Taking into account 7 nearby comparable sales, this property's estimated value comes to $400,844. If we were to list this property today, I'd recommend a list price in the $389,000 to $413,000 range. This home's position in the current WOODRUFF S SUR market: below the only comparable home currently on the market among comparable properties. This home's larger footprint (203 sqft vs the comp average) plays a role in how the market prices it. Being built in 1997 (6 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in WOODRUFF S SUR, ranging from $775,000 to $775,000. The 6 month price trend in 78615: fallen 34.5%. The best comp here is 250 County Road 458, Coupland TX 78615 at an adjusted value of $588,715, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in WOODRUFF S SUR. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group