Market Report and Comparables - Kat Rivera

at Keller Williams Integrity

Single-Family Homes

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

Highlands Ranch, CO

This week the median list price for Highlands Ranch, CO is $782,450 with the market action index hovering around 99.

This is an increase over last month's market action index of 92. Inventory has increased to 34.

Real-Time Market Profile Median List Price

$782,450

Market Action Index

Median Price of New Listings

$857,500

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

Per Square Foot

$271

Average Days on Market

7

Median Days on Market

0

Price Decreased

15%

Price Increased

0%

Relisted

0%

Inventory

34

Median Rent

$3,000

Market Action

99

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

99

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

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

$1,425,000

4,970

8,000 - 10,000 sqft

5

4.5

17

7

5

0

$899,440

3,903

8,000 - 10,000 sqft

5

4

21

4

1

7

$774,900

2,750

4,500 - 6,500 sqft

4

4

24

2

2

7

$645,000

2,098

4,500 - 6,500 sqft

3

4

26

7

7

0

Thu Apr 21 2022

2 of 6

Single-Family Homes

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

Highlands Ranch, CO

Median List Price

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last. $1.0M

$900K

$800K

$700K

$600K

$500K Apr 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

90-Day Average

Segments

Pricing across most of the market has been relatively strong recently. While Quartile 4 is basically flat, all other segments are in an up trend period. Unless the Market Action Index has a persistent downward shift, expect that Quartile 4 will assume a similar trend with the other groups. $1.8M

$1.5M

$1.3M

$1.0M

$750K

$500K

$250K Apr 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Thu Apr 21 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

3 of 6

Single-Family Homes

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

Highlands Ranch, CO

Price Per Square Foot

The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop. $350

$300

$250

$200

$150 Apr 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

200

150

100

50

0 Apr 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

90-Day Average

Thu Apr 21 2022

4 of 6

Single-Family Homes

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

Highlands Ranch, CO

Market Action Index

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

120

100

80

60

40

20 Apr 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

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 Apr 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Thu Apr 21 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

5 of 6

Single-Family Homes

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

Highlands Ranch, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 10 days. Half of the listings have come newly on the market in the past 1 or so days. Watch the 90-day DOM trend for signals of a changing market.

80

60

40

20

0 Apr 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

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.

125

100

75

50

25

0 Apr 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Thu Apr 21 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

6 of 6

9470 Yale Ln, Highlands Ranch, CO 80130-3724, Douglas County APN: R0338084

CLIP: 3925607498

Beds 3

Baths 3

Sale Price $279,900

Sale Date 03/06/2007

Bldg Sq Ft 2,821

Lot Sq Ft 6,708

Yr Built 1987

Type SFR

OWNER INFORMATION

Owner Name

Rivera Daniel L Larson Shane A

Mailing Zip

80122

Owner Name 2

Rivera Katherine M Larson

Mailing ZIP 4

1839

Mailing Address

6800 S Steele St

Mailing Carrier Route

C009

Mailing City & State

Centennial, CO

Owner Occupied

No

Property Zip

80130

Census Tract

141.12

Property Zip4

3724

Neighborhood Code

203-203

Property Carrier Route

C041

Neighborhood Name (OnBoard)

Eastridge

School District

Douglas County Re 1

Township

06

Elementary School

Fox Creek

Range

67

Middle School

Cresthill

Section

8

High School

Highlands Ranch

Quarter

NE

Subdivision

Highlands Ranch

Block

6

Zoning

PDU

Lot

19

PIN

R0338084

% Improved

81%

Alternate PIN

223108105023

Tax District

3602

Schedule Number

0338084

Legal Description

LOT 19 BLK 6 HIGHLANDS RANC H #68-A 6694 SQ FT 0.154 AM/L

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$90,447

$59,678

$59,678

Market Value - Improved

$379,572

$359,261

$359,261

Market Value - Total

$470,019

$418,939

$418,939

Assessed Value - Land

$6,470

$4,270

$4,270

Assessed Value - Improved

$27,140

$25,690

$25,690

Assessed Value - Total

$33,610

$29,960

$29,960

YOY Assessed Change (%)

12.18%

0%

YOY Assessed Change ($)

$3,650

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,789

2020

$2,779

-$10

-0.37%

2021

$3,104

$326

11.72%

CHARACTERISTICS

Lot Acres

0.154

Total Rooms

7

Lot Sq Ft

6,708

Bedrooms

3

Land Use - County

Res Single Family Improvements

Baths - Total

3

Land Use - CoreLogic

SFR

Baths - Full

3

Building Type

Single Family

Stories

2

Year Built

1987

Fireplace

Y

Bldg Sq Ft - Above Ground

2,150

Fireplaces

1

Bldg Sq Ft - Basement

840

Cooling Type

Central

Bldg Sq Ft - Finished Basement

671

Heat Type

Central

Bldg Sq Ft - Unfinished Basement

169

Garage Type

Built-In

Bldg Sq Ft - Total

2,990

Garage Sq Ft

500

Bldg Sq Ft - Finished

2,821

Roof Material

Composition Shingle

Basement Type

Partial

Exterior

Frame

# Buildings

1

Quality

Good

Property Details

Courtesy of Christopher Wanless, 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: 04/21/22 Page 1/2

SELL SCORE

Rating

Low

Sell Score

471

Value As Of

2022-04-17 05:25:22

LAST MARKET SALE & SALES HISTORY

Sale Date

03/06/2007

Deed Type

Warranty Deed

Sale Price

$279,900

Owner Name

Rivera Daniel L Larson Shane A

Price per SqFt - Finished

$99.22

Owner Name 2

Rivera Katherine M Larson

Document Number

22392

Seller

Cummings Jerrold F & Sara

MORTGAGE HISTORY

Mortgage Date

04/22/2003

03/04/2002

03/04/2002

09/08/1999

12/09/1987

Mortgage Amount

$261,900

$194,400

$48,600

$108,000

$128,950

Mortgage Lender

Paragon Hm Lending L LC

Capitol Commerce Mtg

Capitol Commerce Mtg

First Cmnty Ind'l Bk

Home American Mtg C orp

Borrower

Cummings Jerrold F

Cummings Jerrold F

Cummings Jerrold F

Blake Douglas E

Blake Douglas E

Borrower

Cummings Sara

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Resale

Refi

1st Time Sale

Mortgage Int Rate Type

Fixed Rate Loan

Fixed Rate Loan

Fixed Rate Loan

Adjustable Int Rate Loa n

Mortgage Term

30

30

15

Mortgage Term

Years

Years

Years

Blake Madeline A

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Christopher Wanless, 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: 04/21/22 Page 2/2

Map of Property Locations

9476 Princeton Circle, Highlands Ranch, CO 80130 Listing Id: 8467782 Status: Active 04/21/22 Price: $700,000 1 Subtype: SFR Ttl SqFt: 2,980 Bd/Bth: 4/4 Show #: 8888080331 9471 Burlington Lane, Highlands Ranch, CO 80130 Listing Id: 7227150 Status: Closed 04/19/22 Price: $615,000 3 Subtype: SFR Ttl SqFt: 2,013 Bd/Bth: 3/3 Show #:

9491 Burlington Lane, Highlands Ranch, CO 80130 Listing Id: 6594511 Status: Closed 03/30/22 Price: $633,000 Subtype: SFR 2 Ttl SqFt: 1,489 Bd/Bth: 3/2 Show #: 888-808-0331

Broker 1 Page 9476 Princeton Circle, Highlands Ranch, CO 80130 (Status: Active, Listing ID: 8467782) County: Douglas List Price: $700,000 Property Type: Residential Original List Price: $700,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1987 Subdivision Name: Highlands Ranch Listing Contract Date: 04/21/2022 Days In MLS: 0 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $624.00 Tax Annual Amt: $3,146 Tax Year: 2021 Tax Legal Desc: LOT 14 BLK 8 HIGHLANDS RANCH #68-A 6452 SQ FT 0.148 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 2,980 Living Area (SqFt Finished): 2,980 Above Grade Finished Area: 2,116 Below Grade Total Area: 864 Below Grade Finished Area: 864 Below Grade Unfinished Area: 0 PSF Total: $235 PSF Finished: $235 PSF Above Grade: $331 Basement: Bath/Stubbed, Crawl Space, Finished Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Dining Room, Wood Burning Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Speed Internet, Jack & Jill Bath, Jet Action Tub, Kitchen Island, Pantry, Primary Suite, Radon Mitigation System Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Flooring: Carpet, Tile Exclusions: Sellers personal property 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: $156.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s) Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,447 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Fox Creek / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Cresthill / Douglas RE-1 High School: Highlands Ranch / Douglas RE-1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: South View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Beautiful two-story home on a sunny corner lot in Highlands Ranch! Absolutely gorgeous dine-in kitchen showcases expansive island with built in sink and storage underneath. Additional features include double oven, Cherry cabinets and granite countertops throughout entire kitchen. Perfect for entertaining!

Main floor has spacious living room with bay window, powder room and dining room with woo...

Confidential Information Private Remarks: Please follow all Covid guidelines when showing the property. Sellers will need a 45-60day PCOA while completing their new home transition. Showings begin 4/21/22 with open house 4/23/22 from 1:00pm to 4:00pm. Would like to receive all offers by Sunday 4/24/22 by 6pm. Decision

by Monday 4/25/22 by noon. Lockbox is located on to the left of the front door hanging on the porch table. Thank y Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5% Contract Earnest Check To: Guardian Title Possession: Close Plus 30 to 60 Days Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Guardian Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone: Showing Instructions:

BrokerBay 8888080331 Show Email: No Showings Until: 04/22/22 Please remove shoes or use booties provided at entry. Follow all COVID guidelines.

List Agent: Shari Weissman List Office: Coldwell Banker Realty 54 Email:

List Agent Phone: 303-229-9723 Mobile: 303-229-9723

shari.weissman@cbrealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 04/21/2022 3:02:55 PM

Full Property View - Client

9476 Princeton Circle, Highlands Ranch, CO 80130

----

$700,000 - Active

9491 Burlington Lane, Highlands Ranch, CO 80130 (Status: Closed, Listing ID: 6594511) Close Price: $633,000 County: Douglas Base Price: $540,000 Property Type: Residential Original List Price: $540,000 Property Subtype: Single Family Residence Levels: Tri-Level Basement: Yes Structure Type: House Year Built: 1987 Subdivision Name: Highlands Ranch Eastridge Listing Contract Date: 02/24/2022 Purchase Contract Date: 02/28/2022 Contingency: None Known Close Date (DIM): 03/30/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $624.00 Tax Annual Amt: $2,136 Tax Year: 2020 Tax Legal Desc: LOT 43 BLK 2 HIGHLANDS RANCH #71-A .117 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 1,489 Living Area (SqFt Finished): 1,489 Above Grade Finished Area: 1,489 Below Grade Total Area: 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 PSF Total: $425 PSF Finished: $425 PSF Above Grade: $425 Basement: Crawl Space, Sump Pump Bsmnt Ceiling Ht: Foundation: Concrete Perimeter, Structural Fireplace: 1/Family Room, Wood Burning Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Entrance Foyer, Primary Suite, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Flooring: Carpet, Laminate Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 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: $156.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s) Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term, Short Term Lease Site & Location Information Lot Size: 0.12 Acres / 5,097 SqFt Waterfront Feat: Lot Features: Landscaped, Near Public Transit, Sprinklers In Front Horse: No Ski Features: Elementary School: Eagle Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Cresthill / Douglas RE-1 High School: Highlands Ranch / Douglas RE-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Mountain(s) Construction Materials: Brick, Cement Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks You will fall in love with this desirable Highlands Ranch tri-level home! Kick up your feet and relax in this light and bright open concept floor plan complete with a large picture window, updated LVP flooring, vaulted ceilings and skylights. Cooking is a breeze in this spacious kitchen with eat-in dining or take your meal outside using either of the two exterior patio doors. In warmer months, enj...

Confidential Information Private Remarks: Please have all offers submitted by 2:00pm on Mon, Feb 28 with response deadline Feb 29 at 2:00pm. Preferred closing at end of March with possession early April. No love letters will be read or accepted. Backyard swing on deck and kitchen cart can be sold separately. Don't miss showing the unfinished crawl space area of about 880 sq. ft. that is not included in county square feet. New A/C ~6 yrs a Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Bryan Kurtz List Office: Coldwell Banker Realty 44 Email: bryan.kurtz@coloradohomes.com Co List Agent: Tonya Kurtz Co List Office: Coldwell Banker Realty 44 Email:

tonya.kurtz@coloradohomes.com

Buyer Agent: Desiree Miller Buyer Office: True Realty, LLC Email:

desiaumiller@gmail.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-421-4580 Mobile: 720-421-4580 Phone: 720-421-4590 Mobile: 720-421-4590 Buyer Agent Phone: 720-320-5090 Mobile: 720-320-5090 Close Information

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

Generated on: 04/21/2022 3:02:55 PM

9491 Burlington Lane, Highlands Ranch, CO 80130

----

$633,000 - Closed

Welcome to 9491 Burlington Lane

New roof and paint in 2020

Open floor plan with tons of possibilities!

Luxury Vinyl Plank flooring throughout main and bathrooms.

Spacious entry w/coat closet & garage access

Stainless appliances included and new hardware on the cabinets!

Convenient pantry in the kitchen

Eating space in the kitchen

Vaulted ceilings w/ natural light from skylights

Spacious master bedroom with vaulted ceilings and mountain views!

Western views from this bedroom as well.

Attached master bathroom

Lower level bathroom and laundry closet

Updated shower in lower bath

9471 Burlington Lane, Highlands Ranch, CO 80130 (Status: Closed, Listing ID: 7227150) Close Price: $615,000 County: Douglas List Price: $560,000 Property Type: Residential Original List Price: $560,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1988 Subdivision Name: Highlands Ranch Listing Contract Date: 03/16/2022 Purchase Contract Date: 03/20/2022 Contingency: None Known Close Date (DIM): 04/19/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $624.00 Tax Annual Amt: $2,271 Tax Year: 2020 Tax Legal Desc: LOT 41 BLK 2 HIGHLANDS RANCH #71A .107 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 2,013 Living Area (SqFt Finished): 1,967 Above Grade Finished Area: 1,017 Below Grade Total Area: 996 Below Grade Finished Area: 950 Below Grade Unfinished Area: 46 PSF Total: $306 PSF Finished: $313 PSF Above Grade: $605 Basement: Crawl Space, Daylight, Finished, Full, Bsmnt Ceiling Ht: Walk-Out Access Foundation: Fireplace: 1/Gas Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Self Cleaning Oven, Washer, Water Softener Flooring: Carpet, Wood Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 2 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $156.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Sauna Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Size: 0.11 Acres / 4,661 SqFt Waterfront Feat: Elementary School: Eagle Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Cresthill / Douglas RE-1 High School: Highlands Ranch / Douglas RE-1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome to Highlands Ranch! Pride of ownership throughout with no detail overlooked! As you enter the home you are greeted with a large living room with vaulted ceilings, a kitchen with hardwood floors with a large COMPOSITE MATERIAL deck to fire up the BBQ. Next to the kitchen is the dining room.

The rest of the main level is an updated (2020) bathroom, and two bedrooms. The basement is HUGE...

Confidential Information Private Remarks: Seller welcomes buyers doing inspections for buyer's knowledge. However, seller does not plan to correct any items. The property will be sold as-is. The home is agent-owned, please include this fact in the additional provisions of the contract. Solar panels are a lease that buyer(s) will need to take over, please state that in the offer. Offers will be reviewed as they come in but most likely w Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 1.5% List Agent Phone: 303-534-5364 Mobile: 303-489-3953

List Agent: Michael Boyd List Office: Start Real Estate Email:

boydrealestate@icloud.com

Buyer Agent: Amy Kriegbaum Buyer Office: MB Homes by Amy K Email:

amykriegbaum@gmail.com

Concessions: Buyer Credit/Incentives, $3,000 Buyer Financing: Conventional

Buyer Agent Phone: 303-257-3489 Mobile: 303-257-3489 Close Information

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

Generated on: 04/21/2022 3:02:55 PM

9471 Burlington Lane, Highlands Ranch, CO 80130

----

$615,000 - Closed

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/21/2022 to 03/07/2022 Latitude, Longitude is within 0.25 mi of

9470 Yale Ln, Littleton, CO 80130, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no

Residential Active Properties Listing ID Address

City

8467782 9476 Princeton CIR

Highlands Ranch Count: 1

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

4

4

2,116

2,980

2,980

04/21/22

$331

$235

$235

0

700,000

$700,000

Averages:

2,116

2,980

2,980

$331

$235

$235

0

$700,000

$700,000

High $700,000

List Price:

Low $700,000

PSF Fin DIM Orig Price

List Price

Median $700,000

Closed Properties Listing ID Address

City

7227150 9471 Burlington LN

Highlands Ranch Highlands Ranch Count: 2

6594511 9491 Burlington LN

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

3

3

1,017

2,013

1,967

04/19/22

$605

$306

$313

3

2

1,489

1,489

1,489

03/30/22

$425

$425

Averages:

1,253

1,751

1,728

$515

$365

Closed Price:

Report Totals

Presented By: Christopher Wanless Generated on: 04/21/2022

Count : 3

Averages:

High $633,000

SqFt Abv 1,541

SqFt Ttl 2,161

Low $615,000 Sqft Fin 2,145

PSF Abv $ 454

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

4

560,000

$560,000 $615,000

110%

$425

4

540,000

$540,000 $633,000

117%

$369

4

$550,000

$550,000 $624,000

114%

Orig Price $600,000

List Price Close Price $600,000 $624,000

CP/OLP 114 %

Median $624,000 PSF Ttl

$322

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $324

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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