405 Las Cruces ST, Buda TX 78610

The estimated value of this property is $280,440, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $226,000 and $236,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78610. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1983, this home is 10 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78610, listed between $230,000 and $309,900. Recent trends in 78610 show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 402 Village LN, Buda TX 78610, with an adjusted value of $269,050; a strong comparable. Based on 7 relevant data points in 78610, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX