Reviewing the most recent comparable transactions, this home's market value falls around $294,356. For a well positioned listing in SCOFIELD VILLAS, I'd target the $275,000 to $286,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SCOFIELD VILLAS. This home's larger footprint (200 sqft vs the comp average) plays a role in how the market prices it. The 2011 construction puts this home 9 years newer than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in SCOFIELD VILLAS, listed between $259,900 and $299,000. Recent trends in SCOFIELD VILLAS show home values have risen 6% since 6 months ago. The most comparable recent sale is 1310 W Parmer LN # 9B, Austin TX 78727, with an adjusted value of $267,228; a strong comparable. 7 comparable transactions in SCOFIELD VILLAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group