Taking into account 4 nearby comparable sales, this property's estimated value comes to $257,371. If we were to list this property today, I'd recommend a list price in the $296,000 to $299,000 range. This would position the home competitively among 6 active listings in WOODLAND HILLS. Being built in 2013 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.15 for the typical comp. Current inventory shows 6 comparable homes in WOODLAND HILLS; a buyer's market based on recent absorption. The 6 month price trend in WOODLAND HILLS: fallen 5.6%. The best comp here is 5700 Glowing Star TRL, Austin TX 78724 at an adjusted value of $239,592, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in WOODLAND HILLS. 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