The market data from 7 similar recent sales in VILLAGE WESTERN OAKS points to a value of approximately $712,319. To sell within a reasonable timeframe at fair market value, the $618,000 to $628,000 range is where I'd position this. With 5 comparable homes on the market in VILLAGE WESTERN OAKS, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 114 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. 5 similar homes are currently available in VILLAGE WESTERN OAKS, creating a seller's market for this price range. In VILLAGE WESTERN OAKS, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 9109 Wampton WAY, Austin TX 78749, adjusting to $719,336; a strong comparable. 7 comparable transactions in VILLAGE WESTERN OAKS 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