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Comparative Market Analysis Prepared especially for:

Mr. & Mrs. Baham For property at:

11911 Sonara Springs Tomball, TX 77375

Brought to you by: Teri Kahila Prudential Gary Greene, 8817 Louetta Rd Spring, TX 77379-6745 (281)839-5117

THIS IS AN OPINION OF VALUE OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. 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 11911 Sonara Springs Tomball, TX 77375 Subdivision : Northpointe Building Sq Ft : 2,521 Year Built : 2000 Bedrooms : 4 Baths - Full : 2 Baths - Half : 1 Number of Stories : 2 Garage - # of Spaces : 2 Pool - Private : no FirePlace : yes

2/14 Information is believed to be accurate but is not guaranteed.


Active Property Profile 11819 SOLON SPRINGS DR Sub: NORTHPOINTE EAST SEC 1

LP: $129,000

SqFt: 2321/Appraisal District

LP/SF: $55.58

Year Built: 1999/Appraisal District

Stories:

Lot Size: 9729/Appraisal District

Bedrooms:

Garage:

Bathrooms: 2/1

2/Attached Garage

2

SP/LP%: 0.00 4/4

DOM: 36 Pool:

Remarks: 4 bedroom and gameroom! Great value for the price. This home has a huge backyard and close to movie theatre, shopping. Klein ISD. 12931 Northpointe Bend Sub: Northpointe

LP: $179,990

SqFt: 1936/Builder

LP/SF: $92.97

Year Built: 2010/Builder

Stories:

Lot Size: 6000/Survey

Bedrooms:

Garage:

Bathrooms: 2/0

2/Attached Garage

1

SP/LP%: 0.00 3/3

DOM: 75 Pool:

Remarks: Beautiful 'Bennett' 1 story elevation built by David Weekley Homes. Welcoming front porch. Formal Dining Rm off the tiled Foyer. Kitchen has 42-inch cabinets, gorgeous counters, island & large breakfast bar. Large, open Family Rm. Master Suite has bay window, full bath with dual sinks, tub and separate shower. Children's Retreat between secondary bdrms. 2 car attached garage. Covered Rear Porch. Environments for Living Platinum Home. Heating and AC bills are GUARANTEED!!!! 19203 Fisher Ridge Sub: Northpointe

LP: $199,404

SqFt: 2093/Builder

LP/SF: $95.27

Year Built: 2010/Builder

Stories:

Lot Size: 6081/Survey

Bedrooms:

Garage:

Bathrooms: 2/0

2/Attached Garage

1

SP/LP%: 0.00 3/3

DOM: 69 Pool:

Remarks: Beautiful 'Barker' 1 story elevation built by David Weekley Homes. Tile in Entry continues into Private Study & Formal Dining. Kitchen has large breakfast bar, stainless gas appliances & tile backsplash. Large, open Family Rm w/fireplace & home theater pre-wire. Master Suite features full bath w/dual sinks, tub and separate shower. 2 car attached garage. Covered Rear Porch. Environments for Living Platinum Home. Heating and AC bills are GUARANTEED!!!!

3/14 Information is believed to be accurate but is not guaranteed.


Pending Property Profile 11911 EZEKIEL DR Sub: Northpointe East

LP: $125,000

SqFt: 2046/Appraisal District

LP/SF: $61.09

Year Built: 2000/Appraisal District

Stories:

Lot Size: 5500/Appraisal District

Bedrooms:

Garage:

Bathrooms: 2/1

2/Attached Garage

2

SP/LP%: 0.00 4/

DOM: 18 Pool:

Remarks: Beautiful home with a lot of recent updates.Feels like a brand new home and priced right for you!Gorgeous laminate floors in dining, living,& master bedroom.Clean porcelean tile in extended entryway, kitchen,and all wet areas.Kitchen has tile backsplash w/ undermount lighting,freshly painted less than a year,upgraded carpet pad & carpet put in as well.Recently added radiant barrier to attic (this week),all bedrooms wired for phone & cable,Klein school district,close shopping & much much more!!!

4/14 Information is believed to be accurate but is not guaranteed.


Sold Property Profile 11939 SOLON SPRINGS Sub: NORTHPOINTE EAST

LP: $138,500

SP: $138,500

SqFt: 2430/

LP/SF: $56.00

SP/SF: $56.00

Year Built: 2001/Appraisal District

Stories:

SP/LP%: 1.00

Lot Size: 5063/Appraisal District

Bedrooms:

Garage:

Bathrooms: 2/1

2/Attached Garage

2 3/4

DOM: 59 Pool:

Remarks: ONE OF THE LOWEST PRICED IN THE AREA. IMMEDIATE OCCUPANCY, GAMEROOM UP COULD BE CONVERTED TO 4TH BDRM, 1/2 BATH DOWN,UPGRADED LIGHT FIXTURES, 2'' FAUX WOOD BLINDS, ISLAND IN KIT. 42'' TALL CABINETS, TILE BACKSPLASH, CERAMIC TILE FLRS. EXTRA CABINTS IN LAUNDRY RM & GARAGE, LARGE MASTER W/2 CLOSETS, SEP TUB & SHWR. UPGRADED FANS, FRESH PAINT, SLIDING DOORS TO 12X10 BACK PATIO, GAS GRILL & SHED WILL REMAIN, SPRINKLERS FRT & BK, FLAGSTONE FRONT PORCH,LOTS OF CURB APPEAL. 11926 BRENTON KNOLL CT Sub: NORTHPOINTE EAST SEC 1

LP: $155,000

SP: $150,000

SqFt: 2348/Appraisal

LP/SF: $66.01

SP/SF: $63.88

Year Built: 2001/Appraisal District

Stories:

SP/LP%: 0.97

Lot Size: 6573/Appraisal District

Bedrooms:

Garage:

Bathrooms: 2/1

2/Attached Garage

2 3/4

DOM: 17 Pool:

Remarks: Immaculate two-story on corner lot features new HARDWOOD floors, large master suite with spacious bath & closet, gameroom (up), open floor plan, neutral colors throughout, study (could be fourth bedroom), formal dining room, great kitchen with 42'' cabinets, large back yard, easy access to 249 with close proximity to HP and new Lonestar College Campus, 2'' blinds throughout, two-story entry, more! Best of all - located in Klein ISD! 12122 CATSKILL CREST DR Sub: NORTHPOINTE EAST SEC 1

LP: $168,000

SP: $163,000

SqFt: 2580/Appraisal District

LP/SF: $65.12

SP/SF: $63.18

Year Built: 2001/Appraisal District

Stories:

SP/LP%: 0.97

Lot Size: 6708/Appraisal District

Bedrooms:

Garage:

Bathrooms: 2/1

2/Attached Garage

2 4/4

DOM: 16 Pool:

Remarks: Beautiful 2 story, recently updated interior, new roof, fully landscaped yard with covered patio. Built in cabinet's in den and utility room. Located within close proximty to exemplary schools and shopping. Great family neighborhood with easy access to Highway 249 and close to Beltway 8.

5/14 Information is believed to be accurate but is not guaranteed.


Property Map

#

Address

Status

ÂŤ 11911 Sonara Springs

SqFt

Adj $/SqFt

2,521

$0

Price

Adj

Adj Price

$0

$0

1

11819 SOLON SPRINGS DR

Active

2,321

$56

$129,000

$0

$129,000

2

12931 Northpointe Bend

Active

1,936

$93

$179,990

$0

$179,990

3

19203 Fisher Ridge

Active

2,093

$95

$199,404

$0

$199,404

4

11911 EZEKIEL DR

Pending

2,046

$61

$125,000

$0

$125,000

5

11939 SOLON SPRINGS

Sold

2,430

$57

$138,500

$0

$138,500

6

11926 BRENTON KNOLL CT

Sold

2,348

$64

$150,000

$0

$150,000

7

12122 CATSKILL CREST DR

Sold

2,580

$63

$163,000

$0

$163,000

6/14 Information is believed to be accurate but is not guaranteed.


Active Comparable Properties 11911 Sonara Springs

11819 SOLON SPRINGS DR

12931 Northpointe Bend

19203 Fisher Ridge

Mls#

99899304

90127264

31857112

List Price

$129,000

$179,990

$199,404

DOM

36

75

69

CDOM

36

75

69

Sales Price

Closing Date Subdivision

Northpointe

NORTHPOINTE EAST Northpointe

Northpointe

Building Sq Ft

2,521

2,321

1,936

2,093

Year Built

2000

1999

2010

2010

Bedrooms

4

4

3

3

Baths - Full

2

2

2

2

Baths - Half

1

1

0

0

Number of Stories

2

2

1

1

Garage - # of Spaces

2

2

2

2

Pool - Private

no

N

N

N

FirePlace

yes

Gas Connections

Net Adjustments Adjusted Price

$0

$0

$0

$129,000

$179,990

$199,404

7/14 Information is believed to be accurate but is not guaranteed.


Pending Comparable Properties 11911 Sonara Springs

11911 EZEKIEL DR

Mls#

80176434

List Price

$125,000

Sales Price DOM

18

CDOM

18

Closing Date Subdivision

Northpointe

Northpointe East

Building Sq Ft

2,521

2,046

Year Built

2000

2000

Bedrooms

4

4

Baths - Full

2

2

Baths - Half

1

1

Number of Stories

2

2

Garage - # of Spaces

2

2

Pool - Private

no

N

FirePlace

yes

Gaslog Fireplace, Woo

Net Adjustments

$0

Adjusted Price

$125,000

8/14 Information is believed to be accurate but is not guaranteed.


Sold Comparable Properties 11911 Sonara Springs

11939 SOLON SPRINGS

11926 BRENTON KNOLL CT

12122 CATSKILL CREST DR

Mls#

62200754

29298558

73223438

List Price

$138,500

$155,000

$168,000

Sales Price

$138,500

$150,000

$163,000

DOM

59

17

16

CDOM

187

17

16

Closing Date

5/31/2010

4/28/2010

3/22/2010

Subdivision

Northpointe

NORTHPOINTE EAST NORTHPOINTE EAST NORTHPOINTE EAST

Building Sq Ft

2,521

2,430

2,348

2,580

Year Built

2000

2001

2001

2001

Bedrooms

4

3

3

4

Baths - Full

2

2

2

2

Baths - Half

1

1

1

1

Number of Stories

2

2

2

2

Garage - # of Spaces

2

2

2

2

Pool - Private

no

N

N

N

FirePlace

yes

Gas Connections, Wo

Net Adjustments Adjusted Price

$0

$0

$0

$138,500

$150,000

$163,000

9/14 Information is believed to be accurate but is not guaranteed.


Price History of All Properties

1

2

3

4

5

11819 SOLON SPRINGS DR

List Date:

05/10/2010

Sales Date:

Days on Market:

List Price:

$129,000

Sales Price:

12931 Northpointe Bend

List Date:

03/24/2010

Sales Date:

Days on Market:

75

List Price:

$179,990

Sales Price:

19203 Fisher Ridge

List Date:

04/07/2010

Sales Date:

Days on Market:

List Price:

$199,404

Sales Price:

11911 EZEKIEL DR

List Date:

05/01/2010

Sales Date:

Days on Market:

List Price:

$125,000

Sales Price:

11939 SOLON SPRINGS

List Date:

02/15/2010

Sales Date: 05/31/2010

Days on Market:

List Price:

$138,500

Sales Price: $138,500

36

69

18

59

10/14 Information is believed to be accurate but is not guaranteed.


Price History of All Properties

6

7

11926 BRENTON KNOLL CT

List Date:

03/20/2010

Sales Date: 04/28/2010

Days on Market:

List Price:

$155,000

Sales Price: $150,000

12122 CATSKILL CREST DR

List Date:

02/07/2010

Sales Date: 03/22/2010

Days on Market:

List Price:

$168,000

Sales Price: $163,000

17

16

11/14 Information is believed to be accurate but is not guaranteed.


Price Comparison

Adjusted Price for Comparable Properties (adjusted sales price for recently sold properties: adjusted list price for all others)

High Price: $199,404

Average Price:

$155,000

Low Price: $125,000

Median Price:

$150,000

Suggested Price for Subject Property: $155,000

12/14 Information is believed to be accurate but is not guaranteed.


Pricing Analysis 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.

Comparable Properties # Address

Status

SqFt

Adj $/SqFt

Price

Adj

Adj Price

1 11819 SOLON SPRINGS DR

Active

2,321

2 12931 Northpointe Bend

Active

1,936

$56

$129,000

$0

$129,000

$93

$179,990

$0

$179,990

3 19203 Fisher Ridge

Active

4 11911 EZEKIEL DR

Pending

2,093

$95

$199,404

$0

$199,404

2,046

$61

$125,000

$0

5 11939 SOLON SPRINGS

$125,000

Sold

2,430

$57

$138,500

$0

$138,500

6 11926 BRENTON KNOLL CT

Sold

2,348

$64

$150,000

$0

$150,000

7 12122 CATSKILL CREST DR

Sold

2,580

$63

$163,000

$0

$163,000

High Adjusted Price:

$199,404

Low Adjusted Price:

$125,000

Average Adjusted Price:

$155,000

Median Adjusted Price:

$150,000

Suggested Price for 11911 Sonara Springs:

13/14 Information is believed to be accurate but is not guaranteed.

$155,000


Preparing Your Home Exterior  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  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

14/14 Information is believed to be accurate but is not guaranteed.

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