
Basics
Beds: ___ Baths: _____ Sqft: __________
Basement finished: Y / N _________ Parking: ________
Floor Plan (Vaulted Ceilings, Master Bed/Bath, Basement, Storage, Garage, Bright/Open, Flow, etc.?): ________________________________________________________________________ ________________________________________________________________________
Improvements/Updates (Flooring, Lighting, Window Coverings, Paint, Windows, Roof, HVAC, etc.?): ________________________________________________________________________ ________________________________________________________________________
Features (Fireplace, 5-Piece Bath, Built-In Speakers, Wet Bar, Skylights, Security System, etc.?): ________________________________________________________________________ ________________________________________________________________________
Inclusions/Exclusions (Appliances, TV or TV Mounts, Lighting, Mirrors, Sheds, Landscaping, etc.?): ________________________________________________________________________ ________________________________________________________________________
Exterior (Deck, Balcony, Landscaping, Siding, Views, Lot Size, Fencing, BBQ, Garden Areas, etc.?): ________________________________________________________________________
Community (Public Transportation, Walk Score, Schools, Recreation, Shopping, Highway Access, etc.?): ________________________________________________________________________ ________________________________________________________________________
HOA (None, Clubhouse, Pool, Utilities, Trash, Snow Removal, Insurance, Contact Info for HOA, etc.?): ________________________________________________________________________ ________________________________________________________________________
Utilities (Average Cost, Gas/Electric/Water Providers, Cost Savings or Green Features, etc.?): ________________________________________________________________________ ________________________________________________________________________
Features (What do you love most about this home? What were the features that attracted you to purchase?): ________________________________________________________________________ ________________________________________________________________________
Game Plan (Ideal Timeline, Replacement Property, Proceeds & Purchase Price, Financing, etc.?)*: ________________________________________________________________________ ________________________________________________________________________
Showings (Process, Notifications, Showing Windows, Restrictions, Pets, etc.?): ________________________________________________________________________ ________________________________________________________________________
________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________
________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________
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New Era Group Your Castle Real Estate
WHAT A SELLER SHOULD EXPECT Local Knowledge. Total Commitment.
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OUR SIX STEP LISTING PROCESS
Tour Property
Ask Questions
Marketing Overview
Pricing Strategy
Explain Forms
Mutual Decision
Why Hire The New Era Group? We work with clients like you to help make the home sale or purchase process as stress-free and enjoyable as possible. Towards this goal, we strive to treat each of our clients as we would a member of our family. If you elect to hire a New Era Group agent, you should expect the utmost professionalism, respect and attention at all times throughout the relationship. Supporting our client’s real estate goals is about being consultants who listen and help to make dreams come true. If you are looking for a Realtor who is energetic and passionate about his or her clients, start your search at the New Era Group. :///
New Era Group Your Castle Real Estate
ELITE BROKERS
150
MILLION DOLLAR
Every New Era Group agent must represent excellence in the industry. Our team is insightful, always evolving and on top of new trends in real estate. The results speak for themselves with Real Trends ranking the New Era Group as the top team in Colorado the past two years.
team within Your Castle Real Estate, one of the largest locally owned brokerages in Colorado. Combined, we have over a billion-dollar market share.
The New Era Group has an impressive track record of year over year growth in all market conditions since its inception in 2004. The original mission of the company was to create “The New Standard In Real Estate” and thus the name. The leadership team came from roles within both the fast paced tech world as well as from fortune 500 companies. They leveraged this wealth of experience to help people from all walks of life fully realize the benefits of home ownership. Along the way, the team has not only had a positive impact on thousands of lives, but collectively the New Era Group agents have created a best of breed marketing, sales and support platform.
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Intelligent MLS entry to drive showing activity
7
Text & 800# Call Capture Technology on Signs & Flyers
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Featured listing on New Era owned sites
3
Enhanced Listing on Realtor.com
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High Quality Professional Photography
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Highly Visible Signage
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Massive Online Distribution Effort
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The best chance for selling your home is within the first seven weeks. Studies show that the longer a property stays on the market, the less the seller will net.
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ACTIVITY
OUR DISTRIBUTION NETWORK
of buyers will have previewed your home online prior to conducting a walkthrough.
49%
89%
use the Internet to search for their home.
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We Syndicate Our Data
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TIME ON MARKET (WEEKS) IMPORTANCE OF INTELLIGENT PRICING
7
8
9
10
11
12
ASKING PRICE +15%
Market Value
-10%
-15% +10% 10% 30%
PERCENTAGE OF BUYERS
60% 75%
90%
Buyers look at properties that are priced at market value. If you price your home by as little as 10% over market value, the showings will be cut in half and buyers will simply write offers on properly priced homes.
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Hire a Professional Stager
<]%H]jkgfYdar] <]%;dmll]j >gj Lgh <gddYj When presenting your home to prospective buyers, first impressions are critical. Buyers begin evaluating your home first through photos and then from the moment they arrive at your door. They prefer homes that are well maintained, clean and clutter-free. Home improvements and professional staging advice can be essential to the salability and ultimate sales price of your home.
DE-CLUTTER & DE-PERSONALIZE
Clutter makes a home and its rooms look smaller to buyers both online and in person. Clutter can even make buyers feel uncomfortable or claustrophobic. Because buyers cannot see beyond it, clutter devalues a home and can be the main reason why a house doesn’t sell. Clutter costs you money.
IMPROVE CURB APPEAL
Fix or replace anything that is obviously damaged or worn. Enhance landscaping and paint as needed. Clean your front door, fix that broken doorbell and buy a new welcome mat. Simple changes add up! Many buyers will drive by your home prior to deciding if they desire a showing.
INTERIOR IMPROVEMENTS
Fix or replace anything that is worn or broken. Brighten the interior with a fresh coat of paint in light, neutral colors. Shampoo carpets, make tile and wood floors sparkle and deep clean throughout. Improve lighting with clean windows, fixtures and fresh bulbs. Have the heating and cooling systems cleaned and serviced.