Unveiling the Current Market Value: 4796 W 113th Ave, Westminster, CO
A comprehensive analysis of property estimates, historical data, and market trends as of May 22, 2025.
Understanding the market value of a property involves analyzing various data points, from automated valuation models to historical sales and local market conditions. This report synthesizes available information for the single-family home located at 4796 W 113th Ave, Westminster, CO 80031, providing a detailed look at its current estimated worth.
Key Valuation Highlights
- Estimated Value Range: As of May 2025, the property's estimated market value largely falls between $697,000 and $735,000 across various real estate platforms.
- Property Characteristics: This is a 4-bedroom, 3-bathroom single-family home, built in 1995, with a living area reported between 2,381 and 2,715 square feet on an approximately 0.2-acre lot.
- Significant Appreciation: The property last sold in June 2002 for $344,850, indicating substantial appreciation over the past two decades.
Detailed Property Overview
Core Specifications of the Residence
The property at 4796 W 113th Ave, Westminster, CO 80031, is a single-family home constructed in 1995. It offers a comfortable living space suitable for families, reflecting architectural styles typical of its era in the region.
- Type: Single-Family Residence
- Year Built: 1995
- Bedrooms: 4
- Bathrooms: 3
- Square Footage: Reported figures vary, generally between 2,381 sq ft and 2,715 sq ft of living area.
- Lot Size: Approximately 8,588 to 8,712 square feet (around 0.2 acres).
- Garage: Attached garage, approximately 601 square feet.
- Location: Situated in a residential neighborhood in Westminster, a suburb of Denver, known for its community amenities and accessibility.
The discrepancy in square footage reported by different sources is common and can be due to variations in measurement methods (e.g., including or excluding finished basement areas or other non-primary living spaces).
A neighboring property at 4793 W 113th Ave, Westminster, CO, illustrative of homes in the immediate vicinity.
Current Market Value Estimates (May 2025)
A Synthesis of Leading Real Estate Platform Valuations
The estimated market value for 4796 W 113th Ave varies slightly across different online real estate platforms, each utilizing proprietary algorithms based on recent sales, market trends, and property details. As of late May 2025, these estimates provide a strong indication of the property's current standing in the market.
Platform-Specific Estimates:
- Zillow (Zestimate): $733,800. This figure reflects a minor decrease of $4,967 in the last 30 days. Zillow's estimated sales range is between $685,000 and $721,400.
- Redfin Estimate: $712,326.
- Realtor.com: $708,000. This is based on tax assessments and comparable sales.
- Homes.com: Estimates range from $733,148 (approx. $170/sq ft) to $735,692 (approx. $308/sq ft) depending on the specific listing data used.
- Xome: $697,237, with a potential range from $632,338 to $744,851.
Considering these figures, the consensus market value for the property hovers primarily in the $700,000 to $735,000 range. An average of these primary estimates is approximately $717,000. These slight variations are typical, as automated valuation models (AVMs) use different datasets and weight factors differently.
Valuation Comparison Radar Chart
The radar chart below visually compares the market value estimates from prominent real estate platforms. This provides a quick overview of how different sources perceive the property's value. The "Average Market Estimate" is calculated from the individual platform estimates shown. Values are in USD.
The chart illustrates a relatively tight clustering of estimates, indicating a general consensus, though with Xome providing the lowest figure and Zillow/Homes.com providing the highest.
Historical Sales Data
A Look Back at the Property's Transaction History
Understanding a property's sales history provides crucial context for its current valuation and appreciation trajectory.
- Last Sale Date: June 10, 2002
- Last Sale Price: $344,850
This sale occurred when the home was approximately seven years old. Comparing this to the current average estimate of around $717,000, the property has seen an appreciation of over 100% (approximately $372,150) in just over two decades. This growth reflects broader trends in the Denver metropolitan area real estate market, including inflation, population growth, and increased demand for housing in suburban communities like Westminster.
Market Context and Rental Estimates
Westminster Real Estate Landscape
The property is situated in the 80031 ZIP code of Westminster. This area has experienced consistent real estate activity. Median listing prices for homes in Westminster can vary, with some sources citing around $525,000, but properties of this size, condition, and specific location command higher values. Comparable homes (3-4 bedrooms, similar square footage) in the immediate neighborhood have recently sold in ranges that support the estimates provided for 4796 W 113th Ave, typically between $600,000 and $850,000 depending on specific features and updates.
Rental Potential
Zillow also provides a "Rent Zestimate" for this property, which is estimated at $3,683 per month. This suggests a strong rental market, potentially appealing to investors or homeowners considering leasing options. This rental value is consistent with a property of this size and location in the current market.
REMAX Alliance Video Update recapping market activity within Westminster, CO, during the month of May, 2025. This provides broader market context.
Summary of Valuation Estimates
Comparative Table of Market Values
The following table provides a clear, side-by-side comparison of the estimated market values for 4796 W 113th Ave, Westminster, CO 80031, from various real estate information providers as of May 2025.
| Source | Estimated Market Value (USD) | Notes |
|---|---|---|
| Zillow (Zestimate) | $733,800 | Slight decrease in past 30 days. Sales range: $685,000 - $721,400. |
| Redfin Estimate | $712,326 | Based on comparable sales and property data. |
| Realtor.com | $708,000 | Based on tax assessments and comparable sales. |
| Homes.com | $733,148 - $735,692 | Range based on different data points; approx. $170-$308/sq ft. |
| Xome | $697,237 | Range estimate: $632,338 - $744,851. |
These estimates, while algorithmically generated, provide a solid baseline for understanding the property's current market position.
Factors Influencing Property Value
Mindmap of Key Valuation Drivers
The value of any property is influenced by a multitude of factors. The mindmap below outlines the primary elements that contribute to the market valuation of 4796 W 113th Ave. This includes its physical characteristics, location, recent sales of comparable properties, and broader economic and market conditions.
This mindmap illustrates the interconnectedness of various elements in determining a property's market value. From the intrinsic features of the house itself to the dynamic forces of the local and national economy, each plays a role.
Frequently Asked Questions (FAQ)
What is the primary basis for the market value estimates provided?
Why do different real estate platforms show different values for the same property?
How accurate are these online estimates?
What does "significant appreciation" mean in the context of this property?
Is the property currently for sale?
Conclusion
The market value of the single-family home at 4796 W 113th Ave, Westminster, CO 80031, is estimated to be in the range of $697,000 to $735,000 as of May 22, 2025. This valuation is supported by a consensus among major real estate platforms, considering its characteristics, significant historical appreciation since its last sale in 2002 for $344,850, and prevailing local market conditions. While online estimates offer a valuable snapshot, a formal appraisal by a qualified professional would be necessary for a definitive valuation, especially for transactional purposes.
Recommended Further Exploration
- What are recent sale prices for comparable homes in the Westminster, CO 80031 area?
- What are the current real estate market trends affecting property values in Westminster, Colorado?
- How do specific property features, such as square footage and lot size, influence home values in Westminster, CO?
- What is the process for obtaining a professional property appraisal in Colorado for a more precise valuation?
References
Last updated May 22, 2025