Based on 5 closed sales in SERENE HILLS, the data points to a value around $1,284,689 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,254,000 to $1,358,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in SERENE HILLS's current inventory. At 341 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 5 similar properties are competing for buyers in SERENE HILLS, listed between $1,090,000 and $1,519,000. Market data shows SERENE HILLS prices fallen 1.7% over the last half year. The closest comparable sale, 510 Doe Whisper WAY, Austin TX 78738 at an adjusted $1,124,475, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in SERENE 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