Taking into account 7 nearby comparable sales, this property's estimated value comes to $513,806. If we were to list this property today, I'd recommend a list price in the $567,000 to $584,000 range. This home's position in the current PINE FOREST market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The 260 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.50 acres versus 2.17 for the typical comp. Buyers in PINE FOREST have 3 comparable options right now, with asking prices between $550,000 and $639,900. The 6 month price trend in PINE FOREST: risen 1.6%. The best comp here is 271 Tall Forest DR, Bastrop TX 78602 at an adjusted value of $673,202, with a larger floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in PINE FOREST. 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