The market data from 4 similar recent sales in WHISPER OAKS CONDOS points to a value of approximately $205,267. To sell within a reasonable timeframe at fair market value, the $201,000 to $209,000 range is where I'd position this. With 5 comparable homes on the market in WHISPER OAKS CONDOS, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 491 sqft smaller than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 18 years older than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in WHISPER OAKS CONDOS, ranging from $139,900 to $215,000. In 78628, home values have risen approximately 5.5% over the past 6 months. One of the strongest data points is 3004 Whisper Oaks LN # H, Georgetown TX 78628, adjusting to $170,000; a strong comparable. The 4 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