Based on 7 closed sales in TAHITIAN, the data points to a value around $411,298 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $428,000 to $435,000. Buyers shopping in TAHITIAN right now would see this as a well positioned option among 4 comparable homes. Being built in 2005 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.74 acres versus 0.71 for the typical comp. Buyers in TAHITIAN have 4 comparable options right now, with asking prices between $360,000 and $430,000. Market data shows TAHITIAN prices risen 1.1% over the last half year. The closest comparable sale, 149 Manawianui DR, Bastrop TX 78602 at an adjusted $428,313, is a strong comparable. The strength of this estimate comes from 7 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