4 recent sales within half a mile of this address suggest a current value of $562,365. My recommended list price range for this property would be $842,000 to $980,000. In the current TRAILS CARRIAGE HILLS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 489 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1999, this home is 6 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in TRAILS CARRIAGE HILLS (a balanced market), competition is a factor to consider. In TRAILS CARRIAGE HILLS, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 1204 Jolie LN, Cedar Park TX 78613, adjusting to $427,880; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
