7 recent sales within a mile of this address suggest a current value of $315,223. My recommended list price range for this property would be $345,000 to $346,000. With 3 comparable homes on the market in PARKVIEW ESTATES, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1994, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in PARKVIEW ESTATES; based on recent absorption. In PARKVIEW ESTATES, home values have fallen approximately 22% over the past 6 months. One of the strongest data points is 104 Benchmark ST, Georgetown TX 78626, adjusting to $346,307; with a smaller floor plan. 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