176 Tranquility MTN, Buda TX 78610

After reviewing 7 recent transactions in 78610, I estimate this property's value at $278,765. A competitive list price for this home right now would fall in the $172,000 to $182,000 range. Buyers shopping in 78610 right now would see this as a well positioned option among 6 comparable homes. This home's smaller footprint (112 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 6 comparable homes in 78610; a buyer's market based on recent absorption. Prices in 78610 have fallen 8.9% over the last 6 months. A similar home at 182 Lone Tree HOLW, Buda TX 78610 carries an adjusted comparable value of $292,858, providing a strong data point. With 7 comparable sales in 78610, 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