After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $970,403. Pricing this home between $1,048,000 and $1,114,000 would put it in the competitive sweet spot for 78626. Relative to what's currently available in 78626, this home would be no active comparable homes on the market. Being 1,114 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (25.05 acres versus the area average of 5.10) contributes to the valuation. The comp data here (7 sales in 78626) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus