Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $477,881. To generate strong buyer interest while maximizing value, I'd price this between $464,000 and $492,000. Against 4 similar active listings in COVES CIMARRON, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 1999 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.34 acres, the lot is smaller than the 0.44 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in COVES CIMARRON, ranging from $425,000 to $539,000. The trend in 78610 shows prices have risen 0.5% in the past 6 months. 900 Laurel CV, Buda TX 78610 nearby adjusts to $385,817; a strong comparable. 4 comparable transactions in COVES CIMARRON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group