Reviewing the most recent comparable transactions, this home's market value falls around $1,113,075. For a well positioned listing in FLINTROCK HURST CREEK, I'd target the $802,000 to $812,000 range. In the current FLINTROCK HURST CREEK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 2011 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in FLINTROCK HURST CREEK; a balanced market based on recent absorption. Recent trends in FLINTROCK HURST CREEK show home values have risen 75% since 6 months ago. The most comparable recent sale is 213 Black Wolf RUN, Austin TX 78738, with an adjusted value of $1,339,437; 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
