12000 Colt DR, Buda TX 78610

After reviewing 3 recent transactions in MUSTANG MESA, I estimate this property's value at $269,732. A competitive list price for this home right now would fall in the $395,000 to $408,000 range. This home's position in the current MUSTANG MESA market: the most affordable of 7 comparable homes on the market among comparable properties. This home's larger footprint (331 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 2007 build date influences the valuation. Current inventory shows 7 comparable homes in MUSTANG MESA; a buyer's market based on recent absorption. Prices in 78610 have fallen 8.9% over the last 6 months. A similar home at 7007 Gunsmoke CT, Buda TX 78610 carries an adjusted comparable value of $150,691, providing a strong data point. With 3 comparable sales in MUSTANG MESA, 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