Researched and prepared by Rick Valcourt Prepared exclusively for Prepared on November 25, 2014 Rick Valcourt Century 21 Prestige Real Estate 635 Branion Drive www.MyCandleLake.com Prince Albert, SK S6V2R9 3069606485 [email protected]Subject Property
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Researched and prepared by
Rick Valcourt
Prepared exclusively for
Prepared onNovember 25, 2014
Rick Valcourt Century 21 Prestige Real Estate
635 Branion Drivewww.MyCandleLake.comPrince Albert, SK [email protected]
Subject Property
November 25, 2014
Market Analysis ExplanationThis 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 sale2. Comparable homes that were recently sold3. 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 Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
November 25, 2014
This section summarizes the comparable listings contained in this market analysis.
ACTIVE10/23/2014P7 Prince Albert NE$124,90010/23/201432
1 and a half story , 3 bedroom home on 28.38 acres. Some out buildings with Large fenced dog run. Directions: Turn right at north side and go east for 11 kms. Property on north side across from Paddockwood school. House needs some TLC and is sold as is. Great potential at a low price.
ACTIVE09/03/2014P7 Prince Albert NE$149,90009/03/201482
You are located 43km from Prince Albert, you are about 20 minutes from Candle Lake & close to other fishing & lots of great hunting. The home has lots of updates: the sun room was built in the early 90's which is approximately 498 sq/ft, the basement is not finished. The property is for the horse lovers. There is a fence around the property. The owner will stay on the property until Oct. 30, 3015
ACTIVE06/20/2014P7 Prince Albert NE$169,90006/20/2014157
Awesome fully treed yard with an insulated & wired 26'X40' shop, phone, power, old well & lagoon septic. Natural gas is 1/2 mile away. This little piece of paradise would be a great start to a wonderful life. Very picturesque babbling brook runs along this beautiful property.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
ACTIVE09/25/2014P7 Prince Albert NE$399,90009/25/201460
The property is only 3.2km North of Meath Park & 43 km N.E. of Prince Albert & minutes from Candle Lake. Lots of great hunting & fishing nearby. Howard Creek runs of the East side of the property. Partially fenced, great for hay, pasture or crop. Garage is 24 X 26, barn is 26 X 48, older shop is 22 X 28, 2 hopper bottom bins 1350 bus. & 2000 bus. & 1350 flat bottom bin. A root cellar for gardening vegetables. This home is on the East side, great distance from the main road. Many upgrades to home. Must be seen.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD09/01/2011P7 Prince Albert NE$119,90009/01/201140
Get back to nature! Cozy 3 bedroom home on 28.38 acres across from Paddockwood School, priced to sell! 1-1/2 storey home has an open style living/dining room plus 2nd floor features a sunny dormer window/sun room area. Yard has 32' x 24' chain link kennel, 24' x 24' barn, and double detached garage. Some older outbuildings and attractive mature trees, hedges and garden area. You could turn this into your dream home!
SOLD04/06/2014P7 Prince Albert NE$139,90004/06/201425
Very affordable, 155.59 acre farm north of Paddockwood. Home partially upgraded with 5 bedrooms, 2 bathrooms, dining room and living room with cozy wood stove - new in 2011. New propane furnace installed in 2013. 30 x 50 heated work shop with concrete floor. Many other buildings on property. Great hunting. Act fast, won't last long. Power $86
Directions: Hwy 2 north to Christopher Lake corner - 16.2 km east - 4 km north, 1st house RHS.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD03/15/2014P7 Prince Albert NE$149,00003/15/201472
Outfitters and buyers seeking secluded treed property - this may be the one for you! 120 acres situated right off Forest Gate Rd, 35 minutes NE of Prince Albert. This parcel is home to many kinds of wildlife and waterfowl and offers several great building sites and amazing views. Gas, power and phone run along road frontage. Topography is made up of Birch, Spruce and Poplar and a small lake is on the property. We are in lake country with several lakes and golf courses close by. Directions: Proceeding North on Hwy #2N, go 6.5km past Christopher Lake turnoff to Forest Gate Road. Turn right. Proceed 2.2 km East. Sign on RHS.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
November 25, 2014
Hradecki Road Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
21784$141,5001963
SOLD02/20/2013P7 Prince Albert NE$169,90002/20/201363
Turn Left at Meath Park onto Hwy #355, after four miles, turn right onto to Hradecki Road. At 2 miles acreage is on the left hand side. Treed 14.36 acres with Barn, 20x30 ft. heated shop with 220 underground power , newer 24x26 2 car garage, Cozy 2 bedroom Bungalow with fireplace, upgrades done in 2009, gorgeous Bamboo flooring, High efficient furnace in 2009,new water heater in 2012, big porch and screened in 30x8 veranda with huge deck.Beautifully treed acreage.100 ft well. Septic to field pump out. Close to Meath Park School. Lock box on railing left of door. 195/mo for power...total for all
John's Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
311,152$157,5001988
SOLD09/19/2011P7 Prince Albert NE$169,90009/19/201181
Picturesque well treed acreage with Garden River running along side. Oak kitchen cabinets. Combined bath with jet tub and laundry has ceramic tile floor. Enjoy wild life right in your yard. Fruit trees. 2 car garage with attached shop. Partial basement for mechanical and storage. Average Power $250.00. Go North to Hanson Hill, turn and go East for 8 Km, turn left (North) for 1 mile, on RHS.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
November 25, 2014
Fox Pass Road Acreage Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
111,849$167,0002003
SOLD08/24/2013P7 Prince Albert NE$179,90008/24/2013163
Directions: Hwy 2 North past Christopher Lake turnoff, turn right go to end them turn right again to end of road and go left - property on RHS. Watch for signs
Nestled in the forest, just off Hwy #2 - A one of a kind 1849 square foot straw bale home with double garage and guest house powered by a combination of solar panels, propane back up, wood heat & well water with its own water purification system - you can kiss your utility bills good bye!! Home is constructed to CMHC guidelines. Private and peaceful retreat or year round home. Make it yours!
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
November 25, 2014
Paddockwood, Sk Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
331,248$170,0001981
SOLD02/27/2009P7 Prince Albert NE$184,90002/27/2009234
Private acreage in Lake country. East 25 min. to Candle Lake & W. 20 min. to Emma & Christopher Lakes. Spacious well maintained & immaculate home. 3 BR's, 3 baths. Efficient kitchen w/island, lots of cupboards & adjoining pantry/laundry. Metal roof on house. large insulated garage. Seller states water from Artesian well used for drinking. Past Paddockwood & go 4 km, turn South & go 1.5 km (end of road). Property is one of the few in the area that have Natural Gas service. 3.7 acre home was part of 1/4 section of cultivated land also available for sale, a separate parcel from acreage. Avg. Monthly Power costs - $98. Energy $131.
RM of Paddockwood Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
311,086$180,0001975
SOLD09/06/2011P7 Prince Albert NE$184,90009/06/2011192
Awesome acreage 3 miles East and 1 mile North from Paddockwood. Modular home with partial basement for mechanical equipment. Home has been extensively upgraded including newer windows, cabinets, roof, flooring. 30"x94' well, lagoon for sewage. Propane furnace & wood burning stove. Also includes large barn, heated shop, older 2 storey house and numerous sheds. All in good condition. Quick possession available.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
November 25, 2014
RM of Paddockwood Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
431,313$194,0001979
SOLD01/24/2012P7 Prince Albert NE$199,90001/24/201216
Attractive acreage in the heart of Lake Country. Beautifully treed, well manicured & excellent garden space. Spacious fully developed bungalow. Features 2 & 1/2 baths, Central air & central vac. Upgrades include new vinyl siding, new 50 year shingles, new facia, soffits, eaves & downspouts. Interior offers newer flooring, fixtures, paint & wood burning fireplace in living room. Screened in porch plus 2 tier deck off kitchen. A terrific buy, move in condition. Directions: At Northside go 8km east, property on left hand side.
SOLD04/11/2014P7 Prince Albert NE$239,90004/11/2014104
Very affordable acreage north of Paddockwood. Home features 3 bedrooms master bedroom has 3pc ensuite, 2 bathrooms main bathroom completely renovated, large living room with vaulted ceilings and cozy wood stove, some new windows, spacious kitchen with huge dining area, new washer and dryer 2012, new propane furnace and dishwasher 2013, 8x20 screened in deck at back of house and 5.5x6.5 screened in deck in front of house. Lots of great hunting. A must see won't last long.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD10/05/2011P7 Prince Albert NE$245,00010/05/2011183
Affordable acreage in the Heart of Lake Country. 2 full quarters of land, super for horses, hobby farming or cattle. Nice 3 bedroom bungalow with upgrades (list at office), large hip roof barn (newly painted & metal roof) & cement floor. Fenced and cross fenced, 3 strand electric. Dugout and year round creek running through property. 2 wells on property. Terrific hunting and fishing area. A great place for the kids. Directions: Past Christopher Lake 7 Km to Forest Gate Road, East 10.5 Km, left 5 Km. On LHS.
3 mile Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
432,400$265,0002004
SOLD02/16/2011P7 Prince Albert NE$269,90002/16/201126
Gorgeous home with absolutely beautiful setting & 160 acres at your disposal. Open oak kitchen, pantry & large eating area. Ceramic tile thru-out & very spacious rooms. 4 bedrooms, master features 3pc bath/jacuzzi tub. Spare bedroom also offers additional 3pc bath. Formal dining & main floor laundry. Bungalow has scratch coat, needs stucco to complete & deck needs to be added. Septic is laoon system. Unbelievable yard. Go 4 Kms East of Paddockwood, turn North at 3 mile Road, on RHS.
904 Mar Lor Place Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
421,650$265,0001976
SOLD04/11/2014P7 Prince Albert NE$279,90004/11/201496
Come view this sprawling bungalow on 3 acres. Numerous quad trail nearby. City water, natural gas, separate 24X30 heated garage with workshop. Secluded yet close to town! Master bedroom has full ensuite and walk-in closet. Directions: Just North of P.A. take Redwing Road East- total of 4.3km. Road will go past Hamon Farm, then will bend North, then East. Home is 1st right after ice rink.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
SOLD Listing Details
November 25, 2014
Garden River Acreage Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
531,424$330,0001975
SOLD03/07/2014P7 Prince Albert NE$349,90003/07/201414
Quiet setting only minutes from Prince Albert. Good solid 5 bedroom bungalow situated on 9.9 acres. Loads of upgrades include; newer kitchen with engineered hardwood flooring, counter tops, 2 newer bathrooms & living room window. 2 wood burning fireplaces & screened in deck. Fully renovated basement. High eff. furnace, reverse osmosis & 36" bored well with newer pressure system. Beautifully treed yard & huge 26X34' insulated older shop & out buildings. Hi-speed internet. Only 1/2 mile off pavement. Power: $280.00, Energy: $72.00.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
This page details the comparable listings contained in this market analysis.
EXPIRED04/09/2014P7 Prince Albert NE$299,90004/09/2014208
Spacious 2 storey home on 20 acres of country living, 5km North of Paddockwood. This 2416 sq/ft two story home built in 1980 has 4 spacious bedrooms including large master with 3/4 ensuite. Geo thermal heating and newer windows make this a very cost efficient home. Multiple outbuildings including 20'X24' garage, 28 X 18 shop, 40' X 80' barn and 20' X 100' pole shed.
RM of Paddockwood Bedrooms:Bathrooms:Sqft:SP:Built:
Status:List Date:Area:LP:Listed:DOM:
442,600
1978
EXPIRED07/27/2011P7 Prince Albert NE$307,90007/27/2011366
This 2600 sq.ft. two story split is situated on 160 acres north or Prince Albert. House was built in 1978 and has 4 bdrooms on 2nd floor and 3 bathrooms. Geothermal heat was installed in 2010. Beautifully landscaped & manicured lawn with large garden space and plum & apple trees. 140 acres cultivated and 20 acre yard site. Property has two older garages and barn, 30' x 110' cattle shelter as well as some corrals, loading chute, dugout as well as a few grainaries will remain. Close to great hunting and fishing.
Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444
November 25, 2014
The Importance of PricingThis 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444
November 25, 2014
Activity vs. TimingThis 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444
November 25, 2014
The Effect of Over PricingThis 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444
November 25, 2014
Setting the PriceThis 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444
Marketing StrategyUsing knowledge, expertise and technology to sell your home!
Rick ValcourtRick Valcourt
Real Estate Consultant, Century 21 Prestige RealEstate, 635 Branion DrivePrince Albert, Saskatchewan S6V2R9
Phone: Phone: 306-960-6485Cell : Cel l : 306-960-6485Fax: Fax: 306-763-0001Email: Email : [email protected]: Website: www.mycandlelake.com