8841 Ithaca Way CMA

at Keller Williams Integrity

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Song AUGUST 13, 2022

Scott Brasfield The Bartic Group at Keller Williams Integrity

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Contact Me

Scott Brasfield The Bartic Group at Keller Williams Integrity 50 S. Steele St. Denver CO 80209 720-520-3113 scott@thebarticgroup.com

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

3

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

The Bartic Group at Keller Williams Integrity

The Bartic Group is a full service real estate agency in Denver specializing in assisting investors, individuals, and families achieve their real estate goals. Led by industry veteran Brendan Bartic, our team has fostered a culture of partnership and redefined the business of real estate. Our organization of Colorado Realtors share knowledge, spheres of influence, contacts and expertise, ensuring our clients receive better representation and a true competitive edge. As a continuous trend setter in the industry, our Denver real estate agency is ranked in the top 1% of all Keller Williams Teams Internationally.

Our team of partners represent buyers, sellers, and investors in all areas of real estate.

When selling your home in Colorado, we will work to get you top dollar with minimum time on the market. Our Colorado Realtors have a proven track record of presenting our clients with offers over their asking price in a matter of days! When working with buyers we use our experience and industry relationships to get you the best value possible for your dream home. Our real estate agency in Denver is a team, and we recognize and value the trust our clients place in us and strive every day to exceed their expectations.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

4

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

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.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

5

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

P = PENDING

A = ACTIVE

BEDS

BATHS

SQFT

PRICE

8841 Ithaca Way

3

2.00

920

-

1

Subject

2

2732398

S

9166 Lasalle Place

3

2.00

925

$492,600

3

9761338

S

9211 Knox Court

3

2.00

1,160

$460,000

4

5754402

S

8740 Norwich Street

3

2.00

1,204

$380,000

5

IR968731

S

9126 Hunter Street

3

2.00

1,212

$465,000

6

9623108

S

9056 Fontaine Street

3

2.00

1,080

$350,000

7

4760608

P

3520 Mowry Place

3

2.00

925

$449,900

8

IR971076

P

8531 Concord Lane

3

2.00

858

$464,900

9

7122934

P

3385 W 93rd Avenue

3

2.00

1,244

$450,000

10

8133942

A

8855 Lander Street

3

2.00

920

$471,000

11

6462151

A

3395 W 94th Avenue

3

2.00

1,131

$520,000

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

6

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9166 Lasalle Place

7/29/22

3

2.00

925

$492,600

$533

9211 Knox Court

8/12/22

3

2.00

1,160

$460,000

$397

8740 Norwich Street

7/26/22

3

2.00

1,204

$380,000

$316

9126 Hunter Street

7/13/22

3

2.00

1,212

$465,000

$384

9056 Fontaine Street

6/10/22

3

2.00

1,080

$350,000

$324

1,116

$429,520

$390

Averages

P

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3520 Mowry Place

-

3

2.00

925

$449,900

$486

8531 Concord Lane

-

3

2.00

858

$464,900

$542

3385 W 93rd Avenue

-

3

2.00

1,244

$450,000

$362

1,009

$454,933

$463

Averages

A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

8855 Lander Street

-

3

2.00

920

$471,000

$512

3395 W 94th Avenue

-

3

2.00

1,131

$520,000

$460

1,025

$495,500

$486

Averages

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

7

Listings

Scott Brasfield The Bartic Group at Keller Williams Integrity

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

9166 Lasalle Place

Westminster, CO 80031

$492,600 CLOSED

3 Beds 2.00 Baths Year Built 1971

7/29/22

MLS #2732398 925 Sq. Ft. ($533 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,200 Garages: 2

Updated: Aug 1, 2022 3:16 AM

School District: Westminster Public Schools

County: Adams

List date: 6/24/22

List Price: $460,000

High: Westminster

Subdivision: Shaw Heights

Sold date: 7/29/22

Orig list price: $460,000

Middle: Shaw Heights

Style: Traditional

Off-market date: 6/27/22

Taxes: $1,794

Elementary: Mesa

Common Walls: No Common Walls

Exterior Features: Private Yard, Rain Gutters

Living Area Total: 1800

Concessions: No

Fencing: Full

Lot Features: Sprinklers In Front, Sprinklers In Rear

Construction Materials: Brick, Frame

Flooring: Carpet, Tile, Wood

Main Level Bathrooms: 1

Heating: Forced Air, Natural Gas

Main Level Bedrooms: 2

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Smoke Free

Parking Total: 2

Levels: One

Road Frontage Type: Public Road

Full baths: 2.0

Features Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Washer Association Yn: false Basement: Cellar, Finished, Full Below Grade Unfinished Area: 50.0 Building Area Source: Public Records

Cooling: Evaporative Cooling Direction Faces: West Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Electric: 110V, 220 Volts

Listing Terms: Cash, Conventional, FHA, VA Loan

Parking Features: Concrete Patio And Porch: Covered, Patio

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

9

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Road Responsibility: Public Maintained Road

Senior Community Yn: false

Tax Year: 2021

Sewer: Public Sewer

Road Surface Type: Paved

Structure Type: House

Roof: Composition

Tax Legal Description: SUB:SHAW HEIGHTS MESA 7TH FILING BLK:5 LOT:24

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

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

Zoning: R-1-C

Virtual Tour: View Water Source: Public

Remarks Lovely, move in ready ranch home. This well maintained home features a spacious living room that opens to the kitchen and dining area. There's also lots of natural light from the updated windows on the main level. The bright kitchen has ample countertop and cabinets space, a good sized dining area and tile floor. The main floor bath was remodeled adding a deep tub and tile floors. There's plush carpeting in the living room and beautiful oak hardwood floors in both bedrooms.

The fully finished basement features a huge family room with recessed lighting, a home office/flex space area, a full bath with tile floor, and an additional bedroom (non-conforming). You can relax and enjoy summer evenings and BBQ's from the 12' x 35' covered back patio looking out to the large yard. This home also has a front and rear sprinkler system, and an oversized two car attached garage with extra wide driveway for additional parking.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

10

Comparative Market Analysis

9166 Lasalle Place $492,600 CLOSED

7/29/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1971

MLS #2732398 925 Sq. Ft. ($533 / sqft) Days on market: 3

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

11

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

9211 Knox Court $460,000 CLOSED

MLS #9761338

Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1959

8/12/22

1,160 Sq. Ft. ($397 / sqft) Days on market: 30

Details Prop Type: Single Family Residence

Lot Size (sqft): 6,600 Garages: 1

Updated: Aug 12, 2022 11:12 AM

School District: Westminster Public Schools

County: Adams

List date: 6/3/22

List Price: $459,900

High: Westminster

Subdivision: Sunset Ridge

Sold date: 8/12/22

Orig list price: $535,000

Middle: Shaw Heights

Style: Mid-Century Modern

Off-market date: 7/7/22

Taxes: $2,434

Elementary: Sunset Ridge

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Refrigerator, Sump Pump, Washer

Construction Materials: Brick, Frame

Interior Features: Solid Surface Counters

Road Frontage Type: Public Road

Cooling: Air ConditioningRoom

Levels: One

Road Responsibility: Public Maintained Road

Association Yn: false

Direction Faces: East

Listing Terms: Cash, Conventional, FHA, VA Loan

Basement: Finished, Sump Pump

Electric: 110V

Living Area Total: 1970

Roof: Composition

Fencing: Full

Main Level Bathrooms: 1

Fireplace Features: Electric, Pellet Stove

Main Level Bedrooms: 3 Parking Features: Concrete

Fireplaces Total: 2

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

Parking Total: 1

Flooring: Carpet, Vinyl

Senior Community Yn: false

Patio And Porch: Front Porch, Patio

Sewer: Public Sewer

Full baths: 2.0

Features

Below Grade Unfinished Area: 90.0 Building Area Source: Public Records Concessions: No

Heating: Baseboard

Road Surface Type: Paved

Structure Type: House

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

12

Comparative Market Analysis

Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:9 LOT:17

8841 Ithaca Way, Westminster, Colorado 80031

Tax Year: 2021 Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows

Remarks Cute Mid Mod 1950s brick ranch can be yours! Close to everything you might need in this great neighborhood. Updated kitchen, LVT floor in main floor, newer vinyl windows upstairs, and outdoor arbor in this 3 bed 2 ba with additional possible non-conforming room downstairs. Enjoy all three living spaces complete with enclosed sun room complete with a real working pellet stove fireplace. Private back yard with Pergola on patio is fabulous for those summer evenings outside and backyard also has a shed for your toys and or yard tools. No showings Thursday June 30th.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

13

Comparative Market Analysis

9211 Knox Court

8841 Ithaca Way, Westminster, Colorado 80031

$460,000 CLOSED

MLS #9761338

Westminster, CO 80031

8/12/22

3 Beds 2.00 Baths Year Built 1959

1,160 Sq. Ft. ($397 / sqft) Days on market: 30

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

14

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

8740 Norwich Street

Westminster, CO 80031

$380,000 CLOSED

3 Beds 2.00 Baths Year Built 1959

7/26/22

MLS #5754402 1,204 Sq. Ft. ($316 / sqft) Days on market: 10

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,735 Garages: 1

Updated: Jul 27, 2022 10:45 AM

School District: Westminster Public Schools

County: Adams

List date: 6/29/22

List Price: $399,999

High: Westminster

Subdivision: Shaw Heights

Sold date: 7/26/22

Orig list price: $450,000

Middle: Shaw Heights

Full baths: 1.0

Off-market date: 7/17/22

Taxes: $2,200

Elementary: Flynn

Appliances: Cooktop, Disposal, Oven, Refrigerator

Exterior Features: Private Yard

Main Level Bathrooms: 2

Association Yn: false

Fireplace Features: Living Room

Parking Total: 1 Patio And Porch: Front Porch

Tax Legal Description: SUB:SHAW HEIGHTS FOURTH FILING BLK:14A DESC: S 35 FT OF LOT 6 AND N 30 FT OF LOT 7

Property Condition: Fixer

Tax Year: 2021

Roof: Composition

Zoning: R-1-C

Half baths: 1.0

Features

Basement: Unfinished Below Grade Unfinished Area: 1204.0

Fireplaces Total: 1

Concessions: No

Levels: One

Construction Materials: Frame

Listing Terms: Cash, Conventional

Cooling: Evaporative Cooling

Living Area Total: 1204

Heating: Forced Air

Main Level Bedrooms: 3

Senior Community Yn: false Sewer: Public Sewer Structure Type: House

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

15

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Remarks Buy This Home & We'll Buy Yours!* Welcome to 8740 Norwich Street in the Charming Shaw Heights Community. This 3 Bed 2 Bath Home is Ready for you to Put your Own Personal Touch on it. Put your Sweat Equity into this Home to Enjoy an Immediate Return on Investment! A Special Bonus Awaits Outside in the Large Yard w/ Mature Trees. Just Minutes from The Shops At Walnut Creek. *Conditions Apply

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

16

Comparative Market Analysis

8740 Norwich Street $380,000 CLOSED

7/26/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1959

MLS #5754402 1,204 Sq. Ft. ($316 / sqft) Days on market: 10

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

17

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

9126 Hunter Street

Westminster, CO 80031

$465,000 CLOSED

3 Beds 2.00 Baths Year Built 1970

7/13/22

MLS #IR968731 1,212 Sq. Ft. ($384 / sqft) Days on market: 5

Details Prop Type: Single Family Residence County: Adams

3/4 Baths: 1.0

High: Westminster

Lot Size (sqft): 7,592

Updated: Jul 14, 2022 5:40 AM

Elementary: Mesa

Middle: Shaw Heights

List date: 6/17/22

List Price: $465,000

Subdivision: Shaw Heights

Sold date: 7/13/22

Orig list price: $465,000

Style: Cottage

Off-market date: 7/13/22

School District: Westminster Public Schools

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Heating: Forced Air

Parking Total: 2

Interior Features: Eat-in Kitchen, Open Floorplan

Patio And Porch: Patio

Association Yn: false

Possible Use: Residential

Laundry Features: In Unit

Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Building Area Source: Assessor

Road Surface Type: Paved

Levels: One

Water Source: Public

Roof: Composition

Listing Terms: Cash, Conventional

Sewer: Public Sewer

Window Features: Bay Window(s), Window Coverings

Full baths: 1.0

Features

Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 300 Construction Materials: Wood Frame Cooling: Evaporative Cooling Fencing: Fenced

Living Area Total: 2148

Structure Type: House

Lot Features: Level, Sprinklers In Front

Tax Legal Description: LOT 6, BLOCK 2, SHAW HEIGHTS MESA 4TH FILING

Main Level Bathrooms: 1

Tax Year: 2021

Zoning: RES

Main Level Bedrooms: 3

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

18

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Remarks Seller motivated. Great Ranch in Shaw Heights on quiet street! Live in as is or add equity w/ Great potential. Already done: NEWER Roof, upgraded electrical, newer windows. New Paint and Wood Floors in the large living room. Large master BR. Enjoy the sunroom off the spacious kitchen overlooking the fully fenced private back yard. Fully finished bsmt has NEW carpet, large rec room, 3/4 ba., laundry room, bonus rooms and abundant storage. Conveniently located

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

19

Comparative Market Analysis

9126 Hunter Street $465,000 CLOSED

7/13/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1970

MLS #IR968731 1,212 Sq. Ft. ($384 / sqft) Days on market: 5

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

20

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

9056 Fontaine Street $350,000 CLOSED

MLS #9623108

Federal Heights, CO 80260

3 Beds 2.00 Baths

1,080 Sq. Ft. ($324 / sqft)

6/10/22

Photo not available

Photo not available

Details Prop Type: Single Family Residence

Garages: 2

List Price: $345,000

Off-market date: 6/10/22

Orig list price: $345,000

County: Adams

Updated: Jun 14, 2022 8:34 PM

Taxes: $2,259

Parking Total: 4

Tax Legal Description: SUB:1983 REVISED MONTICELLO 1971-A BLK:2 LOT:37

Lot Size (sqft): 4,800

Features Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 3000

Structure Type: Manufactured House

Living Area Total: 1080

Tax Year: 2021

Remarks Listed for Statistical Purposes. Sold off market.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

21

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

3520 Mowry Place

Westminster, CO 80031

$449,900 PENDING

3 Beds 2.00 Baths Year Built 1971

7/25/22

MLS #4760608 925 Sq. Ft. ($486 / sqft) Days on market: 19

Details Prop Type: Single Family Residence

Lot Size (sqft): 6,534 Garages: 1

Updated: Aug 9, 2022 7:18 AM

School District: Westminster Public Schools

County: Adams

List date: 7/6/22

List Price: $449,900

High: Westminster

Subdivision: Sunset Ridge

Pending date: 7/25/22

Orig list price: $470,000

Middle: Shaw Heights

Full baths: 1.0

Off-market date: 7/25/22

Taxes: $2,350

Elementary: Sunset Ridge

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Exterior Features: Garden

Main Level Bathrooms: 1

Fencing: Full

Main Level Bedrooms: 2

Flooring: Carpet, Tile, Wood

Association Yn: false

Heating: Forced Air, Natural Gas

Parking Features: Concrete, Storage

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

3/4 Baths: 1.0

Features

Basement: Finished, Full

Senior Community Yn: false

Parking Total: 3

Sewer: Public Sewer

Interior Features: Eat-in Kitchen, Radon Mitigation System, Tile Counters

Patio And Porch: Patio

Structure Type: House

Building Area Source: Public Records Construction Materials: Brick, Frame, Wood Siding

Road Frontage Type: Public Road

Levels: One

Road Responsibility: Public Maintained Road

Tax Legal Description: SUB:MOR RIDGE SUBD BLK:1 LOT:11

Cooling: Evaporative Cooling

Listing Terms: Cash, Conventional, FHA, VA Loan

Distance To Bus Numeric: 1

Living Area Total: 1850

Distance To Bus Units: Miles

Tax Year: 2021

Road Surface Type: Paved

Virtual Tour: View

Roof: Composition

Water Source: Public

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

22

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Remarks With the recent $15,000 price reduction this lovely ranch-style Westminster home offers the most space inside and out in the area at this price point while also leaving room for you to make changes (or add a fourth bedroom) to truly make this home your own! On the main level you will find a large living room and two bedrooms with hardwood floors throughout, a full bathroom, and an eat-in-kitchen (oven, microwave, and dishwasher all new in 2019). From the kitchen, you can access the backyard, which includes several well-maintained gardens and two mature apple trees, and you also have access to the oversized one-car garage. The basement has a large living area the full length of the home that could easily be divided to add a fourth bedroom or dedicated office space. The basement also includes one non-conforming bedroom (no egress window) and a full bathroom that also includes the laundry area and a storage space. The backyard features a patio, several beautiful flower gardens and vegetable garden areas, a young goji berry bush, a large shed, and lots of room to play! From the home you can walk to the park, aquatic center, and the elementary school and have easy access to either HWY 36 or I25.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

23

Comparative Market Analysis

3520 Mowry Place $449,900 PENDING

7/25/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1971

MLS #4760608 925 Sq. Ft. ($486 / sqft) Days on market: 19

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

24

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

8531 Concord Lane

Westminster, CO 80031

$464,900 PENDING

3 Beds 2.00 Baths Year Built 1954

8/5/22

MLS #IR971076 858 Sq. Ft. ($542 / sqft) Days on market: 24

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 8/5/22

Lot Size (sqft): 6,600

County: Adams

Garages: 1

Updated: Aug 6, 2022 2:40 AM

Subdivision: Shaw Heights

List date: 7/14/22

List Price: $464,900

Middle: Shaw Heights

Style: Contemporary

Pending date: 8/5/22

Orig list price: $464,900

Elementary: Mesa

Full baths: 1.0

School District: Westminster Public Schools High: Westminster

Taxes: $2,514

Features Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Yn: false Basement: Full Below Grade Unfinished Area: 128.0 Building Area Source: Assessor Construction Materials: Brick Cooling: Ceiling Fan(s), Evaporative Cooling

Direction Faces: East

Living Area Total: 1588

Sewer: Public Sewer

Fencing: Fenced

Lot Features: Level

Structure Type: House

Flooring: Wood

Main Level Bathrooms: 1

Foundation Details: Slab

Main Level Bedrooms: 2

Heating: Forced Air

Parking Total: 1

Tax Legal Description: SUB:SHAW HEIGHTS BLKS 5, 6, 7, 8, 9, 10, 11, AND A PORT OF 20 DESC: BLK 7 LOT:4

Interior Features: Eat-in Kitchen, Radon Mitigation System

Possible Use: Residential

Tax Year: 2021

Road Frontage Type: Public Road

Laundry Features: In Unit

Road Surface Type: Paved

Levels: One

Roof: Composition

Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Listing Terms: Cash, Conventional, FHA, VA Loan

Security Features: Smoke Detector

Virtual Tour: View Water Source: Public

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

25

Comparative Market Analysis

Window Features: Double Pane Windows

8841 Ithaca Way, Westminster, Colorado 80031

Zoning: RES

Remarks Cute as a button! This Shaw Heights brick ranch will delight you with its updated kitchen & baths, wood floors, finished basement & large private yard. Add in the attached 1-car garage & you've got everything you need. From the light, bright living room, spacious kitchen, 2 beds and bath on the main level, to the massive family room in the basement, along with a conforming bedroom & 3/4 bath, there's room for everyone. Large laundry area w/laundry tub & storage area complete the basement. Super convenient to I-25 and US 36, Westminster City Center, Hyland Hills Golf Course, mini golf, parks, schools, not to mention shopping, entertainment & dining. Move in & start living your best life!

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

26

Comparative Market Analysis

8531 Concord Lane $464,900 PENDING

8/5/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1954

MLS #IR971076 858 Sq. Ft. ($542 / sqft) Days on market: 24

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

27

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

3385 W 93rd Avenue

Westminster, CO 80031

$450,000 PENDING

3 Beds 2.00 Baths Year Built 1969

8/10/22

MLS #7122934 1,244 Sq. Ft. ($362 / sqft) Days on market: 14

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 8/10/22

Lot Size (sqft): 6,600

County: Adams

Garages: 2

Updated: Aug 10, 2022 5:05 AM

Subdivision: Shaw Heights

List date: 7/22/22

List Price: $450,000

Middle: Shaw Heights

Style: Traditional

Pending date: 8/10/22

Orig list price: $495,000

Elementary: Mesa

Full baths: 1.0

School District: Westminster Public Schools High: Westminster

Taxes: $2,308

Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Finished, Full Building Area Source: Appraiser Construction Materials: Frame Cooling: Evaporative Cooling

Fencing: Partial

Living Area Total: 2169

Sewer: Public Sewer

Flooring: Carpet, Laminate, Tile

Main Level Bathrooms: 1

Structure Type: House

Main Level Bedrooms: 2

Furnished: Unfurnished

Parking Features: Concrete, Oversized

Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:10 LOT:22

Interior Features: Ceiling Fan(s), Laminate Counters

Parking Total: 2

Tax Year: 2021

Patio And Porch: Front Porch

Water Source: Public

Levels: One

Roof: Composition

Listing Terms: 1031 Exchange, Cash, Conventional

Security Features: Carbon Monoxide Detector(s)

Window Features: Bay Window(s), Double Pane Windows

Heating: Forced Air

Direction Faces: South

Senior Community Yn: false

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

28

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Remarks This home has a lot of the work done and is just looking for someone to finish it to their liking. Plank flooring, hardwood flooring, and tile are featured through out the home, easy to keep clean. This home has something for everyone a large open sunroom off of the kitchen. Huge two car detached garage plus a shed for storage. Two bedrooms and full bath upstairs with living area, kitchen and sun room. Basement features a bedroom with ensuite bath as well as a living room and a bonus room. Easy access to Hwy 36 that will take you to either Denver or Boulder in about 15- 20 minutes. This price has been reduced to reflect the work that needs to be completed and this will be an as is sale.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

29

Comparative Market Analysis

3385 W 93rd Avenue $450,000 PENDING

8/10/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1969

MLS #7122934 1,244 Sq. Ft. ($362 / sqft) Days on market: 14

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

30

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

8855 Lander Street

Westminster, CO 80031

$471,000 ACTIVE

3 Beds 2.00 Baths Year Built 1964

7/16/22

MLS #8133942 920 Sq. Ft. ($512 / sqft) Days on market: 23

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,776

Orig list price: $486,000

Middle: Shaw Heights

List date: 7/16/22

Taxes: $2,970

Elementary: Mesa

County: Adams

Updated: Aug 7, 2022 8:17 PM

School District: Westminster Public Schools

List Price: $471,000

High: Westminster

Cooling: Central Air, None

Main Level Bedrooms: 3

Tax Year: 2021

Heating: Forced Air, Natural Gas

Roof: Composition

Association Yn: false

Senior Community Yn: false

Utilities: Electricity Available, Natural Gas Available

Basement: Finished, Partial

Levels: One

Sewer: Public Sewer

Zoning: R-1-C

Below Grade Unfinished Area: 230.0

Listing Terms: Cash, Conventional, VA Loan

Structure Type: House

Construction Materials: Brick, Frame

Living Area Total: 1610

Subdivision: SHAW HEIGHTS MESA THIRD FILING Full baths: 2.0

Features Appliances: Dishwasher, Oven

Main Level Bathrooms: 1

Tax Legal Description: SUB:SHAW HEIGHTS MESA THIRD FILING BLK:29A LOT:6

Remarks Come see this charming 3 bedroom, 2 bathroom home now on the market! The kitchen boasts generous counter space

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

31

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

making cooking and entertaining a delight. Discover a bright interior with neutral tile floors and plush carpet in all the right places. The main bedroom boasts a private ensuite with dual sinks and walk-in closet. Other bedrooms offer plush carpet, ceiling fans, and sizable closets. Lush landscape surrounds this beautiful house. Hurry, this wont last long!

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

32

Comparative Market Analysis

8855 Lander Street $471,000 ACTIVE

7/16/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1964

MLS #8133942 920 Sq. Ft. ($512 / sqft) Days on market: 23

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

33

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

3395 W 94th Avenue

Westminster, CO 80031

$520,000 ACTIVE

3 Beds 2.00 Baths Year Built 1963

5/13/22

MLS #6462151 1,131 Sq. Ft. ($460 / sqft) Days on market: 70

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,150

List Price: $520,000

High: Westminster

Garages: 1

Orig list price: $560,000

Middle: Shaw Heights

County: Adams

List date: 5/13/22

Taxes: $2,482

Elementary: Sunset Ridge

Subdivision: SUNSET RIDGE

Updated: Aug 9, 2022 6:42 AM

School District: Westminster Public Schools

Appliances: Dishwasher, Oven

Heating: Forced Air, Natural Gas

Main Level Bedrooms: 3

Association Yn: false

Levels: One

Roof: Composition

Basement: Finished

Listing Terms: Cash, Conventional, VA Loan

Senior Community Yn: false

Full baths: 2.0

Features

Construction Materials: Brick, Frame Cooling: Central Air

Living Area Total: 2262 Main Level Bathrooms: 1

Parking Total: 1

Sewer: Public Sewer

Tax Legal Description: SUB:SUNSET RIDGE FIRST FILING BLK:11 LOT:12 Tax Year: 2021 Utilities: Electricity Available

Structure Type: House

Remarks This Westminster one-story home offers a one-car garage. This home has been virtually staged to illustrate its potential.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

34

Comparative Market Analysis

3395 W 94th Avenue $520,000 ACTIVE

5/13/22

8841 Ithaca Way, Westminster, Colorado 80031 Westminster, CO 80031

3 Beds 2.00 Baths Year Built 1963

MLS #6462151 1,131 Sq. Ft. ($460 / sqft) Days on market: 70

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

35

Analysis

Scott Brasfield The Bartic Group at Keller Williams Integrity

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Comparable Property Statistics S

5 Sold Listings LOWEST

$350,000

P

$429,520

HIGH

$492,600

AVG PRICE / SQFT

AVG DOM

$390

12

AVG PRICE / SQFT

AVG DOM

$463

19

AVG PRICE / SQFT

AVG DOM

$486

46

3 Pending Listings LOWEST

$449,900

A

AVERAGE

AVERAGE

$454,933

HIGH

$464,900

2 Active Listings LOWEST

$471,000

AVERAGE

$495,500

HIGH

$520,000

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

37

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Sold Property Analysis Averages

100.8%

Homes sold for an average of 100.8% of their list price.

12

Days on market

It took an average of 12 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

9166 Lasalle Place

$460,000

$492,600

107.09%

3

$533

9211 Knox Court

$535,000

$460,000

85.98%

30

$397

8740 Norwich Street

$450,000

$380,000

84.44%

10

$316

9126 Hunter Street

$465,000

$465,000

100.00%

5

$384

9056 Fontaine Street

$345,000

$350,000

101.45%

-

$324

$451,000

$429,520

95.24%

12

$390

Averages

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

38

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

Suggested List Price

Analysis of the comparable properties suggests a list price of:

$450,000 $489 / sqft

Comparable Averages per Status S

5 Sold

P

$429,520 $390 / sqft

3 Pending

A

$454,933 $463 / sqft $454,933

12 Days on Market

$463 / sqft

2 Active

$495,500 $486 / sqft 46 Days on Market

19 Days on Market

Disclaimer 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 fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

39

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

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.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

40

Comparative Market Analysis

8841 Ithaca Way, Westminster, Colorado 80031

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.

Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: 720-520-3113 scott@thebarticgroup.com

41

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