The estimated value of this property is $363,208, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $386,000 and $387,000. With 6 comparable homes on the market in TAHITIAN, this price positions the property as the most affordable of 6 comparable homes on the market. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2017, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in TAHITIAN includes 6 comparable homes priced from $379,990 to $649,000. Recent trends in TAHITIAN show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 108 Kaliu CT, Bastrop TX 78602, with an adjusted value of $338,120; with a smaller floor plan. 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
