7 recent sales in the surrounding area of this address suggest a current value of $632,749. My recommended list price range for this property would be $689,000 to $724,000. With 2 comparable homes on the market in HANELIUS & PETERSON, this price positions the property as the most affordable of 2 comparable homes on the market. The 186 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1988, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in HANELIUS & PETERSON includes 2 comparable homes priced from $999,000 to $1,100,000. In 78620, home values have fallen approximately 5.4% over the past 6 months. One of the strongest data points is 251 Oak Grove DR, Dripping Springs TX 78620, adjusting to $724,343; a strong comparable. Based on 7 relevant data points in HANELIUS & PETERSON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX