Transcript
Researched and prepared by
Rick Valcourt
Prepared exclusively for
Rolly Vivero
Prepared on
September 30, 2014
Rick Valcourt Century 21 Prestige Real Estate
635 Branion Drive
www.MyCandleLake.com
Prince Albert, SK S6V2R9
3069606485
rick.valcourt@century21.ca
Subject Property
1610 Allbright Crescent
Prince Albert, SK
S6V7C4
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 two categories:
1. Comparable homes that are currently for sale
2. Comparable homes that were recently sold
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.
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
This section summarizes the comparable listings contained in this market analysis.
Summary of Comparable Listings
Address Sale Price SQFT Age DOMACTIVE Listings
1979S=1610 Allbright Cres 852
List Date
1507 Mcintosh Drive $199,900 1989 02/07/2014 234801
1558 Mcintosh Drive $199,900 1983 06/22/2014 99901
866 Spencer Drive $214,900 1980 04/25/2014 1571008
177 Hughes Place $219,900 1975 08/14/2014 46809
820 Mcintosh Drive $199,000 1982 09/24/2014 5875
108 Macdowall Cres $199,900 1976 07/31/2014 601040
50 Bowerman Cres $204,900 1976 08/11/2014 49936
1593 East 4Th Street $207,500 1975 08/21/2014 39931
9 Plaxton Place $210,000 1976 05/05/2014 1471000
70 Lamont Cres $229,900 1976 07/30/2014 611014
38 Glass Drive $229,900 08/27/2014 33
24 Plaxton Place $239,900 1976 09/16/2014 131040
Averages: 941 1979 79$212,967
Address Sale Price SQFT Age DOMSOLD Listings
1979S=1610 Allbright Cres 852
Sold Date
1610 Allbright Cres $97,500 1979 01/12/2007 87852
15 Bowerman Cres $185,000 1976 04/27/2014 21846
1566 East 4Th Street $185,500 1976 07/02/2014 30846
20 Plaxton Place $196,500 1976 10/15/2013 201063
217 Macdowall Cres $203,000 1977 10/07/2013 40936
99 Berezowsky Drive $214,900 1977 05/20/2014 6950
33 Lamont Cres $225,000 1976 09/30/2013 80875
91 Bowerman Cres $225,000 1975 06/11/2014 19824
87 Bowerman Cres $235,000 1976 03/21/2014 211104
Averages: 922 1976 36$196,378
$207,500
$205,857
Median of Comparable Listings:
Average of Comparable Listings:
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
This section summarizes the comparable sold listings in this market analysis.
Table Summary of Comparable Solds
Address List Price
SOLD Listings
Sale Price
$ ChangeList Price to
Sold Price Sold Date DOM
% ChangeList Price to
Sold Price
1610 Allbright Cres $102,900 $97,500 $-5,400 01/12/2007 87-5.25%
15 Bowerman Cres $185,000 $185,000 $0 04/27/2014 21 0.00%
1566 East 4Th Street $189,900 $185,500 $-4,400 07/02/2014 30-2.32%
20 Plaxton Place $199,900 $196,500 $-3,400 10/15/2013 20-1.70%
217 Macdowall Cres $209,900 $203,000 $-6,900 10/07/2013 40-3.29%
99 Berezowsky Drive $214,900 $214,900 $0 05/20/2014 6 0.00%
33 Lamont Cres $234,500 $225,000 $-9,500 09/30/2013 80-4.05%
91 Bowerman Cres $229,900 $225,000 $-4,900 06/11/2014 19-2.13%
87 Bowerman Cres $234,900 $235,000 $100 03/21/2014 21 0.04%
Average
Median
Minimum
Maximum
$200,200
$209,900
$102,900
$234,900
$196,378
$203,000
$97,500
$235,000
$-3,822
$-4,400
$100
36
21
6
87
-2.08%
-2.13%
0.04%
-5.25%$-9,500
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
Table Summary of Comparable SoldsThis page summarizes the comparable sold listings in this market analysis.
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
Address List Price
SOLD Listings
Sale Price
$ Change
List Price to
Sold Price Sold Date DOM
% Change
List Price to
Sold PriceAllbright Cres $102,900 $97,500 $-5,400 01/12/2007 87-5.25
Bowerman Cres $185,000 $185,000 $0 04/27/2014 21 0.00
East 4Th Street $189,900 $185,500 $-4,400 07/02/2014 30-2.32
Plaxton Place $199,900 $196,500 $-3,400 10/15/2013 20-1.70
Macdowall Cres $209,900 $203,000 $-6,900 10/07/2013 40-3.29
Berezowsky Drive $214,900 $214,900 $0 05/20/2014 6 0.00
Lamont Cres $234,500 $225,000 $-9,500 09/30/2013 80-4.05
Bowerman Cres $229,900 $225,000 $-4,900 06/11/2014 19-2.13
Bowerman Cres $234,900 $235,000 $100 03/21/2014 21 0.04
Average
Median
Minimum
Maximum
$200,200
$209,900
$102,900
$234,900
$196,378
$203,000
$97,500
$235,000
$-3,822
$-4,400
$100
36
21
6
87
-2.08
-2.13
0.04
-5.25$-9,500
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
Summary of Comparable Listings
This page summarizes the comparable listings contained in this market analysis.
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
Address Price SQFT Age DOMACTIVE Listings
1979S=1610 Allbright Cres 852
List Date
1507 Mcintosh Drive $199,900 1989 02/07/2014 234801
1558 Mcintosh Drive $199,900 1983 06/22/2014 99901
866 Spencer Drive $214,900 1980 04/25/2014 1571008
177 Hughes Place $219,900 1975 08/14/2014 46809
820 Mcintosh Drive $199,000 1982 09/24/2014 5875
108 Macdowall Cres $199,900 1976 07/31/2014 601040
50 Bowerman Cres $204,900 1976 08/11/2014 49936
1593 East 4Th Street $207,500 1975 08/21/2014 39931
9 Plaxton Place $210,000 1976 05/05/2014 1471000
70 Lamont Cres $229,900 1976 07/30/2014 611014
38 Glass Drive $229,900 08/27/2014 33
24 Plaxton Place $239,900 1976 09/16/2014 131040
Averages: 941 1979 79$212,967
Address Price SQFT Age DOMSOLD Listings
1979S=1610 Allbright Cres 852
Sold Date
1610 Allbright Cres $97,500 1979 01/12/2007 87852
15 Bowerman Cres $185,000 1976 04/27/2014 21846
1566 East 4Th Street $185,500 1976 07/02/2014 30846
20 Plaxton Place $196,500 1976 10/15/2013 201063
217 Macdowall Cres $203,000 1977 10/07/2013 40936
99 Berezowsky Drive $214,900 1977 05/20/2014 6950
33 Lamont Cres $225,000 1976 09/30/2013 80875
91 Bowerman Cres $225,000 1975 06/11/2014 19824
87 Bowerman Cres $235,000 1976 03/21/2014 211104
Averages: 922 1976 36$196,378
$207,500
$205,857
Median of Comparable Listings:
Average of Comparable Listings:
On Average, the 'Sold' status comparable listings sold in 36.00 days for $196,378
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
List Price and Sale Price
This graph illustrates the list price, along with sale price in Sold listings.
0.0K
40.0K
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240.0K
108
Mac
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all C
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EET E
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Hughes
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Mac
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amont C
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amont C
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9 Pla
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LACE
91 B
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man
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99 B
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y DRIV
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Sum of List Price
Sum of Sale Price
Address
Pri
ce
Price Graph
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
Number of Days On Market
This graph illustrates the number of days on market for the listings in this analysis.
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108
Mac
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OW
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Address
Days On Market
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
820 McIntosh
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
1
875
1982
ACTIVE
09/24/2014
P1 Prince Albert
$199,000
09/24/2014
5
Excellent 3 bedroom bungalow completely upgraded. New
cabinets, flooring, light fixtures, doors, paint. Newer windows
(2006), furnace (2009), bathroom (2008). Basement walls
drywalled, floor painted. Shows great. Backyard fenced. A
real must see! Vacant .
1507 McIntosh
Bedrooms:
Bathrooms:
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Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
801
1989
ACTIVE
02/07/2014
P1 Prince Albert
$199,900
02/07/2014
234
Great starter home is located in River Heights. Originally this
was a 2+2 bedroom Bi-level that was converted to a 1+2.
Owner is presently ordering sliding doors so it could be used
as a 2+2 if needed. Upgrades include; new cabinets, newer
flooring on main, upgraded bathrooms with main having a jet
tub. Water heater replaced in Oct. 2013. Comes with a 12'X12'
shed under deck. Central vac & air. Average monthly energy:
$65.00, average monthly power: $71.00
1558 McIntosh
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DOM:
3
2
901
1983
ACTIVE
06/22/2014
P1 Prince Albert
$199,900
06/22/2014
99
Great bungalow in good River Heights Area. Spotlessly clean.
Shows great. Main floor has kitchen, dining area, living room,
2 bedrooms, 1 4 piece bath. Basement has combined family
room, rec. room, 1 bedroom, 3 piece bath, storage room.
Immaculate. Average power $45 energy $70.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
108 MacDowall
Bedrooms:
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Status:
List Date:
Area:
LP:
Listed:
DOM:
4
2
1,040
1976
ACTIVE
07/31/2014
P1 Prince Albert
$199,900
07/31/2014
60
Great family home in Riverview area. This 1040 square foot
bungalow has three bedrooms up and one down. High
efficiency furnace and newer exterior doors. Fully fenced
with two storage sheds. Includes 44' carport at side of
house. Huge rumpus room downstairs. Quiet area with
forested area behind. Paved pathway access to Rotary Trail
behind back yard and close to Miller Hill Park, public and
separate schools nearby.
50 Bowerman
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
936
1976
ACTIVE
08/11/2014
P1 Prince Albert
$204,900
08/11/2014
49
Nicely renovated! 3 bedroom bungalow with new paint
interior & exterior, furnace, central air, hot water tank,
shingles, eaves troughs & deck. Spacious eat-in kitchen with
oak cabinets open to a living room. Basement is fully
developed with new flooring. Spacious family room wired for
a second kitchen. Also a 3 piece bath & "Den" that could be
made into a 4th bedroom. Mature yard with lots of trees.
House is ready to move into!
1593 4th East
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Area:
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DOM:
4
2
931
1975
ACTIVE
08/21/2014
P1 Prince Albert
$207,500
08/21/2014
39
Spacious 3+1 bedroom bungalow close to school. Fireplace
in the living room to keep you cozy. Eat-in kitchen with oak
cabinets. Large family room, bedroom, 3 piece bath
downstairs. Deck off the rear with fully fenced yard.
Immediate possession available.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
9 Plaxton
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
1
1,000
1976
ACTIVE
05/05/2014
P1 Prince Albert
$210,000
05/05/2014
147
A great home with this 1000 sq/ft, 3 bedroom bungalow, with
a large back yard located on a quiet cul-de-sac. Recent
renovations include all but two windows on the main floor
have been replaced, soffit and Facia are newer and newer
flooring throughout the main floor. The basement is wide
open for development. Plenty of parking with a long single
asphalt driveway and a private screened in sun room to enjoy
the back yard.
866 Spencer
Bedrooms:
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4
2
1,008
1980
ACTIVE
04/25/2014
P1 Prince Albert
$214,900
04/25/2014
157
Terrific family home in River Heights. This 1008 sq. ft. 4
bedroom 2 bathroom bi-level with a fully developed basement
has 2 bedrooms up and 2 recently renovated bedrooms
down. Some features & upgrades include a wood burning fire
place with a new surround and hearth in 2012, newer flooring
in the living room and dining area & on stairs. Newly painted
basement features large family room and completely
upgraded bathroom. Water heater was replaced in 2007 a
new front door in 2013 and new light fixtures through-out.
The back yard is fully fenced, brick patio was completed in
2008 and north side of fence is new in 2013. Fridge, stove,
washer & dryer are included as well as the 42" TV in the living
room & shed in back yard. Energy $61. Gazebo set up in back
yard is included. $2,000 cash back to buyer for decorating
bonus.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
177 Hughes
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
809
1975
ACTIVE
08/14/2014
P1 Prince Albert
$219,900
08/14/2014
46
Move in ready affordable bi level. Let the two tiered deck lead
you to the spacious park like yard! Single detached garage
with full sized doors in front and back, man door on the side.
2 + 1 bedrooms. 4 piece bath up and 3 piece bath in fully
developed basement. Newer flooring through most of the
house.
70 Lamont
Bedrooms:
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Built:
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Area:
LP:
Listed:
DOM:
4
2
1,014
1976
ACTIVE
07/30/2014
P1 Prince Albert
$229,900
07/30/2014
61
Lovely 3+1 bedroom home located in River View. Features
include: new high efficiency furnace & R60 insulation 2010,
new eaves troughs and shingles 2011, new windows 2014.
Fully developed basement with large family room, 3 piece
bath, bedroom, utility room & cold room. Laminate flooring
through-out home. Fully fenced yard with large garden. Close
to schools & Cornerstone Shopping Centre. Power $99.
Energy $60. Great buy!
38 Glass
Bedrooms:
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Built:
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Area:
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Listed:
DOM:
0
0
ACTIVE
08/27/2014
P1 Prince Albert
$229,900
08/27/2014
33
Highest elevated lot at Adanac Pointe! Beautiful Northern
exposure overlooks the North Saskatchewan River & Prince
Albert Airport. Large (72.5'X163') lot, with full city amenities
yet still has that country feel. This could be the perfect
location for you!
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
24 Plaxton
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
3
1,040
1976
ACTIVE
09/16/2014
P1 Prince Albert
$239,900
09/16/2014
13
Attractive home located on nice cul-de-sac. 3 plus 1 bedroom
home with many upgrades including re-stuccoed exterior,
newer PVC windows, doors, renovated kitchen & laminate
flooring. Large deck off side entrance, fully fenced yard & 2
car detached garage. Newer EF furnace, water heater &
central air. A nice home at a terrific price!
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
1610 ALLBRIGHT
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
852
$97,500
1979
SOLD
10/17/2006
P1 Prince Albert
$102,900
10/17/2006
87
Beautifully maintained, super located & priced to sell!
Tastefully decorated bung. upgraded thru-out and in move-in
condition. Galley type kitchen, oak cabinets, DW, stove &
fridge included. Main bath features jet tub. Fully dev. bsmt &
C/Air. Well landscaped yard, fenced, UG sprinklers. Room for
garage & paved parking. A must see home. Immediate
possession available.
15 BOWERMAN
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
4
2
846
$185,000
1976
SOLD
04/06/2014
P1 Prince Albert
$185,000
04/06/2014
21
1566 4th East
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
846
$185,500
1976
SOLD
06/02/2014
P1 Prince Albert
$189,900
06/02/2014
30
Nice, clean bi-level in Riverview & close to schools. Newer
flooring on main level, newer counter tops, upgraded
bathroom vanity, new 16X22 garage is insulated & gyprocked,
beautiful new tiered back deck, newer fence. Garage is wired
for 220. Basement development will be finished with all trim &
3 piece bath.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
20 Plaxton
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
4
2
1,063
$196,500
1976
SOLD
09/25/2013
P1 Prince Albert
$199,900
09/25/2013
20
Solid home on quiet Riverview cul-de-sac. This 1063 sq. ft. 4
bedroom, 2 bathroom bi-level has been nicely updated over
the last 7 years. Updates include siding, soffits, facia,
furnace, water heater, flooring and kitchen countertops.
Double detached garage and large storage in baseent gives
this property a good amount of storage space.
217 MacDowall
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
5
1
936
$203,000
1977
SOLD
08/28/2013
P1 Prince Albert
$209,900
08/28/2013
40
Very nice 5 bedroom home in excellent Riverview location,
right across from a city park. Home features upgraded
kitchen with new lino, new laminate in living room and
bedrooms. Basement finished with wall to wall carpeting
through-out. All appliances included plus kitchen table and
chairs. A must see! Hurry, won't last long.
99 Berezowsky
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
5
2
950
$214,900
1977
SOLD
05/14/2014
P1 Prince Albert
$214,900
05/14/2014
6
Present owners have never used the wood fireplace.
Equalized energy $68.00, power $103.00. Fully finished home
on mature lot, side yard fenced. 3+2 bedrooms, 4th level
family room, very nice kitchen with kitchen door leading to
deck.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
91 Bowerman
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
3
2
824
$225,000
1975
SOLD
05/23/2014
P1 Prince Albert
$229,900
05/23/2014
19
Affordable bi-level home located by schools, green space,
walking trails & bus routes. Beautiful yard includes mature
trees/shrubs, garden area, three season large deck (13 X 19),
double detached garage & storage shed. Many upgrades
include: newer windows, furnace, shingles & flooring.
Includes espring water filtration system, central vac & custom
made blinds.
33 Lamont
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
4
2
875
$225,000
1976
SOLD
07/12/2013
P1 Prince Albert
$234,500
07/12/2013
80
So nice-great starter home in River View. 875 sq. ft., 3 + 1
bedroom bungalow with newer windows, oak
kitchen-upgraded with paint and some newer flooring, family
room with N/E fireplace, vinyl siding with insulation
underneath. Large 2 car detached garage and a gorgeous
fenced & landscaped yard. A must see! Energy $73 -
Power-$102
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
87 Bowerman
Bedrooms:
Bathrooms:
Sqft:
SP:
Built:
Status:
List Date:
Area:
LP:
Listed:
DOM:
2
2
1,104
$235,000
1976
SOLD
02/28/2014
P1 Prince Albert
$234,900
02/28/2014
21
Extremely well kept, clean & ready to move into Bungalow
with double det. garage. This home has had many upgrades
including newer windows on the main floor, exterior siding,
an updated kitchen with white cabinetry and newer counter
tops. Both bathrooms have been completely upgraded with
jet tub & tile tub surround & new vanity in the main floor bath,
newer shower & vanity in basement bath & both bathrooms
have cork flooring. There is a heated 14 x 12 sunroom off the
master bedroom & there are are two bedrooms on the main +
a den in the basement. The basement is fully finished with
two large family rooms (one could be made back into a
bedroom) + the den, a 3-pc bathroom, large laundry area and
storage space. The back yard is completely fenced, double
detached garage is insulated and includes a wood stove that
meets code and has alley access. All this is only a block from
an elementary school and park. This is a must see! Energy
$78
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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 Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
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.
Ø Clean driveway
Ø Freshly mown lawn
Ø Trimmed hedge
Ø Look at condition of Windows,
shutters, screen and gutters
Ø Does the property need painting?
Ø Make sure front door and any
windows are spotless including
doorknob
Cleanliness Counts
Once inside your property, cleanliness is
important.
Ø Most important is front hallway
Ø Kitchen and the bathrooms.
Ø Do a room-by-room cleaning
Ø out-of-sight
The state of the carpets can also be a
determining factor, have your carpets
cleaned, if they are worn, it’s wise to
replace
Less is More
Ø Clutter makes a poor impression.
Ø Get rid of, store or donate
unnecessary furniture.
Ø Walk through your property and think:
“Less is more.”
Repairs
Ø Make sure everything is in good
working order.
Ø Dripping faucets, squeaky steps and
loose doorknobs etc.
Little Things Count
Ø Improve the appearance of any room.
Ø You may want to replace worn rugs or
small pillows.
Ø Put new towels in the bathroom or
brighten up a room with a vase of
flowers.
Pull Together
Ø Make sure all household members
help tidy up and keep it that way.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
September 30, 2014, S6V 7C4
ALLBRIGHT CRES
What it Takes to Show
This page describes what it takes to show your property.
Scheduling the Showing
Ø Coordination is the key.
Ø All sales associates from our firm or a
cooperating broker will contact you to
schedule an appointment.
Ø You will be notified of the timing, and, if it’
s acceptable, the appointment will be
confirmed.
Ø If you can’t be reached, the showing will
proceed.
Timing
Ø Ordinarily, you’ll get plenty of notice about
an appointment request.
Ø For buyers that want to view ASAP or a
change in schedule, you’ll be given as
much notice as possible.
Special Instructions
Ø Information on pets, parking, security,
etc. will be listed in your property file.
Ø Sales associates wanting to show the
listing will receive a copy of the
instructions.
The Showing
Ø If you’re not on hand during a showing,
the sales associate will use the property’s
lock box to enter. If you’re available, sales
associates will introduce themselves and
give you a business card.
Privacy
Ø Limit the number of people at home.
Ø Let the buyer roam freely and discuss the
property with the sales associate without
interruption.
Ø A properly briefed sales associate will
know the buyer’s needs and will be able
to point out the features that meet the
requirements.
Contact Information
Ø If you’re not available to approve an
appointment request, leave a phone
number where you can be contacted so
you can be notified immediately about an
offer.
Previews
Ø Occasionally, sales associates may
schedule an appointment to view your
property without a buyer. By familiarizing
themselves with what’s on the market,
they will be an excellent position to alert a
buyer to a property that fits the bill.
Unscheduled Appointments
Ø Appointment requests must be made first
through your listing agent.
Ø Ask any people who show up without an
appointment to contact the listing agent to
request a showing. Even if the person
identifies himself or herself as a licensed
sales associate.
Researched and prepared by Rick Valcourt
Century 21 Prestige Real Estate 306-922-7444
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