COMPARATIVE MARKET ANALYSIS · 8 VERIFIED COMPS · 1.00 MI · FLEXMLS PULLED 2026-04-28

The data is unambiguous.

Eight verified Braewood Terrace · and · adjacent properties inside 1.00 mi. Four closed, one pending, two active, one cancelled at $380K. Bull anchor closed cash for $365K in 4 days, one block from subject.

VERIFIED COMPS
8
1.00 mi · 6 mo · SFR · 1965 · 1985
CLOSED MEDIAN
$229
per sqft · n=4
SUPPORTABLE
$393,158
$229 × 1,717
BULL ANCHOR
$273
cash · 4 DOM · 9572 E 29th

SECTION 01 · THE BULL ANCHOR

9572 E 29th St · same subdivision · cash close $365,000 in 4 days.

One block from subject. With pool. Closed cash December 18, 2025 at $273/sqft · the highest per-foot pace in the comp set. Subject lists at $226/sqft, well below this anchor per-foot, with reno + casita + 4th-BR conversion premium baked in.

9572 E 29th St ↗$365,000$273 / sqft
Status
Closed cash · 12/18/2025
DOM
4 days
Sqft
1,336
BR / BA
3 / 2
Pool
Yes
Year built
1971

If 9572 cleared $273/sqft cash for 1,336 brick + pool, Strategic at $389K is conservative. We list 28% more sqft, with a 2026 reno and a casita. The cash buyer is the ceiling we are pricing toward.

Bull anchor · 9572 E 29th St · same subdivision · cash close $365K · 4 DOM
Bull anchor · 9572 E 29th St · same subdivision · cash close $365K · 4 DOM

SECTION 02 · UNDER-CONTRACT INTEL · TYLER-HELD

Cathy Place · same floor plan · in contract right now.

I am the buyer's-side agent on a Cathy Place property currently under contract · same floor plan as 9529, in the high $300s. The Cathy Place property does not appear in the public closed-comp set yet because escrow has not closed. The price is firsthand intel, not a public number.

Same floor plan, same era, similar pool. That data point reinforces $389K Strategic as defensible and $399K Aggressive as a credible 14 · 21 day stretch test. Once Cathy Place closes, the comp lands publicly and our pricing thesis carries even harder.

“I am really glad to hear that you are the buyer's agent for Kathy because... that's like the perfect comp for us.”

Jessica · April 28 walkthrough

SECTION 03 · CLOSED COMPS · n = 4

Median sold $322,500 · median $/sqft $228.98 · average DOM 36.

The four closed FlexMLS sales in the 1.00 mi radius over the last 6 months. The cash close at 9572 carries the high-water mark. Subject lists below the median per-foot.

AddressSold$/sqftSqftBR/BAPoolDOMFinancing
9572 E 29th ↗$365,000$2731,3363/2Yes4Cash
9551 E 30th ↗$315,000$2311,3613/2Yes62FHA
9529 E 32nd ↗$300,000$2111,4203/2No42Cash
2222 S Deer Trail ↗$330,000$2001,6503/2No38FHA

SECTION 04 · WHAT ELSE THE BUYER POOL IS LOOKING AT

Two actives · one pending · one cancelled ceiling check.

The active median list is $354,450 with average DOM 83 days. Subject at $389K with pool + casita + 2026 reno is a defensible step above. The cancelled $380K Faye listing is the discipline check · pricing must stay defensible per-foot, not aspirational.

ACTIVE COMPETITION · 2 LISTINGS
AddressList$/sqftSqftBR/BAPoolDOM
9562 E 29th ↗$339,000$2591,3093/2Yes108
2022 S Faye Pl ↗$369,900$2181,7004/2No61
PENDING · 1 LISTING
AddressPending at$/sqftSqftBR/BAPoolDOM
9430 E 30th ↗$330,000$2261,4573/2No149
CANCELLED · CEILING CHECK
AddressCancelled list$/sqftSqftBR/BAPoolDOM
2042 S Faye Pl ↗$380,000$1911,9864/2No49

4-bedroom, 15% larger than subject (1,986 vs 1,717), no pool, no reno · listed at $380,000 and could not move in 49 days. Subject's premium against this comp is pool ($15K) + casita ($15K) + 2026 reno ($25K) + corner cul-de-sac ($3K) ≈ $58K · putting defensible value at $438K against this unproven ceiling. Aggressive $399K stays disciplined under that.

SECTION 05 · ADJUSTMENTS GRID

Applied to closed comps when reconciling subject value.

The ranges below are the working adjustments from the in-person walkthrough. Final ranges are reconciled in the appraisal-justification packet shared with the buyer's lender.

FeatureDirectionRange
Subject has pool, comp does not+$12,000 · $18,000
Subject has AC casita, comp does not+$10,000 · $20,000
Subject is 4 BR, comp is 3 BR+$6,000 · $10,000
Subject is corner cul-de-sac, comp is interior+$3,000 · $6,000
Subject has 2026 reno · paint / LVP / HVAC / roof+$20,000 · $35,000
Subject has 1 carport, comp has 2-car garage$8,000 · $12,000
Subject has 2 BA, comp has 2.5 or 3 BA$5,000 · $10,000

SECTION 06 · SUBJECT'S PRIOR LIST HISTORY

For chain-of-title transparency.

Buyer agents see these on the public record. Being upfront about them is part of why this number lands.

DateStatusListSoldNotes
4/10/2023Sold cash$322,000$318,750Opendoor → Mark and Jessica · DOM 51 / CDOM 200 · as-is investor flip
1/19/2023Cancelled$326,000 · Opendoor's prior listing attempt before relisting
11/10/2015Sold$174,900$167,000Pre-renovation private sale
10/4/2005Sold$215,000$210,000Pre-2008 cycle

The 2023 Opendoor close at $318,750 is a useful floor reference but does not drive 2026 pricing. That was an as-is flip with no investment. Mark and Jessica have put four years of work into the home since.

SECTION 07 · WHAT THIS COMP DOC PROVES

The math is unambiguous.

  1. One. The strategic price ($389,000) is not a number we picked · it is the cluster center of the verified comp set ($229 median × 1,717 sqft = $393,158), within $4,000 of the recommendation.
  2. Two. The 9572 E 29th St cash close at $365,000 in 4 days proves cash buyers will pay $273/sqft in this neighborhood when the home shows right. We are listing at $226/sqft.
  3. Three. The Cathy Place in-contract intel · direct from my buyer-side seat on that transaction · tells us a same-floor-plan home is currently under contract in the high $300s. Strategic and Aggressive both stay defensible against that data point.
  4. Four. The 2042 S Faye cancellation at $380,000 (15% larger, no pool, no reno) is the discipline check. Pricing has to stay defensible per-foot, not aspirational.
  5. Five. $389,000 with a published range of $375K · $399K puts subject inside the buyer-search ranges for both the 3 BR and 4 BR pools · we capture both buyer types.

Source: FlexMLS CMA pulled 2026-04-28 09:04 · 1.00 mi radius · 8 verified comps + 1 Tyler-held Cathy Place under-contract intel · saved to _verification/statistical_buyers_cma.pdf