Reviewing the most recent comparable transactions, this home's market value falls around $467,127. For a well positioned listing in SCOFIELD FARMS, I'd target the $386,000 to $396,000 range. In the current SCOFIELD FARMS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in SCOFIELD FARMS (a buyer's market), competition is a factor to consider. Recent trends in SCOFIELD FARMS show home values have risen 7% since 6 months ago. The most comparable recent sale is 13126 Troops TRL, Austin TX 78727, with an adjusted value of $437,240; a strong comparable. 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