748 E Island DR, Bluffton TX 78607

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $481,502. I'd recommend coming to market at $164,000 to $174,000 to strike the right balance between value and market velocity. Against 4 similar active listings in ISLAND, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (181 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1972, this home is 5 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in ISLAND (a buyer's market), competition is a factor to consider. The trend in ISLAND shows prices have fallen 1.5% in the past 6 months. 104 Live Oak, Tow TX 78672 nearby adjusts to $478,804; a strong comparable. Based on 7 relevant data points in ISLAND, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX