My analysis of 3 comparable properties puts this home's estimated value at $2,248,207. Based on how the local market is moving, a list price between $1,209,000 and $1,219,000 would position this home well. Buyers shopping in HANCOCK LEWIS right now would see this as a well positioned option among 4 comparable homes. At 5 years newer than typical comps, the 2023 build date influences the valuation. Right now, 4 similar properties are competing for buyers in HANCOCK LEWIS, listed between $1,229,000 and $1,990,000. The 6 month price trend in 78756: fallen 9.2%. The best comp here is 4103 Ridgelea DR, Austin TX 78731 at an adjusted value of $2,147,381, with a smaller floor plan and a pool. With 3 comparable sales in HANCOCK LEWIS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
