The estimated value of this property is $189,152, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $99,000 and $109,000. With 3 comparable homes on the market in REFLECTIONS OF WALNUT CREEK II, this price positions the property as the most expensive of 3 comparable homes on the market. The 342 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1996, this home is 11 years newer than the average comp, which is reflected in the adjustments. Buyers in REFLECTIONS OF WALNUT CREEK II have 3 comparable options right now, with asking prices between $100,000 and $120,000. Recent trends in 78758 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 11901 Swearingen DR # I, Austin TX 78758, with an adjusted value of $186,973; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group