Comparative Market Analysis
Prepared especially for:
Ray Drexel
For property at:
14482 County Line Rd
Willis, TX 77378
Brought to you by:
Rhoni Kirchner
Keller Williams Realty
1936 Highway 190 W
Livingston, TX 77351
(281)352-3307
Report Created On: 8/12/2016
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.
8/12/2016
Ray Drexel
14482 County Line Rd
Willis, TX 77378
Ray Drexel
I appreciate the opportunity to provide you with a Comparative Market Analysis for your property. Prepared exclusively for you, this analysis contains a summary of the recent real estate transactions in your area for properties that are similar to yours. While none of the properties included in this analysis is exactly like yours, they do provide a good basis by which to compare your property with the 'competition'.
The following pages contain descriptions of each property whether it is currently available for sale, recently sold, or was listed but did not sell. A short description of each property is provided, followed by a summary table of each property's key features, which allows you to easily compare the features of your property with others in your area.
Your property may have special features or improvements that could substantially affect the price range in which it should be listed. We will discuss pricing in more detail after you have had a chance to review the enclosed information.
Please give me a call if you have any questions or would like any additional information. I look forward to working with you and selling your property quickly.
Sincerely,
Rhoni Kirchner
Keller Williams Realty
2/12
Subject Property
14482 County Line Rd
Willis, TX 77378
Building Sq Ft : 2,340
Year Built : 1980
Bedrooms : 3
Baths - Full : 2
3/12
Information is believed to be accurate but is not guaranteed.
Sold Property Profile
13210 Fm 2432 Rd
Sub: Henderson F K
LP: $309,000
SP: $315,000
SqFt: 1905/Appraisal District
LP/SF: $162.20
SP/SF: $165.35
Year Built: 1960/Appraisal District
Stories:
SP/LP%: 1.02
Lot Size: 270246/Appraisal District
Bedrooms:
Garage:
Bathrooms: 2/0
2/Detached Garage
1
3/
DOM: 44
Pool:
Remodeled in 2000, this amazing country property has much history just 1 mile outside of downtown Willis. Cozy home on 6.2
acres W/3BR/2BA. Freshly painted with new laminate floors. Kitchen opens to den w/brick fireplace which separates large family
room w/tile floor. Detached 2 car garage w/workshop, covered patio & 2 sheds. Beautiful pasture, spring fed pond and an old barn
built prior to the 1930 hold much history including weddings & barn dances. Bring your horses! Don't miss!
11000 Farrell Rd
Sub: Davis Nat Hart
LP: $374,900
SP: $370,000
SqFt: 2850/Appraisal District
LP/SF: $131.54
SP/SF: $129.82
Year Built: 2002/Appraisal District
Stories:
SP/LP%: 0.99
Lot Size: 304920/Appraisal District
Bedrooms:
Garage:
Bathrooms: 2/1
2/Detached Garage
2
3/4
DOM: 143
Pool:
Enjoy country living in this beautiful 3/2.5/2 custom ranch house with western accents. Huge living room w/vaulted ceiling, rustic
log stair rail, large fireplace w/heat blower, opens to huge chef-worthy kitchen w/exta large pantry and dining area. Great wrap
around porch and metal roof. Hardiplank construction/log cabin feel. 7 cross-fenced acres/gated access, 2 ponds, stoarage
shed, 100ft well, barn w/2 stalls could be 4 stalls w/living quarters and full bath. Great location near I-45!
4/12
Information is believed to be accurate but is not guaranteed.
Property Map
# Address
Status
Original
List Price
List Price
Price Per
Sq.Ft.
« 14482 County Line Rd
House
Sq.Ft.
Adj
Beds/Baths
$/SqFt
2340
YB
3/2.
1980
DOM
1 13210 Fm 2432 Rd
Sold
$329,000
$309,000
$165.35
1905
270246
3/2.0
1960
44
2 11000 Farrell Rd
Sold
$429,900
$374,900
$129.82
2850
304920
3/2.1
2002
143
5/12
Information is believed to be accurate but is not guaranteed.
Sold Comparable Properties
14482 County Line Rd
13210 Fm 2432 Rd
11000 Farrell Rd
Mls#
35122541
99336404
Original List Price
$329,000
$429,900
List Price
$309,000
$374,900
Sales Price
$315,000
$370,000
Closing Date
6/28/2016
2/12/2016
2,850
Building Sq Ft
2,340
1,905
Year Built
1980
1960
Bedrooms
3
3
3
Baths - Full
2
2
2
Adj:
$21,750
Adj:
($25,500)
Adj:
($11,000)
2002
Adj:
$10,000
Net Adjustments
$31,750
($36,500)
Adjusted Price
$346,750
$333,500
6/12
Information is believed to be accurate but is not guaranteed.
Price History of All Properties
1
2
13210 Fm 2432 Rd
List Date: 03/25/2016
Sales Date: 06/28/2016
Cumulative Days on Market (CDOM): 44
List Price: $309,000
Sales Price: $315,000
11000 Farrell Rd
List Date: 07/08/2015
Sales Date: 02/12/2016
Cumulative Days on Market (CDOM): 143
List Price: $374,900
Sales Price: $370,000
7/12
Information is believed to be accurate but is not guaranteed.
Price Comparison
Adjusted Price for Comparable Properties
(adjusted sales price for recently sold properties: adjusted list price for all others)
High Price: $346,750
Average Price:
$340,000
Low Price: $333,500
Median Price:
$340,125
Suggested Price for Subject Property: $340,000
8/12
Information is believed to be accurate but is not guaranteed.
Pricing Analysis
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.
Comparable Properties
Status
SqFt
Adj $/SqFt
1 13210 Fm 2432 Rd
Sold
1,905
$182
2 11000 Farrell Rd
Sold
2,850
$117
# Address
Adj
Adj Price
$315,000
$31,750
$346,750
$370,000
($36,500)
$333,500
Price
High Adjusted Price:
$346,750
Low Adjusted Price:
$333,500
Average Adjusted Price:
$340,000
Median Adjusted Price:
$340,125
Suggested Price for 14482 County Line Rd:
9/12
Information is believed to be accurate but is not guaranteed.
$340,000
Property Detail
13210 Fm 2432 Rd
List Price : $309,000
Sales Price : $315,000
Building Sq Ft : 1,905
Year Built : 1960
Bedrooms : 3
Baths - Full : 2
Remarks: Remodeled in 2000, this amazing country property has
much history just 1 mile outside of downtown Willis. Cozy home on 6.2
acres W/3BR/2BA. Freshly painted with new laminate floors. Kitchen
opens to den w/brick fireplace which separates large family room w/tile
floor. Detached 2 car garage w/workshop, covered patio & 2 sheds.
Beautiful pasture, spring fed pond and an old barn built prior to the
1930 hold much history including weddings & barn dances. Bring your
horses! Don't miss!
Notes:
10/12
Information is believed to be accurate but is not guaranteed.
Property Detail
11000 Farrell Rd
List Price : $374,900
Sales Price : $370,000
Building Sq Ft : 2,850
Year Built : 2002
Bedrooms : 3
Baths - Full : 2
Remarks: Enjoy country living in this beautiful 3/2.5/2 custom ranch
house with western accents. Huge living room w/vaulted ceiling, rustic
log stair rail, large fireplace w/heat blower, opens to huge chef-worthy
kitchen w/exta large pantry and dining area. Great wrap around porch
and metal roof. Hardiplank construction/log cabin feel. 7 cross-fenced
acres/gated access, 2 ponds, stoarage shed, 100ft well, barn w/2 stalls
could be 4 stalls w/living quarters and full bath. Great location near I45!
Notes:
11/12
Information is believed to be accurate but is not guaranteed.
Subject Property
14482 County Line Rd
Willis, TX 77378
Building Sq Ft:
2,340
Year Built:
1980
Bedrooms:
3
Baths - Full:
2
12/12
Information is believed to be accurate but is not guaranteed.