CMA — 5267 ROSTRAVER CT — Logan · REALTEAM

REALTEAMREAL ESTATE
Logan · REALTEAM

Logan · REALTEAM
REALTEAM Real Estate · (586) 334-5057 · logan@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

5267 ROSTRAVER CT

UTICA, MI 48316 · TWILIGHT SUB · UTICA COMMUNITY
Opinion of Market Value
$380,000 – $415,000
Most probable price ≈ $395,000 · 65% confidence · balanced market
Pricing Strategy

Four Ways to Price It

A single number hides the strategy. In a market absorbing inventory in 5.6 months at 100.2% of list, here is the full ladder — priced so the home lists strong and never leaves money on the table.

Conservative
$380,000
Quick, near-certain sale
Market Value
$395,000
Most probable sale price
Strategic List Price
$395,000
List here — priced to the market
Aspirational
$415,000
Tests the top of the comp support
The Subject Property

A TWILIGHT SUB Residential

A 1971 residential in UTICA’s TWILIGHT SUB — 1,708 sq ft above grade, 3 bedrooms, 2 baths.

Style
Residential
Subdivision
TWILIGHT SUB
Schools
UTICA COMMUNITY
Bedrooms
3
Bathrooms
2
Above-Grade Living Area
1,708 sqft
Finished Basement
Garage
—-car
Year Built
1971
Lot
Last Sale
No recent MLS sale on record
Updates
Not on public record
Market Conditions

Balanced Market

The subject’s segment (UTICA 48316, 1,366–2,049 sq ft) is absorbing inventory in 5.6 months, with a median 12-day market time, with homes closing at 100.2% of list. Median above-grade $/sqft moved from $212 to $229 quarter over quarter (median sale $392,000). This reads as a balanced market, which the pricing below reflects.

5.6
Months of Inventory
12 days
Median Days on Market
100%
Sale-to-List
+8%
$/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.

5558 Meadow Lane, Shelby Twp▤ 12 photos89/100
COMP 1 · SOLD 2026-02-20

5558 Meadow Lane, Shelby Twp

$380,000
3 bd · 3 ba · 1,690 sqft above grade (+0 bsmt) · 2-car · built 1971 · Twilight Sub
$225/sqft · suggests $371,800 · weight 21%
Same subdivision · view all 12 photos
5134 Saint Richard Drive, Utica▤ 12 photos88/100
COMP 2 · SOLD 2026-06-01

5134 Saint Richard Drive, Utica

$385,000
4 bd · 2 ba · 1,694 sqft above grade (+1389 bsmt) · 2-car · built 1971 · Twilight Sub
$227/sqft · suggests $386,400 · weight 20%
Same subdivision · view all 12 photos
5541 Meadow Lane, Shelby Twp▤ 12 photos87/100
COMP 3 · SOLD 2025-12-23

5541 Meadow Lane, Shelby Twp

$400,000
3 bd · 3 ba · 1,665 sqft above grade (+887 bsmt) · 2-car · built 1971 · Twilight Sub
$240/sqft · suggests $394,300 · weight 18%
Same subdivision · view all 12 photos
5350 Fieldcrest Drive, Shelby Twp▤ 12 photos87/100
COMP 4 · SOLD 2025-07-31

5350 Fieldcrest Drive, Shelby Twp

$353,900
3 bd · 2 ba · 1,739 sqft above grade (+1000 bsmt) · 2-car · built 1972 · Twilight Sub
$204/sqft · suggests $350,000 · weight 18%
Same subdivision · view all 12 photos
54829 Starlite Drive, Shelby Twp▤ 12 photos82/100
COMP 5 · SOLD 2025-07-24

54829 Starlite Drive, Shelby Twp

$340,000
3 bd · 2 ba · 1,589 sqft above grade (+100 bsmt) · 2-car · built 1969 · Twilight Sub 3
$214/sqft · suggests $353,500 · weight 12%
Same subdivision · view all 12 photos
54815 Franklin Drive, Shelby Twp▤ 12 photos80/100
COMP 6 · SOLD 2025-07-15

54815 Franklin Drive, Shelby Twp

$452,000
3 bd · 2 ba · 1,850 sqft above grade (+1200 bsmt) · 2-car · built 1967 · Twilight Sub 3
$244/sqft · suggests $441,000 · weight 10%
Same subdivision · view all 12 photos
Adjustments & Weighting

Appraiser-Style Reconciliation

Each comparable’s sold price is adjusted to your home — living area (marginal $100/sqft), finished basement ($30/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
5558 Meadow Lane $380,000 +$1,800 +$0 +$0 +$0 +$0 −$10,000 $371,800 21%
5134 Saint Richard Drive $385,000 +$1,400 +$0 +$0 +$0 +$0 +$0 $386,400 20%
5541 Meadow Lane $400,000 +$4,300 +$0 +$0 +$0 +$0 −$10,000 $394,300 18%
5350 Fieldcrest Drive $353,900 −$3,100 +$0 +$0 +$0 −$800 +$0 $350,000 18%
54829 Starlite Drive $340,000 +$11,900 +$0 +$0 +$0 +$1,600 +$0 $353,500 12%
54815 Franklin Drive $452,000 −$14,200 +$0 +$0 +$0 +$3,200 +$0 $441,000 10%

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.

5558 Meadow Lane (sold $380,000) adjusts to $371,800 and carries 21% weight. 5134 Saint Richard Drive (sold $385,000) adjusts to $386,400 and carries 20% weight. 6 comparable(s) inside TWILIGHT SUB anchor the value directly. Reconciled and weighted by similarity — not averaged — the evidence centers on $379,568; positioned for the balanced market, the opinion of value is $395,000.

Weighted indicated value $379,568 → opinion of value $395,000
Active Competition & Pending Sales

What Buyers Are Choosing From

On the market now (30)
$620,0007172 Venturi Drive2,000 sf · 38 days
$620,0007172 Venturi Drive2,000 sf · 39 days
$455,0005577 Harlowe Drive1,679 sf · 621 days
$425,00058106 Delmar1,858 sf · 154 days
Under contract (24)
$724,87754714 Camden Court2,033 sf · 45 days
$475,0007747 W Pearson2,000 sf · 4 days
$439,9006646 Yarborough Drive1,981 sf · 10 days
$431,03154160 Grand Boulevard1,746 sf · 0 days

Right now buyers in this size band are choosing from asks of $425,000–$620,000 and pending contracts cluster $431,031–$724,877 — measured against that, the opinion of value holds.

Confidence

65% Confidence

  • 32 qualified sales in the segment in six months — a deep comp pool.
  • 6 comparables inside the subject’s own subdivision bracket the value directly.
  • Strong pending support: 24 homes under contract in the segment.
  • Comp window widened to 12 months (held confidence back).
  • Subject specs come from public records, not a current MLS record.
  • Held below 100% because the subject’s current interior condition isn’t independently verified.
What Your Numbers Say

Where You Stand

  • 6 recent sale(s) inside TWILIGHT SUB anchor your value directly.
  • Homes like yours are selling in about 12 days.
  • Only 30 comparable homes are on the market — limited competition favors you.
  • $/sqft in your size range moved $212 → $229 quarter over quarter.
Key Assumptions & Risks to Value
Assumptions
  • Above-grade living area of 1,708 sq ft per public records.
  • 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 $380,000 conservative figure.
  • A rate move could shift the buyer pool this analysis is priced against.
  • Comp window was widened to 12 months (thin recent sales) — re-check pricing at listing time.
Logan · REALTEAM

Logan · REALTEAM
REALTEAM Real Estate
(586) 334-5057 · logan@mirealteam.com
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Prepared by Logan · REALTEAM, 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. Comparable photos are current MLS listing photos. This is a broker opinion of value for marketing purposes, not an appraisal. Equal Housing Opportunity.