After reviewing 4 recent transactions in WHITEWATER SPGS, I estimate this property's value at $577,853. A competitive list price for this home right now would fall in the $561,000 to $595,000 range. Buyers shopping in WHITEWATER SPGS right now would see this as a well positioned option among 1 comparable homes. The 674 sqft size difference versus comparable sales is reflected in the adjusted values. At 20 years older than typical comps, the 2001 build date influences the valuation. Right now, 1 similar properties are competing for buyers in WHITEWATER SPGS, listed between $585,000 and $585,000. Prices in 78605 have fallen 17.7% over the last 6 months. A similar home at 111 Wagon Wheel TRL, Bertram TX 78605 carries an adjusted comparable value of $595,185, providing a strong data point. With 4 comparable sales in WHITEWATER SPGS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
