Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $246,844. I'd recommend coming to market at $259,000 to $263,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in PARK QUAIL CREEK. The 139 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 3 similar homes on the market in PARK QUAIL CREEK, ranging from $189,999 to $250,000. The trend in PARK QUAIL CREEK shows prices have risen 18.8% in the past 6 months. 9610 Covey RDG, Austin TX 78758 nearby adjusts to $233,715; with a smaller floor plan. With 3 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