The comparable sales data (7 recent transactions in HILLS OF SHADY GROVE) supports an estimated value of $551,731. The data suggests a list price between $406,000 and $416,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 4 active listings in HILLS OF SHADY GROVE. Being 165 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2005 (14 years older than comps) is factored into the value estimate. Buyers in HILLS OF SHADY GROVE have 4 comparable options right now, with asking prices between $345,000 and $1,100,000. Prices in 78611 have risen 5.1% over the last 6 months. A similar home at 106 Alexander Ave, Burnet TX 78611 carries an adjusted comparable value of $496,604, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HILLS OF SHADY GROVE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group