After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $422,937. Pricing this home between $444,000 and $445,000 would put it in the competitive sweet spot for TWIN LAKE HILLS. This would position the home competitively among 1 active listings in TWIN LAKE HILLS. At 181 sqft smaller than the typical comp, the size difference factors into the valuation. At 6 years older than typical comps, the 2010 build date influences the valuation. With 1 similar homes currently listed in TWIN LAKE HILLS (a buyer's market), competition is a factor to consider. Market data shows TWIN LAKE HILLS prices fallen 5% over the last half year. The closest comparable sale, 10013 Little Creek Circle CIR, Dripping Springs TX 78620 at an adjusted $445,400, is a strong comparable. With 5 comparable sales in TWIN LAKE HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
