Based on 5 closed sales in CHAPARRAL CROSSING CONDO, the data points to a value around $210,581 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $204,000 to $217,000. This home's position in the current CHAPARRAL CROSSING CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. Buyers in CHAPARRAL CROSSING CONDO have 3 comparable options right now, with asking prices between $210,000 and $237,000. Market data shows CHAPARRAL CROSSING CONDO prices fallen 4.2% over the last half year. The closest comparable sale, 4508 Felicity LN # 20, Austin TX 78725 at an adjusted $230,170, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in CHAPARRAL CROSSING CONDO. 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