The market data from 7 similar recent sales in HUTTOPARKE points to a value of approximately $238,752. To sell within a reasonable timeframe at fair market value, the $251,000 to $265,000 range is where I'd position this. With 3 comparable homes on the market in HUTTOPARKE, this price positions the property as the most affordable of 3 comparable homes on the market. There are currently 3 similar homes on the market in HUTTOPARKE, ranging from $265,000 to $280,000. In HUTTOPARKE, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 408 Wiley ST, Hutto TX 78634, adjusting to $247,413; a strong comparable. 7 comparable transactions in HUTTOPARKE 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
