#10 nobles

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Researched and prepared by Rick Valcourt Prepared exclusively for Tim & Lisa Clifford Prepared on November 14, 2014 Rick Valcourt Century 21 Prestige Real Estate 635 Branion Drive www.MyCandleLake.com Prince Albert, SK S6V2R9 3069606485 [email protected] Subject Property 438 Stone Court Saskatoon, Sk S7M 4S2

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Page 1: #10 nobles

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Tim & Lisa Clifford

Prepared onNovember 14, 2014

Rick Valcourt Century 21 Prestige Real Estate

635 Branion Drivewww.MyCandleLake.comPrince Albert, SK [email protected]

Subject Property

438 Stone Court

Saskatoon, Sk

S7M 4S2

Page 2: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

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 two categories:

1. Comparable homes that are currently for sale2. 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 3: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

This section summarizes the comparable listings contained in this market analysis.

Summary of Comparable Listings

Address Sale Price SQFT Age DOMACTIVE Listings

S=#10 Nobles Street 768List Date

26 Hayes Drive $139,000 1976 05/08/2014 1902802 Martin Drive $168,500 2005 09/06/2014 6978412 Alder Place $172,000 1960 05/01/2014 197994

Averages: 686 1980 152$159,833

Address Sale Price SQFT Age DOMCONDITIONAL SALE Listings

S=#10 Nobles Street 768Off Market

31 White Poplar Cres $175,000 1984 12/31/2014 247832Averages: 832 1984 247$175,000

Address Sale Price SQFT Age DOMSOLD Listings

S=#10 Nobles Street 768Sold Date

8 Parkland Road $132,500 06/13/2014 14990451 Main Street $139,000 06/03/2014 49528#10 Nobles Street $140,000 08/26/2010 327689 Kingsway $150,000 07/29/2013 307528107 Lakeview Drive $150,000 1972 04/20/2014 330572103 Main Street $158,000 11/04/2014 4380024 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 73792

Averages: 738 993 149$151,375

$154,000$155,458

Median of Comparable Listings: Average of Comparable Listings:

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 4: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

This section summarizes the comparable sold listings in this market analysis.

Table Summary of Comparable Solds

Address List Price

SOLD ListingsSale Price

$ ChangeList Price to

Sold Price Sold Date DOM

% ChangeList Price toSold Price

8 Parkland Road $169,800 $132,500 $-37,300 06/13/2014 149-21.97%

51 Main Street $149,000 $139,000 $-10,000 06/03/2014 49-6.71%

#10 Nobles Street $149,000 $140,000 $-9,000 08/26/2010 32-6.04%

9 Kingsway $172,000 $150,000 $-22,000 07/29/2013 307-12.79%

107 Lakeview Drive $154,750 $150,000 $-4,750 04/20/2014 330-3.07%

103 Main Street $165,000 $158,000 $-7,000 11/04/2014 43-4.24%

24 Ken Cres $184,900 $166,500 $-18,400 04/07/2014 210-9.95%

18 Pine Cres $198,500 $175,000 $-23,500 07/15/2014 73-11.84%

AverageMedianMinimumMaximum

$167,869$167,400$149,000$198,500

$151,375$150,000$132,500$175,000

$-16,494$-14,200

$-4,750

149 111 32 330

-9.58%-8.33%

-3.07%-21.97%$-37,300

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 5: #10 nobles

Summary of Comparable ListingsThis page summarizes the comparable listings contained in this market analysis.

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

Address Price SQFT Age DOMACTIVE Listings

S=#10 Nobles Street 768List Date

26 Hayes Drive $139,000 1976 05/08/2014 1902802 Martin Drive $168,500 2005 09/06/2014 6978412 Alder Place $172,000 1960 05/01/2014 197994

Averages: 686 1980 152$159,833

Address Price SQFT Age DOMCONDITIONAL SALE Listings

S=#10 Nobles Street 768Off Market

31 White Poplar Cres $175,000 1984 12/31/2014 247832Averages: 832 1984 247$175,000

Address Price SQFT Age DOMSOLD Listings

S=#10 Nobles Street 768Sold Date

8 Parkland Road $132,500 06/13/2014 14990451 Main Street $139,000 06/03/2014 49528#10 Nobles Street $140,000 08/26/2010 327689 Kingsway $150,000 07/29/2013 307528107 Lakeview Drive $150,000 1972 04/20/2014 330572103 Main Street $158,000 11/04/2014 4380024 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 73792

Averages: 738 993 149$151,375

$154,000$155,458

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 149.13 days for $151,375

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 6: #10 nobles

Table Summary of Comparable SoldsThis page summarizes the comparable sold listings in this market analysis.

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

Address List Price

SOLD ListingsSale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

Parkland Road $169,800 $132,500 $-37,300 06/13/2014 149-21.97Main Street $149,000 $139,000 $-10,000 06/03/2014 49-6.71Nobles Street $149,000 $140,000 $-9,000 08/26/2010 32-6.04Kingsway $172,000 $150,000 $-22,000 07/29/2013 307-12.79Lakeview Drive $154,750 $150,000 $-4,750 04/20/2014 330-3.07Main Street $165,000 $158,000 $-7,000 11/04/2014 43-4.24Ken Cres $184,900 $166,500 $-18,400 04/07/2014 210-9.95Pine Cres $198,500 $175,000 $-23,500 07/15/2014 73-11.84

AverageMedianMinimumMaximum

$167,869$167,400$149,000$198,500

$151,375$150,000$132,500$175,000

$-16,494$-14,200

$-4,750

149 111 32 330

-9.58-8.33

-3.07-21.97$-37,300

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 7: #10 nobles

This page details the comparable listings contained in this market analysis.

ACTIVE Listing Details

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

26 Hayes Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

11280

1976

ACTIVE05/08/2014P7 Prince Albert NE$139,00005/08/2014190

Seasonal 280 sq ft cabin for sale in Candle Lake, Sk. MARINA SPOT INCLUDED. This small cabin features 1 bedroom and kitchen/sitting area, 4 pc bathroom in adjacent 12 x 8ft building along with water heater. Fridge & Stove 3 years old. Couch is a hide a bed. 700 gal water holding tank. Located in the Nobles Point Subdivision.Septic- 1200 gal. Lot size is 69.95 x 119.95. Power is $65.00 every 3 months.

2 Martin Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

21784

2005

ACTIVE09/06/2014P7 Prince Albert NE$168,50009/06/201469

An affordable starter cabin located in Fisher Creek subdivision at Candle Lake, Sk. Features include: log siding, metal roof, pine interior & vaulted ceilings. Large 50 X 100 lot plenty of room for a garage. You'll be able to enjoy this year-round as it is electric & wood heat.

12 Alder Place Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

31994

1960

ACTIVE05/01/2014P7 Prince Albert NE$172,00005/01/2014197

Seasonal cabin for sale in Candle Lake, Sk. 934 sq ft with 3 bedrooms and 1 bathroom, and porch area. This is a good starter cabin. Natural gas to building. Shingles replaced in 2009. Includes fridge and stove and furnishings. Located on the east side of the lake in Hayes east subdivision. Private well and septic.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 8: #10 nobles

This page details the comparable listings contained in this market analysis.

SOLD Listing Details

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

51 Main Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

21528$139,000

SOLD04/15/2014P7 Prince Albert NE$149,00004/15/201449

This should check all the boxes if you are looking for a starter cabin at the lake. Just steps from one of the nicest beaches at Candle Lake. This 2 bedroom cottage is centrally located on the south end of Candle Lake. Cabin can be used year round with natural gas forced air furnace along with 4 season water.Summer is coming soon so start living the lake life with your family.Very affordable & move in ready

#10 Nobles Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

22768$140,000

SOLD07/25/2010P7 Prince Albert NE$149,00007/25/201032

Updated 768sq/ft mobile home has 2 bedrooms, 1-1/2 baths. A second building has a 1/2 bath with 2 bedrooms & a family room. 2nd buildings is 408sq/ft & shares a common deck with the mobile home. The deck area leads to a bricked patio area. The backyard is in grass & has a garden spot with 2 garden sheds. The home is fully furnished & is heated with natural gas fireplace. A great starter seasonal cottage on a large lot.

107 Lakeview Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

31572$150,0001972

SOLD05/25/2013P7 Prince Albert NE$154,75005/25/2013330

A great starter cabin in the Fisher Creek area of Candle Lake. A seasonal cottage with 3 bedrooms & a 3 piece bathroom. Water is supplied by the neighbor. Large decked area. Storage shed in back for your boating needs. Only a short walk to one of the nicest beaches in Candle Lake. Take a look at your future Candle Lake retreat.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 9: #10 nobles

This page details the comparable listings contained in this market analysis.

SOLD Listing Details

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

103 Main Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

31800$158,0000

SOLD09/22/2014P7 Prince Albert NE$165,00009/22/201443

Wonderful family cabin located in the Waskateena area. 800 sq. ft. 3 bed, 1 bath. Great yard with park like public reserve next to the cabin, access and view of Waskateena Beach. Lot 50 x 105, open concept, large front deck (2 yrs old), large shed/guest house. Cuddle up to wood fireplace, insulated cement footing, gas to the building, metal facia, siding, law maintenance yard, septic, water tank. Priced to sell, come check it out. Comes fully furnished. Call Rick V for details, "Your Real Estate Consultant."

8 Parkland Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

31904$132,5000

SOLD01/15/2014P7 Prince Albert NE$169,80001/15/2014149

902 sq/ft, 3 bedroom/1 bath located on pie shape 1/2 acre lot. Great cabin is quite location with plenty of room for all your toys. Single detached garage with the bonus of attached carport. Nice yard with large wrap around deck. Metal roof with wood trimming through out the home giving it that great cabin feeling that we all love. Comes turn key with all furniture, appliance, so just grab the family come enjoy your new cabin at the lake. Excellent investment potential and great area for the kids. Come check it out!

9 Kingsway Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

21528$150,000

SOLD09/25/2012P7 Prince Albert NE$172,00009/25/2012307

Scenic lakeview seasonal cottage on the west side of Candle Lake only a short distance from pavement & sandy beaches. Pine vaulted ceilings, oak panelling. Large deck area.Priced to sell

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 10: #10 nobles

This page details the comparable listings contained in this market analysis.

SOLD Listing Details

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

24 Ken Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

311,008$166,500

SOLD09/09/2013P7 Prince Albert NE$184,90009/09/2013210

This 1008 sq. foot 3 bedroom seasonal is located in the desirable Telwin subdivision of Candle Lake. Cottage interior is accented with cedar walls & ceiling. Ample kitchen space with large family room. Decks on 2 sides, firepit in backyard. A small shed for storage.This property also comes with a highly sought after marina berth & boat list. Just listed @ $184,900.00

18 Pine Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

21792$175,0002001

SOLD05/03/2014P7 Prince Albert NE$198,50005/03/201473

Year round cabin located in Candle Lake, Sk. Enjoy this 792 sq ft home built in 2001. Features 2 bedrooms, 1 bath. Includes a 12 x 14 ATV garage which is insulate with two doors for easy in and out plus a coverall for your boat or vehicle. Water is a shared well and 1300 gal septic tank. This cozy cabin is in great shape and located on a larger lot. Sit on the deck and watch the morning sun or sunset with your cup of coffee. Heated by electric forced air and also a wood stove. Includes fridge and stove. A 220 outlet is also wired in. Enjoy all the lake has to offer - swimming, boating, fishing, water skiing, golfing or just relaxing on the sandy beaches. For the winter enjoy - snowmobiling, cross country skiing, curling, ice fishing or sitting by the warmth of the wood stove.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 11: #10 nobles

This page details the comparable listings contained in this market analysis.

Others Listing Details

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

31 White Poplar Bedrooms:Bathrooms:Sqft:SP:Built:

Status:List Date:Area:LP:Listed:DOM:

11832

1984

CONDITIONAL SALE03/12/2014P7 Prince Albert NE$175,00003/12/2014247

Hidden Gem!! 832 sq/ft, one & a half storey cabin. Located on West side of Candle Lake, steps away from a great beach area. Quiet cul-de-sac street in great neighborhood. Low maintenance cabin, cedar siding with great front & back yard, perfect for sitting around the fire with friends and family. Even though 1 bedroom (easily converted back to two) there is plenty of room in the loft (432 sq/ft) to fit the whole family. 4 Season, Electric heat & wood fireplace, shared well and 1000 gallon septic. Great Cabin feeling, move right in. The combination of pine vaulted ceilings & open lofts with spiral staircase, give you a great cabin feeling that kids just love. Don't miss out on this wonderful Candle Lake cabin. Call Rick V today "Your Real Estate Consultant."

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 12: #10 nobles

Minimums and MaximumsThis page summarizes key fields of the listings in this analysis.

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

Priced between $139,000 and $198,500

1 to 3 Bedrooms

Built between 0 to 2005

280 to 1,008 Square Feet

The listings in this analysis can be summarized as follows:

1 to 2 Bathrooms

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 13: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

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

Page 14: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

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

Page 15: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

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

Page 16: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

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

Page 17: #10 nobles

November 14, 2014Prince Albert, SOJ 3E0Nobles STREET

The Pitfalls of OverpricingThis 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 ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 18: #10 nobles

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