The estimated value of this property is $715,592, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $500,000 and $510,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78633. Built in 1993, this home is 18 years older than the average comp, which is reflected in the adjustments. The 52.00 acre lot (larger than the 0.40 acre average) is reflected in the estimate. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group