The market data from 6 similar recent sales in GREEN ACRES points to a value of approximately $1,400,696. To sell within a reasonable timeframe at fair market value, the $1,643,000 to $1,716,000 range is where I'd position this. With 3 comparable homes on the market in GREEN ACRES, this price positions the property as the most affordable of 3 comparable homes on the market. The 182 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 3 similar properties are competing for buyers in GREEN ACRES, listed between $1,865,000 and $1,999,990. In GREEN ACRES, home values have risen approximately 95.5% over the past 6 months. One of the strongest data points is 7103 Daugherty ST, Austin TX 78757, adjusting to $1,182,712; with a pool. The 6 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