5519 Cypress Pt PT, Cibolo TX 78108

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $452,978. I'd recommend coming to market at $463,000 to $478,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in 78108, this price positions the property as no active comparable homes on the market. The 321 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2013, this home is 5 years older than the average comp, which is reflected in the adjustments. The trend in 78108 shows prices have fallen 27.5% in the past 6 months. 327 Steele WAY, Cibolo TX 78108 nearby adjusts to $444,309; with a larger floor plan. Based on 7 relevant data points in 78108, 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