After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,076,854. Pricing this home between $1,140,000 and $1,162,000 would put it in the competitive sweet spot for CIMARRON HILLS. This home's position in the current CIMARRON HILLS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.46 acres versus the area average of 0.38) contributes to the valuation. There are currently 4 similar homes on the market in CIMARRON HILLS, ranging from $1,149,000 to $1,299,000. Market data shows CIMARRON HILLS prices risen 29.3% over the last half year. The closest comparable sale, 107 Bee Brush CT, Georgetown TX 78628 at an adjusted $1,168,646, is a strong comparable. The comp data here (7 sales in CIMARRON HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus