Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $217,794. To generate strong buyer interest while maximizing value, I'd price this between $211,000 and $224,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78617. This home's smaller footprint (160 sqft vs the comp average) plays a role in how the market prices it. The 1983 construction puts this home 23 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78617, ranging from $265,000 to $265,000. The trend in 78617 shows prices have risen 0.4% in the past 6 months. 14969 Swiss DR, Del Valle TX 78617 nearby adjusts to $97,360; with a smaller floor plan. 7 comparable transactions in 78617 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group