Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $522,543. I'd recommend coming to market at $549,000 to $566,000 to strike the right balance between value and market velocity. Against 3 similar active listings in GARLIC CREEK WEST, this price point lands at the most expensive of 3 comparable homes on the market. The 416 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.19 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Buyers in GARLIC CREEK WEST have 3 comparable options right now, with asking prices between $465,000 and $599,900. The trend in GARLIC CREEK WEST shows prices have fallen 11.8% in the past 6 months. 154 Pettigrew PATH, Buda TX 78610 nearby adjusts to $480,463; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group