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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Eunice O'Brien FEBRUARY 22, 2022
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
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 fields 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.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
BEDS
BATHS
SQFT
PRICE
6711 Hawkeye Run
5
2.00
2,240
-
1
Subject
2
MDHW2002688
S
6469 Bright Plume
4
2.0/0
1,859
$463,000
3
MDHW295210
S
6669 Buttonhole Ct
3
2.0/0
1,120
$435,000
4
MDHW2003568
S
6668 Hawkeye Run
3
2.0/0
1,040
$405,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
6469 Bright Plume
8/25/21
4
2.0/0
1,859
$463,000
$249
6669 Buttonhole Ct
7/9/21
3
2.0/0
1,120
$435,000
$388
6668 Hawkeye Run
9/30/21
3
2.0/0
1,040
$405,000
$389
1,339
$434,333
$342
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Listings
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
6469 Bright Plume $463,000 CLOSED
MLS #MDHW2002688
Columbia, MD 21044
4 Beds 2.0/0 Baths Year Built 1976
8/25/21
1,859 Sq. Ft. ($249 / sqft) Days on market: 4
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.11
Updated: Jan 26, 2022 1:57 AM
Taxes: $5,290
County: HOWARD
Lot Size (sqft): 4,779
List Price: $460,000
Subdivision: HICKORY RIDGE
List date: 7/30/21
Orig list price: $460,000
Style: ["Contemporary", "AFrame"]
Off-market date: 8/25/21
Assoc Fee: $351
Above Grade Finished Area Source: Assessor
Association Name: TANGLEWOOD
Cooling Fuel: Electric
Heating Fuel: Electric
Basement: Windows, Water Proofing System, Unfinished, Sump Pump
Door Features: Storm, Sliding Glass
Hot Water: Electric
Above Grade Finished Area Units: Square Feet
School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Features
Accessibility Features: None Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range Electric, Refrigerator, Washer, Stainless Steel Appliances Association Fee Frequency: Quarterly
Below Grade Finished Area Units: Square Feet
Fireplace Features: Fireplace - Glass Doors, Gas/Propane
Carport Spaces: 1
Interior Features: Breakfast Area, Carpet, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan Traditional, Pantry, Wood Floors, Upgraded Countertops
Fireplaces Total: 1
Construction Materials: Stucco
Laundry Type: Main Floor
Flooring: Hardwood, Carpet
Levels: 2
Below Grade Finished Area Source: Assessor
Cooling: Central A/C
Exterior Features: Extensive Hardscape, Sidewalks, Street Lights Fencing: Rear
Furnished: No Heating: Central
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Living Area Source: Assessor Lot Features: Cul-de-sac, Level, SideYard(s)
6711 Hawkeye Run, Columbia, Maryland 21044
Main Level Bedrooms: 4 Patio And Porch Features: Deck(s)
Special Listing Conditions: Standard
Tax Year: 2020
Senior Community Yn: false
Total Garage And Parking Spaces: 1
Property Condition: Very Good
Sewer: Public Sewer
Utilities: Under Ground
Lot Size Source: Assessor
Structure Type: Detached
Water Source: Public
Lot Size Units: Square Feet
Roof: Composite
Tax Lot: K 8
Zoning: NT
Remarks Beautiful single family contemporary home located in the heart of Columbia and in desireable Tanglewood Community. All on one level with a full unfinished basement (which has recenty been waterproofed with transferable warranty). Four bedroom and 2 full baths. Detached carport (the one closest to home on same side) with extra storage and plenty of open parking in parking lot. This home needs a little love (perhaps new carpet and paint) but it already has a lot: New Roof 2020, New HVAC 2020, kitchen appliances 2 yrs old, water heater 2 yrs old. Hardwood floors , vaulted ceilings, an all season room opening up to private backyard oasis. Two HOA's (CA and Tanglewood).
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6469 Bright Plume
6711 Hawkeye Run, Columbia, Maryland 21044
$463,000 CLOSED
MLS #MDHW2002688
Columbia, MD 21044
8/25/21
4 Beds 2.0/0 Baths Year Built 1976
1,859 Sq. Ft. ($249 / sqft) Days on market: 4
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
6669 Buttonhole Ct
Columbia, MD 21044
$435,000 CLOSED
3 Beds 2.0/0 Baths Year Built 1974
7/9/21
MLS #MDHW295210 1,120 Sq. Ft. ($388 / sqft) Days on market: 13
Details Prop Type: Single Family Residence
Acres: 0.24
List Price: $435,000
High: ATHOLTON
Lot Size (sqft): 10,628
Orig list price: $435,000
Middle: WILDE LAKE
County: HOWARD
List date: 5/27/21
Assoc Fee: $1,002
Subdivision: CLEMENS CROSSING
Off-market date: 7/9/21
Taxes: $4,816
Elementary: CLEMENS CROSSING
Updated: Jul 15, 2021 7:52 PM
School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Association Amenities: Basketball Courts, Bike Trail, Common Grounds, Community Center, Golf Course Membership Available, Jog/Walk Path, Lake, Picnic Area, Pool Mem Avail, Tot Lots/Playground, Tennis Courts
Association Name: COLUMBIA ASSOCIATION
Construction Materials: Other
Basement: Full, Fully Finished
Cooling: Central A/C, Heat Pump(s), Whole House Fan, Ceiling Fan(s)
Below Grade Finished Area Source: Assessor
Exterior Features: Sidewalks
Association Fee Frequency: Annually
Below Grade Finished Area Units: Square Feet
Fireplaces Total: 1
Association Fee Includes: Common Area Maintenance
Carport Spaces: 1
Style: ["Ranch/Rambler"] Full baths: 2.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Other Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven/Range Electric, Refrigerator, Stainless Steel Appliances
Below Grade Finished Area: 840
Cooling Fuel: Electric Fencing: Partially, Rear Heating: Heat Pump(s) Heating Fuel: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Hot Water: Electric
Lot Size Source: Assessor
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Recreation Room
Tax Lot: 107
Interior Features: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan Open, Kitchen - Gourmet
Lot Size Units: Square Feet
Special Listing Conditions: Standard
Utilities: Cable TV
Levels: 1
Senior Community Yn: false
Living Area Source: Assessor
Sewer: Public Sewer
Window Features: Double Pane
Structure Type: Detached
Year Built Effective: 2021
Laundry Type: Lower Floor, Hookup
Main Level Bedrooms: 3 Parking Features: Concrete Driveway Property Condition: Excellent
Tax Year: 2021 Total Garage And Parking Spaces: 1 Water Source: Public
Zoning: NT
Remarks Gorgeous just remodeled rancher in great location -- a prime corner lot with persimmon, fig, yellow cherry, apple and peach trees. In the back yard, there are black and red currant, blackberry and raspberry bushes. Tons of perennial flowers, color from spring to fall! Large deck off kitchen/DR w/lifetime decking material - completed in 2016, new roof 2016, two beautiful remodeled baths, new maple white shaker kit cabs with gorgeous quartz countertop & 5' peninsula/breakfast bar, stainless steel appliances with counter depth refrig. New scratch resistant laminate flooring in every room on main floor, new coordinating tile in kitchen, new doors, almost every room has new paint!! Nothing for you to do! Lovely neighborhood of Clemens Crossing with bike paths, local Columbia Association pool, easy commute via Rt. 32 or Rt 29. Shopping within walking distance -- Giant Food, and the best ice cream for miles at The Meadows as well as restaurants, liquor store and others.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6669 Buttonhole Ct
6711 Hawkeye Run, Columbia, Maryland 21044 Columbia, MD 21044
$435,000 CLOSED
7/9/21
3 Beds 2.0/0 Baths Year Built 1974
MLS #MDHW295210 1,120 Sq. Ft. ($388 / sqft) Days on market: 13
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
6668 Hawkeye Run $405,000 CLOSED
MLS #MDHW2003568
Columbia, MD 21044
3 Beds 2.0/0 Baths Year Built 1976
9/30/21
1,040 Sq. Ft. ($389 / sqft) Days on market: 21
Details Prop Type: Single Family Residence
Acres: 0.21
Updated: Oct 1, 2021 9:07 AM
County: HOWARD
Lot Size (sqft): 8,973
List Price: $395,000
Subdivision: VILLAGE OF HICKORY RIDGE
List date: 9/9/21
Orig list price: $395,000
Off-market date: 10/1/21
Assoc Fee: $1,060
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Hot Water: Electric
Senior Community Yn: false
Levels: 2
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Structure Type: Detached
Accessibility Features: None
Carport Spaces: 1
Lot Size Source: Assessor
Association Fee Frequency: Annually
Construction Materials: Other
Tax Year: 2021
Lot Size Units: Square Feet
Basement: Rear Entrance, Daylight, Full, Partially Finished, Walkout Level
Cooling: Ceiling Fan(s), Central A/C
Total Garage And Parking Spaces: 1
Style: ["Ranch/Rambler"]
Full baths: 2.0
Taxes: $4,850 School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Features
Below Grade Finished Area: 400
Cooling Fuel: Electric Foundation Details: Block Heating: Forced Air Heating Fuel: Electric
Main Level Bedrooms: 3 Patio And Porch Features: Deck(s), Porch(es)
Tax Lot: 72
Water Source: Public Zoning: NT
Room Type: Den, Recreation Room Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Remarks This house has all the updates youre looking for including over $55K in upgrades! The kitchen includes new granite counters, sink, and appliances (appliances replaced between 2018-2021). The kitchen has a pass through to the dining room making dinner parties easier. Head out the slider in the living room onto the oversized deck and enjoy the views of the large, fenced lot, perfect for your puppiesor volleyball tournaments. The front of the home has a second deck, great for your morning coffee! Gorgeous, new luxury vinyl plank flooring extends through the kitchen, dining room, living room, hall bath and hall and there is new carpet in all 3 bedrooms, all installed in August 2021! The front door, storm door and rear slider were replaced in 2019 and the home was recently painted with neutral paint throughout. A new roof was installed in 2018. Hosting overnight guests? The lower level has a bedroom, full bath, and a large rec room space. The rec room is perfect for movie or game night. Youll also find an unfinished storage area in the lower level. Youll love the covered parking provided by the carport and a bonus shed with lots of additional storage. This home is located in Clemens Crossing, just minutes from major commuting routes such as 32 and 29 and close to all of the amenities offered by Downtown Columbia. Welcome home!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6668 Hawkeye Run
6711 Hawkeye Run, Columbia, Maryland 21044
$405,000 CLOSED
MLS #MDHW2003568
Columbia, MD 21044
9/30/21
3 Beds 2.0/0 Baths Year Built 1976
1,040 Sq. Ft. ($389 / sqft) Days on market: 21
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Comparable Property Statistics S
3 Sold Listings LOWEST
$405,000
AVERAGE
$434,333
HIGH
$463,000
AVG PRICE / SQFT
AVG DOM
$342
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Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
Sold Property Analysis Averages
101.0%
Homes sold for an average of 101.0% of their list price.
12
Days on market
It took an average of 12 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
6469 Bright Plume
$460,000
$463,000
100.65%
4
$249
6669 Buttonhole Ct
$435,000
$435,000
100.00%
13
$388
6668 Hawkeye Run
$395,000
$405,000
102.53%
21
$389
$430,000
$434,333
101.01%
12
$342
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6711 Hawkeye Run, Columbia, Maryland 21044
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 finishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home finished with hardwood floors 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 flowers 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.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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