Reviewing the most recent comparable transactions, this home's market value falls around $1,128,568. For a well positioned listing in FLINTROCK HURST CREEK, I'd target the $896,000 to $906,000 range. In the current FLINTROCK HURST CREEK market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 0.31 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FLINTROCK HURST CREEK; a buyer's market based on recent absorption. Recent trends in FLINTROCK HURST CREEK show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 213 Black Wolf RUN, Austin TX 78738, with an adjusted value of $1,339,511; 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
