Skip to main content

LP - MAKI

Page 1

______


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Maki Kawasaki APRIL 4, 2022

Maya Youssef


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 Uelds 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.

Maya Youssef 2


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

BEDS

BATHS

SQFT

PRICE

16191 Decker Pl

3

3.50

1,528

-

1

Subject

2

MDMC2024696

S

8162 Varick Pl

3

3.0/1.0

1,514

$444,695

3

MDMC2019458

S

16223 Decker Pl

3

3.0/1.0

1,829

$659,000

4

MDMC2020480

S

8170 Varick Pl

3

2.0/1.0

1,514

$444,695

5

MDMC2018332

S

16136 Columbus Ave

3

3.0/1.0

1,743

$599,990

6

MDMC2007462

S

16199 Columbus Ave

3

3.0/1.0

1,700

$610,000

7

MDMC756158

S

16176 Connors Way

2

2.0/1.0

1,524

$502,315

8

MDMC754454

S

8087 Tribeca St

3

3.0/1.0

1,888

$650,000

9

MDMC751706

S

16305 Columbus Ave

3

3.0/1.0

1,513

$665,000

10

MDMC731696

S

16215 Decker Pl

3

3.0/1.0

1,829

$660,000

Maya Youssef 3


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

8162 Varick Pl

3/2/22

3

3.0/1.0

1,514

$444,695

$294

16223 Decker Pl

1/7/22

3

3.0/1.0

1,829

$659,000

$360

2/28/22

3

2.0/1.0

1,514

$444,695

$294

16136 Columbus Ave

11/30/21

3

3.0/1.0

1,743

$599,990

$344

16199 Columbus Ave

11/10/21

3

3.0/1.0

1,700

$610,000

$359

16176 Connors Way

10/14/21

2

2.0/1.0

1,524

$502,315

$330

7/8/21

3

3.0/1.0

1,888

$650,000

$344

16305 Columbus Ave

5/18/21

3

3.0/1.0

1,513

$665,000

$440

16215 Decker Pl

4/28/21

3

3.0/1.0

1,829

$660,000

$361

1,672

$581,743

$347

8170 Varick Pl

8087 Tribeca St

Averages

Maya Youssef 4


Listings

Maya Youssef


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

8162 Varick Pl $444,695 CLOSED

MLS #MDMC2024696

Rockville, MD 20855

3 Beds 3.0/1.0 Baths

1,514 Sq. Ft. ($294 / sqft)

Days on market: 38

3/2/22

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.05

Updated: Mar 9, 2022 5:22 AM

County: MONTGOMERY

Lot Size (sqft): 2,178

List Price: $444,695

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: WESTSIDE AT SHADY GROVE METRO

List date: 11/30/21

Orig list price: $444,695

High: GAITHERSBURG

Off-market date: 3/9/22

Assoc Fee: $170

Middle: FOREST OAK

Association Amenities: Common Grounds, Community Center, Fitness Center, Jog/Walk Path, Meeting Room, Pool Outdoor, Tot Lots/ Playground

Builder Model: The Henry [Elev. A]

Association Fee Frequency: Monthly

Cooling: Central A/C

Association Fee Includes: Lawn Maintenance, Pool(s), Snow Removal, Trash

Foundation Details: Slab

Living Area Source: Estimated

Heating: Energy Star Heating System

Lot Size Source: Estimated

Style: ["Contemporary"]

Elementary: WASHINGTON GROVE

Full baths: 3.0

Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Refrigerator

Builder Name: Stanley Martin Homes Construction Materials: Brick Front Cooling Fuel: Natural Gas

Heating Fuel: Electric

Hot Water: Electric Interior Features: Combination Dining/Living, Combination Kitchen/Living, Dining Area, Floor Plan Open, Recessed Lighting, Walk-in Closet(s) Levels: 4

Lot Size Units: Square Feet

Maya Youssef 6


Comparative Market Analysis

Special Listing Conditions: Standard Senior Community Yn: false

16191 Decker Place, Rockville, Maryland 20855

Sewer: Public Sewer

Tax Lot: H7

Water Source: Public

Structure Type: Interior Row/ Townhouse

Tax Year: 2021

Zoning: N/A

Remarks This community is nestled in the heart of Rockville within walking distance to the Metro. You can also enjoy Une dining and shopping at the Rio or Crown! Enjoy a relaxing evening at home nestled in your living room or cook your favorite dish in your kitchen that allows you to chat with friends or loved ones. A dining area and guest powder room nicely complete the open main level. Enjoy the convenience of a second bedroom and full bathroom, as well as an upstairs laundry room. *Photos are of a similar home.* We are currently following local government guidelines regarding COVID-19. This is a Workforce Housing unit. Certain restrictions apply. To purchase a WFH home at Westside at Shady Grove you must be eligible based on your total household income. If you are interested in applying for a WFH home at Westside at Shady Grove, please contact the Showing Contact for more information.

Maya Youssef 7


Comparative Market Analysis

8162 Varick Pl $444,695 CLOSED

3/2/22

16191 Decker Place, Rockville, Maryland 20855

MLS #MDMC2024696

Rockville, MD 20855

3 Beds 3.0/1.0 Baths

1,514 Sq. Ft. ($294 / sqft)

Days on market: 38

Maya Youssef 8


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16223 Decker Pl $659,000 CLOSED

MLS #MDMC2019458

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

1/7/22

1,829 Sq. Ft. ($360 / sqft) Days on market: 50

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 10/22/21

Orig list price: $670,000

Half baths: 1.0

Off-market date: 1/7/22

Assoc Fee: $170

County: MONTGOMERY

Acres: 0.02 Lot Size (sqft): 1,074

Updated: Jan 7, 2022 9:09 AM

Taxes: $6,719

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 1

List Price: $659,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Above Grade Finished Area Source: Estimated

Builder Model: Bancroft

Levels: 4

Senior Community Yn: false

Builder Name: EYA Construction Materials: Other

Living Area Source: Estimated

Sewer: Public Sewer

Above Grade Finished Area Units: Square Feet Accessibility Features: None Association Fee Frequency: Monthly

Style: ["Colonial"]

Features

Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet

Lot Size Source: Assessor

Structure Type: End of Row/ Townhouse

Cooling: Central A/C

Lot Size Units: Square Feet

Tax Lot: 9

Cooling Fuel: Electric

Tax Year: 2021

Foundation Details: Slab

# Of Attached Garage Spaces: 1

Heating: Forced Air

Room Type: Study

Heating Fuel: Natural Gas

Special Listing Conditions: Standard

Hot Water: Natural Gas

Total Garage And Parking Spaces: 1 Water Source: Public Zoning: CRT1.

Maya Youssef 9


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Remarks Welcome to the expanded end unit Bancroft model town home. Built in 2017 this spacious home has numerous upgrades including the lower level den/oWce, upgraded quartz countertops in the kitchen, Whirlpool appliances, upgraded 42" cabinets, access to a private deck from the kitchen (grill included) and window treatments throughout the home. The owners suite has a bump for added square feet and a spacious roof top deck (umbrella included). There are ceiling fans in each bedroom and family room, custom dining room light, built in wi-U extenders throughout the home and a security system. It also has a 1-vehicle garage, 2 guest parking passes and you will love the community clubhouse, swimming pool, Utness center and tot lot. Walk to Giant Foods, Starbucks, a wine/liquor store and the Shady Grove Metro. Welcome home to easy living.

Maya Youssef 10


Comparative Market Analysis

16223 Decker Pl $659,000 CLOSED

1/7/22

16191 Decker Place, Rockville, Maryland 20855

MLS #MDMC2019458

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

1,829 Sq. Ft. ($360 / sqft) Days on market: 50

Maya Youssef 11


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

8170 Varick Pl $444,695 CLOSED

MLS #MDMC2020480

Rockville, MD 20855

3 Beds 2.0/1.0 Baths

1,514 Sq. Ft. ($294 / sqft)

Days on market: 39

2/28/22

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.05

Updated: Mar 2, 2022 10:03 AM

County: MONTGOMERY

Lot Size (sqft): 2,178

List Price: $444,695

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 2

Orig list price: $444,695

High: GAITHERSBURG

List date: 10/22/21

Assoc Fee: $170

Middle: FOREST OAK

Style: ["Contemporary"] Full baths: 2.0

Elementary: WASHINGTON GROVE

Off-market date: 3/2/22

Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Oven/Range - Gas, Refrigerator

Association Amenities: Common Grounds, Community Center, Fitness Center, Jog/Walk Path, Meeting Room, Pool Outdoor, Tot Lots/ Playground

Builder Model: The Henry [Elev. A]

Construction Materials: Brick Front

Living Area Source: Estimated

Association Fee Frequency: Monthly

Cooling: Central A/C

Lot Size Source: Estimated

Cooling Fuel: Natural Gas

Lot Size Units: Square Feet

Association Fee Includes: Lawn Maintenance, Pool(s), Snow Removal, Trash

Foundation Details: Slab

# Of Attached Garage Spaces: 2

Builder Name: Stanley Martin Homes

Heating: Energy Star Heating System

Hot Water: Electric Interior Features: Combination Kitchen/Living Levels: 3

Property Condition: Excellent

Heating Fuel: Electric

Maya Youssef 12


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Special Listing Conditions: Standard

Structure Type: Interior Row/ Townhouse

Total Garage And Parking Spaces: 2

Senior Community Yn: false

Tax Lot: H5

Utilities: Under Ground

Sewer: Public Sewer

Tax Year: 2021

Water Source: Public

Zoning: N/A

Remarks This community is nestled in the heart of Rockville within walking distance to the Metro. You can also enjoy Une dining and shopping at the Rio or Crown! Enjoy a relaxing evening at home nestled in your living room or cook your favorite dish in your kitchen that allows you to chat with friends or loved ones. A dining area and guest powder room nicely complete the main level. Enjoy the convenience of your owner's suite with a full bathroom, as well as an upstairs laundry room. When you pull out of your attached 2 car garage, you can quickly access I-270 or 495. *Photos are of a similar home.* We are currently following local government guidelines regarding COVID-19. This is a Workforce Housing unit. Certain restrictions apply. To purchase a WFH home at Westside at Shady Grove you must be eligible based on your total household income. If you are interested in applying for a WFH home at Westside at Shady Grove, please contact the Showing Contact for more information. *

Maya Youssef 13


Comparative Market Analysis

8170 Varick Pl $444,695 CLOSED

2/28/22

16191 Decker Place, Rockville, Maryland 20855

MLS #MDMC2020480

Rockville, MD 20855

3 Beds 2.0/1.0 Baths

1,514 Sq. Ft. ($294 / sqft)

Days on market: 39

Maya Youssef 14


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16136 Columbus Ave

Rockville, MD 20855

$599,990 CLOSED

3 Beds 3.0/1.0 Baths Year Built 2021

11/30/21

MLS #MDMC2018332 1,743 Sq. Ft. ($344 / sqft) Days on market: 49

Details Prop Type: Single Family Residence

Acres: 0.02 Lot Dim: 768

Updated: Nov 30, 2021 5:04 PM

County: MONTGOMERY

Lot Size (sqft): 814

List Price: $599,990

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 2

Orig list price: $621,840

High: GAITHERSBURG

List date: 10/5/21

Assoc Fee: $170

Middle: FOREST OAK

Off-market date: 11/30/21

Taxes: $7,773

Elementary: WASHINGTON GROVE

Above Grade Finished Area Source: Estimated

Below Grade Finished Area Source: Assessor

Cooling: Central A/C

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Units: Square Feet

Exterior Features: Play Area, Sidewalks, Street Lights

Accessibility Features: None

Builder Model: CARNEGIE

Fireplaces Total: 1

Appliances: Washer, Dryer, Dishwasher, Stainless Steel Appliances, Disposal

Builder Name: LENNAR HOMES

Foundation Details: Other

Interior Features: Carpet, Floor Plan - Open, Kitchen Gourmet, Kitchen - Island, Crown Moldings, Sprinkler System, Pantry, Upgraded Countertops, Walk-in Closet(s)

Heating: Forced Air

Laundry Type: Upper Floor

Community Pool Features: Above Ground, Fenced

Heating Fuel: Electric

Levels: 4

Hot Water: Natural Gas

Living Area Source: Estimated

Style: ["Contemporary"] Full baths: 3.0 Half baths: 1.0

Features

Association Fee Frequency: Monthly

Construction Materials: Brick, Other

Cooling Fuel: Electric

Maya Youssef 15


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Lot Dimensions Source: Estimated

# Of Attached Garage Spaces: 2

Security Features: 24 hour security

Lot Size Source: Assessor

Senior Community Yn: false

Total Garage And Parking Spaces: 2

Lot Size Units: Square Feet

Patio And Porch Features: Deck(s)

Sewer: Public Septic

Water Source: Public

Main Level Bedrooms: 3

Property Condition: Excellent

Structure Type: Interior Row/ Townhouse

Zoning: TOMX2

Special Listing Conditions: Standard

Tax Year: 2021

Remarks Move in Now! A Walk to Shady Grove Metro, come home to this stunning 4 level home with a deck off the kitchen and rooftop Terrace! Minutes to old town Rockville and 20 minutes away from Pike and Rose and Convenient to Gaithersburg! Enjoy Lennar's Everything's included program; know your Unal sales price before you purchase! Photos are not the actual home. Call or text for an appointment today.

Maya Youssef 16


Comparative Market Analysis

16136 Columbus Ave $599,990 CLOSED

11/30/21

16191 Decker Place, Rockville, Maryland 20855 Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2021

MLS #MDMC2018332 1,743 Sq. Ft. ($344 / sqft) Days on market: 49

Maya Youssef 17


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16199 Columbus Ave

Rockville, MD 20855

$610,000 CLOSED

3 Beds 3.0/1.0 Baths Year Built 2018

11/10/21

MLS #MDMC2007462 1,700 Sq. Ft. ($359 / sqft) Days on market: 81

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 7/23/21

Orig list price: $665,000

Half baths: 1.0

Off-market date: 11/11/21

Assoc Fee: $170

County: MONTGOMERY

Acres: 0.02 Lot Size (sqft): 800

Updated: Nov 11, 2021 9:37 AM

Taxes: $7,413

Subdivision: NONE AVAILABLE

Garages: 2

List Price: $610,000

Above Grade Finished Area Source: Estimated

Below Grade Finished Area Units: Square Feet

Above Grade Finished Area Units: Square Feet

Construction Materials: Brick

Accessibility Features: Other

Cooling: Central A/C

Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Floor Plan Open, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Window Treatments

Appliances: Dishwasher, Microwave, Refrigerator, Stove

Cooling Fuel: Electric

Levels: 4

Flooring: Carpet, Wood

Tax Lot: 3

Heating: Central

Living Area Source: Estimated

Heating Fuel: Natural Gas

Lot Size Source: Assessor

Hot Water: Natural Gas

Lot Size Units: Square Feet

Total Garage And Parking Spaces: 2

Style: ["Traditional"]

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Features

Association Fee Frequency: Monthly Below Grade Finished Area Source: Assessor

# Of Attached Garage Spaces: 2

Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Interior Row/ Townhouse Tax Year: 2021

Water Source: Public Zoning: CRT1.

Maya Youssef 18


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Remarks Home with 1,700 SF of Livable Space! This is a wonderful opportunity to own in the incredibly convenient West Side at Shady Grove Metro community. Turnkey and Move-in ready! This 3 bed and 3.5 bath Bancroft TH by EYA has 4 levels. The private rooftop terrace offers beautiful sunset views and looks down to the Community Center's green outdoor party space. The kitchen is equipped with top-of-the-line appliances and is open to the living and dining area. Upstairs has two bedrooms with an extensively upgraded primary large custom closet and bath with dual vanity and spacious shower, and a second upgraded full bathroom. The top Voor offers the third bedroom, full bath, and family room that opens to the rooftop terrace. The house faces south and is sunlight-Ulled throughout the day. It has a two-car garage and abundant storage spaces. Just across the street, the Community Center offers a beautiful swimming pool, Utness center & club house. A community dog park is planned to open Fall 2021. Conveniently located 0.5 miles from Metro with a bike-share across the street. Welcome home!

Maya Youssef 19


Comparative Market Analysis

16199 Columbus Ave $610,000 CLOSED

11/10/21

16191 Decker Place, Rockville, Maryland 20855 Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2018

MLS #MDMC2007462 1,700 Sq. Ft. ($359 / sqft) Days on market: 81

Maya Youssef 20


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16176 Connors Way

Rockville, MD 20855

$502,315 CLOSED

2 Beds 2.0/1.0 Baths Year Built 2021

10/14/21

MLS #MDMC756158 1,524 Sq. Ft. ($330 / sqft) Days on market: 35

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.05

Updated: Oct 18, 2021 12:57 PM

County: MONTGOMERY

Lot Size (sqft): 2,178

List Price: $509,990

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 1

Orig list price: $509,990

High: GAITHERSBURG

List date: 4/30/21

Assoc Fee: $170

Middle: FOREST OAK

Style: ["Contemporary"] Full baths: 2.0

Elementary: WASHINGTON GROVE

Off-market date: 10/18/21

Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Microwave, Oven Double, Refrigerator

Association Amenities: Common Grounds, Community Center, Fitness Center, Jog/Walk Path, Pool Outdoor, Tot Lots/ Playground

Association Fee Includes: Lawn Maintenance, Pool(s), Sewer, Snow Removal, Trash, Water

Association Fee 2: 140

Builder Name: Stanley Martin Homes

Association Fee 2 Frequency: Monthly Association Fee Frequency: Monthly

Builder Model: The Jones [Elev. B]

Heating: Energy Star Heating System Heating Fuel: Electric Hot Water: Electric

Construction Materials: Brick Front

Interior Features: Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen Gourmet, Kitchen - Island, Recessed Lighting

Cooling: Central A/C

Levels: 2

Cooling Fuel: Natural Gas

Maya Youssef 21


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Living Area Source: Estimated

Pets Allowed: Cats OK, Dogs OK

Structure Type: Interior Row/ Townhouse

Utilities: Under Ground

Lot Size Source: Estimated

Special Listing Conditions: Standard

Tax Lot: G67

Zoning: N/A

Senior Community Yn: false

Total Garage And Parking Spaces: 1

Lot Size Units: Square Feet # Of Attached Garage Spaces: 1

Sewer: Public Sewer

Water Source: Public

Tax Year: 2021

Remarks This community is nestled in the heart of Rockville within walking distance to the Metro. You can also enjoy Une dining and shopping at the Rio or Crown! Enjoy a relaxing evening at home nestled in your living room or cook your favorite dish in a spacious kitchen that allows you to talk with friends or loved ones at the cozy kitchen island. A dining area and guest powder room nicely complete the open main level. Head to the second level that delivers a large den which is perfect for a home oWce and a deck to enjoy the fresh air. Enjoy the convenience of a second bedroom and full bathroom, as well as an upstairs laundry room. Retreat into the large owner's suite that boasts two walk-in closets and a full bath. When you pull out of your attached one-car garage, you can quickly access I-270 or 495. This home has two bedrooms and a den that can function as a third bedroom. Please note that we have the following protocols in place at our sales oWce: No more than 2 parties (not to exceed 10 people) in a model home/sales center at one time. Masks are required, visitors should maintain a 6 ft distance, and all visitors will be asked to sanitize their hands before entering.

Maya Youssef 22


Comparative Market Analysis

16176 Connors Way $502,315 CLOSED

10/14/21

16191 Decker Place, Rockville, Maryland 20855 Rockville, MD 20855

2 Beds 2.0/1.0 Baths Year Built 2021

MLS #MDMC756158 1,524 Sq. Ft. ($330 / sqft) Days on market: 35

Maya Youssef 23


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

8087 Tribeca St $650,000 CLOSED

MLS #MDMC754454

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

7/8/21

1,888 Sq. Ft. ($344 / sqft) Days on market: 44

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 4/26/21

Orig list price: $679,900

Half baths: 1.0

Off-market date: 7/8/21

Assoc Fee: $170

County: MONTGOMERY

Acres: 0.02 Lot Size (sqft): 831

Updated: Dec 8, 2021 6:38 AM

Taxes: $7,545

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 1

List Price: $665,000

Above Grade Finished Area Source: Estimated

Association Name: THEOHARIS MANAGEMENT

Hot Water: Natural Gas

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Source: Assessor

Living Area Source: Estimated

Senior Community Yn: false

Accessibility Features: None

Below Grade Finished Area Units: Square Feet

Lot Size Source: Assessor

Structure Type: Interior Row/ Townhouse

Style: ["Traditional"]

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Features

Association Fee Frequency: Monthly Association Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash

Construction Materials: Other Cooling: Central A/C Cooling Fuel: Electric Entry Level: 1 Heating: Forced Air, Ceiling Heating Fuel: Natural Gas

Levels: 4

Lot Size Units: Square Feet

Special Listing Conditions: Standard Sewer: Public Sewer

# Of Attached Garage Spaces: 1

Tax Lot: 31

Pets Allowed: No Pet Restrictions

Total Garage And Parking Spaces: 1

Room Type: Living Room, Dining Room, Kitchen, Loft, OWce, Half Bath

Water Source: Public

Tax Year: 2021

Zoning: CRT1.

Maya Youssef 24


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Remarks Why wait for 2022 construction when you can move into this light-Ulled, luxury builder EYA townhome in the new Westside at Shady Grove community!! Home was built in 2017 with plenty of upgrades and still room to make it your own! 3 bedrooms, 3.5 bathrooms plus a bonus room that could be used for a home oWce, den, or playroom as well as a loft that opens up onto your private rooftop deck! Additional deck space off kitchen with gas line for grill! Just steps to the brand new community center with gym, game room, playground and beautiful pool. Walking distance to Red Line Metro, Starbucks, soon to-be-built CVS and more! Home comes equipped with SimplySafe Security System (just needs to be activated), wall safe, and keyless entry. One car garage with rear entry and storage shelving. This home is ready for you!

Maya Youssef 25


Comparative Market Analysis

8087 Tribeca St $650,000 CLOSED

7/8/21

16191 Decker Place, Rockville, Maryland 20855

MLS #MDMC754454

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

1,888 Sq. Ft. ($344 / sqft) Days on market: 44

Maya Youssef 26


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16305 Columbus Ave

Rockville, MD 20855

$665,000 CLOSED

3 Beds 3.0/1.0 Baths Year Built 2016

5/18/21

MLS #MDMC751706 1,513 Sq. Ft. ($440 / sqft) Days on market: 16

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.02

Updated: Oct 2, 2021 8:02 AM

County: MONTGOMERY

Lot Size (sqft): 800

List Price: $670,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 2

Orig list price: $670,000

High: GAITHERSBURG

Assoc Fee: $170

Middle: FOREST OAK

Style: ["Transitional", "Traditional"]

List date: 4/7/21 Off-market date: 5/18/21

Taxes: $7,504

Elementary: WASHINGTON GROVE

Above Grade Finished Area Source: Assessor

Association Name: THEOHARIS MANAGEMENT

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Source: Assessor

Cooling: Programmable Thermostat, Central A/C, Zoned

Accessibility Features: Other

Below Grade Finished Area Units: Square Feet

Exclusions: Dining Room chandelier

Builder Name: EYA

Heating: Ceiling, Programmable Thermostat, Zoned

Interior Features: Breakfast Area, Dining Area, Family Room Off Kitchen, Kitchen Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors

Full baths: 3.0

Features

Appliances: Built-In Range, Dishwasher, Disposal, Energy EWcient Appliances Association Fee Frequency: Monthly

Construction Materials: Brick

Cooling Fuel: Electric

Levels: 4

Heating Fuel: Natural Gas

Living Area Source: Assessor

Hot Water: Natural Gas

Lot Size Source: Assessor

Maya Youssef 27


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Lot Size Units: Square Feet

Senior Community Yn: false

Tax Year: 2020

# Of Attached Garage Spaces: 2

Sewer: Public Sewer

Total Garage And Parking Spaces: 2

Property Condition: Excellent Special Listing Conditions: Standard

Structure Type: Twin/SemiDetached Tax Lot: 2

Zoning: CRT1.

Virtual Tour: View Water Source: Public

Remarks Don't miss this move-in ready, sun-Ulled EYA with premium upgrades throughout, and beautiful views of the NEW community pool and club house. Upgrades include: deck off kitchen, hardwood Voors on all levels, top-of-the-line appliances, upgraded countertops, decorative brick wall, closets with built-ins, window treatments throughout, and the best view in the community! This gorgeous 3 bedroom, 3.5 bath Bancroft model home offers the desirable open Voor plan that everyone is looking for. No sign on property. BY APPT.

Maya Youssef 28


Comparative Market Analysis

16305 Columbus Ave $665,000 CLOSED

5/18/21

16191 Decker Place, Rockville, Maryland 20855 Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2016

MLS #MDMC751706 1,513 Sq. Ft. ($440 / sqft) Days on market: 16

Maya Youssef 29


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

16215 Decker Pl $660,000 CLOSED

MLS #MDMC731696

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

4/28/21

1,829 Sq. Ft. ($361 / sqft) Days on market: 157

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 10/23/20

Orig list price: $699,900

Half baths: 1.0

Off-market date: 4/28/21

Assoc Fee: $170

County: MONTGOMERY

Acres: 0.02 Lot Size (sqft): 816

Updated: Nov 15, 2021 11:45 AM

Taxes: $7,272

Subdivision: WESTSIDE AT SHADY GROVE METRO

Garages: 1

List Price: $660,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy EWcient Appliances, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Washer - Front Loading, Central Vacuum

Below Grade Finished Area Source: Assessor

Exterior Features: Sidewalks, Street Lights

Below Grade Finished Area Units: Square Feet

Foundation Details: Slab

Builder Model: Bancroft

Heating Fuel: Natural Gas

Builder Name: EYA

Hot Water: Natural Gas

Style: ["Colonial"]

Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None

Association Fee Frequency: Monthly

Heating: Forced Air

Construction Materials: Other Cooling: Central A/C, Ceiling Fan(s) Cooling Fuel: Electric Direction Faces: Southwest

Maya Youssef 30


Comparative Market Analysis

Interior Features: Breakfast Area, Built-Ins, Carpet, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Sprinkler System, Primary Bedroom - Bay Front, Stall Shower, Tub Shower, Walk-in Closet(s), Window Treatments, Wood Floors, Central Vacuum Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit

16191 Decker Place, Rockville, Maryland 20855

Levels: 4 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet # Of Attached Garage Spaces: 1 Patio And Porch Features: Terrace, Brick Pets Allowed: No Pet Restrictions

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Study, Loft, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath

Sewer: Public Sewer

Special Listing Conditions: Standard

Virtual Tour: View

Security Features: Exterior Cameras, Smoke Detector, Sprinkler System - Indoor

Zoning: CRT1.

Structure Type: Interior Row/ Townhouse Tax Year: 2021 Total Garage And Parking Spaces: 1 Water Source: Public

Senior Community Yn: false

Remarks Motivated Seller. Deluxe custom features & upgrades throughout this stylish EYA Bancroft home, from keyless entry at the front door, contemporary stair railings, through additional recessed lighting in the high ceilings, through the Unished garage walls, to the rooftop terrace with built-in speakers for memorable entertaining! The gourmet kitchen features too many upgrades to list, including high-end quartz countertops, deluxe cabinets with added underlights and overlights, and ceiling speakers. The owner's suite offers a high-end custom closet system in the walk-in closet, optional box bay window bump-out, and relaxing spa bathroom with upgrades galore. Double frosted glass doors enclose the study, a perfect place to work from home! The loft has a family area, legal bedroom which could also be an oWce or a second study, and upgraded full bath. Sliders open on the sensational rooftop terrace. Whether working, relaxing, or entertaining, your life is enhanced by the Internet booster package and the speaker package serving the kitchen, living room, loft and rooftop terrace. Central vac with extra hoses too! Click on movie reel icon for unique interactive virtual tour and Voor plans. Prime location on quiet neighborhood street. Community: Westside at Shady Grove offers a great combination of urban sophistication and suburban convenience. Dog parks, a variety of parks and green spaces, and a community garden are just some of the unexpected features. Upscale club house with Utness center and pool soon to be completed! Excellent location, walking distance to Shady Grove Metro, Starbucks, Inspire Nail Salon, Westside Beer & Wine, dry cleaners, future CVS, upscale shopping and dining, and convenient to I-270 and the Intercounty Connector.

Maya Youssef 31


Comparative Market Analysis

16215 Decker Pl $660,000 CLOSED

4/28/21

16191 Decker Place, Rockville, Maryland 20855

MLS #MDMC731696

Rockville, MD 20855

3 Beds 3.0/1.0 Baths Year Built 2017

1,829 Sq. Ft. ($361 / sqft) Days on market: 157

Maya Youssef 32


Analysis

Maya Youssef


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Comparable Property Statistics S

9 Sold Listings LOWEST

$444,695

AVERAGE

$581,743

HIGH

$665,000

AVG PRICE / SQFT

AVG DOM

$347

56

Maya Youssef 34


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Sold Property Analysis Averages

99.5%

Homes sold for an average of 99.5% of their list price.

56

Days on market

It took an average of 56 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

8162 Varick Pl

$444,695

$444,695

100.00%

38

$294

16223 Decker Pl

$670,000

$659,000

98.36%

50

$360

8170 Varick Pl

$444,695

$444,695

100.00%

39

$294

16136 Columbus Ave

$621,840

$599,990

96.49%

49

$344

16199 Columbus Ave

$665,000

$610,000

91.73%

81

$359

16176 Connors Way

$509,990

$502,315

98.50%

35

$330

8087 Tribeca St

$679,900

$650,000

95.60%

44

$344

16305 Columbus Ave

$670,000

$665,000

99.25%

16

$440

16215 Decker Pl

$699,900

$660,000

94.30%

157

$361

$600,668

$581,743

96.85%

56

$347

Averages

Maya Youssef 35


Closing

Maya Youssef


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 Drst 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 Vyer. 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.

Maya Youssef 37


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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' 2021 ProUle of Home Buyers and Sellers, only 7% of homes sales were accomplished as for sale by owners (FSBO), and of those, 57% knew their buyer personally. FSBO home sales had a median price of $260,000 in 2021, compared to the agent assisted home sale median price of $318,000. 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 oWcials. • 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.

Maya Youssef 38


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 Urst 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.

Maya Youssef 39


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Intelligent Pricing and Timing

Your best chance of selling your home is in the Urst 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 Vurry of attention and interest in the Urst 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.

Maya Youssef 40


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Curb Appeal, A First Impression That Lasts Most buyers form their Urst 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 Urst 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 Urst impression. Here's a simple cleanup and spruce up checklist to make sure your home leaves a stellar Urst 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 Vower beds and replace leggy, thin landscaping with fresh plants and Vowers. • 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 Uxtures -and if possible, pick new Uxtures with the same mounting system to save time and hassle. • Install new house numbers that match the Unish of your light Uxtures. • Consider upgrading your mailbox; it's an inexpensive Ux and the Urst thing that buyers will see when they pull up to your home. • Install Vowerboxes or pots of blooming Vowers for a pop of color. • Hang a seasonal wreath from your front door.

Maya Youssef 41


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 diWcult 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 ProUle 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.

Maya Youssef 42


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 beneUts for your donations than pennies on the dollar at a garage sale. It's faster, more eWcient 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 Unancial 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 Voor. 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.

Maya Youssef 43


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Moving Checklist Moving to a new home can be an exciting but stressful journey. By Dnding the right movers and having a good, though Eexible, 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 Und 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, Ule 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.

Maya Youssef 44


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

• 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 Voor bath, etc. Consider using different colored stickers/tape for each room. • Provide your movers with copies of the Voorplan of your new home, so they can move more eWciently 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 Vammable liquids, cleaning Vuids, 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.

Maya Youssef 45


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 • IndemniUcation • 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.

Maya Youssef 46


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

Notes

Maya Youssef 47


Comparative Market Analysis

16191 Decker Place, Rockville, Maryland 20855

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 Dnishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Unished with hardwood Voors 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 Vowers 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.

Maya Youssef 48


Turn static files into dynamic content formats.

Create a flipbook
LP - MAKI by AlexGroupRE - Issuu