Taking into account 4 nearby comparable sales, this property's estimated value comes to $550,891. If we were to list this property today, I'd recommend a list price in the $432,000 to $442,000 range. This home's position in the current 78610 market: the most expensive of 5 comparable homes on the market among comparable properties. At 154 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.69 acres versus 0.65 for the typical comp. With 5 similar homes currently listed in 78610 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78610: fallen 8.9%. The best comp here is 602 Leisurewoods DR, Buda TX 78610 at an adjusted value of $596,498, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78610. 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