Based on 5 closed sales in STONEY RIDGE, the data points to a value around $248,146 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $47,000 to $57,000. This home's position in the current STONEY RIDGE market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being built in 2003 (5 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in STONEY RIDGE, listed between $55,000 and $300,000. Market data shows STONEY RIDGE prices fallen 4.6% over the last half year. The closest comparable sale, 6801 Campina XING, Del Valle TX 78617 at an adjusted $257,741, is a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus