CMA - 11288 Ranch Place

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Westminster, CO

This week the median list price for Westminster, CO is $709,949 with the market action index hovering around 96.

This is an increase over last month's market action index of 94. Inventory has decreased to 12.

Real-Time Market Profile Median List Price

$709,949

Market Action Index

Median Price of New Listings

$485,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$226

Average Days on Market

27

Median Days on Market

32

Price Decreased

8%

Price Increased

17%

Relisted

0%

Inventory

12

Median Rent

$2,399

Market Action

96

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

96

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau.

We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$882,160

4,046

0.25 - 0.5 acre

4

4

4

0

1

42

$722,290

3,246

6,500 - 8,000 sqft

4

3

25

0

0

42

$500,000

2,376

6,500 - 8,000 sqft

3

2

43

2

3

0

$405,000

1,810

6,500 - 8,000 sqft

3

2

51

3

4

0

Tue Jan 04 2022

2 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Westminster, CO

Median List Price

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift. $900K

$800K

$700K

$600K

$500K

$400K Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $1.5M

$1.3M

$1.0M

$750K

$500K

$250K Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

3 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Westminster, CO

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $250

$225

$200

$175

$150 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

200

150

100

50

0 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Tue Jan 04 2022

4 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Westminster, CO

Market Action Index

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

120

100

80

60

40

20 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

120

100

80

60

40

20 Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

5 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Westminster, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 31 days. Half of the listings have come newly on the market in the past 15 or so days. Watch the 90-day DOM trend for signals of a changing market.

125

100

75

50

25

0 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

150

125

100

75

50

25

0 Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

6 of 6

11288 Ranch Pl, Westminster, CO 80234-2627, Adams County Beds 3

Baths 4

Sale Price $182,000

Sale Date 11/27/1996

Bldg Sq Ft 2,958

Lot Sq Ft 7,314

Yr Built 1983

Type SFR

OWNER INFORMATION

Owner Name

Medina Leroy O

Mailing Zip

80234

Owner Name 2

Medina Joy E

Mailing ZIP 4

2627

Mailing Address

11288 Ranch Pl

Mailing Carrier Route

C089

Mailing City & State

Westminster, CO

Owner Occupied

Yes

Property Zip

80234

Census Tract

93.25

Property Zip4

2627

Neighborhood Code

Westminster - North-240

Property Carrier Route

C089

Township

02S

School District

Adams 12 5 Star Schl

Range

68W

Elementary School

Cotton Creek

Section

04

Middle School

Silver Hills

Quarter

SE

High School

Mountain Range

Block

5

Subdivision

The Ranch Filing 3

Lot

19

PIN

R0031589

% Improved

70%

Alternate PIN

1719-04-3-08-005

Tax District

158

Schedule Number

R0031589

Legal Description

SUB:THE RANCH FILING NO 3 BL K:5 LOT:19

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

2019

2018

Market Value - Land

$141,000

$141,000

$141,000

$138,000

Market Value - Improved

$338,744

$331,622

$331,622

$267,324

Market Value - Total

$479,744

$472,622

$472,622

$405,324

Assessed Value - Land

$10,080

$10,080

$10,080

$9,940

Assessed Value - Improved

$24,220

$23,710

$23,710

$19,250

Assessed Value - Total

$34,300

$33,790

$33,790

$29,190

YOY Assessed Change (%)

1.51%

0%

15.76%

YOY Assessed Change ($)

$510

$0

$4,600

Tax Year

Total Tax

Change ($)

Change (%)

2018

$3,218

2019 2020

$3,604

$385

11.97%

$3,597

-$7

-0.19%

CHARACTERISTICS

Lot Frontage

69

Total Rooms

7

Lot Depth

106

Bedrooms

3

Lot Acres

0.1679

Baths - Total

4

Lot Sq Ft

7,314

Baths - Full

3

Land Use - County

Single Family Resid

Baths - Half

1

Land Use - CoreLogic

SFR

Stories

2

Building Type

Residential

Fireplace

Y

Year Built

1983

Fireplaces

1

Bldg Sq Ft - Above Ground

2,213

Cooling Type

Central

Bldg Sq Ft - Basement

1,083

Heat Type

Forced Air

Bldg Sq Ft - Finished Basement

745

Garage Type

Attached Garage

Bldg Sq Ft - Unfinished Basement

338

Garage Sq Ft

520

Bldg Sq Ft - Total

3,296

Roof Material

Wood Shake

Bldg Sq Ft - Finished

2,958

Construction

Frame

Bldg Sq Ft - 1st Floor

1,083

Exterior

Frame/Masonry

Bldg Sq Ft - 2nd Floor

1,130

Quality

Good

Basement Type

Finished

Equipment

Whe, Ssk, Whe

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 1/3

# Buildings

1

FEATURES

Feature Type

Size/Qty

Attached

520

Sink Bathroom

1

Water Heater

1

Allowance

1

Laundry Facility

1

Bath 2

1

Bath 3

1

Bath 4

2

Finished

745

Open Slab

120

Building Description

Building Size

Single Family

1

SELL SCORE

Rating

Low

Sell Score

468

Value As Of

2022-01-02 03:35:52

LAST MARKET SALE & SALES HISTORY

Sale Date

11/27/1996

Deed Type

Warranty Deed

Sale Price

$182,000

Owner Name

Medina Leroy O

Price per SqFt - Finished

$61.53

Owner Name 2

Medina Joy E

Document Number

4896-258

Seller

Tomlinson Peggy S

Sale Type

Full

Sale Date

11/27/1996

Sale Price

$182,000

01/03/1994

Nominal

08/31/1989 $143,000

$159,000

Tomlinson Peggy S

Tomlinson Richie G

Farley Lyn R

Y

Buyer

Medina Leroy O & Joy E

Buyer

Medina Joy E

Seller

Tomlinson Peggy S

Tomlinson Richie G & Pegg yS

Farley Lyn R

Welty Michael K

Document Number

4896-258

4237-827

3598-967

3015-723

Document Type

Warranty Deed

Quit Claim Deed

Warranty Deed

Warranty Deed

MORTGAGE HISTORY

Mortgage Date

06/03/2013

06/03/2013

10/25/2010

04/10/2008

01/21/2003

Mortgage Amount

$75,000

$117,358

$157,050

$181,500

$211,000

Mortgage Lender

Credit Union/Denver

Credit Union/Denver

Crossline Cap Inc

Countrywide Bk Fsb

Loancity.com

Borrower

Medina Leroy O

Medina Leroy O

Medina Leroy O

Medina Leroy O

Medina Leroy O

Borrower

Medina Joy E

Medina Joy E

Medina Joy E

Medina Joy E

Medina Joy E

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Refi

Refi

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Mortgage Term

20

7

10

15

30

Mortgage Term

Years

Years

Years

Years

Years

Other

Security Title Guaranty Co

Fixed Rate Loan

Title Company

Mortgage Date

05/06/1999

04/28/1999

10/23/1998

Mortgage Amount

$23,000

$184,000

$32,000

Mortgage Lender

Premier Mtg Grp

Premier Mtg Grp

Bellco First Fcu

Borrower

Medina Leroy O

Medina Leroy O

Medina Leroy O

Borrower

Medina Joy E

Medina Joy E

Medina Joy E

Mortgage Type

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Mortgage Int Rate Type Mortgage Term

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 2/3

Mortgage Term Title Company

North American Title

North American Title

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 3/3

Broker 1 Page 11265 Quivas Loop, Westminster, CO 80234 (Status: Closed, Listing ID: IR940153) Close Price: $635,000 County: Adams List Price: $625,000 Property Type: Residential Original List Price: $675,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1981 Subdivision Name: The Ranch Listing Contract Date: 05/13/2021 Purchase Contract Date: 08/02/2021 Contingency: Close Date (DIM): 08/27/2021 Days In MLS: 82 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $290.00 Tax Annual Amt: $3,981 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 1 A REPLAT OF BLK:4 LOT:7 Interior Area & SqFt 3,640 Living Area (SqFt Finished): 3,453 Above Grade Finished Area: 2,184 1,456 Below Grade Finished Area: 1,269 Below Grade Unfinished Area: 187 PSF Finished: $184 PSF Above Grade: $291 Bsmnt Ceiling Ht: Fireplace: Family Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Foundation: Slab Heating: Forced Air Cooling: Ceiling Fan(s), Central Air HVAC Description: Central Air Conditioning, Interior Features: Eat-in Kitchen, Five Piece Bath, Jet Action Tub, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Wood Exclusions: Staging furniture and accessories Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: Association Information Assoc 1 Fee/Frequency: $290.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves Assoc Amenities: Park Senior Community: Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.20 Acres / 8,634 SqFt Waterfront Feat: Lot Features: Level, Sprinklers In Front Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Direction Faces: Southwest View: Construction Materials: Brick, Wood Frame, Wood Siding Roof: Composition Exterior Features: Dog Run Water Included: Water Source: Public Sewer: Public Remarks Unique opportunity in The Ranch of Westminster a premier and mature neighborhood surrounded by The Ranch Country Club; a private and world class facility. Heaps of potential. Modern, flowing floorplan. Wood floors on main level, expansive formal living and dining room with bank of windows. Granite clad kitchen, gas range, eat-in space wraps around to a family room with soaring ceilings, fp, surrou...

Confidential Information Private Remarks: BACK ON MARKET due to Buyer deciding the home wasn't a right fit. No inspection conducted. Seller will not make any repairs. Property being sold AS-IS, WHERE-IS. Seller has never lived in the property. West guest bedroom upstairs had a murphy bed that was removed and the floor has been patched.

Buyer Agency Comp: 2.80% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.80%

List Agent: Lenny Maiocco List Office: RE/MAX Alliance-Lafayette Email:

lenny.maiocco@remax.net

Buyer Agent: CO-OP Non-IRES Agent Buyer Office: CO-OP Non-IRES Email:

info@ires-net.com

Concessions: Buyer Financing:

List Agent Phone: 720-201-1114 Mobile: 720-201-1114 Buyer Agent Phone: 970-593-9002 Mobile: Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © IRES LLC 2022.

Generated on: 01/04/2022 1:51:58 PM

Full Property View

11265 Quivas Loop, Westminster, CO 80234

----

$635,000 - Closed

1759 W 113th Avenue Lot 33, Westminster, CO 80234 (Status: Closed, Listing ID: 6485369) Close Price: $640,000 County: Adams List Price: $625,000 Property Type: Residential Original List Price: $625,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1984 Subdivision Name: The Ranch Listing Contract Date: 07/07/2021 Purchase Contract Date: 07/14/2021 Contingency: None Known Close Date (DIM): 07/30/2021 Days In MLS: 7 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $300.00 Tax Annual Amt: $3,716 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 3 BLK:2 LOT:33 Interior Area & SqFt 3,185 Living Area (SqFt Finished): 2,961 Above Grade Finished Area: 2,069 1,116 Below Grade Finished Area: 892 Below Grade Unfinished Area: 224 $201 PSF Finished: $216 PSF Above Grade: $309 Bsmnt Ceiling Ht: Fireplace: 2/Family Room, Gas, Gas Log

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Master Suite, Vaulted Ceiling(s) Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator Flooring: Carpet, Wood Exclusions: Seller's personal property & staging items Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $300.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds Assoc Amenities: Senior Community: No Restriction Covenants: Deed Pets Allowed: Rentals Allowed: Restrictions Site & Location Information Lot Size: 0.17 Acres / 7,405 SqFt Waterfront Feat: Lot Features: Sprinklers In Front, Sprinklers In Rear Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / Adams 12 5 Star Schl High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Construction Materials: Brick, Cedar, Frame Roof: Composition Exterior Features: Balcony Water Included: Yes Water Source: Sewer: Public Remarks This big, beautiful two-story w/ full walkout in The Ranch boasts amazing new outdoor living spaces on all 3 levels and is also the best deal in the neighborhood w/ almost $100K in crucial updates made over the past two years. Close to Denver, Boulder, Broomfield, DIA & both the Orchard and Flatirons Malls, The Ranch is an ideal location w/ a true community feel like very few others. Neighbors sti...

Confidential Information Private Remarks: With over $100K worth of the most critical updates made in the past year to 5 years, the Sellers have updated this home even further in the past week to ensure that everything it really needs has already been done. $25K in two new decks, $60K in brand new energy-efficient windows and new siding, paint, carpet, HVAC, $50K in new bathrooms: this place is literally a STEAL relative to the recent com Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Stuart Galvis List Office: Keller Williams Realty Downtown LLC Email:

stugalvis@kw.com

Buyer Agent: Mike Malec Buyer Office: RE/MAX of Boulder Email:

Mike@ColoradoHomesAndRealEstate.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-441-4815 Mobile: 303-746-0655 Buyer Agent Phone: 303-588-5716 Mobile: 303-588-5716 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 1:51:58 PM

Full Property View

1759 W 113th Avenue, Westminster, CO 80234

----

$640,000 - Closed

11205 Raritan Street, Westminster, CO 80234 (Status: Closed, Listing ID: 8022546) Close Price: $750,000 County: Adams List Price: $750,000 Property Type: Residential Original List Price: $800,000 Property Subtype: Single Family Residence Levels: Multi/Split Basement: Yes Structure Type: House Year Built: 1983 Subdivision Name: The Ranch Listing Contract Date: 08/04/2021 Purchase Contract Date: 10/12/2021 Contingency: None Known Close Date (DIM): 11/05/2021 Days In MLS: 69 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $290.00 Tax Annual Amt: $4,586 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 3 BLK:1 LOT:45 Interior Area & SqFt Building Area Total (SqFt Total): 3,630 Living Area (SqFt Finished): 2,829 Above Grade Finished Area: 2,829 Below Grade Total Area: 801 Below Grade Finished Area: 0 Below Grade Unfinished Area: 801 PSF Total: $207 PSF Finished: $265 PSF Above Grade: $265 Basement: Daylight, Unfinished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 1/Family Room, Gas, Gas Log Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Eat-in Kitchen, Five Piece Bath, Master Suite, Open Floorplan, Quartz Counters, Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer Flooring: Cork, Tile, Wood Exclusions: Seller's personal property. All furnishing are negotiable Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $290.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK, Yes Rentals Allowed: Long Term Vehicle Restrictions Site & Location Information Lot Size: 0.23 Acres / 9,900 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / Adams 12 5 Star Schl High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Brick, Frame Roof: Composition, Wood Exterior Features: Balcony, Garden Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Fall in love with this newly updated custom home in The Ranch Golf Course Community. This beautiful corner lot custom home is sure to wow. Step in to beautiful granite topped half wall upon front door entry and an open concept design with vaulted ceilings in kitchen, dining and living area overlooking an additional vaulted ceiling family room creating an abundance of natural light. Tasteful custom...

Confidential Information Private Remarks: Agent to follow all current COVID guidelines. Seller reserves the right to accept offer at any time. Seller prefers 60 day post occupancy.

Showings start Friday August 6th.

Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Brandi Harvey List Office: BSW Real Estate, LLC Email:

Brandi@bswrealestate.com

Buyer Agent: Janie Halaba Buyer Office: Keller Williams Realty Urban Elite Email:

janie.halaba@kw.com

Concessions: Buyer Closing Costs/Seller Points Paid, $4000 Buyer Financing: Conventional

List Agent Phone: 720-662-4900 Mobile: 720-662-4900 Buyer Agent Phone: 720-838-5511 Mobile: 720-838-5511 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 1:51:59 PM

Full Property View

11205 Raritan Street, Westminster, CO 80234

----

$750,000 - Closed

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/04/2022 to 07/08/2021 Latitude, Longitude is within 0.25 mi of

11288 Ranch Pl, Westminster, CO 80234, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 10 Properties have been discarded.

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

Westminster

5

4

2,184

3,640

3,453

08/27/21

$291

6485369 1759 W 113th AVE

Westminster

4

4

2,069

3,185

2,961

07/30/21

$309

$201

8022546 11205 Raritan ST

Westminster

5

3

2,829

3,630

2,829

11/05/21

$265

Averages:

2,361

3,485

3,081

$288

Listing ID Address

City

IR940153 11265 Quivas LOOP

Count: 3

Closed Price:

Report Totals

Presented By: Leolani Kaan Generated on: 01/04/2022

Count : 3

Averages:

High $750,000

SqFt Abv 2,361

SqFt Ttl 3,485

PSF Ttl

$184

PSF Abv $ 288

List Price Close Price

CP/OLP

82

675,000

$625,000 $635,000

94%

$216

7

625,000

$625,000 $640,000

102%

$207

$265

800,000

$750,000 $750,000

94%

$204

$222

69 53

$700,000

$666,667 $675,000

97%

Orig Price $700,000

List Price Close Price $666,667 $675,000

CP/OLP 97 %

Low $635,000 Sqft Fin 3,081

PSF Fin DIM Orig Price

Median $640,000 PSF Ttl

$204

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $222

CMA 1-Line Page 1 of 1

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

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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.

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