1208 Hillcrest DR, Granite Shoals TX 78654

The market data from 7 similar recent sales in HILLCREST points to a value of approximately $929,245. To sell within a reasonable timeframe at fair market value, the $911,000 to $948,000 range is where I'd position this. Among the similar homes currently available in HILLCREST, this price point stands out as competitive. The 1985 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is smaller than the 0.49 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in HILLCREST; a buyer's market based on recent absorption. In HILLCREST, home values have fallen approximately 17.4% over the past 6 months. One of the strongest data points is 132 Web Isle DR, Marble Falls TX 78654, adjusting to $942,193; with a larger floor plan. 7 comparable transactions in HILLCREST 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