After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $461,240. Pricing this home between $382,000 and $392,000 would put it in the competitive sweet spot for TAHITIAN. Relative to what's currently available in TAHITIAN, this home would be the most expensive of 5 comparable homes on the market. The larger lot (0.68 acres versus the area average of 0.63) contributes to the valuation. Buyers in TAHITIAN have 5 comparable options right now, with asking prices between $339,900 and $469,000. Market data shows TAHITIAN prices fallen 2.3% over the last half year. The closest comparable sale, 149 Manawianui DR, Bastrop TX 78602 at an adjusted $438,272, is with a larger floor plan. With 3 comparable sales in TAHITIAN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group