Based on 3 closed sales in CRESTVIEW, the data points to a value around $962,029 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $633,000 to $643,000. Relative to what's currently available in CRESTVIEW, this home would be the 2nd most expensive of 7 comparable homes on the market. At 186 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in CRESTVIEW, listed between $675,000 and $1,095,000. Market data shows CRESTVIEW prices risen 29.7% over the last half year. The closest comparable sale, 1104 Justin LN # A, Austin TX 78757 at an adjusted $740,642, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in CRESTVIEW. 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