______
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Yanira Espinal JUNE 23, 2021
Juan C Granados The Agency DC Metro
June 23, 2021
Dear Yanira Espinal , 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 qualiTed 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 satisTed 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, Juan C Granados
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
2
Juan C Granados A Former Licensed Contractor and Active Investor with Numerous Years of Experience in Flipping Homes, I have taken My Expertise to the other side of the Real Estate Market; Sales. I will be honored to share my extensive knowledge in The Real Estate Market to get you the best possible edge you need when it comes to the Excitement of Purchasing or Listing your Home! Professional Credentials: -District of Columbia Real Estate License -Maryland Real Estate License -Virginia Real Estate License -Member of National Association of Realtors -Member of Maryland Association of Realtors -Member of Greater Capitol Area Association of Realtors Professional Experience: -Active Real Estate Investments -Investment Production Management -High Volume Real Estate Listing Dept. Management -Former Licensed Maryland Home Improvement Contractor -Former Licensed Locksmith
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
3
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
The Agency DC Metro Our company is a multifaceted business that operates with you, the customer, at the forefront of our day-to-day operations. We are well known and respected in the community and our philosophies are based on both honesty and integrity. As a client centered business, you will receive personal service and be backed by a reputable company. We implement multi-level marketing strategies that beneTt our clients with every transaction. Our real estate agents have extensive access to information about the communities in which they deal. This includes, but is not limited to: schools, populations, recreation, entertainment, home values, growth potential and surrounding areas. Many agents live in the areas we serve and therefore can more accurately overcome potential obstacles and focus on the unique needs of our clients. Our commercial division is well-equipped to provide today's growing number of real estate investors with opportunities for both income and commercial properties. The real estate market is always changing and as a result, our agents regularly attend training sessions and events to further their knowledge and be sure that they are focusing on current conditions that affect today's buyers and sellers. This type of training is imperative if we are to be successful in obtaining top dollar on home sales. Our goal is to make sure that we satisfy the special needs of all of our clients and at the same time make the process and transactions go as smoothly as possible. Our company is dedicated to maintaining a professional, trustworthy relationship with our clients. One way this can be seen is through this Comparative Market Analysis (CMA) which you hold in your hand. This CMA compiles the most current and accurate information relevant to the sale of your home. Seeing that this is perhaps your most valuable asset, it is imperative that you be equipped with the most complete information possible related to the pricing and marketing of your home.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
4
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
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 Telds 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.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
5
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Contact Me
Juan C Granados The Agency DC Metro
2403673520 Juan@AlexGroupRE.com
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
6
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = PENDING
A = COMING SOON
BEDS
BATHS
SQFT
PRICE
2809 Kingswell Dr
4
2.50
988
-
1,080
$475,000
1
Subject
2
MDMC749444
S
2607 Terrapin Rd
4
1.0/1.0
3
MDMC753926
S
2908 Parker Ave
4
2.0/0
858
$475,000
4
MDMC746728
S
3201 Henderson Ave
3
2.0/0
912
$439,000
5
MDMC750800
S
2805 Harris Ave
5
2.0/0
1,132
$450,000
6
MDMC755876
S
12120 Valleywood Dr
3
1.0/1.0
1,152
$310,000
7
MDMC747556
S
11904 Lafayette Dr
3
1.0/1.0
936
$425,000
8
MDMC744376
P
11706 Leona St
3
2.0/0
966
$445,000
9
MDMC758642
A
2618 Cory Ter
3
2.0/0
1,058
$449,999
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
7
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
2607 Terrapin Rd
5/26/21
4
1.0/1.0
1,080
$475,000
$440
2908 Parker Ave
6/9/21
4
2.0/0
858
$475,000
$554
4/28/21
3
2.0/0
912
$439,000
$481
5/7/21
5
2.0/0
1,132
$450,000
$398
12120 Valleywood Dr
5/12/21
3
1.0/1.0
1,152
$310,000
$269
11904 Lafayette Dr
4/12/21
3
1.0/1.0
936
$425,000
$454
1,011
$429,000
$433
3201 Henderson Ave 2805 Harris Ave
Averages
P
PENDING LISTINGS
ADDRESS
11706 Leona St
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
7/12/21
3
2.0/0
966
$445,000
$461
966
$445,000
$461
Averages
A
ACTIVE LISTINGS
ADDRESS
2618 Cory Ter
Averages
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
3
2.0/0
1,058
$449,999
$425
1,058
$449,999
$425
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
8
Listings
Juan C Granados The Agency DC Metro
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
2607 Terrapin Rd $475,000 CLOSED
MLS #MDMC749444
Silver Spring, MD 20906
4 Beds 1.0/1.0 Baths Year Built 1950
5/26/21
1,080 Sq. Ft. ($440 / sqft) Days on market: 4
Details Prop Type: Single Family Residence
Full baths: 1.0
List date: 4/8/21
Orig list price: $439,900
Half baths: 1.0
Off-market date: 5/26/21
Taxes: $3,378
County: MONTGOMERY
Acres: 0.18
Subdivision: GLENMONT VILLAGE
Lot Size: 7,657
Updated: May 26, 2021 11:42 AM
Garages: 1
List Price: $439,900
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Estimated
Heating Fuel: Natural Gas
Main Level Bedrooms: 2
Hot Water: Natural Gas
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Accessibility Features: Other
Construction Materials: Other
Interior Features: Entry Level Bedroom, Floor Plan Traditional, Wood Floors
# Of Detached Garage Spaces: 1
Style: ["Cape Cod"]
Features
Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Dryer, Washer Basement: Improved, Heated, Full, Fully Finished Below Grade Finished Area: 720
Patio And Porch Features: Porch(es)
Cooling Fuel: Natural Gas
Laundry Type: Has Laundry, Lower Floor, Dryer In Unit, Washer In Unit
Door Features: Storm
Levels: 3
Special Listing Conditions: Standard
Exterior Features: Other
Living Area Source: Estimated
Senior Community Yn: false
Cooling: Central A/C
Flooring: Hardwood Heating: Forced Air
Lot Size Source: Assessor Lot Size Units: Square Feet
Property Condition: Excellent Roof: Architectural Shingle
Sewer: Public Sewer Structure Type: Detached
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
10
Comparative Market Analysis
Tax Lot: 22 Tax Year: 2020
2809 Kingswell Drive, Silver Spring, Maryland 20902
Total Garage And Parking Spaces: 1
Water Source: Public Zoning: R60
Virtual Tour: View
Remarks Welcome Home, all you have to do in this one is move in!! The minute you walk through this home you feel it has been cared for and well loved by the second owners since they have owned it. Updated and upgraded kitchen with gas stove, silestone counters & beautiful cabinetry. 2 nicely sized bedroom on the main level and 2 on the upper level. Baths have been updated too!! Large rec room in the lower level is perfect for entertaining. Off street parking with your own private driveway and detached 1 car garage. Level lot to enjoy the outdoors too. Ample storage, close to major routes, public transportation and shopping. New chimney 2019, new vinyl siding and roof July 2020, new front porch April 2020, Kitchen renovation 2015, water heater November 2019, washer and dryer 2009 and so much more.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
11
Comparative Market Analysis
2607 Terrapin Rd $475,000 CLOSED
5/26/21
2809 Kingswell Drive, Silver Spring, Maryland 20902
MLS #MDMC749444
Silver Spring, MD 20906
4 Beds 1.0/1.0 Baths Year Built 1950
1,080 Sq. Ft. ($440 / sqft) Days on market: 4
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
12
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
2908 Parker Ave $475,000 CLOSED
MLS #MDMC753926
Silver Spring, MD 20902
4 Beds 2.0/0 Baths Year Built 1949
6/9/21
858 Sq. Ft. ($554 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.18
Updated: Jun 10, 2021 5:58 PM
County: MONTGOMERY
Lot Size: 7,776
List Price: $475,000
Subdivision: WHEATON HILLS
List date: 4/29/21
Orig list price: $435,000
Off-market date: 6/9/21
Taxes: $3,925
Above Grade Finished Area Source: Assessor
Below Grade Finished Area: 858
Heating: Forced Air
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Estimated
Hot Water: Natural Gas
Accessibility Features: None
Below Grade Finished Area Units: Square Feet
Style: ["Ranch/Rambler"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Appliances: Dishwasher, Disposal, Built-In Microwave, Refrigerator, Stove, Washer, Dryer, Stainless Steel Appliances Basement: Fully Finished, Improved
Heating Fuel: Natural Gas
Cooling: Central A/C, Ceiling Fan(s)
Interior Features: Ceiling Fan(s), Combination Dining/ Living, Entry Level Bedroom, Floor Plan - Open, Kitchen Eat-In, Stall Shower, Tub Shower, Window Treatments, Wood Floors
Cooling Fuel: Electric
Laundry Type: Lower Floor
Flooring: Hardwood, Vinyl
Levels: 2
Construction Materials: Brick
Living Area Source: Estimated Lot Features: Landscaping, Rear Yard Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 2 Other Structures: Shed Parking Features: Concrete Driveway Patio And Porch Features: Deck(s)
Furnished: No
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
13
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Pets Allowed: No Pet Restrictions
Special Listing Conditions: Standard
Tax Year: 2021
Zoning: R60
Property Condition: Excellent
Total Garage And Parking Spaces: 2
Driveway Spaces: 2
Senior Community Yn: false
Road Responsibility: City/ County
Sewer: Public Sewer
Virtual Tour: View
Structure Type: Detached
Water Source: Public
Roof: Architectural Shingle
Tax Lot: 13
Window Features: Vinyl Clad
Remarks Welcome home to 2908 Parker Avenue - a 4-bedroom, 2 full bath rambler. Enter this home to Tnd a bright living/dining room with hardwood Uoors and updated lighting. This space opens into your table space kitchen with a new stainless refrigerator, new microwave, and young dishwasher . From the kitchen enjoy the view of the fully fenced, landscaped yard with dry rock creek, succulent garden, perennials -there's even a Tg and a pear tree! Sliding doors from kitchen step onto the expansive deck newly rebuilt in 2017. Two light-Tlled bedrooms can be found on the main level, both with hardwood Uoors. Updated bath with new vanity cabinet, sink, and designer tile and lighting. Lower level offers more living options with large family room space as well as two rooms which can serve as bedroom, oVce, denLower level freshly Tnished with luxury glazed porcelain tile Uooring. This level has another full bath, as well as laundry room with gas dryer, and lots of storage options. This home has a young roof, furnace, hot water heater, and updated windows. Location! Wonderful community with sidewalks. Two blocks from Wheaton Claridge Park - with a serene stream that Uows through its 21.1 acres. The park completed renovations in 2018 with an accessible playground, basketball court, and network of natural surface trails; it includes a picnic area and activity building. Less than 1 mile from Wheaton Metro Station. Close to shops at WestTeld Shopping Center. Great dining options in Wheaton and Kensington. Enjoy nearby rebuilt Wheaton Library and Recreation Center. Conveniently located short distance to schools, Wheaton Regional (trails, tennis, riding stables, ice arena, etc.) and Sligo Creek Parks. Do not miss the opportunity to see this home!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
14
Comparative Market Analysis
2908 Parker Ave $475,000 CLOSED
6/9/21
2809 Kingswell Drive, Silver Spring, Maryland 20902
MLS #MDMC753926
Silver Spring, MD 20902
4 Beds 2.0/0 Baths Year Built 1949
858 Sq. Ft. ($554 / sqft) Days on market: 7
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
15
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
3201 Henderson Ave
Silver Spring, MD 20902
$439,000 CLOSED
3 Beds 2.0/0 Baths Year Built 1953
4/28/21
MLS #MDMC746728 912 Sq. Ft. ($481 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.19
Updated: Apr 28, 2021 11:33 AM
County: MONTGOMERY
Lot Size: 8,363
List Price: $439,000
Subdivision: CONN AVE ESTATES
List date: 3/24/21
Orig list price: $439,000
Off-market date: 4/28/21
Taxes: $3,356
Basement: Connecting Stairway, Daylight, Partial, Full, Fully Finished, Heated, Improved, Interior Access, Windows
Cooling: Central A/C
Below Grade Finished Area: 640
Heating: Forced Air
Below Grade Finished Area Source: Assessor
Hot Water: Natural Gas
Style: ["Ranch/Rambler"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Below Grade Finished Area Units: Square Feet Construction Materials: Other
Cooling Fuel: Electric Flooring: Hardwood, Carpet, Ceramic Tile, Concrete Heating Fuel: Natural Gas
Interior Features: Attic, Breakfast Area, Built-Ins, Carpet, Combination Dining/ Living, Dining Area, Entry Level Bedroom, Floor Plan Open, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors, Other Levels: 2
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
16
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Living Area Source: Assessor
Patio And Porch Features: Patio(s), Porch(es)
Special Listing Conditions: Standard
Tax Year: 2020
Lot Size Source: Assessor
Senior Community Yn: false
Lot Size Units: Square Feet
Property Condition: Excellent, Very Good
Sewer: Public Sewer
Window Features: Double Pane
Main Level Bedrooms: 3
Roof: Architectural Shingle
Structure Type: Detached
Zoning: R60
Water Source: Public
Tax Lot: 20
Remarks OPEN HOUSE SATURDAY MARCH 27TH (1-3PM) - Completely updated, three bedroom, two full bathroom rambler in highly sought after Connecticut Avenue Estates! This exceptional, move in ready property features a sun Tlled, open concept living area that is highlighted by a stunning, gourmet kitchen with island! The main level also includes three large bedrooms, an updated full bathroom, and a spacious living room! Enjoy a fully Tnished lower level that includes a full bathroom, guestroom/oVce, relaxing family room, and plenty of storage space! Make great memories on quiet evenings in a private and well landscaped backyard and enjoy close proximity to area shopping, schools, and major commuter routes! Recent updates include roof (2017), siding (2017), HVAC (2017), Appliances (2017), Sewer line (2020), and more! Come quickly! This one won't last long!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
17
Comparative Market Analysis
3201 Henderson Ave $439,000 CLOSED
4/28/21
2809 Kingswell Drive, Silver Spring, Maryland 20902 Silver Spring, MD 20902
3 Beds 2.0/0 Baths Year Built 1953
MLS #MDMC746728 912 Sq. Ft. ($481 / sqft) Days on market: 7
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
18
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
2805 Harris Ave $450,000 CLOSED
MLS #MDMC750800
Silver Spring, MD 20902
5 Beds 2.0/0 Baths Year Built 1952
5/7/21
1,132 Sq. Ft. ($398 / sqft) Days on market: 8
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.18
Updated: Jun 10, 2021 4:36 PM
County: MONTGOMERY
Lot Size: 7,848
List Price: $449,999
Subdivision: WHEATON CREST
List date: 4/8/21
Orig list price: $449,999
Off-market date: 5/7/21
Taxes: $3,726
Above Grade Finished Area Source: Estimated
Below Grade Finished Area: 925
Heating Fuel: Natural Gas
Main Level Bedrooms: 3
Hot Water: Natural Gas
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Estimated
Accessibility Features: Level Entry - Main
Below Grade Finished Area Units: Square Feet
Appliances: Built-In Microwave, Dryer, Extra Refrigerator/Freezer, Microwave, Refrigerator, Stove, Washer
Construction Materials: Brick
Interior Features: 2nd Kitchen, Crown Moldings, Dining Area, Floor Plan Traditional, Formal/Separate Dining Room, Wood Floors, Other
Property Condition: Very Good
Cooling: Central A/C
Levels: 2
Senior Community Yn: false
Cooling Fuel: Electric
Sewer: Public Sewer
Basement: Other
Flooring: Hardwood
Living Area Source: Estimated Lot Size Source: Assessor
Tax Lot: 7
Lot Size Units: Square Feet
Tax Year: 2020
Style: ["Ranch/Rambler"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Heating: Heat Pump - Gas BackUp
Roof: Shingle Rooms Total: 5 Special Listing Conditions: Standard
Structure Type: Detached
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
19
Comparative Market Analysis
Total Garage And Parking Spaces: 3
2809 Kingswell Drive, Silver Spring, Maryland 20902
Water Source: Public
Zoning: R60
Driveway Spaces: 3
Remarks Please follow COVID Protocols. All must wear masks and shoe covers. Only decision makers should be present for showings, no more than 2 adults, No children under 18. Please have all parties wear shoe covers, use hand sanitizer before entering the property. Owner occupied. Children present at home. Please schedule all appointments with SHOWINGTIME. Must make an appointment at least 2 hours in advance. Welcome to this beautiful well maintained house.!!!!!!! PRIME LOCATION, close to public transportation, metro and shopping. Fenced backyard, Large driveway, Fully Tnished walk out basement with kitchen. Shows very well. SOLD AS IS Call Olga (listing agent) for questions.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
20
Comparative Market Analysis
2805 Harris Ave $450,000 CLOSED
5/7/21
2809 Kingswell Drive, Silver Spring, Maryland 20902
MLS #MDMC750800
Silver Spring, MD 20902
5 Beds 2.0/0 Baths Year Built 1952
1,132 Sq. Ft. ($398 / sqft) Days on market: 8
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
21
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
12120 Valleywood Dr
Silver Spring, MD 20902
$310,000 CLOSED
3 Beds 1.0/1.0 Baths Year Built 1953
5/12/21
MLS #MDMC755876 1,152 Sq. Ft. ($269 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 5/13/21
Taxes: $3,672
Half baths: 1.0
County: MONTGOMERY
Acres: 0.21
Updated: May 13, 2021 12:14 PM
Subdivision: CONN AVE ESTATES
Lot Size: 8,954
List Price: $299,900
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 5/1/21
Orig list price: $299,900
Above Grade Finished Area Source: Assessor
Construction Materials: Other
Living Area Source: Assessor
Special Listing Conditions: Standard
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Assessor
Senior Community Yn: false
Cooling Fuel: Electric
Lot Size Units: Square Feet
Sewer: Public Sewer
Accessibility Features: None
Furnished: No
Main Level Bedrooms: 3
Structure Type: Detached
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Tax Lot: 25
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Property Condition: Major Rehab Needed, Below Average
Style: ["Ranch/Rambler"]
Features
Heating Fuel: Natural Gas Levels: 1
Tax Year: 2020 Water Source: Public Zoning: R60
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
22
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Remarks RENOVATORS, FLIPPERS, REHABBERS....COME AND GET IT! Rambler needs updating and renovating! Sold in AS IS condition....CASH OFFERS ONLY!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
23
Comparative Market Analysis
12120 Valleywood Dr $310,000 CLOSED
5/12/21
2809 Kingswell Drive, Silver Spring, Maryland 20902 Silver Spring, MD 20902
3 Beds 1.0/1.0 Baths Year Built 1953
MLS #MDMC755876 1,152 Sq. Ft. ($269 / sqft) Days on market: 2
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
24
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
11904 Lafayette Dr
Silver Spring, MD 20902
$425,000 CLOSED
3 Beds 1.0/1.0 Baths Year Built 1955
4/12/21
MLS #MDMC747556 936 Sq. Ft. ($454 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.16
Updated: Apr 12, 2021 4:56 PM
County: MONTGOMERY
Lot Size: 7,020
List Price: $400,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: HIGHLAND WOODS
List date: 3/11/21
Orig list price: $400,000
High: ALBERT EINSTEIN
Off-market date: 4/12/21
Taxes: $3,549
Middle: NEWPORT MILL
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Other Structures: Shed
Heating Fuel: Natural Gas
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Property Condition: Excellent, Very Good
Accessibility Features: None
Construction Materials: Brick
Style: ["Ranch/Rambler"]
Elementary: HIGHLAND
Full baths: 1.0
Features
Basement: Improved, Partially Finished, Workshop Basement Finished Percent: 50.0 Below Grade Finished Area: 500
Cooling: Central A/C
Interior Features: Entry Level Bedroom, Wood Floors Levels: 2
Roof: Asphalt Special Listing Conditions: Standard
Living Area Source: Assessor
Senior Community Yn: false
Cooling Fuel: Electric Exterior Features: Exterior Lighting
Lot Size Source: Assessor
Structure Type: Detached
Lot Size Units: Square Feet
Tax Lot: 4
Main Level Bedrooms: 3
Tax Year: 2020
Fencing: Fully Flooring: Hardwood, Carpet
Sewer: Public Sewer
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
25
Comparative Market Analysis
Virtual Tour: View
2809 Kingswell Drive, Silver Spring, Maryland 20902
Water Source: Public
Zoning: R60
Remarks Offers due Monday, March 15th at 1pm. 1 year home warranty offered with sale, cost not to exceed $600. Solid Brick rambler located on a quiet street in the heart of Wheaton! Recent updates include newer roof 1 year old, gorgeous reTnished hardwood Uooring, fresh paint, and basement upgrades. Lower level has brand new-carpeting in the living area and bonus bedroom. Lower level also has spacious storage and/or workshop space! The home features a whole house fan. The Uat and grassy backyard is fully fenced and includes a shed. Fantastic location convenient to both Wheaton and Glenmont Metro Stations, Georgia Ave. and Connecticut Ave, Wheaton Library and Rec. Center, and beautiful Brookside Gardens and Wheaton Regional Park!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
26
Comparative Market Analysis
11904 Lafayette Dr $425,000 CLOSED
4/12/21
2809 Kingswell Drive, Silver Spring, Maryland 20902 Silver Spring, MD 20902
3 Beds 1.0/1.0 Baths Year Built 1955
MLS #MDMC747556 936 Sq. Ft. ($454 / sqft) Days on market: 6
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
27
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
11706 Leona St $445,000 PENDING
MLS #MDMC744376
Silver Spring, MD 20902
3 Beds 2.0/0 Baths Year Built 1949
7/12/21
966 Sq. Ft. ($461 / sqft) Days on market: 18
Details Prop Type: Single Family Residence
Acres: 0.17 Lot Size: 7,568
Updated: Jun 10, 2021 3:53 PM
County: MONTGOMERY
Garages: 1
List Price: $445,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: NONE AVAILABLE
List date: 5/7/21
Orig list price: $445,000
High: ALBERT EINSTEIN
Off-market date: 5/26/21
Taxes: $3,883
Middle: NEWPORT MILL
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Estimated
Cooling Fuel: Electric
Lot Size Units: Square Feet
Special Listing Conditions: Standard
Accessibility Features: None
Fireplaces Total: 1
Main Level Bedrooms: 2
Senior Community Yn: false
Basement: Walkout Level, Fully Finished, Rear Entrance
Flooring: Laminated, Ceramic Tile
# Of Detached Garage Spaces: 1
Sewer: Public Sewer
Below Grade Finished Area: 429
Heating: Central
Tax Lot: 3
Heating Fuel: Natural Gas
Pets Allowed: No Pet Restrictions
Hot Water: Natural Gas
Property Condition: Good
Levels: 2
Roof: Shingle
Total Garage And Parking Spaces: 1
Living Area Source: Assessor
Room Type: Family Room
Water Source: Public
Style: ["Ranch/Rambler"]
Elementary: HIGHLAND
Full baths: 2.0
Features
Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Vinyl Siding, Brick Front
Structure Type: Detached Tax Year: 2021
Zoning: R60
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
28
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Remarks Much larger than it seems. Must see it! "AS IS CONDITION" Charming brick colonial features laminated hardwood Uoors, garage, large driveway, large front and back patio, detached shed. First level has 2 Bedrooms, a full bathroom, living room, kitchen and large Florida/family room. Fully Tnished walkout basement with its own full bathroom, 1 large bedroom, small kitchen and laundry area. An opportunity for those that would like to rent it out or convert it into a nice big family room with extra storage! Come by and check this home out if it's a right Tt for you and your family. Home is being sold AS IS. Home is a little bit messy because of the move out packing process. Close to Wheaton Metro Station.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
29
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
2618 Cory Ter $449,999 COMING SOON
MLS #MDMC758642
Silver Spring, MD 20902
3 Beds 2.0/0 Baths
1,058 Sq. Ft. ($425 / sqft)
Year Built 1958
6/17/21
Days on market: 6
Photo not available
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.14
Updated: Jun 23, 2021 3:42 AM
County: MONTGOMERY
Lot Size: 6,308
List Price: $449,999
Subdivision: KINGSWELL
List date: 6/17/21
Orig list price: $449,999
Style: ["Ranch/Rambler"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Taxes: $3,963
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Special Listing Conditions: Standard, Probate Listing
Above Grade Finished Area Units: Square Feet
Construction Materials: Aluminum Siding
Lot Size Source: Assessor
Senior Community Yn: false
Lot Size Units: Square Feet
Sewer: Public Sewer
Accessibility Features: None
Cooling: Central A/C
Main Level Bedrooms: 3
Structure Type: Detached
Basement: Connecting Stairway, Full, Rear Entrance, Windows, Workshop
Cooling Fuel: Electric
Property Condition: Very Good
Tax Lot: 19
Fireplaces Total: 1 Flooring: Carpet, Hardwood
Roof: Asphalt
Water Source: Public
Heating: Forced Air
Room Type: Living Room, Dining Room, Kitchen, Family Room, Sun/Florida Room, Laundry, Workshop
Zoning: R60
Below Grade Finished Area: 500 Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas Hot Water: Natural Gas
Tax Year: 2020
Levels: 2
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
30
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Remarks Lovely home in a great location just blocks from the Glenmont Metro. Freshly painted throughout, beautiful reTnished hardwood Uooring and new carpeting in the expansive Florida Room Addition this -home is move in ready. The fully Tnished lower level with Treplace, laundry room, workshop and storage is an added bonus. New roof *** Newer HVAC *** New hot water heater and spacious deck. Area attractions include Brookside Gardens, Wheaton Regional Park, a new public library, community swimming pool, WestTeld Mall, and Costco. Open House Sunday, June 27th -- if still available.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
31
Analysis
Juan C Granados The Agency DC Metro
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Comparable Property Statistics S
6 Sold Listings LOWEST
$310,000
P
$429,000
HIGH
$475,000
AVG PRICE / SQFT
AVG DOM
$433
5
AVG PRICE / SQFT
AVG DOM
$461
18
AVG PRICE / SQFT
AVG DOM
$425
6
1 Pending Listings LOWEST
$445,000
A
AVERAGE
AVERAGE
$445,000
HIGH
$445,000
1 Active Listings LOWEST
$449,999
AVERAGE
$449,999
HIGH
$449,999
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
33
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Sold Property Analysis Averages
102.8%
Homes sold for an average of 102.8% of their list price.
5
Days on market
It took an average of 5 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
2607 Terrapin Rd
$439,900
$475,000
107.98%
4
$440
2908 Parker Ave
$435,000
$475,000
109.20%
7
$554
3201 Henderson Ave
$439,000
$439,000
100.00%
7
$481
2805 Harris Ave
$449,999
$450,000
100.00%
8
$398
12120 Valleywood Dr
$299,900
$310,000
103.37%
2
$269
11904 Lafayette Dr
$400,000
$425,000
106.25%
6
$454
$410,633
$429,000
104.47%
5
$433
Averages
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
34
Closing
Juan C Granados The Agency DC Metro
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Marketing Action Plan Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the Erst important step is to: Sign and complete the Listing Agreement
First Week Enter listing into the MLS system. Put up "For Sale" yard sign. Install lock box. (optional) Schedule time to shoot property photos. Review showing procedure. Prepare property Uyer. Syndicate listing to real estate websites.
Second Week Invite brokers and agents to tour home. Begin agent to agent marketing efforts. Review and update status.
Third Week Hold Open House.
Ongoing activities Show property to potential buyers. Follow-up on Internet leads. Monitor market conditions. Monitor comparable properties for sale. Monitor foreclosures and short sales in market.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
36
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Commission Distribution
The vast majority of real estate agents work on commission, meaning that they are paid once the transaction closes. To simplify how commissions are routed, sales commissions are paid out of the seller's proceeds, according to the terms of the listing agreement and/or the sales contract. Thus, the buyers' agent commission is paid by the sellers, as a portion of their listing commission. All commissions paid to a real estate agent have to pass through their broker; only a broker can pay a commission and only a broker can sign a listing agreement or a buyer representation agreement. When the home is listed in the Multiple Listing Service (MLS), the listing broker discloses the terms of the commission to other cooperating brokers, so they know what compensation is offered before they bring their buyers to the listing. When the buyer's broker presents an offer to the seller, it typically includes a provision to collect their share of the sales commission, as offered by the listing agent in the MLS. At the closing, you will see the amount of commission being paid to each agent's brokerage on the closing disclosure form. There will be a portion for the listing brokerage and a portion for the selling brokerage. Each agent will then be paid by their broker for whatever amount of the commission they have earned based on their compensation agreement with their brokerage. Because agents are independent contractors, they use their portion of the commission to cover all of their business costs, including marketing, health insurance, licensing costs, business insurance, continuing education, and more.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
37
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Why you need a real estate professional Given the proliferations of services that help home buyers and sellers complete their own transaction, you may have considered whether you should go it yourself instead of working with an agent. However, there is no substitute for an experienced professional, and taking on all the responsibility yourself could be costlier than an agent's commission in the long run. According to the National Association of Realtors' 2019 ProTle of Home Buyers and Sellers, only 8% of home sales were accomplished as for sale by owner (FSBO), and of those, 77% knew their buyer personally. FSBO home sales had a median price of $200,000 in 2019, compared to the agent assisted home sale median price of $280,000. Beyond the price advantage of using an agent, homes listed by real estate professionals get more exposure and their sellers get more support. Here are some other considerations: • They're trained and licensed professionals. • They have experience in your neighborhood and your market. • They have oversight from brokers and state licensing oVcials. • Their job is to advise you the best way to reach your goals. • They know how to present your home and deal with buyers. • They know how and where to market properties effectively. • They know how to overcome typical snags that occur in real estate transactions and closings. • They understand state-required disclosures and look out for your best interests. • They understand personal safety and security for your belongings during showings. • They know the best resources to make transactions go more smoothly, from bankers to home-stagers to contractors. • They have access to the most accurate and comprehensive data - the MLS, the only data repository that has the most up-to-date listing and sales information. • They know how to negotiate. • Their job is making real estate transactions successful. • Their continuing education keeps them up-to-date on housing issues. With a real estate professional in your corner, you'll have a partner by your side to advocate for you and advise you through the entire home sale process.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
38
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Intelligent Pricing and 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 Trst two weeks of marketing are crucial. • The market never lies, but it can change its mind. 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 biggest are location and condition. Generally, fair market value can be estimated by considering the 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 it, 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.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
39
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Intelligent Pricing and Timing
Your best chance of selling your home is in the Trst two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, full description and photos 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 Uurry of attention and interest in the Trst 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 either 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.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
40
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Curb Appeal, A First Impression That Lasts Most buyers form their Trst impression of your home before they even get out of the car. Curb appeal is the view from the curb that gives potential buyers the Trst chance to fall in love with your home. The exterior of your home should be in pristine condition - clean, cleared of clutter, with no visible repairs needed. A broken step, overgrown bush, or abandoned toys in the yard can spoil both the home's appearance and the potential buyer's Trst impression. Here's a simple cleanup and spruce up checklist to make sure your home leaves a stellar Trst impression: • Clear driveways and walkways of snow, weeds, and debris. Repair or replace cracked steps or pavers. Whenever possible, driveways should be clear of vehicles. • Keep your lawn mowed, edged, and watered. Prune dead branches and plants. Weed Uower beds and replace leggy, thin landscaping with fresh plants and Uowers. • Replace loose or damaged roof shingles, clean the gutters, and paint and caulk window trim and doors. • Make the front door area shine: consider repainting your front door and placing a new welcome mat. Polish the door hardware and make sure all front facing windows are clean. • Power wash siding, brick, windows, and porches. • Replace light Txtures -and if possible, pick new Txtures with the same mounting system to save time and hassle. • Install new house numbers that match the Tnish of your light Txtures. • Consider upgrading your mailbox; it's an inexpensive Tx and the Trst thing that buyers will see when they pull up to your home. • Install Uowerboxes or pots of blooming Uowers for a pop of color. • Hang a seasonal wreath from your front door.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
41
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Staging Your Home When you list your home for sale, it becomes a product rather than your personal retreat. You want potential homebuyers to be able to envision themselves living in the home, which can be diVcult if your family's personality is still evident. Before going on market, your agent will recommend decluttering and depersonalizing, but you may also want to bring in a professional stager to help guide you through showing your home in its most marketable light. When done correctly, staging can not only set the right emotional tone for buyers about the home, but can also help highlight the most attractive features of the home. Staging can potentially make you money, too: 77% of listing agents said a well-staged environment increases the dollar value buyers are willing to offer, according to the National Association of Realtors ProTle of Home Staging. Staging can also shorten the length of time your home is on the market, with agents reporting that their staged homes were going under contract faster than those without. A professional stager will typically begin with an in-home consultation, where they will walk through your home with you, review the property, and provide a report with their advice for the home. The report will include advice on de-cluttering, storing items, reorganizing furniture placement, and possibly changing out paint colors in different rooms. The stager may also give tips for improving curb appeal. The most common rooms that are staged are the living room, kitchen, master bedroom, and dining room. Depending on what your home needs, and whether you want to do the work yourself or hire it done, your stager could handle bringing in supplementary furniture and décor items, manage painting or other contractors coming to your home, and have a more hands on role in getting your home ready to go on the market. The cost of services provided will vary depending how much assistance your home will need.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
42
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Showings and Open House Checklist Once your home goes on the market, real estate agents may call to show your home anytime, even if you've listed preferred showing times in the instructions. Keeping your home in showtime condition can be challenging, especially if you have children and pets. Here are some pointers for presenting your home in the best light Showings & Open House Checklist • Eliminate clutter: The less cluttered your home, the better it shows. If you have a lot of knick-knacks, collections, or family mementos, consider renting a portable storage unit, which can be stored until it's time to deliver it to your new home. • Keep, donate, throw away: If you have time before you go on the market, sort unwanted belongings into one of these three baskets. You'll receive more in tax beneTts for your donations than pennies on the dollar at a garage sale. It's faster, more eVcient and you'll help more people. • Remove temptations: Take valuable jewelry and collectibles to a safety deposit box, a safe, or store them in a secure location. Also secure your prescription medicine and private Tnancial documents. • Remove breakables: Figurines, china, crystal and other breakables should be packed and put away in the garage or storage. • Be hospitable: You want your home to look like a home. Open the blinds, turn on the lights, and make visitors feel welcomed. • Have a family plan of action: When a showing happens at an inconvenient time, get the family engaged. Everyone can pitch in to tidy up in a hurry: pick up glasses, plates, clothing, and anything else left lying about. • Get in the habit: Wash dishes immediately after meals. Clean off countertops. Make beds in the morning. Keep pet toys and beds washed and smelling fresh. • Clean out the garage and attic: Buyers want to see what kind of storage there is.
The Essential Five-minute Clean-up for Showings Everyone gets a basket and cleans up clutter. Check for hazards, like toys left on the Uoor. Make sure all toys, including bicycles, are put away. • Put pets in daycare, sleep cages or take them with you: In the listing instructions, there should be a warning if there is a big dog on premises. Buyers with allergies also may appreciate knowing in advance if you have pets. • Turn on lights: Open the drapes, turn on lights so buyers can really see. • Give the buyer privacy: The buyer cannot come to your home without being accompanied by an agent. They will be more comfortable touring the home without your presence.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
43
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Moving Checklist Moving to a new home can be an exciting but stressful journey. By Ending the right movers and having a good, though Fexible, moving plan, most of the common moving headaches can be easily avoided. Start planning Finding the best mover for you at the right price involves a simple evaluation of your needs. Moving companies provide a wide range of services, from planning your move, storing your things, packing and unpacking, to decorating and organizing your belongings in your new home. You can choose which services you want and have them tailored to suit your budget.
Compare movers When you compare price and service estimates from several companies, you will Tnd that estimates are based on the weight of your household items, the distance they will be moved, and the amount of packing and other services you will require. Be sure to show the estimator every item that will be moved. Estimates should be done in person and include a clear explanation of rates and charges that will apply, the mover's liability for your belongings, pick-up and delivery schedules, and claims protection. If you are moving interstate, you should read and understand all of the information you will receive. In addition to brochures explaining their various services, moving companies should give you a copy of a consumer booklet titled "Your Rights and Responsibilities When You Move" and information regarding the mover's participation in a Dispute Settlement Program. Distribution of the consumer booklet and the requirement that movers must offer shippers neutral arbitration as a means of settling disputes that may arise concerning loss or damage on household goods shipments are requirements of the Federal Highway Administration (FHWA).
Be prepared Even in the most well-planned moves, something unexpected may happen. In those instances, insurance is crucial. Check with your homeowner's insurance provider about coverage for your belongings while moving. Your mover will provide either released value insurance (about $0.60 per pound of goods lost or damaged, according to NAVL.com) or full replacement value, which you must sign for on your bill of lading. If you are not sure how to estimate the value of your belongings for insurance purposes, your insurance carrier can help. Items of special value such as heirlooms, paintings, or collectibles can be insured under separate riders. In the event of damage to an item, Tle a claim immediately. Be sure to save the packing materials to show to the adjuster, should there be any problems.
Packing up and moving on Once the time has come to start packing and organizing, here are some tips to make the process smooth: • Start by packing the things you use most infrequently.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
44
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
• Pare down items that have accumulated over time by grouping them into 3 categories Keep, Donate, or Throw Away. • Create an inventory sheet of valuables and a list of which boxes they were packed in. • Label your boxes according to the rooms where they'll be moved - bedroom #2, 1st Uoor bath, etc. Consider using different colored stickers/tape for each room. • Provide your movers with copies of the Uoorplan of your new home, so they can move more eVciently without having to stop and ask you where things go. • Try to keep boxes under 50 lbs. whenever possible, put heavier items in smaller boxes to reduce bulkiness, and place lighter items in larger boxes. • Dispose of items that can't be moved, like Uammable liquids, cleaning Uuids, etc. Prepare your mower by emptying the fuel and recycle your propane grill tanks. • Snap a photo of the back of electronic devices so you know which wires to attach when setting them up in your new home. • Pack an overnight bag with moving day essentials, including toiletries, clothes, medications, and charger cords.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
45
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Listing Paperwork Overview It is my job to bring you an offer that you want, at the price you want, at the terms you want. To begin that process we need to complete the listing agreement paperwork. This will let me start the process of marketing and selling your home, but it also serves to protect you and your assets. Here's an overview of the information I will need to begin the process of selling your home. I'm going to start off with the top 5 pieces of information we capture in the listing agreement. 1. First off I'm going to need basic information like your name and the address of the property we are listing for sale. 2. We also want to agree on what types of offers we can accept. 3. We need to include the agreed-upon list price. 4. We will also document what my compensation will be when the property is sold. 5. One of the most important aspects of a listing agreement is to highlight what items are not included with the sale of the property. For instance, is there a chandelier you want to take with you? Here is some other important information we will also capture in the listing agreement. • How I handle multiple offer situations • Required disclosures • IndemniTcation • Fair housing • HOA details • Special Assignments? • Yard Sign • Lockbox • Is the property vacant or leased, how long? • Tax • Mediation • Was or is the house in foreclosure • Has a notice of default been issued • State laws • Internet marketing permission There may be other information that is tied to state or local regulations but I will make sure to go over these while we are completing the paperwork.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
46
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Notes
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
47
Guidance
Juan C Granados The Agency DC Metro
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
Client Testimonials Here's a list of my happy customers! Customer 1 Customer 2 Customer 3
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
49
Comparative Market Analysis
2809 Kingswell Drive, Silver Spring, Maryland 20902
The Value of Your Home In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple. Every home is different When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:
Location The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.
Size Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.
Number of bedrooms and baths Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.
Features and Enishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Tnished with hardwood Uoors and granite countertops is going to cost more than a home with carpet and laminate countertops.
Condition The closer a home is to new construction, the more it will retain its value. It's perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less as purchasers' factor in the cost of updating and eventually replacing appliances and systems.
Curb appeal From the street, the home looks clean, fresh, and inviting. Fresh landscaping and Uowers won't change the size or location, but they certainly add charm. When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, paint colors, or the overall taste of the homeowner.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
50