Valuation for 3041 E 3rd St #1

Created by

Beatrix Whipple

Hello Scott and Helene, I'm excited to work with you on listing your beautiful condo! I've put together some information for your review along with my explanation of how I came to the recommended valuation.

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Comparative market analysis

This report shows recent comparable condo sales in the area to determine the market value for your home.

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Previous sale in the building

Another approach to the valuation is to take the most recent sale in the building which was 3.5 years ago, in August of 2018. That was unit #7, which is a 2 bed, 1 bath home which sold for $385K. Taking an approach of calculating the annual appreciation between this sale and our proposed list price of $545K-$549K equals an annual appreciation of 12%, which is aggressive for 2018-2019 but is in line with 2020-2021 so I feel comfortable with this valuation.

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Listing and marketing plan

Please review our comprehensive listing and marketing plan, along with examples of our print, digital and social media advertising examples.

Thank you again, I am really looking forward to working with you on this listing! I know we will have remarkable success with your beautiful property!