Taking into account 5 nearby comparable sales, this property's estimated value comes to $338,261. If we were to list this property today, I'd recommend a list price in the $364,000 to $366,000 range. Relative to what's currently available in TAHITIAN, this home would be the 2nd least expensive of 4 comparable homes on the market. Being built in 2001 (9 years older than comps) is factored into the value estimate. Lot size matters here: 0.69 acres versus 0.50 for the typical comp. The active market in TAHITIAN includes 4 comparable homes priced from $339,900 to $450,000. The 6 month price trend in TAHITIAN: fallen 2.3%. The best comp here is 1255 Lovers LN, Bastrop TX 78602 at an adjusted value of $315,453, with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in TAHITIAN. 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