The market data from 7 similar recent sales in TRAILS CARRIAGE HILLS REV points to a value of approximately $426,013. To sell within a reasonable timeframe at fair market value, the $429,000 to $432,000 range is where I'd position this. In the current TRAILS CARRIAGE HILLS REV market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 247 sqft larger than the typical comp, the size difference factors into the valuation. With 5 similar homes currently listed in TRAILS CARRIAGE HILLS REV (a balanced market), competition is a factor to consider. In 78613, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 1204 Jolie LN, Cedar Park TX 78613, adjusting to $389,060; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group