Taking into account 3 nearby comparable sales, this property's estimated value comes to $280,117. If we were to list this property today, I'd recommend a list price in the $306,000 to $310,000 range. Relative to what's currently available in WESTWIND, this home would be the most affordable of 3 comparable homes on the market. Being built in 2011 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.16 for the typical comp. 3 similar homes are currently available in WESTWIND, creating a buyer's market for this price range. The 6 month price trend in WESTWIND: risen 24.4%. The best comp here is 18436 Windtree LN, Elgin TX 78621 at an adjusted value of $274,723, with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in WESTWIND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group