The estimated value of this property is $416,257, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $291,000 and $301,000. With 4 comparable homes on the market in SAN FELIPE TWNHMS, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 2003, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. The active market in SAN FELIPE TWNHMS includes 4 comparable homes priced from $290,000 to $499,000. Recent trends in 78729 show home values have risen 1.9% since 6 months ago. The most comparable recent sale is 12405 Oro Valley TRL, Austin TX 78729, with an adjusted value of $449,051; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group