Comparative Market Analysis

Prepared especially for:
John Smith
148 Redmont Rd
Stamford CT 06903

For marketing the property located at:
148 Redmont Rd

Prepared by:
Lena Getman
William Raveis Real Estate & Home Services
1022 Long Ridge Road
Stamford, CT 06903
Office: 203-322-0200
Fax: 203-968-8979
Cell: 203-918-5955
Email: lena@homes-source.com

Date: January 14, 2005

January 14, 2005

John Smith
148 Redmont Rd
Stamford CT 06903

Dear Mr. Smith:

Thank you for giving me the opportunity to complete a market evaluation for you.

Please keep in mind that this pricing estimate is determined by several factors, including the current market conditions, the size of your home, number of baths and bedrooms, age and condition of your home and the sold prices of comparable houses in your neighborhood. It is important that you are knowledgeable about the conditions that will affect the sale of your home.

The enclosed data is information provided by the local Multiple Listing Service (MLS) and includes only sales that were listed on the MLS. Please note that this is not an appraisal, only an estimate of the current value of your home.

If you are thinking of buying a new home or selling your current home I would love the opportunity to meet with you to answer any questions. Please feel free to contact me at any time.

Sincerely,

Lena Getman
REALTOR^®

Comparable Properties

Recently Sold	178 Rocky Rapids Rd
	List Price: $650,000	Sold Price: $650,000	DOM: 36
	List$ SqFt: $167.87 Apx SqFt: 3872 Bedrooms: 4 Full Baths: 3 Half Baths: Heating: Basbrd Cooling: Well Fireplaces: 1	Sell$ SqFt: $167.87 Year Built: 1961 Acres: 1.000000 Basement: Full Basement: Fin Wtr/Swr: Septic Int Feat: Wi/Clst Int Feat:	Assessment: $298,130 Style: Rr Exterior: Cedar Cars: 2 Parking: Und Wtr/Swr: Well Ext Feat: Porch Ext Feat: Patio
Remarks: A Renovators Delight! Bring Your Ideas To Make This Into Your Dream Home. Large (3,872 Sf) Home In A Great 1 Acre Fam Area. 4brs, 3 Full Bths, Very Lrg Fam Rm/Fpl ,2-Car Gar,C/A, Pool. House Sold "As Is". 2 Light Fixtures Excluded! No Show Before 10am, Must Call Ist, Old "Blind" Dog!

Recently Sold	155 Winesap Rd
	List Price: $699,000	Sold Price: $692,000	DOM: 89
	List$ SqFt: $288.37 Apx SqFt: 2424 Bedrooms: 4 Full Baths: 2 Half Baths: 1 Heating: Basbrd Cooling: Fireplaces: 1	Sell$ SqFt: $285.48 Year Built: 1964 Acres: 1.000000 Basement: Full Basement: Fin Wtr/Swr: Septic Int Feat: Skylt Int Feat: 9+ Ceiling	Assessment: $263,130 Style: Cont Exterior: Shakes Cars: 2 Parking: Att Wtr/Swr: Ext Feat: Deck Ext Feat: Lighting
Remarks: The Sun Shines In! This 4 Br 2.5 B Contemporay Rr Has Cath Ceils, Skylts,And Lots Of Glass. It Has Been Meticulously Maintained Inside And Out. Almost New Eik,Din Rm W/ Bay Wind,Fam Rm W/Fplc And Sliders To Deck W/ Pond Views. Lots Of Xtras Incl C/A,Oil Heat And So Much More. See List.

Recently Sold	119 Dundee Rd
	List Price: $759,900	Sold Price: $707,000	DOM: 57
	List$ SqFt: $173.02 Apx SqFt: 4392 Bedrooms: 5 Full Baths: 3 Half Baths: Heating: Oil Cooling: Well Fireplaces: 2	Sell$ SqFt: $160.97 Year Built: 1963 Acres: 1.000000 Basement: Storage Basement: Wtr/Swr: Septic Int Feat: Beams Int Feat: Sm/Wnd/Trts	Assessment: $311,290 Style: Rr Exterior: Vinyl Cars: 2 Parking: Att Wtr/Swr: Well Ext Feat: Patio Ext Feat: Deck
Remarks: This Extremely Spacious Home Welcomes You With A Dramatic 2-Story Entrance Featuring Double- Sided Staircase. Large Updated Kitchen Leads To Huge Cathedral Fr W/Sliders & Deck Formal Dr, Large Lr W/Fpl. Expansive Ll Fr W.Fpl,2 Add Brs, Lots Of Storage. Wonderful Saw Mill Neighborhood

Comparable Properties

Recently Sold	279 Intervale Rd East
	List Price: $709,000	Sold Price: $709,000	DOM: 68
	List$ SqFt: $261.82 Apx SqFt: 2708 Bedrooms: 4 Full Baths: 2 Half Baths: 1 Heating: Basbrd Cooling: Well Fireplaces: 2	Sell$ SqFt: $261.82 Year Built: 1962 Acres: 1.000000 Basement: Full Basement: Fin Wtr/Swr: Septic Int Feat: Wi/Clst Int Feat: 1/2 Bath	Assessment: $258,720 Style: Rr Exterior: Vinyl Cars: 2 Parking: Att Wtr/Swr: Well Ext Feat: Patio Ext Feat:
Remarks: Extremely Spacious 4br, 2.5bth Raised Rnch In Desirable Upprnewfld/Cul-De-Sac. New Siding, Windows,Mstr Bth. Flat Land. Huge Walk-Out Low/Lev. 2 Fireplaces! Convenient To Public & Pvt Schools,Golf, Churches, Jcc, Italian Cntr And Transport-Ation.Well Maintained. Perfect For Au-Pair/In-Law!

Recently Sold	1187 Riverbank Rd
	List Price: $695,000	Sold Price: $715,000	DOM: 28
	List$ SqFt: $177.48 Apx SqFt: 3916 Bedrooms: 4 Full Baths: 3 Half Baths: Heating: Basbrd Cooling: City Water Fireplaces: 1	Sell$ SqFt: $182.58 Year Built: 1962 Acres: 2.290000 Basement: None Basement: Wtr/Swr: Septic Int Feat: Wi/Clst Int Feat:	Assessment: $360,710 Style: Rr Exterior: Shakes Cars: 2 Parking: Att Wtr/Swr: City Water Ext Feat: Patio Ext Feat:
Remarks: Opportunity For "Handy" Buyer To Fix Up Hse To Their Own Specs! Big Freezeup Last Winter. Hse Needs Major Redo!! Large, Great Layout, Big Lr, Dr, Eik. 2 Staircases. Orig 3 Bths (Lower One Updted). Absolutely Not "Movein" Conditionn To Be Repaired Before Winter! Opportunity! Opportunity

Pricing Estimate

148 Redmont Rd

Let's review some important considerations. There are certain factors that are beyond our control and certain factors that are within our control. Those factors outside of our control are: the location of the property, the finished square feet and types of rooms and the amenities that are in place. Those factors we can control are: the appearance of the property inside and out, how aggressively we market the property and the price, including terms. It is critical for us to accept those factors that are beyond our control and to focus on pricing and preparation.

The estimate below is based on the information you have emailed to me. A more thorough analysis can be completed through a physical inspection of your home. I would be most happy to meet with you to answer any questions you may have.

Estimated Price Strategy…

My analysis of the comparable properties suggests a list price range of $695,000------- to $-735,000------.