Listing Price Estimate Confidential
Prepared for the owner of

6498 Sherburn Road

Peachland, British Columbia  ·  V0H 1X7
Suggested List Price
$1,149,000$1,179,000

A same-street comparable sold at $1,179,000 earlier this year — same year built, same style, same view profile. The opportunity is to price tight, attract real buyers fast, and let the data carry the conversation.

Prepared by Braden Koop
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Market Context

The Peachland market right now

Five comparable single-family homes sold within Peachland's same micro-area in the past six months. Together they tell a clear story about pricing discipline, days on market, and what serious buyers are willing to pay.

$0
Average Sale Price
Across 5 comparable Peachland sales — May to August 2025
0
Average Days on Market
Well-priced listings moved quickly — most sold inside five weeks
0%
Sale-to-Original-List Ratio
Buyers in this segment are negotiating roughly 3.5% off list
Source · MLS sold data, Peachland Central Okanagan, Apr–Aug 2025  ·  Comparable single-family detached, 2,800–4,200 sqft
The Subject Property

Your home, on paper

A custom-designed single-storey home on a 0.264-acre cul-de-sac lot, with a fully finished walkout basement and panoramic lake-and-valley views from Penticton to Kelowna.

Bedrooms
3
Bathrooms
3
Total Finished
2,772 sqft
Year Built
2005
Lot Size
0.264 ac
Garage
Double
Style
Rancher w/ walkout
View
Lake · Valley
Comparable Sales

How we arrived at the number

Five sold comparables, ordered by relevance to your home. The single most important comp sits a few doors down on your own street.

Suggested List Price
Your Property

6498 Sherburn Rd

Peachland · Subject
$1,149K–$1,179K
Total SqFt
2,772
Implied $/SqFt
$415–$425
Beds / Baths
3 / 3
Year Built
2005
Assessed
$1,157K
Lot Size
0.264 ac
Anchored to the same-street comp at 6490 Sherburn and your BC Assessment. Recommendation lands within $30,000 of the only directly comparable street sale this year.
Sold · Jun 2025
Same-Street Comp

6490 Sherburn Rd

Peachland · A few doors down
$1,179,000
List $1,199,000
Total SqFt
3,235
$/SqFt
$364
Beds / Baths
4 / 3
Year Built
2005
Days on Market
35
Sale / Assessed
99.5%
Same street, same year built, same rancher-with-walkout style — the cleanest comparable available. Larger home (3,235 vs 2,772 sqft), which sets a realistic ceiling for your pricing conversation.
Sold · Jul 2025
Sold Under Asking · Larger Home

6469 Bulyea Ave

Peachland · Same block
$1,300,000
List $1,373,000
Total SqFt
4,121
$/SqFt
$315
Beds / Baths
5 / 3
Year Built
2004
Days on Market
26
Sale / Assessed
94.7%
Substantially larger home with pool — sold quickly but for $73,000 under list. Confirms buyer ceiling resistance even on premium properties in this micro-area.
Sold · May 2025
Top of Range

6127 Seymoure Lane

Peachland · Premium hillside
$1,435,000
List $1,495,000
Total SqFt
3,453
$/SqFt
$416
Beds / Baths
4 / 3
Year Built
2007
Days on Market
48
Sale / Assessed
114.9%
Highest $/sqft in the comp set. Custom-built one-owner home with sweeping 180-degree views — top of the market for this micro-area when the home commands a premium narrative.
Sold · Jun 2025
Newer Build · Trade Reference

5884 MacGregor Rd

Peachland · Larger lot
$1,220,000
List $1,260,500
Total SqFt
3,629
$/SqFt
$336
Beds / Baths
4 / 4
Year Built
2014
Days on Market
34
Sale / Assessed
108.6%
Newer Rykon-built home on a 0.52-acre lot. Demonstrates the price-per-sqft compression that happens once square footage exceeds the 3,500 mark.
Sold · Aug 2025
Floor Comp · Smaller Home

5202 Sutherland Rd

Peachland · Smaller scale
$995,000
List $1,050,000
Total SqFt
2,849
$/SqFt
$349
Beds / Baths
4 / 3
Year Built
2001
Days on Market
23
Sale / Assessed
91.5%
Closest match to your home in total finished area (2,849 vs 2,772 sqft). Older year built and different street profile, but useful as the market floor for similarly sized homes.
$/sqft figures based on total finished area including basement, per MLS data.
Days on Market

What the data actually shows

Every well-priced Peachland comp sold inside 50 days. Every one took a discount off original list — but the closer the original price was to fair value, the smaller the haircut.

Address DOM Original List Sale Price Sale / Original Discount
5202 Sutherland Rd 23 $1,050,000 $995,000 94.8% −$55,000
6469 Bulyea Ave 26 $1,373,000 $1,300,000 94.7% −$73,000
5884 MacGregor Rd 34 $1,260,500 $1,220,000 96.8% −$40,500
6490 Sherburn Rd 35 $1,199,000 $1,179,000 98.3% −$20,000
6127 Seymoure Lane 48 $1,495,000 $1,435,000 96.0% −$60,000
The pattern is clean: your same-street comp at 6490 Sherburn took the smallest discount (1.7%) and sold in 35 days. The closer the launch price sits to fair value, the smaller the eventual concession — and the faster the home moves.
Pricing Strategy

Three doors, three outcomes

Every list price tells the market a story. Here's what each price point signals — and what it costs.

Conservative
$1,099,000
Aggressive
$1,225,000
Conservative · $1,099,000
Generate Urgency

Priced beneath the closest comparable to provoke immediate buyer attention and the possibility of competing offers. Trades top-end potential for speed and certainty. Best when a quick sale matters more than the last $30K.

Aggressive · $1,225,000
Test the Ceiling

Pushes past the closest comparable to test whether your view profile and finishings command a premium. Risk: longer days on market, the need for visible price drops, and signalling weakness to the buyers who should be your bidders.

Why Pricing Right Matters

The cost of getting it wrong

Every listing has one peak window of buyer attention. The math doesn't care whether the price is right — it only rewards listings that capture the full wave on day one.

Buyer Eyeballs on Your Listing Over Time

90% of buyers see your listing in the first two weeks

After that, attention falls off whether the price was right or not. Pricing tight to fair value on day one captures the wave. Pricing high makes the wave pass you by.

100% 75% 50% 25% 0% % OF BUYER VIEWS 90% WEEK 1–2 90% of buyers 75% WEEK 3–4 55% MONTH 2 35% MONTH 3 20% MONTH 4+
Buyer eyeball decay curve · industry benchmark for residential listings, used as a directional model.

We've done the research upfront — comparable sales, assessed values, market conditions — to arrive at a list price that captures the full wave of initial buyer activity. A correctly priced listing leaves no money on the table from day one.

The moment we hit the market, we shift to completely different markers to track pricing. The data that drives decisions post-launch is how the market is actually responding to your home — in real time.

Online Impressions
Total reach across MLS, Realtor.ca, and our marketing channels.
Showing Requests
Volume and pace of in-person and virtual showing bookings.
Listing Page Traffic
Engagement on your dedicated listing page — scroll depth, time on page.
Buyer & Agent Inquiries
Direct questions from prospective buyers and the agents bringing them.
Comparable Activity
New listings, price reductions, and sold updates that shift the comp set.
DOM Velocity
How quickly the market is engaging — the leading indicator of pricing fit.

This real-time feedback loop means we're never guessing. If the market tells us to adjust, we adjust quickly — before the window of peak buyer attention closes.

Next Steps

Ready when you are.

The next move is a 20-minute walkthrough so we can confirm the interior condition, talk through pricing strategy, and lock in a launch plan that reflects your timeline.

Braden Koop

Braden Koop

Personal Real Estate Corporation
#4 Individual Agent at RE/MAX Kelowna
RE/MAX Canada Top 30 Under 30 · #17 Nationally
Koop Homes Group · RE/MAX Kelowna
Call Braden · 250-801-8725