The market data from 7 similar recent sales in MAJESTIC HILLS RANCHETTES points to a value of approximately $1,006,567. To sell within a reasonable timeframe at fair market value, the $986,000 to $1,027,000 range is where I'd position this. In the current MAJESTIC HILLS RANCHETTES market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 1.47 acres, the lot is larger than the 1.01 acre comp average, which factors into pricing. The active market in MAJESTIC HILLS RANCHETTES includes 7 comparable homes priced from $799,000 to $1,175,000. One of the strongest data points is 3400 Serene Hills CT, Austin TX 78738, adjusting to $937,265; with a pool. 7 comparable transactions in MAJESTIC HILLS RANCHETTES 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