Based on 3 closed sales in STONEY RIDGE, the data points to a value around $391,271 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $280,000 to $290,000. This home's position in the current STONEY RIDGE market: the most expensive of 3 comparable homes on the market among comparable properties. This home's larger footprint (297 sqft vs the comp average) plays a role in how the market prices it. There are currently 3 similar homes on the market in STONEY RIDGE, ranging from $274,990 to $359,900. Market data shows STONEY RIDGE prices fallen 11.6% over the last half year. The closest comparable sale, 6825 Horseshoe Pond DR, Del Valle TX 78617 at an adjusted $435,019, is a strong comparable. The strength of this estimate comes from 3 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