Based on 6 closed sales in TAHITIAN, the data points to a value around $403,742 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $392,000 to $416,000. Buyers shopping in TAHITIAN right now would see this as a well positioned option among 5 comparable homes. Being built in 2005 (5 years older than comps) is factored into the value estimate. Buyers in TAHITIAN have 5 comparable options right now, with asking prices between $375,000 and $460,000. 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 $428,397, is a strong comparable. The strength of this estimate comes from 6 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