1301 Hi Line DR, Buchanan Dam TX 78609

Based on 7 closed sales in INDIAN HILLS, the data points to a value around $398,914 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $387,000 to $411,000. This home's position in the current INDIAN HILLS market: below the only comparable home currently on the market among comparable properties. The larger floor plan (291 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1970 (17 years older than comps) is factored into the value estimate. With 1 similar homes currently listed in INDIAN HILLS (a buyer's market), competition is a factor to consider. Market data shows INDIAN HILLS prices risen 25.6% over the last half year. The closest comparable sale, 1542 Roselea DR, Buchanan Dam TX 78609 at an adjusted $202,680, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in INDIAN HILLS. 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