Based on 6 closed sales in SPEYSIDE, the data points to a value around $270,516 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $309,000 to $311,000. This would position the home competitively among 5 active listings in SPEYSIDE. At 146 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2002 (6 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in SPEYSIDE; a balanced market based on recent absorption. Market data shows SPEYSIDE prices risen 16.5% over the last half year. The closest comparable sale, 6012 Speyside DR, Austin TX 78754 at an adjusted $281,778, is with a larger floor plan. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus