6901 Panda Royle DR, Del Valle TX 78617

The estimated value of this property is $366,114, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $314,000 and $324,000. In the current STONEY RIDGE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 146 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in STONEY RIDGE; a buyer's market based on recent absorption. Recent trends in STONEY RIDGE show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 6825 Horseshoe Pond DR, Del Valle TX 78617, with an adjusted value of $443,350; a strong comparable. With 5 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