1212 Serenity, Fischer TX 78623

My analysis of 7 comparable properties puts this home's estimated value at $410,686. Based on how the local market is moving, a list price between $224,000 and $234,000 would position this home well. Relative to what's currently available in 78623, this home would be below the only comparable home currently on the market. This home's smaller footprint (577 sqft vs the comp average) plays a role in how the market prices it. The larger lot (2.50 acres versus the area average of 0.73) contributes to the valuation. With 1 similar homes currently listed in 78623 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78623: risen 9.1%. The best comp here is 164 Willie CT, Canyon Lake TX 78133 at an adjusted value of $320,960, with a larger floor plan. With 7 comparable sales in 78623, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group