1415 Sunset, Fischer TX 78623

Based on 7 closed sales in 78623, the data points to a value around $491,180 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $476,000 to $506,000. This would position the home competitively among 1 active listings in 78623. Being built in 1994 (13 years older than comps) is factored into the value estimate. Lot size matters here: 1.05 acres versus 1.35 for the typical comp. Current inventory shows 1 comparable homes in 78623; a buyer's market based on recent absorption. Market data shows 78623 prices risen 9.1% over the last half year. The closest comparable sale, 1711 LAKE BLUFF BLF, Canyon Lake TX 78133 at an adjusted $382,201, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78623. 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