Kasserman Family,
Thank you for the opportunity to present our company and proposal for your property. We pride ourselves in offering exceptional service, market knowledge, and the latest in marketing. Our experienced, knowledgeable REALTOR®’s, Auctioneers and Staff, sell 500+ properties a year via auction method, and 600+ in private treaty sales. In 2019, our total real estate transactions totaled over 160 million. We have offices in Sugarcreek, Millersburg, New Philadelphia, Kidron and Cambridge, OH along with Bridgeport, WV. We have top producing sales agents year after year.
In this proposal, we will outline the basic elements of the auction process that we’re recommending, but welcome the chance to discuss in more detail your needs, wants and concerns, as well as our plan with you soon.
At your service,
Patrick Kaufman,
Partner, Auctioneer / Realtor
Property Overview
Located entirely within Paint Township of Holmes County, the Kasserman estate boasts over 156 sprawling acres in the heart of Amish country. Perfectly situated between Winesburg and Mt. Eaton, the subject farm, featuring a historically registered 200+ year old home, is a gem of a property. One that will undoubtedly attract a wider swath of buyer when coupled with a tailored marketing approach as unique as the premises.
Excellent accessibility with over 2,900’ of road frontage on 2 roads is just one of the many perks. Built in 1816, the home affords over 2,720 sq. ft. of remodeled living space in pristine condition. A two bedroom guest house, bank barn, 32’x 24’ shop and detached garage are all in great condition and overlook the stunning turquoise pond; A truly defining feature.
Comparables
These past sales highlight the potential of a property when parceling acreage into small and large tracts. Also of note is the fact that the vast majority of listed auctions took place near strong Amish communities. Due to the proximity, and the appeal, you can expect a strong turnout from said contingent on auction day.
Highlights Include:
Quantity: 10 Similar Recent Sales
Variety: Ranging from 10 to 247 Acre Properties
Range: Within 10 Miles of Subject Property
Intact mineral rights would be included in the sale. While they currently offer little to no value in the area, their inclusion will boost a potential buyer’s confidence level, thus more aggressive bidding.
Boundary & Splits
Dividing the property into smaller parcels has been proven to yield the highest results when utilizing the auction method. Consequently, serious buyers are brought to the forefront. Also, the auction method allows the client to sell only to the most qualified of buyers by virtue of a 10% non-refundable down-payment due on auction day.
Highlights Include:
Quantity: Up to 11 Parcels in Total
Variety: Ranging from 5 to 67 Acre Plots
Appeal: Residential, Commercial, Agricultural & More
Several options exist concerning parcels, allowing for up to 11 separate plots, as detailed on the Potential Splits page of the printed proposal. A title search of the property, prior to doing a final layout, will ensure there are no stipulations preventing division of the land. Over 23 acres of flood zone, located on the road’s west side, require careful planning to account for.
Boundary & Splits
Dividing the property into smaller parcels has been proven to yield the highest results when utilizing the auction method. Consequently, serious buyers are brought to the forefront. Also, the auction method allows the client to sell only to the most qualified of buyers by virtue of a 10% non-refundable down-payment due on auction day.
Highlights Include:
Quantity: Up to 11 Parcels in Total
Variety: Ranging from 5 to 67 Acre Plots
Appeal: Residential, Commercial, Agricultural & More
Several options exist concerning parcels, allowing for up to 11 separate plots, as detailed on the Potential Splits page of the printed proposal. A title search of the property, prior to doing a final layout, will ensure there are no stipulations preventing division of the land. Over 23 acres of flood zone, located on the road’s west side, require careful planning to account for.
Broker’s Opinion
Estimated Per Acre Price Range: $10,000 – $30,000
Estimated Auction Sum (Whole): $2,000,000
Estimated Auction Sum (Parcels): $2,851,300
The 5-5.83 acre parcels should bring $30,000 per acre.. The 12.275 and 15 acre parcels will bring between $20,000-25,000 per acre. The 67 acre parcel should bring between $10,000 -15,000 per acre. This parcel could be broken up into 35 and 32 acre parcels to bring a higher price, but I just don’t like the look of them.
On the west side of the road I have the 19.064 acre parcel valued at $10,000 per acre due to the flood zone issues. The 5.522 acre parcel should bring $15,000 – $20,000 per acre. It is technically not in the flood zone but it does sit low. The 17.79 acre parcel would be accessed from CR 186 and is mostly flood zone. I would value it at $5,000 per acre. The house parcel on 4.232 acres should bring $300,000-350,000. We may be able to combine the 17, 4.232 and 5.522 acre parcels and expect a similar outcome in price without having to split them.
My opinion of value is $2,851,300. If we were to sell the farm lump sum, without offering parcel options, I believe it would be closer to $2,000,000, due to the lack of people that could afford it.
Photo & Video
Our nationally recognized, in-house marketing department specializes in real estate specific media creation, setting your property apart from the competition. As such, custom designed marketing materials featuring studio-worthy stills and cutting-edge drone footage will showcase your property in a manner second to none. Therefore, more attentive buyers and higher returns.
List With Kaufman
From the Founder
Our values are commitment and innovation with integrity. Our vision is to lead the industry with professional and proven results. Our mission is to provide exceptional service in today’s market, while remaining grounded in tradition. These are the core values upon which I founded this company. If these principles are important to you, I trust you’ll choose our firm for all of your real estate and auction needs. We are “the heart of the market.”
– Dave Kaufman, Founder
From the Managers
We are consistently focused on maintaining the core beliefs and principles on which this company was founded, while moving forward with fresh ideas and a progressive attitude in an ever changing market. We will make ourselves available to you every step of the way to make this transition in your life as seamless as possible. Please don’t hesitate to contact us with any questions. We welcome the opportunity to serve you!
– Patrick Kaufman, Partner
Phone: (330) 204-6512 | Email: patrick@kaufmanrealty.com | Address: 1047 W Main St. Sugarcreek, OH 44681
(330) 204-6512 | patrick@kaufmanrealty.com
1047 W Main St. Sugarcreek, OH 44681