1003 Magnolia CV, Buda TX 78610

My analysis of 7 comparable properties puts this home's estimated value at $483,922. Based on how the local market is moving, a list price between $405,000 and $415,000 would position this home well. Relative to what's currently available in COVES OF CIMARRON, this home would be the most expensive of 3 comparable homes on the market. At 8 years newer than typical comps, the 1995 build date influences the valuation. The smaller lot (0.30 acres versus the area average of 0.56) contributes to the valuation. Current inventory shows 3 comparable homes in COVES OF CIMARRON; a buyer's market based on recent absorption. The 6 month price trend in 78610: risen 2.1%. The best comp here is 505 Canyon Wren DR, Buda TX 78610 at an adjusted value of $496,722, a strong comparable. With 7 comparable sales in COVES OF CIMARRON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group