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at Keller Williams Integrity

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Comparative Market Analysis for 13492 W 21st Ave, Golden, CO 80401 AUGUST 2, 2022

Kendra Madrid

13492 W 21st Ave, Golden, CO 80401-2106, Jefferson County APN: 031861

CLIP: 2568593187

Beds 3

Full Baths 2

Half Baths N/A

Sale Price $239,900

Bldg Sq Ft 1,247

Lot Sq Ft 10,727

Yr Built 1960

Type SFR

Sale Date 11/06/2001

OWNER INFORMATION

Owner Name

Steward James E

Mailing Zip

80401

Owner Name 2

Steward Jane E

Mailing ZIP 4

2106

Mailing Address

13492 W 21st Ave

Mailing Carrier Route

C018

Mailing City & State

Golden, CO

Owner Occupied

Yes

Property Zip

80401

Census Tract

98.06

Property Zip4

2106

Neighborhood Code

Applewood West, Mead-2420

Property Carrier Route

C018

Neighborhood Name (OnBoard)

Applewood Valley

School District

Jefferson County R-1

Township

Elementary School

Maple Grove

Range

Middle School

Everitt

Section

High School

Golden

Quarter

Subdivision

Applewood West Flg #3

Block

Zoning

R-1A

Lot

031861

% Improved

56%

Alternate PIN

39-311-14-004

Tax District

4697

Schedule Number

031861

Legal Description

SECTION 31 TOWNSHIP 03 RANG E 69 SUBDIVISIONCD 039000 SUB DIVISIONNAME APPLEWOOD WE ST FLG #3 BLOCK 022 LOT 0014 SIZE: 10727 TRACT VALUE: .246

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$197,243

$165,974

Market Value - Improved

$251,000

$235,540

Market Value - Total

$448,243

$401,514

Assessed Value - Land

$14,103

$11,867

Assessed Value - Improved

$17,947

$16,841

Assessed Value - Total

$32,050

$28,708

YOY Assessed Change (%)

11.64%

YOY Assessed Change ($)

$3,342

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,865

2020

$2,904

$38

1.34%

2021

$3,236

$332

11.44%

CHARACTERISTICS

Lot Acres

0.2463

# Buildings

Lot Sq Ft

10,727

Bedrooms

Land Use - CoreLogic

SFR

Baths - Total

Building Type

Single Family

Baths - Full

Style

Ranch

Stories

Year Built

1960

Heat Type

Forced Air

Bldg Sq Ft - Above Ground

1,247

Garage Type

Attached Garage

Bldg Sq Ft - Basement

1,247

Garage Sq Ft

286

Bldg Sq Ft - Unfinished Basement

1,247

Construction

Masonry

Bldg Sq Ft - Total

2,494

Water

Type Unknown

Bldg Sq Ft - Finished

1,247

Sewer

Type Unknown

Bldg Sq Ft - 1st Floor

1,247

Quality

Average

Basement Type

Basement

Property Details

Courtesy of Kendra Madrid, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 08/02/22 Page 1/3

FEATURES

Feature Type

Size/Qty

Covered Porch

160

Attached Garage

286

First Floor

1,247

Basement Total

1,247

SELL SCORE

Rating

Low

Sell Score

394

Value As Of

2022-07-31 05:10:26

LAST MARKET SALE & SALES HISTORY

Sale Date

11/06/2001

Deed Type

Warranty Deed

Sale Price

$239,900

Owner Name

Steward James E

Price per SqFt - Finished

$192.38

Owner Name 2

Steward Jane E

Document Number

F1354719

Seller

Ulrich Oscar F & Nelly

Sale Type

Full

Sale Date

11/06/2001

Sale Price

$239,900

$84,000

Buyer

Steward James E & Jane E

Ulrich Oscar F

Buyer

Steward Jane E

Seller

Ulrich Oscar F & Nelly

Halbrook Ermil W

Document Number

F1354719

84083408

Document Type

Warranty Deed

Title Company

First American Heritage Title

MORTGAGE HISTORY

Mortgage Date

07/30/2020

06/08/2017

05/19/2015

12/31/2013

09/03/2009

Mortgage Amount

$270,000

$277,500

$250,800

$249,694

$261,699

Mortgage Lender

Mr Cooper

Nationstar Mtg LLC

Greenlight Loans

United Wholesale Mtg

Borrower

Steward James E

Borrower

Steward Jane E

Mortgage Type

Conventional

Fha

Mortgage Purpose

Refi

Mortgage Int Rate

5.5

Mortgage Int Rate Type Mortgage Term

Mortgage Term

Years

Other

Custom Recording Sol utions

Stewart Title

Title Company

Mortgage Date

09/17/2008

04/29/2005

12/04/2003

Mortgage Amount

$250,593

$30,000

$212,000

Mortgage Lender

Home Svgs/America

Lendingtree Lns

Access Lndg Grp

Borrower

Steward James E

Borrower

Steward Jane E

Mortgage Type

Fha

Conventional

Mortgage Purpose

Refi

Mortgage Int Rate

6.75 Fixed Rate Loan

Fixed Rate Loan

Mortgage Int Rate Type Mortgage Term

Mortgage Term

Years

Title Company

Title America

Property Details

American Title Co

First American Heritage Title

Courtesy of Kendra Madrid, REcolorado

Generated on: 08/02/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Kendra Madrid, REcolorado

Generated on: 08/02/22 Page 3/3

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Online Valuation Analysis How accurate are Zestimates?

0.1%

$957

Zestimates varied up to 0.1% or $957 compared to actual MLS prices.

1 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

$621,000

$621,001

0.0%

PRICE

ZESTIMATE

DIFFERENCE

13610 Braun Drive

$669,000

$669,957

0.1%

13537 W 22nd Place

$675,000

$675,090

0.0%

13537 W 22nd Place

$675,000

$675,090

0.0%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

7/21/22

$487,598

$488,000

0.1%

2090 Braun Drive

3 Pending

ADDRESS

1 Sold

ADDRESS

2081 Alkire Street

Source: Zillow

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

P = PENDING

S = CLOSED

BEDS

BATHS

SQFT

PRICE

13492 W 21st Ave

2.00

1,247

Subject

2206298

2090 Braun Drive

3.00

2,147

$621,000

6807448

13610 Braun Drive

3.00

2,436

$669,000

IR970599

13537 W 22nd Place

3.00

2,369

$675,000

5606633

13537 W 22nd Place

3.00

2,369

$675,000

1881174

2081 Alkire Street

3.00

2,508

$487,598

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

2090 Braun Drive $621,000 ACTIVE

MLS #2206298

Golden, CO 80401

3 Beds 3.00 Baths Year Built 1960

1/20/22

2,147 Sq. Ft. ($289 / sqft) Days on market: 184

Details Prop Type: Single Family Residence

Lot Size (sqft): 9,365

List Price: $621,000

High: Golden

Garages: 1

Orig list price: $652,000

Middle: Everitt

County: Jefferson

List date: 1/20/22

Taxes: $2,530

Elementary: Maple Grove

Subdivision: APPLEWOOD WEST FLG #3

Updated: Jul 28, 2022 5:24 PM

School District: Jefferson County R-1

Levels: One

Structure Type: House

Association Yn: false

Listing Terms: Cash, Conventional, VA Loan

Basement: Partial

Living Area Total: 2147

Below Grade Unfinished Area: 347.0

Main Level Bathrooms: 2

Construction Materials: Brick

Parking Total: 1

Tax Legal Description: SECTION 31 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 039000 SUBDIVISIONNAME APPLEWOOD WEST FLG #3 BLOCK 012 LOT 0024 SIZE: 9357 TRACT VALUE: .215

Cooling: Evaporative Cooling, Other

Senior Community Yn: false

Full baths: 3.0

Features Appliances: Dishwasher, Microwave, Oven

Heating: Electric, Forced Air

Main Level Bedrooms: 3 Roof: Other Sewer: Public Sewer

Zoning: R-1A

Tax Year: 2020 Utilities: Electricity Available, Natural Gas Available

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Remarks Welcome to the neighborhood! Fantastic 3 bedroom and 3 bath home with a 1 car garage. Fully equipped eat-in kitchen includes updated counters, included appliances and cherry cabinets. Discover a bright interior with neutral hardwood floors and plush carpet in all the right places. Relax in your primary suite, complete with an en-suite bathroom. Relax with your favorite drink in the fenced in backyard with a patio, lush grass, and great potential for adding personal touches. Hurry, this wont last long! This home has been virtually staged to illustrate its potential.

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

2090 Braun Drive $621,000 ACTIVE

1/20/22

13492 West 21st Avenue, Golden, Colorado 80401

MLS #2206298

Golden, CO 80401

3 Beds 3.00 Baths Year Built 1960

2,147 Sq. Ft. ($289 / sqft) Days on market: 184

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

13610 Braun Drive $669,000 PENDING

MLS #6807448

Golden, CO 80401

5 Beds 3.00 Baths Year Built 1961

7/12/22

2,436 Sq. Ft. ($275 / sqft) Days on market: 42

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 7/12/22

Lot Size (sqft): 9,510

County: Jefferson

Garages: 1

Updated: Jul 29, 2022 3:36 AM

Subdivision: Applewood

List date: 5/19/22

List Price: $669,000

Middle: Everitt

Style: Mid-Century Modern

Pending date: 7/12/22

Orig list price: $689,000

Elementary: Maple Grove

Full baths: 2.0

School District: Jefferson County R-1 High: Golden

Taxes: $2,683

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Finished, Full Building Area Source: Public Records

Direction Faces: West Electric: 110V Exterior Features: Garden, Private Yard Fencing: Partial Flooring: Carpet, Tile, Wood Foundation Details: Slab

Common Walls: No Common Walls

Furnished: Unfurnished

Construction Materials: Brick

Horse Yn: false

Cooling: Evaporative Cooling

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), Open Floorplan, Primary Suite, Quartz Counters, Radon Mitigation System, Smoke Free, Solid Surface Counters, Walk-In Closet(s), Wired for Data Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, Jumbo Living Area Total: 2436

Lot Features: Near Public Transit, Sprinklers In Rear Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Total: 1 Patio And Porch: Front Porch Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House

13492 West 21st Avenue, Golden, Colorado 80401

Tax Legal Description: SECTION 31 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 039400 SUBDIVISIONNAME APPLEWOOD WEST FLG #5 BLOCK 033 LOT 0005 SIZE: 9510 TRACT VALUE: .218

Tax Year: 2020 Utilities: Electricity Connected, Natural Gas Connected

Window Features: Window Coverings Zoning: R-1A

Virtual Tour: View Water Source: Public

Remarks This is the home youve been waiting for! You wont want to miss this fantastic, fully remodeled 4 bedroom, 3 bath home in the highly sought-after Applewood neighborhood. This completely updated brick ranch home features a spacious open floor plan between the living room, dining room, and kitchen. The kitchen has been updated with new white shaker cabinets with soft close hinges, quartz countertops, and stainless steel appliances. The main floor also features a master bedroom with an on suite bath. The main floor has two additional bedrooms and a full bathroom. Hardwood floors throughout the main level have been beautifully refinished. Downstairs includes all new windows and carpet and offers two additional bedrooms, a full bathroom, a spacious recreational room, and a large laundry/storage room. The entire interior of the home has been updated with new paint, new light fixtures, new doors and trim, and new tile. The large, fenced in yard includes one shed for additional storage. Garage includes a new garage door and an updated electrical panel. New Sewer line & radon installation in 2020. Rolling Hills Country Club and Applewood Golf Course nearby. Easy access to South Table Mountain Park Open Space trails. Don't Miss the Best Value in Applewood!

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13610 Braun Drive $669,000 PENDING

7/12/22

13492 West 21st Avenue, Golden, Colorado 80401

MLS #6807448

Golden, CO 80401

5 Beds 3.00 Baths Year Built 1961

2,436 Sq. Ft. ($275 / sqft) Days on market: 42

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

13537 W 22nd Place

Golden, CO 80401

$675,000 PENDING

5 Beds 3.00 Baths Year Built 1960

7/19/22

MLS #IR970599 2,369 Sq. Ft. ($285 / sqft) Days on market: 11

Details Prop Type: Single Family Residence County: Jefferson Subdivision: Applewood Valley Style: Contemporary Full baths: 2.0

3/4 Baths: 1.0

High: Golden

Lot Size (sqft): 9,068

Updated: Jul 19, 2022 11:00 AM

Garages: 1

List Price: $675,000

Elementary: Maple Grove

List date: 7/9/22

Orig list price: $675,000

Pending date: 7/19/22

Taxes: $3,035

Off-market date: 7/19/22

School District: Jefferson County R-1

Direction Faces: Northwest

Listing Terms: Cash, Conventional, FHA, VA Loan

Sewer: Public Sewer

Living Area Total: 2369

Parking Total: 1

Tax Legal Description: SECTION 31 TOWNSHIP 03 RANG E 69 SUBDIVISIONCD 039200 SUB DIVISIONNAME APPLEWOOD WE ST FLG #4 BLOCK 019 LOT 0014 SIZE: 9068 TRACT VALUE: .208

Middle: Everitt

Features Appliances: Dishwasher, Microwave, Oven, Refrigerator

Fencing: Fenced

Structure Type: House

Association Yn: false

Fireplace Features: Family Room, Gas, Gas Log

Basement: Full

Flooring: Vinyl, Wood

Lot Features: Level, Sprinklers In Front

Below Grade Unfinished Area: 125.0

Heating: Forced Air

Main Level Bathrooms: 2

Interior Features: Eat-in Kitchen, Pantry, Radon Mitigation System

Main Level Bedrooms: 3

Building Area Source: Assessor Construction Materials: Brick, Wood Frame

Patio And Porch: Patio

Tax Year: 2020

Laundry Features: In Unit

Possible Use: Residential

Levels: One

Roof: Composition

Utilities: Electricity Available, Natural Gas Available

Cooling: Evaporative Cooling

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

View: City Virtual Tour: View

13492 West 21st Avenue, Golden, Colorado 80401

Window Features: Double Pane Windows, Window Coverings

Zoning: Res

Remarks Outstanding five-bedroom home located in the very popular Applewood neighborhood in Golden. Beautiful original hardwood floors cover the living room, dining room and hallway. Three bedrooms, two baths, living room, dining area, kitchen with maple cabinets and breakfast island, new dishwasher and new microwave. The basement features twobedrooms, full bath, family room with gas fireplace, a large laundry room with storage room. Spacious fenced in backyard with storage shed and sprinkler system. New 125-amp circuit breaker panel installed in June 2021. All new Leviton Decora outlets in 2022. Great community, close proximity to schools and shopping. Welcome home to the best home on the block.

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13537 W 22nd Place $675,000 PENDING

7/19/22

13492 West 21st Avenue, Golden, Colorado 80401 Golden, CO 80401

5 Beds 3.00 Baths Year Built 1960

MLS #IR970599 2,369 Sq. Ft. ($285 / sqft) Days on market: 11

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

13537 W 22nd Place

Golden, CO 80401

$675,000 PENDING

5 Beds 3.00 Baths Year Built 1960

7/19/22

MLS #5606633 2,369 Sq. Ft. ($285 / sqft) Days on market: 10

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 7/19/22

Lot Size (sqft): 9,147

County: Jefferson

Garages: 1

Updated: Jul 19, 2022 10:56 AM

Subdivision: Applewood

List date: 7/9/22

List Price: $675,000

Middle: Everitt

Style: Contemporary

Pending date: 7/19/22

Orig list price: $675,000

Elementary: Maple Grove

Full baths: 2.0

School District: Jefferson County R-1 High: Golden

Taxes: $3,324

Features Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator Association Yn: false Basement: Finished Below Grade Unfinished Area: 125.0 Building Area Source: Public Records

Exterior Features: Private Yard

Main Level Bathrooms: 2

Fireplace Features: Gas, Gas Log, Rec/Bonus Room

Parking Total: 1

Flooring: Carpet, Laminate, Vinyl, Wood Heating: Forced Air Levels: One

Construction Materials: Brick, Frame

Listing Terms: Cash, Conventional, FHA, Jumbo, VA Loan

Cooling: Evaporative Cooling

Living Area Total: 2369

Roof: Composition

Tax Legal Description: SECTION 31 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 039200 SUBDIVISIONNAME APPLEWOOD WEST FLG #4 BLOCK 019 LOT 0014 SIZE: 9068 TRACT VALUE: .208

Senior Community Yn: false

Tax Year: 2021

Sewer: Public Sewer

Virtual Tour: View

Structure Type: House

Zoning: R-1A

Main Level Bedrooms: 3 Patio And Porch: Covered, Patio

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13537 W 22nd Place $675,000 PENDING

7/19/22

13492 West 21st Avenue, Golden, Colorado 80401 Golden, CO 80401

5 Beds 3.00 Baths Year Built 1960

MLS #5606633 2,369 Sq. Ft. ($285 / sqft) Days on market: 10

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

2081 Alkire Street $487,598 CLOSED

MLS #1881174

Golden, CO 80401

5 Beds 3.00 Baths Year Built 1959

7/21/22

2,508 Sq. Ft. ($194 / sqft) Days on market: 21

Details Prop Type: Single Family Residence County: Jefferson Subdivision: Applewood West Style: Traditional Full baths: 1.0

3/4 Baths: 2.0

High: Wheat Ridge

Lot Size (sqft): 12,923

Updated: Jul 21, 2022 6:19 AM

Garages: 2

List Price: $525,000

Elementary: Stober

List date: 6/14/22

Orig list price: $575,000

Sold date: 7/21/22

Taxes: $3,443

Off-market date: 7/5/22

School District: Jefferson County R-1

Construction Materials: Brick

Interior Features: Eat-in Kitchen, Laminate Counters, Pantry, Utility Sink, Walk-In Closet(s)

Middle: Everitt

Features Appliances: Bar Fridge, Dishwasher, Freezer, Microwave, Range, Refrigerator Association Yn: false Basement: Finished, Full Builder Name: Hutchinson Homes Building Area Source: Public Records Concessions: No

Cooling: None Direction Faces: East

Property Condition: Fixer Road Frontage Type: Public Road

Levels: One

Road Responsibility: Public Maintained Road

Listing Terms: Cash

Road Surface Type: Paved

Living Area Total: 2508

Roof: Composition

Fireplaces Total: 2

Main Level Bathrooms: 2

Senior Community Yn: false

Flooring: Carpet, Tile, Vinyl

Main Level Bedrooms: 3

Sewer: Public Sewer

Heating: Forced Air

Parking Total: 2

Structure Type: House

Fireplace Features: Family Room, Living Room, Wood Burning

Patio And Porch: Covered, Patio

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

Tax Legal Description: SECTION 31 TOWNSHIP 03 RANGE 69 SUBDIVISION CD 038800 SUBDIVISION NAME APPLEWOOD WEST FLG #2 BLOCK 009 LOT 0004 SIZE: 12923 TRACT VALUE: .297

13492 West 21st Avenue, Golden, Colorado 80401

Tax Year: 2021

Zoning: R-1A

Virtual Tour: View Water Source: Public Window Features: Window Coverings

Remarks The main floor of this Hutchinson built brick ranch features the living room with wood burning fireplace with a floor-toceiling stone surround, dining room, kitchen, primary bedroom with walk-in closet and 3/4 en-suite bath, 2 additional bedrooms, and a full bath. The basement has a family room with wood burning fireplace and dry bar, 2 bedrooms, 3/4 bath, laundry, and a workshop/storage room. The huge back yard features a covered patio and many mature trees. 2 car oversized attached garage. This home is ready for your repairs and modern updates. This home is being sold in as is condition.

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

2081 Alkire Street $487,598 CLOSED

7/21/22

13492 West 21st Avenue, Golden, Colorado 80401

MLS #1881174

Golden, CO 80401

5 Beds 3.00 Baths Year Built 1959

2,508 Sq. Ft. ($194 / sqft) Days on market: 21

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Comparable Property Statistics A

1 Active Listings LOWEST

$621,000

HIGH

$621,000

AVG PRICE / SQFT

AVG DOM

$289

184

AVG PRICE / SQFT

AVG DOM

$281

AVG PRICE / SQFT

AVG DOM

$194

3 Pending Listings LOWEST

$669,000

AVERAGE

$673,000

HIGH

$675,000

1 Sold Listings LOWEST

$487,598

AVERAGE

$487,598

HIGH

$487,598

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Sold Property Analysis Averages

92.9%

Homes sold for an average of 92.9% of their list price.

Days on market

It took an average of 21 days for a home to sell.

Analysis ADDRESS

2081 Alkire Street

Averages

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

$575,000

$487,598

84.80%

$194

$575,000

$487,598

84.80%

$194

Kendra Madrid Cell: 7203573397

Comparative Market Analysis

13492 West 21st Avenue, Golden, Colorado 80401

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

2090 Braun Drive

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3.00

2,147

$621,000

$289

2,147

$621,000

$289

Averages

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

13610 Braun Drive

3.00

2,436

$669,000

$275

13537 W 22nd Place

3.00

2,369

$675,000

$285

13537 W 22nd Place

3.00

2,369

$675,000

$285

2,391

$673,000

$281

Averages

SOLD LISTINGS

ADDRESS

2081 Alkire Street

Averages

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

7/21/22

3.00

2,508

$487,598

$194

2,508

$487,598

$194

Kendra Madrid Cell: 7203573397

at Keller Williams Integrity

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

Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

ACTIVITY

at Keller Williams Integrity

TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

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