volek's

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Volek's

Prepared onNovember 02, 2014

Rick Valcourt Century 21 Prestige Real Estate

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

Subject Property

216 19 St East

Prince Albert, SK

November 02, 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 02, 2014

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

Summary of Comparable Listings

Address Sale Price SQFT Age DOMACTIVE Listings

S=List Date

651 East 20Th Street $139,000 1920 08/15/2014 79544530 East 19Th Street $139,900 1912 08/27/2014 67789526 East 19Th Street $144,900 1912 06/23/2014 1328642502 Central Avenue $145,000 04/15/2014 2010453 East 19Th Street $154,900 1948 12/31/2013 306900203 East 23Rd Street $156,900 1953 05/26/2014 160920126 East 24Th Street $156,900 1953 10/02/2014 31920207 East 25Th Street $159,900 1940 08/06/2014 88618119 East 18Th Street $162,500 1910 05/08/2014 1781028

Averages: 731 1716 138$151,100

Address Sale Price SQFT Age DOMCONDITIONAL SALE Listings

S=Off Market

2010 East 1St Avenue $169,900 1912 04/30/2015 161116Averages: 1116 1912 16$169,900

Address Sale Price SQFT Age DOMSOLD Listings

S=Sold Date

581 East 20Th Street $125,000 1942 05/01/2014 18686512 East 21St Street $152,500 1932 05/29/2014 176640155 East 24Th Street $153,000 1953 08/05/2014 71920355 East 20Th Street $155,000 1942 07/17/2014 124977535 East 21 Street $156,000 1942 05/18/2014 4677254 East 21St Street $162,000 1951 05/28/2014 14852447 East 20Th Street $162,500 1948 04/17/2014 22697520 East 28Th Street $163,500 1912 02/06/2014 91930218 East 24Th Street $165,000 1953 02/24/2014 12933244 East 19Th Street $169,900 1955 07/24/2014 22817441 East 20Th Street $174,500 1948 05/15/2014 24850

Averages: 850 1943 75$158,082

$156,900$155,652

Median of Comparable Listings: Average of Comparable Listings:


November 02, 2014

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

581 East 20Th Street $129,900 $125,000 $-4,900 05/01/2014 18-3.77%

512 East 21St Street $159,900 $152,500 $-7,400 05/29/2014 176-4.63%

155 East 24Th Street $162,900 $153,000 $-9,900 08/05/2014 71-6.08%

355 East 20Th Street $169,900 $155,000 $-14,900 07/17/2014 124-8.77%

535 East 21 Street $159,900 $156,000 $-3,900 05/18/2014 46-2.44%

54 East 21St Street $169,900 $162,000 $-7,900 05/28/2014 14-4.65%

447 East 20Th Street $169,900 $162,500 $-7,400 04/17/2014 226-4.36%

20 East 28Th Street $167,000 $163,500 $-3,500 02/06/2014 91-2.10%

218 East 24Th Street $169,900 $165,000 $-4,900 02/24/2014 12-2.88%

244 East 19Th Street $169,900 $169,900 $0 07/24/2014 22 0.00%

441 East 20Th Street $179,900 $174,500 $-5,400 05/15/2014 24-3.00%

AverageMedianMinimumMaximum

$164,455$169,900$129,900$179,900

$158,082$162,000$125,000$174,500

$-6,373$-5,400

$0

75 46 12 226

-3.88%-3.77%

0.00%-8.77%$-14,900


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

November 02, 2014

Address List Price

SOLD ListingsSale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

East 20Th Street $129,900 $125,000 $-4,900 05/01/2014 18-3.77East 21St Street $159,900 $152,500 $-7,400 05/29/2014 176-4.63East 24Th Street $162,900 $153,000 $-9,900 08/05/2014 71-6.08East 20Th Street $169,900 $155,000 $-14,900 07/17/2014 124-8.77East 21 Street $159,900 $156,000 $-3,900 05/18/2014 46-2.44East 21St Street $169,900 $162,000 $-7,900 05/28/2014 14-4.65East 20Th Street $169,900 $162,500 $-7,400 04/17/2014 226-4.36East 28Th Street $167,000 $163,500 $-3,500 02/06/2014 91-2.10East 24Th Street $169,900 $165,000 $-4,900 02/24/2014 12-2.88East 19Th Street $169,900 $169,900 $0 07/24/2014 22 0.00East 20Th Street $179,900 $174,500 $-5,400 05/15/2014 24-3.00

AverageMedianMinimumMaximum

$164,455$169,900$129,900$179,900

$158,082$162,000$125,000$174,500

$-6,373$-5,400

$0

75 46 12 226

-3.88-3.77

0.00-8.77$-14,900


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

November 02, 2014

Address Price SQFT Age DOMACTIVE Listings

S=

List Date

651 East 20Th Street $139,000 1920 08/15/2014 79544530 East 19Th Street $139,900 1912 08/27/2014 67789526 East 19Th Street $144,900 1912 06/23/2014 1328642502 Central Avenue $145,000 04/15/2014 2010453 East 19Th Street $154,900 1948 12/31/2013 306900203 East 23Rd Street $156,900 1953 05/26/2014 160920126 East 24Th Street $156,900 1953 10/02/2014 31920207 East 25Th Street $159,900 1940 08/06/2014 88618119 East 18Th Street $162,500 1910 05/08/2014 1781028

Averages: 731 1716 138$151,100

Address Price SQFT Age DOMCONDITIONAL SALE Listings

S=

Off Market

2010 East 1St Avenue $169,900 1912 04/30/2015 161116Averages: 1116 1912 16$169,900

Address Price SQFT Age DOMSOLD Listings

S=

Sold Date

581 East 20Th Street $125,000 1942 05/01/2014 18686512 East 21St Street $152,500 1932 05/29/2014 176640155 East 24Th Street $153,000 1953 08/05/2014 71920355 East 20Th Street $155,000 1942 07/17/2014 124977535 East 21 Street $156,000 1942 05/18/2014 4677254 East 21St Street $162,000 1951 05/28/2014 14852447 East 20Th Street $162,500 1948 04/17/2014 22697520 East 28Th Street $163,500 1912 02/06/2014 91930218 East 24Th Street $165,000 1953 02/24/2014 12933244 East 19Th Street $169,900 1955 07/24/2014 22817441 East 20Th Street $174,500 1948 05/15/2014 24850

Averages: 850 1943 75$158,082

$156,900$155,652

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 74.91 days for $158,082


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

November 02, 2014

Priced between $129,900 and $179,900

0 to 6 Bedrooms

Built between 0 to 1955

0 to 1,116 Square Feet

The listings in this analysis can be summarized as follows:

0 to 4 Bathrooms


November 02, 2014

List Price and Sale PriceThis graph illustrates the list price, along with sale price in Sold listings.

0.0K

20.0K

40.0K

60.0K

80.0K

100.0K

120.0K

140.0K

160.0K

180.0K

119 1

8th STREET E

126 2

4th STREET E

155 2

4th STREET E

20 28

th STREET E

2010

1ST A

VENUE E

203 2

3rd STREET E

207 2

5th STREET E

218 2

4th STREET E

244 1

9th STREET E

2502

centra

l AVENUE

355 2

0th STREET E

441 2

0th STREET E

447 2

0th STREET E

453 1

9th STREET E

512 2

1st S

TREET E

526 1

9th STREET E

530 1

9th STREET E

535 2

1 STREET E

54 21

st STREET E

581 2

0th STREET E

651 2

0th STREET E

Sum of List PriceSum of Sale Price

Address

Pric

e

Price Graph


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

ACTIVE Listing Details

November 02, 2014

651 20th East Bedrooms:Bathrooms:Sqft:SP:Built:

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

21544

1920

ACTIVE08/15/2014P1 Prince Albert$139,00008/15/201479

Great home in good area of East Hill. Large double lot & large 24X 26 double insulated garage. Upgrades include; almost all newer windows through-out, newer side door off living room, newer shingles on main part of house, newer overhead doors & openers in garage.



21789

1912


Two bedroom bungalow with a private back yard affordable priced. All appliances included. Renter has been in place for the last 4 years. Rent is $700.00 per month plus utilities. Newer windows, and water heater, located on a quiet street close to Superstore and the Corner stone shopping area



31864

1912


Terrific East Hill starter home! This totally remodeled 3 bdrm home features new flooring, cupboards, countertops, bathroom, shingles, siding plus much more! Fully fenced back yard is great for kids and pets! Upgraded plumbing and electrical, plus newer water tank (2012) add to the value. Don't miss out-come take a look!




November 02, 2014

2502 central Bedrooms:Bathrooms:Sqft:SP:Built:


000

0


Large lot ready to build a home or multi-family property with approved rezoning. Lot was recently serviced with water and sewer to accommodate a multi family structure. Lot is clean and bare, has never been built on. Conveniently located on Central ave across from Kinsmen Park.



31900

1948


This home is completely remodelled inside and out. Includes updated kitchen, windows, siding, floors (hardwood on main), ceramic tile in kitchen and bathroom, plus attractive roadside appeal. Home also has easy access alley way parking. Come view this home in East Hill today!




November 02, 2014

203 23rd East Bedrooms:Bathrooms:Sqft:SP:Built:


31920

1953


The work’s all done. This three bedroom super starter or revenue home has been freshly painted, from ceilings and closets to the basement floor. Spotlessly clean, and ready for immediate occupancy. Updated bathroom, newer windows. Water heater was replaced in August 2010. Bright open basement is ready for development. Mature landscaping and trees, great location close to community club/rink, school and church. No Surveyor's Certificate. No Property Condition Disclosure Statement. All offers must be accompanied by Schedule "A". Possession date at least 4 weeks from firm sale/removal of conditions and on a weekday - no weekends or stat holidays. House sold "as is". Appliances and chattels sold "as is" and are not warranted or guaranteed to be in working condition. Mineral title not included.



31920

1953


What a super place to start! Totally upgraded 1 1/2 story home with loads of upgrades such as newer PVC windows, interior freshly painted, newer bathroom, new flooring, newer kitchen cabinets and newer furnace & water heater. Stove and fridge incl. Bsmt open for development. Super location, close to schools, shopping and Prime Ministers Park. No Surveyors certificate, no PCDS and all offers to be accompanied by a Schedule "A". Offers to be received by no later than 1 pm on October 9, 2014 and left open for acceptance until 5 pm on October 9, 2014.




November 02, 2014



11618

1940


Stop paying rent. Super East Hill 1 bedroom starter, could easily be put back to 2 bedrooms. Full basement, 2 blocks to kinsmen park. Upgrades include newer vinyl siding, soffits, eaves trough and shingles. Upstairs windows have all been replaced & new blinds. Upgraded bathroom with Jacuzzi tub. Huge back yard with room for garage and newer large treated deck. Average monthly power $64.00, energy 85.00.



221,028

1910


East Hill Charmer! If you are looking for an affordable home with loads of character this is it! This 2 bedroom plus den 1 3/4 storey home has plenty of original wood work and hardwood floors- with all main floor hardwood floors recently refinished! The freshly painted living room and formal dining room have plenty of windows to let in the light! Good sized kitchen features white European cabinets and includes appliances. There is also a newer 2 pc bathroom on the main floor. The 2nd floor has 2 bedrooms, a 4 pc bath with original claw foot tub, and a small room off the hall perfect for a reading nook, or small desk. The basement has a large laundry/utility room with washer & dryer, an efficient Lennox furnace, a handy den/bedroom (with 2 small windows), plus a cold room/storage room. 25 yr shingles and vented fascia were installed in 2013, and this home has upgraded plumbing and electrical! Brand new front step! Large 54 x 122 lot is partially fenced and has a garden area, and a single detached garage with room for RV parking. Average E: $85 mth. This property will make a perfect home-don't miss out!



SOLD Listing Details

November 02, 2014



21686$125,0001942

SOLD04/13/2014P1 Prince Albert$129,90004/13/201418

Upgrades include; new furnace, water tank, air exchanger, plumbing, upgraded electrical, new doors, all new windows but three, new garage door & opener, new fence on three sides.

512 21st East Bedrooms:Bathrooms:Sqft:SP:Built:


21640$152,5001932


Adorable & affordable East Hill home in mint condition. Many upgrades including new windows, hot water tank, new siding, soffits, fascia on single detached garage. Reverse osmosis installed as well. Zero-scaped yard make this a low maintanence home. 2 bedrooms, 1 bathroom, super clean and cozy. Ready to move into! Average monthly energy: $60.00, power: $50.00

535 21 East Bedrooms:Bathrooms:Sqft:SP:Built:


31772$156,0001942


Super cute 2 + 1 bedroom, 1 and a half story home in great east hill location. Spacious living room and formal dining room with beautiful custom built---in wall unit. Dining room is currently used as a third bedroom. Basement is partially finished and contains a third bedroom. The back yard is a garden lovers dream. It has been organically worked for 30 years and has crabapple, chokecherry and cherry trees. It also has a rose bed and many perennials, from irises, lily of the valley, to ferns and peonies. It is a very productive yard and if you want to become more self sufficient, there is no set up required. It is all here. Energy $75




November 02, 2014



31920$153,0001953


Freshly painted from top to bottom. Very clean well maintained home is ready to move into. Would make an ideal first home or investment property. Main floor windows were new in 2001. Basement is bright, clean and open for development. Back alley, with parking at rear. Located in a mature neighbourhood just a few blocks from school, church and park. No Surveyor's Certificate. No Property Condition Disclosure Statement. All offers must be accompanied by Schedule "A". Possession date at least 4 weeks from firm sale/removal of conditions and on a weekday - no weekends or stat holidays. House sold "as is". Appliances and chattels sold "as is" and are not warranted or guaranteed to be in working condition. Mineral title not included.



23930$163,5001912


This extensively remodeled 1 1/2 story home, with an updated floor plan, features newer windows, light fixtures, bathrooms, carpet and refinished original hard wood floors. In 2011 the shingles, eaves troughs, and water heater have all been replaced, sod has been laid, and the property has been extensively landscaped. Main floor has large KI, DI with nook, living room, master bedroom with ensuite and walk-in closet, and another 2 piece bath near back entrance and porch. 2nd floor has a full bathroom and 1 very long bedroom with ample storage space. More living space in basement with laundry, more storage and a large laundry room. This home has alley access with loads of parking and is priced to sell. Great starter home or income property. More information available at www.princealbertproperties.com.




November 02, 2014



22977$155,0001942


Here's an excellent buy! Priced well below appraised value, this attractive 2+1 bedroom home is fully developed & features a spacious kitchen with nook & a large living room area. All appliances included. Upgraded main bathroom. Beautiful chain link fenced yard, concrete patio & gazebo. Single car garage. Energy:$85.00, Power:$113.00.

54 21st East Bedrooms:Bathrooms:Sqft:SP:Built:


42852$162,0001951


Super starter or retirement home in good East Hill location. Appliances included. Hardwood floors in living room, hallway & master bedroom. Basement development includes a kitchen, living room, bathroom & 2 bedrooms. 2 fridges, 2 stoves, washer & dryer included. Legal Desc: Lot 61, Blk 11, Plan E, Lot 71, Blk 11, Plan 101661511 Ext 54, Lot 72, Blk 11, Plan 101661511 Ext. 57, Lot 78, Blk 11, PLan 101661498 Ext 104. (Old legal Desc: E 1/2 of Lot 60, All of 61 & W 1/2 of 62, Blk 11, Plan E)



31975$162,5001948


Ideal East Hill starter home. One and a half storey family home. One bedroom on main level, 2 bedrooms up. Seller states original hardwood under carpet in living room, dining room & upstairs bedrooms. Family room in basement with bar and laundry area. Double detached garage. Well maintained by same owner since 1971. Main floor insulation was redone. Make an offer!




November 02, 2014



31933$165,0001953


Awesome starter home opportunity! Recently upgraded 2+1 bedroom, 1 1/2 storey home located in desirable East Hill area. New laminate & lino throughout main floor, newer carpet on 2nd floor and stairwell. Fresh paint on both levels including new base and case. Double glazed PVC windows installed in 2001. Huge fully fenced yard with single parking in front of home. Power $98. Energy $87. A must see!



32817$169,9001955


Super nice starter home with 1 Br suite to help with the payments. Main floor offers a bright kitchen with pass through to living room. Features hardwood floors and french door at back landing. Main bath recently re-done by Bathfitter. All appliances incl. Over and under 2 car garage, very nice yard with rock bed and garden area. Shingles on house replaced in 2013 and roof re-tarred on garage in 2014. A great buy. Power: $149.00, Energy: $115.00.



21850$174,5001948


Step into Home Ownership! Charming 850 square foot 1 ½ storey in East Hill. Gorgeous maple hardwood flooring in living room & dining area. Completely renovated kitchen in 2010. Two bedrooms on second level. Many upgrades including siding (2006), shingles (2008), wiring (1989), all windows were replaced (1989 & 2001). Fully fenced back yard has deck. Don’t miss out on this well maintained starter home!



Others Listing Details

November 02, 2014

2010 1ST East Bedrooms:Bathrooms:Sqft:SP:Built:


641,116

1912

CONDITIONAL SALE10/17/2014P1 Prince Albert$169,90010/17/201416

Large 6 bedroom 2-1/2 storey home in mature neighborhood on East Hill. Large main floor including kitchen, huge dining room, living room & foyer with office. Large pressure treated deck off back of home with parking below. Home has many uses.


November 02, 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.


November 02, 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.


November 02, 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


November 02, 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.


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volek's

Documents

th street

st street

market2010 east

date581 east

rd street

comparable homes

list date651 east

comparative market analysis