My analysis of 7 comparable properties puts this home's estimated value at $348,915. Based on how the local market is moving, a list price between $348,000 and $352,000 would position this home well. Relative to what's currently available in CALDWELL, this home would be the 0th most expensive of 2 comparable homes on the market. This home's larger footprint (2,060 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 2001 build date influences the valuation. Right now, 2 similar properties are competing for buyers in CALDWELL, listed between $294,900 and $400,000. The 6 month price trend in 78621: fallen 10.5%. 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