Untitled Design

MARKET ANALYSIS REPORT

134 Ravine Drive

PREPARED BY

JENNIFER GULAY

MY OBJECTIVE FOR YOU As your dedicated real estate professional, my primary objective when listing your property is to secure a sale at the highest attainable price while expediting the process, all while ensuring the most favorable terms for you. Your complete satisfaction is my ultimate goal.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

THE HISTORY OF YOUR HOME Important real estate information regarding your home.

List Price: $289,900 Org Price: $284,500 Sell Price: $275,000 Sell Date: 07/02/2000 MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

THE HISTORY OF YOUR HOME Important real estate information regarding your home.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

ACTIVITY IN YOUR AREA Important real estate information regarding your area.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

ACTIVITY IN YOUR AREA Below is the activity in your area from the last 12 months to present.

These are all the homes in St.Vital that have similar characteristics to your home.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

PRICING YOUR PROPERTY A comprehensive analysis of the current listings and recent sales in your neighborhood to establish a competitive and strategic pricing for your property.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

A R E A

H I S T O R Y

COMPARABLES 1 3 4

R A V I N E

D R I V E

AVERAGE LIST PRICE

$749,900

AVERAGE SOLD PRICE

$724,000

AVERAGE SIZE IN AREA

2408 SF

AVERAGE SOLD PRICE PER SQFT

29

C O M P A R A T I V E

M A R K E T

A N A L Y S I S

SUGGESTED PRICE 1 3 4

R A V I N E

D R I V E

Based on the comparative marklet analysis included I have put together a suggested list price and marketing strategy to achieve the maximum sale price. for your home The market has been a moving target with the interest rate changes we have experienced this year, however we are still seeing steady sales as well there is a lack of direct competition for your home at the present time.

I have examined the comparables extensively, and I feel that the most effective listing price is $719,900.

MARKET ANALYSIS REPORT

LET’S SELL YOUR HOME

According to market conditions, the length of time it takes to market a house will vary. While some properties sell in just a few days, others may require several months.There are six factors that influence the time it takes to sell a property.

1. COMPETITION

Every Buyer makes their decision about which home to buy, and how much it is worth, by their other choices at the time of purchase.The supply of other homes the buyer will compare with your home is constantly changing each week, and each month.The current competition always affects the Buyer’s opinion of your property and what they will think it is worth. So the question is, what will be the Buyer’s other choices at the time they are being shown your property?

2. FINANCING

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If the financing should cost too much, or if the Buyer requires more down payment than most people have who will buy in that area, then financing may delay or prevent the sale 3. PRICE

If the property has not sold after a reasonable length of time, but other similar properties have sold, then the price may need to be reduced. If this is true and the price is not reduced, a sale may be delayed or prevented 4. PROPERTY

If the property should show poorly, or have major defects that are not corrected, a sale may not take place until the defects are corrected, or until the price is adjusted to compensate for them.

5. TIMING

Timing is the condition of the real estate market at the time of sale. Supply and demand are the factors influencing whether it is a Seller’s or Buyer’s market. Neither the Seller, nor Royal LePage Alliance, can change the condition of the market at the time the property is for sale. It must be accepted for what it is.

6. MARKETING

Royal LePage marketing techniques are constantly being tested and updated for best results. Although, even expert marketing has it’s limitations, as marketing cannot overcome any of the factors listed above. We will supply you with a constant flow of updated information, which will help you determine the marketability of your property.

IMPORTANT MESSAGE ABOUT THE VALUE OF YOUR PROPERTY Your property has many values; one to the tax assessor, others to your lender and insurance company, and yet another value to you, the owner. It also has different values to prospective buyers; depending on their needs, desires, and financial resources.

In the final analysis, the market dictates value based on current conditions, the current supply of buyers, and the current competition.

Properties priced appropriately sell faster and at a higher price.To aid you in the selection of a listing price, I have prepared a Comprehensive Home Marketing Plan for you.

Since buyer’s engage in comparison shopping, the Comprehensive Home Marketing Plan focuses on properties now on the makret which are competing for the attention of those buyers.

In addition, those that have recently sold and those that were on the market and did not sell, will also be examined. These properties will tell us what past buyers were, and were not willing to pay.

In conclusion, the Best Price Obtainable will ultimately be determined by the market. It is highly unlikely that a buyer will pay more for your property than for a comparable property with similar amenities and features. All other considerations aside, properties that do not meet the current competition in price and features simply do not sell. In fact, they may help sell the competition!

1. TRADITIONAL MARKETING

This includes posting your home on the Multiple Listings Service, a For Sale Yard Sign and professional Feature Sheets

2. PROFESSIONAL PHOTOS

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We use top-of-the-line photos for all of our listings, no matter the price! Professional photos should be a nonnegotiable in your business!

3. POST CARDS

We send out 500 postcards to the general area of my listing letting them know we have a new home for sale.

4.EMAIL CAMPAIGN

We send our email list a digital brochure and give them first access to our listings.

We also email agents in the area and within our brokerage.

ONLINE SOCIAL MARKETING Facebook serves as an exceptional tool for maximizing the visibility of your property listings. Our approach encompasses both organic and strategically targeted paid advertisements through our dedicated Facebook business page.

We pride ourselves on curating professional-grade videos, which are aptly showcased on the reels section, and captivating photos, diligently featured on the @homesbyjennifer feed and stories. This harmonious blend of visual content delivery ensures that your listings are not only seen but also resonate with our discerning audience, allowing your properties to truly shine.

ADDITIONAL ONLINE MARKETING

www.jennifergulay.com www.realtor.ca www.winnipegfreepress.com www.winnipegrealestatenews.com www.royallepagealliance.com www.royallepage.ca

SALES ACHIEVEMENTS OVER 1000 HOMES SOLD INCLUDING 180 NEW CONSTRUCTION CUSTOM HOMES 150 NEW CONSTRUCTION CONDOMINIUMS AND 750+ RESALE TRANSACTIONS

18 YEARS EXPERIENCE Award winning realtor with expertise in buying and selling large scale projects and luxury builds. Understands the importance of investing in relationships; uses effective personal and social communication strategies to build networks and engage buyers.

Vigilantly observes and analyses community trends to maintain and advance business negotiations.

ACCOMPLISHMENTS • Royal Lepage Prime #1 Individual Agent - 2021,2022 • Gold medallion - 2021 • Award, Top 35 under 35 Royal LePage Canada wide | 2019 & 2020 • Award, Lifetime Achievement | Royal LePage | 2016 -2020 • Award, Diamond | Royal LePage | 2009, 2012-2020 • Award of Excellence | Royal LePage | 2011-18, 2020 • Award, Top 10 Individual | Royal LePage Manitoba | 2012, 2014, 2015, 2018 & 2019 • Award, Alliance Agent of the Year | 2009 & 2011-17 • Award, Director’s Platinum | Royal LePage | 2007, 2008, 2010, 2017 • Gold Medallion Club | Royal LePage | 2011-13 & 2017 • Silver Medallion Club | Royal LePage | 2009-10, 2014-16, & 2018-2020,2022 • Bronze Medallion Club | Royal LePage | 2007 & 2008

DEVELOPMENT EXPERIENCE • Sold Out, Golden Gates Estates | 48 Unit Bungalow Condo Project • Sold Out, Westminister Condos | 8 Unit Conversion Apartment Condo Project • The Charles Condo | 44 Units Sold • Sold Out Couture West Condominiums | 24 Units Sold • Sold Out Oak + Ash Condominiums | 22 Units Sold

TRADE EXPERIENCE • Realtor, Royal LePage Alliance | January 2006 – Present • Realtor Artista Homes | June 2009 - 2020 • New Homes Sales Manager KDR Homes | December 2020 - Present • Realtor, Streetside Developments | 2015 - Present • License, Manitoba Real Estate • Certificate, Real Property Law - Manitoba Real Estate Association • Certificate, Principles of Appraisal - Manitoba Real Estate Association

INDUSTRY SKILLS • Effectively positions properties in the market to attract/retain buyers.

• Accomplished at multi-party negotiations.

• Prepares contracts, purchase agreements, and closing statements, for the purchase/sale of real estate.

• Manages and creates impressionable consumer relationships • Implements aggressive marketing strategies to engage prospects.

• Able to articulate the process of obtaining and securing mortgage financing.

• Experience selling multi-residential properties and understands the importance of acceptable standards and consumer protection within the commercial field.

• Recognize factors of city growth and how real estate is influenced.

• Understands the laws affecting real estate including contract, agency, as well as provincial and federal statutes.

• Demonstrates sound moral and ethical principles

let's connect @homesbyjennifer

@homesbyjennifer

jennifergulay.com

JENGULAY@GMAIL.COM 204-794-9464

ROYAL LEPAGE PRIME 300-3025 PORTAGE AVENUE