Taking into account 7 nearby comparable sales, this property's estimated value comes to $269,879. If we were to list this property today, I'd recommend a list price in the $188,000 to $198,000 range. Relative to what's currently available in STONERIDGE, this home would be the 2nd least expensive of 7 comparable homes on the market. Being built in 2004 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.15 for the typical comp. 7 similar homes are currently available in STONERIDGE, creating a buyer's market for this price range. The 6 month price trend in 78610: fallen 8.8%. The best comp here is 115 Plumbago CV, Buda TX 78610 at an adjusted value of $236,279, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in STONERIDGE. 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