The market data from 7 similar recent sales in VILLAGE QUAIL CREEK points to a value of approximately $508,741. To sell within a reasonable timeframe at fair market value, the $384,000 to $394,000 range is where I'd position this. With 7 comparable homes on the market in VILLAGE QUAIL CREEK, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 219 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in VILLAGE QUAIL CREEK have 7 comparable options right now, with asking prices between $350,000 and $630,000. In 78758, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 10712 Berthound DR, Austin TX 78758, adjusting to $568,908; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group