3746 S. Nelson Way Comparative Market Analysis

Researched and prepared by

Marion Boston Prepared exclusively for

Theresa Riddle

Subject Property

3746 S Nelson WAY LAKEWOOD, COLORADO 80235

Prepared on August 05, 2022 Marion Boston Your Castle Real Estate Inc 2755 S LOCUST ST STE 150 DENVER, CO 80222 720-671-0839 marion@weevolv.co https://www.homesnap.com/Marion-Boston Copyright: 2022 All rights reserved.

This is a broker price opinion or comparative market analysis and should not be considered an appraisal or opinion of value. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Market Analysis Explanation This is an explanation and overview of this market analysis.

This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear.

This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that were recently sold 3. Comparable homes that failed to sell Looking at similar homes that are currently offered for sale , we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home.

Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers.

Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers.

This Comparative Market Analysis has been carefully prepared for you , analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY, LAKEWOOD 80235

Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.

Closed Listings Address 3746 S Nelson WAY 10115 W Keene Avenue 3725 S Moore Street 10076 W Keene Avenue 3779 S Miller Court 3686 S Newcombe Way Averages:

Comparable Price Adjusted Comparable Price

Price

$525,000 $572,100 $578,200 $605,000 $681,000 $592,260

Bd 3 4 4 4 4 4 4.0

Bth 2 2 2 2 2 2 2.0

Abv Area 1794 1,771 1,760 1,809 1,792 1,809 1,788

Ttl Area 1794 1,771 1,760 1,809 1,792 1,809 1,788

PSF Abv 1794 $ 296.44 $ 325.06 $ 319.62 $ 337.61 $ 376.45 $331.04

PSF Ttl 1794 $ 296.44 $ 325.06 $ 319.62 $ 337.61 $ 376.45 $331.04

DIM

Close Date

18 4 7 4 4

06/27/2022 02/17/2022 07/13/2022 06/10/2022 05/13/2022

Low

Median

Average

High

Count

$525,000

$578,200

$592,260

$681,000

5

$21,580,933

$465,323

$4,818,784

$6,984,845

5

On Average, the 'Closed' status comparable listings sold in 7 days for $592,260

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Price Adjustments This page outlines the subject property versus comparables properties.

3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC

10115 W Keene Avenue Details

7810848 Closed 525,000.00 House Bi-Level 4 2 1,771 1,771 1,771 0 0 Yes Finished 10,890 0.25 2 1972 Frame Forced Air Central Air Public

3725 S Moore Street Adjust

-3 41,262 41,262 41,262

Details

6129776 Closed 572,100.00 House Tri-Level 4 2 1,760 1,760 1,760

Adjust

-3 60,996 60,996 60,996

No -13,990,180

9,123 0.21 2 1972 Frame, Wood Siding Forced Air Evaporative Cooling Public

2,623,158

$525,000 $572,100 $-13,866,397 $2,806,143 $-13,341,397 $3,378,243 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Price Total Adjustments Adjusted Price

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Price Adjustments This page outlines the subject property versus comparables properties.

3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC

10076 W Keene Avenue Details

1858280 Closed 578,200.00 House Bi-Level 4 2 1,809 1,809 1,809 0 0 Yes Daylight, Finished 8,712 0.20 3 1972 Frame, Wood Siding Forced Air, Natural Gas Central Air Public

3779 S Miller Court Adjust

-3 -26,910 -26,910 -26,910

6,487,380 -2

Details

1599272 Closed 605,000.00 House Tri-Level 4 2 1,792 1,792 1,792

No Crawl Space 9,418 0.22 5 1972 Brick, Frame, Vinyl Siding Forced Air, Natural Gas Central Air Public

$578,200 $6,406,645 $6,984,845 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Price Total Adjustments Adjusted Price

Adjust

-3 3,588 3,588 3,588

-150,432 -6

$605,000 $-139,677 $465,323

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Price Adjustments This page outlines the subject property versus comparables properties.

3746 S Nelson WAY Subject Details Listing ID Status Price Structure Type HOUSE 2 Levels 3 Total Beds 2 Total Baths 1794 Abv Grd Fin Liv Area (SF Fin) 1794 1794 Area (SqFt) Tot 0 Blw Grd Finish 0 Blw Grd Unfin Basement Y/N N Basement 9402 Lot Sz SqFt 0.22 Lot Sz Acres 2 Parking Total 1972 Year Built WOOD Construction Forced Air Heating Cooling Water Source PUBLIC

3686 S Newcombe Way Details

8349542 Closed 681,000.00 House Bi-Level 4 2 1,809 1,809 1,809

Adjust

-3 -26,910 -26,910 -26,910

No 11,761 0.27 2 1973 Wood Siding Forced Air Evaporative Cooling Public

-22,181,200

$681,000 $-22,261,933 $-21,580,933 Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Price Total Adjustments Adjusted Price

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Closed Properties 10115 W Keene Avenue , Lakewood 80235 Listing ID:

7810848

Status:

CLS

Subtype:

Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.25 Remarks:

Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:

4 2 1 1 0 0

List: $550,000 Close: $525,000 Cls Date: 6/27/2022 Days in MLS: 18 Yr Blt: 1972 Parking: 2

Amazing corner lot at the end of cul-de-sac, with mountain and city views in beautiful Lakewood. This 4-bedroom, 2-bathroom home has multiple open living spaces great for entertaining. Kitchen boasts ample cabinet and counter space and room to entertain. The backyard has a deck perfect for summer BBQ's and a relaxing fire pit area. Roof, Water Heater, deck, and wood fence have all been replaced in the last 5 years. Walking distance to a playground, baseball and soccer fields, trails and disc golf. Minutes away from Red Rocks Amphitheater, Bear Creek Park, golf courses and downtown Denver. Come visit this spacious home, in a quiet neighborhood!

3725 S Moore Street , Lakewood 80235 Listing ID:

Subtype:

6129776

Status:

Single Family Residence Struct.Type: House Levels: Tri-Level Lot Size: 0.21 Remarks:

CLS

Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:

4 2 1 1 0 0

List: $540,000 Close: $572,100 Cls Date: 2/17/2022 Days in MLS: 4 Yr Blt: 1972 Parking: 2

**Professional pictures will be updated on Wednesday 1/12/22.

Gorgeous newly updated home on a large lot in the highly desired Mount Carbon Park Estates! This home has over $30k in brand new updates, including beautiful waterproof laminate flooring, granite kitchen countertops, remodeled bathrooms, new carpet, new pretty white blinds, new all-over paint inside and out! So many updates, this home just shines! Walk into the large spacious, beautifully naturally lit living room that glides you into the updated kitchen. From the kitchen, you can see into the family room on the lower level where you will also find a large bedroom and updated bathroom with laundry. Upstairs you will find a very large primary bedroom with his and hers closets and 2 additional bedrooms, as well as a large completely updated beautiful bathroom with dual sinks. In addition to this spectacular home, the location is fantastic! So many hiking/biking trails, parks, golf courses and Red Rocks is only a hop, skip, & a jump away! This home is incredible, please come see it today as it is sure to go fast!

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Closed Properties 10076 W Keene Avenue , Lakewood 80235 Listing ID:

Subtype:

1858280

Status:

Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.20 Remarks:

CLS

Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:

4 2 1 1 0 0

List: $569,900 Close: $578,200 Cls Date: 7/13/2022 Days in MLS: 7 Yr Blt: 1972 Parking: 3

LOCATION is EVERYTHING!! Conveniently settled in "Friendly Hills Subdivision", this home is a "MUST-SEE" on the edges of Lakewood, Littleton, & Morrison communities. It has great access to Hwy 285, Downtown Denver, Kipling, Red Rocks, and C-470, but remains a quiet, tucked-away neighborhood. The feel of the updates makes it "Home Sweet Home"... NEW PAINT (inside and out), ALL NEW WINDOWS (with transferrable lifetime warranty), NEW ROOF, NEW WATER HEATER/FURNACE/A/C, NEW DOORS, newer appliances, NEW FLOORING, NEW LIGHT FIXTURES, added insulation in attic, above-ground sprinkler system (front and back), added patio, radon mitigation system, and BONUS PARKING that could easily fit a utility trailer/small boat/ small RV!!!

VIVINT "Whole-House" Security system (Equipment is owned, but monitoring is $50/mo and may give a discount to buyer's homeowners insurance).Trampoline Included along with potted plants, if desired.

The beautiful foothills are just minutes away...Come see where you could be living!

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Closed Properties 3779 S Miller Court , Lakewood 80235 Listing ID:

Subtype:

1599272

Status:

Single Family Residence Struct.Type: House Levels: Tri-Level Lot Size: 0.22 Remarks:

CLS

Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:

4 2 1 1 0 0

List: $605,000 Close: $605,000 Cls Date: 6/10/2022 Days in MLS: 4 Yr Blt: 1972 Parking: 5

Move in Ready 4 bed 2 bath home on HUGE LOT! Fresh paint, gorgeous wood cabinets, hard wood floors, You don't want to miss this one! This inviting, 4-bedroom home sits on an oversized 9,418 square foot lot with a private, park-like backyard. When you enter feel the open flow, notice the beautiful bay window, hardwood flooring, and new interior paint. The welcoming kitchen features granite countertops, a newer range, and a breakfast nook/dining space that opens to the expansive yard with a covered back patio. The upper level has 3 bedrooms. The primary has 2 closets! The bright, garden-level family room features a cozy wood burning fireplace, a custom-built bookshelf, a 4th bedroom! and 3/4 bathroom.

This property is nestled on the edge of the foothills and has dedicated RV parking on the northside of the home. Easy to get around town and to the mountains.

You will love this Colorado home! Come see for yourself! Open house Saturday, May 21 11AM-2PM; Sunday 11AM-1PM

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Closed Properties 3686 S Newcombe Way , Denver 80235 Listing ID:

Subtype:

8349542

Status:

Single Family Residence Struct.Type: House Levels: Bi-Level Lot Size: 0.27 Remarks:

CLS

Bd Ttl: Bth Ttl: Bth Full: Bth 3/4: Bth 1/2: Bth 1/4:

4 2 2 0 0 0

List: $600,000 Close: $681,000 Cls Date: 5/13/2022 Days in MLS: 4 Yr Blt: 1973 Parking: 2

Beautiful and recently updated home located on a rare and incredible large lot with Greenbelt to the East and incredible view of the foothills from your large back patio. This 4 bed, 2 bath home offers amble room. The oversized 2 car garage has plenty of storage space along with an extra large 20x10 shed complete with electricity plus side gate for RV parking. Dog lovers will love the well constructed dog run in the backyard.This move-in ready home is complete with new windows, interior paint, flooring, updated staircase and railings, trim, and door handles plus bathrooms also updated. All new kitchen with updated stainless steel appliances, cabinets, and countertops. The fireplace mantle has been refinished with a repurposed bar top from the historic Curve Tavern, along with an added Drybar.

Upstairs bedrooms have updated blinds, and fans. Quality work and updating throughout and No detail was overlooked. Too many upgrades to list, come see for yourself! The location of this home is perfect for avid golfers and nature enthusiasts. Located just minutes from Foothills Golf Course and Homestead Golf Course never think twice about hitting a few balls over your lunch break.

Surrounded by walking trails and nature parks this home has everything an active family is looking for! Schedule your showing today!

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Closed Properties Total # of Listings

5

Lowest Price

$525,000

Highest Price

$681,000

Average Price

$592,260

Avg. PSF Total

$331.04

Avg DOM

7

10076 W Keene Avenue

10115 W Keene Avenue

3686 S Newcombe Way

3725 S Moore Street

3779 S Miller Court

0K

200K

400K

600K

800K 1000K 1200K

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Summary Graph/Analysis 1,000.0K

800.0K

600.0K

400.0K

200.0K

0.0K

Avg Price

Min Price

Max Price

Cumulative Analysis Listing Category

Lowest Price

Highest Price

Average Price

Avg PSF Ttl

Closed

$525,000

$681,000

$592,260

$331.04

$525,000

$681,000

$592,260

$331.04

Totals / Averages

Sold Property Analysis Address 10115 W Keene Avenue 3725 S Moore Street 10076 W Keene Avenue 3779 S Miller Court 3686 S Newcombe Way Total Averages

List Price

Close Price

DOM

CP/LP

PSF Ttl

$550,000 $540,000 $569,900 $605,000 $600,000 $572,980

$525,000 $572,100 $578,200 $605,000 $681,000 $592,260

18 4 7 4 4 7.40

95.46% 105.94% 101.46% 100.00% 113.50% 103.27%

$296.44 $325.06 $319.62 $337.61 $376.45 $331.04

Lot Sz Acres

PPA

0.25 0.21 0.20 0.22 0.27

$2,100,000 $2,724,286 $2,891,000 $2,750,000 $2,522,222

0.23

$2,597,502

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

CMA Pro Report These pages give a general overview of the selected properties.

Property Summary S

Address

Bd

Bth

Area Ttl

List

Close

Close Date

DOM

Closed C

10115 W Keene Avenue

4

2

1,771

$550,000

$525,000

06/27/2022

18

C

3725 S Moore Street

4

2

1,760

$540,000

$572,100

02/17/2022

4

C

10076 W Keene Avenue

4

2

1,809

$569,900

$578,200

07/13/2022

7

C

3779 S Miller Court

4

2

1,792

$605,000

$605,000

06/10/2022

4

C

3686 S Newcombe Way

4

2

1,809

$600,000

$681,000

05/13/2022

4

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

Number of Days In MLS This graph illustrates the number of days in the MLS for the listings in this analysis.

20

12 8

3779 S Miller CT

3725 S Moore ST

3686 S Newcombe WAY

0

10115 W Keene AVE

4

10076 W Keene AVE

Days In MLS

16

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

List Price and Close Price This graph illustrates the list price, along with close price in Closed listings.

Price Graph 700K 600K 500K 400K List Price Close Price

300K 200K 100K

rC

T

ST

ille

re

M

oo

S

M 37

79

S 25

W

37

36

86

S

N

e AY w co m

be

E AV e en Ke

W 5 11 10

10

07

6

W

Ke

en

e

AV

E

0K

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Status: Closed Listing ID

Stat Date

Address

City

7810848

06/27/2022

10115 W Keene Avenue

6129776

02/17/2022

3725 S Moore Street

1858280

07/13/2022

10076 W Keene Avenue

SqFt Tot

Bds

Bth

Lot Size

Price

DOM

Lakewood

1,771

4

2

0.25

$525,000

18

Lakewood

1,760

4

2

0.21

$572,100

4

Lakewood

1,809

4

2

0.20

$578,200

7

4

2

0.22

$605,000

4

1599272

06/10/2022

3779 S Miller Court

Lakewood

1,792

8349542

05/13/2022

3686 S Newcombe Way

Denver

1,809

4

2

0.27

$681,000

4

1,788

4

2

0.23

$592,260

7

Averages:

Summary Status

Total

Avg Price

Avg PSF Total

Median

Low

High

Avg DOM

Closed

5

$592,260

$331.04

$578,200

$525,000

$681,000

7

Total

5

$592,260

$331.04

$578,200

$525,000

$681,000

7

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY, LAKEWOOD

CMA Map Layout Map for the CMA Subject with Comparables

3746 S Nelson WAY , LAKEWOOD, 80235

Address

Beds

Baths

Sq.Ft.

3

2

1794

Baths

Sq.Ft.

Price

Date

Beds

1

10076 W Keene AVE

$578,200

7/13/22

4

2

1,809.00

2

10115 W Keene AVE

$525,000

6/27/22

4

2

1,771.00

3

3779 S Miller CT

$605,000

6/10/22

4

2

1,792.00

4

3686 S Newcombe WAY

$681,000

5/13/22

4

2

1,809.00

5

3725 S Moore ST

$572,100

2/17/22

4

2

1,760.00

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Activity vs. Timing This chart highlights the importance of pricing correctly at market value.

This chart illustrates the level of excitement and interest in a new listing over time. It also demonstrates the importance of pricing correctly. When a property is first listed, it generates a very high level of interest from prospective buyers, which reduces dramatically over time. It is important to be priced correctly from the beginning, during the peak of this curve.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

My Guarantee to You

A guarantee you can count on I'm so committed to meeting your sales objectives in a professional and pleasing manner, that I am willing to put our guarantee in writing.

My Performance Guarantee I will develop a Property Marketing Plan that clearly spells out the methods I will use to promote your property to the widest-possible audience.

If I don’t act according to the agreed activities in the Plan, you may:

•

Advise me that you aren’t satisfied and ask for a revision of the Plan

or •

Cancel the Listing Agreement

Your complete satisfaction is my foremost concern.

Date

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

The Effect of Over Pricing This chart highlights the importance of pricing correctly at market value.

This is the average percentage difference between the Selling and Asking Price by the length of time the home was on the market.

● ● ● ●

Put your best foot forward immediately Establish a competitive asking price Keep your home in top showing condition Offer favorable financing terms

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

The Benefits of Using a Professional REALTOR® This page outlines the benefits of using a professional REALTOR® to sell your property.

You’ll experience a wide variety of benefits when you hire a real estate professional.

Successfully selling a property is a complicated exercise, and REALTORS® have the experience, resources and contacts to complete your sale quickly and smoothly.

Pricing A REALTOR® will help you determine the selling price of your property at a level that accurately reflects its value in current market conditions and will not cost you missed opportunities.

Marketing A REALTOR® will have many useful suggestions on ways to improve the marketability of your property, including cosmetic repairs and other items that will create a favorable impression among buyers.

Your property will enjoy a wider exposure among buyers when you use a REALTOR®. In addition to using flyers and organizing open house days, a REALTOR®'s extensive contact list of former clients, newly qualified buyers and other industry professionals can significantly reduce the time your property is on the market.

A REALTOR® will also allow you to tap into a highly productive and extensive industry network, such as a Multiple Listing Service or other industry marketing system.

Advertising your property efficiently is another area where a REALTOR® can play an important role. A REALTOR®’s experience in deciding on the most appropriate type and frequency of advertising for your property can be invaluable. For example, placing too many ads can create the impression that there may be something wrong with the property or that the seller is desperate.

Security Security is a major consideration when showing your home. By using a REALTOR®, you can rest assured that all showings will be pre-screened and supervised.

Negotiating When negotiating a purchase, most buyers prefer to deal with a middleperson who is objective, unemotional and professional.

Buyers will often feel more comfortable with a REALTOR® than with the owner when they want to raise issues that need resolving before making an offer.

Monitoring, Renegotiating, Closing or Settling A REALTOR® will guide you through the minefield of potential problems associated with the appraisal, inspection and financing process, including the often complicated escrow instructions. In addition, your agent can meet and instruct any specialists or tradespeople who may be required for repairs or other issues that need to be completed before closing.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

The Importance of Pricing This chart highlights the importance of pricing correctly at market value.

This graph illustrates the importance of pricing correctly. The centerline represents market value. As you move above this market value, you attract much smaller percentage of prospective buyers, greatly reducing your chances of a sale. Conversely, as you move below market value, you attract a much larger percentage of potential buyers.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Setting the Price This chart highlights the importance of pricing correctly at market value.

When setting a price for your property, the listing level must strike a balance between the seller’s need to achieve the best-possible return and the buyer’s need to get good value. With many years of experience, a professional Real Estate Agent can help you set a price that will accomplish both objectives.

Establishing market value

The market value of your property is determined in exactly the same way as any other commodity – what a buyer is willing to pay for it in today’s market.

Despite the price you paid originally, or the value of any improvements you may have made, the value is determined by market forces.

Look at the competition

Buyers look at about a dozen properties on average before making an offer on a property. As a result, they have a good overview of the market and will compare your property against the competition. If it’s not in line with similar properties that are available, buyers won’t consider it good value for money.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

The Pitfalls of Overpricing This chart highlights the importance of pricing correctly at market value.

Overpricing your house in the belief that you can reduce the price back later is a strategy that can backfire badly. For example, by the time you reduce your price, you may miss out on a surge of interest in properties like yours. Also, if prices are lowered, buyers may wonder if there’s something wrong with the property that kept other buyers away. So to keep from selling your property at below market value and from wasting valuable time, don’t fall into the overpricing trap.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Where a Commission Goes This page describes how a commission is divided amongst all of the parties involved.

After a successful sale of your property, the real estate commission is shared among all who assisted in this important transaction.

Generally, the commission is divided four ways: to the listing broker, the listing agent, the selling broker and the selling agent. In recognition of the important roles each played in the sale of your property, each is compensated by a percentage of the commission.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Sources of Buyers This page illustrates the primary sources of buyers for your property.

When you want a buyer, come to us first There are several excellent reasons for selecting a professional Real Estate Agent to handle the sale of your property. For starters, our long-standing real estate expertise gives us the ability to network with other firms’ agents to promote your property to the widest possible audience, including the Internet. Selling your property depends on a lot more than advertising and signage – it takes referrals, word-of-mouth advertising, and networking.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

August 05, 2022

Minimums and Maximums This page summarizes key fields of the listings in this analysis.

The listings in this analysis can be summarized as follows:

● Listing Price between $540,000 and $605,000 ● Closing Price between $525,000 and $681,000 ● 4 Bedrooms ● 2 Total Bathrooms ● 1 to 2 Full Bathrooms ● 0 Half Bathrooms ● 1,760 to 1,809 Square Feet Total ● $306.82 to $337.61 per Tot. Square Foot ● $296.44 to $376.45 per Sold Tot. Square Foot

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

Pricing Recommendation 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 Per Sq. Ft. Statistics

Sell Price Statistics Average Price:

-$4,818,800

Average Price/Sq Ft:

-$2,685

High Price:

$6,984,800

High Price/Sq Ft:

$3,861

Median Price:

$465,300

Median Price/Sq Ft:

$260

Low Price:

-$21,580,900

Low Price/Sq Ft:

-$11,930

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

In average condition, your home will list and sell in this market at or around $535,000.

We've outlined some of the most important factors that influence your home's value: Neighborhood comps. ...

Location. ...

Home size and usable space. ...

Age and condition. ...

Upgrades and updates. ...

The local market. ...

Economic indicators. ...

Interest rates.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

August 05, 2022

Subject Property: 3746 S Nelson WAY , LAKEWOOD, 80235

Steps to a Positive Showing This page describes the key steps to making for a positive showing of your property.

You only get one opportunity to make a good impression, so you want to make it count. By following these guidelines, you’ll enhance the attractiveness of your property and reduce the time it takes to generate serious offers.

First Impressions How your property appears from the outside is important. To make a good first impression on a buyer, a clean driveway, a freshly mown lawn or a trimmed hedge will work wonders.

Do a critical inspection of the exterior of your property, paying special attention to the condition of your windows, shutters, screens and gutters. One of the first things a buyer will notice is the need for painting. If your property looks like it needs painting, many buyers will form an unfavorable impression. Elsewhere, little things count. Make sure the front door is spotless, including the doorknob, and that the windows gleam.

Cleanliness Counts Once inside your property, one of the key factors that influences its appeal to a buyer is cleanliness. Most important is front hallway, the kitchen and the bathrooms. Do a room-by-room cleaning, and don’t forget any out-of-sight areas because that’s often where a discriminating buyer will look first.

The state of the carpets can also be a determining factor. At the very least, have your carpets cleaned, and if they are worn, it’s wise to replace them, or remove them if there is hardwood underneath.

Less is More Clutter makes a poor impression. In closets, cabinets, kitchen countertops and other storage areas like basements, remove anything not needed for daily housekeeping. To make each room in your property look larger, get rid of or donate unnecessary furniture. Walk through your property and think: “Less is more.”

Repairs Make sure everything is in good working order.

Dripping faucets, squeaky steps and loose doorknobs can easily create a bad impression and reduce the value of your property. A few hours spent on repairs, whether by yourself or a tradesman, can pay big dividends when an offer is made.

Little Things Count It’s easy to improve the appearance of any room.

You may want to replace worn rugs or small pillows, put new towels in the bathroom or brighten up a room with a vase of flowers.

Pull Together Get all the members of your household to pull together when it comes to getting – and keeping – your property ready to view. By getting everyone into the habit of spending a few minutes tidying up every morning for an afternoon showing, you improve your chances considerably.

Researched and prepared by Marion Boston Your Castle Real Estate Inc All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved.

(Seller 1)

(Seller 2)

Full Legal Names: _________________________

_______________________________

Email Addresses: _________________________

_______________________________

Phone Numbers: __________________________

_______________________________

Address: _________________________________________________________________ City: __________________________ State: _________________ Zip: ______________ Why are you moving?: ___________________________ Where?: __________________ When?: _______________________________________ Back up plan?: _____________

Basics

Beds: ___ Baths: _____ Sqft: __________

Basement finished: Y / N _________ Parking: ________

Floor Plan (Vaulted Ceilings, Master Bed/Bath, Basement, Storage, Garage, Bright/Open, Flow, etc.?): ________________________________________________________________________ ________________________________________________________________________

Improvements/Updates (Flooring, Lighting, Window Coverings, Paint, Windows, Roof, HVAC, etc.?): ________________________________________________________________________ ________________________________________________________________________

Features (Fireplace, 5-Piece Bath, Built-In Speakers, Wet Bar, Skylights, Security System, etc.?): ________________________________________________________________________ ________________________________________________________________________

Inclusions/Exclusions (Appliances, TV or TV Mounts, Lighting, Mirrors, Sheds, Landscaping, etc.?): ________________________________________________________________________ ________________________________________________________________________

Exterior (Deck, Balcony, Landscaping, Siding, Views, Lot Size, Fencing, BBQ, Garden Areas, etc.?): ________________________________________________________________________

Community (Public Transportation, Walk Score, Schools, Recreation, Shopping, Highway Access, etc.?): ________________________________________________________________________ ________________________________________________________________________

HOA (None, Clubhouse, Pool, Utilities, Trash, Snow Removal, Insurance, Contact Info for HOA, etc.?): ________________________________________________________________________ ________________________________________________________________________

Utilities (Average Cost, Gas/Electric/Water Providers, Cost Savings or Green Features, etc.?): ________________________________________________________________________ ________________________________________________________________________

Features (What do you love most about this home? What were the features that attracted you to purchase?): ________________________________________________________________________ ________________________________________________________________________

Game Plan (Ideal Timeline, Replacement Property, Proceeds & Purchase Price, Financing, etc.?)*: ________________________________________________________________________ ________________________________________________________________________

Showings (Process, Notifications, Showing Windows, Restrictions, Pets, etc.?): ________________________________________________________________________ ________________________________________________________________________

________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________

________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________

:///

New Era Group Your Castle Real Estate

WHAT A SELLER SHOULD EXPECT Local Knowledge. Total Commitment.

:///

O`Yl k AehgjlYfl Lg Qgm7 Sell fast?

Highest price?

Minimize the hassle?

Intelligent and aggressive marketing?

Consistent communication?

What else?

OUR SIX STEP LISTING PROCESS

Tour Property

Ask Questions

Marketing Overview

Pricing Strategy

Explain Forms

Mutual Decision

Why Hire The New Era Group?

We work with clients like you to help make the home sale or purchase process as stress-free and enjoyable as possible.

Towards this goal, we strive to treat each of our clients as we would a member of our family. If you elect to hire a New Era Group agent, you should expect the utmost professionalism, respect and attention at all times throughout the relationship. Supporting our client’s real estate goals is about being consultants who listen and help to make dreams come true. If you are looking for a Realtor who is energetic and passionate about his or her clients, start your search at the New Era Group. :///

New Era Group Your Castle Real Estate

ELITE BROKERS

150

MILLION DOLLAR

Every New Era Group agent must represent excellence in the industry. Our team is insightful, always evolving and on top of new trends in real estate.

The results speak for themselves with Real Trends ranking the New Era Group as the top team in Colorado the past two years.

team within Your Castle Real Estate, one of the largest locally owned brokerages in Colorado. Combined, we have over a billion-dollar market share.

The New Era Group has an impressive track record of year over year growth in all market conditions since its inception in 2004. The original mission of the company was to create “The New Standard In Real Estate” and thus the name. The leadership team came from roles within both the fast paced tech world as well as from fortune 500 companies. They leveraged this wealth of experience to help people from all walks of life fully realize the benefits of home ownership. Along the way, the team has not only had a positive impact on thousands of lives, but collectively the New Era Group agents have created a best of breed marketing, sales and support platform.

Gmj EYjc]laf_ 9lljY[lk :mq]jk :///

1

Intelligent MLS entry to drive showing activity

7

Text & 800# Call Capture Technology on Signs & Flyers

2

Featured listing on New Era owned sites

3

Enhanced Listing on Realtor.com

8

Afl]j%G^Ú[] EYjc]laf_ Lg -((# Qgmj ;Ykld] J]Yd =klYl] 9_]flk

4

High Quality Professional Photography

9

F]okd]ll]j EYjc]laf_ lg ).$(((# KmZk[jaZ]jk

5

>dq]jk L`Yl EYc] Qgmj @ge] KlYf\ 9hYjl

10

9__j]kkan] >gddgo%Mh K]ddaf_ lg 9DD J]Ydlgjk O`g K`go Qgmj @ge]

6

Highly Visible Signage

11

Massive Online Distribution Effort

:///

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

1

2

3

4

5

6

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

The best chance for selling your home is within the first seven weeks. Studies show that the longer a property stays on the market, the less the seller will net.

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

:///

•• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •• •

ACTIVITY

OUR DISTRIBUTION NETWORK

of buyers will have previewed your home online prior to conducting a walkthrough.

49%

89%

use the Internet to search for their home.

G> @GE= :MQ=JK

We Syndicate Our Data

AehgjlYfl >Y[lk 9Zgml K]ddaf_ Qgmj @ge]

TIME ON MARKET (WEEKS) IMPORTANCE OF INTELLIGENT PRICING

7

8

9

10

11

12

ASKING PRICE +15%

Market Value

-10%

-15% +10% 10% 30%

PERCENTAGE OF BUYERS

60% 75%

90%

Buyers look at properties that are priced at market value.

If you price your home by as little as 10% over market value, the showings will be cut in half and buyers will simply write offers on properly priced homes.

=f`Yf[af_ Qgmj @ge] >gj KYd] BEFORE

HIT l`] ]Ykq Zmllgf

AFTER :///

Hire a Professional Stager

<]%H]jkgfYdar] <]%;dmll]j >gj Lgh <gddYj When presenting your home to prospective buyers, first impressions are critical. Buyers begin evaluating your home first through photos and then from the moment they arrive at your door. They prefer homes that are well maintained, clean and clutter-free.

Home improvements and professional staging advice can be essential to the salability and ultimate sales price of your home.

DE-CLUTTER & DE-PERSONALIZE

Clutter makes a home and its rooms look smaller to buyers both online and in person. Clutter can even make buyers feel uncomfortable or claustrophobic. Because buyers cannot see beyond it, clutter devalues a home and can be the main reason why a house doesn’t sell. Clutter costs you money.

IMPROVE CURB APPEAL

Fix or replace anything that is obviously damaged or worn.

Enhance landscaping and paint as needed. Clean your front door, fix that broken doorbell and buy a new welcome mat.

Simple changes add up! Many buyers will drive by your home prior to deciding if they desire a showing.

INTERIOR IMPROVEMENTS

Fix or replace anything that is worn or broken. Brighten the interior with a fresh coat of paint in light, neutral colors. Shampoo carpets, make tile and wood floors sparkle and deep clean throughout. Improve lighting with clean windows, fixtures and fresh bulbs. Have the heating and cooling systems cleaned and serviced.