118 Longhorn DR, Blanco TX 78606

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $459,864. I'd recommend coming to market at $481,000 to $504,000 to strike the right balance between value and market velocity. Against 0 similar active listings in OAK RIDGE RUST RANCHES, this price point lands at no active comparable homes on the market. This home's smaller footprint (515 sqft vs the comp average) plays a role in how the market prices it. Built in 1998, this home is 13 years older than the average comp, which is reflected in the adjustments. The trend in 78606 shows prices have fallen 10% in the past 6 months. 283 Rust Ranch RD, Blanco TX 78606 nearby adjusts to $366,523; with a larger floor plan. With 7 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