2864 wyllie cres

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Colin Blimkie

Prepared onNovember 06, 2014

Rick Valcourt Century 21 Prestige Real Estate

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

Subject Property

2864 Wyllie Crescent

Prince Albert, SK

November 06, 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 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

November 06, 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

2858 Wyllie Cres $244,900 1977 10/20/2014 1710721032 Wyllie Cres $339,900 1976 08/19/2014 791764

Averages: 1418 1977 48$292,400

Address Sale Price SQFT Age DOMEXPIRED Listings

S=Off Market

1005 Wyllie Cres $309,900 1977 09/15/2013 9721601032 Wyllie Cres $364,900 1976 08/12/2014 9217642837 Wyllie Cr. Cres $384,900 1978 06/30/2008 421712

Averages: 1879 1977 77$353,233

Address Sale Price SQFT Age DOMSOLD Listings

S=Sold Date

1016 Wyllie Cres $265,000 1976 07/26/2013 1410401088 Wyllie Cres $229,000 1975 12/18/2013 1410751031 Wyllie Cres $253,000 1976 09/05/2013 37311262853 Wyllie Cres $300,000 1976 09/10/2013 391112

Averages: 1088 1976 110$261,750

Address Sale Price SQFT Age DOMWITHDRAWN Listings

S=Off Market

1047 Wyllie Cres $299,500 1976 12/19/2008 1521450Averages: 1450 1976 152$299,500

$299,750$299,100

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

1016 Wyllie Cres $269,900 $265,000 $-4,900 07/26/2013 14-1.82%

1088 Wyllie Cres $234,900 $229,000 $-5,900 12/18/2013 14-2.51%

1031 Wyllie Cres $259,900 $253,000 $-6,900 09/05/2013 373-2.65%

2853 Wyllie Cres $309,900 $300,000 $-9,900 09/10/2013 39-3.19%

AverageMedianMinimumMaximum

$268,650$264,900$234,900$309,900

$261,750$259,000$229,000$300,000

$-6,900$-6,400

$-4,900

110 27 14 373

-2.54%-2.58%

-1.82%-3.19%$-9,900


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

November 06, 2014

Address Price SQFT Age DOMACTIVE Listings

S=

List Date

2858 Wyllie Cres $244,900 1977 10/20/2014 1710721032 Wyllie Cres $339,900 1976 08/19/2014 791764

Averages: 1418 1977 48$292,400

Address Price SQFT Age DOMEXPIRED Listings

S=

Off Market

1005 Wyllie Cres $309,900 1977 09/15/2013 9721601032 Wyllie Cres $364,900 1976 08/12/2014 9217642837 Wyllie Cr. Cres $384,900 1978 06/30/2008 421712

Averages: 1879 1977 77$353,233

Address Price SQFT Age DOMSOLD Listings

S=

Sold Date

1016 Wyllie Cres $265,000 1976 07/26/2013 1410401088 Wyllie Cres $229,000 1975 12/18/2013 1410751031 Wyllie Cres $253,000 1976 09/05/2013 37311262853 Wyllie Cres $300,000 1976 09/10/2013 391112

Averages: 1088 1976 110$261,750

Address Price SQFT Age DOMWITHDRAWN Listings

S=

Off Market

1047 Wyllie Cres $299,500 1976 12/19/2008 1521450Averages: 1450 1976 152$299,500

$299,750$299,100

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 110.00 days for $261,750


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

November 06, 2014

Address List Price

SOLD ListingsSale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

Wyllie Cres $269,900 $265,000 $-4,900 07/26/2013 14-1.82Wyllie Cres $234,900 $229,000 $-5,900 12/18/2013 14-2.51Wyllie Cres $259,900 $253,000 $-6,900 09/05/2013 373-2.65Wyllie Cres $309,900 $300,000 $-9,900 09/10/2013 39-3.19

AverageMedianMinimumMaximum

$268,650$264,900$234,900$309,900

$261,750$259,000$229,000$300,000

$-6,900$-6,400

$-4,900

110 27 14 373

-2.54-2.58

-1.82-3.19$-9,900


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

November 06, 2014

Priced between $234,900 and $384,900

3 to 5 Bedrooms

Built between 1975 to 1978

1,040 to 2,160 Square Feet

The listings in this analysis can be summarized as follows:

2 to 4 Bathrooms


November 06, 2014

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

0.0K

100.0K

200.0K

300.0K

400.0K

500.0K

600.0K

700.0K

800.0K

1005

Wyll

ie CRES

1016

Wyll

ie CRES

1031

Wyll

ie CRES

1032

Wyll

ie CRES

1047

Wyll

ie CRES

1088

Wyll

ie CRES

2837

Wyll

ie Cr. C

RES

2853

Wyll

ie CRES

2858

Wyll

ie CRES

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 06, 2014

2858 Wyllie Bedrooms:Bathrooms:Sqft:SP:Built:

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

421,072

1977

ACTIVE10/20/2014P1 Prince Albert$244,90010/20/201417

Can't beat this mature, quiet, well treed location! 1072 sq/ft, 4 bedroom, 2 baths, spacious living room & kitchen. Fenced, well treed back yard. Walk way to park across the street. Room for a garage. Immediate possession.



531,764

1976

ACTIVE08/19/2014P1 Prince Albert$339,90008/19/201479

Ideal for a growing family, this 1764 sq ft two-storey home in desirable Carlton Park neighbourhood is within walking distance to parks, elementary schools and a high school. Bus stop right outside the front door! This home defines immaculate and has been completely upgraded with new flooring, paint, doors, furnace and more. New kitchen features a granite sink, ample storage and opens onto the large dining room with built in cabinetry. The front living room includes large windows providing natural light, and the rear living rooms provides a spot to relax by the fireplace. 4 bedrooms and a full bath complete the second floor. Fully finished basement with a rec room, bedroom with computer desk, bathroom and lots of storage space. Maintenance free exterior with newer siding, windows, doors, soffits, eaves, fascia and shingles. Attached garage with direct entry. Park like back yard surrounds you with lush grass, lilacs, apple trees, and a pond. Entertain on the large deck with a hot tub and gazebo. This is a rare find with two many features to list.



SOLD Listing Details

November 06, 2014



431,075$229,0001975

SOLD12/04/2013P1 Prince Albert$234,90012/04/201314

This aggressively priced home is located in the mature Carlton Park Neighbourhood. 3 bedrooms up and 1 down, with fully finished basement that boasts two family areas and a natural wood burning fireplace. Main floor will delight guests with a spacious eat-in kitchen and deck off the back with a partially fenced yard. At this price and this location, you'll have to act fast!



321,126$253,0001976


Ideal family home in quiet Carlton Park neighbourhood. Spacious living area. Combined kitchen and dining with tons of cupboard space. Two plus one bedrooms, one and a half baths. Cozy sitting area downstairs. Garden door to deck overlooking private completely fenced yard with covered patio and storage shed. Direct entry to 22' by 24' wired garage. New furnace in October, 2011. Shingles 3-4 years old. East side of fence will be replaced 2013.



421,040$265,0001976


Immaculate home, fully developed & beautifully decorated. Eat-in kitchen with pass thru to living room. Living room features wood burning fireplace/ built-in wall unit. Upgraded bathrooms, all appliances included & covered deck off back entrance overlooking professionally landscaped back yard with pond. Extra bedroom & 4 piece bath and wet bar on lower level. Fenced yard & 20X24 detached garage with door opener. New EEF furnace (2010) & water heater (2011). Power: $96. Energy: $57. A must see!



SOLD Listing Details

November 06, 2014



431,112$300,0001976


Beautifully maintained home on a quiet crescent in Carlton Park. This 4 bedroom, 3 bath home has the master baedroom and bathroom located on the main floor along with a mainfloor laundry. the yard has been beautifully done and boasts a large deck area. The home backs onto a large green space and is close to several schools.



EXPIRED Listing Details

November 06, 2014



442,160

1977

EXPIRED06/11/2013P1 Prince Albert$309,90006/11/201397

Large 2 story family home built in 1977 in excellent area of Prince Albert. This 2160 sq ft house features a large eat in kitchen with oak kitchen cabinets as well as a large dining room and sunken living room. The family room has a cozy wood burning fire place and patio doors out to a fully enclosed 10' x 14' deck. Main level has a 2 piece bath Total sq. ft on main is 1208. Updates include laminate flooring throughout the main floor, new 6 panel doors, baseboards and casing as well as paint and touch up on the 2 piece bathroomSecond floor has a 4 piece bathroom as well as 4 large bedrooms and three piece ensuite off master. Updates include laminate flooring throughout, vinyl flooring in bathrooms, 6 panel doors, casing, baseboard, paint and touch up in bathrooms.Basement has a 3 piece bathroom, storage and utility area, family room and extra large games rooms.Home has a 24' x 24' attached insulated and drywalled garage and nicely manicured fenced yard with large spruce trees.



EXPIRED Listing Details

November 06, 2014



531,764

1976


Ideal for a growing family, this 1764 sq ft two-storey home in desirable Carlton Park neighbourhood is within walking distance to parks, elementary schools and a high school. This home defines immaculate and has been completely upgraded with new flooring, paint, doors, furnace and more. New kitchen features a granite sink, ample storage and opens onto the large dining room with built in cabinetry. The front living room includes large windows providing natural light, and the rear living room provides a spot to relax by the fireplace. 4 bedrooms and a full bath complete the second floor. Fully finished basement with a rec room, bedroom, bathroom and lots of storage space. Maintenance free exterior with newer siding, windows, doors, soffits, eaves, fascia and shingles. Attached garage with direct entry. Park like back yard surrounds you with lush grass, lilacs, apple trees, and a pond. Entertain on the large deck with a hot tub and gazebo. This is a rare find with too many features to list. Act quick.

2837 Wyllie Cr. Bedrooms:Bathrooms:Sqft:SP:Built:


431,712

1978


Beautiful bungalow in super Carlton Park location, Many Reno's, new cupboards, island with polished concrete counter top, large pantry,polished concrete bar,porcelain tile in kitchen & front entry. New passage doors, tempered glass sinks in bathrooms & new toilets on main. New lighting, stainless fridge & range, main floor laundry, SS venting,bamboo flooring,new carpet in BR's,den in bsmt could be BR, newer furnace & water heater, wide baseboards, tile backsplash in kitchen, B.Block counter top, Hot Tub & Sauna. P $120, E $143.



Others Listing Details

November 06, 2014



531,450

1976

WITHDRAWN09/19/2008P1 Prince Albert$299,50009/19/2008152

Impeccable Carlton Park home for the discerning buyer. Top quality finishing & contemporary styling. Custom hickory kitchen with island & eating bar, white oak HW flooring thru-out most of main & WBFP surrounded by bodega bluff stone. 3+2 BR's, 2+1 baths. Amazing treed yard with large deck. Truly a beautiful property!


November 06, 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 06, 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 06, 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 06, 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.


November 06, 2014

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.


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