3 recent sales within a mile of this address suggest a current value of $426,410. My recommended list price range for this property would be $422,000 to $427,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CIMARRON ACRES. The smaller floor plan (104 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1980, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in CIMARRON ACRES, ranging from $365,000 to $455,000. In CIMARRON ACRES, home values have risen approximately 21.4% over the past 6 months. One of the strongest data points is 12501 Shady Acres DR, Buda TX 78610, adjusting to $427,440; with a smaller floor plan. With 3 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