Page 2 - 6 Harvest Lane Property Consultation

March 18, 2020
Pam Nelson & Linda Lea 6 Harvest Lane
East Hampton, NY 11937
Dear Pam and Linda,
Property Details: 6 Harvest Lane East Hampton, NY 11937 Tax Map# 0300-056.000-0300-022.000
Thank you for the opportunity to present this report to you for the sale of your property located at 6 Harvest Lane, East Hampton, NY.
This Comparative Market Analysis (CMA) will help to provide an overall awareness and a clear understanding of your property’s real value as it compares to sold properties as well as active competes in our current sales market. Every property has positives and negatives as it relates to itself as well as how it relates to competing properties on the market and recently sold.
In our opinion, 6 Harvest Lane is a fantastic property boasting many positives aspects:
• Great design & architecture and newly renovated
• Turn-Key, move-in for Summer 2020
• Beautiful pool, spa, outdoor living area + 2 outdoor showers
• Gorgeous landscaping
• Chic interior design
• Desirable location with water views and very close to water access
Today’s market is price driven. Properties priced correctly to market or very near real value based on recent past sold comparables within the past year, are generally selling within 5% of original list price. They are also selling within the first 6 months without having to reduce the price.
Your home is beautifully decorated and ready to sell, along with a rather current survey and certificate of occupancy, this makes for a very clean and quick deal at stronger prices. Keeping in mind your history and affection for the property, the monetary and emotional expense already put into it and the overall goal for greatest net profit, we have spent significant time assessing the property as it compares to others that are currently on the market for sale and those that have sold over recent months.
Based on this research, knowledge of the subject property, overall market knowledge, attentiveness to current market listings for sale, those in process of being sold and those sold and closed, our conclusion of today’s real value for PROPERTY is currently between $1,995,000 to $2,195,000. If brought to market today, we would recommend a list price of $2,195,000.