Taking into account 3 nearby comparable sales, this property's estimated value comes to $779,912. If we were to list this property today, I'd recommend a list price in the $957,000 to $975,000 range. Relative to what's currently available in HILLS LAKEWAY, this home would be the 2nd most expensive of 3 comparable homes on the market. At 114 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1982 (7 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in HILLS LAKEWAY (a buyer's market), competition is a factor to consider. The 6 month price trend in HILLS LAKEWAY: fallen 8.5%. The best comp here is 5 Valhalla CT, The Hills TX 78738 at an adjusted value of $742,390, with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in HILLS LAKEWAY. 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