8706 Bullet PASS, Buda TX 78610

Reviewing the most recent comparable transactions, this home's market value falls around $228,493. For a well positioned listing in EL RANCHO, I'd target the $258,000 to $259,000 range. Against 7 similar active listings in EL RANCHO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1994 construction puts this home 25 years older than the comp average, a factor in the pricing. At 2.89 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. With 7 similar homes currently listed in EL RANCHO (a buyer's market), competition is a factor to consider. Recent trends in 78610 show home values have fallen 8% since 6 months ago. The most comparable recent sale is 11701 Reata DR, Buda TX 78610, with an adjusted value of $229,434; a strong comparable. 7 comparable transactions in EL RANCHO 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