Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $476,006. To generate strong buyer interest while maximizing value, I'd price this between $484,000 and $506,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in CARDINAL HILLS. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in CARDINAL HILLS; a buyer's market based on recent absorption. The trend in CARDINAL HILLS shows prices have risen 31.3% in the past 6 months. 204 S Meadowlark ST, Lakeway TX 78734 nearby adjusts to $474,317; a strong comparable. 5 comparable transactions in CARDINAL HILLS 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