ADOBE REAL ESTATE BUYER REPRESENTATION

Comparative Market Analysis & Offer Strategy

1307 Barnard Dr, Las Vegas, NV 89102

Prepared for Shayna Delgado & Jillian Efelis by Daniel Kereczman
Living Area 1,122 sqft
Lot Size 7,841 sqft
Year Built 1953
Bed / Bath 3 / 1
List Price $325K
Pool Yes
Buyer Offer Strategy Action Required

Recommended Initial Offer Range

$320,000 - $325,000

Strategy: "Securing Undervalued Inventory"

The sellers of 1307 Barnard Dr have priced this property aggressively below the current neighborhood benchmarks. Our goal is to secure this home before it incites a bidding war.

  • The Competition: Similar homes are listing significantly higher. 1236 Melville Dr (3 Bed / 2 Bath) is currently active at $395,000.
  • Market Reality (Sold/Pending):
    • 1115 Douglas Dr (A smaller 2 Bed / 1 Bath, 900 SqFt) went under contract quickly at $329,000.
    • 1331 Melville Dr (Most direct 3 Bed / 1 Bath comp, 1,377 SqFt) recently closed for $390,000.
Market Valuations Automated vs. Manual
HouseCanary $321,091
Lender AVM
Zillow Zestimate® ~$328,500
Online Estimate
Redfin ~$322,000
Online Estimate
Realtor.com ~$325,000
Online Estimate
CMA Sold Avg $414,917
Local Data

*The wide gap between the neighborhood average sale price ($414,917) and this home's list price ($325k) highlights the buying opportunity. Automated models often suppress values on older layouts until a direct comp updates the algorithm.

Market Strength Analysis (Zip Code: 89102) Slight Seller's Advantage

This analysis looks at real-time data for the 89102 zip code. Understanding the current climate helps us structure your offer terms correctly.

34
Market Action Index
(>30 indicates a Seller's Market)
Trend: Stasis & Low Supply

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone.

Inventory: Tight

Active inventory sits at just 49 properties. Median Days on Market is 98 days across the zip code.

What This Means For You

With a median list price of $495,000 for the zip code, 1307 Barnard Dr is an entry-level gem. We cannot afford a "lowball" offer. Our terms must be compelling and clean.

Offer Strategy Deep Dive: Winning the Bid Competitive Edge

In a market where well-priced homes go fast, the price is only one part of the equation. Sellers evaluate the entire contract. Here is how we make your offer stand out from the crowd.

The "Weak" Offer

Asking the seller to pay your closing costs, requesting a 30-day inspection period, or offering a tiny earnest money deposit signals to the listing agent that the buyer may be financially unstable or difficult to work with.

The "Winning" Offer

A strong pre-approval letter from Kelly, a healthy earnest money deposit (1-2%), a tightened 7-10 day due diligence period, and a clean contract free of unnecessary seller concessions.

Comprehensive CMA Data: All Active, Under Contract, and Sold properties from the prepared comparative market analysis. Highlighted rows indicate the strongest comparable benchmarks.

Active Listings (Competition)

Address Beds/Baths SqFt Lot SqFt Yr Built List Price Pool
1307 Barnard Dr (Subject) 3 / 1 1,122 7,841 1953 $325,000 Yes
1236 Melville Drive ⭐ Best Comp 3 / 2 1,141 8,276 1954 $395,000 No
1127 Melville Drive 2 / 1 922 7,841 1951 $380,000 No

Under Contract Listings

Address Beds/Baths SqFt Lot SqFt Yr Built List Price Pool
1115 Douglas Drive ⭐ Best Comp 2 / 1 900 7,841 1951 $329,000 No
1261 Douglas Drive 3 / 2 1,952 8,276 1953 $474,900 No

Sold Listings

Address Beds/Baths SqFt Yr Built Sold Price Pool
1342 Douglas Drive 3 / 2 1,516 1953 $462,500 Yes
3506 Westleigh Avenue 4 / 1.5 1,743 1953 $472,000 No
1336 Darmak Drive ⭐ Best Comp 3 / 2 1,745 1953 $430,000 Yes
1133 Melville Drive 4 / 2 1,516 1951 $420,000 No
1331 Melville Drive ⭐ Best Comp 3 / 1.5 1,377 1953 $390,000 No
1261 Douglas Drive 3 / 2 1,952 1953 $340,000 No

Preferred Professional Partners

Lending
Kelly Graham
Merit Lending
Title / Escrow
Debbie Miller
Core Title
Attorney
Bud Stoddard
Albright, Stoddard, Warnick & Albright