Reviewing the most recent comparable transactions, this home's market value falls around $627,401. For a well positioned listing in HOLTON W, I'd target the $609,000 to $646,000 range. With 1 comparable homes on the market in HOLTON W, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (883 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1969 construction puts this home 37 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in HOLTON W (a balanced market), competition is a factor to consider. Recent trends in 78737 show home values have risen 3.9% since 6 months ago. The most comparable recent sale is 7416 Brecourt Manor WAY, Austin TX 78739, with an adjusted value of $597,951; with a larger 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