Based on 7 closed sales in VILLAGE WESTERN OAKS, the data points to a value around $676,866 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $718,000 to $768,000. This home's position in the current VILLAGE WESTERN OAKS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 184 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1990 (6 years older than comps) is factored into the value estimate. The active market in VILLAGE WESTERN OAKS includes 7 comparable homes priced from $599,995 to $899,000. Market data shows VILLAGE WESTERN OAKS prices risen 4.9% over the last half year. The closest comparable sale, 6054 Abilene TRL, Austin TX 78749 at an adjusted $641,230, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in VILLAGE WESTERN OAKS. 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