11921 Stoney Meadow DR, Del Valle TX 78617

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $376,031. I'd recommend coming to market at $271,000 to $281,000 to strike the right balance between value and market velocity. Against 6 similar active listings in STONEY RIDGE, this price point lands at the most expensive of 6 comparable homes on the market. At 112 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2006, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in STONEY RIDGE; a buyer's market based on recent absorption. The trend in STONEY RIDGE shows prices have fallen 4.6% in the past 6 months. 6825 Horseshoe Pond DR, Del Valle TX 78617 nearby adjusts to $441,995; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group