CMA — 1797 Blue Grass Drive — Tommy Lower

REALTEAMREAL ESTATE
Tommy Lower

Tommy Lower
REALTEAM Real Estate · (616) 890-3087 · tom@mirealteam.com
PRELIMINARY — automatically generated comparative market analysis. Reply to Logan to revise or remove this page.
Comparative Market Analysis · Appraiser-Style Methodology · Prepared July 2026
1797 Blue Grass Drive▤ View all 12 photos

1797 Blue Grass Drive

Rochester Hills, MI 48306 3221 · Vintage Estates 4 · Rochester Community School District
Opinion of Market Value
$862,500 – $1,000,000
Most probable price ≈ $930,000 · 78% confidence · balanced market with a seller’s edge
Pricing Strategy

Four Ways to Price It

A single number hides the strategy. In a market absorbing inventory in 3.8 months at 100.5% of list, here is the full ladder — priced so the home lists strong and never leaves money on the table.

Conservative
$862,500
Quick, near-certain sale
Market Value
$930,000
Most probable sale price
Strategic List Price
$949,900
List here — invites competition, still appraises
Aspirational
$1,000,000
Tests the top of the comp support
The Subject Property

A Vintage Estates 4 Other

A 1999 other in Rochester Hills’s Vintage Estates 4 — 3,658 sq ft above grade plus a ~1,542 sq ft finished basement, 4 bedrooms, 5 baths, and a 3-car garage on a 0.38 acre lot. Welcome to this stunning Colonial in the highly sought-after Vintage Estates! (per the MLS listing.)

Style
Other
Subdivision
Vintage Estates 4
Schools
Rochester Community School District
Bedrooms
4
Bathrooms
5
Above-Grade Living Area
3,658 sqft
Finished Basement
~1,542 sqft
Garage
3-car
Year Built
1999
Lot
0.38 ac
Last Sale
Active at $850,000
Updates
Not stated in MLS record
Photos · select any to view all 12
Market Conditions

Balanced Market, Seller’s Edge

The subject’s segment (Rochester Hills 48306 3221, 2,926–4,389 sq ft) is absorbing inventory in 3.8 months, with a median 9-day market time, with homes closing at 100.5% of list. Median above-grade $/sqft moved from $206 to $257 quarter over quarter (median sale $837,500). This reads as a balanced market with a seller’s edge, which the pricing below reflects.

3.8
Months of Inventory
9 days
Median Days on Market
100%
Sale-to-List
+25%
$/SqFt, Quarter/Quarter
Comparable Sales · MiRealSource MLS

The Comparables

Comps were selected by subdivision first, then adjacent neighborhoods within the same schools, held to ±20% of the home’s above-grade size and the last six months. Each is scored 0–100 (location, size, age, style, lot, condition, amenities); anything under 70 is set aside. Select any home to see every MLS photo.

1859 Haverhill Drive, Rochester Hills▤ 12 photos88/100
COMP 1 · SOLD 2026-03-31

1859 Haverhill Drive, Rochester Hills

$765,000
4 bd · 4 ba · 3,490 sqft above grade (+0 bsmt) · 3-car · built 1995 · Vintage Estates 2
$219/sqft · suggests $842,450 · weight 30%
Same subdivision · view all 12 photos
1811 Blue Grass Drive, Rochester Hills▤ 12 photos86/100
COMP 2 · SOLD 2026-06-04

1811 Blue Grass Drive, Rochester Hills

$791,000
4 bd · 5 ba · 3,492 sqft above grade (+1500 bsmt) · 3-car · built 1997 · Vintage Estates
$227/sqft · suggests $810,531 · weight 26%
Same street, same subdivision — direct evidence · view all 12 photos
1709 Apple Ridge Court, Rochester Hills▤ 1 photos81/100
COMP 3 · SOLD 2026-07-10

1709 Apple Ridge Court, Rochester Hills

$1,100,000
4 bd · 5 ba · 3,966 sqft above grade (+1000 bsmt) · 3-car · built 1993 · Vintage Estates 2
$277/sqft · suggests $1,075,090 · weight 17%
Same subdivision · view all 1 photos
2555 Lambeth Park, Rochester Hills▤ 12 photos78/100
COMP 4 · SOLD 2026-05-13

2555 Lambeth Park, Rochester Hills

$760,000
4 bd · 4 ba · 3,457 sqft above grade (+1241 bsmt) · 3-car · built 1985 · Hawthorn Sub No 4
$220/sqft · suggests $794,445 · weight 12%
Lower-end anchor · view all 12 photos
6536 Chatham Circle, Rochester Hills▤ 12 photos74/100
COMP 5 · SOLD 2026-02-13

6536 Chatham Circle, Rochester Hills

$715,000
4 bd · 5 ba · 3,456 sqft above grade (+1300 bsmt) · 3-car · built 2006 · Quailcrest – A Singh Dev
$207/sqft · suggests $727,691 · weight 8%
Lower-end anchor · view all 12 photos
534 Parkland Hills Drive, Rochester▤ 12 photos73/100
COMP 6 · SOLD 2026-06-19

534 Parkland Hills Drive, Rochester

$915,000
5 bd · 5 ba · 3,710 sqft above grade (+1600 bsmt) · 3-car · built 2003 · Parkland Hills Condo
$247/sqft · suggests $891,451 · weight 6%
Near-identical size — a tight match · view all 12 photos
Adjustments & Weighting

Appraiser-Style Reconciliation

Each comparable’s sold price is adjusted to your home — living area (marginal $110/sqft), finished basement ($35/sqft), garage ($8,000/bay), lot, age/condition, and location — then weighted by similarity rather than averaged.

Comparable Sold Price Living Area Basement Garage Lot Age/Condition Location Adjusted Value Weight
1859 Haverhill Drive $765,000 +$18,480 +$53,970 +$0 +$1,800 +$3,200 +$0 $842,450 30%
1811 Blue Grass Drive $791,000 +$18,260 +$1,470 +$0 −$1,799 +$1,600 +$0 $810,531 26%
1709 Apple Ridge Court $1,100,000 −$33,880 +$18,970 +$0 −$4,800 +$4,800 −$10,000 $1,075,090 17%
2555 Lambeth Park $760,000 +$22,110 +$10,535 +$0 +$600 +$11,200 −$10,000 $794,445 12%
6536 Chatham Circle $715,000 +$22,220 +$8,470 +$0 −$2,399 −$5,600 −$10,000 $727,691 8%
534 Parkland Hills Drive $915,000 −$5,720 −$2,030 +$0 −$12,599 −$3,200 +$0 $891,451 6%

How to read this: each adjustment adds or subtracts what a difference is worth (a comp with a bigger basement than yours is adjusted down, and vice versa). “Adjusted Value” is what that sale suggests your home is worth. “Weight” is how strongly that comp counts toward the final opinion — the closest matches count most.

1859 Haverhill Drive (sold $765,000) adjusts to $842,450 and carries 30% weight. 1811 Blue Grass Drive (sold $791,000) adjusts to $810,531 and carries 26% weight. 3 comparable(s) inside Vintage Estates 4 anchor the value directly. Reconciled and weighted by similarity — not averaged — the evidence centers on $862,131; positioned for the balanced market with a seller’s edge, the opinion of value is $930,000.

Weighted indicated value $862,131 → opinion of value $930,000
Active Competition & Pending Sales

What Buyers Are Choosing From

On the market now (23)
$3,925,0004683 Pinnacle Boulevard4,117 sf · 260 days
$2,697,0001111 Sheldon Road4,202 sf · 34 days
$2,599,9004577 Moorcrest Lane3,750 sf · 59 days
$2,550,0002584 Heights View Court4,377 sf · 145 days
Under contract (17)
$2,899,0004380 The Heights Boulevard4,000 sf · 220 days
$1,895,0003071 Emeraude Court3,872 sf · 20 days
$1,299,999300 Camelot Way3,607 sf · 13 days
$1,015,0004831 Goodison Place Drive4,079 sf · 4 days

Right now buyers in this size band are choosing from asks of $2,550,000–$3,925,000 and pending contracts cluster $1,015,000–$2,899,000 — measured against that, the opinion of value holds.

Confidence

78% Confidence

  • 36 qualified sales in the segment in six months — a deep comp pool.
  • 3 comparables inside the subject’s own subdivision bracket the value directly.
  • Strong pending support: 17 homes under contract in the segment.
  • Held below 100% because the subject’s current interior condition isn’t independently verified.
What Your Numbers Say

Where You Stand

  • 3 recent sale(s) inside Vintage Estates 4 anchor your value directly.
  • Homes like yours are selling in about 9 days.
  • Only 23 comparable homes are on the market — limited competition favors you.
  • $/sqft in your size range moved $206 → $257 quarter over quarter.
  • The finished basement is a genuine differentiator buyers pay for.
Key Assumptions & Risks to Value
Assumptions
  • Above-grade living area of 3,658 sq ft per the MLS record; finished basement ~1,542 sq ft.
  • Interior condition assumed consistent with the most recent listing record — a current walkthrough may adjust value up or down.
  • No unpermitted additions or major deferred systems beyond normal age.
Risks
  • If interior condition lags the comparables, value trends toward the $862,500 conservative figure.
  • A rate move could shift the buyer pool this analysis is priced against.
Tommy Lower

Tommy Lower
REALTEAM Real Estate
(616) 890-3087 · tom@mirealteam.com
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Prepared by Tommy Lower, REALTEAM Real Estate, July 2026, using the Logan CMA Framework (USPAP-inspired). Data: MiRealSource / Realcomp MLS + public records. Square footage is above-grade finished area; basements shown separately. Subject photos are from the prior MLS listing; comparable photos are current MLS listing photos. This is a broker opinion of value for marketing purposes, not an appraisal. Equal Housing Opportunity.