The market data from 7 similar recent sales in SHADOW CREEK points to a value of approximately $259,123. To sell within a reasonable timeframe at fair market value, the $286,000 to $287,000 range is where I'd position this. Against 7 similar active listings in SHADOW CREEK, this price point lands at the most affordable of 7 comparable homes on the market. Current inventory shows 7 comparable homes in SHADOW CREEK; a balanced market based on recent absorption. In SHADOW CREEK, home values have fallen approximately 5.3% over the past 6 months. One of the strongest data points is 320 Brandons WAY, Buda TX 78610, adjusting to $278,094; 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