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Comparative Market Analysis Prepared for

Medora Sheehan

For property at

5082 HANGING MOSS LANE

CLAUDE PIERRE GRI SFR CP REALTY INTERNATIONAL 7061 S.Tamiami Trail Suite 201 Sarasota, FL 34231 Phone: 941-685-8441 Cell: 941-685-8441 Email: claudejpierre@gmail.com Web: www.ClaudePierre.com


January 11, 2012

Medora Sheehan 5082 Hanging Moss Sarasota, Fl 34238

Dear Medora, I appreciate the opportunity to provide you with a Comparative Market Analysis for your property. Prepared exclusively for you, this analysis contains a summary of the recent real estate transactions in your area for properties that are similar to yours. While none of the properties included in this analysis is exactly like yours, they do provide a good basis by which to compare your property with the 'competition'. The following pages contain descriptions of each property whether it is currently available for sale, recently sold, or was listed but did not sell. A short description of each property is provided, followed by a summary table of each property's key features, which allows you to easily compare the features of your property with others in your area. Your property may have special features or improvements that could substantially affect the price range in which it should be listed. We will discuss pricing in more detail after you have had a chance to review the enclosed information. Please give me a call if you have any questions or would like any additional information. I look forward to working with you and selling your property quickly.

Sincerely,

CLAUDE PIERRE GRI SFR CP REALTY INTERNATIONAL 7061 S.Tamiami Trail Suite 201 Sarasota, FL 34231 941-685-8441 941-685-8441 claudejpierre@gmail.com Web Site: www.ClaudePierre.com


Comparative Market Summary - Active ML #

Status

#Beds

#Baths: F/H

8336 CANARY PALM CT, SARASOTA 34238 #A3947544 ACT 3 2/0 Subdivision: SAVANNAH AT TURTLE ROCK

SqFt

YrBlt

List Price

1,698

1998

$229,900 LP/SFT: $135.39

Copyright 2012 Mid-Florida Regional MLS, Inc. Information deemed reliable but not guaranteed.

Total Listings:

1

DOM

149

01/11/2012

9:41 PM

Total SqFt

List Price

DOM

Average:

1,698

$229,900

149

Minimum:

1,698

$229,900

149

Maximum:

1,698

$229,900

149

Median:

1,698

$229,900

149

These properties are your competition. A potential purchaser will compare your home to homes similar to these when trying to decide which to buy. Take a look at these homes, if only on paper. Try to be objective and ask yourself, "Which home is the best value?" Is it yours? If not, these other homes may sell before yours. But don't forget that the "List Prices" of these homes represent what the sellers WANT for their home, not necessarily what they are really going to get if they sell their home. So when setting the price of your home, don't simply look at the LIST PRICE of the other comparable homes, look at the SALE PRICE of comparable homes to yours that actually SOLD!


Comparative Market Summary - Pendings ML #

Status

#Beds

#Baths: F/H

SqFt

4886 SABAL LAKE CIR, SARASOTA 34238 #A3940796 PNC 3 2/0 Subdivision: TURTLE ROCK I & J

2,082

5022 HANGING MOSS LN, SARASOTA 34238 #A3947538 PNC 2 2/0 Subdivision: SAVANNAH AT TURTLE ROCK

1,647

5045 TIMBER CHASE WAY, SARASOTA 34238 #A3943197 PNC 3 2/0 Subdivision: TURTLE ROCK UNIT 3

2,110

YrBlt 2001

1997

1998

List Price

Sale Pr.

$222,000 LP/SFT: $106.63

SP/SFT: $0.00

206

$239,000 LP/SFT: $145.11

SP/SFT: $0.00

125

$299,000 LP/SFT: $141.71

SP/SFT: $0.00

250

Copyright 2012 Mid-Florida Regional MLS, Inc. Information deemed reliable but not guaranteed.

Total Listings:

3

DOM

01/11/2012

9:41 PM

Total SqFt

List Price

Sale Price

DOM

Average:

1,946

$253,333

$0

0

Minimum:

1,647

$222,000

$0

0

Maximum:

2,110

$299,000

$0

0

Median:

2,082

$239,000

$0

0

These properties are your competition. A potential purchaser will compare your home to homes similar to these when trying to decide which to buy. Take a look at these homes, if only on paper. Try to be objective and ask yourself, "Which home is the best value?" Is it yours? If not, these other homes may sell before yours. But don't forget that the "List Prices" of these homes represent what the sellers WANT for their home, not necessarily what they are really going to get if they sell their home. So when setting the price of your home, don't simply look at the LIST PRICE of the other comparable homes, look at the SALE PRICE of comparable homes to yours that actually SOLD!


Comparative Market Summary - Solds ML #

Status

#Beds

#Baths: F/H

SqFt

YrBlt

List Price

Sale Pr.

DOM

5029 HANGING MOSS LN, SARASOTA 34238 #A3919986 SLD 3 2 Subdivision: SAVANNAH AT TURTLE ROCK

2,016

1996

$249,900 LP/SFT: $123.96

$245,000 SP/SFT: $121.53

01/12/11 355

8199 NICE WAY, SARASOTA 34238 #A3921357 SLD 3 2 Subdivision: TURTLE ROCK G, SOMERSET

1,914

1998

$274,000 LP/SFT: $143.16

$262,000 SP/SFT: $136.89

07/28/10 163

8336 CANARY PALM CT, SARASOTA 34238 #A3900839 SLD 2 2 Subdivision: SAVANNAH AT TURTLE ROCK

1,698

1998

$279,000 LP/SFT: $164.31

$181,000 SP/SFT: $106.60

08/12/11 943

5127 HANGING MOSS LN, SARASOTA 34238 #A3919423 SLD 3 2/1 Subdivision: SAVANNAH AT TURTLE ROCK

2,090

2000

$295,000 LP/SFT: $141.15

$266,500 SP/SFT: $127.51

03/25/10 71

Copyright 2012 Mid-Florida Regional MLS, Inc. Information deemed reliable but not guaranteed.

Total Listings:

01/11/2012

9:41 PM

4 Total SqFt

List Price

Sale Price

DOM

Average:

1,930

$274,475

$238,625

383

Minimum:

1,698

$249,900

$181,000

71

Maximum:

2,090

$295,000

$266,500

943

Median:

1,965

$276,500

$253,500

259

These properties are your competition. A potential purchaser will compare your home to homes similar to these when trying to decide which to buy. Take a look at these homes, if only on paper. Try to be objective and ask yourself, "Which home is the best value?" Is it yours? If not, these other homes may sell before yours. But don't forget that the "List Prices" of these homes represent what the sellers WANT for their home, not necessarily what they are really going to get if they sell their home. So when setting the price of your home, don't simply look at the LIST PRICE of the other comparable homes, look at the SALE PRICE of comparable homes to yours that actually SOLD!


Comparative Homes No Photo Available

Address Ref # Subdivision List Price Low Price Status Property Style Unit # Condo Bldg Make/Model Size (Mobile Home) Year Built SqFt Heated Bedrooms Baths Full/Half Additional Rooms Lot Dimensions Taxes Tax Year Homestead Heating & Fuel Air Conditioning Pool Y/N - Type Water Frontage Water Access Water Extras Prop. Desc. Interior Floor Covering Fireplace Windows Appliances Exterior Features Garage/Carport Location Front Exposure Community Features Sold Price $LP/SF $SP/SF SP/$LP Ratio Sold Date DTC

5082 HANGING MOSS LANE

8336 CANARY PALM CT

4886 SABAL LAKE CIR

SAVANNAH AT TURTLE ROCK

A3947544 SAVANNAH AT TURTLE ROCK $229,900

A3940796 TURTLE ROCK I & J $222,000

Active

Pending

Single Family Home

Single Family Home

Single Family Home

1997 1,854 2 2/1 Den/Library/Office

1998 1,698 3 2/0

2001 2,082 3 2/0

$2,459 2011 Y

$2,903 2010 N Central

$2,946 2010 Y Central, Fuel - Gas Natural

Central

Central N

Central N

One Story Blinds/Shades, Cathedral/Vaulted Ceiling

One Story Blinds/Shades, Ceiling Fan(s)

Carpet

Wood

Dishwasher Gutters / Downspouts 2 Car Garage Close to Bus Line Northeast Deed Restrictions

Dishwasher Patio/Porch Open 2 Car Garage Greenbelt View South Deed Restrictions

$135.39

$106.63

0.00%

0.00%

2 Car Garage In County Gated Community

--

205

Copyright 2012 Mid-Florida Regional MLS, Inc. All rights reserved. Information is believed to be accurate but should not bePM relied upon wi 01/11/2012 9:41


Comparative Homes

Address

5022 HANGING MOSS LN

5045 TIMBER CHASE WAY

5029 HANGING MOSS LN

Ref # Subdivision List Price Low Price Status

A3947538 SAVANNAH AT TURTLE ROCK $239,000

A3943197 TURTLE ROCK UNIT 3 $299,000

A3919986 SAVANNAH AT TURTLE ROCK $249,900

Pending

Pending

Sold

Property Style Unit # Condo Bldg Make/Model

Single Family Home

Single Family Home

Single Family Home

1997 1,647 2 2/0 Inside Utility

1998 2,110 3 2/0 Den/Library/Office

1996 2,016 3 2 Den/Library/Office

$2,405 2010 Y Central

$3,059 2010 Y Central, Fuel - Gas Natural

$3,788 2009

Air Conditioning Pool Y/N - Type Water Frontage Water Access Water Extras Prop. Desc. Interior

Central N

Central N

Central N Spa

One Story Blinds/Shades, Ceiling Fan(s)

One Story Solid Surface Counters, Tray Ceiling

In Wall Pest System, Furnished

Floor Covering Fireplace Windows Appliances Exterior Features Garage/Carport Location Front Exposure Community Features

Carpet

Ceramic Tile

Carpet

Dishwasher Gutters / Downspouts 2 Car Garage Greenbelt View North Association Recreat

Dishwasher Sliding Doors 2 Car Garage Sidewalk Southwest Tennis Courts

Dishwasher French Doors 2 Car Garage Greenbelt Southwest Cable

$145.11

$141.71

0.00%

0.00%

125

250

Size (Mobile Home) Year Built SqFt Heated Bedrooms Baths Full/Half Additional Rooms Lot Dimensions Taxes Tax Year Homestead Heating & Fuel

Sold Price $LP/SF $SP/SF SP/$LP Ratio Sold Date DTC

Central, Fuel - Electric

$245,000 $123.96 $121.53 98.04% 01/12/11 179

Copyright 2012 Mid-Florida Regional MLS, Inc. All rights reserved. Information is believed to be accurate but should not bePM relied upon wi 01/11/2012 9:41


Comparative Homes

Address

8199 NICE WAY

8336 CANARY PALM CT

5127 HANGING MOSS LN

Ref # Subdivision List Price Low Price Status

A3921357 TURTLE ROCK G, SOMERSET $274,000

A3900839 SAVANNAH AT TURTLE ROCK $279,000

A3919423 SAVANNAH AT TURTLE ROCK $295,000

Sold

Sold

Sold

Property Style Unit # Condo Bldg Make/Model

Single Family Home

Single Family Home

Single Family Home

1998 1,914 3 2

1998 1,698 2 2 Foyer

2000 2,090 3 2/1 Foyer

$2,900 2009

$2,904 2010

Fuel - Electric, Heat Pump

Central, Fuel - Electric

$3,147 2009 Y Central, Fuel - Gas Natural

Air Conditioning Pool Y/N - Type Water Frontage Water Access Water Extras Prop. Desc. Interior

Central N

Central N

Central N

One Story Attic, Blinds/Shades

One Story Solid Surface Counters, Walk In Closet

One Story Blinds/Shades, Cathedral/Vaulted Ceiling

Floor Covering Fireplace Windows Appliances Exterior Features Garage/Carport Location Front Exposure Community Features

Carpet

Sold Price $LP/SF $SP/SF SP/$LP Ratio Sold Date DTC

Size (Mobile Home) Year Built SqFt Heated Bedrooms Baths Full/Half Additional Rooms Lot Dimensions Taxes Tax Year Homestead Heating & Fuel

Dishwasher Gutters / Downspouts 2 Car Garage Sidewalk

Carpet

Dishwasher

Deed Restrictions

2 Car Garage Conservation Area Northeast Tennis Courts

Dishwasher Gutters / Downspouts 2 Car Garage Greenbelt South Deed Restrictions

$262,000 $143.16 $136.89 95.62% 07/28/10 114

$181,000 $164.31 $106.60 64.87% 08/12/11 913

$266,500 $141.15 $127.51 90.34% 03/25/10 39

Copyright 2012 Mid-Florida Regional MLS, Inc. All rights reserved. Information is believed to be accurate but should not bePM relied upon wi 01/11/2012 9:41


Comparable Property Location Prepared for Medora Sheehan

Comparable Address

# Beds

SqFt

8336 CANARY PALM CT

3

1,698

Days on Market

$229,900

List Price

Sale Price

4886 SABAL LAKE CIR

3

2,082

$222,000

5022 HANGING MOSS LN

2

1,647

$239,000

5045 TIMBER CHASE WAY

3

2,110

5029 HANGING MOSS LN

3

2,016

355

$249,900

$245,000

8199 NICE WAY

3

1,914

163

$274,000

$262,000

8336 CANARY PALM CT

2

1,698

943

$279,000

$181,000

5127 HANGING MOSS LN

3

2,090

71

$295,000

$266,500

$299,000

CLAUDE PIERRE GRI SFR, CP REALTY INTERNATIONAL 7061 S.Tamiami Trail Suite 201, Sarasota, FL 34231 Office: 941-685-8441 | Cell: 941-685-8441


Pricing Your Property Prepared for Medora Sheehan

General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale.

Market Statistics... Sell Price Statistics Average Price: High Price: Median Price: Low Price:

Sell Price Per Sq. Ft. Statistics

$238,600 $266,500 $253,500 $181,000

Average Price/Sq Ft: High Price/Sq Ft: Median Price/Sq Ft: Low Price/Sq Ft:

$123 x 1,854 $136.89 x 1,854 $124.52 x 1,854 $107 x 1,854

$228,300 $253,800 $230,900 $197,600

Figures are based on selling price after adjustments, and rounded to the nearest $100.

Summary... Analysis of the selected comparable properties suggest similar properties are selling in the price range of: $181,000 to $266,500

Recommend Price: $238,600

CLAUDE PIERRE GRI SFR, CP REALTY INTERNATIONAL 7061 S.Tamiami Trail Suite 201, Sarasota, FL 34231 Office: 941-685-8441 | Cell: 941-685-8441


Preparing Your Home Prepared for Medora Sheehan

Exterior The condition of your home's exterior is most important when it comes to buyer appeal. - House number should be easy to read - Lights on timers to ensure house is lit up after sunset - Eaves troughs, and down spouts in good repair - Garage/car port clean and tidy - Litter picked up - Cracked or broken window panes replaced - Doorbell and door hardware in good repair - Touch up trim paint on doors, window frames, fascia, etc. - Mow, edge and weed the lawn frequently until the home is sold. - Overgrown shrubbery should be cut back to show as much of the exterior as possible. - A low-cost investment in seasonal flowers or ground cover will add a personal touch. - Inspect the roof for necessary repairs and any visible broken shingles or tiles. - Stucco water stains can be repaired using a mild bleaching agent. - Fences should be mended and painted. - Wash all windows inside and outside. Interior Warm and welcoming! - Lights should be on and drapes should be left open during daylight - Heat set at a comfortable temperature - Fresh flowers/plants in various rooms - Chipped plaster and paint touched up and repaired - Doors and cupboards properly closed - Leaky taps and toilets repaired - Burned out light bulbs replaced - Squeaky doors oiled - Mirrors, fixtures, and taps cleaned and polished - Seals around tubs and basins in good repair - Floors cleaned, garbage containers emptied - Inside of closets and cupboards neat and tidy - Valuable property, out of reach, out of sight, or locked away - Pets absent, where possible, or contained during showings - All torn screens should be repaired or replaced. - Avoid repainting the entire house unless current colors are very loud or offbeat. - White or light pastels are the easiest to work with and they make your rooms look larger. - Fireplace lit in cooler weather - Air conditioner turned on in warm weather - Countertops neat and polished - Appliances cleaned - Inside of closets and cupboards neat and tidy

CMA  

Cma for 5082 Hanging Moss