12608 Pheasant RUN, Buda TX 78610

Reviewing the most recent comparable transactions, this home's market value falls around $433,492. For a well positioned listing in CIMARRON PARK, I'd target the $287,000 to $297,000 range. In the current CIMARRON PARK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1998 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.50 acres, the lot is smaller than the 0.55 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CIMARRON PARK, listed between $295,000 and $512,338. Recent trends in 78610 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 12709 Eagle Nest DR, Buda TX 78610, with an adjusted value of $463,723; with a larger floor plan. The 3 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