The market data from 7 similar recent sales in HOMESTEADS GATLIN CREEK points to a value of approximately $617,374. To sell within a reasonable timeframe at fair market value, the $643,000 to $936,000 range is where I'd position this. Among the similar homes currently available in HOMESTEADS GATLIN CREEK, this price point stands out as competitive. At 449 sqft smaller than the typical comp, the size difference factors into the valuation. The 2015 construction puts this home 11 years newer than the comp average, a factor in the pricing. In 78620, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 718 Post Oak DR, Dripping Springs TX 78620, adjusting to $585,492; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
