After reviewing 7 recent transactions in COMMUNITY, I estimate this property's value at $329,564. A competitive list price for this home right now would fall in the $227,000 to $237,000 range. Buyers shopping in COMMUNITY right now would see this as a well positioned option among 4 comparable homes. Being 418 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 2011 build date influences the valuation. There are currently 4 similar homes on the market in COMMUNITY, ranging from $227,999 to $265,000. Prices in 78633 have risen 3.8% over the last 6 months. A similar home at 518 Jones Beach CV, Jarrell TX 76537 carries an adjusted comparable value of $247,495, providing a strong data point. The comp data here (7 sales in COMMUNITY) 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