Cloud CMA - 1115 W 37th Avenue

Comparative Market Analysis

1115 W 37th Ave Denver, CO 80211

Traci Lounsbury and Mike Benigno JULY 21, 2023

Kathryn Bartic | kathryn@elitehomepartnersco.com

1115 W 37th Ave, Denver, CO 80211-2603, Denver County APN: 2281-03-027

CLIP: 2147275533

MLS Beds 3

Full Baths 2

MLS Half Baths 1

MLS Sale Price $1,200,000

MLS Sq Ft 2,327

Lot Sq Ft 2,052

MLS Yr Built 2017

Type TH/RH

MLS Sale Date 12/01/2017

OWNER INFORMATION

Owner Name

Lounsbury Traci

Mailing ZIP 4

2603

Owner Name 2

Benigno Micahael J

Mailing Carrier Route

C025

Mailing Address

1115 W 37th Ave

Owner Occupied

Yes

Mailing City & State

Denver, CO

DMA No Mail Flag

Mailing Zip

80211

LOCATION INFORMATION

Property Zip

80211

Location Influence

Property Zip4

2603

Topography

Flat/Level

Property Carrier Route

C025

Neighborhood Code

E Highland-0235

School District

Denver County 1

Neighborhood Name (OnBoard)

Elementary School

Trevista

Traffic

Middle School

Strive Sunnyside

Township

03S

High School

North

Range

68W

Subdivision

Viaduct Add

Section

28

Zoning

I-MX-3

Quarter

NE

Census Tract

11.02

Block

52

Lot

16

Tax District

DENV

Condo Floor TAX INFORMATION

PIN

2281-03-027

Alternate PIN

Tax Appraisal Area

Schedule Number

0228103027000

% Improved

72%

Legal Description

VIADUCT ADD BLK 52 THE W THE W 73.56FT OF L16 & 17 EXC THE S 20FT OF THE W 48.81FT OF L16 A ND EXC THE N 15.03FT OF THE W 43,23FT OF L17

Homestead Percent

ASSESSMENT & TAX

Assessment Year

2022

2021

2020

Market Value - Land

$266,800

$266,800

$266,800

Market Value - Improved

$687,800

$687,800

$683,700

Market Value - Total

$954,600

$954,600

$950,500

Assessed Value - Land

$18,540

$19,080

$11,000

Assessed Value - Improved

$47,800

$49,180

$64,150

Assessed Value - Total

$66,340

$68,260

$75,150

YOY Assessed Change (%)

-2.81%

-9.17%

YOY Assessed Change ($)

-$1,920

-$6,890

Tax Year

Total Tax

Change ($)

Change (%)

2020

$5,576

2021

$5,093

-$482

-8.65%

2022

$5,276

$182

3.58%

CHARACTERISTICS

Lot Frontage

Baths - Full

2

Lot Depth

Baths - Half

1

Lot Acres

0.0471

Other Rooms

Lot Sq Ft

2,052

Stories

3

Fireplace

Y

Lot Shape Land Use - County

Row House Misc

Fireplaces

Land Use - CoreLogic

Townhouse/Rowhouse

Cooling Type

Building Type Style

Heat Fuel Type Row House

Heat Type

Warm Air

Property Details Courtesy of Kathryn Joyce Bartic, REcolorado The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/17/23 Page 1/4

Year Built

Tax: 2015 MLS: 2017

Patio Type

Wood Deck

Bldg Sq Ft - Above Ground

2,327

Garage Type

Attached Garage

Bldg Sq Ft - Basement

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished Basement

Garage Sq Ft

605

Bldg Sq Ft - Unfinished Basement

Roof Material

Bldg Sq Ft - Total

2,327

Construction

Bldg Sq Ft - Finished

2,327

Exterior

Bldg Sq Ft - 1st Floor

944

Floor Cover

Bldg Sq Ft - 2nd Floor

756

Foundation

Basement Type

Asbestos

Pool

# Units

Pool Size

# Buildings

1

Water

Total Rooms

7

Sewer

Bedrooms

3

Quality

Baths - Total

3

Other Impvs

MLS Total Baths

3

Equipment

Excellent

FEATURES

Feature Type

Size/Qty

Att Garage-Frm

605

Opn Prch-Frm

114

Wd Deck

375

Building Description

Building Size

SELL SCORE

Rating

High

Sell Score

760

Value As Of

2023-07-16 04:33:00

ESTIMATED VALUE

RealAVM™

$1,296,300

Confidence Score

92

RealAVM™ Range

$1,201,600 - $1,391,000

Forecast Standard Deviation

7

Value As Of

07/05/2023

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal.

(2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales.

(3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LISTING INFORMATION

MLS Listing Id

3939901

MLS Days On Market

MLS Listing Contract Date

12/01/2017

MLS Pending Date

MLS Source

REcolorado

MLS Close Date

12/01/2017

MLS Status

Closed

MLS List Office Name

TRU REAL ESTATE

MLS Status Change Date

12/01/2017

MLS List Agent Full Name

026597-Chris Striefel

MLS Current Price

$1,200,000

MLS Buyer Agent Full Name

026597-Chris Striefel

MLS Original List Price

$1,200,000

MLS Buyer Office Name

TRU REAL ESTATE

MLS Close Price

$1,200,000

MLS Listing # MLS Source History MLS Status MLS Listing Cancellation Date MLS Listing Price MLS Orig Listing Price MLS Listing Close Price MLS Listing Date MLS Close Date MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY

Sale Date

MLS: 12/01/2017

Deed Type

Sale Price

Owner Name

Lounsbury Traci

Price per SqFt - Finished

Owner Name 2

Benigno Micahael J

Document Number

Seller

Sale Type Property Details Courtesy of Kathryn Joyce Bartic, REcolorado The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/17/23 Page 2/4

Sale Date Sale Price Nominal Buyer Buyer Seller Document Number Document Type Title Company Multi/Split Sale Type MORTGAGE HISTORY

Mortgage Date

08/11/2021

Mortgage Amount

$884,000

Mortgage Lender

Ubs Bk Usa

Borrower

Lounsbury Traci

Borrower

Benigno Michael J

Mortgage Type

Conventional

Mortgage Purpose

Refi

Mortgage Int Rate

2.5

Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term

30

Mortgage Term

Years

Title Company

Other

FORECLOSURE HISTORY

Document Type Default Date Foreclosure Filing Date Recording Date Document Number Book Number Page Number Default Amount Final Judgment Amount Original Doc Date Original Document Number Original Book Page Lien Type

Property Details Courtesy of Kathryn Joyce Bartic, REcolorado The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/17/23 Page 3/4

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details Courtesy of Kathryn Joyce Bartic, REcolorado The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/17/23 Page 4/4

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

P = PENDING

S = CLOSED

BEDS

BATHS

SQFT

PRICE

1115 W 37th Ave

3

3.00

2,327

-

1

Subject

2

8109460

A

3503 Tejon Street

3

4.00

2,734

$1,625,000

3

3009846

A

1330 W 35th Avenue

3

4.00

2,392

$1,779,950

4

8146759

P

3733 Lipan Street

4

4.00

2,688

$1,200,000

5

9948377

S

3620 Jason Street

3

4.00

2,556

$999,000

6

3091659

S

3703 N Lipan

4

4.00

2,697

$1,150,000

7

6895818

S

3444 Navajo Street 11

3

5.00

2,273

$1,160,000

8

4628374

S

3701 N Lipan Street

4

4.00

2,766

$1,290,000

9

8817506

S

3454 Osage Street

3

4.00

2,963

$1,435,000

Kathryn Bartic 3038452362

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3503 Tejon Street $1,625,000 ACTIVE

MLS #8109460

Denver, CO 80211

7/6/23

3 Beds 4.00 Baths

2,734 Sq. Ft. ($594 / sqft)

Year Built 2015

Days on market: 14

Details Prop Type: Multi-Family

Half baths: 1.0

County: Denver Subdivision: LoHi Style: Urban Contemporary

School District: Denver 1

Lot Size (sqft): 1,498

Updated: Jul 20, 2023 7:14 AM

Garages: 2

List Price: $1,625,000

Middle: Strive Sunnyside

List date: 7/6/23

Orig list price: $1,625,000

Elementary: Trevista at Horace Mann

Taxes: $6,036

Full baths: 3.0

High: North

Features Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer

Fireplace Features: Gas, Gas Log, Living Room

Association Yn: false

Flooring: Carpet, Wood

Building Area Source: Public Records

Furnished: Negotiable

Common Walls: End Unit, No One Above, No One Below Construction Materials: Frame, Other, Rock, Stucco

Fireplaces Total: 1

Heating: Forced Air, Natural Gas

Interior Features: Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Lights, Smart Thermostat, Walk-In Closet(s), Wet Bar

Lot Features: Near Public Transit

Laundry Features: In Unit

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

Levels: Three Or More

Cooling: Central Air

Listing Terms: Cash, Conventional

Entry Location: Ground

Living Area Total: 2734

Exterior Features: Balcony

Kathryn Bartic 3038452362

Main Level Bathrooms: 2 Parking Total: 2 Patio And Porch: Patio, Rooftop Roof: Other

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

Comparative Market Analysis

Tax Legal Description: WILSONS RESUB OF PT H WITTERS N DENVER ADD B 21 PT L 3-6 DAFCOM SE COR L 1 TH N 62.04FT TO POB TH A/R 22.58FT A/ L66.35FT A/L 22.57FT A/L 66.35FT TO TPOB

1115 West 37th Avenue, Denver, Colorado 80211

Tax Year: 2022 Virtual Tour: View Water Source: Public Window Features: Window Coverings, Window Treatments Zoning: U-MX-3

Remarks Welcome to this extraordinary urban contemporary townhome in the highly sought-after LoHi neighborhood. This stunning property offers an open floor plan and plenty of natural light, providing a serene atmosphere that is perfect for any lifestyle. The spacious residence boasts 2,734 square feet of living space with thoughtful touches throughout. The modern kitchen has quartz countertops and stainless appliances with ample storage for all your cooking needs. Entertain friends and family around the spacious kitchen island or relax in front of the double sided fireplace, and curl up for some peaceful reading time in the living room. Retreat to a private primary suite complete with walk-in closet and an en-suite bathroom oasis for ultimate pampering and relaxation. The rooftop deck with wet bar is sure to make entertaining easy. This home also has a two car attached garage so you don't have to worry about finding parking in this vibrant Denver neighborhood. Don't miss this opportunity to own your own piece of paradise in LoHi! Worried about interest rates? Lender, Keren Rubenstein will give buyers a free refi of the loan in 6 months if rates go down -- see flyer in supplements or call her at 303-513-1838

Courtesy of USAJ REALTY Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3503 Tejon Street $1,625,000 ACTIVE

7/6/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #8109460

Denver, CO 80211

3 Beds 4.00 Baths

2,734 Sq. Ft. ($594 / sqft)

Year Built 2015

Days on market: 14

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

1330 W 35th Avenue $1,779,950 ACTIVE

MLS #3009846

Denver, CO 80211

3 Beds 4.00 Baths

2,392 Sq. Ft. ($744 / sqft)

Year Built 2023

7/6/23

Details Prop Type: Multi-Family

Half baths: 1.0

List Price: $1,779,950

Middle: Strive Sunnyside

County: Denver

Lot Size (sqft): 3,125

Orig list price: $1,779,950

Subdivision: LOHI

Garages: 1

Taxes: $3,836

Elementary: Trevista at Horace Mann

Style: Contemporary

List date: 7/6/23

School District: Denver 1

Full baths: 3.0

Updated: Jul 6, 2023 12:02 PM

High: North

Fireplace Features: Living Room

Living Area Total: 2392

Structure Type: Townhouse

Main Level Bathrooms: 1

Fireplaces Total: 1

Parking Total: 1

Tax Legal Description: L30 BLK 87 VIADUCT ADD

Flooring: Tile, Wood

Patio And Porch: Front Porch, Rooftop

Tax Year: 2022

Property Condition: New Construction

Water Source: Public

Features Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood Association Yn: false Building Area Source: Builder Common Walls: 1 Common Wall Construction Materials: Brick, Frame, Stucco Cooling: Air ConditioningRoom Exterior Features: Balcony

Kathryn Bartic 3038452362

Furnished: Unfurnished Heating: Forced Air Interior Features: Ceiling Fan(s), Five Piece Bath, Kitchen Island, Walk-In Closet(s)

Road Frontage Type: Public Road Road Surface Type: Paved

Levels: Three Or More

Roof: Membrane

Listing Terms: Cash, Conventional, VA Loan

Senior Community Yn: false Sewer: Public Sewer

Utilities: Electricity Available Window Features: Double Pane Windows Zoning: C-MX-5

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Remarks Sitting on top of everything in Lohi this stunning property offers a perfect combination of style and functionality, creating an inviting and comfortable living space. The interior boasts a contemporary design with clean lines, high ceilings, and an abundance of windows that invites tons of natural light. The gourmet kitchen is equipped with top of the line appliances and a spacious island, perfect for both cooking and entertaining. The bedrooms are very spacious and all en suite and feature ample closet space, while the bathrooms are luxuriously appointed with high end fixtures and finishes. With its convenient location in the heart of Lohi, the future owner will enjoy easy access to all the city's attractions and popular restaurants. There are many roof top decks in Lohi with views of downtown but if you want to be on top of it all and look down on other roof tops, this is the unit for you. This cannot be beat! Don't miss the opportunity to own this exceptional 4 story townhome!

Courtesy of Keller Williams Realty Downtown LLC Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

1330 W 35th Avenue $1,779,950 ACTIVE

7/6/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #3009846

Denver, CO 80211

3 Beds 4.00 Baths Year Built 2023

2,392 Sq. Ft. ($744 / sqft)

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3733 Lipan Street $1,200,000 PENDING

MLS #8146759

Denver, CO 80211

7/1/23

4 Beds 4.00 Baths

2,688 Sq. Ft. ($446 / sqft)

Year Built 2013

Days on market: 59

Details Prop Type: Multi-Family

Lot Size (sqft): 3,125

Updated: Jul 1, 2023 4:33 AM

High: North

County: Denver

Garages: 2

List Price: $1,200,000

Middle: Denver Montessori

Subdivision: Highland

List date: 5/3/23

Orig list price: $1,249,000

Full baths: 3.0

Pending date: 7/1/23

Taxes: $4,569

Elementary: Trevista at Horace Mann

Half baths: 1.0

Off-market date: 7/1/23

School District: Denver 1

Cooling: Central Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bath, Kitchen Island, Open Floorplan, Primary Suite, Radon Mitigation System, Smart Thermostat, Sound System, Walk-In Closet(s)

Lot Features: Landscaped, Near Public Transit

Laundry Features: In Unit Levels: Three Or More

Property Condition: Updated/ Remodeled

Listing Terms: Cash, Conventional, VA Loan

Road Frontage Type: Public Road

Living Area Total: 2688

Road Surface Type: Paved

Features Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Washer

Entry Level: 1 Entry Location: Ground

Association Yn: false

Exterior Features: Balcony, Fire Pit, Private Yard

Basement: Partial

Fencing: Full

Building Area Source: Public Records

Fireplace Features: Gas, Gas Log

Common Walls: End Unit, No One Above, No One Below, 1 Common Wall

Fireplaces Total: 1

Construction Materials: Frame

Heating: Forced Air

Kathryn Bartic 3038452362

Flooring: Tile, Wood Foundation Details: Block

Main Level Bathrooms: 1 Parking Features: Dry Walled, Lighted Parking Total: 2 Patio And Porch: Covered, Deck, Front Porch, Patio

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Roof: Composition

Sewer: Public Sewer

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

Structure Type: Townhouse

Senior Community Yn: false

Tax Legal Description: VIADUCT ADD B50 L24 Tax Year: 2022

Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired)

Window Features: Window Coverings Zoning: U-TU-B2

Virtual Tour: View Water Source: Public

Remarks Step right into this recently renovated LoHi duplex, located just a few steps away from the exciting happenings of one of Denver's finest neighborhoods. As soon as you enter, you'll be greeted by freshly installed wide-plank 5" wide white oak flooring that runs throughout all three levels of this impressive townhome. The entrance boasts high ceilings, large windows, and stunning transitional finishes. The kitchen features new appliances, European white cabinets, and granite countertops, creating a bright and airy space. The open floor plan, coupled with surround sound speakers, creates the perfect ambiance for entertaining. The main level also features a spacious great room that opens up to a backyard, complete with a wood pergola, providing shade from the beautiful evening sunsets.

The Western facing backyard also adds more useable time throughout the year. Adjacent to the great room is a mud-room. Upstairs, you'll find a large primary bedroom with a 5-piece en-suite that includes a soaking tub and walk-in closet with built-ins. There are two other decent-sized bedrooms that share a jack-and-jill bathroom, and the East bedroom comes with a lovely covered patio. The top floor functions as an ideal guest suite or office space with a bedroom, full bathroom, lounge area with wet bar, and a spacious rooftop terrace that offers a breathtaking view of the mountains. The sellers recently added new landscaping around the home including two aspens out front. The 2-car garage provides ample space for storage. This home sits right across from a beautiful park and is within walking distance of some of LoHi's best restaurants and bars. Explore this fantastic property in detail by visiting www.3733LipanStreet.com. Welcome home!

Courtesy of LIV Sotheby's International Realty Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3733 Lipan Street $1,200,000 PENDING

7/1/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #8146759

Denver, CO 80211

4 Beds 4.00 Baths

2,688 Sq. Ft. ($446 / sqft)

Year Built 2013

Days on market: 59

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3620 Jason Street $999,000 CLOSED

MLS #9948377

Denver, CO 80211

3 Beds 4.00 Baths Year Built 2016

6/6/23

2,556 Sq. Ft. ($391 / sqft) Days on market: 6

Details Prop Type: Multi-Family

Half baths: 1.0

Off-market date: 5/16/23

School District: Denver 1

County: Denver

Lot Size (sqft): 3,065

Updated: Jun 7, 2023 5:57 AM

High: North

Subdivision: LoHi

Garages: 2

List Price: $999,000

Middle: Bryant-Webster

Full baths: 2.0

List date: 5/10/23

Orig list price: $999,000

3/4 Baths: 1.0

Sold date: 6/6/23

Taxes: $4,964

Elementary: Trevista at Horace Mann

Construction Materials: Frame, Stucco, Wood Siding

Lot Features: Corner Lot, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Exterior Features: Balcony, Garden, Gas Valve, Private Yard, Rain Gutters

Interior Features: Breakfast Nook, Eat-in Kitchen, Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Below Grade Unfinished Area: 43.0

Fencing: Full

Laundry Features: In Unit

Flooring: Carpet, Tile, Wood

Roof: Rolled/Hot Mop

Common Walls: End Unit, 1 Common Wall

Levels: Three Or More

Green Energy Efficient: Insulation, Windows

Concessions: Other

Listing Terms: Cash, Conventional, Jumbo

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

Heating: Active Solar, Electric, Passive Solar

Living Area Total: 2513

Senior Community Yn: false

Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Finished, Full

Concessions Amount: 14000

Kathryn Bartic 3038452362

Cooling: Air ConditioningRoom, Central Air

Main Level Bathrooms: 1 Other Equipment: Air Purifier Parking Total: 2 Road Surface Type: Paved

Sewer: Public Sewer

Comparative Market Analysis

Structure Type: Duplex

1115 West 37th Avenue, Denver, Colorado 80211

Tax Legal Description: VIADUCT ADD B64 L10 EXC S 0.99FT OF W 59.42FT THEREOF

Tax Year: 2022 Virtual Tour: View

Window Features: Triple Pane Windows

Water Source: Public

Zoning: U-TU-B2

Remarks This West-facing, Green-built, energy-efficient home is ready for you! As you walk into this spacious LoHi home, you will immediately notice the open floor plan with beautiful hardwood floors and tons of light. This all-electric home will save you tons of money in energy bills and the triple-pane windows provide a quiet environment for you to relax in. The kitchen boasts LG Signature appliances which carry a lifetime warranty. Upstairs is where you will find two primary ensuites, laundry and a patio. The basement has another bathroom, bedroom, an office/flex space and additional W/D hookups. From the kitchen, you'll walk out to the backyard which has a deck to entertain or enjoy meals on, a grassy area and mature trees for shade. The home is nestled at the end of Jason Street and is within walking distance to bike trains, restaurants, shops and bars. You will absolutely love this home!

Courtesy of Your Castle Real Estate Inc Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3620 Jason Street $999,000 CLOSED

1115 West 37th Avenue, Denver, Colorado 80211

MLS #9948377

Denver, CO 80211

3 Beds 4.00 Baths

6/6/23

Kathryn Bartic 3038452362

Year Built 2016

2,556 Sq. Ft. ($391 / sqft) Days on market: 6

Comparative Market Analysis

3703 N Lipan

1115 West 37th Avenue, Denver, Colorado 80211

$1,150,000 CLOSED

MLS #3091659

Denver, CO 80211

6/28/23

4 Beds 4.00 Baths

2,697 Sq. Ft. ($426 / sqft)

Year Built 2023

Days on market: 57

Details Prop Type: Multi-Family

Half baths: 1.0

High: North

Lot Size (sqft): 3,125

Updated: Jun 29, 2023 5:00 AM

County: Denver

Garages: 2

List Price: $1,175,000

Elementary: Bryant-Webster

Style: Contemporary

List date: 3/30/23

Orig list price: $1,295,000

Full baths: 2.0

Sold date: 6/28/23

Taxes: $2,033

3/4 Baths: 1.0

Off-market date: 5/26/23

School District: Denver 1

Appliances: Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater

Exterior Features: Private Yard

Interior Features: Breakfast Nook, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat

Association Yn: false Basement: Finished

Green Energy Efficient: HVAC, Lighting, Thermostat, Water Heater, Windows

Common Walls: 1 Common Wall

Heating: Forced Air, Natural Gas

Subdivision: Highlands

Middle: Skinner

Features

Fencing: Partial Flooring: Carpet, Wood

Patio And Porch: Covered, Front Porch, Patio Property Condition: New Construction

Levels: Two

Road Surface Type: Alley Paved, Paved

Listing Terms: Cash, Conventional, FHA, VA Loan

Roof: Other

Living Area Total: 2697

Security Features: Smart Locks, Video Doorbell

Concessions: No

Lot Features: Flood Zone

Senior Community Yn: false

Construction Materials: Brick, Stone, Stucco

Main Level Bathrooms: 1

Sewer: Public Sewer

Parking Total: 2

Structure Type: Duplex

Cooling: Central Air

Kathryn Bartic 3038452362

Comparative Market Analysis

Tax Legal Description: VIADUCT ADD B50 L17 Tax Year: 2022

1115 West 37th Avenue, Denver, Colorado 80211

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

Water Source: Public Window Features: Double Pane Windows

Remarks Live luxuriously just minutes from the heart of LoHi in thisduplex from award-winning home builder Thomas James Homes. The thoughtfully designed modern exterior features stucco and stone. The kitchen boasts a spacious island finished with white quartz countertops, Bosch appliances and Tharp cabinetry. The open concept dining area and great room are perfect for entertaining, while your large backyard steals the show providing a quiet oasis within the city. Front and back landscaping will include sod, plants, and sprinkler system. Work from home in the main floor office, leaving plenty of opportunity for the remaining four bedrooms. The second level features 9' ceilings, custom cellular shades throughout and 3 bedrooms including the primary suite with en-suite bath and a walk-in closet.The basement provides a generous sized rec room perfect for the imagination and fourth bedroom with en-suite bathroom.

Courtesy of eXp Realty, LLC Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3703 N Lipan $1,150,000 CLOSED

6/28/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #3091659

Denver, CO 80211

4 Beds 4.00 Baths

2,697 Sq. Ft. ($426 / sqft)

Year Built 2023

Days on market: 57

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3444 Navajo Street 11 $1,160,000 CLOSED

MLS #6895818

Denver, CO 80211

6/26/23

3 Beds 5.00 Baths

2,273 Sq. Ft. ($510 / sqft)

Year Built 2014

Days on market: 28

Details Prop Type: Multi-Family

Half baths: 2.0

High: North

Lot Size (sqft): 1,230

Updated: Jun 27, 2023 3:00 PM

County: Denver

Garages: 2

List Price: $1,199,000

Style: Contemporary

List date: 5/17/23

Orig list price: $1,275,000

Elementary: Trevista at Horace Mann

Full baths: 1.0

Sold date: 6/26/23

Taxes: $4,406

3/4 Baths: 2.0

Off-market date: 6/14/23

School District: Denver 1

Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer

Construction Materials: Frame, Stucco

Furnished: Negotiable

Cooling: Central Air, Other

Association Yn: false

Electric: 110V, 220 Volts

Basement: Partial

Exterior Features: Balcony, Fire Pit

Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Wet Bar

Subdivision: LoHi

Middle: Strive Sunnyside

Features

Building Area Source: Public Records

Direction Faces: South

Fencing: Partial

Heating: Forced Air

Laundry Features: In Unit

Main Level Bathrooms: 1 Parking Features: Floor Coating, Insulated Parking Total: 2 Patio And Porch: Rooftop

Levels: Three Or More

Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Building Name: Navajo Arts District

Fireplace Features: Great Room

Concessions: No

Fireplaces Total: 1

Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Flooring: Carpet, Tile, Wood

Living Area Total: 2273

Kathryn Bartic 3038452362

Lot Features: Sprinklers In Front, Sprinklers In Rear

Road Surface Type: Paved

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Roof: Composition, Membrane

Structure Type: Townhouse

Tax Year: 2022

Water Source: Public

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

Tax Legal Description: PT OF VIADUCT ADD B88 LOTS 3-5 DAF BEG @ SW COR L5 E 78.63FTTPOB N 65.26FT E 18.91FT S 65.27FT W 18.78FT TPOB

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

Window Features: Double Pane Windows

Senior Community Yn: false Sewer: Public Sewer

Zoning: U-MX-3

View: City, Mountain(s)

Remarks 3BD/5BA Modern LoHi Townhome with Spectacular Skyline VIEWS located in the Navajo Arts District. The A+ Rooftop Party Room and Deck is the best in the Highlands with a firepit and supported to hold a hot tub. Walk score off the charts to all the best restaurants, bars, and shopping. South facing with natural light and main floor Modern Open Concept Layout great for entertaining.

Gorgeous Kitchen with quartz, stainless steel, a huge kitchen island and balcony with gas BBQ. The primary bedroom has a very well appointed bathroom with dual vanities, and a custom tile shower surround with frameless glass and walk-in closet. City views from every level! The second and third bedroom are larger than typical for this style of home and both have their own bathrooms.

Owners installed a new A/C split for the party room. Attached two-car garage with epoxy floor and extra space for toys. Many of the best restaurants in Denver steps from your front door Avanti, Acova, Postino, El Five, Root Down, Kobe An Shabu Shabu, and Black Eye Coffee. Loaded, too much to list. Must See in LoHi.

Courtesy of Colo Real Estate Corp Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3444 Navajo Street 11 $1,160,000 CLOSED

6/26/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #6895818

Denver, CO 80211

3 Beds 5.00 Baths

2,273 Sq. Ft. ($510 / sqft)

Year Built 2014

Days on market: 28

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3701 N Lipan Street $1,290,000 CLOSED

MLS #4628374

Denver, CO 80211

4 Beds 4.00 Baths Year Built 2023

3/22/23

2,766 Sq. Ft. ($466 / sqft) Days on market: 2

Details Prop Type: Multi-Family

Half baths: 1.0

Off-market date: 2/10/23

Taxes: $4,599

County: Denver

Lot Size (sqft): 3,125

School District: Denver 1

Subdivision: Highlands

Garages: 2

Updated: Mar 22, 2023 11:40 AM

List date: 2/8/23

List Price: $1,295,000

Middle: Skinner

Sold date: 3/22/23

Orig list price: $1,295,000

Elementary: Bryant-Webster

Appliances: Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater

Exterior Features: Private Yard

Property Condition: New Construction

Flooring: Carpet, Tile, Wood

Interior Features: Breakfast Nook, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat

Association Yn: false

Furnished: Unfurnished

Levels: Two

Basement: Finished

Green Energy Efficient: HVAC, Lighting, Thermostat, Water Heater, Windows

Listing Terms: Cash, Conventional, Jumbo, VA Loan

Heating: Forced Air, Natural Gas

Lot Features: Corner Lot

Style: Contemporary Full baths: 3.0

High: North

Features

Common Walls: 1 Common Wall Concessions: No

Fencing: Partial

Living Area Total: 2766

Road Surface Type: Alley Paved, Paved Roof: Other Security Features: Smart Locks, Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: Duplex

Construction Materials: Stone, Stucco

Main Level Bathrooms: 1 Parking Total: 2

Cooling: Central Air

Tax Legal Description: VIADUCT ADD B50 L16

Patio And Porch: Covered, Patio

Tax Year: 2021

Kathryn Bartic 3038452362

Comparative Market Analysis

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

1115 West 37th Avenue, Denver, Colorado 80211

Water Source: Public Window Features: Double Pane Windows

Remarks Live luxuriously just minutes from the heart of LoHi in thisduplex from award winning home builder Thomas James Homes. The thoughtfully designed modern exterior features stucco and stone. The kitchen boasts a spacious island finished with white quartz countertops, Bosch appliances and Tharp cabinetry. The open concept dining area and great room are perfect for entertaining, while your large backyard steals the show providing a quiet oasis within the city. Front and back landscaping will include sod, plants, and sprinkler system. Work from home in the main floor office, leaving plenty of opportunity for the remaining four bedrooms. The second level features 9' ceilings and 3 bedrooms including the primary suite with en-suite bath and a walk-in closet. The basement provides a generous sized rec room and fourth bedroom with en-suite bathroom.

Courtesy of eXp Realty, LLC Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3701 N Lipan Street $1,290,000 CLOSED

3/22/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #4628374

Denver, CO 80211

4 Beds 4.00 Baths Year Built 2023

2,766 Sq. Ft. ($466 / sqft) Days on market: 2

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

3454 Osage Street $1,435,000 CLOSED

MLS #8817506

Denver, CO 80211

3/31/23

3 Beds 4.00 Baths

2,963 Sq. Ft. ($484 / sqft)

Year Built 2010

Days on market: 21

Details Prop Type: Multi-Family

Half baths: 1.0

Off-market date: 3/6/23

School District: Denver 1

County: Denver

Lot Size (sqft): 3,125

Updated: Apr 1, 2023 7:10 AM

High: North

Subdivision: LoHi

Garages: 2

List Price: $1,449,000

Middle: Denver Montessori

Style: Urban Contemporary

List date: 1/26/23

Orig list price: $1,449,000

Full baths: 3.0

Sold date: 3/31/23

Taxes: $5,173

Elementary: Trevista at Horace Mann

Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Cooler

Construction Materials: Cement Siding, Frame, Stucco

Road Frontage Type: Public Road

Association Yn: false

Direction Faces: West

Basement: Full

Exterior Features: Garden, Gas Valve, Private Yard

Interior Features: Eat-in Kitchen, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Walk-In Closet(s), Wet Bar Levels: Three Or More

Senior Community Yn: false

Listing Terms: Cash, Conventional, Other

Sewer: Public Sewer

Fireplaces Total: 1

Common Walls: End Unit

Flooring: Carpet, Tile, Wood

Living Area Total: 2823

Concessions: Buyer Closing Costs/Seller Points Paid

Heating: Forced Air, Natural Gas

Lot Features: Corner Lot

Features

Below Grade Unfinished Area: 140.0 Building Area Source: Public Records

Concessions Amount: 34500

Kathryn Bartic 3038452362

Cooling: Central Air

Fireplace Features: Basement, Gas, Gas Log

Main Level Bathrooms: 1 Parking Total: 2

Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Other

Structure Type: Low Rise (1-3) Tax Legal Description: L1 BLK 7 CENTRAL SUB AS AN ADD TO TOWN OF HIGHLANDS

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Tax Year: 2021

View: City

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

Water Source: Public

Window Features: Double Pane Windows, Window Coverings Zoning: U-TU-B2

Remarks 3454 Osage Street shines from a corner lot like a beacon, its interior adorned with sculptural light fixtures, fresh paint and brand new flooring that glistens in the sunlight through an array of dramatic windows. Upon entry, you are greeted by a bright and inviting dining room filled with natural light. The luxurious eat-in kitchen is home to an island range, ceiling-mounted vent hood, and a surplus of storage in its cabinets and pantry. The adjacent living room blurs the line between indoor and outdoor living; sliding doors open to an intimate back yard, providing space for pets to roam freely while you savor the crisp Colorado air. The immense primary suite is the centerpiece of the upper level, with views of the Denver skyline, a walk-in closet, and a vast ensuite bath with dual vanity, makeup counter, freestanding tub and frameless shower. A refined guest bedroom features a walk-in closet, private en suite bath and warm grasscloth wallpaper. An atmosphere of sophistication and indulgence radiates from the lower level, which is home to an entertainment room and secluded guest suite draped in rich, relaxing hues. Mix drinks at the custom bar, where expertly crafted cabinetry and gleaming countertops hold everything needed for joyful entertaining. At the pinnacle of the home is a private rooftop patio with a wet bar and natural gas line for an outdoor fire pit. Enjoy alfresco evenings witnessing prismatic sunsets reflected in the glass faades of Denvers iconic skyscrapers. Ask anyone who is fortunate enough to call LoHi home: this neighborhood isnt simply a place to live, it is a place to truly feel the heartbeat of Denver and immerse yourself in the city's most prominent cultural, culinary, and entertainment destinations. 3454 Osage Street is the ideal LoHi home, providing a space where you can create memories that will last a lifetime.

Courtesy of Milehimodern Information is deemed reliable but not guaranteed.

Kathryn Bartic 3038452362

Comparative Market Analysis

3454 Osage Street $1,435,000 CLOSED

3/31/23

Kathryn Bartic 3038452362

1115 West 37th Avenue, Denver, Colorado 80211

MLS #8817506

Denver, CO 80211

3 Beds 4.00 Baths

2,963 Sq. Ft. ($484 / sqft)

Year Built 2010

Days on market: 21

Denver Denver Denver Denver Denver

9948377 3620 Jason ST

3091659 3703 N Lipan

6895818 3444 Navajo ST #11

4628374 3701 N Lipan ST

8817506 3454 Osage ST

Listings: Closed

Pending Total: 1

8146759 3733 Lipan ST

Listings: Pending Denver

Denver

Active Total: 2

Denver

3009846 1330 W 35th AVE

City

8109460 3503 Tejon ST

Listings: Active

Listing ID Address

2,563 2,563

2,563 2,563

Avg Med

2,688

2,431

Avg Med

3

4

3

4

4

4

5

4

2,018

1,868

1,877

1,811

List

$711

$691

$618

$635

$586

$494

$494

$494

$494

$494

$669

$669

$744

$594

$744

$594

PSF Abv

$484

$466

$510

$426

$391

$446

$446

$446

$446

$446

$669

$669

$744

$594

$744

$594

PSF Ttl

Presented By: Kathryn Joyce Bartic

2,823 03/31/23

2,766 03/22/23

2,273 06/26/23

2,697 06/28/23

2,513 06/06/23

2,688

2,688

2,688

2,688

2,688 07/01/23

2,563

2,563

2,734

2,392

2,392 07/06/23

2,734 07/06/23

Fin

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2023. All rights reserved.

REcolorado.com

2,963

2,766

2,273

2,697

2,556

2,688

2,431

1,704

2,688

2,431

4

2,688

2,431

Min Max

3

2,688

2,431

4

2,734

2,734

4

2,392

2,392

2,734

Min

2,734

Ttl

Max

4

4

Abv

2,392

3

3

Bths

2,392

Bds

Market Analysis Summary | Residential

$508

$466

$510

$426

$398

$446

$446

$446

$446

$446

$669

$669

$744

$594

$744

$594

PSF Fin

21

2

28

57

6

59

59

59

59

59

15

15

15

15

15

15

DIM

1,449,000

1,295,000

1,275,000

1,295,000

999,000

$1,249,000

$1,249,000

$1,249,000

$1,249,000

1,249,000

$1,702,475

$1,702,475

$1,779,950

$1,625,000

1,779,950

1,625,000

Orig Price

91%

89%

100%

$1,449,000 $1,435,000

99%

$1,295,000 $1,290,000 100%

$1,199,000 $1,160,000

$1,175,000 $1,150,000

$999,000 $999,000

$1,200,000

$1,200,000

$1,200,000

$1,200,000

$1,200,000

$1,702,475

$1,702,475

$1,779,950

$1,625,000

$1,779,950

$1,625,000

List Price Close Price CP/OLP

Listings as of 7/21/2023 at 2:11 pm, Page 1 of 2

Number Numeric is 3701 Street Dir Prefix is 'N' Street Name is 'Lipan' Street Number Numeric is 1330 Street Dir Prefix is 'W' Street Name is '35th' Street Number Numeric is 3444 Street Name is 'Navajo' Street Number Numeric is 3454 Street Name is 'Osage' Street Number Numeric is 3503 Street Name is 'Tejon' 3 Properties have been discarded.

Numeric is 1272 Street Dir Prefix is 'W' Street Name is '40th' Street Number Numeric is 3911 Street Name is 'Mariposa' Street Number Numeric is 3907 Street Name is 'Mariposa' Street

is 3733 Street Name is 'Lipan' Street Number Numeric is 3620 Street Name is 'Jason' Street Number Numeric is 3703 Street Dir Prefix is 'N' Street Name is 'Lipan' Street Number

Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/21/2023 to 01/22/2023 Street Number Numeric

Total Listings

Quick Statistics

8

Closed Total: 5

Listing ID Address

2,611

100%

89%

Sale Price Sale / List

Close

Avg

96%

$1,206,800

$1,340,244

$627

$634

$635

$648

$711

$586

PSF Abv

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2023. All rights reserved.

REcolorado.com

99%

$1,160,000

$466

$462

$510

$398

18

25

21

23

57

2

DIM

$1,295,000

$1,370,869

$1,295,000

$1,262,600

$1,449,000

$999,000

Orig Price

$1,247,500

$1,340,244

$1,199,000

$1,223,400

$1,449,000

$999,000

$1,160,000

$1,206,800

$1,160,000

$1,206,800

$1,435,000

$999,000

99%

96%

100%

89%

List Price Close Price CP/OLP

Listings as of 7/21/2023 at 2:11 pm, Page 2 of 2

PSF Fin

$1,247,500

Med

$475

$508

$466

$456

$510

$391

PSF Ttl

Presented By: Kathryn Joyce Bartic

$1,435,000

$999,000

2,693

Max

2,693

1,948

Median for all:

$1,779,950

2,634

2,104

Average for all:

2,697

2,614

$999,000

2,697

1,868

Avg Med

Min

2,651

1,856

Max

2,823

2,273

Fin

List Price

2,963

Ttl

2,273

Abv

2,018

Bths

1,704

Bds

Min

City

Market Analysis Summary | Residential

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Comparable Property Statistics A

2 Active Listings LOWEST

$1,625,000

P

$1,702,475

HIGH

$1,779,950

AVG PRICE / SQFT

AVG DOM

$669

14

AVG PRICE / SQFT

AVG DOM

$446

59

AVG PRICE / SQFT

AVG DOM

$456

23

1 Pending Listings LOWEST

$1,200,000

S

AVERAGE

AVERAGE

$1,200,000

HIGH

$1,200,000

5 Sold Listings LOWEST

$999,000

Kathryn Bartic 3038452362

AVERAGE

$1,206,800

HIGH

$1,435,000

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Sold Property Analysis Averages

95.69%

Homes sold for an average of 95.69% of their list price.

23

Days on market

It took an average of 23 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

$999,000

$999,000

100.00%

6

$391

3703 N Lipan

$1,295,000

$1,150,000

88.80%

57

$426

3444 Navajo Street 11

$1,275,000

$1,160,000

90.98%

28

$510

3701 N Lipan Street

$1,295,000

$1,290,000

99.61%

2

$466

3454 Osage Street

$1,449,000

$1,435,000

99.03%

21

$484

$1,262,600

$1,206,800

95.69%

23

$456

3620 Jason Street

Averages

Kathryn Bartic 3038452362

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Online Valuation Analysis How accurate are Zestimates?

2.8%

$35,900

Zestimates varied up to 2.8% or $35,900 compared to actual MLS prices.

A

2 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

3503 Tejon Street

$1,625,000

$1,589,100

-2.2%

1330 W 35th Avenue

$1,779,950

$1,745,300

-1.9%

PRICE

ZESTIMATE

DIFFERENCE

$1,200,000

$1,166,100

-2.8%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

3620 Jason Street

6/6/23

$999,000

$990,600

-0.8%

3703 N Lipan

6/28/23

$1,150,000

$1,145,500

-0.4%

3444 Navajo Street 11

6/26/23

$1,160,000

$1,171,300

1.0%

3701 N Lipan Street

3/22/23

$1,290,000

$1,264,800

-2.0%

3454 Osage Street

3/31/23

$1,435,000

$1,411,900

-1.6%

P

1 Pending

ADDRESS

3733 Lipan Street

S

5 Sold

ADDRESS

Source: Zillow

Kathryn Bartic 3038452362

Comparative Market Analysis

1115 West 37th Avenue, Denver, Colorado 80211

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3503 Tejon Street

-

3

4.00

2,734

$1,625,000

$594

1330 W 35th Avenue

-

3

4.00

2,392

$1,779,950

$744

2,563

$1,702,475

$669

Averages

P

PENDING LISTINGS

ADDRESS

3733 Lipan Street

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

4.00

2,688

$1,200,000

$446

2,688

$1,200,000

$446

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3620 Jason Street

6/6/23

3

4.00

2,556

$999,000

$391

3703 N Lipan

6/28/23

4

4.00

2,697

$1,150,000

$426

3444 Navajo Street 11

6/26/23

3

5.00

2,273

$1,160,000

$510

3701 N Lipan Street

3/22/23

4

4.00

2,766

$1,290,000

$466

3454 Osage Street

3/31/23

3

4.00

2,963

$1,435,000

$484

2,651

$1,206,800

$456

Averages

Kathryn Bartic 3038452362

at Keller Williams Integrity

INTELLIGENT PRICING & 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.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

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 largest are location and condition. Generally, fair market value can be determined by 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 the home, 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.

ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

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, a description 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 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.