1361 Iron Wood RD, Fischer TX 78623

The estimated value of this property is $425,344, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $413,000 and $438,000. Against 5 similar active listings in 78623, this price point lands at the most affordable of 5 comparable homes on the market. The 0.86 acre lot (larger than the 0.69 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in 78623; a buyer's market based on recent absorption. Recent trends in 78623 show home values have fallen 17.8% since 6 months ago. The most comparable recent sale is 131 Flint CIR, Canyon Lake TX 78133, with an adjusted value of $369,665; a strong comparable. Based on 3 relevant data points in 78623, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX