Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $403,546. I'd recommend coming to market at $303,000 to $313,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BERRY CREEK, this price point lands at the most expensive of 7 comparable homes on the market. The 172 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2001, this home is 8 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in BERRY CREEK, listed between $293,999 and $325,999. The trend in BERRY CREEK shows prices have fallen 6.6% in the past 6 months. 30107 Briarcrest DR, Georgetown TX 78628 nearby adjusts to $372,877; a strong comparable. Based on 4 relevant data points in BERRY CREEK, 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