7 recent sales in the surrounding area of this address suggest a current value of $963,322. My recommended list price range for this property would be $750,000 to $760,000. With 7 comparable homes on the market in INDIAN POINT, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Built in 1984, this home is 38 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in INDIAN POINT (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 110 Topaz CIR, Dripping Springs TX 78620, adjusting to $715,326; with no pool. With 7 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