stacey weber

Researched and prepared by

Rick Valcourt

Prepared exclusively for

Stacey Weber

Prepared onNovember 24, 2014

Rick Valcourt Century 21 Prestige Real Estate

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

Subject Property

November 24, 2014CANDLE LAKE, SASK., .KINGSWAY DRIVE

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


This section summarizes the comparable listings contained in this market analysis.

Summary of Comparable Listings

Address Sale Price SQFT Age DOMACTIVE Listings

1974S=10 Kingsway Drive 848List Date

5 Norland Place $129,000 1975 09/13/2014 7152826 Hayes Drive $139,000 1976 05/08/2014 1992802 Martin Drive $168,500 2005 09/06/2014 7878412 Alder Place $172,000 1960 05/01/2014 206994

Averages: 647 1979 139$152,125

Address Sale Price SQFT Age DOMEXPIRED Listings

1974S=10 Kingsway Drive 848Off Market

9 Wayne Place $129,900 1960 11/14/2014 18442333 Main Street $159,900 1962 10/12/2014 87672

Averages: 548 1961 136$144,900

Address Sale Price SQFT Age DOMSOLD Listings

1974S=10 Kingsway Drive 848Sold Date

8 Parkland Road $132,500 06/13/2014 14990451 Main Street $139,000 06/03/2014 49528107 Lakeview Drive $150,000 1972 04/20/2014 330572103 Main Street $158,000 11/04/2014 4380031 White Poplar Cres $160,000 1984 11/19/2014 25283224 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 73792

Averages: 777 1191 158$154,429

$158,000$152,254

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

8 Parkland Road $169,800 $132,500 $-37,300 06/13/2014 149-21.97%

51 Main Street $149,000 $139,000 $-10,000 06/03/2014 49-6.71%

107 Lakeview Drive $154,750 $150,000 $-4,750 04/20/2014 330-3.07%

103 Main Street $165,000 $158,000 $-7,000 11/04/2014 43-4.24%

31 White Poplar Cres $175,000 $160,000 $-15,000 11/19/2014 252-8.57%

24 Ken Cres $184,900 $166,500 $-18,400 04/07/2014 210-9.95%

18 Pine Cres $198,500 $175,000 $-23,500 07/15/2014 73-11.84%

AverageMedianMinimumMaximum

$170,993$169,800$149,000$198,500

$154,429$158,000$132,500$175,000

$-16,564$-15,000

$-4,750

158 149 43 330

-9.48%-8.57%

-3.07%-21.97%$-37,300


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


Address Price SQFT Age DOMACTIVE Listings

1974S=10 Kingsway Drive 848List Date

5 Norland Place $129,000 1975 09/13/2014 7152826 Hayes Drive $139,000 1976 05/08/2014 1992802 Martin Drive $168,500 2005 09/06/2014 7878412 Alder Place $172,000 1960 05/01/2014 206994

Averages: 647 1979 139$152,125

Address Price SQFT Age DOMEXPIRED Listings

1974S=10 Kingsway Drive 848Off Market

9 Wayne Place $129,900 1960 11/14/2014 18442333 Main Street $159,900 1962 10/12/2014 87672

Averages: 548 1961 136$144,900

Address Price SQFT Age DOMSOLD Listings

1974S=10 Kingsway Drive 848Sold Date

8 Parkland Road $132,500 06/13/2014 14990451 Main Street $139,000 06/03/2014 49528107 Lakeview Drive $150,000 1972 04/20/2014 330572103 Main Street $158,000 11/04/2014 4380031 White Poplar Cres $160,000 1984 11/19/2014 25283224 Ken Cres $166,500 04/07/2014 210100818 Pine Cres $175,000 2001 07/15/2014 73792

Averages: 777 1191 158$154,429

$158,000$152,254

Median of Comparable Listings: Average of Comparable Listings:

On Average, the 'Sold' status comparable listings sold in 158.00 days for $154,429


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


Address List Price

SOLD ListingsSale Price

$ ChangeList Price to Sold Price Sold Date DOM

% ChangeList Price toSold Price

Parkland Road $169,800 $132,500 $-37,300 06/13/2014 149-21.97Main Street $149,000 $139,000 $-10,000 06/03/2014 49-6.71Lakeview Drive $154,750 $150,000 $-4,750 04/20/2014 330-3.07Main Street $165,000 $158,000 $-7,000 11/04/2014 43-4.24White Poplar Cres $175,000 $160,000 $-15,000 11/19/2014 252-8.57Ken Cres $184,900 $166,500 $-18,400 04/07/2014 210-9.95Pine Cres $198,500 $175,000 $-23,500 07/15/2014 73-11.84

AverageMedianMinimumMaximum

$170,993$169,800$149,000$198,500

$154,429$158,000$132,500$175,000

$-16,564$-15,000

$-4,750

158 149 43 330

-9.48-8.57

-3.07-21.97$-37,300


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


Priced between $129,000 and $198,500

1 to 3 Bedrooms

Built between 0 to 2005

280 to 1,008 Square Feet

The listings in this analysis can be summarized as follows:

1 Bathroom



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

0.0K

40.0K

80.0K

120.0K

160.0K

200.0K

103 M

ain STREET

107 L

akev

iew D

RIVE

12 A

lder Plac

e

18 Pine C

RES

2 Mart

in DRIVE

24 K

en C

RES

26 H

ayes

DRIVE

31 W

hite Poplar

CRES

33 M

ain STREET

5 Norla

nd PLACE

51 M

ain STREET

8 Park

land R

OAD

9 Way

ne PLACE

Sum of List PriceSum of Sale Price

Address

Pric

e

Price Graph



Number of Days On MarketThis graph illustrates the number of days on market for the listings in this analysis.

0

50

100

150

200

250

300

350

103 M

ain STREET

107 L

akev

iew D

RIVE

12 A

lder Plac

e

18 Pine C

RES

2 Mart

in DRIVE

24 K

en C

RES

26 H

ayes

DRIVE

31 W

hite Poplar

CRES

33 M

ain STREET

5 Norla

nd PLACE

51 M

ain STREET

8 Park

land R

OAD

9 Way

ne PLACE

43

330

206

73 78

210 199

252

8771

49

149184

Address

Days On Market


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

ACTIVE Listing Details


5 Norland Bedrooms:Bathrooms:Sqft:SP:Built:

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

21528

1975

ACTIVE09/13/2014P7 Prince Albert NE$129,00009/13/201471

Seasonal cabin for sale in Candle Lake, Sk. Starter cabin located in a great location. Located in the Island View Subdivision. Walk a block to a sandy beach and water. A marina is within walking distance and a spot can be applied for in the Island View Marina as property owners in this subdivision are given priority. This cabin features 2 bedrooms, 1 bathroom, wrap around deck. Heated by wood stove and electric heat. 500 gallon water holding and 1000 gallon septic.

26 Hayes Bedrooms:Bathrooms:Sqft:SP:Built:


11280

1976


Seasonal 280 sq ft cabin for sale in Candle Lake, Sk. MARINA SPOT INCLUDED. This small cabin features 1 bedroom and kitchen/sitting area, 4 pc bathroom in adjacent 12 x 8ft building along with water heater. Fridge & Stove 3 years old. Couch is a hide a bed. 700 gal water holding tank. Located in the Nobles Point Subdivision.Septic- 1200 gal. Lot size is 69.95 x 119.95. Power is $65.00 every 3 months.

2 Martin Bedrooms:Bathrooms:Sqft:SP:Built:


21784

2005


An affordable starter cabin located in Fisher Creek subdivision at Candle Lake, Sk. Features include: log siding, metal roof, pine interior & vaulted ceilings. Large 50 X 100 lot plenty of room for a garage. You'll be able to enjoy this year-round as it is electric & wood heat.



ACTIVE Listing Details


12 Alder Place Bedrooms:Bathrooms:Sqft:SP:Built:


31994

1960


Seasonal cabin for sale in Candle Lake, Sk. 934 sq ft with 3 bedrooms and 1 bathroom, and porch area. This is a good starter cabin. Natural gas to building. Shingles replaced in 2009. Includes fridge and stove and furnishings. Located on the east side of the lake in Hayes east subdivision. Private well and septic.



SOLD Listing Details


51 Main Bedrooms:Bathrooms:Sqft:SP:Built:


21528$139,000

SOLD04/15/2014P7 Prince Albert NE$149,00004/15/201449

This should check all the boxes if you are looking for a starter cabin at the lake. Just steps from one of the nicest beaches at Candle Lake. This 2 bedroom cottage is centrally located on the south end of Candle Lake. Cabin can be used year round with natural gas forced air furnace along with 4 season water.Summer is coming soon so start living the lake life with your family.Very affordable & move in ready

107 Lakeview Bedrooms:Bathrooms:Sqft:SP:Built:


31572$150,0001972


A great starter cabin in the Fisher Creek area of Candle Lake. A seasonal cottage with 3 bedrooms & a 3 piece bathroom. Water is supplied by the neighbor. Large decked area. Storage shed in back for your boating needs. Only a short walk to one of the nicest beaches in Candle Lake. Take a look at your future Candle Lake retreat.



31800$158,0000


Wonderful family cabin located in the Waskateena area. 800 sq. ft. 3 bed, 1 bath. Great yard with park like public reserve next to the cabin, access and view of Waskateena Beach. Lot 50 x 105, open concept, large front deck (2 yrs old), large shed/guest house. Cuddle up to wood fireplace, insulated cement footing, gas to the building, metal facia, siding, law maintenance yard, septic, water tank. Priced to sell, come check it out. Comes fully furnished. Call Rick V for details, "Your Real Estate Consultant."





8 Parkland Bedrooms:Bathrooms:Sqft:SP:Built:


31904$132,5000


902 sq/ft, 3 bedroom/1 bath located on pie shape 1/2 acre lot. Great cabin is quite location with plenty of room for all your toys. Single detached garage with the bonus of attached carport. Nice yard with large wrap around deck. Metal roof with wood trimming through out the home giving it that great cabin feeling that we all love. Comes turn key with all furniture, appliance, so just grab the family come enjoy your new cabin at the lake. Excellent investment potential and great area for the kids. Come check it out!

31 White Poplar Bedrooms:Bathrooms:Sqft:SP:Built:


11832$160,0001984


Hidden Gem!! 832 sq/ft, one & a half storey cabin. Located on West side of Candle Lake, steps away from a great beach area. Quiet cul-de-sac street in great neighborhood. Low maintenance cabin, cedar siding with great front & back yard, perfect for sitting around the fire with friends and family. Even though 1 bedroom (easily converted back to two) there is plenty of room in the loft (432 sq/ft) to fit the whole family. 4 Season, Electric heat & wood fireplace, shared well and 1000 gallon septic. Great Cabin feeling, move right in. The combination of pine vaulted ceilings & open lofts with spiral staircase, give you a great cabin feeling that kids just love. Don't miss out on this wonderful Candle Lake cabin. Call Rick V today "Your Real Estate Consultant."





24 Ken Bedrooms:Bathrooms:Sqft:SP:Built:


311,008$166,500


This 1008 sq. foot 3 bedroom seasonal is located in the desirable Telwin subdivision of Candle Lake. Cottage interior is accented with cedar walls & ceiling. Ample kitchen space with large family room. Decks on 2 sides, firepit in backyard. A small shed for storage.This property also comes with a highly sought after marina berth & boat list. Just listed @ $184,900.00

18 Pine Bedrooms:Bathrooms:Sqft:SP:Built:


21792$175,0002001


Year round cabin located in Candle Lake, Sk. Enjoy this 792 sq ft home built in 2001. Features 2 bedrooms, 1 bath. Includes a 12 x 14 ATV garage which is insulate with two doors for easy in and out plus a coverall for your boat or vehicle. Water is a shared well and 1300 gal septic tank. This cozy cabin is in great shape and located on a larger lot. Sit on the deck and watch the morning sun or sunset with your cup of coffee. Heated by electric forced air and also a wood stove. Includes fridge and stove. A 220 outlet is also wired in. Enjoy all the lake has to offer - swimming, boating, fishing, water skiing, golfing or just relaxing on the sandy beaches. For the winter enjoy - snowmobiling, cross country skiing, curling, ice fishing or sitting by the warmth of the wood stove.



EXPIRED Listing Details


9 Wayne Bedrooms:Bathrooms:Sqft:SP:Built:


21423

1960

EXPIRED05/14/2014P7 Prince Albert NE$129,90005/14/2014184

Sell the travel trailer and put down some roots. Affordable titled lot fronting large trout pond only minutes of a walk to well sheltered beach. Enjoy the lake life with a great starter opportunity at Candle Lake. Taxes are estimated.



31672

1962

EXPIRED07/17/2014P7 Prince Albert NE$159,90007/17/201487

Fantastic opportunity to have your very own cabin at candle lake. Located just a few steps from Waskateena beach this is the perfect family getaway for a great price!



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.



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.



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



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.



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.


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

http://facebook.com/pages/Real-Estate-Prince-Albert-Area-wwwMyCandleLakecom/112399432108729

http://twitter.com/RickVC21

http://linkedin.com/profile/view?id=306021908&trk=nav_responsive_tab_profile_pic

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

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

”

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

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

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

stacey weber

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