Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,120,841. I'd recommend coming to market at $1,087,000 to $1,154,000 to strike the right balance between value and market velocity. Among the similar homes currently available in WOODLAND PARK, this price point stands out as competitive. At 383 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 1 of 4 comparable homes not offering one. There are currently 4 similar homes on the market in WOODLAND PARK, ranging from $1,150,000 to $1,385,000. The trend in WOODLAND PARK shows prices have fallen 28.1% in the past 6 months. 122 Silverstone DR, Georgetown TX 78633 nearby adjusts to $1,335,727; a strong comparable. Based on 4 relevant data points in WOODLAND PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
