______
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Jessica McCreight & Scott Brown DECEMBER 14, 2021
Julia Bernstein
December 14, 2021
Dear Jessica McCreight & Scott Brown, 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 qualified 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 satisfied 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, Julia Bernstein
Julia Bernstein 2
Julia Bernstein Affiliation • Affiliation 1
Experience • Experience 1
Education • Education 1
Professional Associations • Professional Associations 1
Personal Information • Personal Information 1
Julia Bernstein 3
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 benefit 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.
Julia Bernstein 4
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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.
Julia Bernstein 5
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Contact Me
Julia Bernstein
Julia Bernstein 6
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = PENDING
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
9 Schindler Ct
6
3.00
3,317
-
1
Subject
2
MDMC754928
S
1254 Cresthaven Dr
6
2.0/1.0
2,123
$820,000
3
MDMC756188
S
1001 Devere Dr
5
3.0/0
2,303
$550,000
4
MDMC2021978
S
10328 Parkman Rd
4
3.0/0
2,350
$635,000
5
MDMC2005516
S
10108 Brock Dr
6
3.0/0
1,456
$485,000
6
MDMC2015814
S
902 W Nolcrest Dr
4
2.0/1.0
1,840
$595,000
7
MDMC758822
S
1117 Dunoon Rd
4
2.0/1.0
2,033
$451,501
8
MDMC763976
S
1029 Cresthaven Dr
4
3.0/0
1,990
$550,000
9
MDMC760916
S
10115 Brock Dr
4
2.0/1.0
1,948
$660,000
10
MDMC2022076
P
10408 N New Hampshire Ave
7
3.0/1.0
3,256
$529,000
11
MDMC2014010
P
10008 Branch View Ct
5
3.0/0
1,540
$549,900
12
MDMC2014630
A
10301 Naglee Rd
4
3.0/1.0
2,160
$699,000
Julia Bernstein 7
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
1254 Cresthaven Dr
11/19/21
6
2.0/1.0
2,123
$820,000
$386
7/7/21
5
3.0/0
2,303
$550,000
$239
10328 Parkman Rd
12/6/21
4
3.0/0
2,350
$635,000
$270
10108 Brock Dr
8/27/21
6
3.0/0
1,456
$485,000
$333
902 W Nolcrest Dr
11/5/21
4
2.0/1.0
1,840
$595,000
$323
1117 Dunoon Rd
7/21/21
4
2.0/1.0
2,033
$451,501
$222
1029 Cresthaven Dr
7/22/21
4
3.0/0
1,990
$550,000
$276
10115 Brock Dr
7/26/21
4
2.0/1.0
1,948
$660,000
$339
2,005
$593,312
$299
1001 Devere Dr
Averages
P
PENDING LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
10408 N New Hampshire Ave
12/20/21
7
3.0/1.0
3,256
$529,000
$162
10008 Branch View Ct
11/15/21
5
3.0/0
1,540
$549,900
$357
2,398
$539,450
$260
Averages
A
ACTIVE LISTINGS
ADDRESS
10301 Naglee Rd
Averages
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
4
3.0/1.0
2,160
$699,000
$324
2,160
$699,000
$324
Julia Bernstein 8
Listings
Julia Bernstein
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
1254 Cresthaven Dr
Silver Spring, MD 20903
$820,000 CLOSED
6 Beds 2.0/1.0 Baths Year Built 1948
11/19/21
MLS #MDMC754928 2,123 Sq. Ft. ($386 / sqft) Days on market: 26
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 11/20/21
Taxes: $6,098
Half baths: 1.0
County: MONTGOMERY
Acres: 0.94
Updated: Nov 20, 2021 10:50 AM
Subdivision: HILLANDALE HEIGHTS
Lot Size: 40,946
List Price: $900,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 4/23/21
Orig list price: $900,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 3
Senior Community Yn: false
Construction Materials: Other
Living Area Source: Assessor
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet Accessibility Features: Other
Cooling: Other
Lot Features: Additional Lot(s)
Tax Year: 2021
Basement: Full
Cooling Fuel: Electric
Lot Size Source: Assessor
Below Grade Finished Area: 707
Fireplaces Total: 1
Lot Size Units: Square Feet
Heating: Hot Water
Main Level Bedrooms: 3
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Special Listing Conditions: Standard
Style: ["Cape Cod"]
Features
Hot Water: Natural Gas
Structure Type: Detached Water Source: Public Zoning: R90
Julia Bernstein 10
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks Custom built single family home in need of renovation. Has two additional buildable lots. All are included in a package and not sold separately. Original owner home is solid but will need rehabbing. The two lots are large, level, and abut a wooded area. Total land area is around1.4 acres. The home is a true six bedroom home with 3 bedrooms located on the main level and three upstairs. The detached garage will be removed as that is the access road for the two lots. There is lots of room in this house and it has excellent potential for expansion.
Julia Bernstein 11
Comparative Market Analysis
1254 Cresthaven Dr $820,000 CLOSED
11/19/21
9 Schindler Court, Silver Spring, Maryland 20903 Silver Spring, MD 20903
6 Beds 2.0/1.0 Baths Year Built 1948
MLS #MDMC754928 2,123 Sq. Ft. ($386 / sqft) Days on market: 26
Julia Bernstein 12
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
1001 Devere Dr $550,000 CLOSED
MLS #MDMC756188
Silver Spring, MD 20903
5 Beds 3.0/0 Baths Year Built 1965
7/7/21
2,303 Sq. Ft. ($239 / sqft) Days on market: 15
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.41
Updated: Oct 2, 2021 5:02 AM
County: MONTGOMERY
Lot Size: 17,957
List Price: $569,000
Subdivision: HILLANDALE HEIGHTS
List date: 5/20/21
Orig list price: $569,000
Off-market date: 7/10/21
Taxes: $5,228
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 3.5
Sewer: Public Sewer
Construction Materials: Other
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Lot Size Source: Assessor
Accessibility Features: None
Cooling: Central A/C
Tax Year: 2021
Lot Size Units: Square Feet
Basement: Interior Access
Cooling Fuel: Electric
Virtual Tour: View
Below Grade Finished Area: 400
Fireplaces Total: 1
Pets Allowed: No Pet Restrictions
Water Source: Public
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Special Listing Conditions: Standard
Hot Water: Natural Gas
Senior Community Yn: false
Style: ["Split Level"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Heating: Central
Tax Lot: 28
Zoning: R90
Julia Bernstein 13
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks be sure to watch the tour using the button drawn by a video camera FOLLOW OFFER SUBMISSION GUIDELINES ON LISTING PACKAGE ON DISCLOSURES. Stunning & split level. Gorgeous backyard. A professional repaint makes this home spotless and move-in ready. PLEASE RESPECT AND FOLLOW ALL COVID GUIDELINES, WEAR A MASK AND USE SHOW COVERS PROVIDED AT THE ENTRYWAY. Thanks for showing.
Julia Bernstein 14
Comparative Market Analysis
1001 Devere Dr $550,000 CLOSED
7/7/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC756188
Silver Spring, MD 20903
5 Beds 3.0/0 Baths Year Built 1965
2,303 Sq. Ft. ($239 / sqft) Days on market: 15
Julia Bernstein 15
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10328 Parkman Rd
Silver Spring, MD 20903
$635,000 CLOSED
4 Beds 3.0/0 Baths Year Built 1950
12/6/21
MLS #MDMC2021978 2,350 Sq. Ft. ($270 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0
Off-market date: 12/6/21
Taxes: $4,384
Acres: 0.31
County: MONTGOMERY
Lot Size: 13,500
Updated: Dec 6, 2021 4:40 PM
Subdivision: HILLANDALE
List date: 11/5/21
List Price: $579,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Cape Cod"]
Orig list price: $579,000
Features Above Grade Finished Area Source: Estimated
Below Grade Finished Area: 1050
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Estimated
Accessibility Features: None
Below Grade Finished Area Units: Square Feet
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Oven/Range Gas, Six Burner Stove, Washer Basement: Connecting Stairway, Fully Finished, Improved, Outside Entrance, Shelving
Construction Materials: Brick Cooling: Central A/C, Ceiling Fan(s) Cooling Fuel: Electric Fencing: Partially Fireplace Features: Screen, Mantel(s)
Fireplaces Total: 1
Laundry Type: Basement
Foundation Details: Concrete Perimeter
Levels: 3
Heating: Hot Water
Living Area Source: Estimated
Heating Fuel: Natural Gas
Lot Features: Landscaping
Hot Water: Natural Gas
Lot Size Source: Estimated
Inclusions: Parking Included In ListPrice
Lot Size Units: Square Feet
Interior Features: Kitchen Gourmet, Dining Area, BuiltIns, Crown Moldings, Entry Level Bedroom, Primary Bath(s), Wood Floors, Floor Plan - Traditional
Patio And Porch Features: Deck(s), Porch(es)
Main Level Bedrooms: 2
Property Condition: Very Good
Julia Bernstein 16
Comparative Market Analysis
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Office, Bathroom 1, Attic, Primary Bathroom
9 Schindler Court, Silver Spring, Maryland 20903
Special Listing Conditions: Standard
Tax Year: 2013
Senior Community Yn: false
Virtual Tour: View
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached
Window Features: Skylights
Tax Lot: 3
Zoning: R90
View: Trees/Woods
Remarks Spacious storybook cape cod home with a huge yard on a picturesque street in the sought after Hillandale neighborhood. There are light-filled rooms, original architectural details, hardwood floors, and three finished levels of living space. This exceptional residences offers a welcoming foyer with arched entry, an inviting bright living room with fireplace and crown moldings, elegant dining room with beautiful views and access to screened porch, renovated chef's kitchen with silestone countertops, a six burner range and handsome cabinetry, two large bedrooms and stylish bath on the main level. There is an expansive private primary suite with alcoves, three large closets, skylight and full bath upstairs. The versatile finished lower level features a family room with custom built-ins and desks, fourth bedroom, yoga room or office, modern full bath, laundry and access to yard. The lushly landscaped oversized yard with a deck and mature plantings is ideal for outdoor entertaining or quiet relaxation while also providing wonderful play space. This superbly located home is near shopping, parks, commuter routes and the FDA campus. Enjoy!
Julia Bernstein 17
Comparative Market Analysis
10328 Parkman Rd $635,000 CLOSED
12/6/21
9 Schindler Court, Silver Spring, Maryland 20903 Silver Spring, MD 20903
4 Beds 3.0/0 Baths Year Built 1950
MLS #MDMC2021978 2,350 Sq. Ft. ($270 / sqft) Days on market: 5
Julia Bernstein 18
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10108 Brock Dr $485,000 CLOSED
MLS #MDMC2005516
Silver Spring, MD 20903
6 Beds 3.0/0 Baths Year Built 1960
8/27/21
1,456 Sq. Ft. ($333 / sqft) Days on market: 3
Details Prop Type: Single Family Residence
Style: ["Raised Ranch/ Rambler", "Split Foyer"]
List date: 7/22/21
Orig list price: $470,000
Off-market date: 9/9/21
Taxes: $4,625
County: MONTGOMERY
Full baths: 3.0
Subdivision: HILLANDALE HEIGHTS
Acres: 0.23
Updated: Sep 9, 2021 2:00 PM
Lot Size: 10,000
List Price: $470,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Lot Size Source: Assessor
Tax Lot: 4
Lot Size Units: Square Feet
Accessibility Features: None
Cooling: Central A/C
Tax Year: 2020
Main Level Bedrooms: 4
Below Grade Finished Area: 728
Cooling Fuel: Electric
Water Source: Public
Pets Allowed: Cats OK, Dogs OK
Zoning: R90
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Features
Heating: Central Hot Water: Natural Gas
Special Listing Conditions: Standard
Levels: 2
Senior Community Yn: false
Structure Type: Detached
Julia Bernstein 19
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks Location Location Location. Sought after Hillandale Heights. Walk to FDA and White Oak Medical campus. Minutes to the Beltway and I95 Six Bedrooms 3 Full Baths waiting for you to call this home yours. Hardwood Floors throughout. Lovely Bay window in the Living Room to watch nature at it's best. New carpet 2021 New dishwasher and washer dryer in 2020 This home is being sold As Is
Julia Bernstein 20
Comparative Market Analysis
10108 Brock Dr $485,000 CLOSED
8/27/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC2005516
Silver Spring, MD 20903
6 Beds 3.0/0 Baths Year Built 1960
1,456 Sq. Ft. ($333 / sqft) Days on market: 3
Julia Bernstein 21
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
902 W Nolcrest Dr $595,000 CLOSED
MLS #MDMC2015814
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1968
11/5/21
1,840 Sq. Ft. ($323 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Acres: 0.4
Orig list price: $569,900
Lot Size: 17,335
Taxes: $5,046
County: MONTGOMERY
List date: 9/23/21
Subdivision: HILLANDALE
Off-market date: 11/8/21
Style: ["Dutch"] Full baths: 2.0
Updated: Nov 8, 2021 2:04 AM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Half baths: 1.0
List Price: $549,900
Middle: FRANCIS SCOTT KEY Elementary: CRESTHAVEN
High: SPRINGBROOK
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range Electric, Refrigerator, Washer, Water Heater
Basement: Connecting Stairway, Interior Access, Outside Entrance, Rear Entrance, Walkout Stairs, Unfinished Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Vinyl Siding, Aluminum Siding
Cooling: Central A/C Cooling Fuel: Electric
Flooring: Ceramic Tile, Hardwood
Door Features: Six Panel
Foundation Details: Block
Exterior Features: Street Lights
Furnished: No
Fencing: Rear, Fully
Heating Fuel: Natural Gas
Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Screen, Stone
Hot Water: Natural Gas
Heating: Forced Air
Fireplaces Total: 1
Julia Bernstein 22
Comparative Market Analysis
Interior Features: Attic/ House Fan, Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Tub Shower, Walk-in Closet(s), Wood Floors, Window Treatments Laundry Type: Basement Levels: 3
9 Schindler Court, Silver Spring, Maryland 20903
Living Area Source: Assessor
Other Structures: Shed
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Sun/Florida Room, Primary Bathroom, Full Bath, Half Bath
Parking Features: Paved Driveway
Special Listing Conditions: Standard
Patio And Porch Features: Patio(s), Screened
Senior Community Yn: false
Lot Features: Landscaping, Rear Yard, SideYard(s), Front Yard Lot Size Source: Assessor Lot Size Units: Square Feet
Tax Lot: 2 Tax Year: 2021 Total Garage And Parking Spaces: 3 Virtual Tour: View Water Source: Public Window Features: Double Pane, Screens Zoning: R90 Driveway Spaces: 3
Sewer: Public Sewer Structure Type: Detached
Remarks Impeccably maintained 4 bedroom/2.5 bath home; Beautiful hickory solid Canyon Crest hardwood floors on main and upper lvls ('18); Updated stair rail w/ Poplar Newel oil rubbed bronze balusters ('18); Foyer entry; Updated light fixtures & recessed LED lighting w/ dimmers; Sun strewn formal living & dining rooms w/ upgraded crown moldings & Roman shades; Family room updated w/ reclaimed Mushroom board cedar wall ('18); Gas fireplace w/ granite base, Field Stone surround, Birch mantle, Birch flanking bookcases & Bates beige tile floor; Sun-lit kitchen and breakfast room awaits your finishing touch! Electric stove new ('19); Main lvl pwdr rm renovated w/ new toilet, vanity, faucet, lights & Mardi Gras cushion edge tile ('16); Sun room (converted car port '19) w/ reclaimed Mushroom board cedar, cathedral ceiling & fan , 2 full view screen doors (ScreenEze track system), 2 Victorian stained-glass windows & Rosewood slate floor opens out to patio and rear yard; Upper level primary bedroom w/ updated crown molding, Roman shades & ceiling fan; Renovated primary walk-in closet ('19); Renovated primary bathroom ('19) w/ Fairmont vanity, lighting, faucet, toilet, glass frame-less step-in shower, Technicolor super white matte, Rhythm nickel semi matter filed tile, Islandia penny round, Anthology charisma heirloom field tile; Heated floor w/ programmable thermostat; 3 additional bedrooms with great double door closet space, updated crown molding & Roman shades; Hall bathroom renovated ('16) w/ vanity, sink, faucet, toilet, lights, Irish Blanco, outlines mini strip canyon tile work & Silverwood tile floor; Large unfinished basement ready for your personal designation & design; Anderson Windows; Updated electrical panel ('18); Insulated attic ('16); Security system/2 outdoor Arlo cameras ('18); Brick front home w/ updated Ovation Desert Sand Siding (on house sides) ('19); Upgraded front & side Jeldwen doors ('18); Rosewood slate walkway ('18) Western Red Cedar trash shed ('18); Custom Timberlane shutters ('18); Chocolate gray mosaic retaining wall ('18); Privacy landscaping in rear yard ('19) New Roof ('18); Storage shed: 10x16 Kingston vinyl w/ built-in shelves & 5x4 ramp; Seasonally blooming landscape w/ mature trees & producing grape vines! fully fenced rear grassed yard; And so much more; Near to countless shopping and dining options; Excellent commuter access; Welcome Home! *Offers are due on Tuesday 9/28 at 12pm*
Julia Bernstein 23
Comparative Market Analysis
902 W Nolcrest Dr $595,000 CLOSED
11/5/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC2015814
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1968
1,840 Sq. Ft. ($323 / sqft) Days on market: 7
Julia Bernstein 24
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
1117 Dunoon Rd $451,501 CLOSED
MLS #MDMC758822
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1960
7/21/21
2,033 Sq. Ft. ($222 / sqft) Days on market: 27
Details Prop Type: Single Family Residence
Full baths: 2.0
List date: 5/14/21
Orig list price: $440,000
Half baths: 1.0
Off-market date: 8/5/21
Taxes: $4,605
County: MONTGOMERY
Acres: 0.21
Subdivision: HILLANDALE HEIGHTS
Lot Size: 9,276
Updated: Aug 5, 2021 9:09 AM
Garages: 1
List Price: $440,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 3
Sewer: Public Sewer
Construction Materials: Brick
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Lot Size Source: Assessor
Accessibility Features: None
Cooling: Central A/C
Tax Year: 2021
Lot Size Units: Square Feet
Basement: Walkout Level
Cooling Fuel: Electric
Total Garage And Parking Spaces: 1
Below Grade Finished Area: 466
Heating: Forced Air
# Of Attached Garage Spaces: 1
Below Grade Finished Area Source: Assessor
Hot Water: Natural Gas
Style: ["Split Level"]
Features
Heating Fuel: Natural Gas
Special Listing Conditions: REO (Real Estate Owned)
Tax Lot: 8
Water Source: Public Zoning: R90
Senior Community Yn: false
Julia Bernstein 25
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks This property is now active in an online auction. The sale will be subject to a 5% buyers premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction bids will be processed subject to seller approval.**** Subject property is being sold occupied with any and all occupants in AS IS/WHERE IS condition. Neither the seller nor the listing broker can verify the existence of any lease agreement, either written or verbal, nor any rental amount being paid, due or owing. Please DO NOT disturb the occupants. No access to property. Buyer is assuming ALL responsibility for any necessary eviction action. Buyer to verify everything-fees, hoa, condo, amenities, parking, utilities, rules, etc. Buyer or Buyers agent to pay $350 offer management/technology fee at closing.
Julia Bernstein 26
Comparative Market Analysis
1117 Dunoon Rd $451,501 CLOSED
7/21/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC758822
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1960
2,033 Sq. Ft. ($222 / sqft) Days on market: 27
Julia Bernstein 27
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
1029 Cresthaven Dr
Silver Spring, MD 20903
$550,000 CLOSED
4 Beds 3.0/0 Baths Year Built 1961
7/22/21
MLS #MDMC763976 1,990 Sq. Ft. ($276 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.58
Updated: Oct 1, 2021 8:59 AM
County: MONTGOMERY
Lot Size: 25,100
List Price: $550,000
Subdivision: HILLANDALE HEIGHTS
List date: 6/19/21
Orig list price: $498,500
Off-market date: 7/26/21
Taxes: $5,049
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Senior Community Yn: false
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick, Vinyl Siding
Lot Size Source: Assessor
Structure Type: Detached
Lot Size Units: Square Feet
Accessibility Features: Other
Cooling: Central A/C
Tax Lot: 48
Basement: Partially Finished
Cooling Fuel: Electric
Tax Year: 2020
Below Grade Finished Area: 360
Heating: Central, Forced Air
Below Grade Finished Area Source: Assessor
Room Type: Living Room, Dining Room, Kitchen, Family Room, Foyer, Laundry, Office, Storage Room, Utility Room, Screened Porch
Hot Water: Natural Gas
Style: ["Split Level"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Heating Fuel: Natural Gas Levels: 4
Sewer: Public Sewer
Water Source: Public Zoning: R90
Special Listing Conditions: Standard
Julia Bernstein 28
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks THIS VERY SPACIOUS HOME OFFERS COMFORT, SPACE & MOST CERTAINLY LOCATION!! MINUTES FROM FDA/495/95/ SHOPPING/HOSPITALS & MOST NEEDED SERVICES. *** BEAUTIFUL HARDWOOD FLOORS THROGHOUT UPPER LEVEL , LIVING ROOM & DINING ROOM ***ALL STAINLESS STEEL APPLIANCES INSTALLED IN 2020 FOR YOUR ENJOYMENT. ***YOU WILL MOST CERTAINLY ENJOY THE EXPANSIVE CATHEDRAL CEILINGED SCREENED PORCH & DECK OFF THE DINING ROOM. FANTASTIC FOR ENTERTAINING! ***ALL BEDROOMS, & MOST AREAS IN HOUSE HAVE JUST BEEN PAINTED, ***NEW FLOORING IN KITCHEN, LIGHT FIXTURES, WINDOWS, HVAC, HOT WATER HEATER HAVE BEEN UPDATED. ***YOU WILL ENJOY THE XLARGE FAMILY ROOM OFF THE FOYER ON THE 3RD LEVEL WITH A BEDROOM & FULL BATH, WITH SEPARATE ENTRY. VERY ACCOMODATING). ***DRIVEWAY FACILITATES 4 CARS COMFORTABLY. ***WE INVITE YOU TO COME & EXPERIENCE THE DETAILS OF THIS HOME FOR YOURSELF..... OPEN HOUSE SATURDAY 1-3PM. Property shows very nicely; but conveys in AS-IS Condition All CONTRACTS MUST BE IN BY TUESDAY 3PM 6/20/2020 ALL COVID RULES APPLY.... 3 VISITORS AT A TIME, INCLUDING AGENT. MASK & SANITIZER UPON ENTRY....THANK YOU!!
Julia Bernstein 29
Comparative Market Analysis
1029 Cresthaven Dr $550,000 CLOSED
7/22/21
9 Schindler Court, Silver Spring, Maryland 20903 Silver Spring, MD 20903
4 Beds 3.0/0 Baths Year Built 1961
MLS #MDMC763976 1,990 Sq. Ft. ($276 / sqft) Days on market: 5
Julia Bernstein 30
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10115 Brock Dr $660,000 CLOSED
MLS #MDMC760916
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1960
7/26/21
1,948 Sq. Ft. ($339 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 7/26/21
Taxes: $4,910
Half baths: 1.0
County: MONTGOMERY
Acres: 0.27
Updated: Jul 26, 2021 1:44 PM
Subdivision: HILLANDALE HEIGHTS
Lot Size: 11,583
List Price: $659,999
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 5/27/21
Orig list price: $639,999
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Estimated
Heating: Forced Air, Central, Programmable Thermostat
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Accessibility Features: None
Carport Spaces: 1
Levels: 4
Basement: Connecting Stairway, Daylight, Full, Fully Finished, Heated, Improved, Interior Access, Rear Entrance, Walkout Level, Water Proofing System, Sump Pump
Construction Materials: Brick
Living Area Source: Estimated
Cooling: Ceiling Fan(s), Central A/C
Lot Size Source: Assessor
Style: ["Split Level"]
Features
Below Grade Finished Area: 560
Cooling Fuel: Electric Exclusions: Staging furniture and accessories Fireplaces Total: 1
Hot Water: Natural Gas
Lot Size Units: Square Feet Patio And Porch Features: Deck(s), Enclosed, Screened Property Condition: Excellent
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/ Florida Room, Laundry, Utility Room, Primary Bathroom, Full Bath, Half Bath Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Julia Bernstein 31
Comparative Market Analysis
Tax Lot: 26 Tax Year: 2021
9 Schindler Court, Silver Spring, Maryland 20903
Total Garage And Parking Spaces: 3
Zoning: R90 Driveway Spaces: 2
Water Source: Public
Remarks MUST SEE renovated all-brick beauty in Hallandale Heights. This spacious open flowing floorpan encompasses 4 finished levels of living. Upon entry on the light-filled main level, you'll be greeted by soaring ceilings, a gourmet kitchen (featuring quartz countertops, timeless yet modern subway tile backsplash, stainless steel appliance package, and shaker cabinets with brushed gold accents), an awesome accent wall, warm wood floors, and a sun-soaked all season sun room. Going up one level takes you to 3 generous sized bedrooms and 2 full bathrooms with tile work, faucets, and fixtures you'll fall in love with (including the primary bedroom suite complete with its own bathroom). Let's take the short trip back to the main level, and then down one more level where you'll find a half bathroom, living room with fire place, and the 4th bedroom (or the home office perhaps??). Are you loving your new home yet? Well, we aren't done inside yet. Let's go down another level to the fully finished walkout basement that has another huge living room, 3 storage rooms, and the laundry/utility room. The outside of the home has not only a deck off of the sunroom, but also a screened in porch, and fully fenced in yard. The off street parking situation is perfect! The carport and driveway at your new home accommodates 3 cars. Oh, while this house is sure to be an instant classic, we've also been sure to include great technology such as the Nest Smart Thermostat and Schlage Smart Door Lock. Welcome Home!
Julia Bernstein 32
Comparative Market Analysis
10115 Brock Dr $660,000 CLOSED
7/26/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC760916
Silver Spring, MD 20903
4 Beds 2.0/1.0 Baths Year Built 1960
1,948 Sq. Ft. ($339 / sqft) Days on market: 5
Julia Bernstein 33
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10408 N New Hampshire Ave $529,000 PENDING
Silver Spring, MD 20903
7 Beds 3.0/1.0 Baths Year Built 1938
12/20/21
MLS #MDMC2022076 3,256 Sq. Ft. ($162 / sqft) Days on market: 13
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 11/5/21
Orig list price: $529,000
Half baths: 1.0
Off-market date: 11/17/21
Taxes: $6,689
County: MONTGOMERY
Acres: 0.22
Subdivision: HILLANDALE
Lot Size: 9,750
Updated: Nov 17, 2021 7:06 AM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Colonial"]
List Price: $529,000
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area: 1400
Flooring: Hardwood, Partially Carpeted, Other, Tile/Brick
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Foundation Details: Concrete Perimeter
Accessibility Features: Doors - Swing In, Doors Lever Handle(s), Accessible Switches/Outlets, Other
Below Grade Finished Area Units: Square Feet
Heating: Baseboard - Electric
Construction Materials: Brick
Hot Water: Natural Gas
Appliances: Dishwasher, Range Hood, Oven/Range Electric
Cooling: Window Unit(s)
Basement: Interior Access, Unfinished, Full, Outside Entrance, Rear Entrance, Sump Pump, Walkout Level
Door Features: French, Storm, Six Panel, Sliding Glass
Cooling Fuel: Electric
Fireplaces Total: 1
Heating Fuel: Central
Interior Features: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Family Room Off Kitchen, Sprinkler System, Wood Floors, Other, Formal/Separate Dining Room, Walk-in Closet(s) Levels: 3 Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 2
Julia Bernstein 34
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Patio And Porch Features: Balcony, Deck(s)
Special Listing Conditions: REO (Real Estate Owned)
Structure Type: Detached Tax Lot: 15
Window Features: Double Hung
Pets Allowed: No Pet Restrictions
Security Features: Main Entrance Lock, Smoke Detector, Sprinkler System Indoor
Tax Year: 2021
Zoning: R90
Property Condition: Below Average, Major Rehab Needed Roof: Composite
Senior Community Yn: false Sewer: Public Sewer
Utilities: Natural Gas Available, Sewer Available, Water Available Water Source: Public
Remarks Don't let this one slip by - wonderful location and very large home on a super large lot with lots of off-street parking. Ideal for investors, developers or a homeowner who is looking for a project! Easy access from I495 and close to many shops, restaurants, U.S. Army Research Laboratory, schools, and public transportation. This home greets you with much space and lots of potential to bring back its beauty. Come inside and be welcomed with a very spacious living area with fireplace, formal dining room, family room and a huge eat in kitchen! Rooms have large windows with natural lighting, some with walk in closets and hardwood floors. The full walkout basement is a plus. The balcony and deck are perfect for outdoor entertainment. Superb location! This property will surely not disappoint anyone with a vision!
Julia Bernstein 35
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10408 N New Hampshire Ave $529,000 PENDING
12/20/21
Silver Spring, MD 20903
7 Beds 3.0/1.0 Baths Year Built 1938
MLS #MDMC2022076 3,256 Sq. Ft. ($162 / sqft) Days on market: 13
Julia Bernstein 36
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10008 Branch View Ct
Silver Spring, MD 20903
$549,900 PENDING
5 Beds 3.0/0 Baths Year Built 1966
11/15/21
MLS #MDMC2014010 1,540 Sq. Ft. ($357 / sqft) Days on market: 42
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.22
Updated: Oct 28, 2021 1:06 AM
County: MONTGOMERY
Lot Size: 9,600
List Price: $549,900
Subdivision: HILLANDALE HEIGHTS
List date: 9/5/21
Orig list price: $599,900
Off-market date: 10/16/21
Taxes: $4,990
Basement: Outside Entrance, Rear Entrance, Daylight, Full, Connecting Stairway, Full, Heated, Improved, Partially Finished, Walkout Stairs
Construction Materials: Combination, Brick
Foundation Details: Permanent
Cooling: Ceiling Fan(s), Central A/C
Heating: Forced Air
Cooling Fuel: Electric
Hot Water: Natural Gas
Door Features: French, Sliding Glass, Storm
Interior Features: Kitchen Table Space, Combination Dining/Living, Kitchen - EatIn, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wood Floors, Upgraded Countertops, Recessed Lighting
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: Grab Bars Mod Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range Gas, Refrigerator, Washer, Water Heater
Below Grade Finished Area: 1000 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Carport Spaces: 1
Exterior Features: Sidewalks, Stone Retaining Walls Fireplace Features: Equipment Fireplaces Total: 1
Heating Fuel: Natural Gas
Julia Bernstein 37
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Levels: 2
Main Level Bedrooms: 4
Senior Community Yn: false
Living Area Source: Estimated
Patio And Porch Features: Deck(s), Patio(s), Porch(es)
Sewer: Public Sewer
Lot Features: Backs to Trees, Backs - Parkland, Cul-de-sac, No Thru Street, Partly Wooded, Trees/Wooded, Private
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Utility Room
Tax Lot: 44
Special Listing Conditions: Standard
Water Source: Public
Lot Size Source: Assessor Lot Size Units: Square Feet
Structure Type: Detached
Window Features: Double Pane, Bay/Bow, Insulated, Screens Zoning: R90
Tax Year: 2021 Total Garage And Parking Spaces: 1 View: Trees/Woods
Remarks Welcome to your future home! Located in a quiet cul de sac street of this Hillandale neighborhood, this home has a lot more space than it seems! It is a beautiful rambler with a newer kitchen, baths, refinished hardwoods and windows! In total, you've got 5 bedrooms, 3 full bathrooms and over 2000 sq/ft of living space! Pulling up, there is a long driveway with a carport and storage. As you walk in, you've got a nice main level with 4 full bedrooms and 2 full bathrooms. You are welcomed by hardwood flooring and an open floor plan. The kitchen has bar seating and granite countertops. Walking through the hallway, you've got a renovated full hallway bathroom with a washer and dryer, and 3 bedrooms. At the end of the hallway, you've got your primary bedroom with the en suite bath. Down the stairs, you have a finished walkout basement, featuring a huge living room with a fireplace, a full bathroom and a spacious 5th bedroom! You'll also have plenty of storage space with a large unfinished area. With a washer & dryer on both levels, you'll be able to easily divide up the chores. Outside, you'll enjoy a huge deck and patio overlooking Northwest Branch Park and a walking trail for your exploration! This home is very quiet and you do NOT hear the highway at all. Convenient location-close to FDA and all major commuting routes (New Hampshire Ave Rt 650, 495, ICC 200, Colesville Rd Rt 29, University Blvd 193, ! West Hillandale swim & volleyball is also available for an annual fee.
Julia Bernstein 38
Comparative Market Analysis
10008 Branch View Ct $549,900 PENDING
11/15/21
9 Schindler Court, Silver Spring, Maryland 20903 Silver Spring, MD 20903
5 Beds 3.0/0 Baths Year Built 1966
MLS #MDMC2014010 1,540 Sq. Ft. ($357 / sqft) Days on market: 42
Julia Bernstein 39
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
10301 Naglee Rd $699,000 ACTIVE
MLS #MDMC2014630
Silver Spring, MD 20903
4 Beds 3.0/1.0 Baths Year Built 1989
9/10/21
2,160 Sq. Ft. ($324 / sqft) Days on market: 70
Details Prop Type: Single Family Residence
Full baths: 3.0
Garages: 1
Orig list price: $699,900
Half baths: 1.0
List date: 9/10/21
Taxes: $5,975
County: MONTGOMERY
Acres: 0.21
Subdivision: HILLANDALE
Lot Size: 9,263
Updated: Nov 17, 2021 3:24 AM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Colonial"]
List Price: $699,000
Features Above Grade Finished Area Source: Assessor
Construction Materials: Brick
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Assessor
Tax Year: 2021
Cooling Fuel: Electric
Lot Size Units: Square Feet
Accessibility Features: None
Fireplaces Total: 1
Total Garage And Parking Spaces: 1
Basement: Fully Finished
Foundation Details: Other
# Of Attached Garage Spaces: 1
Below Grade Finished Area Source: Assessor
Heating: Central
Below Grade Finished Area Units: Square Feet
Hot Water: Electric
Heating Fuel: Electric Levels: 3
Special Listing Conditions: Standard
Tax Lot: P19
Water Source: Public Zoning: R90
Senior Community Yn: false Sewer: Public Sewer
Julia Bernstein 40
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Remarks Convenient location meets uncompromising seclusion in this gorgeous home. Right off New Hampshire, this house can provide an oasis for any commuter. Recently repaired roof and HVAC, gorgeously renovated kitchen and deck out back with a jacuzzi overlooking a forest of trees. Fully finished basement, with a full bath and separate entrance. Best of both worlds and ready to be yours!
Julia Bernstein 41
Comparative Market Analysis
10301 Naglee Rd $699,000 ACTIVE
9/10/21
9 Schindler Court, Silver Spring, Maryland 20903
MLS #MDMC2014630
Silver Spring, MD 20903
4 Beds 3.0/1.0 Baths Year Built 1989
2,160 Sq. Ft. ($324 / sqft) Days on market: 70
Julia Bernstein 42
Analysis
Julia Bernstein
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Comparable Property Statistics S
8 Sold Listings LOWEST
$451,501
P
$593,312
HIGH
$820,000
AVG PRICE / SQFT
AVG DOM
$299
11
AVG PRICE / SQFT
AVG DOM
$260
27
AVG PRICE / SQFT
AVG DOM
$324
70
2 Pending Listings LOWEST
$529,000
A
AVERAGE
AVERAGE
$539,450
HIGH
$549,900
1 Active Listings LOWEST
$699,000
AVERAGE
$699,000
HIGH
$699,000
Julia Bernstein 44
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Sold Property Analysis Averages
100.6%
Homes sold for an average of 100.6% of their list price.
11
Days on market
It took an average of 11 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
1254 Cresthaven Dr
$900,000
$820,000
91.11%
26
$386
1001 Devere Dr
$569,000
$550,000
96.66%
15
$239
10328 Parkman Rd
$579,000
$635,000
109.67%
5
$270
10108 Brock Dr
$470,000
$485,000
103.19%
3
$333
902 W Nolcrest Dr
$569,900
$595,000
104.40%
7
$323
1117 Dunoon Rd
$440,000
$451,501
102.61%
27
$222
1029 Cresthaven Dr
$498,500
$550,000
110.33%
5
$276
10115 Brock Dr
$639,999
$660,000
103.13%
5
$339
$583,299
$593,312
101.72%
11
$299
Averages
Julia Bernstein 45
Closing
Julia Bernstein
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 first 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 flyer. 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.
Julia Bernstein 47
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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.
Julia Bernstein 48
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 Profile 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 officials. • 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.
Julia Bernstein 49
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 first 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.
Julia Bernstein 50
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Intelligent Pricing and Timing
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, 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 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 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.
Julia Bernstein 51
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Curb Appeal, A First Impression That Lasts Most buyers form their first 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 first 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 first impression. Here's a simple cleanup and spruce up checklist to make sure your home leaves a stellar first 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 flower beds and replace leggy, thin landscaping with fresh plants and flowers. • 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 fixtures -and if possible, pick new fixtures with the same mounting system to save time and hassle. • Install new house numbers that match the finish of your light fixtures. • Consider upgrading your mailbox; it's an inexpensive fix and the first thing that buyers will see when they pull up to your home. • Install flowerboxes or pots of blooming flowers for a pop of color. • Hang a seasonal wreath from your front door.
Julia Bernstein 52
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 difficult 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 Profile 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.
Julia Bernstein 53
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 benefits for your donations than pennies on the dollar at a garage sale. It's faster, more efficient 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 financial 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 floor. 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.
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Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Moving Checklist Moving to a new home can be an exciting but stressful journey. By finding the right movers and having a good, though flexible, 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 find 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, file 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.
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Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
• 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 floor bath, etc. Consider using different colored stickers/tape for each room. • Provide your movers with copies of the floorplan of your new home, so they can move more efficiently 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 flammable liquids, cleaning fluids, 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.
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Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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 • Indemnification • 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.
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Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Notes
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Guidance
Julia Bernstein
Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
Client Testimonials Here's a list of my happy customers! Customer 1 Customer 2 Customer 3
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Comparative Market Analysis
9 Schindler Court, Silver Spring, Maryland 20903
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.
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