Based on what similar homes have actually sold for within a mile, I'd place this property's value at $239,610. I'd recommend coming to market at $232,000 to $247,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SHADOW CREEK. This home's smaller footprint (185 sqft vs the comp average) plays a role in how the market prices it. Buyers in SHADOW CREEK have 4 comparable options right now, with asking prices between $229,900 and $299,900. The trend in SHADOW CREEK shows prices have fallen 2.2% in the past 6 months. 5980 Heron DR, Buda TX 78610 nearby adjusts to $247,251; with a larger floor plan. Based on 4 relevant data points in SHADOW CREEK, 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