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Comparative Market Analysis and

Marketing Plan

Prepared especially for:

Bob and Linda Snyder


7104 Charolais Way
Citrus Heights, CA 95610-3844

March 16, 2004

Prepared by:

Ellie Neighbors, CRS


My Realty Co.
4665 Manderly Drive
Sacramento, CA 95834
Toll Free: (866) 733-0876
Office: (916) 654-4521
Mobile: (916) 927-2208
Fax: (916) 654-3265
email: ellie@myrealty.com
March 16, 2004

Bob and Linda Snyder


7104 Charolais Way
Citrus Heights, CA 95610-3844

Dear Bob and Linda Snyder,


We appreciate the opportunity to present our marketing plan and analysis to you.

The real estate market is changing everyday. We’ve put together this comparative market analysis to
give you the most up-to-date information available about what is happening in your market area.

Some of the properties included in this analysis vary in size and amenities in comparison to your home.
To account for these differences we’ve gone the extra step and included an adjusted market analysis for
you, along with a standard statistical analysis. This adjusted market analysis will more accurately
indicate a price range in today’s market place based on factors like the neighborhood you live in, the
actual size of your home, and its specific amenities.

This comparative market analysis will provide you with the information necessary to indicate an
appropriate price range for your property in today’s market.

It is very important that we price your home correctly and get your home in "showcase" condition. There
are many competing homes on the market, all at different price ranges. Buyers understandably are very
selective. The best-looking and competitively priced homes will attract the most qualified buyers.

The following pages outline our analysis of the current market conditions, the market value of your
home, and our plan to market your home to the widest possible audience in the quickest amount of
time.

Thank you again for this opportunity. We look forward to a successful partnership.

Sincerely,

Ellie Neighbors, CRS

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Ellie Neighbors
Affiliation
My Realty Co.
4665 Manderly Drive
Sacramento, CA 95834
Toll Free: (866) 733-0876
Office: (916) 654-4521
Mobile: (916) 927-2208

Experience
1981 - PRESENT Independent real estate professional
Multi-million dollar producer
Top Listing Agent 1983, 1984, 1986, 1991, 1993
Top Producing Agent 1985, 1986, 1991, 1993, 1994

Education
1971 - 1975 Bachelor of Arts, University of AnyWhere
1967 - 1971 Graduate of AnyTown High School

Professional Associations
GRI, CRS
Member of AnyCounty Board of Realtors
Member of AnyState Association of Realtors
Member of National Association of Realtors

Personal Information
Resident of the community for 25 years
Enjoy tennis, golf, sailing
Two children

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Our Company

We have been conducting business in the local area for many years. We have and continue
to work hard to gain the respect of these many distinguished communities. This recognition is
built upon a respect for our clients and neighbors. We hope your experience with us will
further this reputation of personalized service and client satisfaction.

Our company is comprised of people who live and work in the surrounding communities. We
have personal knowledge of each neighborhood’s nature, and growth possibilities. Based on
this we hope to find the perfect fit for you and your family. Every community is different.
Whether your focus is schools, shopping, transportation, or recreational facilities our
associates will draw upon their knowledge of the local areas to find the ideal property to meet
your needs.

We supplement this high-touch philosophy, with a high tech edge. We have quick access to
local MLS computers and software to help us analyze local market conditions.

If you are one of the growing number of real estate investors, our commercial division is more
than capable to provide our clients with commercial and income property opportunities.

Our best assets is our people. Our dedicated and talented staff of professionals will make
every effort to make sure your transaction goes as smoothly as possible.

We understand that we need to earn your business. We hope the level of detail found within
this Comparative Market Analysis helps you with your decision making process. We want to
do as much as possible to give you the information you need to price and market your most
valuable asset - your home.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Comparative Market Analysis Explanation

The remainder of this presentation contains information that will enable us to compare
your home to others like it in the market place. This comparison will help us decide the
fair market value for your home in the current market. Once we have decided on a
price and tested it, changing market conditions may require adjustments to the price to
remain competitive.

This comparison is called a comparative market analysis (CMA). It uses the most
current and reliable information from the Multiple Listing Service (MLS), real estate
firms, and title companies in this community. The homes included in this analysis are
a sampling of properties in the area that are currently for sale or that have recently
sold. They provide us a base line from which to begin our comparison. Other factors
considered in this comparison are square footage, location, amenities, the physical
condition of your property, and the effects of any existing financing on your home.

At times, the term "fair market value" causes confusion. The definition has three basic
parts – particular house – current condition – time frame (usually 30 to 90 days). Put
simply, fair market value is the price at which a home will sell within a reasonable
amount of time. This CMA will allow us to figure, using the above information, the fair
market value for your home. Remember this is just an estimation and the price could
vary up or down depending on the motivation of the buyer, seller and any fluctuations
in the market.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Factors that
Determine the Value
of Your Home

There are many factors that determine the value of your home in the current market. The
home itself is only a part of the puzzle. We’ll take you through each factor to help clarify the
process we use to establish your home’s value.

Location
§ Where your home is located may be the single most important factor when determining
the value of your home.

Condition
§ The condition of your home affects the price and how quickly it will sell. The
appearance both inside and out can bolster the buyer’s perception. Since emotion
plays a large part in buying a home the buyer’s first look is important!

Price
§ Establishing the correct price for a home will help insure a quick sale for your home.
This comparative market analysis will enable you to decide the optimum price for your
home.

Competition
§ Buyer’s will evaluate your home against others they deem comparable. Properties
currently for sale and properties that have recently sold will have the greatest impact on
the market value of your home.

The Market
§ The real estate market is always changing and these changes may affect property
values. Knowing that it is difficult to forecast the market, a flexible marketing plan will
help prepare you and your home for sale.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Subject Property

Property Details
City/Area: Citrus Heights, CA 95610-3844
Bob and Linda Snyder
7104 Charolais Way Year/Age: 19 Listing Price: $299,900
Citrus Heights, CA 95610-3844 Beds: 3 Baths: 2
Sq. Ft.: 1,363
Lot Size: 6534

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $50,753
Avg. Income w/Children: $67,055
Households w/Children: 30.8%
Grade Range: K - 12 Married Households: 51.9%
Schools: 87 Avg. Age: 38
Student Enrollment: 51,383 Adult HS Grads: 89.8%
Student Teacher Ratio: 21.2 to 1 Adult College Grads: 33.3%
Expenditures per Student: $8,037 Avg. Age of Housing: 27
Private School Enrollment: 13.5% Owner Occupied Housing: 65.1%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Currently for Sale

5828 Northgrove Way #1


City/Area: Citrus Heights, CA 95610-6523 DOM/MT: 20
MLS#: 40012781 List Price: $289,000 List Date: 2/25/2004
Sold Price: $0
Beds: 3 Baths: 2 Sq. Ft.: 1,296
Year/Age: 49 $/Sq. Ft.: $223 Map Code: 259 H-5
Lot Size: 11,326.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $45,368
Avg. Income w/Children: $47,966
Household w/Children: 33.4%
Married Households: 55.8%
Grade Range: K - 12
Avg. Age: 34
Schools: 87
Adult HS Grads: 90.5%
Student Enrollment: 51,383
Adult College Grads: 41.8%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 31
Expenditures per Student: $8,037
Owner Occupied Housing: 48.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Currently for Sale

6019 Cheshire Way #2


City/Area: Citrus Heights, CA 95610-6715 DOM/MT: 11
MLS#: 40014702 List Price: $306,500 List Date: 3/5/2004
Sold Price: $0
Beds: 4 Baths: 3 Sq. Ft.: 1,736
Year/Age: 33 $/Sq. Ft.: $177 Map Code: 259 J-5
Lot Size: 6,055.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $57,103
Avg. Income w/Children: $71,843
Household w/Children: 29.1%
Married Households: 55.4%
Grade Range: K - 12
Avg. Age: 40
Schools: 87
Adult HS Grads: 94.1%
Student Enrollment: 51,383
Adult College Grads: 42.3%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 27
Expenditures per Student: $8,037
Owner Occupied Housing: 62.0%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Currently for Sale

6711 Sunrise Blvd #3


City/Area: Citrus Heights, CA 95610-4539 DOM/MT: 28
MLS#: 40011136 List Price: $299,000 List Date: 2/17/2004
Sold Price: $0
Beds: 4 Baths: 3 Sq. Ft.: 1,665
Year/Age: 8 $/Sq. Ft.: $180 Map Code: 260 A-3
Lot Size: 11,326.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $32,346
Avg. Income w/Children: $40,295
Household w/Children: 35.1%
Married Households: 40.9%
Grade Range: K - 12
Avg. Age: 28
Schools: 87
Adult HS Grads: 83.1%
Student Enrollment: 51,383
Adult College Grads: 22.4%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 22
Expenditures per Student: $8,037
Owner Occupied Housing: 29.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Currently for Sale

8445 Menke Way #4


City/Area: Citrus Heights, CA 95610-3364 DOM/MT: 11
MLS#: 40014700 List Price: $302,900 List Date: 3/5/2004
Sold Price: $0
Beds: 3 Baths: 2 Sq. Ft.: 1,647
Year/Age: 25 $/Sq. Ft.: $184 Map Code: 260 C-2
Lot Size: 8,799.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $61,089
Avg. Income w/Children: $70,569
Household w/Children: 42.0%
Married Households: 67.2%
Grade Range: K - 12
Avg. Age: 36
Schools: 87
Adult HS Grads: 91.2%
Student Enrollment: 51,383
Adult College Grads: 34.4%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 25
Expenditures per Student: $8,037
Owner Occupied Housing: 81.9%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Expired Property

7186 Canelo Hills Dr #5


City/Area: Citrus Heights, CA 95610-4055 DOM/MT: 41
MLS#: 40003807 List Price: $314,900 List Date: 1/19/2004
Sold Price: $0
Beds: 4 Baths: 2 Sq. Ft.: 1,520
Year/Age: 27 $/Sq. Ft.: $207 Map Code: 260 A-2
Lot Size: 6,970.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $48,955
Avg. Income w/Children: $59,065
Household w/Children: 29.8%
Married Households: 49.8%
Grade Range: K - 12
Avg. Age: 33
Schools: 87
Adult HS Grads: 91.5%
Student Enrollment: 51,383
Adult College Grads: 33.5%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 21
Expenditures per Student: $8,037
Owner Occupied Housing: 48.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Expired Property

7717 Wooddale Way #6


City/Area: Citrus Heights, CA 95610-2638 DOM/MT: 183
MLS#: 30032428 List Price: $299,900 List Date: 7/14/2003
Sold Price: $0
Beds: 4 Baths: 3 Sq. Ft.: 1,585
Year/Age: 27 $/Sq. Ft.: $189 Map Code: 260 B-1
Lot Size: 5,663.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $54,696
Avg. Income w/Children: $71,455
Household w/Children: 37.9%
Married Households: 58.0%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 92.7%
Student Enrollment: 51,383
Adult College Grads: 30.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 19
Expenditures per Student: $8,037
Owner Occupied Housing: 75.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Expired Property

7718 Cotswald Way #7


City/Area: Citrus Heights, CA 95610-6718 DOM/MT: 117
MLS#: 30056690 List Price: $285,000 List Date: 10/22/2003
Sold Price: $0
Beds: 4 Baths: 2 Sq. Ft.: 1,380
Year/Age: 33 $/Sq. Ft.: $207 Map Code: 259 J-5
Lot Size: 6,534.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $57,103
Avg. Income w/Children: $71,843
Household w/Children: 29.1%
Married Households: 55.4%
Grade Range: K - 12
Avg. Age: 40
Schools: 87
Adult HS Grads: 94.1%
Student Enrollment: 51,383
Adult College Grads: 42.3%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 27
Expenditures per Student: $8,037
Owner Occupied Housing: 62.0%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Pending Sale

7018 Checkerbloom Way #8


City/Area: Citrus Heights, CA 95610-4011 DOM/MT: 7
MLS#: 40013429 List Price: $285,000 List Date: 3/1/2004
Sold Price: $0
Beds: 3 Baths: 2 Sq. Ft.: 1,469
Year/Age: 27 $/Sq. Ft.: $194 Map Code: 260 B-2
Lot Size: 6,055.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $61,089
Avg. Income w/Children: $70,569
Household w/Children: 42.0%
Married Households: 67.2%
Grade Range: K - 12
Avg. Age: 36
Schools: 87
Adult HS Grads: 91.2%
Student Enrollment: 51,383
Adult College Grads: 34.4%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 25
Expenditures per Student: $8,037
Owner Occupied Housing: 81.9%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Pending Sale

7763 Twin Oaks Ave #9


City/Area: Citrus Heights, CA 95610-0436 DOM/MT: 48
MLS#: 40003677 List Price: $289,950 List Date: 1/19/2004
Sold Price: $0
Beds: 3 Baths: 3 Sq. Ft.: 1,850
Year/Age: 56 $/Sq. Ft.: $157 Map Code: 239 J-6
Lot Size: 11,195.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $63,250
Avg. Income w/Children: $75,919
Household w/Children: 37.2%
Married Households: 68.4%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 95.0%
Student Enrollment: 51,383
Adult College Grads: 35.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 24
Expenditures per Student: $8,037
Owner Occupied Housing: 85.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Pending Sale

8149 Phoebe Way # 10


City/Area: Citrus Heights, CA 95610-0846 DOM/MT: 7
MLS#: 40011604 List Price: $305,000 List Date: 2/23/2004
Sold Price: $0
Beds: 3 Baths: 2 Sq. Ft.: 1,689
Year/Age: 21 $/Sq. Ft.: $181 Map Code: 270 C-7
Lot Size: 0.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $54,696
Avg. Income w/Children: $71,455
Household w/Children: 37.9%
Married Households: 58.0%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 92.7%
Student Enrollment: 51,383
Adult College Grads: 30.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 19
Expenditures per Student: $8,037
Owner Occupied Housing: 75.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Pending Sale

8209 Conover Dr # 11
City/Area: Citrus Heights, CA 95610-0809 DOM/MT: 7
MLS#: 40014978 List Price: $295,000 List Date: 3/8/2004
Sold Price: $0
Beds: 4 Baths: 3 Sq. Ft.: 1,931
Year/Age: 26 $/Sq. Ft.: $153 Map Code: 240 C-6
Lot Size: 6,665.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $63,250
Avg. Income w/Children: $75,919
Household w/Children: 37.2%
Married Households: 68.4%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 95.0%
Student Enrollment: 51,383
Adult College Grads: 35.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 24
Expenditures per Student: $8,037
Owner Occupied Housing: 85.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

6048 Dublin Way # 12


City/Area: Citrus Heights, CA 95610-6513 DOM/MT: 36
MLS#: 30068029 List Price: $299,999 List Date: 12/31/2003
Sold Price: $300,000 Sold Date: 3/3/2004
Beds: 3 Baths: 2 Sq. Ft.: 1,889
Year/Age: 24 $/Sq. Ft.: $159 Map Code: 259 H-5
Lot Size: 7,405.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $45,368
Avg. Income w/Children: $47,966
Household w/Children: 33.4%
Married Households: 55.8%
Grade Range: K - 12
Avg. Age: 34
Schools: 87
Adult HS Grads: 90.5%
Student Enrollment: 51,383
Adult College Grads: 41.8%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 31
Expenditures per Student: $8,037
Owner Occupied Housing: 48.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

6447 Little River Ct # 13


City/Area: Citrus Heights, CA 95621-4749 DOM/MT: 73
MLS#: 30052482 List Price: $309,900 List Date: 10/3/2003
Sold Price: $300,000 Sold Date: 1/13/2004
Beds: 3 Baths: 2 Sq. Ft.: 1,725
Year/Age: 24 $/Sq. Ft.: $174 Map Code: 259 D-4
Lot Size: 10,498.00

Interior Features: Cooling: Central; Heat: Electric,Fireplace Insert,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $35,058
Avg. Income w/Children: $39,081
Household w/Children: 25.3%
Married Households: 31.1%
Grade Range: K - 12
Avg. Age: 38
Schools: 87
Adult HS Grads: 87.1%
Student Enrollment: 51,383
Adult College Grads: 24.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 22
Expenditures per Student: $8,037
Owner Occupied Housing: 55.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

7639 Woodchuck Way # 14


City/Area: Citrus Heights, CA 95610-2534 DOM/MT: 4
MLS#: 40001980 List Price: $282,000 List Date: 1/11/2004
Sold Price: $295,000 Sold Date: 1/15/2004
Beds: 3 Baths: 2 Sq. Ft.: 1,617
Year/Age: 21 $/Sq. Ft.: $182 Map Code: 240 B-7
Lot Size: 8,712.00

Interior Features: Cooling: Central; Heat: Heat Pump;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $54,696
Avg. Income w/Children: $71,455
Household w/Children: 37.9%
Married Households: 58.0%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 92.7%
Student Enrollment: 51,383
Adult College Grads: 30.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 19
Expenditures per Student: $8,037
Owner Occupied Housing: 75.3%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

7718 Cotswald Way # 15


City/Area: Citrus Heights, CA 95610-6718 DOM/MT: 62
MLS#: 40013355 List Price: $285,000 List Date: 12/1/2003
Sold Price: $285,000 Sold Date: 3/1/2004
Beds: 4 Baths: 2 Sq. Ft.: 1,380
Year/Age: 33 $/Sq. Ft.: $207 Map Code: 259 J-5
Lot Size: 6,534.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $57,103
Avg. Income w/Children: $71,843
Household w/Children: 29.1%
Married Households: 55.4%
Grade Range: K - 12
Avg. Age: 40
Schools: 87
Adult HS Grads: 94.1%
Student Enrollment: 51,383
Adult College Grads: 42.3%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 27
Expenditures per Student: $8,037
Owner Occupied Housing: 62.0%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

8126 English Oak Way # 16


City/Area: Citrus Heights, CA 95610-0617 DOM/MT: 32
MLS#: 30060717 List Price: $290,000 List Date: 11/10/2003
Sold Price: $295,000 Sold Date: 1/12/2004
Beds: 4 Baths: 2 Sq. Ft.: 1,679
Year/Age: 26 $/Sq. Ft.: $176 Map Code: 240 B-6
Lot Size: 10,019.00

Interior Features: Cooling: Central; Heat: Central,Natural Gas;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $63,250
Avg. Income w/Children: $75,919
Household w/Children: 37.2%
Married Households: 68.4%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 95.0%
Student Enrollment: 51,383
Adult College Grads: 35.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 24
Expenditures per Student: $8,037
Owner Occupied Housing: 85.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Property Recently Sold

8427 Shoemaker # 17
City/Area: Citrus Heights, CA 95610-0819 DOM/MT: 5
MLS#: 40004769 List Price: $305,000 List Date: 1/21/2004
Sold Price: $305,000 Sold Date: 2/20/2004
Beds: 4 Baths: 2 Sq. Ft.: 1,596
Year/Age: 27 $/Sq. Ft.: $191 Map Code: 240 C-6
Lot Size: 6,970.00

Interior Features: Cooling: Central; Heat: Central;

School Information: Neighborhood Information:


District: SAN JUAN UNIFIED Median Income: $63,250
Avg. Income w/Children: $75,919
Household w/Children: 37.2%
Married Households: 68.4%
Grade Range: K - 12
Avg. Age: 37
Schools: 87
Adult HS Grads: 95.0%
Student Enrollment: 51,383
Adult College Grads: 35.7%
Student Teacher Ratio: 21.2 to 1
Avg. Age of Housing: 24
Expenditures per Student: $8,037
Owner Occupied Housing: 85.6%
Private School Enrollment: 13.5%
Students to 4 Year College: 27.0%
Students to 2 Year College: 43.0%
Avg SAT Score: 1037
Avg ACT Score: 22

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Map of Comparable Properties

City of Citrus Heights

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Comparable Properties
Map Listing Index

Order # Address Date Listed Listing Price


1 5828 Northgrove Way 2/25/2004 $289,000
2 6019 Cheshire Way 3/5/2004 $306,500
3 6711 Sunrise Blvd 2/17/2004 $299,000
4 8445 Menke Way 3/5/2004 $302,900
5 7186 Canelo Hills Dr 1/19/2004 $314,900
6 7717 Wooddale Way 7/14/2003 $299,900
7 7718 Cotswald Way 10/22/2003 $285,000
8 7018 Checkerbloom Way 3/1/2004 $285,000
9 7763 Twin Oaks Ave 1/19/2004 $289,950
10 8149 Phoebe Way 2/23/2004 $305,000
11 8209 Conover Dr 3/8/2004 $295,000
12 6048 Dublin Way 12/31/2003 $299,999
13 6447 Little River Ct 10/3/2003 $309,900
14 7639 Woodchuck Way 1/11/2004 $282,000
15 7718 Cotswald Way 12/1/2003 $285,000
16 8126 English Oak Way 11/10/2003 $290,000
17 8427 Shoemaker 1/21/2004 $305,000

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Comparable Property Statistics

Active Properties

Number of Listings 4
Lowest List Price $289,000
Average List Price $299,350
Highest List Price $306,500
Average Price/SqFt $191
Average DOM 18

Expired Properties

Number of Listings 3
Lowest List Price $285,000
Average List Price $299,933
Highest List Price $314,900
Average Price/SqFt $201
Average DOM 114

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Comparable Property Statistics

Pending Properties

Number of Listings 4
Lowest List Price $285,000
Average List Price $293,738
Highest List Price $305,000
Average Price/SqFt $171
Average DOM 17

Sold Properties

Number of Listings 6
Lowest Sold Price $285,000
Average Sold Price $296,667
Highest Sold Price $305,000
Average Price/SqFt $182
Average DOM 35

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Summary of Comparable Properties
Address Beds Baths DOM SqFt List Price Sold Price Sold Date

Active
5828 Northgrove Way 3 2 20 1,296 $289,000
6019 Cheshire Way 4 3 11 1,736 $306,500
6711 Sunrise Blvd 4 3 28 1,665 $299,000
8445 Menke Way 3 2 11 1,647 $302,900

Averages 17 1,586 $299,350 $0

Expired
7186 Canelo Hills Dr 4 2 41 1,520 $314,900
7717 Wooddale Way 4 3 183 1,585 $299,900
7718 Cotswald Way 4 2 117 1,380 $285,000

Averages 113 1,495 $299,933 $0

Pending
7018 Checkerbloom Way 3 2 7 1,469 $285,000
7763 Twin Oaks Ave 3 3 48 1,850 $289,950
8149 Phoebe Way 3 2 7 1,689 $305,000
8209 Conover Dr 4 3 7 1,931 $295,000

Averages 17 1,734 $293,737 $0

Sold
6048 Dublin Way 3 2 36 1,889 $299,999 $300,000 3/3/2004
6447 Little River Ct 3 2 73 1,725 $309,900 $300,000 1/13/2004
7639 Woodchuck Way 3 2 4 1,617 $282,000 $295,000 1/15/2004
7718 Cotswald Way 4 2 62 1,380 $285,000 $285,000 3/1/2004
8126 English Oak Way 4 2 32 1,679 $290,000 $295,000 1/12/2004
8427 Shoemaker 4 2 5 1,596 $305,000 $305,000 2/20/2004

Averages 35 1,647 $295,316 $296,666

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Summary Analysis

Listing Category Lowest Price Highest Price Average Price $/SqFt DOM

Active $289,000 $306,500 $299,350 $191 18

Expired $285,000 $314,900 $299,933 $201 114

Pending $285,000 $305,000 $293,737 $171 17

Sold $285,000 $305,000 $296,666 $182 35

Total Averages $286,000 $307,850 $297,422 $186 46

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Sold Property Analysis
Address List Price Sold Price DOM % Chg $/SqFt
6048 Dublin Way $299,999 $300,000 36 0.00 % $159

6447 Little River Ct $309,900 $300,000 73 3.19 % $174

7639 Woodchuck Way $282,000 $295,000 4 4.61 % $182

7718 Cotswald Way $285,000 $285,000 62 0.00 % $207

8126 English Oak Way $290,000 $295,000 32 1.72 % $176

8427 Shoemaker $305,000 $305,000 5 0.00 % $191

Sold Averages $295,317 $296,667 35 0.46 % $182

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Seller's Approximate Proceeds
Low High

Price: $289,000 $309,000


Costs:
First Mortgage $90,000 $90,000
Second Mortgage $10,000 $10,000
Commissions $17,340 $18,540
Escrow Fees $474 $494
Home Warranty $350 $350
Pest Inspection $50 $50
Tax Stamp $329 $352
Title Insurance $1,745 $1,845
Termite Work $0 $0
Other Work $0 $0

Total Estimated Closing Costs $120,288 $121,631

Net Cash To Seller $168,712 $187,369


I understand that the above is an estimate only and that the actual costs which would be incurred may
vary if an actual sale is consummated. The estimate amounts above are not guaranteed in any way.

Seller Date

Broker/Sales Associate Date

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Where the Money Goes

Normally, real estate commissions are split four ways.


1. The listing broker
2. The listing agent
3. The selling broker
4. The selling agent.
Each of these professionals serve a very important role in the sale
of your home, and is duly compensated.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Why do you need a Real Estate Professional
Do you really have all the time, energy, information, resources, and contacts to properly market and sell your home? Would the
process be a smooth one? Would it give you more time to focus on your personal life? Would you be able to get the best price for
your home? Below we have listed just a few areas in which we believe a real estate professional truly earns their commission:

Pricing
A real estate professional is best suited to determine a pricing strategy for your property. You don’t want to miss opportunities by
overpricing or undervaluing your property. Knowledge about the surrounding areas, pricing trends, local information, and experience
will ensure you are getting the best price for your home.

Marketing
A real estate professional has many ways to effectively market your property. Proven marketing methods include
flyers, open houses, the internet, local newspapers, and listing in the local Multiple Listing Service (MLS). There is a
common misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS® studies
show that 82% of real estate sales are the result of contacts through previous clients, referrals, friends and family, and
personal contacts.

Keep in mind, advertising is only one part of marketing. The choice of media and frequency of advertising depends a lot
on the home and specific market. Overexposure of a property in any media may give a buyer the impression the
property is distressed or the seller is desperate. A qualified real estate professional will know when, where and how to
advertise your property.

Marketing also includes the exposure of your home to other real estate professionals and the general public. In many
markets over 50% of real estate sales are cooperative sales; that is, a real estate professional other than yours brings
in the buyer. Your real estate professional acts as the marketing coordinator, disbursing information about your property
to other real estate professionals through the MLS, open houses, and office meetings.

Preparation is critical to marketing your property effectively. A real estate professional is best suited to recommend
repairs and cosmetic work that will significantly enhance the salability of your home.

Security
When the property is marketed with the help of a qualified real estate professional, you avoid allowing strangers into
your home. Real estate professionals will generally pre-screen and accompany qualified prospects through your
property. This increases your safety and allows for any last minute preparation.

Negotiating
Your real estate professional can assist you with objectively evaluating every buyer's proposal without compromising
your marketing position. This initial agreement is only the start of a process that involves appraisals, inspections, and
financing - and a lot of potential obstacles. Your real estate professional can help you write a legally binding agreement
that will be more likely to make it through this complicated process.
Monitoring, Renegotiating and Closing
Between the initial sales agreement and closing/settlement, questions may arise. For example, unexpected repairs are
sometimes required to obtain financing or a concern with the title could potentially be uncovered. The required
paperwork alone is intimidating for most sellers. Your real estate professional is the best person to objectively help you
resolve these issues and move the transaction to closing/settlement.

Your real estate professional can also meet with other professionals involved in the transaction process. Their industry
contacts can make sure any unforeseen issues are handled reliably and quickly.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Comparable Price Analysis

Comparable Price Analysis Sold Price Price per Sq.Ft.


Low Price $285,000 $158
Average Price $296,666 $180
High Price $305,000 $206

Adjusted Price Analysis Sold Price Price per Sq.Ft.


Low Price $285,000 $158
Average Price $296,666 $180
High Price $305,000 $206

Suggested List Price $299,900 $220

Seller Date

Broker/Sales Associate Date

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
The Importance of Intelligent Pricing

A competitively priced home will attract


a high percentage of prospective buyers.
The Intelligent Pricing Pyramid above demonstrates that a home priced at
market value will attract a greater percentage of prospective buyers than a
home price above market value. The higher above market value the home
is priced, the fewer prospective buyers. A home priced below market value
will typically attract the greatest percentage of prospective buyers. The
further below market value the home is priced, the more prospective
buyers.

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Selling Price vs. Timing

You need to price your home prudently from the beginning,


when buyer interest will be high.
Timing is very important in real estate. The above graphic shows
the importance of placing your property on the market at a realistic
price from the start. A home attracts the most excitement and
interest when it is first placed on the market for sale. A home has
its greatest chance for selling when it is newly listed. Pricing your
home correctly, from the start, will help it sell in the shortest
possible time frame.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Marketing Planner

Date Task Completed

3/16/2004 Sign listing papers

3/17/2004 Input listing into the MLS

3/17/2004 Order lock box for property

3/17/2004 Order for sale sign for property

3/18/2004 Create flyers and other marketing materials

3/18/2004 Advertise in local newspaper and on web site

3/21/2004 Hold open house

4/30/2004 Review pricing strategy

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Maximizing First Impressions
Exterior and Curb Appeal
· Experts say most buyers make their decision at first sight.
General Exterior
·
·
Prospective buyers will react well to signs your home has been meticulously maintained.
Manicure landscaping: mow, edge and water lawn, trim hedges, weed and fertilize flowerbeds, and

·
prune trees.

·
Keep driveway clean and free of parked cars, and keep the garage door closed.

·
Repair or replace loose or damaged roof shingles.
Minimize cracks or crumbling on walkways, walls, or steps, and keep them clean and free of

·
obstructions like toys or snow.
Items from RV’s to waste cans left out can contribute to a cluttered or busy appearance. Make sure

·
that from the street, your property appears clear.

·
Inspect appearance of interior window coverings from the curb.

·
Repair any peeling paint or loose caulking on windows or other areas.

·
Take steps to eliminate insect or rodent pests.
Pick up after your pets and neighborhood animals.

Doorway
·
·
While agents work the lockbox for a key, buyers have idle time to notice details.

·
Apply a fresh coat of paint to the front door.

·
Consider adding pots of flowering plants in the entryway if weather permits.
Eliminate cobwebs and groom doorway area windows, porch light, or decorative glass.

Interior Appeal
· Once inside, experts say most buyers are reaffirming their curbside decision.

Clean, Clear, Light and Bright


· Give every room in the house a thorough cleaning and remove all clutter. Hiring a cleaning service

·
may pay for itself by adding to a buyer’s perceived value of your home.

·
For a sleeker, more spacious look, consider placing furniture from crowded rooms in storage.
Clear kitchen counters of everything other than perhaps a few pretty items. Ask yourself: In a

·
model home, would a professional decorator put your choice of items out on the counter?
Remember, closets will be opened! Keep closets, cupboards, and even your attic orderly and neat.
Since you're anticipating a move anyway, consider holding a garage sale or boxing and storing

·
unused belongings.
If necessary, repaint or clean/replace dingy, soiled or strongly colored walls, and window and floor
coverings with a light, neutral shade. Bright rooms look bigger, and neutral colors help buyers

·
envision their own furnishings and décor.

·
Repair dripping faucets, burned out light bulbs, or cracked windowpanes.
Repair cracks, holes or damage to plaster, wallboard, wallpaper, and tiles.

Warm and Homey


· Subtle scents of potpourri in bedrooms or baths and fresh baked cookies or cinnamon in the kitchen

·
can make your home more inviting.
Keep an attractive set of towels in each bathroom to be brought out only for showings.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.
Checklist for Moving
Moving can be a busy time with many small yet important tasks to complete. You want to make sure
all of your belongings arrive safely at your new home, the mail is forwarded, and the lights are turned
on. This checklist will help keep you organized as you prepare your move.

Before Moving
Change of address notices:
Post Office.
Banks, Credit Cards, other monthly bills.
Insurance - new locations for fire and auto.
Subscriptions.
Friends, Relatives.
(Remember some of these need several weeks notice.)
Utility Companies: Gas, water, electricity, telephone, fuel. Turn them off at your current home and
on at your new home. Don’t forget to ask for refunds if you made any advance
deposits.
Finances: Find a new bank if necessary. Arrange check-cashing and coordinate credit
references.
Medical Records: Get referrals for doctors, dentists, and veterinarian.
Obtain any necessary prescriptions, x-rays, eyeglasses, medical records, and
birth records.
Packing: If using a moving company, check for: insurance coverage, payment schedule,
other shipping documents, arrival day, labor, and prep work to be
accomplished beforehand.
If you are moving, have plenty of boxes and wrap on hand. Pack as much as
possible in advance, don’t wait until moving day.
Empty and clean freezer and refrigerator.

Moving Day
Transportation: Prepare for the needs of small children and animals. What will they do while
you are packing and how will they get to your new home?
Double check: When the house is empty, but before the moving truck door closes, double
check closets, attics, back yard, and any other storage locations to make sure
they are empty.
Important Items: Carry jewelry and documents yourself or send them registered mail.
Money: You should carry enough cash or travelers checks to cover your move and
expenses until you reach your new home.
Keys: Leave old house keys with a neighbor or your real estate professional.

At Your New Home


Utilities: Check that your gas, electricity, water, and telephone have been turned on.
Check pilot lights on stove, water heater, and furnace.
Automobile: Have your address changed on your driver’s license.
If you have moved to a new state have the car registered within 5 days to
prevent penalties.
Apply for a new drivers license.
Remember to: Register children in new school.
Locate new doctor, dentist, etc.

Prepared by Ellie Neighbors, CRS

Copyright Ó eNeighborhoods, Inc. (800)975-9742 All information is deemed reliable, but is not guaranteed.

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