66001 Waldron Trail Property Report

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PRO PERT Y REPO RT

�� Summary Stats from the Comps

● Average Living Area: ~2,375 sq ft

● Median Living Area: ~2,411 sq ft

● Subject Property: 2,525 sq ft main + 1,500 sq ft detached (total: 4,025 sq ft of usable space)

● Average Lot Size: ~11.6 acres

● Your Lot Size: 4 16 acres (smaller than average, but offset by added structure)

�� Strategic Takeaways

● You’re above average in total usable sq ft, but on the lower end for acreage.

● Your 1990 build year aligns closely with the others, helping comparability

● Most comps lack a second structure like yours use that to emphasize flexibility and multi-use potential �� Recommended Listing Price: $2,175,000 �� Why This Price Works:

1. Size Advantage:

○ Your 4,025 total finished sq ft (2,525 main + 1,500 second dwelling) is significantly larger than the average sold property (2,458 sq ft) and even slightly above the active average of 3,138 sq ft

2 Value Add:

○ None of the active or sold comps include a fully finished second structure with plumbing + 220V a major asset for multi-gen buyers, STR investors, or remote workers

3 Condition Offset:

○ The main home is dated (wallpaper, tile counters, emerald carpet), but it’s in immaculate shape, allowing you to price above sold comps but still below

more modern, high-acreage actives

4 Strategic Positioning:

○ Sits

$100K–$200K above recent sales to reflect added finished space

○ Still well below top active price point of $1.899M when adjusted for dual-structure value

Summary

Price Recommendation:

$2,175,000

Strategic Range: $2 1M – $2 25M

● Attracts attention under $2 2M

● Gives negotiating room while commanding premium for unique layout

Estimated Listing Price

Based on the most recent active and sold listings in your area:

● Average Price/SqFt (Sold Comps): ~$531 (Calculated from sold average: $1,306,850 ÷ 2,458 sq ft)

● Adjusted Total Finished SqFt for Subject Property: 2,525 (main home) + 1,500 (finished second dwelling) = 4,025 sq ft

Estimated Market Value:

4,025 sq ft × $531 = ~$2,137,275

Suggested Listing Range:

$2.1M – $2.25M

This range:

● Reflects your above-average size and unique dual-dwelling layout

● Accounts for your immaculate (though dated) main home

● Stays competitive against active listings, while exceeding solds based on added finished space

This range positions you competitively, while showcasing your property’s flexibility, size, and long-term potential.

● Justify unique multi-use layout and dwellings

● Allow buyers to budget for interior updates

● Stay competitive against updated single-structure listings on more land

Strengths:

✅ Dual-Dwelling Layout – Rare & Valuable

✅ Turnkey Condition

✅ Usable Acreage in Tumalo

✅ Studio setup with plumbing & 220V

Buyer Opportunities:

�� Cosmetic updates = customization potential

�� Great for remote work, guests, STR, or multi-gen living

Recommended Price Positioning

● Estimated Market Value: ~$2,137,275

● Strategic Listing Range:

➤ $2.1M – $2.25M

● This range balances:

✓ Finished second dwelling value

✓ Current interior condition

✓ Buyer renovation flexibility

Marketing Approach

● �� Pro Photography + Drone + Floorplans

● �� Featured on Luxury Platforms & Social Media

● �� Targeted Outreach to Relocation & Multi-Gen Buyers

● �� Optional: Light staging to enhance potential

Comparable properties used were the closest comparable properties sold in the area in the previous 12 months.

6 5755 CL I N E FA L L S ROA D

CL O SED : 10 / 2 4/ 20 2 4

$1,227,500 2,616 Sq. Ft. 19.58 Acre Lot

3 Bed | 3 Bath Built: 1993 DOM: 59

6 530 0 CO N CO RD E L A N E

CL O SED : 3/ 0 5/ 20 25

$1,050,000 1,744 Sq. Ft. 9.81Acre Lot

3 Bed | 3 Bath Built: 1981 DOM: 136

6 5161 H I GH L A N D ROA D

CL O SED : 12/ 10 / 20 2 4

$1,499,900 2,720 Sq. Ft. 5.03 Acre Lot

4 Bed | 3 Bath Built: 1973 DOM: 271

20 160 T U M A L O ROA D

CL O SED : 5/ 15/ 20 25

$1,450,000 2,752 Sq Ft 10 31Acre Lot

4 Bed | 3 Bath Built: 1920 DOM: 0

Comparable properties are the closest comparable properties currently listed for sale.

ActiveCompsUsed

19395 I N N ES M A RK ET ROA D

L I ST D A T E: 5/ 0 7/ 20 25

$1,899,000 2,545 Sq. Ft. 9.95 Acre Lot

3 Bed | 2 Bath Built: 1992 DOM: 49

20 375 M A RSH ROA D

L I ST D A T E: 6/ 25/ 20 25

$1,695,000 2,908 Sq. Ft. 9.93 Acre Lot

3 Bed | 3.5 Bath Built: 2004 DOM: 0

6 5230 SM O K EY RI D GE ROA D

L I ST D A T E: 4/ 0 7/ 20 25

$1,299,000 2,194 Sq. Ft. 9.4 Acre Lot

3 Bed | 2 Bath Built: 1998 DOM: 79

6 5160 SW A L L EY ROA D

L I ST D A T E: 2/ 0 1/ 20 25

$1,449,900 4,906 Sq. Ft. 9.25 Acre Lot

5 Bed | 4 Bath Built: 1977 DOM: 142

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66001 Waldron Trail Property Report by Engel & Völkers Bend - Issuu