7406 State Hwy 261, Buchanan Dam TX 78609

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $408,685. I'd recommend coming to market at $446,000 to $462,000 to strike the right balance between value and market velocity. In the current GREENWOOD ACRES market with 0 similar homes available, this price represents no active comparable homes on the market. Being 339 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 31 years newer than the average comp, which is reflected in the adjustments. The trend in 78609 shows prices have risen 51.5% in the past 6 months. 126 Lakeview DR, Buchanan Dam TX 78609 nearby adjusts to $375,140; with a larger floor plan. Based on 7 relevant data points in GREENWOOD ACRES, 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