After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $280,343. Pricing this home between $154,000 and $164,000 would put it in the competitive sweet spot for SILVERSTONE. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SILVERSTONE's current inventory. At 208 sqft smaller than the typical comp, the size difference factors into the valuation. At 6 years newer than typical comps, the 1996 build date influences the valuation. There are currently 7 similar homes on the market in SILVERSTONE, ranging from $151,470 to $280,000. Market data shows SILVERSTONE prices fallen 9.6% over the last half year. The closest comparable sale, 7300 Quicksilver CIR, Austin TX 78744 at an adjusted $331,841, is a strong comparable. With 6 comparable sales in SILVERSTONE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group