After reviewing 6 recent transactions in CIMARRON HILLS, I estimate this property's value at $1,645,224. A competitive list price for this home right now would fall in the $1,028,000 to $1,038,000 range. This would position the home competitively among 6 active listings in CIMARRON HILLS. The larger floor plan (888 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years older than typical comps, the 2007 build date influences the valuation. Right now, 6 similar properties are competing for buyers in CIMARRON HILLS, listed between $924,990 and $1,420,900. Prices in CIMARRON HILLS have fallen 8.3% over the last 6 months. A similar home at 108 Fishspear LN, Georgetown TX 78628 carries an adjusted comparable value of $1,694,595, providing a strong data point. The comp data here (6 sales in CIMARRON HILLS) 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