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1900 Dartmouth Ave.
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Published on Nov 23, 2015
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PRESENTATION OUTLINE
1.
1900 Dartmouth Ave.
Market Analysis
2.
Selling Points
Outstanding Location
Only one direct neighbor
Home is ready for remodeling
Mountain Views
3.
Valuation
Finding The Right Comparisons Is Key
4.
Types of Properties
Great view - Premium lot
House that needs work
South Boulder
5.
Location of Similar Homes
6.
2235 Vassar Drive
Sold for $884,000 in March of 2015
Modest house in original condition.
Views to the north
Assessed Value of $753,100 ($79,000 less than subject)
Surrounding 10 houses Assessed Value = $928,070 ($84,150 more than subject)
7.
2330 Dennison
Sold for $895,000 on July 1, 2015
Great view, most of lot downhill, funky layout.
Assessed Value of $1,149,100 ($317,000 more than subject)
Surrounding 10 houses Assessed Value = $1,032,530 ($188,610 more than subject)
8.
2395 Vassar
Sold for $940,000 on July 9, 2014. Would have sold for more this year.
Great view, home has been scraped and is currently being re-built.
Assessed Value of $1,006,900 ($174,800 more than subject)
Surrounding 10 houses Assessed Value = $884,320 ($40,400 more than subject)
9.
2380 Kohler
Sold for $1,078,000 in June of 2014. Would sell for more this year.
Great street, large estate sized lot, backs to hill, no direct view.
Assessed Value of $1,121,300 ( $289,200 more than subject)
Surrounding 10 houses Assessed Value = $1,247,610 ($403,690 more than subject)
10.
1955 Vassar
Sold for $1,100,000 in July of 2014.
Dated house, great view, house has been spruced up.
Assessed Value of $1,042,100 ($210,000 more than subject)
Surrounding 10 houses Assessed Value = $1,117,420 ($273,500 more than subject.
11.
1775 Deer Valley
Sold for $1,130,000 in June of 2015.
Top of hill location, great views
Assessed Value of $1,102,700 ($270,600 more than subject)
Surrounding 10 houses Assessed Value = $1,082,610 ( $238,690 more than subject)
12.
3555 Longwood
Under Contract, list price of $1,050,000
Flatiron and northern views, easy to expand house.
Assessed Value of $935,800 ($103,700 more than subject)
Surrounding 10 houses Assessed Value = $976,980 ($133,060 more than subject)
13.
2203 Holyoke
Under Contract, list price of $1,075,000.
Large lot, end of cul-de-sac, backs to NCAR, street is upgrading.
Assessed Value of $857,400 ($25,300 more than subject)
10 surrounding houses Assessed Value = $1,013,800 ($181,700 more than subject)
14.
300 Hollyberry
Listed for $1,298,000 no contract yet, 67 days on market.
End of premier cul-de-sac, backs to open space, no direct mountain views.
Assessed Value of $985,000 ($152,900 more than subject)
Surrounding 10 houses Assessed Value = $1,429,590
15.
2000 Dartmouth
Sold for $875,000 in June 2015.
Updated home, backs to hillside, not at end of street, no mountain views.
Assessed Value of $836,700 ($4,600 more than subject)
Same neighborhood - Average Assessed Value of nearest 10 houses is $843,100
16.
1900 Dartmouth
Summary
17.
Strategy
Best chance to maximize value is to appeal to a buyer who wants a premium lot in which to personalize a house.
Highlight view and location with photography and text
18.
Proposed Pricing
Range of $950,000 - $1,050,000.
Best chance to find a buyer is to set price under $1 Million.
Photo by
Jesse Varner
19.
Terms of Listing Agreement
Three Month Listing
5% total listing commission
2% discount if buyer comes directly to transaction without buyers agent.
Photo by
JusDaFax
Neil Kearney
www.neilkearney.com
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