After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $571,166. Pricing this home between $488,000 and $498,000 would put it in the competitive sweet spot for WALSH. This would position the home competitively among 4 active listings in WALSH. Being 841 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. Buyers in WALSH have 4 comparable options right now, with asking prices between $450,000 and $675,000. Market data shows WALSH prices risen 0.3% over the last half year. The closest comparable sale, 4506 Zacharys RUN, Cedar Park TX 78613 at an adjusted $555,655, is with a larger floor plan. With 7 comparable sales in WALSH, 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