The market data from 7 similar recent sales in FORT VIEW HILLS points to a value of approximately $412,806. To sell within a reasonable timeframe at fair market value, the $300,000 to $310,000 range is where I'd position this. Among the similar homes currently available in FORT VIEW HILLS, this price point stands out as competitive. The 1986 construction puts this home 22 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in FORT VIEW HILLS; a buyer's market based on recent absorption. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 2905 Rogge LN, Austin TX 78723, adjusting to $316,873; a strong comparable. 7 comparable transactions in FORT VIEW HILLS 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