807 Greenlawn PKWY, Blanco TX 78606

The market data from 7 similar recent sales in GARDEN OAKS points to a value of approximately $333,833. To sell within a reasonable timeframe at fair market value, the $450,000 to $508,000 range is where I'd position this. With 2 comparable homes on the market in GARDEN OAKS, this price positions the property as the most affordable of 2 comparable homes on the market. At 0.39 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in GARDEN OAKS; a buyer's market based on recent absorption. In GARDEN OAKS, home values have fallen approximately 23.5% over the past 6 months. One of the strongest data points is 1415 Oakridge DR, Blanco TX 78606, adjusting to $244,978; with a smaller floor plan. 7 comparable transactions in GARDEN OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group