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THE COMPARATIVE MARKET ANALYSIS

No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.

What is a CMA?

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA created?

CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.

How accurate are CMAs?

The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.

How can CMAs vary?

CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.

THE COMPARATIVE MARKET ANALYSIS

Is a CMA the same as an Appraisal?

No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.

And is my home worth what the Internet says?

In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!

Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm

On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.

YOUR COMPARATIVE MARKET ANALYSIS

Comparative Market Analysis

Keller Williams Luxury International

Map of Comparable Listings

Summary of Comparable Properties

Analysis

Comparable homes sold for an average of $324 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.

Listings

16192 Setting Sun Circle

$710,000 4 Beds 3.00 Baths 2,217.0 Sq. Ft. ($320 / sqft)

CLOSED 11/14/25

Details

Prop Type: Single Family Residence

County: Riverside

Area: 252 - Riverside

Full baths: 2.0

Features

Association Name: Lake Hills

Association Y N: Yes

Attached Garage Y/N: Y

Community Features: Curbs, Sidewalks, Street Lights

Contract Status Change

Date: 2025-11-14T00:00:00

Cooling: Central Air

Elevation Units: Feet

Half baths: 1.0

Acres: 0.09

Lot Size (sqft): 3,920

Garages: 2

Heating: Central

Land Fee/Land Lease: Fee

Levels: Two

Listing Terms: Cash, Cash

To New Loan, Conventional, FHA, VA Loan

Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Park Nearby

Parking Total: 2

Year Built 2000 Days on market: 70

List date: 8/4/25

Sold date: 11/14/25

Off-market date: 11/14/25

Updated: Nov 17, 2025 12:41 AM

List Price: $714,000

Orig list price: $749,500 Assoc Fee: $110

School District: Alvord Unified

Pool Features: Association

Pool Private Y N: No

Property Attached Yes/No: No

Room Type: All Bedrooms Up, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Primary Bathroom, Walk-In Closet

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard View: None

Water Source: Public

Year Built Source: Public Records

Remarks

*HUGE PRICE IMPROVEMENT- OWNER HAS MOVED OUT AND THIS HOME IS MOVE-IN READY AND FAST CLOSING AVAILABLE* Welcome to your new home in the highly sought-after Lake Hills community of Riverside! This beautifully maintained 4-bedroom, 2.5-bathroom residence offers 2,217 sq ft of comfortable living space, thoughtfully updated for modern lifestyles. Step inside to find laminate flooring, quartz countertops, a stylish backsplash, and newer recessed lighting in the kitchen. Fresh interior paint (less than 5 years old) and upgraded lighting fixtures throughout the home create a bright, modern feel- where comfort meets luxury! Additional updates include upgraded bathroom countertops, a new downstairs bathroom vanity, new lighting around the exterior of the home (driveway, porch and backyard) and an epoxied garage floor for a clean, polished finish.

Upstairs, all bedrooms are generously sized, providing plenty of room for a growing family. The primary suite features a spacious layout and a well-appointed en-suite bath. You will also find a nice sized versatile loft that could be used as an office, study space, or children's play area. The open-concept living and dining areas are perfect for both everyday living and entertaining.

Located just down the hill from Lake Hills Elementary, a top-rated school with strong academic performance and a supportive community, and near Hillcrest High School, known for its high college acceptance rate into UC and CSU programs.

Enjoy the benefits of a safe, family-friendly neighborhood with easy access to parks, walking trails, and recreational activities. Conveniently situated near the 91 freeway, commuting to Orange County, San Diego, or San Bernardino is a breeze.

Dont miss the opportunity to own this move-in ready home in one of Riversides most desirable neighborhoods!

Courtesy of Southland Homes Information is deemed reliable but not guaranteed.

17328 Cold Spring Circle

Riverside, CA 92503

MLS

$750,000 4 Beds 3.00 Baths 2,335.0 Sq. Ft. ($321 / sqft)

CLOSED 11/6/25

Details

Prop Type: Single Family Residence

County: Riverside

Area: 252 - Riverside

Full baths: 3.0

Features

Association Name: Lake Hills

Association Y N: Yes

Attached Garage Y/N: Y

Community Features: Biking, Dog Park, Foothills, Golf, Hiking, Park

Contract Status Change

Date: 2025-11-06T00:00:00

Cooling: Central Air

Remarks

Acres: 0.13

Lot Size (sqft): 5,663

Garages: 3

List date: 4/7/25

Elevation Units: Feet

Heating: Central

Land Fee/Land Lease: Fee

Levels: Two

Listing Terms: Cash, Conventional, Fannie Mae, Freddie Mac

Lot Features: 0-1 Unit/Acre

Main Level Bedrooms: 3

Year Built 1990 Days on market: 185

Sold date: 11/6/25

Off-market date: 10/13/25

Updated: Nov 10, 2025 8:46 AM

List Price: $762,500

Orig list price: $800,000

Assoc Fee: $109

School District: Alvord Unified

Parking Total: 3

Pool Features: None

Pool Private Y N: No

Property Attached Yes/No: No

Room Type: Living Room

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard

View: Bluff, Canyon

Water Source: Public

Year Built Source: Assessor

Zoning: R-4

Welcome to the serene Lake Hills Community! At its heart, you'll find a well-maintained property cherished by its original

owner. From this charming home, enjoy breathtaking views of the surrounding hills with 7 parks within walking distance of the property. Inside, a spacious living-dining area features high ceilings and an elegant staircase. The open kitchen-family room is perfect for entertaining, with an upgraded kitchen boasting a gas cooktop, microwave, double ovens, beautiful granite countertops, and classic white cabinets, plus a pantry for your culinary needs. The family room, with its cozy fireplace and ceiling fan, invites relaxation. Sliding glass doors lead to your backyard oasis. On the first floor, there's also a welcoming bedroom, full bathroom, and laundry room. Upstairs, the spacious primary bedroom offers stunning 180-degree views, dual closets, and a ceiling fan. The primary en-suite bath features dual sinks, a soaking tub, and a walkin shower. Two additional bedrooms and a full bathroom complete the second floor. The A/C and furnace were updated in June 2022 with a Lennox unit. Lastly, the three-car garage includes storage cabinets and shelving, and you can enjoy orange and lemon trees in your backyard, all on a lovely cul-de-sac street. This property exudes pride of ownership and warmth!

Courtesy of Barrena Real Estate Group Information is deemed reliable but not guaranteed.

Knollbrook Place

$760,000 4 Beds 3.00 Baths 2,261.0 Sq. Ft. ($336 / sqft)

CLOSED 11/3/25

Details

Prop Type: Single Family

Residence

County: Riverside

Area: 252 - Riverside

Style: Contemporary

Full baths: 3.0

Features

Association Name: Lake Hills HOA

Association Y N: Yes

Attached Garage Y/N: Y

Community Features: Foothills, Sidewalks, Storm Drains, Street Lights, Suburban

Contract Status Change

Date: 2025-11-03T00:00:00

Cooling: Central Air

Elevation Units: Feet

Acres: 0.31

Lot Size (sqft): 13,504

Garages: 3

List date: 8/14/25

Sold date: 11/3/25

Flooring: Carpet, Laminate, Tile

Foundation Details: Slab

Green Energy Efficient: Windows

Heating: Central

Interior Features: Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting

Land Fee/Land Lease: Fee Levels: Two

Year Built 1988 Days on market: 43

Off-market date: 9/26/25

Updated: Nov 4, 2025 6:16 AM

List Price: $760,000

Orig list price: $785,000

Assoc Fee: $109

School District: Alvord

Unified High: Hillcrest

Elementary: Lake Hills

Listing Terms: 1031 Exchange, Cash, Contract, Conventional, Fannie Mae, FHA, FHA 203(b), FHA 203(k), Freddie Mac, Submit, VA Loan

Lot Features: Back Yard, CulDe-Sac, Front Yard, Landscaped, Lawn, Sprinkler System

Main Level Bedrooms: 1

Parking Total: 3

Patio And Porch Features: Covered, Rear Porch

Pool Features: None

Pool Private Y N: No

Possession: Close Plus 3 Days

Property Attached Yes/No: No

Road Surface Type: Paved

Roof: Spanish Tile

Bathroom Features: Bathtub, Shower, Shower in Tub, Double Sinks in Primary Bath, Main Floor Full Bath, Walk-in shower

Kitchen Features: Granite Counters, Kitchen Open to Family Room, Remodeled Kitchen, Walk-In Pantry

Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Yes/No: No

Sewer: Public Sewer

Spa Features: None

Special Listing Conditions: Standard Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View: Mountain(s)

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows

Year Built Source: Assessor

Zoning: R-1

Remarks

***AMAZING NEW PRICE -- SAME STUNNING HOME!!!*** Welcome to this inviting and culdesac-situated Lake Hills home with a 3-car garage (w/ 240 volt electric car charger) where style, space, and function come together beautifully. Located on at the very end of the culdesac, this thoughtfully designed property offers an ideal layout for everyday living and entertaining perfect for families, multigenerational households, or anyone who loves to host. Step inside to soaring ceilings and laminate wood floors that add warmth and character throughout the main living areas. Abundant natural light filters through double pane windows, enhancing the airy feel in both the formal living and dining rooms. The centrally located kitchen is the heart of the home, featuring granite countertops, stainless steel appliances, and a dining area that opens to a spacious family room with a cozy fireplace a perfect setup for movie nights or casual gatherings. A downstairs bedroom and full bath offer flexibility for guests, in-laws, or a private home office with a laundry just down the hall. Upstairs, you'll find three additional bedrooms and a generously sized primary suite with a walk-in closet and a private bath. Outdoors, the backyard is private and green which can be can be enjoyed from the shade of the alumawood patio cover with two ceiling fans. Nestled on 750 acres, Lake Hills provides a serene mountaintop retreat near Riversides cultural and educational offerings as well as shopping. Residents enjoy the vast open spaces, top-tier Lake Hills Elementary, parks, playgrounds, picnic areas, and a basketball half-court. The HOA also includes maintenance of the extensive common grounds as well as an evening security patrol. Perfect for commuters, with easy access to the 91 Freeway and Metrolink.

Courtesy of Keller Williams Realty Information is deemed reliable but not guaranteed.

Chris Taylor

17346 Cold Spring Circle

Riverside, CA 92503 MLS

$780,000 4 Beds 3.00 Baths 2,840.0 Sq. Ft. ($275 / sqft)

CLOSED 11/13/25

Details

Prop Type: Single Family Residence

County: Riverside

Area: 252 - Riverside

Full baths: 3.0

Features

Association Name: Lake Hills

Association Y N: Yes

Attached Garage Y/N: Y

Below Grade Finished Area

Units: Square Feet

Community Features:

Sidewalks, Street Lights

Contract Status Change

Date: 2025-11-13T00:00:00

Cooling: Central Air

Elevation Units: Feet

Flooring: Carpet, Laminate, Tile

Acres: 0.16

Lot Size (sqft): 6,970

Garages: 3

List date: 6/19/25

Heating: Central

Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Two Story Ceilings

Land Fee/Land Lease: Fee

Levels: Two

Listing Terms: 1031

Exchange, Cash, Cash To New Loan, Conventional, VA Loan

Lot Features: Cul-De-Sac

Main Level Bedrooms: 1

Year Built 1990 Days on market: 125

Photo not available

Sold date: 11/13/25

Off-market date: 11/13/25

Updated: Nov 13, 2025 10:36 AM

List Price: $798,000

Orig list price: $828,000

Assoc Fee: $109

School District: Alvord Unified

Parking Total: 3

Patio And Porch Features: Concrete, Covered, Front Porch, Slab

Pool Features: None

Pool Private Y N: No

Possession: Close Of Escrow

Property Attached Yes/No: No

Roof: Tile

Kitchen Features: Kitchen

Open to Family Room, Tile Counters

Room Type: Bonus Room, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Suite, Walk-In Closet

Senior Community Yes/No: No

Sewer: Public Sewer

Spa Features: None

Special Listing Conditions: Standard

View: City Lights, Hills

Water Source: Public

Window Features: Plantation Shutters, Screens, Tinted Windows

Remarks

Year Built Source: Assessor Zoning: R-4

This Beautiful 2-story Home located in "Lake Hills" Community and on a very quiet near end Cul-De-Sac Street with more privacy. Home offers 4 Bedrooms [1 bedroom downstairs] & 3 Full Bathrooms [1 full bathroom downstairs]. Downstairs, you will find Living Room with Vaulted Ceiling, Formal Dining Room, Family Room with Fireplace and Plantation Shutters, and the Large Kitchen upgraded with KitchenAid Appliances (Cooktop, Oven and Microwave), Custom Tile Countertops and Breakfast Nook with Custom Window Covers. Upstairs, there are a Large Master Suite with Vaulted Ceiling and beautiful views, Remodeled Master Bathroom with Newer Cabinets, Granite Counters, Custom Tile on bathtub and Shower, Laminate Floor, Walk-in Closet with Organizers and another large closet with Mirror Doors, Special Tint on Windows, and THE AMAZING VIEW. Two other Nice Sized junior Bedrooms shared a full Bathroom, and a Huge Bonus Room which can be used as a 5th Bedroom. Additional Features include Ceiling Fans with Remotes throughout, Newer Central Air Conditioner and Heater and Newer Glass Sliding Door leading to the low maintenance backyard with Cover Patios. 3-Car Garage with direct interior access. Lake Hills Elementary School and Community Parks are nearby. Close to Shopping Centers and Metrolink Station. Convenient Transportation and Easy Access to Freeways 91, 15 and 71.

Courtesy of MARKETREND REALTY CORPORATION Information is deemed reliable but not guaranteed.

16396 High Bluff Court

$799,000 4 Beds 3.00 Baths 2,175.0 Sq. Ft. ($367 / sqft)

CLOSED 1/22/26

Year Built 1991 Days on market: 52

Details

Prop Type: Single Family Residence

County: Riverside

Area: 252 - Riverside

Full baths: 3.0

Features

Association Name: Lake Hills

Association Y N: Yes

Attached Garage Y/N: Y

Community Features: Rural

Contract Status Change

Date: 2026-01-22T00:00:00

Cooling: Central Air

Elevation Units: Feet

Remarks

Acres: 0.22

Lot Size (sqft): 9,583

Garages: 3

List date: 10/25/25

Sold date: 1/22/26

Off-market date: 12/16/25

Updated: Jan 23, 2026 8:45 PM

List Price: $799,000

Orig list price: $799,000

Assoc Fee: $95

School District: Alvord Unified

Heating: Central

Land Fee/Land Lease: Fee

Levels: Two

Listing Terms: 1031

Exchange, Cash, Conventional, FHA, Government Loan, VA Loan

Lot Features: Cul-De-Sac

Main Level Bedrooms: 1

Parking Total: 3

Pool Features: None

Pool Private Y N: No

Property Attached Yes/No: No

Room Type: Living Room

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard

View: Neighborhood

Water Source: Public

Year Built Source: Public Records

Located in the prestigious Lake Hills community, this turn-key property sits on a desirable corner lot at the end of a quiet

cul-de-sac. This beautiful home has an excellent floor plan and all bedrooms are generously sized with large closets. There are many upgrades. Come and take a look!~

Courtesy of New Star Realty & Investment Information is deemed reliable but not guaranteed.

Chris Taylor

SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?

$858,500 $847,050 $849,100

National Association of REALTORS (NAR)

California Association of REALTORS (CAR)

Orange County Association of REALTORS (OCAR)

#1 Producing Agent in Lake Hills since 2012

(Data compiled from the MLS as of 1/9/26)

Luxury Home Sales Designated

Contingency Sale Specialist

Certified New Home Co-Broker

Certified Divorce Expert

Top 1.5% of Individual REALTORS in the nation

Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs

Meet Chris…

A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has resided with his family in Lake Hills Reserve since 2008. His lifelong experience in the region and many years living in L.H.R. has given him unparalleled knowledge about Lake Hills which provides an invaluable advantage for his clientele here on the hill and one he cites as a very big reason for achieving record-setting sales again and again.

Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.

Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver, and a menagerie of two dogs and three cats. He has made frequent real estate-related appearances on on Fox 11 News, Good Day L.A., and Inside Edition.

Meet the Team

Tracie Albert

Operations

DRE# 01432850

With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Realty Group’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.

Brenda Listana Administration

With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.

Josh Hartman Lead Agent

DRE# 02210680

Valerie Alicajic

Marketing Director

Josh Hartman — a Lake Hills Reserve resident — launched his real estate career in 2010. Initially specializing in residential investments, he quickly became an expert in local trends, building strong buyer and seller relationships. With over a decade of experience, Josh helps clients — from first-time buyers to investors — find the right property. When selling, he uses digital and traditional marketing for maximum exposure and top-dollar results. Outside of real estate, Josh enjoys outdoor adventures with his wife and four children. A martial arts enthusiast, he also holds a Ph.D. in Computational Quantum Chemistry and teaches chemistry.

Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.

Brooke Fetzer

Property Designer

DRE# 01432850

Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.

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