Glenn Ritchie
Glenn Ritchie, Realtor First Team Real Estate Inc.
Glenn Ritchie

Comparative Market Analysis for Sellers


 


The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.

To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your listing in person.


How much of the cost of a remodeling project can be recovered at resale?  According to the National Association of Realtors if you update a bathroom that's at least 25 years old by replacing old fixtures to include tub, tile, toilet, solid vanity, new sink, ceramic tile floor and wallpaper in the LA area and it costs $11,100 you could recoup 139% of the cost. Window replacment that cost $10,435 at sale would be worth $11,250 a recoup of 107%. Update an outmolded 200 sq ft kitchen by designing and installing new cabinets, laminate countertops, double-tub stainless sink with single level faucet. Include energy efficient wall oven, cooktop, ventilation system, built in microwave, dishwasher, garbage disposer and custom lighting. Finish with resilent floor, painted walls, trim and ceiling. Include 3 linear feet of semi-custom grade wood cabinets, including a 3x5 foot island. Cost $46,990. Value at sale $40,667, a 86.5 cost recouped.      

   
First Name: 
Last Name: 
Email: 
Phone: 
Address: 
Postal/Zip Code: 
Year Built: 
Size: 
Bedrooms:     Bathrooms: 
Has Suite: 
Garage: 
  Type:     
Basement Type: 
Development:
Notes: 
Please describe any special features and recent upgrades.
For example: age of carpet & lino, type of kitchen cabinets, property backs park. List major renovations in recent years, etc.
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When are you planning to move?
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