The market data from 5 similar recent sales in APACHE SHORES points to a value of approximately $581,413. To sell within a reasonable timeframe at fair market value, the $488,000 to $498,000 range is where I'd position this. With 7 comparable homes on the market in APACHE SHORES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Buyers in APACHE SHORES have 7 comparable options right now, with asking prices between $449,900 and $1,196,000. In APACHE SHORES, home values have fallen approximately 11.6% over the past 6 months. One of the strongest data points is 2400 White Dove PASS, Austin TX 78734, adjusting to $633,200; a strong comparable. The 5 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
