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Researched and prepared by Rick Valcourt Prepared exclusively for Terry & Bev Hoda Prepared on December 03, 2014 Rick Valcourt Century 21 Prestige Real Estate 635 Branion Drive www.MyCandleLake.com Prince Albert, SK S6V2R9 3069606485 [email protected] Subject Property Meath Park, SK SOJ 1T0
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Page 1: Hoda

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Terry & Bev Hoda

Prepared onDecember 03, 2014

Rick Valcourt Century 21 Prestige Real Estate

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

Subject Property

Meath Park, SK

SOJ 1T0

Page 2: Hoda

December 03, 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

Page 3: Hoda
Page 4: Hoda

December 03, 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

Veteran'S Road Acreage $169,900 1942 01/30/2014 3071825Paddockwood Acreage $169,900 2009 06/20/2014 1660Paddockwood Acreage $149,900 09/03/2014 911412Paddcokwood Acreage $399,900 1977 09/25/2014 691856Paddockwood Acreage $124,900 1949 10/23/2014 411022

Averages: 1223 1969 135$202,900

Address Sale Price SQFT Age DOMCANCELLED Listings

S=Off Market

Hradecki Road $199,900 1963 05/15/2013 5784Averages: 784 1963 5$199,900

Address Sale Price SQFT Age DOMEXPIRED Listings

S=Off Market

Rm Of Paddockwood $175,000 12/15/2012 1521076Averages: 1076 152$175,000

Address Sale Price SQFT Age DOMSOLD Listings

S=Sold Date

Fox Pass Road Acreage $167,000 2003 02/03/2014 1631849Paddockwood Acreage $127,000 05/26/2014 72Paddockwood Acreage $135,900 05/01/2014 251344Paddockwood Acreage $225,000 1980 07/24/2014 1041376

Averages: 1523 1328 91$163,725

Address Sale Price SQFT Age DOMWITHDRAWN Listings

S=Off Market

Lot 4 West 2Nd Avenue $139,900 1978 10/03/2014 325912Averages: 912 1978 325$139,900

$168,450$182,017

Median of Comparable Listings: Average of Comparable Listings:

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 5: Hoda

December 03, 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

Fox Pass Road Acreage $179,900 $167,000 $-12,900 02/03/2014 163-7.17%

Paddockwood Acreage $149,000 $127,000 $-22,000 05/26/2014 72-14.77%

Paddockwood Acreage $139,900 $135,900 $-4,000 05/01/2014 25-2.86%

Paddockwood Acreage $239,900 $225,000 $-14,900 07/24/2014 104-6.21%

AverageMedianMinimumMaximum

$177,175$164,450$139,900$239,900

$163,725$151,450$127,000$225,000

$-13,450$-13,900

$-4,000

91 88 25 163

-7.75%-6.69%

-2.86%-14.77%$-22,000

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 6: Hoda

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

December 03, 2014

Address List Price

SOLD ListingsSale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

Fox Pass Road Acreage $179,900 $167,000 $-12,900 02/03/2014 163-7.17Paddockwood Acreage $149,000 $127,000 $-22,000 05/26/2014 72-14.77Paddockwood Acreage $139,900 $135,900 $-4,000 05/01/2014 25-2.86Paddockwood Acreage $239,900 $225,000 $-14,900 07/24/2014 104-6.21

AverageMedianMinimumMaximum

$177,175$164,450$139,900$239,900

$163,725$151,450$127,000$225,000

$-13,450$-13,900

$-4,000

91 88 25 163

-7.75-6.69

-2.86-14.77$-22,000

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 7: Hoda

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

December 03, 2014

Address Price SQFT Age DOMACTIVE Listings

S=

List Date

Veteran'S Road Acreage $169,900 1942 01/30/2014 3071825Paddockwood Acreage $169,900 2009 06/20/2014 1660Paddockwood Acreage $149,900 09/03/2014 911412Paddcokwood Acreage $399,900 1977 09/25/2014 691856Paddockwood Acreage $124,900 1949 10/23/2014 411022

Averages: 1223 1969 135$202,900

Address Price SQFT Age DOMCANCELLED Listings

S=

Off Market

Hradecki Road $199,900 1963 05/15/2013 5784Averages: 784 1963 5$199,900

Address Price SQFT Age DOMEXPIRED Listings

S=

Off Market

Rm Of Paddockwood $175,000 12/15/2012 1521076Averages: 1076 152$175,000

Address Price SQFT Age DOMSOLD Listings

S=

Sold Date

Fox Pass Road Acreage $167,000 2003 02/03/2014 1631849Paddockwood Acreage $127,000 05/26/2014 72Paddockwood Acreage $135,900 05/01/2014 251344Paddockwood Acreage $225,000 1980 07/24/2014 1041376

Averages: 1523 1328 91$163,725

Address Price SQFT Age DOMWITHDRAWN Listings

S=

Off Market

Lot 4 West 2Nd Avenue $139,900 1978 10/03/2014 325912Averages: 912 1978 325$139,900

$168,450$182,017

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 91.00 days for $163,725

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 8: Hoda

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

ACTIVE Listing Details

December 03, 2014

Paddockwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

311,022

1949

ACTIVE10/23/2014P7 Prince Albert NE$124,90010/23/201441

1 and a half story , 3 bedroom home on 28.38 acres. Some out buildings with Large fenced dog run. Directions: Turn right at north side and go east for 11 kms. Property on north side across from Paddockwood school. House needs some TLC and is sold as is. Great potential at a low price.

Paddockwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

311,412

ACTIVE09/03/2014P7 Prince Albert NE$149,90009/03/201491

You are located 43km from Prince Albert, you are about 20 minutes from Candle Lake & close to other fishing & lots of great hunting. The home has lots of updates: the sun room was built in the early 90's which is approximately 498 sq/ft, the basement is not finished. The property is for the horse lovers. There is a fence around the property. The owner will stay on the property until Oct. 30, 3015

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 9: Hoda

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

ACTIVE Listing Details

December 03, 2014

Veteran's Road Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

311,825

1942

ACTIVE01/30/2014P7 Prince Albert NE$169,90001/30/2014307

Excellent starter acreage! Located 4.5 kms East of Paddockwood. 1 1/2 storey home on 10.97 acres, huge country kitchen, formal dining, master bedroom on main and two spacious bedrooms on 2nd level. Large porch area, upgraded bathroom and wood floors throughout. List of upgrades available. Room to put your own finished touch to this acreage. Nice private setting, well sheltered and would be great for animal lovers.

Paddockwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

000

2009

ACTIVE06/20/2014P7 Prince Albert NE$169,90006/20/2014166

Awesome fully treed yard with an insulated & wired 26'X40' shop, phone, power, old well & lagoon septic. Natural gas is 1/2 mile away. This little piece of paradise would be a great start to a wonderful life. Very picturesque babbling brook runs along this beautiful property.

Paddcokwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

331,856

1977

ACTIVE09/25/2014P7 Prince Albert NE$399,90009/25/201469

The property is only 3.2km North of Meath Park & 43 km N.E. of Prince Albert & minutes from Candle Lake. Lots of great hunting & fishing nearby. Howard Creek runs of the East side of the property. Partially fenced, great for hay, pasture or crop. Garage is 24 X 26, barn is 26 X 48, older shop is 22 X 28, 2 hopper bottom bins 1350 bus. & 2000 bus. & 1350 flat bottom bin. A root cellar for gardening vegetables. This home is on the East side, great distance from the main road. Many upgrades to home. Must be seen.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 10: Hoda

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

SOLD Listing Details

December 03, 2014

Paddockwood acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

521,344$135,9000

SOLD04/06/2014P7 Prince Albert NE$139,90004/06/201425

Very affordable, 155.59 acre farm north of Paddockwood. Home partially upgraded with 5 bedrooms, 2 bathrooms, dining room and living room with cozy wood stove - new in 2011. New propane furnace installed in 2013. 30 x 50 heated work shop with concrete floor. Many other buildings on property. Great hunting. Act fast, won't last long. Power $86

Directions: Hwy 2 north to Christopher Lake corner - 16.2 km east - 4 km north, 1st house RHS.

Paddockwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

00

$127,000

SOLD03/15/2014P7 Prince Albert NE$149,00003/15/201472

Outfitters and buyers seeking secluded treed property - this may be the one for you! 120 acres situated right off Forest Gate Rd, 35 minutes NE of Prince Albert. This parcel is home to many kinds of wildlife and waterfowl and offers several great building sites and amazing views. Gas, power and phone run along road frontage. Topography is made up of Birch, Spruce and Poplar and a small lake is on the property. We are in lake country with several lakes and golf courses close by. Directions: Proceeding North on Hwy #2N, go 6.5km past Christopher Lake turnoff to Forest Gate Road. Turn right. Proceed 2.2 km East. Sign on RHS.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 11: Hoda

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

SOLD Listing Details

December 03, 2014

Fox Pass Road Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

111,849$167,0002003

SOLD08/24/2013P7 Prince Albert NE$179,90008/24/2013163

Directions: Hwy 2 North past Christopher Lake turnoff, turn right go to end them turn right again to end of road and go left - property on RHS. Watch for signs

Nestled in the forest, just off Hwy #2 - A one of a kind 1849 square foot straw bale home with double garage and guest house powered by a combination of solar panels, propane back up, wood heat & well water with its own water purification system - you can kiss your utility bills good bye!! Home is constructed to CMHC guidelines. Private and peaceful retreat or year round home. Make it yours!

Paddockwood Acreage Bedrooms:Bathrooms:Sqft:SP:Built:

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

321,376$225,0001980

SOLD04/11/2014P7 Prince Albert NE$239,90004/11/2014104

Very affordable acreage north of Paddockwood. Home features 3 bedrooms master bedroom has 3pc ensuite, 2 bathrooms main bathroom completely renovated, large living room with vaulted ceilings and cozy wood stove, some new windows, spacious kitchen with huge dining area, new washer and dryer 2012, new propane furnace and dishwasher 2013, 8x20 screened in deck at back of house and 5.5x6.5 screened in deck in front of house. Lots of great hunting. A must see won't last long.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 12: Hoda

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

EXPIRED Listing Details

December 03, 2014

RM of Paddockwood Bedrooms:Bathrooms:Sqft:SP:Built:

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

321,076

EXPIRED07/17/2012P7 Prince Albert NE$175,00007/17/2012152

This property is located North East of Prince Albert near Hwy #55. Approximately 1/2 from Prince Albert, or 25 minutes from the Airport and close to alot of good fishing and great for big game. The place is fenced for horses and feed. Approximately 4 acres fenced. School bus stops at the drive way. This is really country living. Directions: Turn left at Weirdale corner, go North 1.5km, property on LHS, watch for signs.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 13: Hoda

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

Others Listing Details

December 03, 2014

Lot 4 2nd West Bedrooms:Bathrooms:Sqft:SP:Built:

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

32912

1978

WITHDRAWN10/04/2013P7 Prince Albert NE$139,90010/04/2013325

Quiet small town living in Paddockwood! Nice 2+1 bedroom plus den. 912 sq/ft bungalow on large lot. Double detached garage measures 22 X 24.

Hradecki Road Bedrooms:Bathrooms:Sqft:SP:Built:

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

21784

1963

CANCELLED02/15/2013P7 Prince Albert NE$199,90002/15/20135

Turn at Meath Park turn off then left onto Hwy.#355, after 4 miles, turn right onto Hradecki Rd. after 2 miles acreage is on left hand side. 14.36 acres with Barn, 20x30 ft. heated shop with 220 underground power , newer 24x26 2 car garage, Cozy 2 bedroom Bungalow with fireplace, upgrades done in 2009, gorgeous Bamboo flooring, High efficient furnace in 2009,new water heater in 2012, big porch and screened in 30x8 veranda with huge deck.Beautifully treed acreage.100 ft well. Septic to field pump out. Close to Meath Park School. Lock box on railing left of door.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 14: Hoda

December 03, 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.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 15: Hoda

December 03, 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.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 16: Hoda

December 03, 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

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 17: Hoda

December 03, 2014

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.

Researched and prepared by Rick ValcourtCentury 21 Prestige Real Estate 306-922-7444

Page 18: Hoda

Marketing StrategyUsing knowledge, expertise and technology to sell your home!

Rick ValcourtRick Valcourt

Real Estate Consultant, Century 21 Prestige RealEstate, 635 Branion DrivePrince Albert, Saskatchewan S6V2R9

Phone: Phone: 306-960-6485Cell : Cel l : 306-960-6485Fax: Fax: 306-763-0001Email: Email : [email protected]: Website: www.mycandlelake.com

facebook.com/pages/Real-Estate-Prince-

Albert-Area-

wwwMyCandleLakecom/112399432108729

twitter.com/RickVC21

linkedin.com/profile/view?

id=306021908&trk=nav_responsive_tab_profile_pic

plus.google.com/u/0/115067566092628507184/posts

Page 19: Hoda

I intend to sell your home for

the maximum price in the

minimum amount of time.

To a certain extent, achieving that goal is a

numbers game. We need to create a richly

detailed, spectacular listing for your home,

and then we need to put it in front of as

many potential buyers as we possibly can.

Did you know that, as of 2013, nine out of

every ten home buyers used the web to

find their new home? This year the

percentage is predicted to increase

even further.

The number of buyers who use the internet

to find their next home is increasing daily.

The traffic to online real estate market-

places is skyrocketing. The power of the

web is growing. And I have been able to

successfully establish myself online so

that I am able to tap in to this steady

stream of real estate shoppers.

Your Listing Will Never Go Unnoticed

Over time, buyers' useof the Internet to

search for homes hasincreased, rising from71% in 2003 to 92% in

2013. Even moreimportantly, 45% ofhome buyers used a

mobile or tablet websiteor application to search

for a home.

1

Page 20: Hoda

The web is now by far the most important advertising medium for real

estate, and that’s becoming truer every day. Fortunately, I’ve

managed to stay ahead of this trend, and have been continuously

working to increase my web presence so that I can push listings to

more places very quickly, putting properties in front of online buyers

very effectively.

I subscribe to Point2 Agent, a web service that connects real estate professionals with one

another and with the most important real estate advertisers on the web. This service allows me to

advertise your listing on my website, on many other local real estate websites, and on over 50 of

the busiest online real estate marketplaces including Trulia, Oodle, Yahoo!, Zillow and many

more.

Thanks to this listing service, and to my numerous contacts, you will see that I belong to a

powerful online network that can make a substantial difference in the exposure your property

receives.

Your Listing Advertised Everywhere

Page 21: Hoda

Your Listing’s Own Website

In addition to my company

website, and countless real

estate websites across North

America, your listing can

receive its very own website

and unique domain name

(www.YourHouse.com), that

includes high-resolution

photos, detailed property

Information, and helpful tools

for potential home buyers.

Multiple Search Platforms

Not only will I help your listing

attract attention via “natural

search” sites like Google,

Yahoo! and MSN, I will also

place your listing in real

estate-specific search sites

such as Point2 Homes, Oodle,

Trulia and Zillow. In all, I have

access to over 50 distinct

listing marketplaces where

your listing can be displayed.

Better Information

I add as many high-quality

photographs and as much

richly detailed information to

your listing as possible, so it

will have a significantly better

chance of attracting more

buyers. In fact, 85% of home-

buyers value pictures as the

most important feature of a

listing advertisement .

Your Listing Gets Found Online

2

Page 22: Hoda

Better Listings

What’s the big deal? Well, it’s simple – many independent studies show that better listings with

more photos attract more visitors, they keep buyers looking at your home longer, and they

generate more quality buyer leads.

More Photos

I understand the power of quality photographs, and will include as many photos as possible to

help attract attention to your listing.

More Information

Buyers want information. That’s only natural – they’re trying to make an informed decision about a

major purchase. So instead of withholding information about your property, I deliver as much

information as possible. Not only does this make your listing easier to find online, and help

ensure that inquiries about your property are serious ones... it can also attract more attention from

the buyers who find it.

More Personality

No one knows your home better than you do. That’s why, if you’re interested, I am able to set up a

special area of your listing where you can add your own comments. You can even login via your

own password and access statistics on the visitors your listing is attracting.

More Power

My listings always include Google mapping with satellite imagery, virtual tours, and many other

features to showcase your property at the highest level of professionalism and technological

elegance.

More Information to Attract Buyers

Page 23: Hoda

Today’s buyers expect lightning-fast responses to their emails and

inquiries, they expect regular updates, and they expect an

impressive, feature-rich website. Not only is my website designed to

attract and engage today’s buyers, it also includes numerous behind-

the-scenes software elements that will help me to sell your home.

My networkMy network is set up to enable buyers to

register their preferences and receive listings

via email. That means that I may already have

dozens of waiting buyers who are looking for

the type of property you are offering. As soon

as I have completed work on your listing, it will

be instantly emailed to these matched buyers.

My softwareMy software automatically places potential

buyers in a communication program so that I

am sure to maintain friendly contact with them,

encouraging more repeat visits to my website

and more repeat viewings of your listing.

My websiteMy website has the ability to send a

notification directly to my cell phone as a text

message if a prospect is interested in your

property and inquiring about it. This means that

I am able to respond with incredible speed to

important potential buyers.

My advantageMy advantage is in the technological tools I

use to present your property as effectively as

possible, and to have it discovered by as many

potential buyers as possible. In modern

markets, having a technological edge can

make a dramatic impact. I have that edge, and

I am looking forward to using it to your

advantage.

Turning Browsers into Home Buyers


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