213 Sorrell CT, Fischer TX 78623

Reviewing the most recent comparable transactions, this home's market value falls around $563,385. For a well positioned listing in 78623, I'd target the $399,000 to $409,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78623. The 2002 construction puts this home 9 years older than the comp average, a factor in the pricing. At 1.72 acres, the lot is larger than the 1.52 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78623 (a buyer's market), competition is a factor to consider. Recent trends in 78623 show home values have risen 9.1% since 6 months ago. The most comparable recent sale is 1711 LAKE BLUFF BLF, Canyon Lake TX 78133, with an adjusted value of $420,643; with a smaller floor plan. 7 comparable transactions in 78623 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group