CMA — 910 Hemlock 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
910 Hemlock Drive▤ View all 12 photos

910 Hemlock Drive

Rochester, MI 48307 1035 · Great Oaks Sub No 2 – Rochester · Rochester Community School District
Opinion of Market Value
$535,000 – $610,000
Most probable price ≈ $577,500 · 78% confidence · strong seller’s market
Pricing Strategy

Four Ways to Price It

A single number hides the strategy. In a market absorbing inventory in 2.6 months at 99.4% of list, here is the full ladder — priced so the home lists strong and never leaves money on the table.

Conservative
$535,000
Quick, near-certain sale
Market Value
$577,500
Most probable sale price
Strategic List Price
$589,900
List here — invites competition, still appraises
Aspirational
$610,000
Tests the top of the comp support
The Subject Property

A Great Oaks Sub No 2 – Rochester Colonial

A 1971 colonial in Rochester’s Great Oaks Sub No 2 – Rochester — 2,221 sq ft above grade plus a ~527 sq ft finished basement, 4 bedrooms, 3 baths, and a 2-car garage on a 0.25 acre lot. Beautiful 4 bedroom home located right in the Great Oaks Subdivision of Rochester! (per the MLS listing.)

Style
Colonial
Subdivision
Great Oaks Sub No 2 – Rochester
Schools
Rochester Community School District
Bedrooms
4
Bathrooms
3
Above-Grade Living Area
2,221 sqft
Finished Basement
~527 sqft
Garage
2-car
Year Built
1971
Lot
0.25 ac
Last Sale
Sold $350,000 · March 2018
Updates
Updated per MLS remarks
Photos · select any to view all 12
Market Conditions

Strong, Appreciating Seller’s Market

The subject’s segment (Rochester 48307 1035, 1,776–2,665 sq ft) is absorbing inventory in 2.6 months, with a median 11-day market time, with homes closing at 99.4% of list. Median above-grade $/sqft moved from $223 to $251 quarter over quarter (median sale $522,500). This reads as a strong seller’s market, which the pricing below reflects.

2.6
Months of Inventory
11 days
Median Days on Market
99%
Sale-to-List
+12%
$/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.

1433 Chestnut Lane, Rochester Hills▤ 12 photos87/100
COMP 1 · SOLD 2026-05-13

1433 Chestnut Lane, Rochester Hills

$539,000
4 bd · 3 ba · 2,128 sqft above grade (+1136 bsmt) · 2-car · built 1973 · Great Oaks Westno 1
$253/sqft · suggests $514,650 · weight 24%
Lower-end anchor · view all 12 photos
1132 Hemlock Drive, Rochester▤ 12 photos85/100
COMP 2 · SOLD 2026-06-18

1132 Hemlock Drive, Rochester

$515,000
4 bd · 3 ba · 2,468 sqft above grade (+700 bsmt) · 2-car · built 1972 · Great Oaksno 2 – Rochester
$209/sqft · suggests $481,010 · weight 20%
Same street, same subdivision — direct evidence · view all 12 photos
312 Terry Avenue, Rochester▤ 12 photos81/100
COMP 3 · SOLD 2026-07-08

312 Terry Avenue, Rochester

$775,000
3 bd · 4 ba · 2,301 sqft above grade (+992 bsmt) · 1-car · built 1972 · Avondale Park
$337/sqft · suggests $763,525 · weight 14%
0.82 mi away in Avondale Park · view all 12 photos
460 Streamview Court, Rochester Hills▤ 12 photos80/100
COMP 4 · SOLD 2026-06-16

460 Streamview Court, Rochester Hills

$575,000
3 bd · 3 ba · 2,240 sqft above grade (+1700 bsmt) · 2-car · built 1983 · Valley Stream
$257/sqft · suggests $525,950 · weight 13%
Near-identical size — a tight match · view all 12 photos
326 Shagbark Drive, Rochester Hills▤ 12 photos80/100
COMP 5 · SOLD 2026-04-15

326 Shagbark Drive, Rochester Hills

$546,000
4 bd · 3 ba · 2,344 sqft above grade (+750 bsmt) · 2-car · built 1965 · Tienken Manor Estates 8
$233/sqft · suggests $512,280 · weight 13%
Superior — bigger lot (adjusted down) · view all 12 photos
32 Shagbark Drive, Rochester Hills▤ 12 photos77/100
COMP 6 · SOLD 2026-02-13

32 Shagbark Drive, Rochester Hills

$410,900
3 bd · 2 ba · 2,192 sqft above grade (+2000 bsmt) · 2-car · built 1962 · Lochmoor Hills
$187/sqft · suggests $356,591 · weight 9%
Near-identical size — a tight match · view all 12 photos
1003 Hemlock Drive, Rochester▤ 12 photos74/100
COMP 7 · SOLD 2026-04-20

1003 Hemlock Drive, Rochester

$589,425
3 bd · 3 ba · 1,822 sqft above grade (+1500 bsmt) · 2-car · built 1970 · Great Oaksno 2 – Rochester
$324/sqft · suggests $586,265 · weight 6%
Same street, same subdivision — direct evidence · view all 12 photos
Adjustments & Weighting

Appraiser-Style Reconciliation

Each comparable’s sold price is adjusted to your home — living area (marginal $105/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
1433 Chestnut Lane $539,000 +$9,765 −$21,315 +$0 −$1,200 −$1,600 −$10,000 $514,650 24%
1132 Hemlock Drive $515,000 −$25,935 −$6,055 +$0 −$1,200 −$800 +$0 $481,010 20%
312 Terry Avenue $775,000 −$8,400 −$16,275 +$8,000 +$6,000 −$800 +$0 $763,525 14%
460 Streamview Court $575,000 −$1,995 −$41,055 +$0 +$3,600 −$9,600 +$0 $525,950 13%
326 Shagbark Drive $546,000 −$12,915 −$7,805 +$0 −$7,800 +$4,800 −$10,000 $512,280 13%
32 Shagbark Drive $410,900 +$3,045 −$51,555 +$0 −$2,999 +$7,200 −$10,000 $356,591 9%
1003 Hemlock Drive $589,425 +$41,895 −$34,055 +$0 −$1,800 +$800 −$10,000 $586,265 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.

1433 Chestnut Lane (sold $539,000) adjusts to $514,650 and carries 24% weight. 1132 Hemlock Drive (sold $515,000) adjusts to $481,010 and carries 20% weight. 2 comparable(s) inside Great Oaks Sub No 2 – Rochester anchor the value directly. Reconciled and weighted by similarity — not averaged — the evidence centers on $534,277; positioned for the strong seller’s market, the opinion of value is $577,500. One high sale ($763,525 indicated) was excluded from the range so a single premium sale can’t stretch it.

Weighted indicated value $534,277 → opinion of value $577,500
Active Competition & Pending Sales

What Buyers Are Choosing From

On the market now (27)
$1,085,000205 Pine Street2,651 sf · 74 days
$859,999181 Peregrine Street2,466 sf · 55 days
$849,000804 N Main Street # 3B1,848 sf · 33 days
$795,000154 Mulberry Lane1,835 sf · 45 days
Under contract (22)
$963,700332 Highland Avenue2,300 sf · 11 days
$850,0002554 Middleton Street2,129 sf · 4 days
$720,000640 W University Drive2,315 sf · 8 days
$675,000864 Great Oaks Boulevard2,546 sf · 23 days

Right now buyers in this size band are choosing from asks of $795,000–$1,085,000 and pending contracts cluster $675,000–$963,700 — measured against that, the opinion of value holds.

Confidence

78% Confidence

  • 62 qualified sales in the segment in six months — a deep comp pool.
  • 2 comparables inside the subject’s own subdivision bracket the value directly.
  • Strong pending support: 22 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

  • 2 recent sale(s) inside Great Oaks Sub No 2 – Rochester anchor your value directly.
  • Homes like yours are selling in about 11 days.
  • Only 27 comparable homes are on the market — limited competition favors you.
  • $/sqft in your size range moved $223 → $251 quarter over quarter.
  • The finished basement is a genuine differentiator buyers pay for.
Key Assumptions & Risks to Value
Assumptions
  • Above-grade living area of 2,221 sq ft per the MLS record; finished basement ~527 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 $535,000 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
Want the full picture?

Get Tommy’s complete strategy on your home

✓ Request received — Tommy will be in touch shortly.

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 (March 2018); comparable photos are current MLS listing photos. This is a broker opinion of value for marketing purposes, not an appraisal. Equal Housing Opportunity.