CMA prepared for Theresa Pruett

Page 1

Comparative Market Analysis 9011 192nd Street Southwest, Edmonds, Washington 98026 Theresa Pruett FEBRUARY 23, 2024
L Scott
John
Garka
Kelsey

L E T S W O R K T O G E T H E R

I am grateful for the opportunity to present my business plan to you. To keep you well-informed about the current state of the market, I have prepared a comparative market analysis (CMA) exclusively for you. With numerous properties available today, each offering unique amenities, sizes, and values, this CMA will equip you with the necessary information to accurately price yourhomewithintoday'smarketrange.

Home buyers engage in extensive comparison shopping, so it is crucial to set the right price for your home from the start and ensure it is in great condition for showings. While there is a wide range of homes available across different price points, those that are appropriately priced andwell-presentedtendtoattractqualifiedbuyers. This package also includes a comprehensive copy of my personalized marketing plan. We will thoroughly review it together, allowing you to gain confidence in entrusting the sale of your home to me I am confident that once you review the plan, you will be extremely satisfied with myapproachtomarketingyourhome.

My ultimate goal is to assist you in selling your home quicklyandatafairmarketvalue.Ieagerlyanticipatethe opportunitytocollaboratewithyou

Sincerely,

CARRIE FREEMAN

Your Local Real Estate Expert

Thank you for the opportunity!

I represent Sellers in King & Snohomish county, as well as the surrounding areas. With over two decades of experience, I strive to obtain the highest net price in the shortest amount of time With my teams combination of preparatory advice, professional photography, 3D virtual tours, drone photography and internet marketing, this places your home in front of the most qualified buyers. Having the years of experience that I do is a proven asset for my clients as there is so much more that goes into a listing than placing a sign in the yard. I have the proven experience of negotiation techniques that will bring you the very most for your home. A little about me, I am a born & raised true Seattleite and have over 20 years of experience in Real Estate/New Home Construction & Interior Design. I have also been a part of the National TV Show "The American Dream " I am among the top 1% Realtors in Washington State and the Nation. I have also owned & operated my own Interior Design and staging company which is an asset when selling your home. I take pride in offering high-caliber, full service real estate expertise. My clients are my top priority and I focus on delivering the best possible results for them. I look forward to working with you!

-
@carriefreeman c o n t a c t i n f o
carriefreeman@johnlscott com carriefreeman johnlscott com @carriefreemanrealestate @carriefreemanrealestate @carrieleighfreeman

YOUR SUCCESS TEAM

Kelsey Garka

REAL ESTATE AGENT

425-210-4044

kelseygarka@johnlscott.com.

DESIGNATED BROKER

425-530-5798

matthewvoss@johnlscott com

Moria Berg

TC Admin / Assistant

425-299-3377

nicoleblondin@johnlscott com

360-217-8670

lindseyschwarze@johnlscott com

Carrie Freeman

206 355

MATHEW VOSS LINDSEY SCHWARZE MARKETING COORDINATOR
6230 CARRIEFREEMAN@JOHNLSCOTT COM

2024 CUSTOM

Comparative Market Analysis
Comparable Listings MLS # STATUS S S S S P P John L Scott Cell: 4252104044 kelseygarka@johnlscott com ADDRESS BEDS BATHS STATUS: S = SOLD SQFT P = PENDING PRICE 1 2 3 4 5 6 7 Subject 218873 0 212936 3 206328 4 206335 3 219194 3 218270 1 9011 192nd St SW 8715 185th Place SW 9212 192nd Place SW 9037 186th Place SW 19226 91st Avenue W 8819 184th Street SW 9123 196th Street SW 4 5 5 4 4 5 3 3.5 0 2.5 0 3.0 0 2 5 0 2.2 5 3 0 0 3 0 0 3,50 4 3,43 4 3,44 8 2,95 1 2,54 6 3,28 8 3,09 5$1,445,000 $935,000 $1,510,000 $1,275,000 $994,950 $1,650,000 9011 192nd Street Southwest, Edmonds, Washington 98026 2 Kelsey Garka
Map of
Comparative Market Analysis
Comparable Properties S P SOLD LISTINGS PENDING LISTINGS ADDRESS ADDRESS John L Scott Cell: 4252104044 kelseygarka@johnlscott com SOLD DATE SOLD DATE BEDS BEDS BATHS BATHS SQFT SQFT SOLD PRICE PRICE $/SQ F T $/SQ F T 8819 184th Street SW 9123 196th Street SW 8715 185th Place SW 9212 192nd Place SW 9037 186th Place SW 19226 91st Avenue W 2/7/24 8/7/23 5/17/23 6/12/235 5 4 4 5 3 2 5 0 3.0 0 2 5 0 2.2 5 3 0 0 3 0 0 3,43 4 3,44 8 2,95 1 2,54 6 3,28 8 3,09 5 $1,445,000 $935,000 $1,510,000 $1,275,000 $994,950 $1,650,000 $42 1 $27 1 $51 2 $50 1 $30 3 $53 3 Averages Averages 3,094 3,191 $1,291,250 $1,322,475 $426 $418 9011 192nd Street Southwest, Edmonds, Washington 98026 3 Kelsey Garka
Summary of

Comparable Properties

Comparative Market Analysis
8715 185th Place SW Edmonds, 98026 SOLD 2/7/24 Details
192nd Place SW
186th Place SW Edmonds, 98020 SOLD 8/7/23 Edmonds, 98026 SOLD 5/17/23 MLS # List Price Sold Price Adjusted Price Sold Date $/Sqft DOM Year Built Sqft Lot Size (sqft) Area Taxes Beds Baths Garages Acres 2188730 $1,488,000 $1,445,0002/7/24 $421 4 1976 3,434 12,197 730 - Southwest Snohomish 7517 0 5 2.50 2 0 28004312 View Luxury Estates MLS #2129363 List Price$935,000 Sold Price$935,000 Adjusted PriceSold Date8/7/23 $/Sqft $271 DOM 15 Year Built1956 Sqft 3,448 Lot Size (sqft)26,136 Area730 - Southwest Snohomish Taxes 688 0 Beds 5 Baths 3.00 Garages 3 Acres 0 60008256 Windermere Real Estate GH LLC MLS # List Price Sold Price Adjusted Price Sold Date $/Sqft DOM Year Built Sqft Lot Size (sqft) Area Taxes Beds Baths Garages Acres 9011 192nd Street Southwest, Edmonds, Washington 98026 4 2063284 $1,350,000 $1,510,0005/17/23 $512 5 1978 2,951 13,504 730 - Southwest Snohomish 7886 0 4 2.50 2 0 31005184 Windermere RE North, Inc. Kelsey Garka John L Scott Cell: 4252104044 kelseygarka@johnlscott com
9212
9037

Comparable Properties

19226

8819

9123

Comparative Market Analysis
91st Avenue W Edmonds, 98026 SOLD 6/12/23 Details
184th Street SW
196th Street SW Edmonds, 98026 PENDING 1/21/24 Edmonds, 98026 PENDING 2/3/24 MLS # List Price Sold Price Adjusted Price Sold Date $/Sqft DOM Year Built Sqft Lot Size (sqft) Area Taxes Beds Baths Garages Acres 2063353 $1,300,000 $1,275,0006/12/23 $501 7 1962 2,546 16,117 730 - Southwest Snohomish 5193 0 4 2.25 2 0 37004632 COMPASS MLS # List Price Sold Price Adjusted Price Sold Date $/Sqft DOM Year Built Sqft Lot Size (sqft) Area Taxes Beds Baths Garages Acres 2191943 $994,950-$303 3 1963 3,288 9,148 730 - Southwest Snohomish 6801 0 5 3.00 2 0 21003808000000002 The Preview Group MLS # List Price Sold Price Adjusted Price Sold Date $/Sqft DOM Year Built Sqft Lot Size (sqft) Area Taxes Beds Baths Garages Acres 9011 192nd Street Southwest, Edmonds, Washington 98026 5 2182701 $1,650,000-$533 57 2001 3,095 41,818 730 - Southwest Snohomish 8220 0 3 3.00 2 0 96014128 RE/MAX Northwest Kelsey Garka John L Scott Cell: 4252104044 kelseygarka@johnlscott com
Comparative Market Analysis Comparable Property Statistics S P 4 Sold Listings 2 Pending Listings LOWEST LOWEST LOWEST LOWEST John L Scott Cell: 4252104044 kelseygarka@johnlscott com AVERAGE AVERAGE AVERAGE AVERAGE HIGH HIGH HIGH HIGH AVG DOM AVG DOM $935,000 $935,000 $994,950 $994,950 $0 $0 $1,291,250 $1,322,475 $1,510,000 $1,510,000 $1,650,000 $1,650,000 AVG PRICE / SQFT $426 AVG PRICE / SQFT $426 AVG PRICE / SQFT $418 AVG PRICE / SQFT $418 8 8 AVG DOM 30 AVG DOM 30 9011 192nd Street Southwest, Edmonds, Washington 98026 6 Kelsey Garka

Sold Property Analysis

Averages

100.25% 8

Homes sold for an average of 100 25% of their list price

Days on market

It took an average of 8 days for a home to sell.

Comparative Market Analysis
ADDRESSORIG LIST PRICESOLD PRICE 8715 185th Place SW$1,488,000$1,445,000 9212 192nd Place SW$995,000$935,000 9037 186th Place SW$1,350,000$1,510,000 19226 91st Avenue W$1,300,000$1,275,000
Analysis
Averages $1,283,250$1,291,250
Kelsey Garka
John L Scott Cell: 4252104044 kelseygarka@johnlscott com % OF ORIG LIST PRICE DOM $ PER SQFT 97 11% 93 97% 111.85% 98.08% 4 15 5 7 8 $42 1 $27 1 $51 2 $50 1 100.25% $426 9011 192nd Street Southwest, Edmonds, Washington 98026 7

Average Price Per Sq Ft

$426 Sqft.

Comparable homes sold for an average of $426 / sq ft Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.

Comparative Market Analysis
ADDRESS John L Scott Cell: 4252104044 kelseygarka@johnlscott com STATUS SOLD PRICE SQ FT $/SQ F T 1 2 3 4 5 6 8715 185th Place SW 9212 192nd Place SW 9037 186th Place SW 19226 91st Avenue W 8819 184th Street SW 9123 196th Street SW Sold Sold Sold Sold Pending Pending $1,445,000 $935,000 $1,510,000 $1,275,0003,43 4 3,44 8 2,95 1 2,54 6 3,28 8 3,09 5 $42 1 $27 1 $51 2 $50 1 $30 3 $53 3 Averages $1,291,250 3,127 $423 9011 192nd Street Southwest, Edmonds, Washington 98026 8 Kelsey Garka

MarketingStrategy and Important Information

Listing Services Professional Photography Cinematic Video Drone Footage Window Washing Professional Cleaning Complimentary Staging Open Houses Community Outreach Custom Website Premier Marketing Materials Social Media Reach

My Personalized Marketing Plan for Your Home

Go Live

First week of marketing will include my listing launch, open houses if desired and Facebook/Instagram boosts

Target Market

Move up buyer/move down buyer. I will target specific people who will be interested in your home (specific key searches, family type, pull from my database of personal buyers)

Reverse Prospecting

Through the MLS, I can contact brokers or clients who have viewed the listing

Second Target Market

Additional Facebook boosting (ex. ads, videos, etc.). Expanding our demographic reach in the process.

Broker to Broker Networking

If a broker has shown the home to their clients, I will contact each broker personally to discuss their clients interest.

Weekly Updates

Every Friday you can expect a weekly update from me on the status of your listing.

THE STEPS TO YOUR SUCCESSFUL HOME SALE

Use this roadmap as a quick overview of the selling process If you have any questions, please reach out to me!

3 2 1

CHOOSE YOUR AGENT PRICING

Find a great realtor that you ' re comfortable working with

We will work together to price your home competitively

STAGING

We will prepare your home for showings

4 5 6

SHOWINGS

Be as flexible as possible to get the most potential buyers viewing your home

MARKETING LISTING

Your home is live now and viewable by potential buyers

I will ensure that your home is marketed across multiple platforms for maximum exposure

7 9 8

OFFERS

I will help you consider all offers presented and negotiate fairly

UNDER CONTRACT

The contract becomes binding after you and the buyer agree on the contract terms

10

CLOSING

You attend the signing for

FINAL DETAILS

Start packing and be prepared for possible delays

ThingstoKnow

AboutZillow

Zillow is not the right place for you to find the latest and most accurate information.

Onlylocalrealestatebrokersand agentshavedirectaccesstothe NWMLS*whichhasthemostup todateinformationonlistings.

Zillow is often inaccurate.

Manyofthehomesforsale thatZillowshowsasActive, haveeitherbeensold,expired orpossiblyevenlistedwitha differentrealestateagent In additiontothetonsof incorrectlistings.

Zillow doesn't represent you.

ABetterAlternative

JohnL.Scott’s PropertyTracker®

Youcan: Alocalrealestatebrokercan legallyrepresentyouina purchaseorsaleagreement. Evenifyoudosearchforlocal listingsonZillow,theyare collectinginformationto distributetotheiradvertisersand clearlystateintheirTermsofUse thatthey“donotrepresentyou” and“assumenoresponsibility” basedontheirservices.

*TheNorthwestMultipleListingService (NWMLS)isourlocaldatabaseusedbyreal estatebrokerstoprovidedataaboutproperties forsaleinrealtime

Save your favorite property listings andmakenotes

Savecustomsearchesusingmaparea andcriteria

Receivenotificationsfornewlistings addedtoyoursavedsearches

Communicate with your broker in an instant

PropertyTracker®isavailableonallAppleand Androiddevicesandat johnlscott com/propertytracker

T H A N K Y O U S O M U C H

Iwouldliketoextendmyheartfeltthanksforallowing metheopportunitytomeetwithyouanddiscussthe potentiallistingofyourproperty.Itwasapleasure presentingmycomparativemarketanalysis,market strategy,andofferinginsightsintorealestatematters.

Yourcommitmenttoreviewingthematerialsprovided speaksvolumesaboutyourdedicationtomaking informeddecisionsintherealestateprocess.Iam genuinelyexcitedaboutthepossibilityof collaboratingwithyoutoachieveyourrealestate goals

Shouldyouhaveanyfurtherinquiriesorrequire additionalinformation,pleasefeelfreetoreachoutto meandmyteam.Iamfullycommittedtodelivering thehighestlevelofserviceandexpertisethroughout ourcollaboration.

Thankyouonceagainforconsideringmyservices.I lookforwardtotheprospectofworkingtogetherto ensureasuccessfulrealestatetransaction.

Sincerely,

Carrie Freeman

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