After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $421,996. Pricing this home between $448,000 and $469,000 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 4 comparable homes on the market. At 8 years older than typical comps, the 2009 build date influences the valuation. The larger lot (0.68 acres versus the area average of 0.62) contributes to the valuation. Buyers in TAHITIAN have 4 comparable options right now, with asking prices between $390,000 and $549,999. Market data shows TAHITIAN prices risen 2.1% over the last half year. The closest comparable sale, 120 Konahuanui LN, Bastrop TX 78602 at an adjusted $418,394, is a strong comparable. With 7 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