Based on 3 closed sales in SHADOWRIDGE CROSSING, the data points to a value around $551,886 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $580,000 to $621,000. This home's position in the current SHADOWRIDGE CROSSING market: the most affordable of 3 comparable homes on the market among comparable properties. Being built in 1998 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.12 acres versus 0.15 for the typical comp. There are currently 3 similar homes on the market in SHADOWRIDGE CROSSING, ranging from $529,000 to $615,000. Market data shows 78749 prices risen 3.5% over the last half year. The closest comparable sale, 6208 John Chisum LN, Austin TX 78749 at an adjusted $497,228, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in SHADOWRIDGE CROSSING. 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