Comparative Market Analysis Prepared for
Michael and Denise Kalesnikoff
For property at
326 EDGEHILL DR
DAVE WALKER, Salesperson ROYAL LEPAGE FIRST CONTACT REALTY, BROKERAGE 299 Lakeshore Dr. BARRIE, ON L4N7Y9 Phone: (705) 309-9014 Cell: 7053099014 Fax: 7053530210 Email: dc.walker@rogers.com www.davewalker.ca
June 19, 2014
Michael and Denise Kalesnikoff
Dear Michael and Denise, I appreciate the opportunity to provide you with a Comparative Market Analysis for your property. Prepared exclusively for you, this analysis contains a summary of the recent real estate transactions in your area for properties that are similar to yours. While none of the properties included in this analysis is exactly like yours, they do provide a good basis by which to compare your property with the 'competition'. The following pages contain descriptions of each property whether it is currently available for sale, recently sold, or was listed but did not sell. A short description of each property is provided, followed by a summary table of each property's key features, which allows you to easily compare the features of your property with others in your area. Your property may have special features or improvements that could substantially affect the price range in which it should be listed. We will discuss pricing in more detail after you have had a chance to review the enclosed information. Please give me a call if you have any questions or would like any additional information. I look forward to working with you and selling your property quickly.
Sincerely, DAVE WALKER, Salesperson Royal Lepage First Contact Realty 299 Lakeshore Dr. Barrie, On L4N7Y9 Office: 705-728-4067
Cell: 7053099014
Fax: 7053530210 dc.walker@rogers.com Web Site: www.davewalker.ca
Marketing Plan Prepared for Michael and Denise Kalesnikoff
To assure you that your property is marketed to its fullest potential and to obtain the highest possible market value, I have a detailed and effective marketing strategy. - Carefully evaluate your home and its competition and current market conditions - Prepare a Comparative Market Analysis to establish fair market value - Prepare listing contract - Prepare seller disclosure statement - Enter listing on both Barrie and Toronto MLS system - Take photos of property, provide prestaging booklet when necessary, prepare marketing brochures. - Place For Sale Sign on property -
Place lock box on property, if needed Inform each agent in my brokerage of this new listing Schedule property for Office and MLS tours Prepare and submit advertisement to newspaper Make listing available to internet web sites and prepare email marketing materials. - Hold open houses, provide relevant feedback when available. -
Arrange showings for other agents Pre-qualify potential buyers Review list price based on agent feedback and market condition Provide a weekly market activity report Present and review all offers with you Negotiate the transaction on your behalf Finalize the closing Provide references for qualified moving and relocation services
DAVE WALKER, Salesperson, Royal Lepage First Contact Realty 299 Lakeshore Dr., Barrie, On L4N7Y9 Office: (705) 309-9014 | Cell: 7053099014 | Fax: 7053530210
Subject Property Prepared for Michael and Denise Kalesnikoff
326 EDGEHILL DR
DAVE WALKER, Salesperson, Royal Lepage First Contact Realty 299 Lakeshore Dr., Barrie, On L4N7Y9 Office: (705) 309-9014 | Cell: 7053099014 | Fax: 7053530210
Comparable Property Location Prepared for Michael and Denise Kalesnikoff
Comparable Address
# Beds
SqFt
341 EDGEHILL DR
4.3
2,892
Days on Market
List Price
Sale Price
339 EDGEHILL DR
4.2
2,196
32
$412,000
$400,000
351 EDGEHILL DR
3.3
2,410
6
$409,900
$393,000
341 EDGEHILL DR
4.3
2,892
42
$404,900
$400,000
$420,000
DAVE WALKER, Salesperson, ROYAL LEPAGE FIRST CONTACT REALTY, BROKERAGE 299 Lakeshore Dr., Barrie, On L4N7Y9 Office: (705) 309-9014 | Cell: 7053099014 | Fax: 7053530210
Comparative Homes
MLS# 1204607
MLS# 1404301
Status: Address 1: 2: 3: Dist/Sub: Type/Style: Ext Finish: Age: Lot Size: Property Taxes: Parking:
Sold 326 EDGEHILL DR Barrie DETAC, BRASD SIM/V, BR/OT 5 50.23FT X 206.46 FT $ 5,830 / 2010 GDOUB, ATACH, DDOUB, PSURF
Active 341 EDGEHILL DR Barrie DETAC, 1.75S SIM/V, BRICK 7 49.21' X 110.04 $ 492,596 / 2013 GDOUB, ATACH, DDOUB
MLS# 1400132
Site Influences:
OSCTV, OSGAS, OSEWR, OWATR, BKEPL
OSCTV, OSGAS, OSEWR, OWATR, HSINT
Water Supply: Sewer Source: Area (SqFt) # Rooms: # Bedrooms: # Bathrooms: Heat/Cooling: Fuel: Fireplace: Basement: Bsmt Dev: Prop Size: Features:
MUNIC MUNIC 2,895 SqFt.
MUNIC MUNIC 2,892 SqFt.
MUNIC MUNIC 2,196 SqFt.
16 4.3 3.0
12 4.3 2.1
7 4.2 2.1
F/AIR, C/AIR N/GAS
F/AIR N/GAS
F/AIR N/GAS
FULL, WLKOT FPART Under 1/2 Acre MFLAU, CATHC, HARFL, CERFL, DE/PA, SEMIE, EATKI, 9+CLG, REGSS, SEPBE
FULL, WLKOT FFULL Under 1/2 Acre
FULL, WLKOT FFULL Under 1/2 Acre MFFAM, CERFL, DE/PA, ENSUI, EATKI, SEPBE
Inclusions:
DSHWR, FR, ST, WA, DR
Sale Date:
06/15/12
List Price:
$ 389,900.00
Sale Price:
$ 389,000.00
SP/LP Ratio:
1.00
Sold 339 EDGEHILL DR Barrie DETAC, 2.00S SIM/V, BRICK UNKNN 14.99 X 33.54 M. $ 4,300 / 2013 GDOUB, ATACH
01/24/14 $ 420,000.00
$ 412,000.00 $ 400,000.00
0.00
0.97
*** ERRORS AND OMISSIONS EXCEPTED *** ALL MEASUREMENTS APPROXIMATE *** Copyright: 2014 06/19/14 11:16 AM The Barrie & District Association of REALTORS Inc.
Comparative Homes
MLS# 1300584
MLS# 1208956
Status: Address 1: 2: 3: Dist/Sub: Type/Style: Ext Finish: Age: Lot Size: Property Taxes: Parking:
Sold 351 EDGEHILL DR Barrie DETAC, 2.00S SIM/V, BRICK UNKNN 49.21' X 110.04' $ 4,734 / 2012 GDOUB, DDOUB
Sold 341 EDGEHILL DR Barrie DETAC, 1.75S SIM/V, BRICK 5 49.21' X 110.04 $ 4,825 / 2012 GDOUB, ATACH, DDOUB
Site Influences:
OSCTV, OSGAS, OSEWR, OWATR
OSCTV, OSGAS, OSEWR, OWATR, HSINT
Water Supply: Sewer Source: Area (SqFt) # Rooms: # Bedrooms: # Bathrooms: Heat/Cooling: Fuel: Fireplace: Basement: Bsmt Dev: Prop Size: Features:
MUNIC MUNIC 2,410 SqFt.
MUNIC MUNIC 2,892 SqFt.
11 3.3 3.0
12 4.3 2.1
F/AIR N/GAS
F/AIR N/GAS
FULL, WLKOT FFULL Under 1/2 Acre
FULL, WLKOT FFULL Under 1/2 Acre SEPDI, MFFAM, CATHC, CERFL, LAMFL, DE/PA, ENSUI, 9+CLG, REGSS, SEPBE
Sale Date:
01/30/13
01/16/13
List Price:
$ 409,900.00
$ 404,900.00
Sale Price:
$ 393,000.00
$ 400,000.00
SP/LP Ratio:
0.96
0.99
Inclusions:
*** ERRORS AND OMISSIONS EXCEPTED *** ALL MEASUREMENTS APPROXIMATE *** Copyright: 2014 06/19/14 11:16 AM The Barrie & District Association of REALTORS Inc.
Comparative Summary for Sold Properties MLS #
Address
Beds Baths
Area (SqFt)
Style
List Price
Sale Price
DOM
1208956 341 EDGEHILL DR
4.3
2.1
2,892
1.75S
$404,900
$400,000
42
1300584 351 EDGEHILL DR
3.3
3.0
2,410
2.00S
$409,900
$393,000
6
1400132 339 EDGEHILL DR
4.2
2.1
2,196
2.00S
$412,000
$400,000
32
Square Footage
List Price
Original List Price
Sale Price
DOM
Average
3,573
$408,933
$0
$397,667
27
Minimum
2,799
$404,900
$0
$393,000
6
Maximum
4,200
$412,000
$0
$400,000
42
Median
3,720
$409,900
$0
$400,000
32
*** ERRORS AND OMISSIONS EXCEPTED *** ALL MEASUREMENTS APPROXIMATE *** Copyright: 2014 06/19/14 The Barrie & District Association of REALTORS(R) Inc.
11:16 AM
Pricing Your Property Prepared for Michael and Denise Kalesnikoff
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 Statistics Average Price: High Price: Median Price: Low Price:
$387,700 $390,000 $390,000 $383,000
Figures are based on selling price after adjustments, and rounded to the nearest $100.
Summary... Analysis of the selected comparable properties suggest similar properties are selling in the price range of: $383,000 to $390,000
Recommend Price: $387,700
DAVE WALKER, Salesperson, Royal Lepage First Contact Realty 299 Lakeshore Dr., Barrie, On L4N7Y9 Office: (705) 309-9014 | Cell: 7053099014 | Fax: 7053530210
Preparing Your Home Prepared for Michael and Denise Kalesnikoff
Exterior The condition of your home's exterior is most important when it comes to buyer appeal. - House number should be easy to read - Lights on timers to ensure house is lit up after sunset - Eaves troughs, and down spouts in good repair - Garage/car port clean and tidy - Litter picked up - Cracked or broken window panes replaced - Doorbell and door hardware in good repair - Touch up trim paint on doors, window frames, fascia, etc. - Mow, edge and weed the lawn frequently until the home is sold. - Overgrown shrubbery should be cut back to show as much of the exterior as possible. - A low-cost investment in seasonal flowers or ground cover will add a personal touch. - Inspect the roof for necessary repairs and any visible broken shingles or tiles. - Stucco water stains can be repaired using a mild bleaching agent. - Fences should be mended and painted. - Wash all windows inside and outside. Interior Warm and welcoming! - Lights should be on and drapes should be left open during daylight - Heat set at a comfortable temperature - Fresh flowers/plants in various rooms - Chipped plaster and paint touched up and repaired - Doors and cupboards properly closed - Leaky taps and toilets repaired - Burned out light bulbs replaced - Squeaky doors oiled - Mirrors, fixtures, and taps cleaned and polished - Seals around tubs and basins in good repair - Floors cleaned, garbage containers emptied - Inside of closets and cupboards neat and tidy - Valuable property, out of reach, out of sight, or locked away - Pets absent, where possible, or contained during showings - All torn screens should be repaired or replaced. - Avoid repainting the entire house unless current colors are very loud or offbeat. - White or light pastels are the easiest to work with and they make your rooms look larger. - Fireplace lit in cooler weather - Air conditioner turned on in warm weather - Countertops neat and polished - Appliances cleaned - Inside of closets and cupboards neat and tidy