8955 Braden Road - Market Analysis

Page 1

September 9, 2023 8955 Braden Road, Hasslet, MI 48840 The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

Listing Detail

SQFT Details Above Fin. 4,340 | Total

SQFT 4,340

Lot Dimensions 429x2645

Property Type Single-Family

Features

Floors 2

Garage 3 Attached

Main Main floor master & laundry

Kitchen Eat-in Kitchen; Kitchen Island; Pantry

Remarks

8955 Braden Road, Hasslet, MI 48840

Year Built 1981

County Shiawassee

Tax Amount $7,618

Tax Year 2022

Parcel # 78-013-34-100-005

School District Perry

Building Style Contemporary

Basement Block; Crawl Space; Partial; Sump Pump

Roof Shingle

Heat/AC Forced Air

Fuel Geothermal; Radiant Floor; Wood Stove

Fireplace Total: 1; Living Room; Wood Burning Stove

Waterfront Privat Pond

Exterior Wood Siding

Bathroom Details Full Bath 3, Half Bath 1

Welcome to your private equestrian luxury estate at 8955 Braden Road in the charming town of Haslett, Michigan! This breathtaking 4-bedroom, 3.5-bath home sits on 26 picturesque acres of mature trees and landscaping. Including three pastures, two large ponds, a horse barn, an indoor and outdoor arena. The land is complete with private walking and riding trails for your enjoyment. This home boasts impeccable craftsmanship and elegance throughout, creating the perfect blend of chic comforts. Prepare to fall in love with this dream property! Inside, you'll find a beautifully renovated home with several standout features. Horse enthusiasts will appreciate the 70'x200' indoor riding arena with 5 surrounding Dutch doors, allowing you to ride year-round while inviting the outdoors in. Attached barn is perfect for storing equipment such as tractors and zero-turn mowers. This barn currently has four stalls, which can convert into two large stalls for foaling or larger breeds (potential to accommodate 4-6 additional stalls, if desired). The property features three pastures with Ram fencing and automatic waterers, complete with insulated covers for the coldest winter days. All pastures have lean-to sheds for inclement weather. There is also a secluded outdoor arena beyond the pastures.

*SQFT = Total Combined Square Feet

Property
Summary
Beds Bath SQFT* Lot Size 4 44,34026.05 Acres ★
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Status Comparisons Bed Bath SqFt* Lot Acres List Price $/SqFt $/Lot Acre Sale Price % List $ ★ Subject Property 4 4 4,340 26.05 - $0.00 -Sold Properties Bed Bath SqFt* Lot Acres List Price $/SqFt $/Lot Acre Sale Price % List $ 1. 3882 Meadow Lane Lodi, MI 48176 5 6 6,121 37 $2,750,000 $413 $68,2… $2,525,000 92% 2. 4140 Miller Rd Ann Arbor, MI 48103 5 5 5,915 33.91 $2,600,000 $406 $70,7… $2,400,000 92% 3. 6400 Pine Hollow Drive East Lansing, MI 48823 4 6 10,993 1.4 $1,998,500 $168 $1,32 $1,850,000 93% 4. 6312 145th Avenue Holland, MI 49423 6 6 5,966 28.22 $1,750,000 $302 $63,7 $1,800,000 103% 5. 9285 Guinea Road Grand Ledge, MI 48837 4 5 7,203 38.5 $1,995,000 $236 $44,1 $1,700,000 85% 6. 3689 Van Atta Road Okemos, MI 48864 3 5 4,738 21.34 $1,350,000 $285 $63,2 $1,350,000 100% *SQFT = Total Combined Square Feet Provided by Your Brokerage. All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Listing Location Map Address Price Beds Baths Days SQFT* $/SQFT ★ 8955 Braden Road Hasslet, MI 48840 4 4 – 4,3401. 3882 Meadow Lane Lodi, MI 48176 $2,525,0005 6 35 6,121$413 2. 4140 Miller Rd Ann Arbor, MI 48103 $2,400,0005 5 871 5,915$406 3. 6400 Pine Hollow Drive East Lansing, MI 48823 $1,850,0004 6 735 10,993$168 4. 6312 145th Avenue Holland, MI 49423 $1,800,0006 6 5 5,966$302 5. 9285 Guinea Road Grand Ledge, MI 48837 $1,700,0004 5 81 7,203$236 6. 3689 Van Atta Road Okemos, MI 48864 $1,350,0003 5 1 4,738$285
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
*SQFT
= Total Combined Square Feet
1 $2.5M 2 $2.4M 3 $1.9M 4 $1.8M 5 $1.7M 6 $1.4M Listing Location Map Sold Properties All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Side by Side Comparisons 8955 Braden Road Hasslet, MI 48840 3882 Meadow Lane Lodi, MI 48176 4140 Miller Rd Ann Arbor, MI 48103 6400 Pine Hollow Drive East Lansing, MI 48823 6312 145th Avenue Holland, MI 49423 9285 Guinea Road Grand Ledge, MI 48837 Status - Sold Sold Sold Sold Sold MLS # - 2210018369543278149246057 22001824 270755 Property Type Single-FamilySingle-FamilySingle-FamilySingle-FamilyResidentialSingle-Family Bedrooms 4 5 5 4 6 4 Bathrooms 4.00 6.00 5.00 6.00 6.00 5.00 Bathroom Details -Full Bath 3 - 1/2 Bath 1 -Full Bath 4 -1/2 Bath 2 -Full Bath 3 -1/2 Bath 2 -Full Bath 4 -1/2 Bath 2 -Full Bath 5 -1/2 Bath 1 -Full Bath 4 -1/2 Bath 1 Sqft* 4,340 6,121 5,915 10,993 5,966 7,203 SQFT Details A.Fin. 4,340 Total 4,340 A. Fin. 7,803 B.Fin. 3,190 Total 10,993 A. Fin. 5,501 B.Fin. 1,702 Total 7,203 Living Area - - - - 5,966Lot Acres 26.05 Acres37 Acres 33.91 Acres1.4 Acres 28.22 Acres38.5 Acres Year Built 1981 1959 1984 2020 2004 2016 Days on Market - 35 871 735 5 81 List Price - $2,750,000$2,600,000$1,998,500$1,750,000$1,995,000 Sold Date - 04/23/202105/25/202306/22/202202/04/202205/24/2023 Pre-Adjusted Price - $2,525,000$2,400,000$1,850,000$1,800,000$1,700,000 Sold Price - $2,525,000$2,400,000$1,850,000$1,800,000$1,700,000 % Of List Price - 92% 92% 93% 103% 85% $/SqFt - $413 $406 $168 $302 $236 $/Lot Acre $0.00 $68,243 $70,776 $1,321,429$63,785 $44,156 Tax Amount $7,618 $25,003 $5,039 $36,478 - $13,304 Tax Year 2022 2021 2023 2020 - 2020 Building Style ContemporaryTraditionalTraditionalContemporary- Ranch Fireplace Total: 1; Living Room; Wood Burning Stove Total:1; Gas Log; Primary Bedroom Total: 2; Great Room; Master; Gas Log Total: 4; MasonryGas Log Total:1; Great Room; Wood Burning Kitchen Eat-in Kitchen; Kitchen Island; Pantry Eat-in Kitchen; Kitchen Island Eat-in Kitchen; Kitchen Island Eat-in Kitchen; Kitchen IslandEat-in Kitchen; Kitchen Island; Pantry Basement Block; Crawl Space; Partial; Sump Pump Crawl Space Crawl Space; Walk Out Finished; Full; WalkOut Access Daylight Egress Windows; Finished; Full; Sump Pump Garage 3 Attached3; Attached2; Attached4 AttachedAttached Garage2 Attached Floors 2 2 2 2 - 1 Heat/AC Forced Air Central Air; Forced Air Central Air;Forced Air; Central Air; Exhaust Fan -Forced Air ★ All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Side by Side Comparisons 8955 Braden Road Hasslet, MI 48840 3882 Meadow Lane Lodi, MI 48176 4140 Miller Rd Ann Arbor, MI 48103 6400 Pine Hollow Drive East Lansing, MI 48823 6312 145th Avenue Holland, MI 49423 9285 Guinea Road Grand Ledge, MI 48837 Fuel Geothermal; Radiant Floor; Wood Stove Natural GasNatural GasNatural Gas- Natural Gas Exterior Wood SidingBrick; Wood SidingBrick Brick; StuccoStone, Stucco Aluminum Siding; Brick Roof Shingle Asphalt - Shingle - Shingle Pool - - No Yes; Inground- Yes; Inground Waterfront Privat PondNo No No Public Access 1 Mile or Less No County ShiawasseeWashtenawWashtenawIngham Allegan CountyEaton School District Perry Saline Ann Arbor East Lansing- Grand Ledge *SQFT = Total Combined Square Feet ★ All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Side by Side Comparisons 8955 Braden Road Hasslet, MI 48840 3689 Van Atta Road Okemos, MI 48864 Status - Sold MLS # - 257073 Property Type Single-Family Select Property Type Bedrooms 4 3 Bathrooms 4.00 5.00 Bathroom Details -Full Bath 3 - 1/2 Bath 1 -Full Bath 4 -1/2 Bath 1 Sqft* 4,340 4,738 SQFT Details A.Fin. 4,340 Total 4,340 A. Fin. 3,081 B.Fin. 1,657 Total 4,738 Living Area -Lot Acres 26.05 Acres21.34 Acres Year Built 1981 2013 Days on Market - 1 List Price - $1,350,000 Sold Date - 06/16/2021 Pre-Adjusted Price - $1,350,000 Sold Price - $1,350,000 % Of List Price - 100% $/SqFt - $285 $/Lot Acre $0.00 $63,261 Tax Amount $7,618 $28,412 Tax Year 2022 2020 Building Style ContemporaryRanch Fireplace Total: 1; Living Room; Wood Burning Stove Total: 1; Living Room; Wood Burning Kitchen Eat-in Kitchen; Kitchen Island; Pantry Eat-in Kitchen; Kitchen Island Basement Block; Crawl Space; Partial; Sump Pump Egress Windows; Finished; Partial; Walk-Out Access Garage 3 Attached2 Attached Floors 2 1 Heat/AC Forced Air Central Air ★ All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Side by Side Comparisons 8955 Braden Road Hasslet, MI 48840 3689 Van Atta Road Okemos, MI 48864 Fuel Geothermal; Radiant Floor; Wood Stove Hot Water; Oil; Exterior Wood SidingStone Roof Shingle Shingle Pool -Waterfront Privat PondCounty ShiawasseeIngham School District Perry Okemos *SQFT = Total Combined Square Feet ★ All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Listing Averages Sold Properties Home Averages (6 properties) Beds 4.5 Baths 5.50 SqFt* 6,823 $/SqFt $302 Lot Acres 26.73 Acres $/Lot Acre $271,942 Days 288 Avg $1,937,500 Med $1,825,000 Min $1,350,000 Max $2,525,000 *SQFT = Total Combined Square Feet Property Pricing All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$2,525,000

List Price: $2,750,000

Days: 35

Sold Date: 04/23/2021

Original Sold Price: $2,525,000

% of List Price: 92%

$/SQFT: $413

Comparable #1

3882 Meadow Lane, Lodi, MI 48176

Listing Detail

Property Type: Single-Family

Building Style: Traditional

Lot Dimensions: Irregular

Year Built: 1959

County: Washtenaw

Features

Kitchen: Eat-in Kitchen; Kitchen Island

Main: Main floor master & laundry

Basement: Crawl Space

Garage: 3; Attached

Fireplace: Total:1; Gas Log; Primary Bedroom

Tax Amount: $25,003

Tax Year: 2021

MLS #: 2210018369

School District: Saline

*SQFT = Total Combined Square Feet

Heat: Central Air; Forced Air

Remarks

Fuel: Natural Gas

Floors: 2

Waterfront: No

Roof: Asphalt

Exterior: Brick; Wood Siding

Bathroom Details: Full Bath 4, Half Bath 2

Once in a lifetime opportunity to own a wonderful country estate just minutes from downtown Ann Arbor. Drive through the gated entry & relax in this expansive 37 acre park-like tree-lined setting. The exquisite custom-built main home was re-built/re-designed in 2001 to create captivating views from any area of the home, including numerous outdoor patio areas. Key features include a 1600sf 3BR ranch overlooking a large spring fed pond, a 4000sf pole barn and a 10,000 sf former horse farm with 14 stalls, riding arena & 20 acres of pasture. The main home features 2 master suites (incl. a 1st floor master) providing flexibility for large family &/or multi-generational living. The centerpiece is a stunning Great Room w/cathedral ceiling, fireplace & floor to ceiling windows. Endless opportunities include refreshing the horse farm for yourself or as a separate business entity.

Beds 5 Bath 6 SQFT* 6,121 Lot Size 37 Acres
Listing Overview
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$2,400,000

List Price: $2,600,000

Days: 871

Sold Date: 05/25/2023

Original Sold Price: $2,400,000

% of List Price: 92%

$/SQFT: $406

Comparable #2

4140 Miller Rd, Ann Arbor, MI 48103

Listing Detail

Property Type: Single-Family

Building Style: Traditional

Lot Dimensions: undefined

Year Built: 1984

County: Washtenaw

Features

Kitchen: Eat-in Kitchen; Kitchen Island

Main: Main floor master

Basement: Crawl Space; Walk Out

Garage: 2; Attached

Fireplace: Total: 2; Great Room; Master; Gas Log

Tax Amount: $5,039

Tax Year: 2023

MLS #: 543278149

School District: Ann Arbor

*SQFT = Total Combined Square Feet

Heat: Central Air;Forced Air;

Remarks

Fuel: Natural Gas

Floors: 2

Waterfront: No

Exterior: Brick

Pool: No

Bathroom Details: Full Bath 3, Half

Bath 2

Imagine your own private, wooded sanctuary right in Ann Arbor! Over 33 lush and wooded acres are surrounded by plants, and wildlife. This stately, 5,915 Total livable sq. ft., 5 bedroom home includes a first floor nanny or in-law suite, a bright and sunny Chef's Kitchen that opens into a formal dining room. Continue on into the living room separating the great room with a double sided fireplace. A handsome den with additional fireplace rounds out the first fl. The cheery staircase leads you up to a foyer and sitting room which takes you to a spacious Master Suite featuring a fireplace, sitting area, ensuite and walk-in cedar closet as well as 3 more bedrooms and 2.5 baths. The finished walk out lower level includes, updated laundry room, wine cellar and plenty of room for a home theatre, office, etc. On the property, you will find a barn with six horse stalls, a corral and a pasture for horse jumps, as well as a pond with over 300 imported Koi fish.

Beds 5 Bath 5 SQFT* 5,915 Lot Size 33.91 Acres
Listing Overview
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$1,850,000

List Price: $1,998,500

Days: 735

Sold Date: 06/22/2022

Original Sold Price: $1,850,000

% of List Price: 93%

$/SQFT: $168

Comparable #3 6400 Pine Hollow Drive, East Lansing, MI 48823

Listing Detail

Property Type: Single-Family

Building Style: Contemporary

Lot Dimensions: 115.84X295

Year Built: 2020

County: Ingham

Features

Kitchen: Eat-in Kitchen; Kitchen Island

Main: Main floor master & laundry

Basement: Finished; Full; Walk-Out

Access

Garage: 4 Attached

Tax Amount: $36,478

Tax Year: 2020

SQFT Details: Above Fin. 7,803 Below Fin. 3,190 Total SQFT 10,993

MLS #: 246057

School District: East Lansing

*SQFT = Total Combined Square Feet

Fireplace: Total: 4; Masonry

Heat: Central Air; Exhaust Fan

Remarks

Fuel: Natural Gas

Floors: 2

Waterfront: No

Roof: Shingle

Exterior: Brick; Stucco

Pool: Yes; Inground

Bathroom Details: Full Bath 4, Half Bath 2

Architectural Digest calling! We present a unique town to country offering, in prestigious White Hills Woods. This 10,000 + square foot custom designed and built brick home is nestled on a hilltop. Bringing the outdoors in was the primary goal in the design of this residence, which is situated on a remarkable 1.4+ private parcel with scenic lake views in every direction. This home possesses exceptional curb appeal. The exterior design includes striking angles with modern-themed front doors, which welcome you to high-end finishes and an open, expansive feeling throughout. The interior begins with a large foyer -- where guests can be comfortably received. A 3-story glass enhanced staircase completes the entry area.

Beds 4 Bath 6 SQFT* 10,993 Lot Size 1.4 Acres
Listing Overview
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$1,800,000

List Price: $1,750,000

Days: 5

Sold Date: 02/04/2022

Original Sold Price: $1,800,000

% of List Price: 103%

$/SQFT: $302

Listing Courtesy of: MichRic *SQFT

Comparable #4 6312 145th Avenue, Holland, MI 49423

Listing Detail

Property Type: Residential

Year Built: 2004

County: Allegan County

Features

Basement: Daylight

Garage: Attached Garage

Fireplace: Gas Log

Waterfront: Public Access 1 Mile or Less

Remarks

SQFT Details:

MLS #: 22001824

MLS Area: HOLLAND/SAUGATUCKH

Exterior: Stone, Stucco

Bathroom Details: Full Bath 5, Half Bath 1

Senior Community: No

This unique 6,000 SqFt hacienda-inspired estate sits on 28 beautiful acres with a spring fed pond, stream, pastures, apple trees & gardens. Enjoy this estate as your own retreat or utilize as an equestrian property with the many fenced pastures and trails. The 6,000 SqFt pole barn is complete with stables and an indoor riding arena. Custom built in 2004 by Tony Zahn and the addition of a guest house is possible. Situated to enjoy both sunrise and sunset views with a sunroom and covered porch outdoor living area. Recently refinished floors and sealed counters with newly converted gas fireplace in living room & study. Main level living with a great library, 2 en suites, and gourmet kitchen with a large center island. Lower level features a great recreation room, gym, 2 bedrooms and 2 baths.

Beds 6 Bath 6 SQFT* 5,966 Lot Size 28.22 Acres
Listing Overview
= Total Combined Square Feet
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$1,700,000

List Price: $1,995,000

Days: 81

Sold Date: 05/24/2023

Original Sold Price: $1,700,000

% of List Price: 85%

$/SQFT: $236

Comparable #5

9285 Guinea Road, Grand Ledge, MI 48837

Listing Detail

Property Type: Single-Family

Building Style: Ranch

Lot Dimensions: 1320X1336

Year Built: 2016

County: Eaton

Features

Kitchen: Eat-in Kitchen; Kitchen Island; Pantry

Main: Main floor master & laundry

Basement: Egress Windows; Finished; Full; Sump Pump

Garage: 2 Attached

Tax Amount: $13,304

Tax Year: 2020

SQFT Details: Above Fin. 5,501 Below Fin. 1,702 Total SQFT 7,203

MLS #: 270755

School District: Grand Ledge

*SQFT = Total Combined Square Feet

Fireplace: Total:1; Great Room; Wood Burning

Heat: Forced Air

Remarks

Fuel: Natural Gas

Floors: 1

Waterfront: No

Roof: Shingle

Exterior: Aluminum Siding; Brick

Pool: Yes; Inground

Bathroom Details: Full Bath 4, Half Bath 1

This Breathtaking custom built home sits on 38.5 acres of land in the Grand Ledge School district. Built in 2016, by the reputable Key Builders Inc. Prepare to fall head over heels as you walk into the grand entrance and foyer. The great room with beautiful cathedral ceilings and Napoleon wood burning fireplace is nothing short of breath taking! The natural light radiates throughout the open floor plan featuring Plantation shutters and Hunter Douglas blinds. Imagine cooking in this gourmet kitchen with a huge granite island, industrial subzero fridge, and butler pantry for all your storage needs! The dining room offers stunning views of the property. Amazing first floor laundry. This luxurious estate offers two primary suites on both levels. The lower level has all your needs for a mother-in-law suite including your own personal dining and living room, two spacious bedrooms and two full bathrooms. The 20 x 50 saltwater pool and pool house is the place to be to enjoy our Amazing Michigan Summers! 19 acres of the fully irrigated 38.5 is leased for farming. Great hunting grounds and a beautiful garden in the Spring with perennials

Beds 4 Bath 5 SQFT* 7,203 Lot Size 38.5 Acres
Listing
Overview
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

SOLD

$1,350,000

List Price: $1,350,000

Days: 1

Sold Date: 06/16/2021

Original Sold Price: $1,350,000

% of List Price: 100%

$/SQFT: $285

Comparable #6

3689 Van Atta Road, Okemos, MI 48864

Listing Detail

Property Type: Select Property Type

Building Style: Ranch

Lot Dimensions: undefined

Year Built: 2013

County: Ingham

Features

Kitchen: Eat-in Kitchen; Kitchen Island

Main: Main floor master & laundry

Basement: Egress Windows; Finished; Partial; Walk-Out Access

Garage: 2 Attached

Tax Amount: $28,412

Tax Year: 2020

SQFT Details: Above Fin. 3,081 Below Fin. 1,657 Total SQFT 4,738

MLS #: 257073

School District: Okemos

*SQFT = Total Combined Square Feet

Fireplace: Total: 1; Living Room; Wood Burning

Remarks

Sold before broadcasted on the MLS.

Heat: Central Air

Fuel: Hot Water; Oil;

Floors: 1

Roof: Shingle

Exterior: Stone

Bathroom Details: Full Bath 4, Half Bath 1

Beds 3 Bath 5 SQFT* 4,738 Lot Size 21.34 Acres
Listing Overview
All information provided is deemed reliable but is not guaranteed and should be independently verified. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com
Pricing Analysis ★ 8955 Braden Road, Hasslet, MI 48840 Approximate Market Value $2,150,000 Notwithstanding any language to the contrary contained herein, this Competitive Market Analysis is NOT an appraisal of the market value for property and is not intended to be used for any legal purpose including approval of a mortgage loan, modification of a mortgage loan, divorce/property separation, estate settlement, bankruptcy proceedings or any other purpose where real estate value is needed. If an appraisal is desired, the services of a licensed or certified appraiser must be obtained. Andrea Crossman Group | (616) 403-6106 | tom@andreacrossman.com

MARKET EVALUATION

The best price obtainable for your home will ultimately be determined by the dynamics of the market including factors such as:

1. Location

2. Buyer Demand

3. Financing

If the asking price of a property increases beyond fair market value, the pool of potential buyers decreases the number of showings and the percentage of qualified buyers viewing your home.

PERCENTAGE OF THE MARKET THE PROPERTY APPEALS TO

PRICING STRATEGY
80% 60% 40% 20%
15% Over 10% Over Market Value Market Value Fair Market Value 10% Under Market Value

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