After reviewing 7 recent transactions in RIVER CROSSING, I estimate this property's value at $508,799. A competitive list price for this home right now would fall in the $494,000 to $524,000 range. This pricing would rank the home as below the only comparable home currently on the market in RIVER CROSSING's current inventory. The 862 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (2.00 acres versus the area average of 1.95) contributes to the valuation. Buyers in RIVER CROSSING have 1 comparable options right now, with asking prices between $480,000 and $480,000. Prices in RIVER CROSSING have fallen 2.3% over the last 6 months. A similar home at 169 Palo Duro DR, Cedar Creek TX 78612 carries an adjusted comparable value of $521,159, providing a strong data point. With 7 comparable sales in RIVER CROSSING, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group