7 recent sales in the surrounding area of this address suggest a current value of $405,115. My recommended list price range for this property would be $428,000 to $488,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in CIMARRON ACRES. Built in 1980, this home is 35 years older than the average comp, which is reflected in the adjustments. The 0.67 acre lot (larger than the 0.23 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CIMARRON ACRES, ranging from $398,990 to $674,999. In 78610, home values have fallen approximately 10.8% over the past 6 months. One of the strongest data points is 12501 Shady Acres DR, Buda TX 78610, adjusting to $427,908; with a smaller floor plan. 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