E state ROYAL OAK Ask the Realtor. • • by Marilyn Megdell & Sheila Levine "We're Not #1, You Are!" , Whti IT" _11011111111i1: Q. We want to sell our home. Our Realtor has visited our home and now wants to create a CMA for us. What is a CMA? A "comparative market analysis" also referred to as a CMA, is an estimate of property value given current market conditions. Research is done by a Realtor surveying similar homes within the same area based on number of bedrooms, baths, square footage, etc. Included in the report are similar homes that have sold, homes that are currently listed for sale (the competition), as well as homes that were listed but haven't sold, expired listings. By using this tool, a realistic range for an asking price can be determined. By the way, buyers should also ask for a CMA on any property they want to purchase. A. riarwood Park CONDOMINIUMS 248-288-8828 Off 14 Mile, 3 Blocks East of Coolidge, North on Briarwood Open Daily 12 - 6 • Closed Thursday • • • • • Upscale and Urban Chic 1, 2 & 3 Bedroom Homes Basements Charming Brick Exterior Realtors Welcome From $89,990 Marilyn Megdell *3 yr. ARM , interest only, SO down, 5.75% int., 360 pymts includes assoc. dues & prop. taxes. Prices from $89,990. "Select homes. Conditions apply. Expires 2/28/05 Associate Broker 248-539-7346 www.KaftanCommunities.com KELLER WILLIAMS R E A L T Y Sheila Levine 5775 W. Maple Rd. West Bloomfield, MI 48322 248-539-7360 ABR I ■ fil es/tie coffeclion il BY MAX BROOCK BIRMINGHAM-MAPLE 248-647-7100 ■ BIRMINGHAM-OLD WOODWARD 248-644-6700 BLOOMFIELD HILLS 248-646-1400 BLOOMFIELD HILLS ■ CLARKSTON 248-625-9300 ROCHESTER 248-656-6500 WEST BLOOMFIELD 248-626-4000 BINGHAM FARMS BEAUTY! Private enclave of exquisite homes. Newer con- struction community. Open 2 story foyer to great room with fieldstone fireplace. 1st floor master suite that opens to library. Finished walk out lower level with wet bar and 5th bedroom and billiard room. 24105918 Gorgeous 1.3 acre lot w/patio and decking. 4 bedrooms, 3 full baths, family room with fire- place, wet bar and walkout to patio. Living room with doorwall to deck, great kitchen with eating space plus a full basement. A must see to appreciate. Your family will love it! 25012351 $1,159,000 H-03CAR Call 248-646-1400 . $674,900 H-570LD Call 248-646-1400 An exclusive collection of 8 SPLENDID single family homes, each DISTINGUISHED by design with scenic VIEWS overlooking wooded areas, all together creating the ideal neighborhood for raising families and enjoying life every minute of every day. Within the acclaimed West Bloomfield School District, near shopping and entertainment and easily accessed by major roads. 248-661-5353 Located on Farmington Road, just north of Fourteen Mile Road. Sales information available at Amberleigh located off Maple Road, just west of Farmington Road. The 2/24 2005 78 SUPERB LOCATION! FABULOUS VIEWS OF HAMMOND LAKE Spacious 4 bedroom, 3 full bath home on fabulous private wooded lot in Bloomfield! Formal dining room, living room with fire- place, huge family room with fireplace & 3-season room. Great location! Rare 5 bedroom colonial on exceptional 3/4 acre lot. Spacious kitchen with oak cabinets & breakfast area. Huge family room with stone fireplace. Finished lower level with wet bar & sauna with shower. $444,726 Call 248-647-7100 $319,900 Call 248-647-7100 .`Z Organization 9, 0530 ©Max Broock Realtors. 2003