The market data from 7 similar recent sales in GARLIC CREEK WEST points to a value of approximately $365,840. To sell within a reasonable timeframe at fair market value, the $379,000 to $383,000 range is where I'd position this. With 5 comparable homes on the market in GARLIC CREEK WEST, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. There are currently 5 similar homes on the market in GARLIC CREEK WEST, ranging from $360,000 to $429,000. In GARLIC CREEK WEST, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 1057 Talley LOOP, Buda TX 78610, adjusting to $372,914; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group