802 LAUREL CV, Buda TX 78610

Reviewing the most recent comparable transactions, this home's market value falls around $383,305. For a well positioned listing in COVES OF CIMARRON, I'd target the $301,000 to $311,000 range. With 3 comparable homes on the market in COVES OF CIMARRON, this price positions the property as the most expensive of 3 comparable homes on the market. The 1992 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in COVES OF CIMARRON; a buyer's market based on recent absorption. Recent trends in 78610 show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 900 Laurel CV, Buda TX 78610, with an adjusted value of $345,602; with a larger floor plan. 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