After reviewing 7 recent transactions in REFLECTIONS WALNUT CREEK CONDO, I estimate this property's value at $216,983. A competitive list price for this home right now would fall in the $213,000 to $221,000 range. Relative to what's currently available in REFLECTIONS WALNUT CREEK CONDO, this home would be the 3rd least expensive of 6 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. With 6 similar homes currently listed in REFLECTIONS WALNUT CREEK CONDO (a buyer's market), competition is a factor to consider. Prices in 78758 have fallen 7.5% over the last 6 months. A similar home at 11821 Bittern HOLW # 16, Austin TX 78758 carries an adjusted comparable value of $209,300, providing a strong data point. With 7 comparable sales in REFLECTIONS WALNUT CREEK CONDO, 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
