My analysis of 7 comparable properties puts this home's estimated value at $877,284. Based on how the local market is moving, a list price between $974,000 and $1,113,000 would position this home well. This home's position in the current SIERRA VISTA market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (1,133 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 5 of the 7 comps lacked one. There are currently 7 similar homes on the market in SIERRA VISTA, ranging from $825,000 to $1,399,000. The 6 month price trend in SIERRA VISTA: risen 2.7%. The best comp here is 10601 Sans Souci PL, Austin TX 78759 at an adjusted value of $1,120,586, with a smaller floor plan. The comp data here (7 sales in SIERRA VISTA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus