Reviewing the most recent comparable transactions, this home's market value falls around $1,464,873. For a well positioned listing in CIMARRON HILLS, I'd target the $1,135,000 to $1,145,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CIMARRON HILLS. Being 327 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.46 acres, the lot is smaller than the 0.52 acre comp average, which factors into pricing. With 3 similar homes currently listed in CIMARRON HILLS (a buyer's market), competition is a factor to consider. Recent trends in CIMARRON HILLS show home values have risen 29.3% since 6 months ago. The most comparable recent sale is 112 Dovetail LN, Georgetown TX 78628, with an adjusted value of $1,424,394; with a smaller floor plan. 3 comparable transactions in CIMARRON HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
