The market data from 7 similar recent sales in CIMARRON HILLS points to a value of approximately $1,331,656. To sell within a reasonable timeframe at fair market value, the $1,113,000 to $1,123,000 range is where I'd position this. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in CIMARRON HILLS. There are currently 6 similar homes on the market in CIMARRON HILLS, ranging from $1,150,000 to $1,399,000. In CIMARRON HILLS, home values have risen approximately 29.3% over the past 6 months. One of the strongest data points is 509 Indigo LN, Georgetown TX 78628, adjusting to $1,757,082; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group