Briar Cliff

at Keller Williams Integrity

STEPS TO BUYING A HOME THE BUYER CONSULTATION

The first step towards buying a new home is to meet with your Buyer Specialist.

We want to get to know you and chart a course for your home-buying process.

We’ll Discuss: • Home loan pre-approval • Today’s housing market

• Home search process • Buyer agency benefits

• Negotiating strong offers • Your real estate needs

PRE-APPROVAL

As you begin home shopping, a pre-approved letter brings you, your lender, and potential home sellers confidence in knowing what you can afford, making your offer more likely to be accepted than someone who is not pre-approved.

NARROWING YOUR HOME SEARCH

We offer many different solutions to expedite and simplify the home search process. All brokers have access to the same information, the difference is the speed at which they can get you the information. Our custom designed website ensures instant access and alerts you of the newest listings on the market before other agents have the chance to present them to their clients. Our Inside Sales Agents are highly skilled lead generators who are working hard to find our clients their dream home by calling off market properties daily.

HOME SHOPPING

During the home shopping process, your Buyer Specialist will suggest homes that fit your needs, and meet you to tour selected homes. The average buyer finds the right home within the first 5 homes they view.

MAKE AN OFFER

You’ve found the home of your dreams and we’ll guide you through making the right offer. With the offer, you will need to provide an Earnest Money check. It is usually about 1% of the offer price and will be deposited when your offer is accepted.

THEBARTICGROUP.COM | 720.208.7200

YOU FOUND A HOME! NOW WHAT? WE GET YOUR OFFER ACCEPTED

We are experts representing our clients through a fiduciary relationship based on trust, knowledge and unparalleled service. What sets us apart from other agents is that we go the extra mile to produce, providing excellent service, communication and accessibility to our clients. In multiple offer situations, we work to keep you in first place with expert negotiations. We have systems in place ensuring your offer is accepted every time. Once you’ve found the perfect home, your Buyer Specialist will draft the offer. With the offer, your earnest money typically will need to be deposited within 3 business days!

HOME INSPECTION

As the buyer, you have the opportunity to hire a professional inspector to evaluate the condition of your home. The average home inspection can range in cost depending on the services chosen and is paid at the time of inspection.

Average cost: $400-800

APPRAISAL

Once you have reviewed title and your inspection, an appraisal will be ordered by the lender. The primary goal of the appraisal is to justify the lender’s investment and to protect you from overpaying.

LOAN APPROVAL & CLEAR TO CLOSE

This means you now have Full Loan Commitment & a REASON TO CELEBRATE! As you prepare for the closing of your new home, the lender will be working with you closely to ensure all required documents are in, and confirm the amount you need to bring to closing.

CLOSING - CONGRATS!!

All your time and efforts have paid off! Make sure to bring your driver’s license or official photo ID and wire funds in advance or have a cashiers check made payable to the title company for the down payment and closing costs. At the end of closing, you’ll walk out with the keys to your new home!

THEBARTICGROUP.COM | 720.208.7200

Results That MOVE You

720.208.7200 TheBarticGroup.com A Veteran Owned Business

Client 1 Page 8185 Briar Cliff Drive Lot 15, Castle Pines, CO 80108 (Status: Active, Listing ID: 8894892) County: Douglas List Price: $895,000 Property Type: Residential Original List Price: $895,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2000 Subdivision Name: Castle Pines North Listing Contract Date: 03/10/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $700.00 Tax Annual Amt: $3,590 Tax Year: 2020 Tax Legal Desc: LOT 15 BLK 3 CASTLE PINES NORTH #17A. 0.164 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 3,516 Living Area (SqFt Finished): 3,357 Above Grade Finished Area: 2,606 Below Grade Total Area: 910 Below Grade Finished Area: 751 Below Grade Unfinished Area: 159 PSF Total: $255 PSF Finished: $267 PSF Above Grade: $343 Basement: Crawl Space, Finished, Interior Bsmnt Ceiling Ht: Entry/Standard, Partial, Sump Pump Foundation: Fireplace: 1/Family Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Audio/Video Controls, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Radon Mitigation System, Sound System, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Smart Appliances, Sump Pump, Washer Flooring: Carpet, Laminate, Tile, Wood Furnished: Unfurnished Exclusions: Refrigerator in basement, freezer in garage, placard sign outside front door and Home Theatre System in basement.

Bed & Bath Summary Bedrooms Total: 5 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 $350.00 SemiAssoc 1 Fee/Frequency: Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Annually Assoc Fee Incl: Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Yes Rentals Allowed: Site & Location Information Lot Size: 0.16 Acres / 6,970 SqFt Waterfront Feat: Lot Features: Landscaped, Many Trees, Master Planned, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Horse: No Ski Features: Elementary School: Timber Trail / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Rocky Heights / Douglas RE-1 High School: Rock Canyon / Douglas RE-1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: South View: Construction Materials: Frame Roof: Composition Exterior Features: Fire Pit, Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks A well-maintained, renovated home with a recently completed basement is currently on the market. The beautiful property was recently painted in 2020.

Cottonwood, cherry blossom, evergreens, ash & even a few pear trees may be found in mature landscaping. It's been updated with new carpet & hardwood floors throughout and letting in plenty of natural light with the new blinds. Granite countertops and...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 03/14/2022 12:08:12 PM

Single-Family Homes

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

Castle Rock, CO

This week the median list price for Castle Rock, CO is $842,598 with the market action index hovering around 89.

This is an increase over last month's market action index of 85. Inventory has decreased to 65.

Real-Time Market Profile Median List Price

$842,598

Market Action Index

Median Price of New Listings

$709,450

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

Per Square Foot

$268

Average Days on Market

41

Median Days on Market

7

Price Decreased

6%

Price Increased

14%

Relisted

5%

Inventory

65

Median Rent

$2,695

Market Action

89

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

89

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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

$3,100,000

8,253

1 - 2.5 acres

5

6.5

18

3

1

24

$1,149,461

4,798

0.25 - 0.5 acre

4

4

13

6

9

7

$720,340

3,381

6,500 - 8,000 sqft

4

3

6

8

9

3

$620,000

2,184

6,500 - 8,000 sqft

3

3

20

11

13

0

Mon Mar 14 2022

2 of 6

Single-Family Homes

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

Castle Rock, CO

Median List Price

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $900K

$800K

$700K

$600K

$500K Mar 2019

Aug 2019

Dec 2019

Apr 2020

Aug 2020

7-Day Average

Dec 2020

Apr 2021

Aug 2021

Dec 2021

90-Day Average

Segments

Price at the upper end of the market are showing signs of strength. While this strength hasn’t percolated through to Quartiles 3 and 4 yet, expect the low end of the market to follow up. $3.0M

$2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 Mar 2019

Aug 2019

Dec 2019

Top 90-Day

Apr 2020

Aug 2020

Upper 90-Day

Dec 2020

Lower 90-Day

Mon Mar 14 2022

Apr 2021

Aug 2021

Dec 2021

Bottom 90-Day

3 of 6

Single-Family Homes

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

Castle Rock, CO

Price Per Square Foot

The value placed on homes continues to increase, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices. $275

$250

$225

$200

$175

$150

$125 Mar 2019

Aug 2019

Dec 2019

Apr 2020

Aug 2020

7-Day Average

Dec 2020

Apr 2021

Aug 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.

500

400

300

200

100

0 Mar 2019

Aug 2019

Dec 2019

Apr 2020

Aug 2020

7-Day Average

Dec 2020

Apr 2021

Aug 2021

Dec 2021

90-Day Average

Mon Mar 14 2022

4 of 6

Single-Family Homes

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

Castle Rock, CO

Market Action Index

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

120

100

80

60

40

20 Mar 2019

Aug 2019

Dec 2019

Apr 2020

Aug 2020

7-Day Average

Dec 2020

Apr 2021

Aug 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 Mar 2019

Aug 2019

Dec 2019

Top 90-Day

Apr 2020

Aug 2020

Upper 90-Day

Dec 2020

Lower 90-Day

Mon Mar 14 2022

Apr 2021

Aug 2021

Dec 2021

Bottom 90-Day

5 of 6