Reviewing the most recent comparable transactions, this home's market value falls around $946,298. For a well positioned listing in 78738, I'd target the $651,000 to $661,000 range. Against 2 similar active listings in 78738, this price point lands at the 0th most expensive of 2 comparable homes on the market. At 0.29 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. The active market in 78738 includes 2 comparable homes priced from $689,900 to $699,000. Recent trends in 78738 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 77 The Hills DR, The Hills TX 78738, with an adjusted value of $1,260,818; with a larger floor plan. 7 comparable transactions in 78738 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
