5 recent sales in the surrounding area of this address suggest a current value of $367,196. My recommended list price range for this property would be $277,000 to $287,000. With 7 comparable homes on the market in 78612, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 275 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 5 of 5 comparable homes not offering one. Buyers in 78612 have 7 comparable options right now, with asking prices between $299,900 and $520,000. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 163 S Ridge DR, Cedar Creek TX 78612, adjusting to $382,739; with a smaller floor plan and no pool. Based on 5 relevant data points in 78612, 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