The market data from 7 similar recent sales in FLINTROCK HURST CREEK points to a value of approximately $930,012. To sell within a reasonable timeframe at fair market value, the $896,000 to $1,068,000 range is where I'd position this. 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 FLINTROCK HURST CREEK. The 2016 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in FLINTROCK HURST CREEK; a balanced market based on recent absorption. In FLINTROCK HURST CREEK, home values have risen approximately 76.3% over the past 6 months. One of the strongest data points is 114 Reflection Bay CT, Austin TX 78738, adjusting to $761,109; with a smaller floor plan. The 7 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
