Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $463,638. I'd recommend coming to market at $429,000 to $490,000 to strike the right balance between value and market velocity. In the current ROCKY RIDGE market with 0 similar homes available, this price represents no active comparable homes on the market. The 210 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2000, this home is 17 years newer than the average comp, which is reflected in the adjustments. The trend in 78611 shows prices have fallen 26.8% in the past 6 months. 119 Lasso LOOP, Burnet TX 78611 nearby adjusts to $632,340; a strong comparable. Based on 7 relevant data points in ROCKY RIDGE, 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