Based on 7 closed sales in SUN CITY, the data points to a value around $411,476 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $448,000 to $500,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SUN CITY's current inventory. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2004 (5 years newer than comps) is factored into the value estimate. Buyers in SUN CITY have 7 comparable options right now, with asking prices between $330,000 and $565,000. Market data shows SUN CITY prices fallen 1.1% over the last half year. The closest comparable sale, 603 Rio Grande LOOP, Georgetown TX 78633 at an adjusted $356,051, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SUN CITY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group