11701 Railton DR, Del Valle TX 78617

Based on 7 closed sales in STONEY RIDGE, the data points to a value around $220,678 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $270,000 to $276,000. Relative to what's currently available in STONEY RIDGE, this home would be the most affordable of 6 comparable homes on the market. At 108 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1998 (6 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in STONEY RIDGE; a balanced market based on recent absorption. Market data shows STONEY RIDGE prices fallen 21.5% over the last half year. The closest comparable sale, 7201 Proud Panda DR, Del Valle TX 78617 at an adjusted $275,883, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in STONEY RIDGE. 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