Taking into account 5 nearby comparable sales, this property's estimated value comes to $958,197. If we were to list this property today, I'd recommend a list price in the $1,071,000 to $1,081,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in HILLS LAKEWAY's current inventory. Being 253 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 7 similar properties are competing for buyers in HILLS LAKEWAY, listed between $897,000 and $1,195,000. The 6 month price trend in HILLS LAKEWAY: fallen 8.5%. The best comp here is 7 Parkside RD, The Hills TX 78738 at an adjusted value of $930,036, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in HILLS LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group