7 recent sales in the surrounding area of this address suggest a current value of $1,055,795. My recommended list price range for this property would be $849,000 to $859,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in MAJESTIC HILLS RANCHETTES. The 257 sqft size difference versus comparable sales is reflected in the adjusted values. The 2.87 acre lot (larger than the 0.39 acre average) is reflected in the estimate. Buyers in MAJESTIC HILLS RANCHETTES have 7 comparable options right now, with asking prices between $795,000 and $2,400,000. In 78738, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 921 Vanguard ST, Lakeway TX 78734, adjusting to $775,425; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group