The market data from 7 similar recent sales in HILLS LAKEWAY points to a value of approximately $1,839,632. To sell within a reasonable timeframe at fair market value, the $1,490,000 to $1,500,000 range is where I'd position this. In the current HILLS LAKEWAY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 451 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Buyers in HILLS LAKEWAY have 7 comparable options right now, with asking prices between $1,345,000 and $4,349,000. In HILLS LAKEWAY, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 4 Glenway CT, The Hills TX 78738, adjusting to $1,448,948; with a smaller floor plan. 7 comparable transactions in HILLS LAKEWAY 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