The market data from 4 similar recent sales in FLINTROCK HURST CREEK points to a value of approximately $813,668. To sell within a reasonable timeframe at fair market value, the $789,000 to $838,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in FLINTROCK HURST CREEK. At 0.32 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in FLINTROCK HURST CREEK; a balanced market based on recent absorption. In FLINTROCK HURST CREEK, home values have risen approximately 75% over the past 6 months. One of the strongest data points is 101 Desert Forest CT, Austin TX 78738, adjusting to $800,407; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group