Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $368,646. I'd recommend coming to market at $313,000 to $323,000 to strike the right balance between value and market velocity. Against 7 similar active listings in RIVERSIDE GROVE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 250 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in RIVERSIDE GROVE have 7 comparable options right now, with asking prices between $310,000 and $875,000. The trend in RIVERSIDE GROVE shows prices have risen 10.2% in the past 6 months. 408 N Lori CIR, Bastrop TX 78602 nearby adjusts to $333,783; a strong comparable. 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