The market data from 7 similar recent sales in SADDLEWOOD ESTATES points to a value of approximately $389,906. To sell within a reasonable timeframe at fair market value, the $277,000 to $287,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SADDLEWOOD ESTATES. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in SADDLEWOOD ESTATES, listed between $279,900 and $440,000. In 78748, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 1400 Geoffs DR, Austin TX 78748, adjusting to $354,902; a strong comparable. 7 comparable transactions in SADDLEWOOD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group