507 Algaroba LOOP, Buda TX 78610

The market data from 3 similar recent sales in SUNFIELD points to a value of approximately $366,350. To sell within a reasonable timeframe at fair market value, the $383,000 to $397,000 range is where I'd position this. With 7 comparable homes on the market in SUNFIELD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in SUNFIELD (a balanced market), competition is a factor to consider. In SUNFIELD, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 230 Bayou Mint BLVD, Buda TX 78610, adjusting to $382,550; with a larger floor plan. 3 comparable transactions in SUNFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group