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Home Explore Preliminary Comparative Market Analysis

Preliminary Comparative Market Analysis

Published by mark, 2021-01-02 21:27:24

Description: Preliminary Comparative Market Analysis

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Researched and prepared by Subject Property MARK GAUDET 806 Shepherd Pl Milton Prepared exclusively for Fanny Herrera & Otto Duran Prepared on January 02, 2021 MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE 480 Eglinton Ave West #30 L5R 0G2 416-551-6847 [email protected] Copyright: 2021 All rights reserved. This is a broker price opinion or comparative market analysis and should not be considered an appraisal or opinion of value. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 January 2, 2021 Dear Fanny and Otto, Re: 806 Shepherd Pl., Milton It was a pleasure speaking with you Thursday! I recognize that you’re in the early stages of a move to a new home and determining how much you can afford is one of the first steps. This preliminary Comparative Market Analysis does just that. It is a report of recent market activity to see how your house compares with other properties in the area to assist you in determining an estimation of value to provide the mortgage broker. Based on recent sales, the estimated value of 806 Shepherd Pl is $785,000-825,000. When discussing financing with the mortgage agent, please consider using a conservative estimation of $800,000. The actual list price of the house would be eventually determined after we discuss the best marketing strategy, a detailed in-person analysis and the market conditions closer to your actual listing date. We can review the report in more detail when we meet, but for now, let’s see how the estimated value fits in with your plans to buy a new home! Sincerely, Mark Gaudet Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Subject Property Style: Total Bedrooms: 3 Year Built: 2005 Total Bathrooms: 2 Full/1 Half SqFt Range: 1500-2000 (1600) SqFt Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis. Sold Listings Price Beds Beds + Bath F Bath H SqFt Rng Sold Date 3 2 1 1500-2000 (1600) Address $775,000 3 1 01/14/2021 806 Shepherd Pl $800,000 3 02 1 02/17/2021 824 Ferguson Drive $801,000 3 02 1 01/14/2021 1078 Barclay Circle $801,000 3 02 1 12/29/2020 1069 Cooper Avenue $826,661 3 02 1 02/26/2021 914 Gazley Circle $849,900 3 02 1 12/01/2020 661 Sauve Street $850,000 3 1 02/01/2021 1222 Mcdowell Crescent $814,794 2 740 Agnew Crescent 3.0 02 1.0 Averages: 0.0 2.0 Comparable Price Low Median Average High Count Adjusted Comparable Price $775,000 $801,000 $814,794 $850,000 7 $775,000 $801,000 $814,794 $850,000 7 On Average, the 'Sold' status comparable listings sold in 8 days for $814,794 Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Sold MLS# Stat Date Address Prop Sub Type SqFt Rng Bds Bds+ Bth L/S Price DOM 1500-2000 3 0 2/1 W4950229 11/06/2020 824 Ferguson Drive Semi-Detached 1500-2000 3 0 2/1 $775,000 24 W4963369 10/27/2020 1078 Barclay Circle 1500-2000 3 0 2/1 $800,000 5 W4982001 11/11/2020 1069 Cooper Avenue Semi-Detached 1500-2000 3 0 2/1 $801,000 5 W4972487 10/31/2020 914 Gazley Circle 1500-2000 3 0 2/1 $801,000 1 W4995609 11/23/2020 661 Sauve Street Attached / Row / 1500-2000 3 $826,661 3 W4928593 10/09/2020 1222 Mcdowell Crescent Townhouse 1500-2000 3 2/1 $849,900 W5056922 12/05/2020 740 Agnew Crescent Semi-Detached 1500-2000 0 2/1 $850,000 14 Averages: 3.0 $814,794 1 Attached / Row / 0.0 2/1 8 TAottwanchhoeuds/eRow / ATottwanchhoeuds/eRow / Townhouse Summary Total Avg Price Mode SqFt Rng Median Low High Avg CDOM 7 $814,794 1500-2000 $801,000 $775,000 $850,000 Status 7 $814,794 1500-2000 $801,000 $775,000 $850,000 Sold Total Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Minimums and Maximums This page summarizes key fields of the listings in this analysis. The listings in this analysis can be summarized as follows: ● Listing Price between $749,000 and $829,000 ● Selling Price between $775,000 and $850,000 ● 3 Bedrooms ● 3 Bedrooms Above Grade ● 0 Bedrooms Below Grade ● 2 Full Bathrooms ● 1 Half Bathroom ● Most common Range of 1500-2000 Square Feet Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Number of Days On MarketDays On Market This graph illustrates the number of days on market for the listings in this analysis. 24 20 16 12 8 4 0 1069 Cooper AVE 1078 Barclay CIRC 1222 Mcdowell CRES 661 Sauve ST 740 Agnew CRES 824 Ferguson DR 914 Gazley CIRC Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 List Price and Sale Price List Price Sold Price This graph illustrates the list price, along with sale price in Sold listings. Price Graph 1000K 1069 Cooper AVE 800K 1078 Barclay CIRC 600K 1222 Mcdowell CRES 400K 200K 661 Sauve ST 0K 740 Agnew CRES 824 Ferguson DR 914 Gazley CIRC Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Pro Report These pages give a general overview of the selected properties. Sold Properties 824 Ferguson Drive MLS #: W4950229 Status: SLD Beds: 3 L Price: $789,000 $775,000 Area: Halton Beds +: 0 S Price: 1/14/2021 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Semi-Detached Rmks: An Absolute Stunning Semi In Great Neighbrhd Of Beaty Milton. Practical Layout W/Gorgeous And Bright 3 Br.2.5 Bath. Medium Light Bamboo Flooring Thru-Out On Main Flr. The Living Room Could Be Used A Separate Dining Room. The Family Room Adjacent To The Family Size Eat-In Kitchen W/ Walk-Out To The Backyard. 2nd Flr Laundry Rm. Master W/I Closet, 4Pc Ensuite. Plus 2 More Sizeable Bedrooms. Walking Distance To School & Minutes To 401 And Amenities. See And Buy! 1078 Barclay Circle MLS #: W4963369 Status: SLD Beds: 3 L Price: $779,900 $800,000 Area: Halton Beds +: 0 S Price: 2/17/2021 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Semi-Detached Rmks: It's A Semi! Windows Galore! Pie Shaped Lot(49.49R/Bright Open Concept/ Private Backyard Incl 5 Panel Custom Shed, Deck, Exceptionally Maintained, Hardwood Thruout Main Level, Gas Fireplace,Upgraded Front Porch Columns/Railings, Glass Door Insert/Sidelight/Phantom Screen /Entry From Garage/Wrought-Iron Gate/Rough-In Plumbing Lower Level/See List Of Improvements 1069 Cooper Avenue MLS #: W4982001 Status: SLD Beds: 3 L Price: $750,000 $801,000 Area: Halton Beds +: 0 S Price: 1/14/2021 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Attached / Row / Townhouse Rmks: 1570Sqft End Unit Townhouse On Beautifully Landscaped Lot In Desirable Hawthorne Village Area Of Milton. The Home Has Been Meticulously Maintained, Pride Of Ownership Shows Throughout, Features Include: 3 Car Prkng, Bamboo Flrs In Liv/Din & Great Rm, Hrdwd Staircase, Crown Moulding, S/S Appl In Kitchen,2nd Flr Laundry, Freshly Painted, Large 2 Tiered Deck, Nat.Gas Bbq, Lower Back Roof Shingles (2011) Remainder Of Roof Shingles (2020), Furnace (2019) Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Pro Report These pages give a general overview of the selected properties. Sold Properties 914 Gazley Circle MLS #: W4972487 Status: SLD Beds: 3 L Price: $750,000 $801,000 Area: Halton Beds +: 0 S Price: 12/29/2020 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Semi-Detached Rmks: Gorgeous 3-Bdrm, 3 Bath Semi-Detached Mattamy Home, Finished From Top To Bottom With A Unique Look-Out Basement. Located In The Sought After Beaty Community Of East Milton On A Quiet 'Circle'. Pleasing Open-Conc Main Flr Incl A Family Sized Eat-In Kit W/ S/S Appl's & Tile Bksplsh O/Looking The Spacious Great Rm. Sep Dining Area Provides Ample Space For Family Dinners/Gatherings. Upper Level Features Brand New Carpets, 3 Good Size Bdrms Incl A Large Master W/ 661 Sauve Street MLS #: W4995609 Status: SLD Beds: 3 L Price: $790,000 $826,661 Area: Halton Beds +: 0 S Price: 2/26/2021 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Attached / Row / Townhouse Rmks: Location Location! Steps To Irma P School, Close To1700Sf W/Topqty Finishes!This 3 Spac.Bedrm T/H Offers Over $40K In Upgrades:Impressive O/Concept Layout,Modern Kit W/Dark Cabinets,Top Qty Quartz C/Top&B/Splash,Hi End S/S Appls,Premium Hdwd Flrg,Dark Stained Oak Staircase,9' Ceilg, Benjamin Moore Wallpaper,Quartz C/Tops In Bathrms,Led Pot Lits,Designer Lit Fixts&Drapes,His&Her W/I Clsts In Mbr,Painted In Designer Colours T/O,Stylish Aggregated Driveway&Patio 1222 Mcdowell Crescent MLS #: W4928593 Status: SLD Beds: 3 L Price: $749,000 $849,900 Area: Halton Beds +: S Price: 12/1/2020 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Attached / Row / Townhouse Rmks: This End Unit Townhome Backing To \"Green Oasis\" Feels Like \"Semi-Detached\" More Than 1650 Sqft With Access To Basement & Home From Garage. Main Level Offers Open Concept Floor Plan With Large Windows, Formal Living & Dining With Huge Family Area. 2nd Level Has 3 Good Size Bedrooms W/Master Retreat Boasting Walk-In Closet & 5Pc Ensuite. Convenient 2nd Floor Laundry. Roof 2018, Ac 2018 & Hot Water Tank Is Rental. Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Pro Report These pages give a general overview of the selected properties. Sold Properties 740 Agnew Crescent MLS #: W5056922 Status: SLD Beds: 3 L Price: $829,000 $850,000 Area: Halton Beds +: 0 S Price: 2/1/2021 Municipality: Milton Baths: 3 (2/1) S Date: Prop Type: Residential Freehold SqFt Range: 1500-2000 Sub Type: Attached / Row / Townhouse Rmks: Absolutely Beautiful & Bright End Unit Townhome. Built 2013. Just Like \"Semi Detached\" 1,846 Sq Fts ( Mpac). Ready To Move In. Freshly Painted. Pot Lights On Main Floor. 9 Ft Ceiling And New Hardwood On Main Floor. Oak Stairs. New Ss Appliances (2019). 2nd Floor Family Room With Gas Fireplace Can Be Converted 4th Br. Oversized Master Bdrm Features W/I Closet, 5 Piece Ensuite With Tub & Separate Shower. Main Floor Laundry. Sold Properties 7 1069 Cooper Avenue $775,000 1078 Barclay Circle Total # of Listings $850,000 Lowest Price $814,794 1222 Mcdowell Crescent Highest Price 1500-2000 Average Price 8 Mode SqFt Range Avg DOM 661 Sauve Street 740 Agnew Crescent 824 Ferguson Drive 914 Gazley Circle 0K 200K 400K 600K 800K 1000K 1200K Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Pro Report These pages give a general overview of the selected properties. Summary Graph/Analysis 1,000.0K 800.0K 600.0K 400.0K 200.0K 0.0K Avg Price Min Price Max Price Cumulative Analysis Lowest Price Highest Price Average Price Mode SqFt Rng $775,000 $850,000 $814,794 1500-2000 Listing Category Sold $775,000 $850,000 $814,794 1500-2000 Totals / Averages Sold Property Analysis List Price Closed Price DOM %SP/LP Sqft Rng Address $789,000 $775,000 24 %98.23 1500-2000 $779,900 $800,000 5 %102.58 1500-2000 824 Ferguson Drive $750,000 $801,000 5 %106.80 1500-2000 1078 Barclay Circle $750,000 $801,000 1 %106.80 1500-2000 1069 Cooper Avenue $790,000 $826,661 3 %104.64 1500-2000 914 Gazley Circle $749,000 $849,900 14 %113.47 1500-2000 661 Sauve Street $829,000 $850,000 1 %102.53 1500-2000 1222 Mcdowell Crescent 740 Agnew Crescent Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Pro Report These pages give a general overview of the selected properties. Total Averages $776,700 $814,794 %105.01 1500-2000 Property Summary S Street Address Bd Bd+ Bth Sqft Rng L Price S Price Sold Date DOM Sold 824 Ferguson Drive 3 0 3 (2/1) 1500-2000 $789,000 $775,000 01/14/2021 24 SLD 1078 Barclay Circle $800,000 02/17/2021 5 SLD 1069 Cooper Avenue 3 0 3 (2/1) 1500-2000 $779,900 $801,000 01/14/2021 5 SLD 914 Gazley Circle $801,000 12/29/2020 1 SLD 661 Sauve Street 3 0 3 (2/1) 1500-2000 $750,000 $826,661 02/26/2021 3 SLD 1222 Mcdowell Crescent $849,900 12/01/2020 SLD 740 Agnew Crescent 3 0 3 (2/1) 1500-2000 $750,000 $850,000 02/01/2021 14 SLD 1 3 0 3 (2/1) 1500-2000 $790,000 3 3 (2/1) 1500-2000 $749,000 3 0 3 (2/1) 1500-2000 $829,000 Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 Pricing Recommendation General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale. Market Statistics... Sell Price Statistics Average Price: $814,800 High Price: $850,000 Median Price: $801,000 Low Price: $775,000 Figures are based on selling price after adjustments, and rounded to the nearest $100 Suggested List Price: 785,000-825,000 Notes This is a preliminary price range, subject to adjustment after in-person analysis and market conditions closer to listing date. For mortgage agent discussion, use a conservative estimation of value of 800,000 Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 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 MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE

Subject Property: 806 Shepherd Pl, Milton January 02, 2021 CMA Map Layout 806 Shepherd Pl 1 1222 Mcdowell CRES This page displays the Map for the CMA Subject and your comparables. 2 1069 Cooper AVE 3 914 Gazley CIRC 4 1078 Barclay CIRC 5 824 Ferguson DR 6 661 Sauve ST 7 740 Agnew CRES Researched and prepared by MARK GAUDET RIGHT AT HOME REALTY INC., BROKERAGE


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