The market data from 7 similar recent sales in LEISUREWOODS points to a value of approximately $521,401. To sell within a reasonable timeframe at fair market value, the $444,000 to $454,000 range is where I'd position this. Among the similar homes currently available in LEISUREWOODS, this price point stands out as competitive. This home's larger footprint (124 sqft vs the comp average) plays a role in how the market prices it. Buyers in LEISUREWOODS have 5 comparable options right now, with asking prices between $400,000 and $679,000. In LEISUREWOODS, home values have fallen approximately 0.9% over the past 6 months. One of the strongest data points is 602 Leisurewoods DR, Buda TX 78610, adjusting to $583,611; a strong comparable. The 7 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