weleski market evaluation

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Kim & Molly Weleski

Prepared onDecember 05, 2014

Rick Valcourt Century 21 Prestige Real Estate

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

Subject Property

December 05, 2014Candle Lake, S0J 3E0North 2nd CRES

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

Candle LakeMLS®# : 490494 Price : $249,000.00

19 2nd CRES N

Ø Style : OtherØ Appr. Size : 1,248 sqftØ Bedrooms : 3Ø Bathrooms : 2

Ø Lot Size : 88.00 X 129Ø Taxes : $1,666 / 2013Ø Zoning : Res

Ø Year Built : 1985Ø Lot Shape : IrregularØ Garages : Double Detached GarageØ Parking : Gravel DriveØ Exterior : MetalØ Fireplace(s) : 1

Ø Fireplace Type : Wood ,

Ø Legal : Lot 1A, Blk D, Plan 90Pa20957

Ø Inclusions : Dryer, Microwave, Refrigerator, Stove, Washer, Window TreatmentØ Features : Dishwasher Bi, Oven Built In, Satellite Dish

Property Highlights

Year round mobile home on large lot in Candle Lake, Sk. This winterized home features 3 bedrooms, 2 full baths. In excellent condition and includes all furnishings, built-in dishwasher. Enjoy the large deck (20'X10'), a 26'X28' detached garage. Walking distance to beach area. Private well - 35' and 1000 gallon septic tank. Great location.

Listing Broker : Resort Realty Ltd.

ALL MEASUREMENTS ARE APPROXIMATEThe above information is from sources believed to be reliable but should not be relied upon without verification.

The Listing Service Provider assumes no responsibility for its accuracy. Not intended to solicit property currently listed with another REALTOR®.

www.MyCandleLake.com


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

Summary of Comparable Listings

Address Sale Price SQFT Age DOMACTIVE Listings

1985S=19 North 2Nd Cres 1,248List Date

89 Lakeview Drive $189,000 2003 11/24/2014 117591 Poplar Place $199,900 1999 04/28/2014 2219535 Bereskin Drive $239,900 1974 04/03/2014 2469124 Alder Place $249,900 1994 03/29/2014 25111763 4Th Avenue $249,900 1980 05/26/2014 19312089 Sanderman Drive $259,000 1976 04/11/2014 238100816 Chamberlain Crescent $259,900 1994 06/25/2014 16396820 Alder Place $265,000 2009 06/05/2014 183962

Averages: 993 1991 188$239,063

Address Sale Price SQFT Age DOMEXPIRED Listings

1985S=19 North 2Nd Cres 1,248Off Market

33 Main Street $159,900 1962 10/12/2014 87672Averages: 672 1962 87$159,900

Address Sale Price SQFT Age DOMSOLD Listings

1985S=19 North 2Nd Cres 1,248Sold Date

103 Main Street $158,000 11/04/2014 4380031 White Poplar Cres $160,000 1984 11/19/2014 25283224 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 7379212 Chamberlain Cres $205,000 1973 06/20/2014 2079601 Clearsand Drive $209,500 1980 07/23/2014 19416409 Chub Place $215,000 1985 11/13/2014 129113613 Hwy 265 $218,000 2008 08/04/2014 1269443 Hill Place $229,000 1984 10/10/2014 8612004 Norland Place $247,000 1995 10/02/2014 1771008

Averages: 1032 1768 150$198,300

$215,000$213,442

Median of Comparable Listings: Average of Comparable Listings:



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

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

31 White Poplar Cres $175,000 $160,000 $-15,000 11/19/2014 252-8.57%

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%

12 Chamberlain Cres $229,900 $205,000 $-24,900 06/20/2014 207-10.83%

1 Clearsand Drive $215,000 $209,500 $-5,500 07/23/2014 194-2.56%

9 Chub Place $259,000 $215,000 $-44,000 11/13/2014 129-16.99%

13 Hwy 265 $229,000 $218,000 $-11,000 08/04/2014 126-4.80%

3 Hill Place $239,900 $229,000 $-10,900 10/10/2014 86-4.54%

4 Norland Place $272,900 $247,000 $-25,900 10/02/2014 177-9.49%

AverageMedianMinimumMaximum

$216,910$222,000$165,000$272,900

$198,300$207,250$158,000$247,000

$-18,610$-16,700

$-5,500

150 153 43 252

-8.38%-9.03%

-2.56%-16.99%$-44,000


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


Address Price SQFT Age DOMACTIVE Listings

1985S=19 North 2Nd Cres 1,248List Date

89 Lakeview Drive $189,000 2003 11/24/2014 117591 Poplar Place $199,900 1999 04/28/2014 2219535 Bereskin Drive $239,900 1974 04/03/2014 2469124 Alder Place $249,900 1994 03/29/2014 25111763 4Th Avenue $249,900 1980 05/26/2014 19312089 Sanderman Drive $259,000 1976 04/11/2014 238100816 Chamberlain Crescent $259,900 1994 06/25/2014 16396820 Alder Place $265,000 2009 06/05/2014 183962

Averages: 993 1991 188$239,063

Address Price SQFT Age DOMEXPIRED Listings

1985S=19 North 2Nd Cres 1,248Off Market

33 Main Street $159,900 1962 10/12/2014 87672Averages: 672 1962 87$159,900

Address Price SQFT Age DOMSOLD Listings

1985S=19 North 2Nd Cres 1,248Sold Date

103 Main Street $158,000 11/04/2014 4380031 White Poplar Cres $160,000 1984 11/19/2014 25283224 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 7379212 Chamberlain Cres $205,000 1973 06/20/2014 2079601 Clearsand Drive $209,500 1980 07/23/2014 19416409 Chub Place $215,000 1985 11/13/2014 129113613 Hwy 265 $218,000 2008 08/04/2014 1269443 Hill Place $229,000 1984 10/10/2014 8612004 Norland Place $247,000 1995 10/02/2014 1771008

Averages: 1032 1768 150$198,300

$215,000$213,442

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 149.70 days for $198,300


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


Address List Price

SOLD Listings

Sale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

Main Street $165,000 $158,000 $-7,000 11/04/2014 43-4.24White Poplar Cres $175,000 $160,000 $-15,000 11/19/2014 252-8.57Ken Cres $184,900 $166,500 $-18,400 04/07/2014 210-9.95Pine Cres $198,500 $175,000 $-23,500 07/15/2014 73-11.84Chamberlain Cres $229,900 $205,000 $-24,900 06/20/2014 207-10.83Clearsand Drive $215,000 $209,500 $-5,500 07/23/2014 194-2.56Chub Place $259,000 $215,000 $-44,000 11/13/2014 129-16.99Hwy 265 $229,000 $218,000 $-11,000 08/04/2014 126-4.80Hill Place $239,900 $229,000 $-10,900 10/10/2014 86-4.54Norland Place $272,900 $247,000 $-25,900 10/02/2014 177-9.49

AverageMedianMinimumMaximum

$216,910$222,000$165,000$272,900

$198,300$207,250$158,000$247,000

$-18,610$-16,700

$-5,500

150 153 43 252

-8.38-9.03

-2.56-16.99$-44,000


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

ACTIVE Listing Details


89 Lakeview Bedrooms:Bathrooms:Sqft:SP:Built:

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

2

1

759

2003

ACTIVE

11/24/2014

P7 Prince Albert NE

$189,000

11/24/2014

11

This 2003, Four Season Cabin is located in the heart of Fisher

Creek Sub-div. Great features such as: 2'X6' construction,

double pane PVC windows, log siding, stone front, metal

roof, facia & softs, cement footing & roomy crawl

space....equals well built & low maintenance. Inside features

vaulted ceilings, open concept, large eat-in kitchen all with

pine finish. Completely fenced in back yard, front covered

deck, back deck with fire-pit PLUS options to walk the family

down to the beach for some beach fun or sun tanning, or

grab your fishing rod and walk to Fishers Creek to catch

some supper. There's a park area to picnic or throw the

Frisbee or watch the fish from the walking bridge, grab your

canoe and paddle the creek, all steps out your back door.

This cabin offers something for everyone. Turn-key,

Appliances & furniture included. 2 BR's, 1 Bath, Septic tank

and shared well. Great Starter family cabin. Check out the

VALUE...One of the only 4 Seasons Cabins under $200K. New

home condition. Quick possession available and don't for get

your "AIRMILES." Pictures don't do it justice...it's a must

SEE!! www.MyCandleLake.com

1 Poplar Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

953

1999

ACTIVE

04/28/2014

P7 Prince Albert NE

$199,900

04/28/2014

221

This 4 season 3 bedroom 1 1/2 storey cottage is located in the

Den Mor subdivision of Candle Lake. Built on a 0.5 acre lot.

There is an attached garage as well as additional storage

shed. Cottage is nicely done is pine & accented with vibrant

paint colours. Available for your year round enjoyment with

snowmobile & quad trails fight from the subdivision. Cottage

is priced to sell & a perfect starter for you & your family.

Researched and prepared by Rick Valcourt

Century 21 Prestige Real Estate 306-922-7444




5 Bereskin Bedrooms:Bathrooms:Sqft:SP:Built:


2

1

912

1974

ACTIVE

04/03/2014

P7 Prince Albert NE

$239,900

04/03/2014

246

Lake view of both Candle Lake and the Torch Lake! Comfy

cottage with everything right there! The yard is not fussy -

spend more time playing than working! Everything included,

so no extra costs of buying furniture. Property has "own well"

140' deep. Definitely comfy - with the log cabin siding, metal

roof, partially covered deck, 2 bedrooms and wood stove!






4 Alder Bedrooms:Bathrooms:Sqft:SP:Built:


3

2

1,176

1994

ACTIVE

03/29/2014

P7 Prince Albert NE

$249,900

03/29/2014

251

Just Listed on the eastside of Candle Lake. Built in 1994 this

1176 square foot, 3 bedroom with 1.5 baths is ready to move

in to. Large modern kitchen with adjoining dining area. Lots

of sun into kitchen & living room. Large decks. A cement

driveway leads to the 24 X 26 detached garage. A short walk

to Waskateena Beach.

Extras include triple pane windows, weeping tile with sump,

spare water heater & 2 storage sheds.

This property shows very well & is priced to move soon. Give

us a call.

3 4th Bedrooms:Bathrooms:Sqft:SP:Built:


2

1

1,208

1980

ACTIVE

05/26/2014

P7 Prince Albert NE

$249,900

05/26/2014

193

This 1208 sq. foot, 1 1/2 storey cottage is located in the

Northview subdivision. Northview is adjacent to the Candle

Lake Golf Course & this cottage is a solid 3 wood from the

14th fairway. Presently a 2 bedroom but a inexpensive

conversion gets you the 3rd bedroom that you may be

looking for. Walking in the bright entry accented by skylights,

open concept kitchen & ding, vaulted ceiling in living room

accented by a warm natural gas fireplace.

Cottage is located on a 75 X 120 foot lot. Just down the road

is a highly sought after boat berth in the Nobles Point marina.

Fees apply.

Yard is attractively landscaped. Large interlocking brick patio

on the front yard. Lots of outside storage such as 12 X 14

garden/storage shed, 12 X 24 Coverall with treated wooden

floor & a 19 foot camper for those extra "sleepovers"

This should be all you need. Call soon as it should not last

long.






9 Sanderman Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

1,008

1976

ACTIVE

04/11/2014

P7 Prince Albert NE

$259,000

04/11/2014

238

Year round cabin for sale in Candle Lake, SK. This 1008 sq ft

cabin features 3 bedrooms, 1 bathroom, sunroom to enjoy on

those hot days or just sit and relax. This property also

includes a double detached garage which is insulated and

heated. Located in the Sanderman Subdivision, this cabin is

just one row back from a sandy beach and also include A

MARINA SPOT in the marina which is a short walk. Pine walls

and cabinets and newer windows in the last 5 years. This

well kept cottage has a private well and septic.

16 Chamberlain Crescent Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

968

1994

ACTIVE

06/25/2014

P7 Prince Albert NE

$259,900

06/25/2014

163

This year round cottage at the lake offers 3 bedrooms, single

bath, open concept living. Kitchen/dining room is combined

and living room has a natural gas firelplace to warm the entire

area on those chilly days. Front deck with large gazebo can

be accessed from Dining Room patio doors. The back deck

also has a 3 seater hot tub under cover of a gazebo as well.

The backyard has a large lawned area and there is space

behind the garage for the evening campfires, crushed rock

finish. The garage is extra long providing lots of room for

storage as well as parking. Furnace is 5 yrs old, shingles and

eaves replaced in 2013, well is 140ft/neighbors are tied in.

Septic is 1000gal. Property is available for quick possession.

Both gazebos stay.






20 Alder Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

962

2009

ACTIVE

06/05/2014

P7 Prince Albert NE

$265,000

06/05/2014

183

Year round 962 sq ft cabin located in Candle Lake, Sk. This

new cabin features 3 bedrooms, 1 bathroom. Heated by

natural gas and electric heat. Located on the east side of the

lake. Never been lived in this cabin also features new

cabinets and laminate flooring. Half log siding on the exterior

with pine inside and drywall. Natural gas BBQ hook up. Built

in dishwasher plus stainless steel fridge and stove are

included. Sit on the deck and enjoy the lake life. 1000 gallon

holding tank for water and 1000 gallon septic tank. Lot size is

62 ft x 114 ft. Nicely located.




SOLD Listing Details


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


3

1

800

$158,000

0

SOLD

09/22/2014

P7 Prince Albert NE

$165,000

09/22/2014

43

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."

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


1

1

832

$160,000

1984

SOLD

03/12/2014

P7 Prince Albert NE

$175,000

03/12/2014

252

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."






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


3

1

1,008

$166,500

SOLD

09/09/2013

P7 Prince Albert NE

$184,900

09/09/2013

210

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:


2

1

792

$175,000

2001

SOLD

05/03/2014

P7 Prince Albert NE

$198,500

05/03/2014

73

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.






1 Clearsand Bedrooms:Bathrooms:Sqft:SP:Built:


4

2

1,640

$209,500

1980

SOLD

01/10/2014

P7 Prince Albert NE

$215,000

01/10/2014

194

Year round cottage for sale in Candle Lake, Sk. 1640 sq. ft on

2 level features 4 bedrooms,1-1/2 bathrooms. Located in the

Clearsand Subdivision, walking distance to the lake and

marina. Public reserve on 2 sides. Decks front and back as

well as one off 2nd level. Heated by electric and wood with

natural gas to the building. Walking distance to beach area &

water. Public reserve on one side and public across street.

Marina spot available. Great location and great price.

13 Hwy 265 Bedrooms:Bathrooms:Sqft:SP:Built:


2

1

944

$218,000

2008

SOLD

03/31/2014

P7 Prince Albert NE

$229,000

03/31/2014

126

Beautiful 2 bedroom cottage built in 2008. large bathroom

with laundry facilities. Lot size is 75 X 150 & boasts of tall

white spruce to the north & west side of lot. Nestled right in.

Cottage is open concept. Maple cabinets, hardwood interior

doors, high efficiency NG furnace, On Demand hot water

heater. All appliances are high end. Tastefully decorated.

Treating deck front & rear with wood burning fireplace on rear

deck. Property has owned well. Roofing, soffits & facia are

maintenance free metal.

This cottage is centrally located in the Torch Subdivision at

the south end of Candle Lake close to all amenities & only a

short walk to the sand of Waskateena Beach. Have a look &

start enjoying the lake life.






12 Chamberlain Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

960

$205,000

1973

SOLD

11/25/2013

P7 Prince Albert NE

$229,900

11/25/2013

207

Year round cabin for sale in Candle Lake, Sk. Located in

Noble's Point subdivision, this cabin features 3 bedrooms, 1

bathroom plus a detached 26 x 28 ft garage. Enjoy the wood

fireplace plus also heated by natural gas forced air. Enjoy the

wrap around deck. Newer pine walls in living room and

bedrooms. Comes fully furnished. Boat launch and marina

close by. This cabin is ready for you to move right in and

enjoy the lake. Shared well - 1/2 owner - approx. 184 ft.

Septic: 1250 gal

3 Hill Bedrooms:Bathrooms:Sqft:SP:Built:


3

2

1,200

$229,000

1984

SOLD

07/16/2014

P7 Prince Albert NE

$239,900

07/16/2014

86

Year round Home in Holiday Acres Subdivision located in

Candle Lake. This 1200 sq. ft. 3 bedroom 2 bathroom home is

a short walk to the famous Waskateena Beach. This small

centrally located subdivision features a clean drinking water

supply (Government Approved) for a cost of $140.00 per year.

The home has had many upgrades including New Shingles

installed and both bathrooms renovated in 2012, New 1650

gallon septic tank in 2013, 40 gallon natural gas water heater

in 2014. New Armstrong vinyl plank flooring, new lino for

kitchen and a stone hearth for the wood stove have been

purchased and could be installed by possession for new

owner. Outdoor spaces are as important as indoor when at

the lake and this home has it all. Large wrap around deck, 12'

x 8' insulated bunkhouse, wood shed, private outdoor shower

and newer loaded Beachcomber hot tub off the deck. All

appliances including new stacking high efficiency washer

and dryer can stay for the right price. Energy $100. Own an

affordable piece of paradise!






9 Chub Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

1,136

$215,000

1985

SOLD

07/07/2014

P7 Prince Albert NE

$259,000

07/07/2014

129

Year round cabin for sale in Candle Lake, Sk. Located in a

quiet cul de sac, this 1136 sq ft cabin is ready for you to move

in. Features 3 bedrooms, 1 bathroom and screened in

sunroom to sit and enjoy the lake life. A skylight is located in

the kitchen and hallway areas. Heated by natural gas forced

air, some electric heat and a wood stove for those cozy

evenings. Garden doors lead out to the deck and patio doors

off the livingroom to the sunroom. Modern kitchen cabinets

plus a built in dishwasher. Includes a car and half detached

garage. For all your extra company, a 12ft x 18 ft bunk house

that is electrified. Includes a wood shed. This cabin sits on a

lot and a half. Private well is approximately 137 ft and the

septic tank is 1000 gallons. Walk two blocks to blocks to a

beach and pristine water. Most furnishings included.

4 Norland Bedrooms:Bathrooms:Sqft:SP:Built:


2

2

1,008

$247,000

1995

SOLD

04/08/2014

P7 Prince Albert NE

$272,900

04/08/2014

177

Year round cabin/home close to beach & marina. Located in

Island View Sub-division this cabin/home features 2

bedrooms, 2 bathrooms, laundry room & an attached single

car garage which also serves as a shop. Heated by natural

gas in floor heat. A Incudes a detached sun room. Includes

an air exchanger. In-floor heating through-out. Great location

- walk to a sandy beach & walking distance to marina.

Located in a quiet cul-de-sac. Great condition. Private well &

1000 gal septic. Power $70.00, energy $100.00




EXPIRED Listing Details


33 Main Bedrooms:Bathrooms:Sqft:SP:Built:


3

1

672

1962

EXPIRED

07/17/2014

P7 Prince Albert NE

$159,900

07/17/2014

87

Fantastic opportunity to have your very own cabin at candle

lake. Located just a few steps from Waskateena beach this is

the perfect family getaway for a great price!




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.



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.



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



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.



What it Takes to ShowThis page describes what it takes to show your property.

Scheduling the ShowingØ 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.

TimingØ 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 InstructionsØ 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 ShowingØ 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.

PrivacyØ 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 InformationØ 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.

PreviewsØ 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 AppointmentsØ 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.


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weleski market evaluation

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