My analysis of 7 comparable properties puts this home's estimated value at $397,057. Based on how the local market is moving, a list price between $309,000 and $319,000 would position this home well. Relative to what's currently available in CALDWELL, this home would be below the only comparable home currently on the market. This home's larger footprint (1,742 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 2001 build date influences the valuation. Right now, 1 similar properties are competing for buyers in CALDWELL, listed between $354,900 and $354,900. The 6 month price trend in 78621: fallen 0.7%. The best comp here is 12825 James Madison ST, Manor TX 78653 at an adjusted value of $343,717, with a smaller floor plan. The comp data here (7 sales in CALDWELL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus