My analysis of 3 comparable properties puts this home's estimated value at $1,444,430. Based on how the local market is moving, a list price between $1,373,000 and $1,439,000 would position this home well. Relative to what's currently available in CIMARRON HILLS, this home would be the 0th most expensive of 3 comparable homes on the market. The active market in CIMARRON HILLS includes 3 comparable homes priced from $1,450,000 to $1,600,000. The 6 month price trend in CIMARRON HILLS: fallen 5.7%. The best comp here is 112 Dovetail LN, Georgetown TX 78628 at an adjusted value of $1,439,040, with a smaller floor plan. With 3 comparable sales in CIMARRON HILLS, 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
